US Stock Market Move | Ferrari NV (RACE.US) rose more than 3% and announced the launch of non-combustion engine boats to enter the sailing field.

On Friday, Ferrari NV (RACE.US) rose more than 3%, closing at $492.84. In recent news, Ferrari NV released a prototype sailboat that will be launched next year, marking the entry of the supercar manufacturer into the sailing field. Ferrari NV stated on Wednesday that this 100-foot single-mast sailboat will serve as a technical research platform, and its outcomes may be applied to future road cars and racing projects. All systems on the boat will be powered solely by renewable energy generated by the sails, without the use of any internal combustion engine.