Ferrari N.V.

BIT:RACE Stock Report

Market Cap: €56.7b

Ferrari Management

Management criteria checks 2/4

Ferrari's CEO is Benedetto Vigna, appointed in Sep 2021, has a tenure of 4.58 years. total yearly compensation is €10.90M, comprised of 16.4% salary and 83.6% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth €10.72M. The average tenure of the management team and the board of directors is 4.4 years and 10 years respectively.

Key information

Benedetto Vigna

Chief executive officer

€10.9m

Total compensation

CEO salary percentage16.44%
CEO tenure4.6yrs
CEO ownership0.02%
Management average tenure4.4yrs
Board average tenure10yrs

Recent management updates

Recent updates

Why The 27% Return On Capital At Ferrari (BIT:RACE) Should Have Your Attention

Dec 31
Why The 27% Return On Capital At Ferrari (BIT:RACE) Should Have Your Attention

Ferrari N.V. (BIT:RACE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Nov 07
Ferrari N.V. (BIT:RACE) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Does Ferrari (BIT:RACE) Deserve A Spot On Your Watchlist?

Aug 31
Does Ferrari (BIT:RACE) Deserve A Spot On Your Watchlist?

We Like Ferrari's (BIT:RACE) Returns And Here's How They're Trending

Aug 17
We Like Ferrari's (BIT:RACE) Returns And Here's How They're Trending

Ferrari N.V. (BIT:RACE) Just Released Its Half-Year Earnings: Here's What Analysts Think

Aug 03
Ferrari N.V. (BIT:RACE) Just Released Its Half-Year Earnings: Here's What Analysts Think

Does Ferrari (BIT:RACE) Have A Healthy Balance Sheet?

Jul 09
Does Ferrari (BIT:RACE) Have A Healthy Balance Sheet?

Some Shareholders Feeling Restless Over Ferrari N.V.'s (BIT:RACE) P/E Ratio

Jun 11
Some Shareholders Feeling Restless Over Ferrari N.V.'s (BIT:RACE) P/E Ratio

Is Now The Time To Put Ferrari (BIT:RACE) On Your Watchlist?

May 28
Is Now The Time To Put Ferrari (BIT:RACE) On Your Watchlist?

Ferrari N.V. (BIT:RACE) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

May 09
Ferrari N.V. (BIT:RACE) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
User avatar

New Electric Models And Flexible Production Will Boost Market Presence

Expanded production and personalization options are expected to boost revenue and increase flexibility.

CEO Compensation Analysis

How has Benedetto Vigna's remuneration changed compared to Ferrari's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025€11m€2m

€2b

Sep 30 2025n/an/a

€2b

Jun 30 2025n/an/a

€2b

Mar 31 2025n/an/a

€2b

Dec 31 2024€8m€2m

€2b

Sep 30 2024n/an/a

€1b

Jun 30 2024n/an/a

€1b

Mar 31 2024n/an/a

€1b

Dec 31 2023€7m€2m

€1b

Sep 30 2023n/an/a

€1b

Jun 30 2023n/an/a

€1b

Mar 31 2023n/an/a

€990m

Dec 31 2022€5m€2m

€933m

Sep 30 2022n/an/a

€927m

Jun 30 2022n/an/a

€907m

Mar 31 2022n/an/a

€864m

Dec 31 2021€6m€500k

€831m

Compensation vs Market: Benedetto's total compensation ($USD12.83M) is above average for companies of similar size in the Italian market ($USD4.26M).

Compensation vs Earnings: Benedetto's compensation has increased by more than 20% in the past year.


CEO

Benedetto Vigna (56 yo)

4.6yrs
Tenure
€10,900,115
Compensation

Mr. Benedetto Vigna serves as Chief Executive Officer and Executive Director at Ferrari N.V. since April 13, 2022 and also served as Acting Chief Executive Officer since September 16, 2021 until April 13,...


Leadership Team

NamePositionTenureCompensationOwnership
John Elkann
Executive Chairman10yrs€2.49m0.022%
€ 12.3m
Benedetto Vigna
CEO & Executive Director4.6yrs€10.90m0.019%
€ 10.7m
Nicoletta Russo
Head of Investor Relations10.8yrsno datano data
Carlo Daneo
General Counsel10.8yrsno datano data
Marco Lovati
Chief Internal Audit2.3yrsno datano data
Maria Conti
Chief Communication Officerless than a yearno datano data
Enrico Galliera
Chief Marketing & Commercial Officer16yrsno datano data
Flavio Manzoni
Chief Design Officer16.3yrsno datano data
Davide Abate
Chief Industrial Officerless than a yearno datano data
Gianmaria Fulgenzi
Chief Product Development Officer4.3yrsno datano data
Angelo Pesci
Chief Purchasing & Quality Officer4.3yrsno datano data
Maria Liuni
Chief Brand Officer3.6yrsno datano data
4.4yrs
Average Tenure
56yo
Average Age

Experienced Management: RACE's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Elkann
Executive Chairman10yrs€2.49m0.022%
€ 12.3m
Benedetto Vigna
CEO & Executive Director4.6yrs€10.90m0.019%
€ 10.7m
John Galantic
Independent Non-Executive Director6yrs€78.29k0.000060%
€ 34.0k
Piero Ferrari
Independent Vice Chairman10.3yrs€89.76k11.84%
€ 6.7b
Michelangelo Volpi
Independent Non Executive Director3yrs€65.24k0.0047%
€ 2.7m
Sergio Duca
Chairman of the Board & Senior Independent Non-Executive Director10.3yrs€110.82kno data
Delphine Gancia
Independent Non-Executive Director10yrs€69.59k0.0018%
€ 997.1k
Adam Phillip Charles Keswick
Independent Non-Executive Director10yrs€65.24k0.0017%
€ 940.4k
Maria Patrizia Grieco
Independent Non-Executive Director10yrs€73.94kno data
Eduardo Cue
Independent Non-Executive Director10.3yrs€73.94k0.0017%
€ 957.4k
Francesca Bellettini
Independent Non-Executive Director6yrs€73.94kno data
Tommaso Ghidini
Independent Non-Executive Director1yr€45.51kno data
10.0yrs
Average Tenure
57.5yo
Average Age

Experienced Board: RACE's board of directors are seasoned and experienced ( 10 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/19 03:45
End of Day Share Price 2026/04/17 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ferrari N.V. is covered by 40 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carmen NovelBanca Akros S.p.A. (ESN)
Davide ZappaBanca Akros S.p.A. (ESN)
Gianmarco BonacinaBanca Akros S.p.A. (ESN)