Ferrari N.V., through its subsidiaries provides design, engineering, production, and sale of luxury performance sports cars globally. It offers sports, track, one-off, and road cars, as well as supercars, as well as spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods.
Additionally, it operates Ferrari museums in Modena and Maranello. Its portfolio also includes Il Cavallino restaurant in Maranello, and theme parks in Abu Dhabi and Spain, as well as direct or indirect finance and leasing services.
Its portfolio also includes range of financial and ancillary services, special financing arrangements, and operates franchised and owned Ferrari stores. Founded in 1947, the company is headquartered in Maranello, Italy.
Ferrari N.V. designs, engineers, produces, and sells luxury performance sports cars globally. Its product lineup includes sports cars, track cars, one-off models, road cars, and supercars. The company also provides spare parts and engines, as well as after-sales services such as repair, maintenance, and restoration for its vehicles. Beyond automotive, Ferrari licenses its brand to producers and retailers of luxury and lifestyle goods. Additionally, it operates Ferrari museums in Modena and Maranello, the Il Cavallino restaurant in Maranello, and theme parks in Abu Dhabi and Spain. The company also offers financial and leasing services, including special financing arrangements, and runs franchised and owned Ferrari stores.
Where is Ferrari N.V. (RACE) listed and in which currency?
Ferrari N.V. is listed on the New York Stock Exchange (NYSE) under the ticker symbol RACE. Its shares trade in U.S. dollars (USD). The company is headquartered in Maranello, Italy, and its primary listing on a U.S. exchange provides global investors with access to its stock in a major market.
What sector and industry does Ferrari N.V. (RACE) belong to?
Ferrari N.V. operates in the Consumer Cyclical sector, specifically within the Auto Manufacturers industry. This classification reflects the company's focus on producing luxury performance sports cars, which are discretionary consumer goods. As a cyclical business, Ferrari's performance is tied to economic conditions, though its high-end brand positioning and exclusive product range often provide resilience compared to mass-market automakers.
Where is Ferrari N.V. (RACE) headquartered and what markets does it serve?
Ferrari N.V. is headquartered in Maranello, Italy, a town in the Emilia-Romagna region known for its automotive heritage. The company was founded in 1947 and operates globally, selling its luxury sports cars and supercars in markets worldwide. Its brand is synonymous with Italian craftsmanship and performance, and it maintains a strong presence in North America, Europe, Asia, and the Middle East. Ferrari also operates museums in Modena and Maranello, a restaurant in Maranello, and theme parks in Abu Dhabi and Spain, further extending its brand reach.
How does Ferrari N.V. (RACE) make money beyond car sales?
In addition to selling luxury performance sports cars, Ferrari generates revenue through several other streams. The company licenses its iconic Ferrari brand to various producers and retailers of luxury and lifestyle goods, earning royalties. It also provides after-sales services such as repair, maintenance, and restoration for its vehicles, as well as selling spare parts and engines. Ferrari operates museums in Modena and Maranello, the Il Cavallino restaurant in Maranello, and theme parks in Abu Dhabi and Spain, which attract visitors and enhance brand loyalty. Furthermore, the company offers financial and leasing services, including special financing arrangements, and runs franchised and owned Ferrari stores that sell branded merchandise.