Ferrari NV

RACE

Company Profile

  • Business description

    Ferrari designs, engineers and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from sales of cars and spare parts, 10% from sponsorship linked to its racing activities, and the remainder sourced from its captive finance company. In 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, China was 10%, and rest of Asia was 13%.

  • Contact

    Via Abetone Inferiore n. 4
    MaranelloI-41053
    ITA

    T: +39 536949111

    https://www.ferrari.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Auto Manufacturers

    Fiscal Year End

    31 December 2024

    Employees

    5,239

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