Ferrari S.p.A. Company Research Report

Company Overview

• Name: Ferrari S.p.A.

• Mission: Known for epitomizing the power of a lifelong passion and the beauty of limitless human achievement, Ferrari creates timeless icons for a changing world.

• Founded: 1947

• Founder: Enzo Ferrari

• Key People:

• Benedetto Vigna, CEO

• Headquarters: Via Abetone Inferiore No. 4, I-41053 Maranello, Italy

• Number of Employees: No information is available.

• Revenue: €6.0 billion in net revenues reported

• Recognition: Ferrari is primarily known for its luxury sports cars and involvement in Formula One racing as part of Scuderia Ferrari.

Products

Sports and Racing Cars

• Ferrari Lineup: Includes a wide range of iconic sports cars renowned for performance and luxury.

• High-Level Description:

• Known for exclusive, high-performance sports cars characterized by advanced engineering, unique design, and superior craftsmanship.

• Key Features: Each model incorporates state-of-the-art technology, precision engineering, and luxurious interiors.

Recent Additions

• F80 Supercar

• A new addition to Ferrari's lineup which reflects the brand's latest innovations in the supercar category.

• 296 GT3 and Challenge: These models emphasize Ferrari's commitment to excellence in performance and involve comprehensive scrutiny by international press.

Recent Developments

New Products and Features

• F80 Supercar: Latest in Ferrari’s supercar range showcasing innovative technology and design.

• New Warranty Programs: Ferrari introduced extended warranty programs for hybrid and power hybrid vehicles, catering to modern demands.

• Ferrari Roma Spider: Launched with refined and innovative personalization through the Tailor Made program.

Partnerships and Corporate Developments

• Partnership with UniCredit: Ferrari announced a brand-new partnership with UniCredit as part of their strategic corporate alliances.

• Partnership with Vantage Markets: Scuderia Ferrari announced Vantage Markets as an official partner, enhancing their presence in the financial sector.

• Renewed Partnership with CA Auto Bank: Ferrari renewed its financial partnership in Europe with CA Auto Bank.

Racing and Esports

• Scuderia Ferrari: Involvement in GT Series, Esports series, and the Scuderia Ferrari Driver Academy.

• Reserve Drivers: Zhou Guanyu and Antonio Giovinazzi are notable reserve drivers for Scuderia Ferrari.

• Esports: Luke Whitehead crowned Ferrari HP Esports Series 2024 Champion.

Sustainability Efforts

• Committed to reaching carbon neutrality by 2030, emphasizing sustainability as a central strategy for long-term value creation.

Overall, Ferrari maintains its reputation as a leader in luxury automobile manufacturing, consistently innovating in both product offerings and corporate strategies, while upholding a strong commitment to its rich racing heritage and sustainability goals.