In 2015, Ferrari's IPO on the New York Stock Exchange valued the company at nearly $10 billion. Now, the company's market cap has risen to $30 billion. This makes the car maker one of the most ...

We owe that turn of fate to a truck accident that happened outside of Bergamo, Italy back in 1964. Brembo itself was founded ...

Italy’s Agnelli family holding company, Exor, said it planned to sell a 4 per cent stake in luxury sports car group Ferrari to pursue new acquisitions and launch a share buyback.

The Agnelli family sold a stake worth around €3 billion ($3.14 billion) in Ferrari NV, after the supercar maker’s value has risen more than 10 times since its initial public offering in the US.

Ferrari reported on Tuesday it ended 2024 with increased profits and sales. The Italian supercar maker saw its net revenue jump 11.8 percent to €6.7 billion ($6.9 billion at today’s exchange ...

But Italian sports-car maker Ferrari had refused to partake, swearing that an SUV was not in keeping at all with the brand’s spirit, ethos or desires. And yet, with the draw of that additional ...

Maserati has cancelled plans for an electric version of its MC20 sports car because of expected poor demand, the struggling luxury carmaker said.

Ferrari (RACE) came out with quarterly earnings ... A quarter ago, it was expected that this luxury sports car maker would post earnings of $2.11 per share when it actually produced earnings ...