Ferrari chairman John Elkann has rejected concerns about an AI bubble, telling CNBC that a market correction will not derail the technology's long-term progress. He acknowledged risks stemming from a mismatch between soaring AI infrastructure investment and uncertainty over business revenues.
Investors interested in Automotive - Original Equipment stocks are likely familiar with OPENLANE (OPLN) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?
Philanthropist Herbert Wertheim paid a record price at auction for a Ferrari Luce sports car in the name of charity.
| Automobiles Industry | Consumer Discretionary Sector | Benedetto Vigna CEO | XHAN Exchange | NL0011585146 ISIN |
| IT Country | 5,743 Employees | 21 Apr 2026 Last Dividend | - Last Split | - IPO Date |
Ferrari N.V. is a globally recognized marque, known primarily for its engineering prowess in the luxury performance sports car segment. Since its inception in 1947, the company has expanded its offerings beyond just high-performance vehicles to include services and experiences that enhance the brand's luxury status. Headquartered in Maranello, Italy, Ferrari's operations encompass the design, engineering, production, and sale of an exclusive range of sports cars celebrated for their innovation, style, and speed. The company’s reach extends worldwide, catering to an elite clientele through a careful blend of tradition and technological advancement. Furthermore, Ferrari has broadened its scope to include financial services, licensing, and even hospitality, embodying the essence of Italian luxury and motorsport heritage in all its ventures.