Ferrari denied that its fourth-placed car was unsafe or had any kind of unfair top speed advantage as a result of four bolts that were missing from the rear wing assembly on its disqualified #50 race

Italian automaker Ferrari (NYSE:RACE) has pushed off plans for its second all-electric model that was due out in 2026, according to Reuters. Sources indicate the second EV model will not be introduced until at least 2028 because of a lack of demand for high-performance luxury EVs.

Ferrari has released a public statement reacting to the disqualification of its No. 50 499P from the 2025 Le Mans 24 Hours, describing the stewards' decision published late on Monday night as a "surprise".

Ferrari has postponed its second fully-electric model launch to 2028 due to soft demand for high-performance luxury EVs. The delay allows further technology development despite low market interest. Other luxury carmakers like Lamborghini and Porsche have similarly adjusted their electric plans amidst consumer hesitation towards electric sports cars.

Ferrari has delayed plans for its second fully-electric model that was due out in 2026 to at least 2028, because of a lack of demand for high-performance luxury EVs, two sources close to the matter told Reuters.

The No. 50 Ferrari - AF Corse 499P, which crossed the line in fourth position overall in the 2025 24 Hours of Le Mans, has been disqualified after post-race scrutineering for a technical infringement.

A marathon stint by the Pole was enough to give the Prancing Horse its third victory since returning to the endurance classic's top class in 2023.

The fourth-place number 50 Ferrari 499P has been disqualified from the 24 Hours of Le Mans for failing post-race technical inspections.

Ferrari has won the 24 Hours of Le Mans for the third year running but a late surge from Porsche Penske Motorsport denied the Italian manufacturer a podium sweep.

Ferrari unveiled the special edition Piloti Ferrari 296 Speciale on the eve of the 2024 24 Hours of Le Mans endurance race. This vehicle is the latest creation from Ferrari's Tailor Made program, designed for racing enthusiasts.