Company: RACE
Filing Date: 2025-02-26
Form Type: F-3ASR
Source: 0001104659-25-017329
Chunk: 7

Company: Ferrari N.V.
Filing Date: 2025-02-26
Form: F-3ASR
Chunk 7
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 in growth market countries;

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changes in general economic conditions (including changes in the markets in which we operate) and changes in demand for luxury goods, including high performance luxury cars, which is highly volatile;

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macro events, pandemics and conflicts, including the ongoing conflicts in Ukraine and the Middle East region, and the related issues potentially impacting sourcing and transportation, as well as trading policies and tariffs;

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competition in the luxury performance automobile industry;

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changes in client preferences and automotive trends;

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our ability to preserve the value of our cars over time and our relationship with the automobile collector and enthusiast community;

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disruptions at our manufacturing facilities in Maranello and Modena;

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climate change and other environmental impacts, as well as an increased focus of regulators and stakeholders on environmental matters;

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our ability to maintain the functional and efficient operation of our information technology systems and to defend from the risk of cyberattacks, including on our in-vehicle technology;

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the ability of our current management team to operate and manage effectively and the reliance upon a number of key members of executive management and employees;

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the performance of our dealer network on which we depend for sales and services;

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product warranties, product recalls and liability claims;

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the sponsorship and commercial revenues and expenses of our racing activities, as well as the popularity of motor sports more broadly;

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the performance of our lifestyle activities;

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our ability to protect our intellectual property rights and to avoid infringing on the intellectual property rights of others;

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our continued compliance with customs regulations of various jurisdictions;

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labor relations and collective bargaining agreements;

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our ability to ensure that our employees, agents and representatives comply with applicable law and regulations;

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changes in tax, tariff or fiscal policies and regulatory, political and labor conditions in the jurisdictions in which we operate;

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our ability to service and refinance our debt;

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exchange rate fluctuations, interest rate changes, credit risk and other market risks;

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our ability to provide or arrange for adequate access to financing for our clients and dealers, and associated risks;

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the adequacy of our insurance coverage to protect us against potential losses;

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potential conflicts of interest due to director and officer overlaps with our largest shareholders; and

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other factors discussed elsewhere in this prospectus and any accompanying prospectus supplement, including documents incorporated by reference.

Actual results could differ materially from those anticipated in such forward-looking statements. Statements in this prospectus, any prospectus supplement, and any documents incorporated by reference speak