What Is Ferrari Net Worth?

If you’re curious about the net worth of one of the world’s most iconic luxury brands, then you’re in luck. In this blog post, we’ll take a look at Ferrari’s net worth and some of the factors that contribute to its value.

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Introduction

Ferrari is an Italian luxury sports car manufacturer founded by Enzo Ferrari in 1928. The company is headquartered in Maranello, Italy and is currently owned by Fiat Chrysler Automobiles (FCA). As of 2016, Ferrari was the world’s most powerful brand according to Brand Finance. The company has a long history of success on the racing circuit, winning the Formula One World Championship on 16 occasions.

What is Ferrari’s net worth?

Ferrari’s net worth is estimated to be $12.4 billion as of 2017. This figure includes both the value of the brand and the company’s financials.

History

Ferrari is an Italian luxury sports car manufacturer founded by Enzo Ferrari in 1939 out of Alfa Romeo’s race division as Auto Avio Costruzioni. The company built its first car in 1940 and produced its last in 1997. Throughout its history, Ferrari has been noted for its continued participation in racing, especially in Formula One, where it has had great success. Ferrari road cars are generally seen as a symbol of speed, luxury and wealth.

As of 2018, Ferrari is the world’s most powerful brand according to Brand Finance. In May 2012 the 1962 Ferrari 250 GTO became the most expensive car in history, selling for US$38.1 million at a Sotheby’s auction in New York City. In 2014 Ferrari was rated the world’s best-performing automotive brand by Brand Finance. In June 2018, Perseus S.A. (holds 10% of shares) agreed to buy own 4% stake from Piero Ferrari (Enzo’s son), thus taking the public float to just 10%.

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Models

Ferrari is an Italian luxury sports car manufacturer founded by Enzo Ferrari in 1939. The company produces a wide range of high-performance vehicles, including sports cars, GT cars, and formula one racing cars. As of 2020, Ferrari is one of the world’s most valuable automotive brands, with a net worth of $27 billion.

Ferrari’s product range includes the following models:
-Portofino: A 2+2 grand tourer introduced in 2017.
-GTC4Lusso: A shooting brake/sports wagon introduced in 2016.
-812 Superfast: A front-engined sports car introduced in 2017.
-SF90 Stradale: A plug-in hybrid sports car introduced in 2019.
-GTC4Lusso T: A rear-wheel drive variant of the GTC4Lusso introduced in 2018.

Net Worth

Ferrari is an Italian luxury sports car manufacturer with a net worth of $26 billion as of 2019.Ferrari was founded by Enzo Ferrari in 1939 out of Alfa Romeo’s race division as Auto Avio Costruzioni, based in Modena, Italy. The company built its first car in 1940.

Business

Italian luxury automaker Ferrari N.V. (NYSE: RACE) reported Q4 2019 earnings on Thursday, with net revenues of €3.4 billion ($3.7 billion), up 5% year-over-year, and net income of €146 million ($158 million), down 30% from the same period last year. Adjusted earnings before interest and taxes (EBIT) totaled €317 million ($343 million), down 8% from the fourth quarter of 2018.

For the full year, Ferrari’s net revenues reached a record €13.7 billion ($14.8 billion), up 2% from 2018, while net income came in at €689 million ($749 million), down 12% from the previous year. Adjusted EBIT totaled €1.27 billion ($1.38 billion), down 1%.

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Marketing

Ferrari is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari in 1939 out of Alfa Romeo’s race division as Auto Avio Costruzioni, the company built its first car in 1940. However, the company’s inception as an auto manufacturer is usually recognized in 1947, when the first Ferrari-badged car was completed.

In 2014, Ferrari was rated the world’s most powerful brand by Brand Finance. In June 2018, the 1964 250 GTO became the most expensive car in history, setting an all-time record selling price of $70 million.

Ferrari operates a theme park, Ferrari World, on Yas Island in Abu Dhabi.

Sponsorship

In order to maximize its revenue, Ferrari relies on sponsorship from companies such as Shell, Pirelli, and Philip Morris. These deals are estimated to be worth around $100 million per year. In addition to these deals, Ferrari also has a number of other revenue streams.

Racing

Ferrari is an Italian luxury sports car manufacturer founded by Enzo Ferrari in 1939. The company is headquartered in Maranello, Italy, and currently sells a range of sports cars and grand tourers. Ferrari’s current net worth is approximately $27 billion.

The company has a long history of racing, and has been involved in Formula One since 1950. Ferrari has won 16 Constructors’ Championships and 15 Drivers’ Championships, making it the most successful team in the history of the sport.

Ferrari’s road cars are highly sought-after, with models such as the 458 Italia and LaFerrari selling for millions of dollars. The company also has a significant merchandise business, selling everything from clothes to model cars.

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Environment

Ferrari is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari in 1939 out of Alfa Romeo racing division as Auto Avio Costruzioni, the company built its first car in 1940. However, the company’s inception as an auto manufacturer is usually recognized in 1947, when the first Ferrari-badged car was completed.

Ferrari net worth is estimated at $11 billion as of 2019. The company is known for its high performance vehicles and has been involved in motorsport since 1940. The company has competed in different series such as Formula One, Sportscar Championship and Constructors’ Challenge cup. Ferrari road cars are generally seen as a status symbol and an exclusive purchase.

Conclusion

As of 2019, Ferrari’s net worth is $27 billion.

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