see also........
- Ferrari values succumb to recession
- Buyers cautious as prestigious Italian cars struggle to sell at auction. By Paul Hudson Desirable Ferraris have usually been considered less vulnerable to the vicissitudes of the world’s financial markets than most other marques, but car collectors kept their hands firmly in their pockets at last weekend’s Bonhams sale of Ferraris and associated memorabilia in Gstaad. Many of [...]...
- Ferrari chief ’sorry’ about Honda pullout
- ROME: Ferrari chairman Luca Cordero di Montezemolo said he is “very sorry” about Honda’s decision to pull out of Forumula One amid the global economic slowdown. “I am personally very close to the team’s men who are facing difficult times,” Montezemolo said Friday in comments published on Ferrari’s Web site. “Unfortunately these things can happen under [...]...
- Tata signs sponsorship deal with Ferrari
- MUMBAI (AFP) — Indian technology giant Tata Consultancy announced on Thursday a sponsorship deal with Formula One team Ferrari, bucking predictions that the sport could collapse in the global economic crisis. Tata Consultancy Services (TCS) will display its logo on Ferrari cars during the 2009 season, a company statement released in Mumbai said. “TCS has entered into [...]...
