Since its spinoff from Fiat-Chrysler in 2016, Ferrari has been outperforming the rest of the auto industry and the stock seems priced for perfection.
Ferrari can boast to have the highest margins in the industry
It has much to do with its Formula One Team, the Scuderia Ferrari. They also make engines for two other teams. Irrespective of who wins the Championship, most of the time, Ferrari is taking the lion share of the profits of the Formula One Championship.
Unfortunately, this year, the Championship is not happening. It is still uncertain when the races will begin.
How does this affect the business of Ferrari?
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