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The latest announcement is out from Ferrari ( (IT:RACE) ).
On July 31, 2025, Ferrari N.V. announced the extension of Fred Vasseur’s contract as Team Principal of Scuderia Ferrari HP for multiple years. Vasseur, who joined in early 2023, has been instrumental in laying a foundation aimed at returning Ferrari to the top of Formula 1. The renewal underscores Ferrari’s commitment to building on this foundation and reflects confidence in Vasseur’s leadership and strategic direction. This decision is expected to strengthen the team’s focus on continuous improvement and performance, aligning with Ferrari’s long-term ambitions and the expectations of its stakeholders.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR575.00 price target. To see the full list of analyst forecasts on Ferrari stock, see the IT:RACE Stock Forecast page.
More about Ferrari
Ferrari N.V. is a leading company in the automotive industry, known for its luxury sports cars and participation in Formula 1 racing. The company focuses on high-performance vehicles and has a strong market presence in motorsports.
Average Trading Volume: 267,998
Technical Sentiment Signal: Strong Buy
Current Market Cap: €104B
See more insights into RACE stock on TipRanks’ Stock Analysis page.