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    Ferrari NV (RACE)

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    Ferrari N.V. (RACE) is a luxury performance car manufacturer renowned for its high-performance sports cars and commitment to brand exclusivity. The company operates globally, producing and selling luxury vehicles, offering personalization options, and engaging in motorsport activities, particularly Formula 1. Ferrari also generates revenue through sponsorships, branded merchandise, and other related services.

    1. Cars and Spare Parts - Manufactures and sells luxury performance cars, along with offering personalization options and spare parts to enhance customer experience.
    2. Sponsorship, Commercial, and Brand - Generates revenue from sponsorship agreements, Formula 1 commercial activities, and Ferrari-branded merchandise, licensing, and royalties.
    3. Engines - Supplies engines to other manufacturers and rents engines to Formula 1 teams, although this activity has been scaled back following the expiration of a key supply contract.
    4. Other - Includes financial services, management of the Mugello racetrack, and other sports-related activities.
    NamePositionExternal RolesShort Bio

    John Elkann

    ExecutiveBoard

    Executive Chairman

    CEO of Exor N.V.; Chairman of Stellantis N.V.; Chairman of GEDI Gruppo Editoriale S.p.A.; Chairman of Giovanni Agnelli Foundation; Trustee of MoMA

    Italian businessman, born in 1976, with a degree in Engineering. Leads Ferrari's strategic direction and is a key figure in the Agnelli family businesses.

    Benedetto Vigna

    Executive

    Chief Executive Officer

    None mentioned in the documents

    Joined Ferrari in 2021. Formerly at STMicroelectronics, where he led the Analog, MEMS, and Sensors Group. Focuses on innovation and Ferrari's "value over volume" strategy.

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    Adam Keswick

    Board

    Non-Executive Director

    Chairman of Matheson & Co.; Director at DFI Retail Group, Hongkong Land, and Mandarin Oriental; Vice Chairman of Rothschild & Co.; Board Member at Schindler Holdings Ltd.

    British businessman with extensive experience in finance and corporate governance. Holds leadership roles in multiple global organizations.

    Delphine Arnault

    Board

    Non-Executive Director

    CEO of Christian Dior Couture; Board Member at LVMH, Loewe, Pucci, Celine, Christian Dior SE, Gagosian, and Phoebe Philo Limited

    French businesswoman with extensive experience in luxury goods. Currently leads Christian Dior Couture and serves on multiple boards within the LVMH group.

    Eddy Cue

    Board

    Non-Executive Director

    Senior Vice President of Services at Apple; Trustee at Duke University and Paley Center for Media

    Oversees Apple services such as Apple Music, Apple TV+, and iCloud. Brings expertise in digital services and technology to Ferrari's board.

    Francesca Bellettini

    Board

    Non-Executive Director

    President and CEO of Yves Saint Laurent; Deputy CEO of Kering

    Italian executive with a strong background in luxury goods. Has held leadership roles at Gucci, Bottega Veneta, and Prada before joining Yves Saint Laurent.

    John Galantic

    Board

    Non-Executive Director

    Operating Partner at Advent International; Board Member at Bacardi Limited; Board Member of Chanel Fondation

    Former President and COO of Chanel Inc. Brings extensive experience in luxury brand management and operations.

    Maria Patrizia Grieco

    Board

    Non-Executive Director

    Board Member at Amplifon, Bocconi University, and Endesa S.A.; Chairperson of Assonime

    Italian executive with expertise in corporate governance. Former Chairperson of Enel and Monte dei Paschi di Siena.

    Mike Volpi

    Board

    Non-Executive Director

    General Partner at Index Ventures; Board Member at Aurora, Confluent, Clickhouse, Scale, Sonos, and Wealthfront; Advisory Board Member at Stanford's Knight Hennessy Scholars program

    Venture capitalist with expertise in enterprise software and AI. Formerly a director at Ericsson and Fiat Chrysler Automotive.

    Piero Ferrari

    Board

    Vice Chairman

    Chairman of HPE-COXA; Vice President of Ferretti Group

    Son of Enzo Ferrari. Has been involved with Ferrari since 1965, contributing to motorsport and production. Holds honorary degrees in engineering and is a Cavaliere del Lavoro.

    Sergio Duca

    Board

    Chairman of the Board

    Member of the Statutory Auditors at Ferrovie dello Stato Italiane S.p.A.; Independent Director at OSAI Automation System S.p.A.; Director at Tofaş; Chair of ISPI Board of Auditors; Member at Intesa San Paolo Foundation

    Chartered accountant and former Chairman of PwC Italy. Brings expertise in corporate governance, financial oversight, and risk management.

    1. With margins already nearing the high end of your 2026 outlook, is there potential to recalibrate your margin expectations, and how will you balance unit growth versus price and mix over the next few years?

    2. Given the increase in personalization to around 20%, do you expect this level to be sustainable, and how might constraints in personalization capacity affect your ability to meet customer demand and capture more than 20% going forward?

    3. As residual values begin to normalize post-COVID and semiconductor shortages, could this impact your ability to price successor models with significant markups, and how are you addressing potential buyer concerns over residual value trends?

    4. With the order book of the new 12Cilindri models extending beyond two years and some markets showing weaker demand, particularly China due to additional tax burdens, how are you strategizing allocation and production to address geographic variances in demand?

    5. Considering the upcoming launch of your electric vehicle in 2025 and past strategies with new technologies like the LaFerrari and SF90, what are the key elements of your strategy for introducing the EV, and how do you plan to position it in terms of price point and production volume?

    No recent press releases or 8-K filings found for RACE.