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Ferrari CEO Benedetto Vigna offers F1 update as the latest financial report is out


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After years of bad luck, it is now time for Ferrari to step back into the limelight. The Italian team is not only doing well on the F1 tracks, but is also strengthening its empire off the track. Benedetto Vigna announced that the brand has seen exceptional growth lately, a billion euros to put it in numbers. Vigna also spoke about the impact of this record on Ferrari’s F1 team.

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In a recent call with analysts, Vigna, who recently assumed the position of CEO of the company, shared some important news. Ferrari is talking about growth for the coming year in 2022 with a net amount of 1.05 billion euros in its pocket; a result of a rising market position.

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Vigna discussed his plans to put the jumping horses on the electric route. “I believe that Ferrari will once again distinguish itself through its creativity and its ability to apply and interpret the wide range of technologies of the future …”

In a spirit of innovation, the CEO announced that the first all-electric Ferrari will hit the market in 2025. In addition, a new “iconic” model will hit the streets in November; to present the machine to the world at the Ferrari Finali Mondiali in Mugello.

What does this mean for Ferrari F1?

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Ferrari’s innovation in Formula 1 was just as great. Reports from Maranello about the 2022 car have been nothing but positive. In addition, the Prancing Horses have a good chance of snatching P3 from their rival McLaren. Ferrari is now going to Mexico, a route that favors its layout.

Formula 1 F1 – Russian Grand Prix – Sochi Autodrom, Sochi, Russia – September 24, 2021 Ferrari’s Charles Leclerc in action during training REUTERS / Anton Vaganov

The company’s success also means success for its F1 space. Vigna is also looking forward to the rest of the season and is sure that the red cars will come out successfully. “In F1, even in the last few races, we’ve seen some positive signs of progress. Racing on the racetrack has always been deep in the DNA of Ferrari history. This is how it is today and how it will be in the future. “

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Ferrari’s main goal in Formula 1 is the P3 position on the board. The big two of the sport are back and the gap between them is closing. Will Ferrari’s C2 duo and the upgraded cars trample their papaya rivals?

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The post Ferrari CEO Benedetto Vigna offers F1 update as the latest financial report is out first appeared on monter-une-startup.