Is Ferrari making a profit?
Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personal touches to its vehicles. Ferrari posted net profit of 1. Ferrari Management Ferrari’s CEO is Benedetto Vigna, appointed in Sep 2021, has a tenure of 4. M, comprised of 18. M.Real Time Net Worth Piero Ferrari is vice chairman and 10% owner of luxury race car company Ferrari. His father Enzo founded Ferrari. Piero became a billionaire when Ferrari listed its shares on the New York Stock Exchange in October 2015.How does Ferrari make their money? Ferrari has profit margins well beyond the traditional car manufacturers. Maybe this is because they charge a premium for their vehicles compared with VW group, Daimler and Ford. The biggest contributor to this healthy margin is not their cars – it is their merchandise.Ferrari’s numbers indicate a compounded annual growth rate of 5%; analysts at Italian brokerage Equita had expected 6% in a preview ahead of the event. Outside of Tesla (TSLA), Ferrari’s price-to-estimated-2026-earnings ratio of 40 is one of the priciest in the industry.
Why is Ferrari underperforming?
Why are Ferrari considered to be struggling in 2025? Ferrari’s points total after 15 races (260) is down significantly from the same point in 2024 (364). Factors include inconsistent car performance, strategic calls, and a season where rivals — particularly McLaren — have been stronger. In 2021, the USA was again the largest single-country market for Ferrari but the recovery was strongest in China where sales nearly doubled. Ferrari claimed to not have been much affected by the global shortage in semiconductors and expects positive growth in 2022 due to higher demand and a richer model mix.Even so, it’s only a matter of time before the annual sales record of 13,752 units achieved in 2024 is surpassed. Ferrari has never had such a diverse lineup, spanning V-6, V-8, and V-12 engines, plug-in hybrids, and the Purosangue SUV. With an electric car on the way, the company can cast a wider net.United States still ahead. The United States remains Ferrari’s flagship market. In 2024, the brand sold 3,527 units, representing an increase of 12.More than 90% of all Ferraris ever produced are still on the road and working. Ferrari has produced more than 300,000 vehicles since 1947, and an astonishing majority remain in working condition.
Who owns 90% of Ferrari?
Fiat acquired a 50% stake in Ferrari, which brought more money for investments into new models. Fiat increased its ownership to 90% of Ferrari, and Enzo retained a 10% stake. Enzo Ferrari passed away at the age of 90. As Ferrari struggled with sales and production in the late 1960s, it reluctantly turned to Fiat for financial assistance, and the two would complete an acquisition deal in June of 1969.
Who is richer, Ferrari or Red Bull?
According to data analysed by the digital platform Sportico, Ferrari tops the list with an estimated valuation of 4. Mercedes (3. Red Bull Racing (3. Ferrari leads the way at over $7 billion, with Mercedes and Red Bull close behind. McLaren and Aston Martin complete the top five, both showing major growth in recent years. These numbers prove that F1 is not just a sport, it’s one of the most valuable businesses in the world.
Does Fiat still own 50% of Ferrari?
Who Owns Ferrari Today? After restructuring to establish Ferrari N. V. Ferrari Group, FIAT Chrysler Automobiles (FCA) sold 10% of their shares and distributed their remaining 80% of shares among FCA shareholders. Ferrari was and continues to be owned by Piero Ferrari (son of Enzo). The brands went their own ways—but the connection lingered because Ferrari supplied engines to many Maseratis through the 2010s and early 2020s. That supply relationship has now wound down, with Maserati moving to its own powertrains (and electric “Folgore” models).Since FIAT owned both Ferrari and Maserati, in 1997 shares were exchanged and Ferrari took control of Maserati, positioning the brand as Ferrari’s luxury division. New factories, engines, and models were built in conjunction with Ferrari, taking the brand to new heights and entering the US market.