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Ferrari N V - RACE STOCK NEWS

Welcome to our dedicated page for Ferrari N V news (Ticker: RACE), a resource for investors and traders seeking the latest updates and insights on Ferrari N V stock.

Introduction

Ferrari N.V. (NYSE/EXM: RACE) stands as an iconic symbol in the luxury automotive sphere, renowned for its meticulously crafted luxury sports cars and revered motor racing heritage. Combining decades of experience in automotive engineering with a passion for performance, Ferrari has established itself as a benchmark in the high-performance vehicle segment. Keywords such as "luxury sports cars", "automotive engineering", and "motor racing" encapsulate the essence of the brand from the onset.

Heritage and Brand Legacy

Originating from a rich history that dates back to the early collaborations in motor racing and production innovations, Ferrari was founded by Enzo Ferrari in 1939. The company initially evolved from its affiliation with Alfa Romeo's racing division, laying the groundwork for a legacy built on speed, precision, and aesthetic excellence. Its evolution into one of the world's most cherished luxury brands has been underpinned by a commitment to design, performance, and exclusivity.

Core Business Operations

Ferrari N.V. is primarily engaged in the design, engineering, and manufacturing of luxury sports cars that uniquely combine cutting-edge technology with traditional Italian craftsmanship. Its business model is centered on several key segments:

  • High-end Vehicle Sales: The cornerstone of the company, Ferrari’s car sales are characterized by a deliberate strategy of keeping supply below demand, thereby ensuring that each vehicle represents a rare and prestigious purchase.
  • Spare Parts and Accessories: Complementing its vehicle sales, Ferrari supplies genuine spare parts and specialized accessories that maintain the brand’s performance standards and heritage aesthetics.
  • Commercial and Racing Activities: Beyond automobiles, Ferrari extends its expertise to sponsorships, licensable brand activities, and participations in high-profile racing events. These initiatives not only reinforce the company’s technological prowess but also amplify its global brand presence.

Market Position and Competitive Landscape

In the competitive realm of luxury automotive manufacturing, Ferrari N.V. distinguishes itself through precise control of production volumes and exceptional attention to detail. Its strategic positioning is reinforced by:

  • Exclusivity: A highly controlled supply chain ensuring products remain exclusive and desirable.
  • Engineering Excellence: Advanced automotive engineering that continuously pushes the boundaries of performance and innovation.
  • Global Brand Prestige: A widespread network of loyal clientele and robust brand recognition, bolstered by its involvement in international racing circuits and lifestyle initiatives.

Industry Significance and Operational Insight

Ferrari N.V.'s operations are deeply intertwined with the broader landscape of automotive innovation and luxury market dynamics. The company leverages its illustrious history and engineering expertise to remain at the forefront of design and performance. Every vehicle is a testament to a tradition of excellence, combining artisanal craftsmanship with modern technological advancements. Its dual focus on heritage and innovation positions Ferrari as a distinguished player within the competitive automotive industry.

Global Footprint and Revenue Streams

The company’s revenue streams are diversified across multiple geographies, catering to a discerning global clientele. Its operations span across key regions including Europe, the Americas, and various parts of Asia, ensuring a balanced exposure and resilience in its market approach. A significant portion of its revenue is generated through the sale of vehicles and genuine spare parts, while additional income is derived from its branding and racing-related activities. This balanced model not only supports its luxury pricing strategy but also reinforces its status as a cultural and technological icon.

Technological Innovation and Racing Integration

At the heart of Ferrari N.V.'s success lies a relentless pursuit of technological innovation. The company integrates state‐of‐the‐art engineering techniques with traditional design principles to produce vehicles that excel in both performance and aesthetics. Its sustained involvement in high-tier racing events and partnerships with reputable teams exhibit its commitment to pushing performance limits. This dual focus on consumer vehicles and motorsport underwrites a reputation for reliability, high performance, and groundbreaking engineering advancements.

Customer Loyalty and After-Sales Excellence

Ferrari's business model is further enhanced by its robust customer relationships and after-sales service. More than a purchase, a Ferrari is seen as an investment in an exclusive lifestyle backed by a community of long-term clientele. Through personalized services, premium spare parts, and specialized support, the company ensures that its customer experience is in line with the prestigious brand image it upholds.

Conclusion

In summary, Ferrari N.V. exemplifies the fusion of high-performance engineering, luxury design, and a storied competitive racing legacy. Its carefully curated product offerings, combined with its strategic global presence, make it a subject of extensive interest among automotive enthusiasts and investment researchers alike. Every aspect of its operations reflects a commitment to excellence that continues to shape the landscape of luxury sports car manufacturing.

Rhea-AI Summary
Ferrari N.V. announced positive results from its Annual General Meeting, including approval of 2023 Annual Accounts, a dividend of Euro 2.443 per share, re-election of directors, and authorization for share repurchase. Shareholders also approved the Remuneration Report and amendments to the Remuneration Policy.
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Ferrari N.V. provides an update on its Euro 350 million share buyback program, part of a larger multi-year program. The company has purchased a total of 3,007,197 own common shares on the Euronext Milan and NYSE, amounting to Euro 794,058,143.88 in total consideration. As of April 12, 2024, Ferrari holds 13,831,301 common shares in treasury, representing 5.38% of the total issued share capital.
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Ferrari N.V. announces the purchase of common shares under a Euro 350 million buyback program, part of a larger program totaling Euro 2 billion by 2026. The company bought shares on Euronext Milan and NYSE, totaling Euro 163,798,675.39 and USD 54,391,165.62. As of April 5, 2024, Ferrari held 13,835,338 common shares in treasury, representing 5.38% of the total issued share capital. Since July 1, 2022, Ferrari has repurchased 2,987,859 own common shares for Euro 786,537,719.76.
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Ferrari N.V. announces the purchase of additional common shares under the Euro 350 million share buyback program, part of a larger program totaling Euro 2 billion by 2026. The Company has bought back a significant number of shares on the Euronext Milan and New York Stock Exchange, totaling Euro 157,742,888.02 and USD 49,191,718.46 as of March 28, 2024. Ferrari now holds 13,807,372 common shares in treasury, representing 5.37% of the total issued share capital.
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Ferrari N.V. (RACE) announces the purchase of common shares under a Euro 350 million buyback program, part of a larger Euro 2 billion program. The Company has bought back a total of 2,936,076 own common shares on EXM and NYSE, spending Euro 766,025,767.24 since July 1, 2022. As of March 22, 2024, Ferrari holds 13,783,555 common shares, equivalent to 5.36% of the total issued share capital.
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Ferrari N.V. announces the purchase of common shares under a Euro 350 million share buyback program, part of a larger multi-year program totaling approximately Euro 2 billion by 2026. The company has bought back shares on the Euronext Milan and New York Stock Exchange, totaling Euro 144,322,508.33 and USD 40,493,638.81 as of March 15, 2024. Ferrari has acquired a total of 2,906,397 own common shares since July 1, 2022, under the buyback program.
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Ferrari N.V. announces the purchase of common shares under a multi-year share buyback program, totaling Euro 136,852,792.23 and USD 38,493,941.02. As of March 8, 2024, the company holds 13,771,548 common shares in treasury, representing 5.36% of the total issued share capital. Since the start of the program in July 2022, Ferrari has bought back 2,847,090 own common shares for a total consideration of Euro 731,408,174.47.
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Ferrari N.V. announces the agenda for the 2024 Annual General Meeting of Shareholders, to be held on April 17, 2024, in Amsterdam. Shareholders can access materials on Ferrari's website or request hard copies for free. Contact details provided for further information.
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Ferrari N.V. announces the purchase of additional common shares under its Euro 350 million share buyback program, totaling Euro 129,363,744.31 on the Euronext Milan and USD 34,294,885.17 on the New York Stock Exchange. The Company now holds 13,741,786 common shares in treasury, representing 5.35% of the total issued share capital. Since the inception of the Euro 2 billion buyback program in 2022, Ferrari has bought back 2,817,328 own common shares for a total consideration of Euro 720,048,035.01.
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Ferrari N.V. announces the purchase of additional common shares under a Euro 350 million share buyback program. The Company has bought 20,099 common shares for approximately Euro 7.4 million on the Euronext Milan. Since the start of the program in 2022, Ferrari has purchased a total of 2,788,692 own common shares on EXM and NYSE, totaling Euro 708.9 million.
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FAQ

What is the current stock price of Ferrari N V (RACE)?

The current stock price of Ferrari N V (RACE) is $434.76 as of April 21, 2025.

What is the market cap of Ferrari N V (RACE)?

The market cap of Ferrari N V (RACE) is approximately 76.5B.

What is Ferrari N.V.'s core business?

Ferrari N.V. designs, engineers, and manufactures luxury sports cars, complemented by the sale of genuine spare parts and exclusive accessories.

How does Ferrari maintain its brand exclusivity?

The company carefully controls production volumes to keep supply below demand, ensuring each vehicle remains a rare and prestigious item.

What role does motor racing play in Ferrari's operations?

Motor racing is integral to Ferrari's heritage, with the company leveraging its involvement in high-profile racing events to showcase its technological advancements and reinforce its brand legacy.

How is revenue diversified at Ferrari N.V.?

Revenue is primarily generated from car sales and spare parts, along with ancillary income from sponsorships, commercial, and brand-related activities.

In which regions does Ferrari have a significant market presence?

Ferrari has a strong presence across Europe, the Americas, and Asia, catering to a global clientele with a high appreciation for luxury and performance.

What distinguishes Ferrari's engineering and design approach?

Ferrari combines cutting-edge engineering techniques with traditional Italian craftsmanship to create vehicles that are both high-performing and visually iconic.

Can you explain Ferrari's customer loyalty strategy?

Ferrari nurtures lasting customer relationships through personalized after-sales service and exclusive access to branded lifestyle events, reinforcing long-term loyalty.

How does Ferrari manage integration between its racing and commercial operations?

By strategically aligning its racing initiatives with commercial activities, Ferrari leverages insights from high-performance motorsport to enhance the design and technology of its consumer vehicles.
Ferrari N V

NYSE:RACE

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RACE Stock Data

76.54B
130.70M
30.41%
39.44%
0.85%
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