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
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott McLaughlin: Arlington “instantly my most...
No description available...
4h ago from Motorsport.com
IndyCar drivers praise Fast Six qualifying format...
No description available...
6h ago from Motorsport.com
McLaughlin sets the early pace in IndyCar’s first...
The NTT IndyCar Series took to the track on a brand new street course...
5h ago from MotorsportWeek.c...
Pato O'Ward on the 'red flag' that has prevented an...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
WRC Safari Rally Kenya: Why 'you would be faster with...
No description available...
9h ago from Motorsport.com
Solberg clings on to Safari Rally lead as Ogier hunts...
Oliver Solberg started Friday with a 33.3 second lead over Elfyn Evans...
10h ago from MotorsportWeek.c...
WRC Safari Rally Kenya: Oliver Solberg hangs on to...
No description available...
11h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal preparing ‘formal offer' for 48-goal...
Arsenal are very interested in signing Leon Goretzka at the end of the...
6h ago from CaughtOffside.com
Arsenal & Chelsea in 'very serious' talks to sign...
Atletico Madrid striker Julian Alvarez has been linked with a move away...
7h ago from CaughtOffside.com
Fabian Hurzeler reveals text message he sent Arteta...
Brighton & Hove Albion manager Fabian Hurzeler has revealed that he texted...
4h ago from SportsKeeda.com
Report: London outfit have a deal in place with...
Arsenal midfielder Dan Casey is all set to complete a move to Fulham....
6h ago from CaughtOffside.com
Comments
Hottest News
Why is Martin Brundle absent from Chinese Grand Prix?
F1 legend Martin Brundle is absent from the... Read More »
59m ago from GPFans.com
F1 pit lane start of season triggered by late change
Alex Albon will become the first driver to start... Read More »
1h ago from RacingNews365.com
LIVE: 2026 F1 Chinese Grand Prix Sprint — Can Mercedes...
Follow all the live action from the sprint race... Read More »
1h ago from RacingNews365.com
