Ferrari bets racetrack wins will lead to showroom sales [FOX Business Network]
Ferrari N.V. Common Shares (RACE)
Last ferrari n.v. common shares earnings: 2/4 05:58 am
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Source: FOX Business Network
MILAN – In the world of elite sports car manufacturing, it is an article of faith that victory on the racetrack translates into sales in the showroom. “Win on Sunday, sell on Monday,” goes the old saw. Continue Reading Below So for Italian sports car maker Ferrari NV ( RACE ), the end of a decadeslong losing streak on Formula One racetracks is a great relief, more so as it comes just when the company—the biggest spender on Formula One racing—is stretching its brand by removing a longstanding ceiling on the number of cars it sells and expanding into other products. All that provides a backdrop for Tuesday’s unveiling of the Portofino model at Germany’s Frankfurt auto show. Like its predecessors, Ferrari’s newest road car will benefit from technology developed for the racetrack. That technology, which includes new metal alloys for the frame, engine and bodies, and steering wheels decked out with all the controls including the gear shifter, trickles down f
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RACE
News
- Ferrari (NYSE: RACE) had its price target raised by analysts at Sanford C. Bernstein from $448.00 to $512.00. They now have an "outperform" rating on the stock.MarketBeat
- Ferrari Announces Voting Results From Its Annual General MeetingGlobeNewswire
- BYD Unveils Two Models in Latest Luxury Sport Utility Push [BNN Bloomberg (Canada)]BNN Bloomberg
- Ferrari N.V.: Periodic Report on the Buyback ProgramGlobeNewswire
- Ferrari Owner Exor's Boss Is Telling Investors That His Company Still Loves Cars [BNN Bloomberg (Canada)]BNN Bloomberg
RACE
Earnings
- 2/1/24 - Beat
RACE
Sec Filings
- 4/17/24 - Form 6-K
- 4/15/24 - Form 6-K
- 4/8/24 - Form 6-K
- RACE's page on the SEC website