Ferrari NV (RACE) Sector
Consumer Discretionary

(Current) $470.70
-11.95 (-2.48%) Open Price: 470.70

Ferrari N.V. is an iconic Italian luxury sports car manufacturer and a symbol of automotive excellence. The company was founded by Enzo Ferrari in 1939 as Auto Avio Costruzioni in Modena, Italy. Initially, Ferrari focused on producing racing cars and later expanded to manufacture high-performance road cars. Ferrari N.V. is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "RACE."

Ferrari is renowned for its commitment to innovation, precision engineering, and cutting-edge design, making it one of the world's most desirable and recognizable automotive brands. The company's prancing horse logo and signature red color are synonymous with speed, luxury, and exclusivity.

Ferrari's core business is centered around designing, manufacturing, and selling high-performance luxury sports cars. The company offers a range of models, including the iconic mid-engine V8 sports cars like the Ferrari F8 Tributo and the 812 Superfast, as well as the front-engine V12 GTs like the GTC4Lusso and the 812 GTS.

In addition to its road cars, Ferrari has a rich history in motorsport. The company's racing heritage dates back to the 1940s, and it has enjoyed great success in Formula 1 racing, winning numerous championships and establishing itself as one of the most successful teams in the sport.

Ferrari's exclusivity and limited production of its cars contribute to their high desirability and value among collectors and enthusiasts. The company has a unique customer customization program, allowing buyers to personalize their vehicles according to their preferences.

Ferrari's dedication to delivering the ultimate driving experience, coupled with its status as a luxury brand, has created a devoted global customer base. With a focus on continuous innovation and expanding its product offerings, Ferrari remains a dominant force in the luxury automotive market.

(09/06/24) $470.70
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