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Ferrari’s Buyers Are Getting Younger, Says CEOThe average Ferrari buyer is getting younger, according to CEO Benedetto Vigna. Today, 40% of new Ferrari owners are under 40, a significant jump from 30% just 18 months ago.The Italian luxury sports car brand has long been known for its exclusive, limited production strategy, ensuring its vehicles remain highly coveted. As founder Enzo Ferrari famously said, the company will "always deliver one less car than the market demands." Currently, the waitlist for a new Ferrari exceeds two years.Ferrari’s First Electric Model Arrives in OctoberFerrari’s shift toward a younger customer base coincides with the launch of its first fully electric vehicle (EV) this October.The Italian-built EV is one of six new models Ferrari plans to release this year, including:A traditional sports carA hybrid gas-electric versionA fully electric modelVigna noted that Ferrari buyers are now divided into two camps: those who refuse to buy an electric Ferrari and those who will only purchase an EV.Ferrari’s Stock PerformanceShares of Ferrari (RACE) have climbed 5% over the past year, currently trading at $449.23 per share.