tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ferrari Extends Fred Vasseur’s Contract as Team Principal

Story Highlights
Ferrari Extends Fred Vasseur’s Contract as Team Principal

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1