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 »
4y 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...
4y ago from GPFans.com
Verstappen never found rhythm during ‘very...
Red Bull’s Max Verstappen says he could never find a smooth rhythm amid...
4y ago from MotorsportWeek.com
Miami residents file lawsuit, claim racial...
A number of residents of Miami Gardens have taken issue with the...
4y ago from MotorsportWeek.com
Charles Leclerc’s Ferrari Accidentally Intercepted...
The Portuguese Grand Prix was a very strong weekend for Charles Leclerc,...
4y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
How 2025 became Marc Marquez’s most dominant MotoGP...
No description available...
15h ago from Motorsport.com
Unpacking the art of value betting in MotoGP
Value betting in MotoGP is a strategic blend of data analysis,...
1d ago from MotorsportWeek.c...
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
3d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1w ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou will not play it safe in Portland to secure...
No description available...
11h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
2d ago from MotorsportWeek.c...
Colton Herta praises IndyCar's delayed cautions;...
No description available...
1d ago from Motorsport.com
The winners and losers from IndyCar’s Grand Prix of...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
4d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal still pushing to sign £60m Premier...
After sealing high-profile deals for Noni Madueke, Martin Zubimendi and...
8h ago from FreshArsenal.com
Report: Forward ‘increasingly likely' to leave...
Arsenal could be set for a significant shake-up in attack this summer....
9h ago from FreshArsenal.com
Report: Premier League club line up move for...
Arsenal have made lots of signings so far this summer, but before they...
12h ago from FreshArsenal.com
Arsenal latest: 'Dortmund monitoring Trossard'
No description available...
11h ago from SkySports.com
Comments
Hottest News
Wolff compares a potential Russell-Verstappen line-up to...
Amid persistent talks about reigning champion Max... Read More »
2h ago from F1Technical.net
Lewis Hamilton reveals new Ferrari engineer as Laurent...
Check out the biggest stories from Tuesday, July... Read More »
8h ago from RacingNews365.com
Rosberg’s wild Hamilton 'nutcase' tale steals spotlight...
While storm clouds loomed over Spa-Francorchamps... Read More »
14h ago from F1i.com
