The period is, so to speak, not really prosperous at FerrariThe Italian company recorded better-than-expected results in 2025, which prompted it to raise its targets for the current financial year, but paradoxically, the Prancing Horse’s medium-term vision was deemed disappointing, aiming for net revenues of around 9 billion euros in 2030 (compared to 7,1 this year).
The result was immediate: the stock plummeted on the New York Stock Exchange, losing 15 points in one day, a sad record since 2015. The share price drop, driven by revenues that are currently lower than expected in the 2022 forecast, comes on the day Ferrari presents its first electric car, which will be available next year.
“People were expecting higher turnover, that’s clear,” assumes Benedetto Vigna, the general director of Ferrari. “But it’s important to keep our commitments. We can’t promise what we can’t deliver. I think the market has understood that. People see the opportunities, but we have to be careful how we exploit them.”
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Victory, nothing but victory
Alongside the road car section, the Italian leaders also took advantage of this “investor day” to discuss the future of their sports program. While the question of commitment to Formula 1 does not arise, Benedetto Vigna reaffirmed his great ambitions.
“Last time we were committed to winning the race,” explains the Italian”We’ve been successful with the 499P in endurance racing, but in Formula 1 we have to improve. We have to win. We owe it to our loyal fans around the world.”
“Ferrari is unique and is based on three dimensions: tradition, technology and racing,” continues John Elkann, the president of Ferrari. “The perfect combination of these three elements defines Ferrari. Racing, a story that began almost a hundred years ago, defines who we are. It’s a personal matter. My commitment is that of a chairman, a majority shareholder, and a lifelong enthusiast. I am committed to ensuring that every decision reinforces the uniqueness of Ferrari. I am committed to our employees, our drivers, and our fans, eager to see us win in F1 as we win in endurance racing. And it is with pride that we brought home the Le Mans trophy after three consecutive victories.”
With the withdrawal of Porsche, the question of the future of manufacturers in WEC will logically arise, but Ferrari, on the verge of winning the title against the Germans, does not seem to be leaving. At least, not yet…