UK Markets closed
  • NIKKEI 225

    23,516.59
    +42.29 (+0.18%)
     
  • HANG SENG

    24,918.78
    +132.68 (+0.54%)
     
  • CRUDE OIL

    39.14
    -0.71 (-1.78%)
     
  • GOLD FUTURES

    1,898.60
    -6.60 (-0.35%)
     
  • DOW

    28,335.57
    -28.13 (-0.10%)
     
  • BTC-GBP

    9,993.05
    +14.49 (+0.15%)
     
  • CMC Crypto 200

    260.05
    -1.40 (-0.54%)
     
  • Nasdaq

    11,548.28
    +42.28 (+0.37%)
     
  • ^FTAS

    3,310.38
    +41.84 (+1.28%)
     

Can Ferrari Turn Around After Driving Off a Cliff?

Luis Sanchez CFA, The Motley Fool
·4-min read
Can Ferrari Turn Around After Driving Off a Cliff?
Can Ferrari Turn Around After Driving Off a Cliff?

Ferrari (NYSE: RACE) is a luxury car company that produces some of the world's most sophisticated and technologically advanced cars on the market. The company is also a prominent figure in Formula 1 racing, makes engines for Maserati, and has even licensed its brand for consumer products such as hats and T-shirts. As a result, Ferrari shut down its operations for much of the first half of the year, which led to significant disruption in production and cash flow.