Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.
Founded from the automotive activities of Enzo Ferrari, the first cars bearing the Ferrari name emerged in the late 1940s; the brand has since built a reputation for performance, craftsmanship and exclusivity. Ferrari’s engineering and assembly operations are concentrated in Italy, with its historic facilities in Maranello (and nearby Modena) serving as the center for design, production and testing. The company markets and sells vehicles globally, with a commercial footprint across Europe, the Americas and the Asia-Pacific region, supported by a network of franchised dealers and bespoke client services aimed at affluent buyers and collectors worldwide.
Ferrari maintains a distinct presence in motorsport through Scuderia Ferrari, its Formula One racing team, which plays a central role in technology development and brand positioning. The company is organized under Ferrari N.V., a publicly listed holding company, which was spun out of Fiat Chrysler group and began trading on public markets in 2015. Ferrari’s corporate leadership is led by a board and executive team focused on balancing the brand’s heritage and exclusivity with selective product line expansion and electrification efforts; among its public-facing leaders are Chairman John Elkann and Chief Executive Officer Benedetto Vigna.