The world economic situation is not good. The Ferrari Formula 1 team won only one race in 2011. And yet Ferrari was able to report that it has increased its sales from 6,573 in 2010 to 7,195 in 2011, an increase of more than nine percent. This included a mammoth leap in the Greater China market of 62 percent, jumping from 478 sales in 2010 to 777 in 2011. US sales also climbed dramatically from 1,576 in 2010 to 1,958, a hike of more than 24 percent. The British market jumped by a similar percentage to 574. Overall the company recorded revenues of €2.2 billion, compared to €1.9 billion in 2010, an increase of 17 percent. Profits were up as well to round € 209 million. The company said that its online sales grew up 25 percent, its website traffic went up by 30 percent and its museum in Maranello had nearly a quarter of a million visitors. In short Ferrari is doing well… and intends to go on growing in the years ahead as it pushes further into the Asian markets.