Ferrari N.V. (NYSE: RACE) is a symbol of luxury, performance, and automotive engineering excellence. The iconic Italian brand, known for its high-performance sports cars, has built an unparalleled reputation over the years, making it one of the most desirable and recognizable names in the automotive world. As a publicly traded company, Ferrari’s stock (RACE) has become an attractive investment for those looking for exposure to the luxury goods and high-end automotive sectors. With its rich heritage, global presence, and continued innovation, Ferrari remains one of the most successful and revered car manufacturers in history.

Overview of Ferrari

Ferrari was founded in 1939 by Enzo Ferrari in Modena, Italy, originally as Auto Avio Costruzioni. The company’s first car, the 125 S, debuted in 1947, and from there, Ferrari quickly became synonymous with speed, luxury, and superior engineering. Over the decades, Ferrari has established itself as a leader in the automotive industry, particularly in the sports car segment. Its cars are known for their precision craftsmanship, high performance, and exclusivity, with models like the Ferrari 488, the LaFerrari, and the Ferrari Roma capturing the attention of car enthusiasts around the world.

Ferrari is also well-known for its success in motorsport, particularly Formula 1, where its racing team, Scuderia Ferrari, is one of the most successful and storied teams in the history of the sport. Ferrari’s involvement in Formula 1 has played a significant role in shaping its brand image, emphasizing both performance and innovation.

In addition to manufacturing sports cars, Ferrari has extended its brand into lifestyle and luxury products, such as apparel, accessories, and even theme parks, further cementing its place in the luxury goods market shutdown123