A Ferrari is parked outside the New York Stock Exchange in celebration of Ferrari Automotive Company’s IPO on October 21, 2015 in New York City. Andrew Burton | Getty Images Ferrari CEO Benedetto Vigna promised on Tuesday that the luxury carmaker’s new electric vehicle will offer drivers the same roar as its historic combustion engines. … Read more
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters DETROIT – Ford Motor CEO Jim Farley on Thursday urged … Read more
Car key for the Ferrari Purosangue SUV. Adam Jeffery | CNBC Luxury sports car manufacturer Ferrari topped Wall Street’s top- and bottom-line earnings expectations for the fourth quarter to finish off a record year of profits. The automaker reported a net profit of 1.26 billion euros, or $1.36 billion, for 2023, including 294 million euros, … Read more
Lewis Hamilton of Great Britain and Mercedes looks on at the Mercedes GP Team Photo during previews ahead of the F1 Grand Prix of Abu Dhabi at Yas Marina Circuit on November 23, 2023 in Abu Dhabi, United Arab Emirates. Clive Rose | Getty Images Sport | Getty Images Former Formula One drivers believe Lewis … Read more
Lewis Hamilton of Mercedes ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates on November 26, 2023. Nurphoto | Nurphoto | Getty Images Seven-time Formula 1 world champion Lewis Hamilton is on the cusp of a surprise move from Mercedes to Ferrari for the 2025 … Read more
Formula 1’s return to Las Vegas was thrown into chaos as the opening practice session was cancelled after just eight minutes of action due to a broken drain cover damaging Carlos Sainz’s car. With F1 returning to Las Vegas for the first time since 1982 on an all-new circuit, a red flag was thrown by … Read more
The Ferrari original factory entrance. Courtesy: Ferrari Ferrari on Thursday said its third-quarter profit jumped 46% from a year ago as its wealthy customers continued to choose expensive “personalization” options for their new cars. As it did last quarter, Ferrari again boosted its guidance for the full year following the results. Ferrari now expects 2023 … Read more