NYSE:RACEAuto
Ferrari Balances First EV Launch And F1 Shake Up With Premium Valuation
Ferrari (NYSE:RACE) plans to unveil its first fully electric model, the Ferrari Luce, in May 2026.
The company is adjusting its Formula 1 engineering structure ahead of Lewis Hamilton joining the team, including a new race engineer arrangement and search for a permanent hire.
These moves highlight parallel shifts in Ferrari’s road-car and motorsport operations, with a focus on electrification and team reorganization.
Ferrari sits at the high end of the luxury performance car market, with...