Category: Ferrari F1

As the Ferrari drivers continue F1 testing in Barcelona, Lewis Hamilton is poised to break…

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Ferrari Continues Testing in Barcelona as Lewis Hamilton Eyes Historic Milestone   As Ferrari’s drivers continue their intensive Formula 1 testing in Barcelona, Lewis Hamilton is on the verge of achieving yet another historic milestone in his illustrious career. The seven-time world champion is preparing for the upcoming season with high expectations, eager to reclaim his dominance on the track.   Ferrari’s testing sessions in Barcelona have drawn significant attention, with Charles Leclerc and Carlos Sainz putting their latest challenger through its paces. The Scuderia is focused on fine-tuning performance,…

Breaking: Ferrari N.V.( NYSE/EXM: RACE) has released its financial results for the third quarter of 2024 demonstrating continued growth and strong execution….

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Ferrari N.V. (NYSE/EXM: RACE) has unveiled its financial results for the third quarter of 2024, showcasing robust growth and strategic advancements.   Financial Performance:   Net Revenues: The company reported net revenues of €1,644 million, marking a 6.5% increase compared to the same period in 2023.   Adjusted EBIT: Earnings before interest and taxes reached €467 million, reflecting a 10.3% rise, with a margin of 28.4%.   Adjusted Net Profit: The adjusted net profit climbed to €375 million, a 13% increase, resulting in a diluted earnings per share of €2.08.…