Company Information

Ferrari S.p.A.

NYSE:RACE

Ferrari S.p.A. (/fəˈrɑːri/; Italian: [ferˈraːri]) is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded in 1939 by Enzo Ferrari (1898–1988), the company built its first car in 1940, adopted its current name in 1945, and began to produce its current line of road cars in 1947. Ferrari became a public company in 1960, and from 1963 to 2014 it was a subsidiary of Fiat S.p.A. It was spun off from Fiat's successor entity, Fiat Chrysler Automobiles, in 2016.

Daily Percentage: 1.5%
Contract Duration: 60 Days
Profit withdrawal: Every 30 days
Risk Rate: Low to Mid Risk stocks value