|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.
|AUDI: GROWTH ALSO IN MOTORSPORT◾Audi Sport's activities will feature even greater diversity in 2015|
◾Le Mans prototypes and DTM as top-level commitments
◾New race car for GT racing and racing series for rookies
Ingolstadt/Neckarsulm, December 17, 2014 – AUDI AG is proud of another year of record sales. In motorsport, the brand with the four rings is poised for growth as well. The world of Audi Sport which, in addition to the motorsport commitments in factory-backed and customer sport, includes the RS models, the A....
|AUDI CELEBRATES ITS SUCCESSFUL RACERS◾More than 500 guests at Audi Sport Finale 2014 in Neckarsulm|
◾Le Mans victory, DTM titles and numerous successes in GT racing
◾Audi R18 e-tron quattro for Le Mans legend Tom Kristensen
Ingolstadt/Neckarsulm, December 18, 2014 – At the Audi Forum Neckarsulm, with more than 500 guests in attendance, Audi celebrated the Audi Sport Finale 2014, the Audi motorsport squad's traditional close of the season. The evening was centered on the success achieved in the 2014 season and bid an emot....
|IMSA BECOMES MEMBER SANCTIONING BODY OF SFI FOUNDATION• Membership Allows IMSA To Benefit From SFI's Equipment Safety Standards |
DAYTONA BEACH, Fla. (Dec. 18, 2014) – The International Motor Sports Association (IMSA) has formalized a membership agreement with the SFI Foundation, Inc. (SFI) in which IMSA will adopt certain SFI Quality Assurance Specifications to enhance safety at IMSA events.
SFI is a non-profit organization established to issue and administer standards for the quality assurance of specialty performa....
|SUCCESSFUL SEASON FOR AUDI SPORT CUSTOMER RACING◾Three championship wins and twelve other titles for Audi teams|
◾Endurance racing success in Germany, Belgium and the USA
◾Driver variety ranges from gentleman drivers to top-flight pros
Ingolstadt, December 15, 2014 – The Audi R8 LMS ultra has never before been as successful as in the past racing season. The teams of Audi Sport customer racing won a total of 15 titles in Australia, Asia and Europe. Three major endurance racing victories complete the track record of the successful mo....
|McLAREN GT SIGNS OFF THE 650S GT3 DEVELOPMENT PROGRAMME WITH A PODIUM FINISH AT 2014 GULF 12 HOURThe 650S GT3 secured a hard-fought podium finish at the 2014 Gulf 12 Hour endurance race at Yas Marina Circuit over the weekend, signing off a successful and competitive year for McLaren GT. The works factory-run effort entered two cars as part of the final stages of the intensive development programme for the 650S GT3, bringing both cars home after a gruelling 12 hours of hard racing, finishing 3rd and 12th overall. This first competitive outing underlines the performance and reliability of th....|
|SIR CHRIS HOY ACCELERATES ALONG THE ROAD TO LE MANS WITH NISSAN◾Olympic legend and Nissan brand ambassador will be tested on track at Le Mans in 2015|
◾Hoy will compete in a Le Mans style prototype racing car in the prestigious 2015 European Le Mans Series
◾Unique two-way relationship will see Sir Chris help Nissan #UniteAndExcite fans behind Rio 2016 athletes
ROLLE, Switzerland – Sir Chris Hoy will step up a gear on his journey to the Le Mans 24 Hours with Nissan next year. After a strong debut season in the British GT Championship, Britain's m....
|THE McLAREN 650S GT3 CLAIMS POLE POSITION FOR THE 2014 GULF 12 HOUR ON ITS DEBUT OUTINGMcLaren GT works drivers Rob Bell (GB), Kevin Estre (FR) and Alvaro Parente (PT) will start on pole position for the 2014 Gulf 12 Hour, after the trio drove the 650S GT3 on its competitive debut outing at the Yas Marina Circuit this afternoon. The team's second entry will start P10 in the Pro-Am class. The 12 hour endurance race is the final development stage for the 650S GT3 before it enters competition with McLaren GT customer teams next season.|
The team worked tirelessly to prepare the two....
|IMSA RELEASES 2015 SPORTING REGULATIONS, TECHNICAL REGULATIONS TO COMPETITORSDAYTONA BEACH, Fla. (Dec. 11, 2014) – The International Motor Sports Association (IMSA) today delivered its 2015 sporting regulations and technical regulations to teams entered to participate in the TUDOR United SportsCar Championship in 2015 in advance of the annual Roar Before the Rolex 24 three-day test at Daytona International Speedway on Jan. 9-11.|
'We requested and received feedback from the TUDOR Championship paddock and the overwhelming desire was to establish consistency as we....