Ferrari Revenue From Car Sales, Engine, and Sponsorship

Sports car. Pixabay Image.

This article covers Ferrari’s revenue breakdown by category. Ferrari’s revenue categories consist of:

• cars and spare parts,
• sponsorship, commercial and brand,
• engines, and
• other.

Let’s look at the revenue distribution by category results.

For other key statistics of Ferrari N.V., you may find more resources on this page: Ferrari key stats.

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Definitions

To help readers understand the content better, the following terms and glossaries have been provided.

Cars and spare parts:

Cars and spare parts includes net revenues generated from shipments of cars, any personalization generated on these cars, as well as sales of spare parts.

Sponsorship, commercial and brand:

Sponsorship, commercial and brand includes net revenues earned by Ferrari’s racing teams (mainly in the Formula 1 World Championship and in the World Endurance Championship) through sponsorship agreements and its share of the Formula 1 World Championship commercial revenues, as well as net revenues generated through the Ferrari brand, including fashion collection, merchandising, licensing and royalty income.

Engines:

Engines includes net revenues generated from the sale of engines to Maserati for use in their cars and from the rental of engines to other Formula 1 racing teams.

Other:

Other primarily relates to financial services activities, management of the Mugello racetrack and other sports-related activities.

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Insight & Summary of Ferrari’s Revenue Breakdown By Category

Ferrari’s total net revenue grew from €2,335M in FY2013 to €7,146M in FY2025 — roughly a 3.1x increase, or a ~10% compound annual growth rate. The category mix has become progressively more concentrated in the core car business, while a notable disclosure change in FY2024 — the discontinuation of separately reported Engines revenue — marks the most significant structural shift in the dataset.

• Cars and spare parts — the dominant and still-growing core, but decelerating. This category’s share of total revenue climbed steadily from 70.9% (FY2013) to a peak of 85.8% (FY2024), easing only slightly to 84.0% by FY2025. Growth, however, has slowed sharply in the most recent years: +18.5% (FY2023), +11.9% (FY2024), and just +4.8% (FY2025) — the weakest growth rate for this category anywhere in the thirteen-year series outside the FY2020 pandemic year.

• Sponsorship, commercial and brand — losing share for a decade, now re-accelerating. This category’s mix fell steadily from 17.6% (FY2013) to a low of 9.6% (FY2023) as the core car business grew faster. That trend has reversed: growth accelerated from +14.6% (FY2023) to +17.1% (FY2024) to +22.4% (FY2025), lifting its mix back to 11.5% by FY2025 — its highest level since FY2016. Notably, in FY2025 this category’s growth rate exceeded Cars and spare parts’ for the first time in the recent data, a genuine change in which segment is driving incremental growth.

• Engines — discontinued as a standalone disclosure line. Engines revenue was always Ferrari’s smallest and most volatile category, swinging from as much as +65.6% to -30.3% growth within single years, consistent with lumpy third-party supply contracts rather than a steady demand base. Its share had already been shrinking for years, from a peak of 11.3% (FY2014) down to 2.1% (FY2023), alongside two consecutive double-digit declines (-18.0% FY2022, -18.4% FY2023). Starting FY2024, Ferrari reclassified Engines revenue into the Other category rather than continuing to disclose it separately.

• Other — now carries the reclassified Engines revenue. This reclassification explains the “Other” category’s +83.1% growth spike in FY2024 — by far the largest single-year move in its history — and its mix roughly doubling from 2.6% (FY2023) to 4.2% (FY2024), rising further to 4.5% (FY2025). Readers comparing “Other” across the FY2024 boundary should treat it as a different, broader category rather than a like-for-like continuation of the pre-2024 “Other” line.

• Structural Takeaway: Structurally, Ferrari’s revenue base has become more concentrated in its core car business over the past decade, but the two most recent years show that concentration easing slightly as Sponsorship/commercial/brand reaccelerates faster than Cars and spare parts. The clearest changing trend is the Cars and spare parts deceleration — from high-teens growth in FY2023 to under 5% in FY2025 — which, combined with Total Net Revenues growth itself slowing from +17.2% to +7.0% over the same span, suggests the car business is normalizing after several years of exceptional expansion. Going forward, Sponsorship/commercial/brand’s re-acceleration is the more organic driver to watch, while “Other” now runs structurally larger than before FY2024 because it absorbs the former Engines line — its growth rate should be read with that composition change in mind rather than as pure underlying expansion.

The table below combines all key Ferrari’s revenue breakdown by category metrics into a single view for the latest three fiscal years.

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Revenue breakdown by category

Ferrari’s revenue categories are defined here:

• Cars and spare parts,
• Sponsorship, commercial and brand,
• Engines, and
• Other.

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Revenue mix by category

Ferrari’s revenue categories are defined here:

• Cars and spare parts,
• Sponsorship, commercial and brand,
• Engines, and
• Other.

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Revenue growth by category

Ferrari’s revenue categories are defined here:

• Cars and spare parts,
• Sponsorship, commercial and brand,
• Engines, and
• Other.

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References and Credits

1. All financial figures presented were obtained and referenced from Ferrari N.V.’s annual and quarterly filings, which are available in Ferrari investor relations.

2. Pexels images.

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Disclosure

We may use artificial intelligence (AI) tools to assist us in writing some of the text in this article. However, the data is directly obtained from original sources (usually the quarterly and annual reports) and meticulously cross-checked by our editors multiple times to ensure its accuracy and reliability.

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