Ferrari will issue its first fully electric model after 2025, with battery technology still requiring more development, Chief Executive Louis Camilleri said. Ferrari has previously said a fully electric vehicle would be launched after the current industrial plan ends in 2022. Camilleri said Ferrari was "certainly" studying a fully electric grand tourer car (GT), but that it would stick to hybrid vehicles for the "current foreseeable future".
Strong sales of Ferrari's Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook on Monday, with a new brand strategy promising even more growth. Ferrari's Milan-listed shares rose as much as 7.4% to an all-time high of 155.15 euros after it reported "solid" third quarter results and signalled a strong year ahead. The 'Cavallino Rampante', or 'Prancing Horse', launched a plan to enhance its brand through new apparel and accessory collections, ente
Welterweight boxing champion Errol Spence crashed a speeding Ferrari in Dallas early Thursday and was badly injured but is expected to survive, police said. The crash happened just before 3 a.m., when Spence's Ferrari crossed a median into oncoming traffic and flipped over several times, ejecting Spence, who wasn't wearing a seatbelt, police said. Spence was taken to a hospital and placed in the intensive care unit.
Lewis Hamilton coasted to a comfortable victory and led a Mercedes one-two finish at the Russian Grand Prix on Sunday to tighten his grip on a sixth World Championship. In a calamitous few laps for Ferrari, the Italian team threw away a possible one-two finish of its own after Sebastian Vettel broke down and Charles Leclerc dropped from first to third. Valtteri Bottas followed team-mate Hamilton home at the Sochi Autodrome as Mercedes secured the full quota of points.
Charles Leclerc clinched his fourth straight pole position and championship leader Lewis Hamilton was second in qualifying at Formula One's Russian Grand Prix on Saturday. Leclerc finished 0.402 seconds clear of Hamilton, with Leclerc's Ferrari teammate Sebastian Vettel third fastest at the Sochi Autodrome. Hamilton is bidding for his first win since the summer break and his Mercedes team is often the dominant force in Russia, having won all of the five races staged here.