John Elkann’s Letter to Ferrari Shareholders: Lewis Hamilton’s Words of Wisdom and Future Success

2024-04-11 09:22:00

John Elkann, the president of Ferrari and the head of the Exor holding, which controls the economy of the Italian company, sent a traditional letter to its shareholders, in which he quoted Lewis Hamilton.

“Against the backdrop of success, it is important to remember the words of Lewis Hamilton: “In racing you always, every day, you need to continue to learn. You can always improve, and I think this applies to all areas of life,” Gazzetta dello Sport quotes the text of the letter. “His words bring to mind Exor’s values ​​of ambition and self-criticism.

In 2024 we will accelerate our progress towards our goal of strengthening the position of our companies… The Ferrari team is a good example of this progress, having already reached the podium five times at the start of the new Formula 1 season.

We look forward to the new victories we will achieve together with our customers, fans and all Ferrari employees under the leadership of Benedetto Vigna and his management team, but we also try to remain grounded in reality… Off the race track, Ferrari continues to deliver exceptional financial results , exceeding forecasts. Our revenues grew by 17% to reach 6 billion euros, and our net profit exceeded 1 billion for the first time, an increase of 34%.”

Of course, Elkann, referring to the seven-time world champion, thus reminded Exor shareholders that from next year Hamilton will become a Ferrari driver – the company president hopes that this will allow the Scuderia to achieve the above-mentioned “new victories”. In the meantime, the letter ended with a photograph taken after the finish of the Australian Grand Prix, depicting the victorious double of Carlos Sainz and Charles Leclerc.

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