Ferrari has a lot riding on its new SUV, the Purosangue

Ferrari has a lot riding on its new SUV, the Purosangue. robtfrank reports.

Like most ultra-luxury carmakers, Ferrari had a strong fourth quarter and 2021, boosted by the massive wealth creation during the pandemic.

Revenue increased 10% in the quarter to 1.172 billion euros and Ebitda grew 7% to 398 million euros .Ferrari has a lot riding on its much-anticipated and hotly debated SUV, called the Purosangue, to be unveiled later this year. "I've driven it several times in the hills of Maranello," Vigna told analysts and reporters on an earnings call Wednesday. "And I can testify that the driving experience is really astonishing."

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