We are closely monitoring the developments in the Middle East and the potential implications for our business. At this stage, we have temporarily suspended deliveries in the area, while managing few deliveries via airplane.
"Brazil was a huge disappointment," Elkann said. "If we look at the Formula 1 championship, we can say that on one hand, we have our mechanics, who actually are winning the championship with their performance and everything they've done on the pit stops. "If we look at our engineers, there's no doubt that the car has improved. If we look at the rest, it's not up to par. We certainly have drivers, for whom it's important that they focus on driving and talk less, because we still have important races ahead of us and it's not impossible to get second place [in the constructors' championship]."
Benedetto Vigna, the chief executive of the carmaker, said that Ferrari had seen a stabilisation in sales after the decision to reduce the number of vehicles it allocated to the UK. Some people are getting out of that country for tax reasons, he told the Financial Times, adding that taxes were not the only reason for the fall in residual values. There are many different factors. Maybe when you sell to the UK, that car cannot be sold somewhere else [because of its right-hand wheel].
Ferrari's Hypersail yacht exemplifies cutting-edge design, combining aerodynamic foils and renewable energy to achieve a 100% fuel-free sailing experience.
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