Ferrari has Formula One in its DNA, CEO says after Cadillac supply deal
1 week, 6 days ago

Ferrari has Formula One in its DNA, CEO says after Cadillac supply deal

Hindustan Times  

NEW YORK, - HT Image Ferrari Chief Executive Benedetto Vigna said the luxury sportscar maker was "very proud" of a deal to supply engines and gearboxes to a new Cadillac Formula One team in a multi-year agreement from 2026 the company announced earlier on Tuesday. Also, we have a sense of responsibility because the success of these other teams, it also depends on our engine," Vigna said at the Reuters NEXT conference in New York. Vigna, a former tech executive who took over as Ferrari CEO in 2021, reiterated on Tuesday the company would present its first fully-electric car in the fourth quarter of next year. Ferrari last year started accepting payments for its luxury cars in crypto-currencies, but Vigna said the company was not investing in them.

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History of this topic

F1: Ferrari to supply Cadillac team with engines in 2026
1 week, 6 days ago

F1: Ferrari to supply Cadillac team with engines in 2026

The Hindu  

Ferrari will supply engines and gearboxes to a new Cadillac Formula One team in a multi-year agreement from 2026, subject to final approval of the entry, the Italian manufacturer said on Tuesday. A supply will become available due to Sauber becoming the Audi factory team in what will be the start of a new engine era for the sport. Ferrari …

After US, Ferrari to start accepting crypto currency in Europe
4 months, 4 weeks ago

After US, Ferrari to start accepting crypto currency in Europe

Firstpost  

“The entry into the European market follows the successful launch of this alternative payment system in the United States less than a year ago, to support dealers in better addressing the evolving needs of its clients,” the company said in a statement Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in …

Ferrari unveils new organisation and top team to face electrification challenge
2 years, 11 months ago

Ferrari unveils new organisation and top team to face electrification challenge

The Hindu  

Ferrari's new chief executive on Monday unveiled a new organisation and leadership changes aimed at sharpening its technology focus and product exclusivity as the luxury sports car maker embraces electrification. As part of the overhaul, the company appointed Gianmaria Fulgenzi - at Ferrari since 2002 and recently head of supply chain at its racing division - as chief product development …

Ferrari signs deal with tech firm Velas to create digital products for fans
2 years, 11 months ago

Ferrari signs deal with tech firm Velas to create digital products for fans

The Hindu  

Ferrari has signed a multi-year accord with Swiss technology firm Velas Network to create digital content for its fans, the luxury sports car maker said on Monday. From next season, Velas, a provider of digital products and services, will become a partner of Ferrari's Formula 1 racing team. "In addition, Velas will be Title Sponsor of the Ferrari Esports Series, …

Italian carmaker Ferrari names microchip expert as CEO
3 years, 6 months ago

Italian carmaker Ferrari names microchip expert as CEO

The Hindu  

Ferrari has turned to technology industry leader Benedetto Vigna to navigate the luxury sports car maker known for its roaring, high-octane engines through a new era of silent, electric power trains. Chairman John Elkann, the scion of Agnelli family which controls Ferrari through its investment firm Exor,said in a statement that the company was delighted to welcome a technology industry …

Ferrari turns to a chip guy as CEO amid industry pivot
3 years, 6 months ago

Ferrari turns to a chip guy as CEO amid industry pivot

Live Mint  

Ferrari NV has hired a top executive from the semiconductor industry as its new CEO, as the car industry focuses on microchips and digital technologies that increasingly control everything from the brakes to entertainment systems. In announcing the appointment, Mr. Elkann cited Mr. Vigna’s “deep understanding of the technologies driving much of the change in our industry." Mr. Vigna follows …

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