Ferrari and Bianchi Announce Bike Making Partnership

Ferrari and Bianchi Announce Bike Making Partnership

Ferrari and Bianchi Announce Bike Making Partnership

$RACE

The 2 Italian icons join forces to produce new range of ‘high-end’ bicycle models

With over 200 years of sporting pedigree between them, Ferrari and Bianchi have announced a collaboration project that will include a new ‘Scuderia Ferrari’ line.

The project will involve teams from both companies’ R&D departments working together to develop models inspired by The Scuderia.

Salvatore Grimaldi, Owner and Chairman of Bianchi has not put a frame on the project, but it is expected to last a few years: “We will continue to develop the project over the next years thanks to the combined effort of two Italian excellence’s. Working together will allow us to develop new products shaped by the mix of top-class knowledge and expertise from the 2 parts.”

Bianchi has been linked with the highest level of cycling for decades, with names such as Coppi, Gimondi and Pantani associated with the iconic brand.

Pantani’s Giro d’Italia-Tour de France double was the last Grand Tour wins for the Italian marque bike brand, with Dylan Groenewegen (LottoNL-Jumbo) taking the most recent Grand Tour stage on a Bianchi at this year’s Tour de France.

More details on the high-end line from Bianchi and Ferrari are to be announced at the Eurobike Show in Germany at the end of August.

As well as the ‘Scuderia Ferrari’ line, further road models, mountain bikes, e-bikes, city bikes and children’s bikes are expected from the partnership.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 101.22 25 July 2017 -0.40 101.14 101.35 100.23 787,394
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.35) Neutral (0.15) Very Bullish (0.50) Bullish (0.42)

 

Stay tuned…

 

 

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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