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
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
18h ago from Motorsport.com
Former F1 team principal Guenther Steiner set to take...
Former Haas Formula 1 team principal Guenther Steiner is finalising a...
15h ago from MotorsportWeek.c...
Why Alex Marquez isn't worried he’s tumbling out of...
No description available...
1d ago from Motorsport.com
‘At Balaton, MotoGP bikes might not even use fifth...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
2d ago from Motorsport.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
2d ago from MotorsportWeek.c...
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
3d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
World Rally Champion claims “all hopes are lost”...
No description available...
7h ago from Motorsport.com
Kalle Rovanperä leads five-driver Toyota lockout in...
Wet weather greeted the competitors on Saturday morning as the longest...
9h ago from MotorsportWeek.c...
WRC Rally Finland: Toyota locks out top five after...
No description available...
10h ago from Motorsport.com
Clash with WRC scrutineer earns Ott Tanak 5-min...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
'He could play tomorrow if the Premier League started'...
Journalist Graeme Bailey has claimed that Arsenal coaches and the Gunners'...
13h ago from SportsKeeda.com
Mikel Arteta has already been fine-tuning new tactics...
Arsenal manager Mikel Arteta has reportedly already begun adjusting his...
14h ago from CaughtOffside.com
The new Arsenal figure who's made a big impression on...
Arsenal's new coach Gabriel Heinze has reportedly made quite an impression...
15h ago from CaughtOffside.com
Report: Tottenham intensify contacts to sign 90m-rated...
Tottenham Hotspur are hoping to sign Rodrygo Goes from Real Madrid during...
15h ago from CaughtOffside.com
Comments
Hottest News
Hungarian Grand Prix - Qualifying results
Full results from qualifying for the Hungarian... Read More »
11h ago from F1i.com
Alonso reveals reason for Aston Martin qualifying surge in...
Aston Martin showcased a remarkable performance... Read More »
8h ago from F1i.com
Leclerc brands his Hungaroring pole as 'the most surprising...
Having secured the first starting positon for the... Read More »
1h ago from F1Technical.net
