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 »
5y 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...
5y ago from GPFans.com
Verstappen never found rhythm during ‘very...
Red Bull’s Max Verstappen says he could never find a smooth rhythm amid...
5y ago from MotorsportWeek.com
Miami residents file lawsuit, claim racial...
A number of residents of Miami Gardens have taken issue with the...
5y ago from MotorsportWeek.com
Charles Leclerc’s Ferrari Accidentally Intercepted...
The Portuguese Grand Prix was a very strong weekend for Charles Leclerc,...
5y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Construction moving forward at Buenos Aires for...
No description available...
4h ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
9h ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
10h ago from MotorsportWeek.c...
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
6d ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
4d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
5d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
4d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Former Arsenal star explains what needs to happen for...
Former Arsenal star Tony Cascerino has weighed in on what should happen...
53m ago from SportsKeeda.com
'You just cannot put your hands on a referee' - Former...
Former PL referee Mark Halsey has criticized Arsenal star Gabriel...
23m ago from SportsKeeda.com
Sporting vs Arsenal Prediction and Betting Tips |...
Sporting will entertain Arsenal at the Estádio José Alvalade in the...
1h ago from SportsKeeda.com
Arteta’s ChatGPT Guardiola-ism is down but history...
quadruple dream may be dead but Arsenal are now just four games from...
1h ago from TheGuardian.com
Comments
Hottest News
Charles Leclerc 'hires private team' for Ferrari F1...
Ferrari F1 star Charles Leclerc has reportedly... Read More »
1h ago from GPFans.com
George Russell 'facade' called out as Mercedes war looms...
Mercedes F1 star George Russell has been warned... Read More »
23m ago from GPFans.com
Mercedes star reveals F1 rivals have been granted FIA...
Mercedes F1 star Kimi Antonelli has hinted that... Read More »
2h ago from GPFans.com
