Ferrari has embraced circular economy principles by designing products with durability, reparability, and recyclability in mind. Ferrari cars are expected to have a durability of at least 80 years, based on Ferrari’s manufacturing history. The substitution of spare parts throughout a car’s lifespan is driven by clients’ demand for parts to personalize their cars and maximize performance, ensuring and guaranteeing the reparability of products.

Ferrari considers environmental protection to be a decisive aspect to be promoted in its overall approach to business. The Environmental Practice promotes the reuse of waste materials in the production process according to a circular economy approach. Moreover, it aims to reduce the quantity of waste and optimize the amount of materials sent to recovery plants. The practice covers the following impacts and opportunity: “Reduction of waste thanks to the increase of durability, reparability and recyclability of spare parts (e.g. racing and sports cars) or products (e.g. lifestyle)”, “production of hazardous / non hazardous waste by the organization”, “promotion of circularity within the value chain to reduce the use of natural resources and waste produced by suppliers”, “production of hazardous / non hazardous waste by the supply chain” and “circular economy manufacturing initiatives implemented: use of recycled materials, recovery of production waste for recycling and projects aimed at ensuring an extension of product life”.