Ferrari’s (NYSE:RACE) CEO Unlocked the Value in the Iconic Supercar Maker

Ferrari’s (NYSE:RACE) CEO Unlocked the Value in the Iconic Supercar Maker

Ferrari’s (NYSE:RACE) CEO Unlocked the Value in the Iconic Supercar Maker $RACE, $FCAU Investors are misreading CEO Marchionne’s objectives, unlocking value is not his goal; he is trying to ease the Agnelli Family, which controls Ferrari and Fiat-Chrysler (NYSE:FCAU), out of the car business. He is retiring in a few years, and the car business […]

Ferrari (NYSE:RACE) Turns 70 anni in Style at Maranello 

Ferrari (NYSE:RACE) Turns 70 anni in Style at Maranello 

Ferrari (NYSE:RACE) Turns 70 anni in Style at Maranello $RACE, $FCAU This is the Scuderia’s 70th anniversary, and Ferraris are out in force in Italy this weekend to celebrate. Friday, about 500 sports cars gathered in Milan for the motor to Modena, where founder Enzo Ferrari was born, and end with an exclusive party in […]

Ferrari (NYSE:RACE) Dips on Profit Taking, Maserati IPO Speculation

Ferrari (NYSE:RACE) Dips on Profit Taking, Maserati IPO Speculation

Ferrari (NYSE:RACE) Dips on Profit Taking, Maserati IPO Speculation. $RACE Note: The short interest is extremely low for RACE with fewer than 1% of shares on loan, indicating that investors who seek to profit from falling equity prices are not currently targeting Ferrari. Ferrari (NYSE:RACE) shares gaped lower at the open Thursday as an analyst […]

F1: Marchionne Cast Doubts on Ferrari (NYSE:RACE) Team Driver

F1: Marchionne Cast Doubts on Ferrari (NYSE:RACE) Team Driver

F1: Marchionne Cast Doubts on Ferrari (NYSE:RACE) Team Driver $RACE Sebastian Vettel must “drive with composure, be more calm, less agitated” if he wants to remain in the Ferrari Formula 1 Team beyond Y 2017, Ferrari President Sergio Marchionne said Tuesday. Mr. Vettel saw a difficult 2nd season with Ferrari in Y 2016, failing to […]

Gooding & Company Posts Record Results at Pebble Beach Auction

Gooding & Company Posts Record Results at Pebble Beach Auction

Gooding & Company Posts Record Results at Pebble Beach Auction Record results, including 4 $10-M+ lots and 26 cars fetching $1-M+, made for  Gooding & Co’s most successful 2-day auction ever. Sales at the weekend totaled $129.8-M, with 115 of the 138 (83%) cars offered selling . 4 cars hammered above $10-M mark, the top […]

F1: Ferrari Charging for the World Championship

F1: Ferrari Charging for the World Championship

F1: Ferrari Charging for the World Championship $RACE Sergio Marchionne says that Ferrari will keep charging for the 2016 World Championship. That is despite the fact that Sebastian Vettel, the Scuderia’s lead driver, is 67 points behind MercedesAMG’s Nico Rosberg. Ferrari and Fiat Chrysler (NYSE:FCAU) President Marchionne set Ferrari (NYSE:RACE) the target of winning immediately […]

Bellissima! The Italian Automotive Renaissance, 1945‒1975

Bellissima! The Italian Automotive Renaissance, 1945‒1975

Bellissima! The Italian Automotive Renaissance, 1945‒1975 $RACE 50 years ago, in Y 1966, Lamborghini introduced a low, sleek, mid-engine  supercar called the Miura. Considered groundbreaking when it was introduced because of its transversely-mounted mid-engine (sidewinder) layout, the vehicle garnered a lots of orders despite being shown only as a rolling chassis a year earlier at […]