Do we like Ferrari?
Makes luxury sports cars and runs the Scuderia Ferrari F1 team; based in Maranello, Italy.
Our score: 6 out of 10. A well-run, workforce-friendly maker of toys for the rich. We found no big scandals, but we couldn't check its environmental or tax record, so we'd back it with some caution.
Ferrari is the Maranello carmaker built around founder Enzo Ferrari's racing team. It's listed on the NYSE and Milan stock exchange, but the Agnelli family's Exor and Enzo's son Piero Ferrari hold more than 48% of the votes between them, according to Reuters. John Elkann chairs the company.
Benedetto Vigna, an ex-STMicroelectronics chip executive, has been CEO since 2021. The company's latest results show Q3 revenue of €1.9bn, and an order book stretching into 2028. Its first electric car, the Luce, was launched in 2026, but Vigna told Forbes India Ferrari will never be fully electric.
The good bit is the staff. Carscoops reported that every employee in Italy gets a €14,900 bonus for 2025, up from €13,500 in 2022. The catch, per RacingNews365, is that workers outside Italy don't get it.
The blemishes are fairly small. In 2023 Ferrari disclosed a ransom demand over stolen customer contact details. It refused to pay and said no payment data was taken. In F1, FIA stewards have fined it several times in 2026, including after a mechanic was knocked over in the pit lane.
So we give it a 6. It treats its workers well and has a clean-ish record in what we found. But we couldn't verify its emissions or tax picture, and control sits with a few big holders. We'd back it, but not with a lot of enthusiasm.