Ferrari Nv Stock News

McLaren Denies Being Bought By Audi Update (0800ET) : McLaren has issued a statement denying being bought by Aud i. In a statement, the brand said the story was "wholly inaccurate" , adding: "McLarens technology strategy has always involved ongoing discussions and collaboration with relevant partners and suppliers, including other carmakers, however, there has been no change in the ownership structure of the McLaren Group . * * * Automotive magazine Autocar reports Audi has bought British racecar company The McLaren Group in a deal that would give the German manufacturer control over its supercar business and its Formula 1 team. The acquisition may suggest Audi, owned by Volkswagen Group Automotive, has future ambitions to enter F1. The change of ownership is excellent news for McLaren, who has been undergoing heavy financial pressures. Last year, it received refinancing up to a half-billion euros, and one of the latest developments, McLaren CEO Mike Flewitt, stepped down last month after eight years.

Sytner Group is opening a new Ferrari dealership in Glasgow after the Italian supercar maker awarded its first additional franchise for over 15 years. Graypaul Glasgow, located close to Glasgow The post Ferrari expands dealer network as Sytner opens new dealership in Glasgow appeared first on Car Dealer Magazine .

Two men were taken to hospital following the crash.

Michael Schumacher is still fighting eight years on from his life-changing ski crash, his close friend and former Ferrari confidante Jean Todt has revealed.

SAO PAULO, Nov. 13 (Xinhua) -- Mercedes driver Valtteri Bottas will begin the Sao Paulo Formula One Grand Prix in pole position after edging out Red Bull''s Max Verstappen in Saturday''s sprint race. Bottas completed the 24-lap dash at Interlagos in 29 minutes and 9.559 seconds, 1.170 seconds ahead of championship leader Verstappen. Ferrari''s Carlos Sainz was third fastest, more than 18 seconds off the pace.

Ferrari's (RACE) CEO Benedetto Vigna on Q3 2021 Results - Earnings Call Transcript

Ferrari NV (NYSE: RACE) reported third-quarter FY21 sales growth of 18.6% year-on-year, to €1.1 billion or $1.24 billion, beating the analyst consensus of $1.08 billion. Total shipments of 2,750

Sports car maker Ferrari said on Tuesday it would raise this year's core earnings forecast after a strong set of results in the third quarter, the first since new Chief Executive Bendetto Vigna starte

Morgan Stanley's Adam Jonas forecasts Ferrari shares could climb 10% to $265 over the next year, thanks largely to the firm's burgeoning electric vehicle business.

Italian luxury sports car maker Ferrari on Thursday won its dispute with a German car design company after Europe's top court agreed with its arguments that it owns the design right to the appearance

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Maranello (Italy), October 20, 2021 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the third quarter of 2021 will be released on Tuesday, November 2, 20

Maranello (Italy), October 18, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback p

BKNG, CCL, DDAIF, AQUA, and RACE have been added to the Zacks Rank #5 (Strong Sell) List on October 13, 2021.

 Ferrari N.V.: periodic report on the buyback program Maranello (Italy), October 11, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchas