Ferrari N.V. is a luxury automotive manufacturer renowned for its high-performance sports cars and a legacy steeped in racing heritage
The company crafts meticulously designed vehicles that embody speed, precision, and elegance, appealing to a discerning clientele. Beyond the production of iconic cars, Ferrari also engages in extensive brand development, promoting a lifestyle associated with exclusivity and luxury. Its commitment to innovation and sustainability is evident in its ongoing efforts to integrate advanced technologies into its vehicles, all while maintaining the distinctive character that defines the Ferrari brand. The company also participates in motorsport events, reinforcing its reputation for excellence in performance and engineering.
Maranello (Italy), March 7, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that, following the accelerated bookbuild offering made by Exor N.V. on February 26, 2025, the Company participated in the offering by purchasing No. 666,666 common shares for a total consideration of 299,999,700 Euro (the “Transaction”).
Maranello (Italy), February 27, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that, following the accelerated bookbuild offering made by Exor N.V. (“Exor”) on February 26, 2025, the Company has participated in the offering by agreeing to repurchase 666,666 common shares for a total consideration of Euro 300 million, at the same price per share determined by the offering (the “Transaction”). The Transaction is being financed by Ferrari’s cash on hand.
Maranello (Italy), February 21, 2025 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2024 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2024. The 2024 Sustainability Statement, prepared for the first time in accordance with the requirements from the European Sustainability Reporting Standard (ESRS) on a voluntary basis, is included in the 2024 Annual Report.
Maranello (Italy), February 20, 2025 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 2.986 per common share, with an increase of approximately 22% compared to the prior year and corresponding to a total distribution of approximately Euro 534 million.
Maranello (Italy), February 17, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
Bringing new and exciting online shopping experiences with affordable, high-quality product selections. Car accessories, health and beauty, and baby and pet essentials are among the categories now available on Nitchiverse.com.
Alpha Pro Exotic Rentals, a premier luxury and exotic car rental service, is setting new standards in the world of high-end vehicle rentals in Miami. Known for offering an unparalleled selection of exotic, high-performance vehicles, the company is quickly becoming the go-to provider for both tourists and locals seeking a first-class driving experience in the vibrant city of Miami.
Maranello (Italy), February 10, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
Central Florida - The Celebration Exotic Car Festival, one of North America’s largest and most prestigious exotic car showcases, is set to return to Central Florida from March 28 to April 1, 2025. Now in its 22nd year, the event offers a unique combination of world-class automotive displays, celebrity entertainment, and a mission-driven commitment to supporting children with life-threatening medical conditions.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
“Quality of revenues over volumes: I believe this best explains our outstanding financial results in 2024, thanks to a strong product mix and a growing demand for personalizations. On these solid foundations, we expect further robust growth in 2025, that will allow us to reach one year in advance the high-end of most of our profitability targets for 2026” said Benedetto Vigna, CEO of Ferrari. “Last year's results reflect a great teamwork that involved all our Company’s souls. This teamwork was also visible in a very competitive racing season. The will to progress that has always characterized Ferrari has led to innovation in our infrastructure, with the inauguration of the e-building; in our products, best highlighted by the new supercar, the Ferrari F80; and in R&D, with the new E-Cells Lab that will further strengthen our electrochemical knowledge to prepare us for the future. And we will reveal more of our future on 9 October at our Capital Markets Day.”
