Home » Elkann: “For Ferrari in 2023 record results and goals, we have kept our promises”

Elkann: “For Ferrari in 2023 record results and goals, we have kept our promises”

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Elkann: “For Ferrari in 2023 record results and goals, we have kept our promises”

«Ferrari closed 2023 with record results and goals. We kept our promises.” Thus John Elkann, president of Ferrari, at the shareholders’ meeting of the Maranello company. “Despite the difficulties posed by a complex macroeconomic context,” he said, “the strength of the Ferrari brand and the vitality of the company have been confirmed.” One of the most significant pieces of news provided by Elkann concerns the shareholding of the Cavallino (controlled by an agreement between Exor and Piero Ferrari). 98.7% of Ferrari workers in Italy joined the widespread share ownership plan which gave all employees the opportunity to become shareholders of the Maranello company by receiving one-off shares, free of charge. “We will extend this successful initiative to all our colleagues globally,” he added.
Five car launches in 2023. Among these, the Ferrari Roma Spider stands out. «The premiere in Marrakech – said Elkann – attracted customers from all over the world, marking the culmination of the Cavalcade Ferrari. This masterpiece received rave reviews for its timeless elegance, immediately arousing great enthusiasm among our customers.”

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However, Ferrari’s commitment goes beyond the world of racing and sports cars. The collections of the Maranello company have received international acclaim following the fashion shows during the Milan Fashion Weeks. Collaborations with selected partners have led to the creation of unique and exclusive products.
The shareholders approved the 2023 financial statements and the proposal to distribute a dividend of 2.443 euros for each ordinary share, equal to a total dividend of approximately 440 million. The coupon detachment will take place on April 22nd. The dividend will be paid on May 3rd. The entire board has been confirmed: President Elkann, CEO Benedetto Vigna, Piero Ferrari, Delphine Arnault, Francesca Bellettini, Eduardo H. Cue, Sergio Duca, John Galantic, Maria Patrizia Grieco, Adam Keswick, and Michelangelo Volpi.

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Regarding sports management, Elkann recognized that “2023 was a difficult season and often lacking in satisfaction for Scuderia Ferrari”. However, the president notes encouraging signs (the victory in Singapore and the two podiums achieved), “but we know that we must continue to work tirelessly.”
The situation is different regarding the Endourance World Championship. «With the victory at Le Mans last June 11th – commented the president of the Rossa – we witnessed the achievement of an incredible milestone in Ferrari history. It was an unforgettable day, which reminded us of the importance of finding the courage and humility to always continue to improve.”

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