Apparently, Ferrari's woes aren't just on the track this autumn. With the Scuderia's troubles monopolizing the attention of the Tifosi and the team's stakeholders, a summit meeting seemed to come at the right time when John Elkann and Benedetto Vigna were due to meet in Maranello during the week. Although this meeting had been scheduled in advance, the repeated failures of the historic stable of Formula 1 was naturally one of the major topics discussed by the two leaders.
Only, besides the fact that Lewis Hamilton, Charles Leclerc, or Frédéric Vasseur must absorb criticism while focusing on developing the 2026 season's version, the Italian firm is not in the most comfortable situation it has ever experienced. Despite profits, the falling share price reveals a form of nervousness around Maranello.
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What is Ferrari's situation?
Ferrari, which is performing particularly well compared to the rest of the global automotive market, can boast of setting high medium- and long-term targets. For example, the company recently announced a 30% operating margin for its 2030 goals. This is an exception in this struggling world.
That said, while Ferrari's share price had already fallen by 9% in the second quarter of 2025, it fell again by 14% on Thursday alone. Far from the 10% increase observed when Lewis Hamilton announced his arrival at the Maranello team at the start of 2024, a year before his actual transfer, the situation could notably be put into perspective with that of Porsche, all things considered, in view of an uncertain future and less solid confidence in the future of the market. On the other hand, Porsche, having recently announced its departure from the WEC for example, must deal with a financial situation radically opposed to that of the Italians.
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In this case, this drastic drop coincides with the official announcement of the first all-electric Ferrari model, also presented this Thursday. While investors financially involved with Ferrari have judged the brand's medium-term prospects to be too cautious, the question arises as to the decisions induced given the financial health paradoxically prone to runaway. In the corridors of Maranello, priority cases are definitely becoming more and more numerous this October.
Yves-Henri RANDIER
10/10/2025 at 04:00 a.m.
Black stone for the stock price, but white with the confirmation of the arrival in 2026 of the first battery-powered car (or the first coffee grinder, please delete the unnecessary mention) signed Ferrari and soberly named Elettrica 🤮. Even if Ferrari puts the sales volume of the Elettrica into perspective, this does not make investors dream when they also note the financial troubles of Porsche with its electric vehicles and in particular all the provisions to be made following the residual values of Taycan very largely overvalued on LOA and LLD!! Ferrari will perhaps have to make savings or find new revenues like selling powertrains to save Maserati from bankruptcy. As for breaking the contract signed with Sir Lewis, it is certainly not worth counting on in view of the penalties to be paid by the Scuderia, we can trust the British lawyers!
Alain Féguenne (Luxembourg)
10/10/2025 at 02:20 a.m.
Sorry …… I'm not a financial specialist ….. but - 15% …… of Ferrari shares ……. that's huge …… heads will ….. roll at Ferrari …… it's obvious ……. ‼️. We'll see ….. in the hours, or at worst …… Monday !!!! 😎👀‼️👀👎