Ferrari rises 9% in Milan on results, Hamilton rumors - Fashion & Luxury. Ferrari on Thursday posted record net profit of 1.257 billion euros, up 34%.

It was above the €1 billion mark for the first time. Managing Director Benedetto Vigna said the glamorous sports car maker was looking "confidently" at the high end of its targets up to 2026. The BBC reported that seven time world champion Hamilton is to join Ferrari from next season.