CEO Benedetto Vigna confirmed as much in the company’s Q2 2026 earnings release on July 30, saying the current order book “entirely covers 2027.” Back in February, following full-year 2025 results, he described demand as “very solid” with the order book extending “towards the end of 2027.” Industrial free cash flow for the quarter reached €276 million, up 39% from a year earlier, despite the Luca dropping Ferrari’s share price and receiving a fair amount of backlash. When Middle East tensions disrupted deliveries earlier in 2026, Ferrari accelerated shipments to other regions rather than leave slots unfilled. With orders locked in through 2027, Ferrari’s revenue for the coming year and a half is effectively secured without the company needing to close a single new deal.