Ferrari N.V. (RACE.VI)

386.70 -3.70 (-0.95%) At close: 05:32PM CEST

Ferrari N.V.

Via Abetone Inferiore n. 4
Maranello, MO 41053
Italy
39 05 36 94 91 11
https://www.ferrari.com

Sector(s): Consumer Cyclical
Industry: Auto Manufacturers
Full-time employees: 5,204

Description

Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.

Corporate governance

Ferrari N.V.’s ISS governance QualityScore as of 1 June 2024 is 3. The pillar scores are Audit: 1; Board: 4; Shareholder rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.