News Details
Ferrari profits up despite drop in revenue amid
Luxury sportscar maker and legendary Formula 1 racing team Ferrari on Tuesday reported its profits remained flat in the third quarter as it recovers lost production from the coronavirus shutdown. The company based in the northern Italian city of Maranello said net profit was 171-euros ($200-million) in the quarter, compared with 169-million in the same period last year. Shipments were down by 161 units, to 2,313 vehicles. Ferrari said it is still working on recovering the 2,000 vehicle production loss during Italy´s seven-week shutdown. Revenues sank by 3% to 888-million, from 915-million in the same period last year. Car revenues rose on sales of the Ferrari Monza SP1 and SP2 special...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Why Mercedes didn't believe sensors warning of...
Mercedes trackside engineering director Andrew Shovlin has revealed the...
5y ago from GPFans.com
Verstappen never found rhythm during ‘very...
Red Bull’s Max Verstappen says he could never find a smooth rhythm amid...
5y ago from MotorsportWeek.com
Miami residents file lawsuit, claim racial...
A number of residents of Miami Gardens have taken issue with the...
5y ago from MotorsportWeek.com
Charles Leclerc’s Ferrari Accidentally Intercepted...
The Portuguese Grand Prix was a very strong weekend for Charles Leclerc,...
5y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Senior Honda MotoGP executive exits as HRC restructure...
No description available...
19h ago from Motorsport.com
All the records Marc Marquez can break in MotoGP 2026
No description available...
21h ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
1d ago from Motorsport.com
Honda stuck at "similar potential" to 2025...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
PREMA confirmed to miss opening IndyCar round
PREMA will not be present for this weekend’s season-opening round of...
16h ago from MotorsportWeek.c...
Marcus Ericsson going into 2026 season with “chip on...
No description available...
15h ago from Motorsport.com
Ed Carpenter Racing enter technical partnership with...
No description available...
14h ago from Motorsport.com
Ticket design for 110th Indianapolis 500 unveiled
The ticket design for this upcoming May’s 110th running of the...
16h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
20h ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal and Chelsea targeting move for...
At just 18 years old, Honest Ahanor has emerged as one of the most...
59m ago from CaughtOffside.com
Liverpool, Arsenal, Man Utd scouts busy as 18-year-old...
Liverpool, Arsenal and Manchester United are interested in signing the...
11h ago from CaughtOffside.com
Arsenal could renew interest in 250k-a-week 'machine',...
Leon Goretzka continues to be linked with a move away from Bayern Munich...
14h ago from CaughtOffside.com
Pitch Points: Bodø/Glimt give us hope for the future;...
world of soccer throws up no shortage of questions. Today, Graham Ruthven...
13h ago from TheGuardian.com
Comments
Hottest News
Da Costa hits back at Verstappen's ‘Formula E' jibe
Feb.26 Former Formula E champion Antonio Felix... Read More »
39m ago from OneStopStrategy.com
Will drivers still make a difference in F1 in 2026?
Have F1's new rules damaged its status as the... Read More »
49m ago from BBC.co.uk
F1 News Today: Lewis Hamilton and Ferrari face new threat...
Ferrari may have topped the timesheets in Bahrain... Read More »
1h ago from GPFans.com
