Ferrari (NYSE:RACE) is an Italian luxury automotive company that designs, develops, manufactures and sells high-performance sports cars. Its product portfolio includes mid- and front-engine sports cars, grand touring models, special-series vehicles and limited-edition automobiles. Ferrari also develops hybrid and other electrified models while maintaining a focus on performance, craftsmanship, design and exclusivity.
The company generates additional activities through its racing operations, vehicle personalization programs, financial services, merchandise, licensing and branded experiences. Ferrari’s racing heritage is closely associated with Scuderia Ferrari, its Formula One team, which has competed in the championship since its inaugural season in 1950.
Ferrari traces its origins to Enzo Ferrari’s racing organization, established in 1939, and produced its first car bearing the Ferrari name in 1947. The company was separated from Fiat Chrysler Automobiles and became an independent publicly traded business in 2016, with its shares listed on the New York Stock Exchange under the symbol RACE. Ferrari serves customers globally through a network of authorized dealers and operates across major markets in Europe, North America, Asia and other regions.
Ferrari is led by Chief Executive Officer Benedetto Vigna, who assumed the role in 2021. John Elkann serves as executive chairman. The company’s operations include manufacturing and commercial activities in Italy, supported by an international sales, service and brand network.
