MILAN (Reuters) – Shares in Ferrari hit fresh record highs on Thursday, driving the luxury sports car maker’s market value closer to the $100 billion mark after the Italian group predicted strong orders would deliver more growth. Chief Executive Bendetto Vigna said the “exceptional visibility” in the company’s order book would allow it “to look […]
Ferrari stock roared to new all-time highs early Thursday after outpacing Q4 earnings forecasts. Meanwhile, Ferrari Formula 1 fans are ecstatic about reports that racing legend Lewis Hamilton may be donning a red suit for the 2025 season, rather than Mercedes’ (MBGAF) black, white and green. X Ferrari (RACE) reported adjusted earnings of 1.62 euros […]
MILAN (Reuters) -Luxury sports car maker Ferrari said on Thursday its revenue and core earnings would rise this year, supported by a strong order book, and after broadly meeting targets for 2023. Presenting its fourth-quarter results, the Italian company said in a statement it saw its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) […]
Lewis Hamilton is on the brink of a blockbuster move to Ferrari in 2025, the PA news agency understands. Hamilton, 39, is entering the first of a new two-year deal with Mercedes worth £100million. Hamilton has won six of his world titles driving for Mercedes. Photo: Tim Goode/PA. But it is understood the seven-time Formula […]
Legoland Florida theme park has revealed more details about its upcoming Ferrari-themed attraction, including the model of car that will be its centerpiece and a more specific opening date range. The Lego Ferrari Build & Race attraction will feature a life-size Lego-brick version of a red Ferrari 296 GTS hybrid, the park says. Visitors to […]