On August 19, Ferrari NV rose 3.06% in regular trading, trading at $425.07/share, with turnover of $138 million.

On the news front, Ferrari's first pure electric model Luce chassis #0 custom prototype sold for $40 million at the RM Sotheby's charity auction during Monterey Car Week in California, far exceeding the $1.1 million pre-sale estimate and setting a new auction record for a new car. The buyer was 87-year-old American billionaire Herbert Wertheim, whose net worth is estimated at approximately $4.9 billion. All proceeds will be donated to the Ferrari Foundation for educational programs.

The milestone auction follows a strong Q2 earnings report, in which Ferrari posted revenue of 1.94 billion euros versus the 1.87 billion euro consensus, and EPS of 2.62 euros versus 2.50 expected, beating estimates by approximately 7.8%. The company raised full-year guidance, now expecting adjusted EPS of at least 9.68 euros and revenue of approximately 7.60 billion euros. Production through 2027 is fully sold out, with current orders requiring delivery waits until 2028.

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