There are two ways to buy Ferrari stock: own real shares through a share-dealing account with a stockbroker, or take price exposure to the shares through a contract for difference. Ferrari trades under the single ticker RACE in two places, on the New York Stock Exchange in US dollars and on Euronext Milan in euros. On Volity you trade Ferrari as a share CFD, so you follow the price without owning the underlying shares.
- Ferrari N.V. is the listed holding company behind the Italian sports-car maker, and its shares trade under the ticker RACE on both the New York Stock Exchange and Euronext Milan.
- To own the shares outright, you open a share-dealing account with a regulated stockbroker that can reach one of those two markets.
- To follow the price without owning shares, you use a CFD, which lets you go long or short and apply leverage.
- Ferrari is priced more like a luxury house than a mass-market carmaker, so its shares can trade at a rich valuation.
- On Volity you can trade Ferrari as a share CFD from the same account you use for forex, indices and crypto.
How can you buy Ferrari stock?
You have two routes. The first is direct ownership. You open a share-dealing account with a stockbroker, deposit funds, and buy Ferrari shares like any listed company, becoming a part-owner who can receive dividends. The second is price exposure through a CFD, where you do not own the shares but open a position that tracks Ferrari’s price, going long or short with leverage. Volity offers the second, and this guide covers both.
Where is Ferrari stock listed?
Ferrari N.V. is the holding company behind the sports cars and the Scuderia Ferrari Formula 1 team, incorporated in the Netherlands with its factory in Maranello, Italy, as summarised on its company profile. Its shares list in two markets. In New York they began trading on the New York Stock Exchange on 21 October 2015 at 52 US dollars per share, when Ferrari was spun out of Fiat Chrysler Automobiles. In Milan they listed on 4 January 2016 at 43 euros per share on the market run by Borsa Italiana. The ticker in both places is RACE.
Some foreign companies reach New York through an American Depositary Receipt, a certificate that stands in for shares held abroad. Ferrari is different. It lists the same ordinary shares directly on both exchanges, which makes this a genuine dual listing, with one line quoted in dollars in New York and the other in euros in Milan, backed by one company. Ferrari is also a component of Italy’s FTSE MIB benchmark and of the Euro Stoxx 50 index.
One governance detail is worth knowing before you buy. Ferrari runs a loyalty voting scheme that rewards long-term holders. Shareholders who register their shares and hold them for at least three years receive a second vote per share, as Ferrari sets out in its own listing information. Exor, the Agnelli family holding company, is the largest shareholder and, with Piero Ferrari, carries extra voting power through this scheme. Control therefore sits with a stable core, which minority holders should weigh.
If you want to own the shares, the process is the same wherever you live. Choose a regulated stockbroker whose platform can reach the New York or Milan market, complete the account opening and identity checks, and deposit funds. You then search for RACE, enter the number of shares, and place a buy order. Our guide to stock investing for beginners covers order types and account setup in more detail.
Owning the shares entitles you to any dividends and voting rights, and you can hold for years if you choose. The trade-offs are that you pay the full price of each share up front, you only profit if the price rises, and you may face currency conversion and custody costs abroad. If the full price is a barrier, some brokers offer fractional shares, which let you buy a slice of one share rather than a whole one.
UK investors follow the same path through a stockbroker authorised by the Financial Conduct Authority whose platform can reach the New York or Milan listing. You fund in pounds, the broker converts to dollars or euros to settle, and a currency spread applies whether you hold RACE in a general investment account or a tax-efficient wrapper. On Volity, UK and other non-US clients can instead trade Ferrari as a CFD under UBK Markets, which holds CySEC licence 186/12.
How to trade Ferrari as a CFD on Volity
Trading Ferrari as a CFD is different from owning it. A contract for difference is an agreement to exchange the change in Ferrari’s price between opening and closing a position. You never take delivery of the shares, so you receive no dividends directly, though share CFDs usually carry a dividend adjustment when the underlying goes ex-dividend. In return you get flexibility.
- You can go long or short, so you can aim to profit from a falling Ferrari price as well as a rising one.
- You post margin rather than the full share value, so a smaller deposit controls a larger position. Volity offers leverage of up to 1:500 depending on the instrument, and single shares typically sit well below that headline figure because they move more sharply than an index.
- You trade from one account. Ferrari sits alongside forex, indices, commodities and crypto on Volity MT.
The catch with leverage is that it works both ways, magnifying losses as readily as gains, so position sizing and a stop-loss are not optional extras. You can practise the mechanics first on a free demo account before committing real money, and you can read the full spread and financing costs on the charges and fees page.
How to invest in Ferrari, step by step
The steps for trading Ferrari as a CFD on Volity are straightforward, and our guide to getting started with stock trading covers the groundwork.
- Open a Volity account and complete the KYC checks, or start on a free demo to practise first.
- Fund your wallet by card, SEPA or crypto. Opening an account is free, you can fund from as little as $1, and you can start trading from $1.
- Open the Ferrari share CFD in Volity MT and study the live chart with the built-in tools.
- Decide your direction, set your size from the margin shown on the order ticket, and attach a stop-loss and take-profit.
- Place the order and manage the position, watching earnings and broad market sentiment.
What are the risks of buying Ferrari stock?
Ferrari is a profitable business with a powerful brand and loyal demand, yet its shares still carry risks worth weighing before you size a position.
- Valuation: Ferrari often trades at a premium multiple closer to a luxury-goods company than a carmaker, so a lot of good news can already sit in the price, and a disappointment can prompt a sharp fall.
- Concentration: a single stock is less diversified than an index, so company-specific news hits your position harder.
- Currency: the New York line is priced in dollars and the Milan line in euros, so exchange-rate moves affect your return if your account is held in another currency.
- Governance: the loyalty voting scheme concentrates control with Exor and other long-term holders, which leaves minority shareholders with less influence.
- Leverage on CFDs: trading with leverage magnifies gains and losses alike, so a modest adverse move can have an outsized effect on your margin.
None of this puts Ferrari off-limits. It is the context to weigh when you size a trade. Regulators take the same view of leveraged products. Both the FCA and ESMA cap the leverage retail clients can use on share CFDs and require clear risk warnings, because a leveraged position can lose money as fast as it can make it. This article is general information, not personal advice. Trade with a stop, size from your own risk tolerance, and use only money you can afford to lose.
Frequently asked questions
Yes. You can buy Ferrari shares through a regulated stockbroker that can reach the New York Stock Exchange or Euronext Milan, where Ferrari trades under the ticker RACE. You own the shares and may receive dividends. On Volity you instead trade Ferrari as a CFD, which is price exposure rather than ownership.
What is the difference between Ferrari on the NYSE and in Milan?
It is the same company and the same ticker, RACE, in both places. The New York line is quoted in US dollars and the Milan line in euros, and Ferrari lists the same ordinary shares directly on both exchanges rather than using a depositary receipt. Which one you pick usually comes down to currency and which market your broker can reach.
How much money do you need to buy Ferrari stock?
To own the shares you need at least the price of one share plus any broker fees, though some brokers offer fractional shares for less. To trade Ferrari as a CFD on Volity, opening an account is free, you can fund from as little as $1, and you can start trading from $1, with leverage that lets a smaller deposit control a larger position.
Is Ferrari a high-risk stock?
Ferrari is an established, profitable business with a strong brand, but any single stock carries company-specific risk, and Ferrari’s premium valuation means the price can react sharply to news. Trading it with leverage as a CFD adds further risk. Use risk controls such as a stop-loss and size positions carefully.
