Ferrari N.V. (RACE) NYSE

Currency In USD

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Ferrari N.V.

Address

Via Abetone Inferiore n. 4

Maranello, MO 41053

Italy

Phone

39 0536 94 91 11

Sector

Consumer Cyclical

Industry

Auto - Manufacturers

Employees

5465

First IPO Date

October 21, 2015

Key Executives

NameTitlePayYear Born
Benedetto VignaChief Executive Officer & Executive Director9.07M1969
John Jacob Philip ElkannExecutive Chairman1.72M1976
Maria ContiChief Communication Officer01979
Nicoletta RussoHead of Investor Relations0N/A
Antonio Picca PicconChief Financial Officer01964
Carlo DaneoGeneral Counsel01968
Davide AbateChief Industrial Officer01984
Enrico GallieraChief Marketing & Commercial Officer01966
Flavio ManzoniChief Design Officer01965
Marco LovatiChief Internal Audit, Risk and Compliance Officer01972
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Description

Ferrari N.V. is a renowned automotive manufacturer primarily engaged in the creation, engineering, production, and sale of an exclusive range of high-performance luxury automobiles. Its extensive vehicle lineup features diverse models, including traditional sports cars, Grand Tourers (GTs), specialized series editions, ultra-exclusive limited-edition hypercars, bespoke one-off vehicles, track-specific designs, and its distinctive Icona series. Beyond car manufacturing, the company also supplies motorsport vehicles, essential components like spare parts and engines, and delivers comprehensive after-sales services such as vehicle repair, maintenance, and restoration. Expanding its brand influence, Ferrari N.V. strategically licenses its iconic marque to various producers and retailers of upscale lifestyle merchandise. This also extends to prominent leisure destinations, including the Ferrari World theme park in Abu Dhabi, UAE, and Ferrari Land Portaventura in Europe. The company further diversifies its operations by offering direct and indirect financing and leasing solutions to both individual customers and dealership partners. Additionally, Ferrari N.V. oversees the management of racetracks, curates and maintains two dedicated museums in Maranello and Modena, Italy, and markets its own collection of branded apparel and accessories through specialized monobrand boutiques. As of December 31, 2021, Ferrari's global retail presence comprised 30 branded stores, with 14 operating as franchised outlets and 16 as company-owned locations. Its products are also distributed globally through a network of 172 authorized dealers, collectively operating 191 sales points, and are available for purchase directly via its official e-commerce platform, store.ferrari.com. Established in 1947, Ferrari N.V. maintains its headquarters in Maranello, Italy.

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