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Latest News

Business of… Ferrari

Business of… Ferrari

As Ferrari World gets ready to open its doors (boasting nothing less than the world’s fastest rollercoaster), Kipp takes a closer look at the business of all things Ferrari.

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October 25, 2010 4:36 by



Unlike most luxury sectors, Ferrari has done surprisingly well since the onset of the economic meltdown. In a time when competitor’s sales have dropped dramatically, (up to 50 percent for some), Ferrari managed to achieve an operative margin of 13.8 percent of revenue. Chairman Luca di Montezemolo was awarded the 2010 Eurostar Superluxury Award by the specialist magazine Automotive News for his role in Ferrari’s financial success in a particularly tough year.



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2 Comments

  1. Elie on October 26, 2010 10:38 am

    being famous – is like a prison.
    Yet driving a Ferrari is far worse.

     
  2. Gopi Puri on May 28, 2011 1:12 am

    It is funny how many websites the internet has about this topic I dont know if Ill have to come back, but it is nice to know I found the one that has a lot of valuable information if this ever comes up for me again.

     

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