Ferrari is looking less like a carmaker and more like Hermès
But will it thrive in the electric age?

The workaday town of Maranello, near such architectural jewels as Bologna and Modena, shares little of their charm. Nevertheless, its main attraction is a centrepiece of Italian culture. A statue of a prancing horse on a roundabout reminds visitors that this is the home of Ferrari. Italian design, exclusivity and racing heritage have made the company both a champion of the car industry and something altogether different.
Explore more
This article appeared in the Business section of the print edition under the headline “Horse power”
Business
July 5th 2025- Kim Kardashian, Ryan Reynolds and the age of the celebrity brand
- A Wall Street wheeze makes a surprising comeback
- Would you pay $19 for a strawberry?
- Superstar coders are raking it in. Others, not so much
- Ferrari is looking less like a carmaker and more like Hermès
- Are startup founders different?
- Jeff Bezos 2.0: new wife, newish job, old vision

From the July 5th 2025 edition
Discover stories from this section and more in the list of contents
Explore the edition
Linda Yaccarino goes from X CEO to ex-CEO
The top position at Elon Musk’s social-media platform is open once again

Does working from home kill company culture?
Our analysis suggests it depends on what sort of culture bosses want

On Lego, love and friendship
Human relations are a useful way to think about brands
Jeff Bezos 2.0: new wife, newish job, old vision
The Amazon founder’s semi-retirement plan
Would you pay $19 for a strawberry?
The rise of luxury fruit
Kim Kardashian, Ryan Reynolds and the age of the celebrity brand
Stars are using their fame to build thriving businesses