Ferrari’s (NYSE:RACE) New 812 Prototype Seen Motoring Around Maranello

$RACE

Recall in late Y 2018 the FerrariChat forum gave us the word that Ferrari (NYSE:RACE) planned 3 Special Editions of the 812Superfast.

We saw one of them last November, in the targa-topped 812 GTS.

The 2nd was rumored to go even further with the undress, boasting a speedster-like form omitting the roof entirely as well as most of the windshield. If that arrives, it would slot into an expanding segment of supercar speedsters like the McLaren Elva and mysterious roofless Aston Martin.

The 3rd model was said to be a hardcore variant called 812 Monza or 812 MM, for Mille Miglia.

Instagram user Wilco Blok posted photos taken by Lorenzo Roman that show a blacked-out 812 in prototype form driving the streets of Modena. This is thought to be our 1st glimpse of what could be that hardcore variant, which The Supercar Blog now says “is being referred to as the 812 GTO.”

Ferrari likes to debut at the Geneva Motor Show, so there is a chance that’s where we will find out what the new 812 is, and once Ferrari’s finished branching out the 812, future V12s from Modena are expected to come as part of a new engine family.

Ferrari is the Aristocrat of the automotive sector.

Enzo Ferrari’s iconic Italian Supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos.

HeffX-LTN overall technical outlook for RACE is Bullish to Very Bullish, there is resistance at 170.12, and Key support is solid at 167.01 the stock has established strong long term support.

Ferrari finished at 168.05, -4.43 Monday in NY.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I have call it at it at 200+/share long term, adjusting it to 200/share short term and siding with BAML to 230 long term for now.

Stay tuned…

RACE

#812GTO#Aristocrat#Bullish#EPS#Ferrari#Geneva#goods#investment#investors#luxury#Maranello#Modena#race#RACE. Ferrari#Supercar#value