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 »
3y 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...
3y ago from GPFans.com
Verstappen never found rhythm during ‘very...
Red Bull’s Max Verstappen says he could never find a smooth rhythm amid...
3y ago from MotorsportWeek.com
Miami residents file lawsuit, claim racial...
A number of residents of Miami Gardens have taken issue with the...
3y ago from MotorsportWeek.com
Charles Leclerc’s Ferrari Accidentally Intercepted...
The Portuguese Grand Prix was a very strong weekend for Charles Leclerc,...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Yamaha: Rivals' choice, 2027 MotoGP rules led to V4...
No description available...
9h ago from Motorsport.com
MotoGP riders criticise “disrespectful” booing of...
No description available...
10h ago from Motorsport.com
Miller joins Pramac Yamaha to complete 2025 MotoGP grid
No description available...
14h ago from Motorsport.com
Bagnaia wants to be a Ducati life-longer but...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
2022 F2 champ Drugovich testing with Ganassi later...
No description available...
9h ago from Motorsport.com
Rahal Letterman Lanigan investigated by the FBI: What...
No description available...
10h ago from Motorsport.com
Marcus Armstrong signs with Meyer Shank Racing for...
No description available...
12h ago from Motorsport.com
Popular On TotalWRC.com
WRC selects women’s driver development programme...
No description available...
1d ago from Motorsport.com
No pressure on Pajari after surprise Toyota Rally1...
No description available...
3d ago from Motorsport.com
Latvala: Toyota needs three full-time WRC drivers in...
No description available...
1w ago from Motorsport.com
Pajari to replace Katsuta in Chile as Toyota hands...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Atalanta 0-0 Arsenal: Gunners' Player Ratings as David...
No description available...
4h ago from SportsKeeda.com
“Leave the football before the football leaves...
No description available...
3h ago from SportsKeeda.com
“That is what I’m missing right now” - Arsenal...
No description available...
3h ago from SportsKeeda.com
'Inter Milan showed that you can hurt City' - Chris...
No description available...
7h ago from SportsKeeda.com
Comments
Hottest News
Ricciardo to be 'REPLACED' after Singapore GP with official...
Daniel Ricciardo looks set to lose his Formula 1... Read More »
6h ago from GPFans.com
TECHNICAL SAGA: McLaren on the edge with front and rear...
On the back of their latest victory at Baku,... Read More »
1h ago from F1Technical.net
Newey GROUNDED by Red Bull following Aston Martin signing
Red Bull's chief technical officer Adrian Newey... Read More »
9h ago from GPFans.com
