Maranello

Ferrari: New Hires and New Initiatives for Its People

Retrieved on: 
Monday, November 13, 2023
Scuderia Ferrari, Attention, Scuderia, Treasury, FIM, Culture, Medicine, Maranello, Laboratory, Health, Parent, ESG, Security (finance), Health insurance, Birth control, Ferrari

“Ferrari is made of people, who have been, are and will be at the core of our attention,” commented Benedetto Vigna, CEO of Ferrari.

Key Points: 
  • “Ferrari is made of people, who have been, are and will be at the core of our attention,” commented Benedetto Vigna, CEO of Ferrari.
  • “These initiatives demonstrate our desire to foster the sense of belonging that makes us unique, and underline how we continuously strive for excellence.”
    A broad-based share ownership plan will be launched in the early months of 2024.
  • Ferrari will also bear all expenses related to the management of the plan and all related individual employee positions.
  • The Company plans to extend this plan to the employees of all foreign Group companies, in accordance with national legislations.

Rock & Roll Hall of Famer Sammy Hagar to Auction One-of-One 2015 Ferrari LaFerrari at Flagship Barrett-Jackson Scottsdale Auction, January 20-28

Retrieved on: 
Thursday, November 9, 2023
Men, Performance & Special Interest, Entertainment, Events, Concerts, Luxury, Consumer, General Automotive, Automotive, General Entertainment, Celebrity, Retail, Music, Other Automotive, KERS, Shelby, WestWorld, GT500, Engineering, Multimedia, Rock and Roll Hall of Fame, V12, Maranello, Kinetic energy recovery system, Torque, Barrett-Jackson, Sensation, Ferrari, Hagar, Formula, Auction, LaFerrari, Location

Barrett-Jackson , The World’s Greatest Collector Car Auctions, will auction a highly desirable, one-of-one 2015 Ferrari LaFerrari owned by legendary Rock & Roll Hall of Fame inductee, multi-platinum solo artist and former Van Halen front man Sammy Hagar during the 2024 Scottsdale Auction, January 20-28 at WestWorld of Scottsdale.

Key Points: 
  • Barrett-Jackson , The World’s Greatest Collector Car Auctions, will auction a highly desirable, one-of-one 2015 Ferrari LaFerrari owned by legendary Rock & Roll Hall of Fame inductee, multi-platinum solo artist and former Van Halen front man Sammy Hagar during the 2024 Scottsdale Auction, January 20-28 at WestWorld of Scottsdale.
  • Hagar’s LaFerrari will cross the Barrett-Jackson auction block on Saturday, January 27.
  • Click here for Barrett-Jackson’s “First Look” with Sammy Hagar’s 2015 LaFerrari.
  • Crossing the auction block on Saturday, January 27, in Scottsdale, Hagar’s headlining 2015 LaFerrari will be the feature car of the 2024 Salon Supercar Collection.

FERRARI N.V. ANNOUNCES FINAL RESULTS OF THE CASH TENDER OFFER ON EURO NOTES

Retrieved on: 
Friday, July 14, 2023
ISIN, Maranello, Ferrari, NYSE, Cryptocurrency, Security (finance), Note

Maranello, Italy 14 July 2023 - Ferrari N.V. (NYSE/EXM: RACE) (Ferrari or the Company) hereby announces the final results of its invitation to eligible holders (subject to the offer restrictions referred to in the Tender Offer Memorandum (as defined below)) of the Company’s outstanding €650,000,000 1.500 per cent.

Key Points: 
  • Maranello, Italy 14 July 2023 - Ferrari N.V. (NYSE/EXM: RACE) (Ferrari or the Company) hereby announces the final results of its invitation to eligible holders (subject to the offer restrictions referred to in the Tender Offer Memorandum (as defined below)) of the Company’s outstanding €650,000,000 1.500 per cent.
  • Notes due 27 May 2025 (ISIN: XS2180509999) (the Notes) to tender their Notes for purchase by the Company for cash (the Offer).
  • Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.
  • The Company will accept for purchase Notes validly tendered pursuant to the Offer in full, without pro rata scaling.

FERRARI N.V. ANNOUNCES INDICATIVE RESULTS OF THE CASH TENDER OFFER ON EURO NOTES  

Retrieved on: 
Friday, July 14, 2023
Purchasing, Settlement date, Ferrari, Purchase price adjustment, Interpolation, Maranello, ISIN, NYSE, Cryptocurrency, Security (finance), Note

Notes due 27 May 2025 (ISIN: XS2180509999) (the Notes) to tender their Notes for purchase by the Company for cash (the Offer).

Key Points: 
  • Notes due 27 May 2025 (ISIN: XS2180509999) (the Notes) to tender their Notes for purchase by the Company for cash (the Offer).
  • The Offer was announced on 6 July 2023 and was made on the terms and subject to the conditions set out in the tender offer memorandum dated 6 July 2023 (the Tender Offer Memorandum).
  • Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.
  • The Company intends to accept for purchase Notes validly tendered pursuant to the Offer in full, without pro rata scaling.

Ferrari: Strong Results, With Demand Heading Into 2025

Retrieved on: 
Thursday, May 4, 2023
Treasury, Partnership, Prancing Horse, International, Fiorano Circuit, Share repurchase, Enel X, Ferrari, Annual, Annual general meeting, REC, Maranello, OLED, Samsung Display, Enel, Renewable energy, Holding company, Fiorano

New multiyear partnership agreements in Formula 1 with Virtual Gaming World and Asahi Europe & International, starting in 2023 and 2024, respectively.

Key Points: 
  • New multiyear partnership agreements in Formula 1 with Virtual Gaming World and Asahi Europe & International, starting in 2023 and 2024, respectively.
  • The renewal of the company-specific collective labor agreement, which applies to all Ferrari employees in Italy, with various trade unions for the four-year period 2023-2026.
  • The receipt from a threat actor of a ransom demand related to certain client contact details.
  • Ferrari immediately started an investigation, informed the relevant authorities and worked to further reinforce its systems.

FRED VASSEUR APPOINTED SCUDERIA FERRARI TEAM PRINCIPAL  

Retrieved on: 
Tuesday, December 13, 2022
2010 GP2 Series, NYSE, Ferrari, Scuderia Ferrari, Formula One, Nico Rosberg, Tifosi, GP2, Vasseur, History, Sauber Motorsport, Management, Scuderia, Maranello

Maranello (Italy), December 13, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announced that Fred Vasseur will join Scuderia Ferrari on 9 January as Team Principal and General Manager.

Key Points: 
  • Maranello (Italy), December 13, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announced that Fred Vasseur will join Scuderia Ferrari on 9 January as Team Principal and General Manager.
  • Vasseur has most recently held the position of CEO and Team Principal of Sauber Motorsport (currently Alfa Romeo F1 Team) since 2017.
  • Commenting on the appointment, Ferrari CEO Benedetto Vigna said: “We are delighted to welcome Fred Vasseur to Ferrari as our Team Principal.
  • This approach and his leadership are what we need to push Ferrari forward with renewed energy.”
    Fred Vasseur commented: “I am truly delighted and honoured to take over the leadership of Scuderia Ferrari as Team Principal.

Tactical Fleet to Auction Rare 1995 Ferrari F50

Retrieved on: 
Saturday, December 10, 2022
Aston, F50, Ferrari, Bentley, Maranello, Sale, Hardtop, RM Sotheby's, Mercedes-Benz, AMG, Rolls-Royce, McLaren, History, Alpina, Taxicab, Porsche, Lamborghini

MIAMI, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Tactical Fleet is auctioning a rare 1995 Ferrari F50 at the prestigious RM Sotheby's auction on Dec. 10, 2022, in Miami, Florida.

Key Points: 
  • MIAMI, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Tactical Fleet is auctioning a rare 1995 Ferrari F50 at the prestigious RM Sotheby's auction on Dec. 10, 2022, in Miami, Florida.
  • Tactical Fleet specializes in the top exotic and luxury brands: Aston Martin, Bentley, Ferrari, Lamborghini, McLaren, Mercedes-Benz (AMG and G-Class/G Wagon), Porsche, and Rolls-Royce.
  • Tactical Fleet has a stellar team of dedicated sales specialists to make sure the buying process is easy and enjoyable.
  • Tactical Fleet is a subsidiary of Sonic Automotive, Inc., one of the nation's largest automotive retailers with over 150 locations.

Ferrari Signs Memorandum of Understanding With Mise, Invitalia and the Emilia-Romagna Region.

Retrieved on: 
Tuesday, March 22, 2022
Maranello, MISE, Banca Intesa, DNA, Investment, National Agency for Science and Engineering Infrastructure, Economic development, NYSE, Ferrari, Research, Capital market, Employment, Technology, Memorandum, Education, Contratto, Renewable energy

Maranello22 March 2022 Ferrari N.V. (NYSE/EXM: RACE) (Ferrari or the Company) today signed a Memorandum of Understanding (Protocollo di Intesa) with the Italian Ministry of Economic Development (MISE), Invitalia (the National Agency for Inward Investment and Economic Development S.p.A.) and the Emilia-Romagna Region.

Key Points: 
  • Maranello22 March 2022 Ferrari N.V. (NYSE/EXM: RACE) (Ferrari or the Company) today signed a Memorandum of Understanding (Protocollo di Intesa) with the Italian Ministry of Economic Development (MISE), Invitalia (the National Agency for Inward Investment and Economic Development S.p.A.) and the Emilia-Romagna Region.
  • According to the Memorandum of Understanding, the Institutions involved will support Ferraris plan, which involves investments in technology and production, with a strong focus on innovation as well as a social and environmental commitment.
  • The plan will significantly benefit the territory of Maranello and Modena, and will lead to the employment of 250 new hires.
  • Ferrari will present its industrial plan at the Capital Markets Day, scheduled for 16 June 2022.

FERRARI AND QUALCOMM: A STRATEGIC TECHNOLOGY PARTNERSHIP AIMED AT THE FUTURE

Retrieved on: 
Tuesday, February 8, 2022
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The agreement with Qualcomm Technologies will have a strong technological impact aimed at accelerating the digital transformation process for Ferrari and its road cars.

Key Points: 
  • The agreement with Qualcomm Technologies will have a strong technological impact aimed at accelerating the digital transformation process for Ferrari and its road cars.
  • The Snapdragon logo will make its debut on the F1-75, the Ferrari single-seater which will be unveiled at Maranello on 17 February 2022.
  • We believe valuable partnerships, and a distinctive Ferrari interpretation, ultimately enhance product excellence.
  • Cristiano Amon, President and CEO of Qualcomm Incorporated:
    We are excited to see our automotive technology leadership play an integral role in this new strategic relationship with Ferrari.

Strong Momentum Sets the Foundation for Future Growth. 2022 Guidance on the Trajectory to Reach 2023 Ebitda Target

Retrieved on: 
Wednesday, February 2, 2022
Capital market, EBIT, EBITDA, Palladium, Pharmaceutical industry, Maranello

Total shipments of 11,155 units, up 22.3% versus FY 2020 and 10.1% versus FY 2019

Key Points: 
  • Total shipments of 11,155 units, up 22.3% versus FY 2020 and 10.1% versus FY 2019
    Net revenues of Euro 4,271 million, up 23.4% versus prior year and up 13.4% versus FY 2019
    EBITDA of Euro 1,531 million, up 34.0% versus prior year and up 20.6% versus FY 2019.
  • EBIT of Euro 1,075 million, up 50.2% versus prior year and up 17.2% versus FY 2019.
  • Our record 2021 financial results demonstrate once more the strength of our business model.
  • Building on strong momentum, we are eager to seize the opportunities ahead and look forward to sharing our future plans on June 16 in Maranello at our Capital Markets Day.