Exhibit 99.1

FERRARI SIGNS A PARTNERSHIP AGREEMENT WITH IBM

Maranello (Italy), 7 November 2024 – Ferrari N.V. (NYSE/EXM: RACE) announces that Ferrari S.p.A., wholly-owned Italian subsidiary of Ferrari N.V., today has signed a multiyear partnership agreement with IBM (NYSE: IBM). Under this agreement, which will be effective from 1 January 2025, IBM will become Premium Partner of Scuderia Ferrari and the Scuderia Ferrari Driver Academy.

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Media Relations

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Email: media@ferrari.com

Ferrari N.V. Amsterdam, The Netherlands Registered Office: Via Abetone Inferiore N. 4, I – 41053 Maranello (MO) Italy Dutch trade registration number: 64060977