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FERRARI APPOINTS BENEDETTO VIGNA AS NEW COMPANY CEO

FERRARI APPOINTS BENEDETTO VIGNA AS NEW COMPANY CEO

Context

Recently, Ferrari has named Benedetto Vigna as the company’s CEO.

Details

  • He currently serves as the president of STMicroelectronics’ Analog, MEMS and Sensor Group.
  • He  is a member of the company’s executive committee.
  • Ferrari is an Italian luxury sports car manufacturer based in Maranello, Italy.
  • Ferrari was founded by Enzo Ferrari in 1939.
  • The company built its first car in 1940, and produced its first Ferrari-badged car in 1947.
  • As of 2021, Ferrari is the 10th-largest car manufacturer by market capitalisation.

About Formula One

  • It is the highest class of international auto racing for single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA).
  • It is the highest level of single-seat, open-wheel and open-cockpit professional motor racing contests.
  • A Formula One season consists of a series of races, known as Grands Prix.

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