|FERRARI ANNOUNCES RECORD RESULTS FOR FIRST NINE MONTHS OF 2012|
| • Revenues of 1,764 million euro (+10 %)|
• 5,267 road cars delivered (+6%)
• Trading profits of 232.8 million euro (+9.6%)
• Net profits 152.4 million euro (+7.6%)
• Best-ever industrial net cash: 959 million
• Excellent sales in US (+16%), UK (+37%), Germany(+9%) and Japan (+20%)
• Eddy Cue of Apple joins board
Maranello, 7th November 2012 – The Ferrari board of directors met today under the chairmanship of Luca di Montezemolo to examine the company's financial results for the first nine months of 2012. As of September 30th, Ferrari has recorded unprecedented revenues of 1,764 million euro (+10 per cent) and numbers of cars delivered to the dealership network 5,267 (+6 per cent). Trading profits increased by 9.6 per cent to 232.8 million euro, while net profits grew 7.6 per cent to 152.4 million. The company's industrial net cash position reached almost 1 billion euro - an all-time record figure of 959 million euro - despite continuing commitment to maintaining an extremely high level of investment in product development. Ferrari also chalked up a net cash flow of 251 million euro in the first nine months of the year. The product mix was excellent with 12-cylinder model sales up 22 per cent thanks to the success of the FF and the 8-cylinder models, particularly the Ferrari California 30 and the 458 Spider. The racing GT2 and GT3 versions of the 458 Italia took the titles in their respective categories last weekend in the GT Open Championship after having already won the FIA World Endurance Championship beating competition from the world's leading manufacturers. The USA confirmed its position as Ferrari's largest market internationally with 26 per cent of total sales after delivery of 1,354 cars with a growth of 16 per cent. The UK market saw record sales of 504 cars, a leap of 37 per cent, while Germany saw continued growth (+9 per cent) with 534 cars delivered, consolidating its position as the largest European market. In the Far East, the positive trend in Greater China continued (+7 per cent) with 566 cars delivered, while Japan saw deliveries of 214 cars, an increase of 20 per cent. Results from the Middle East were in line with the excellent figures obtained in 2011, with 274 cars delivered. Sales in Italy, as in the previous two quarters, were down with 238 cars delivered in the first nine months of 2012 (-49 per cent). 'These results confirm Ferrari's excellent performance in practically all of the 60 nations in which it is present despite the continuing economic climate. Once again the exception is Italy where we have witnessed a drop partly due to the economic crisis, but also to a hostile environment for luxury goods which have long been, and continue to be, an important resource for the country,' said Luca di Montezemolo who then announced the addition of a new Ferrari board member. 'I am delighted that Eddy Cue, one of the main driving forces behind Apple's range of revolutionary products, has now joined our board. His huge experience in the dynamic, innovative world of the Internet will be of great assistance to us.' Eddie Cue is Apple's Senior Vice President Internet Software and Services and oversees Apple's industry-leading content stores including the iTunes Store, the revolutionary App Store and the iBookstore, as well as Siri, Maps, iAd and Apple's innovative iCloud services. He is a 23-year Apple veteran and played a major role in creating the Apple online store in 1998, the iTunes Music Store in 2003 and the App Store in 2008. He earned a bachelor's degree in Computer Science and Economics at Duke University. 'I am pleased and proud to become a member of the board. I have personally dreamed of owning a Ferrari since I was 8 years old and have been lucky to be an owner for the past 5 years. I continue to be awed by the world-class design and engineering that only Ferrari can do,' said Eddie Cue, commenting on his nomination to the board. Ferrari's Brand-related activities (licensing retail and e-commerce) continue to grow. Revenues from the online store are up 32 per cent while those generated by licenses were up 20 per cent, with Puma proving particularly robust. Ferrari also recently signed an agreement with Mondo TV for the production and distribution of The Drakers, an original animated series for young viewers that is inspired by the world of Ferrari. Visits to Ferrari.com were also up by 20 per cent, while Facebook has almost 10 millions fans and views on the Ferrari YouTube channel have exceeded 20 million.
|POLE POSITION FOR AUDI DRIVER LAURENS VANTHOOR IN HOME ROUND AT SPA◾Belgian Audi Club Team WRT in position one|
◾Three Audi R8 LMS ultra cars in the top five spots on the grid
◾Sixth row for the Le Mans winners
Ingolstadt/Spa, July 25, 2014 – The Belgian Audi Club Team WRT has achieved a perfect starting base for the Spa 24 Hours. The #1 Audi R8 LMS ultra will be starting the race from position one on the grid on the 90th anniversary of the endurance event. In the super pole qualifying session for the top 20 participants, the Belgian team, with the B....
|THIRD AUDI VICTORY IN SPA 24 HOURS◾Belgian Audi Club Team WRT wins with Rast/Vanthoor/Winkelhock|
◾Third 24-hour race success by Audi within six weeks
◾Laurens Vanthoor new leader of the Blancpain Endurance Series standings
Ingolstadt/Spa, July 27, 2014 – Audi has won the world's toughest GT3 race at Spa. In the battle of eleven marques and 60 participants, the R8 LMS ultra prevailed for the third time in four years in the classic race in the Ardennes that celebrated its 90th anniversary this year. The Belgian Audi Cl....
|CONTINENTAL GT3 PROVES ITSELF AS 24-HOUR RACER• Both Continental GT3 cars finish the Total 24 Hours of Spa in top 20|
• Reliability and pace both confirmed on 24-hour debut
• Both cars suffer bad luck in the opening hours
• 24-hour race disrupted by safety cars and red flag
• Both Bentleys battle back to commendable finishes in P13 and P17, equating to P9 and P11 in the PRO class
(Spa, 27th July 2014) Bentley's Continental GT3 racer proves itself as the next generation of Bentley endurance machine with a strong finish for both ....
|M-SPORT BENTLEY CHARGES THROUGH THE ORDER AT SPAAfter difficult start, both Continental GT3 make great progress|
• At the half way point, Car #7 sits in P15 and Car #8 in P29
• Drivers report cars are running well in the cool night air
(Spa, 27th July 2014) As the Total 24 Hours of Spa reaches the half-way point, 12 hours in to the race, the two Continental G3 racecars of M-Sport Bentley sit P15 and P26 after continuing to recover well from an unfortunate start. More importantly, Car #7 sits P9 in class, meaning that the car scores....
|CHALLENGING FIRST SIX HOURS FOR M-SPORT BENTLEY AT SPABoth Continental GT3 cars suffer bad luck in the opening hours|
• 24-hour race continually disrupted by safety cars
• Both Bentleys battle back steadily as double-stints begin
• Race red-flagged after five hours, resumes after an hour
(Spa, 26th July 2014) With the first six hours of the Total 24 Hours of Spa complete, the two Continental GT3s of M-Sport Bentley sit in P36 and P44 respectively. With an unusually high number of incidents, 30 of the first 90 laps were spent behind the ....
|ASTON MARTIN CONFIRMS BESPOKE SUPER SALOON: THE FINEST OF FAST CARS◾Exclusive super saloon sees return of evocative Lagonda nameplate|
◾Innovative special project champions exclusivity
◾Strictly limited series production from early 2015
25 July 2014, Gaydon: Aston Martin is today confirming a bespoke product programme for a new super saloon that will see the revival of the historic Lagonda nameplate in a strictly limited series.
As has traditionally been the case, the Lagonda badge will once again sit proudly on a luxurious and exclusive super s....
|PORSCHE MOTORSPORTS PRE-EVENT NOTES. BRICKYARD GRAND PRIX. INDIANAPOLIS MOTOR SPEEDWAYDateline. Indianapolis, Indiana|
Circuit. Indianapolis Motor Speedway
Track Length/Turns. 2.439-mile, 14-turn Road Course
Round. TUDOR United SportsCar Championship. Round 7 of 12
Next Round. TUDOR Championship. Continental Tire Road Race Showcase, Road America, Elkhart Lake, Wisconsin, August 8-10
TUDOR United SportsCar Championship
Date. Friday, July 25, 5:45 p.m. ET/ 2:45 p.m. PT
Race Duration. Two-Hours, 45-minutes
Classes. GT Le Mans (Por....
|FIVE ASTON MARTINS TAKE ON SPA 24 HOURSGaydon, 22 July 2014 - Five Aston Martin V12 Vantage GT3s will contest Spa 24 Hours, the fourth round of the Blancpain GT Series, this weekend (26-27 July) and all are supported by Aston Martin Racing works drivers and talented young up-coming drivers under the team's watch.|
In the Pro class, the Oman Racing Team V12 Vantage GT3, run by Motorbase, will be driven by Ahmad Al Harthy (OM), Michael Caine (GB) and Stephen Jelley (GB). The trio is contesting the full Blancpain GT Series this....