tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ferrari Strengthens Partnership with Philip Morris

Story Highlights
Ferrari Strengthens Partnership with Philip Morris

TipRanks Cyber Monday Sale

Ferrari ( (IT:RACE) ) has shared an announcement.

On December 3, 2025, Ferrari N.V. announced the renewal and strengthening of its long-standing partnership with Philip Morris International. The new agreement, effective January 1, 2026, designates Philip Morris as a Premium Partner of Scuderia Ferrari HP and a Series Partner of the Ferrari Challenge Trofeo Pirelli, continuing a collaboration that has lasted over 50 years. This partnership is expected to bolster Ferrari’s positioning in motorsports and enhance its brand presence.

The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR563.00 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 renowned company in the automotive industry, primarily known for its luxury sports cars and participation in motorsports. The company focuses on high-performance vehicles and has a significant presence in the global luxury car market.

Average Trading Volume: 554,300

Technical Sentiment Signal: Hold

Current Market Cap: €79.32B

For a thorough assessment of RACE stock, go to 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