Ferrari Financial Struggle

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Sep 11, 2010 | 02:45 PM

#11

Mythic

Teamspeed Pro

Joined: Oct 2008

Posts: 3,083

From: Toronto/Nairobi

I read somewhere that Ferrari spends about 50% of their budget on F1 and the other half on making regular cars. so they do make a huge margin on the ferrari's that they sell, but it gets eaten up by F1 costs.

Sep 11, 2010 | 03:13 PM

#12

.:Raul

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Joined: Jan 2008

Posts: 6,031

From: Chicago, Il

Quote:

Originally Posted by subgraphic

Do they have anything like a factory certified used program? Seems like a quick way to generate some dough without huge development costs...

yes Ferrari has a CPO program

Sep 12, 2010 | 05:11 PM

#13

Clever Nickname

Teamspeed Member

Joined: May 2009

Posts: 213

From: At my house

Clever Nickname You are a Teamspeed member that Rocks and Rolls!

Ferrari will survive though, that's for sure...

Last edited by Clever Nickname; Sep 13, 2010 at 06:58 AM.

Sep 13, 2010 | 02:54 AM

#14

chapsbk

Thread Starter

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Joined: Jun 2010

Posts: 723

Quote:

Originally Posted by Clever Nickname

I've also noticed a severe drop in the work that I do for Ferrari in the past few months... Ferrari will survive though, that's for sure...

Thanks for the share. Yeah, my buddy is a Ferrari mechanic at The Wynn in Las Vegas, he says he sees more and more local Ferrari's he is working on, nothing really new to them.
But like you said, Ferrari will survive. When will they not? Lol.

Sep 13, 2010 | 12:39 PM

#15

cstroked

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Joined: Jun 2008

Posts: 4,846

If the economy does not turn which would include the requisite increase in consumer spending, Ferrari's situation will not get any better. No luxury mfg's will. Not saying Ferrari's going under, but they'll certainly have to be more prudent with their spending and operations.