Geographically, the Europe, Middle East, and Africa region was the strongest performer for Ferrari, with sales of 5,958 cars, an improvement from 5,492 in 2021. In the Americas, the company saw sales of 3,447 units, up from 2,831 the prior year. Meanwhile, buyers in Mainland China, Hong Kong, and Taiwan purchased 1,552 cars, compared to 899 in 2021. The Asia-Pacific region also saw an increase, with 2,264 sales, versus 1,933 the previous year.
In 2022, Ferrari's total revenue was €5.095 billion ($5.563 billion), up 19 percent from the previous year. The sale of vehicles and spare parts alone brought in €4.341 billion ($4.741 billion), a 22 percent rise. The brand's second-largest revenue stream came from branding and sponsorship deals, totaling €479 million ($523 million).
With a promising outlook for 2023, Ferrari is estimating net revenue of €5.7 billion ($6.224 billion), with additional income from racing and lifestyle activities. To combat cost inflation, the company plans to raise prices.
Exciting news for Ferrari fans, the much-anticipated Ferrari Purosangue is set to be released in 2023. The automaker's first widely available four-door vehicle features a crossover-like shape and is powered by a 6.5-liter V12 engine that generates 715 horsepower (533 kilowatts) and 528 pound-feet (716 Newton-meters) of torque. The Purosangue comes equipped with an eight-speed dual-clutch gearbox and has already generated a two-year waiting list due to high demand.
Source: Ferrari
