BIT:RACEAuto
How Investors May Respond To Ferrari (BIT:RACE) Downgrade Amid Rising F1 Costs And EV Investment
In recent days, HSBC downgraded Ferrari from Buy to Hold, citing higher Formula 1 research costs, currency headwinds and industry-wide pressures even as the company confirmed it maintained revenue growth and profitability in 2025 with flat shipments.
At the same time, Ferrari underlined its commitment to brand exclusivity and announced its first fully electric model for 2026, highlighting a focus on disciplined, long-term positioning rather than chasing volume or rapid electrification.
Now...