Ferrari is present at the 78th International Geneva Motor Show with its entire GT range, the F2007 single-seater that won last year's Formula 1 Drivers' and Constructors' World Championships, the legendary 365 GTB4 "Daytona" which celebrates its 40th anniversary this year, and a special area dedicated to the One-to-One Programme.

Taking pride of place at the Ferrari stand, however, is the 612 Scaglietti, the model being used to inaugurate the new One-to-One Personalisation Programme. Ferrari intends to allow every client to fully personalise this flagship model, courtesy of a wide array of new content as well as the options available through the Carrozzeria Scaglietti Programme.

To underscore the sheer depth and flexibility of the personalisation options available for the 612 Scaglietti, Ferrari is exhibiting at Geneva a version which has been inspired, right down to its perforated leather Daytona seats, by the classic 365 GTB4 which will stand alongside it. The famous 365 GTB4 was, of course, affectionately dubbed the Daytona in honour of the historic one-two-three finish delivered by the Scuderia Ferrari in the eponymous 24 Hour Race in 1967. The arrival of the 365 GTB4 was a significant moment in the company's history and Ferrari will be celebrating this car's 40th anniversary in 2008 with a series of events across the globe.

The 612 Scagliettis being used to launch the One-to-One Programme incorporate a series of technical evolutions that reflect the Ferrari philosophy of constantly introducing innovations in each model. Most notably, the V12 flagship now boasts an electrochromic panoramic roof which covers the entire top of the cabin. This has the dual advantage of giving occupants the feeling of driving along in a drop-top whilst enjoying the comfort and safety of a coupé. However, this is no ordinary panoramic roof. It is made from electrochromic glass which can be changed at the touch of a button to adjust the levels of sunlight allowed into the cabin. The electrochromic glass solution was developed in close collaboration with Saint Gobain, a partner with whom Ferrari has most recently developed a similar highly innovative solution for the Superamerica.

In addition to its electrochromic roof, the 612 Scaglietti also sports the aptly named SuperFast gearbox which delivers an exceptional gear-shifting time of 100 milliseconds and a reduced inertia clutch to enhance the engine's responsiveness still further. The iconic Ferrari manettino, now featured on the entire range, has also been added to the steering wheel.

Another model being showcased at Geneva is the F430 Spider, a rear-engined 8-cylinder that combines blistering performance with open-top driving pleasure. The version on the stand is displayed in a historic colour Grigio Ferro, with a sophisticated Cioccolato interiors. The F430 Spider has proved an enormous success since its launch and in 2007 won prestige awards from international publications, such as Quattroruote, Autozeitung, Auto Illustrierte and Auto Motor und Sport.

The Company's sporting history is also represented on the stand by the 599 GTB Fiorano, the highest performance production model ever built at Maranello and seen here in a classic Rosso Corsa livery, and the 430 Scuderia, an extreme model voted "Dream Car of the Year" by the authoritative British car magazine Top Gear. The more track-oriented side of Ferrari's dual soul is represented most ably on the stand by the F2007, the single-seater that won the World Championship last year, bringing to 15 the overall number of Formula 1 Drivers' and Constructors' titles won by Maranello so far.

MAGIC INDIA DISCOVERY

The Magic India Discovery Tour started from Mumbai on February 25th and will see two 612 Scagliettis cover a route stretching more than 13,000 kilometres. More than 50 journalists from all over the world will take turns behind the wheels of the cars which return to the Mumbai on May 8th.

The two 612 Scagliettis (one red, the other white, both sporting a specially designed livery) will feature a few absolutely minimal modifications to allow them to negotiate the more difficult sections of the tour. The modifications involve the fitting of an underbody protector made from 4 mm duraluminium rather than plastic and a slightly higher suspension setting to deal with the tougher road surfaces. Otherwise, however, they will be entirely straightforward production cars.

The Magic India Discovery tour is divided into 12 stages and runs over 74 days. The start from Mumbai's Gateway of India was watched by Fiat Group Vice-President John Elkan and Ratan Tata, Chairman of the Tata Group. The two Scagliettis will head south along the coast to the city of Trivandrum near the very southern tip of the Indian peninsula, turning up towards Bangalore and Kolkata (Calcutta). The final part of the voyage takes the cars up along the river Ganges and north to the Pakistani border. It then heads back down towards New Delhi and on through fascinating Rajasthan before returning to Mumbai.

The Magic India Discovery tour will enjoy the invaluable support of the Tata Group, Tata Motors, Tata Consultancy Services, Taj Hotels, Shell, Fiat India Pvt Ltd., Alcoa, Pirelli, Saima Avandero and OMR. Assistance and spare parts will be provided by eight support vehicles: five Tata cars, two Fiats and one specially fitted-out Iveco truck. In addition to the journalists driving the two 612 Scagliettis and the photographers, camera operators, the tour will also be accompanied by a technical assistance and logistics team for its entire duration.

The 612 Scaglietti is Ferrari's top of the range model and in line with its elegant, exclusive image, we will also be providing our guests on the tour with sophisticated colonial style clothing. In addition to this, legendary Milanese hatmaker Borsalino has created a contemporary take on the classic colonial Pith helmet as the weather will be particularly hot and sunny. The www.ferrariworld.com and www.media.ferrari.com websites will feature constantly updated news and high resolution images throughout the tour also.

FERRARI BUSINESS

2007 BALANCE SHEET: A RECORD YEAR

In the year of Ferrari's 60 year anniversary, beautifully topped off by our seventh Constructors' World title in nine years in Formula 1 and our sixth Drivers' title in the last eight years of the World Championship, all of the main economic indicators were up to excellent levels. Ferrari's revenues (turnover) increased from the 1,447 million euro recorded in 2006 to 1,668 million euro in 2007, a jump of 15.3%.

A total of 6,465 road cars (i.e. track cars excluded) were delivered to end clients, an increase of 14% on 2006. The emerging markets showed the strongest growth. Sales to the Asia-Pacific region rose by 47.2% on last year's figure while the Middle East was up by 32.3%. The trend was positive too, however, in more traditional markets such as the United States (+7.7%), the United Kingdom (+8.2%) and Germany (+5.9%). Trading trading profit of 266 million euro represents a massive 45.4% increase on last year's figure and brings our ROS (Return on Sales) up to 16% compared to 12.6% in 2006.

FERRARI FINANCIAL SERVICES

Founded in late 2006, Ferrari Financial Services is made up of three legal companies. Ferrari Financial Services SpA is the Italian mother company and directly manages the Italian market. It also controls Ferrari Financial Services AG (which operates on the German, French, Austrian, Belgian and Swiss markets) and Ferrari Financial Services Inc. which, through our dealership network, covers the whole of the USA. In 2007, Ferrari Financial Services achieved 27% market penetration on the seven markets on which it operates. In other words, around one third of the cars manufactured and sold by Maranello were purchased using its financing contracts.

The average length of these finance contracts is 40 months and the amounts involved range from 100,000 euros to up to four million dollars, the price fetched by California Spider sold recently on the American market. The Ferrari Financial Services portfolio also includes two Ferrari Enzos (average value: 700,000 euros) and no less than seven former F1 single-seaters (average value: 1.5 million euro). FFS offers a choice of four different financial packages to suit the various categories of car covered: GT from current range, competition cars, classic and pre-owned cars, Formula 1 and limited series). Each package includes a range of options from financing for more traditional services (insurance or scheduled services) to ultra-exclusive driving courses certified by the current Scuderia Ferrari drivers.

FERRARI CLASSICHE

Introduced in July 2006, the Ferrari Classiche division provides restoration and maintenance services, technical assistance and authenticity certificates to classic Ferrari owners. To date, Ferrari Classiche has received over 800 requests for certificates of authenticity and issued over 600. The certification is carried out using the data contained in the Company's technical and historic archive which includes information on all of the GT, competition and sports prototypes cars built at Maranello since the Prancing Horse's foundation. 2008 looks set to be another excellent year for Ferrari collectors too, with a series of special events that includes celebrations for the 40th anniversary of the legendary 365 GTB4 "Daytona" during the Mugello Historic Festival (April 5th and 6th). Then on May 18th, the Fiorano Circuit will host the second edition of the "Leggenda e Passione" auction organised by RM Auctions in collaboration with Sotheby's.

2008 SPORTING ACTIVITIES

2007 saw Ferrari sign a technological collaboration agreement with the A1GP World Cup of Motorsport to supply engines for the series' single-seaters. Ferrari will also act as a consultant on the design of the chassis of the cars competing until 2014. The collaboration begins from the 2008/2009 Championship.

FERRARI CORSE CLIENTI

Client racers have played a major role in Ferrari's sporting activities since the foundation of the Marque. This led to the Ferrari Challenge being set up in 1993 followed in 2001 by a dedicated Corse Clienti division. Corse Clienti currently organises the international Ferrari Challenge Trofeo Pirelli and Shell Ferrari Historic Challenge, provides support to Ferrari clients taking part in the GT championships and manages the F1 Clienti department, the exclusive FXX Programme and the Pilota Ferrari driving courses.

PILOTA FERRARI DRIVING COURSES

The Ferrari driving course programme began in 1993 with just one type of course (Basic) but in the years that followed it developed to meet client demand into three levels of increasing complexity: Advanced, Evolution and Challenge. Between 1993 and the present, in fact, over 4,000 clients from all parts of the globe have attended our courses. Over 700 individuals signed up for them in 2007 alone, in fact. More than 400 of these attended the courses held at Fiorano: 17% from Italy, 55% from other European markets, 13% from America, and 15% from Australia and Asia. The Chinese courses attracted over 80 participants to three different circuits in Shanghai, Beijing and Zhuhai. The Ferrari North America Driving School sessions brought upwards of 200 drivers to the Mont-Tremblant Circuit in Quebec, Canada. The Pilota Ferrari on Ice course was launched this year also and will help clients hone their skills at controlling their car in adverse conditions. A special course developed in collaboration with Michael Schumacher is also offered to clients that have purchased a 430 Scuderia through Ferrari Financial Services.

FERRARI STORES

The Ferrari Store opening programme continues apace across the world too. Stores were officially inaugurated in Beijing, Los Angeles, Shenyang, Barcelona, Al Kobar, Abu Dhabi and Macao in 2007. 2008 will see us enhance our presence in the North American market with new Stores in Honolulu, San Francisco and Miami in the first half of the year. The Singapore Store opened in January 2008 and another is planned for Moscow this year too.

FERRARI IN SWITZERLAND

With 270 road cars delivered there in 2007 (in line with the 2006 figure of 269), Switzerland is Ferrari's seventh largest market after the United States, Germany, the United Kingdom, Italy, Japan and France. It is also our largest market overall in terms of cars sold per capita of population. Ferrari maintains a strong presence in the country through Ferrari Suisse which is based at Nyon near Geneva. The latter has been directly controlled by the Prancing Horse since 1993 and is currently headed by a Giulio Zauner. Ferrari Suisse operates through a network of 10 dealerships which also guarantee a technical assistance service.

Many Swiss clients are involved in the GT championships, the Ferrari Challenge Trofeo Pirelli and Shell Ferrari Historic Challenge, as well as in collecting historic and Formula 1 cars from various eras. Ferrari Classiche has, in particular, had numerous certification requests from Swiss owners.