Ferrari Celebrated its 70th Anni with Scots Motoring Up The Royal Mile

Ferrari Celebrated its 70th Anni with Scots Motoring Up The Royal Mile

Ferrari Celebrated its 70th Anni with Scots Motoring Up The Royal Mile

$RACE

Ferrari (NYSE:RACE) launched its newest car in Edinburgh as more than 70 Scots Ferrari owners got their Prancing Horses out of the garages and over to the Capital. With thousands already there for the festival, it a most welcome event.

Edinburgh, Scotland at Festival time is a happening. But add 75 Ferraris making their way along the Royal Mile at rush hour into the mix of tourists and street performers and the fun is ratcheted up a notch.

The Prancing Horses were all there, from the Ferrari LaFerrari and the Aperta leading the cavalcade to a Ferrari 308 GTS, to a yellow Ferrrai 488 GTB.

The 488 GTB has Ferrari’s award-winning 3.9-litre V8 engine under the glass-backed hood, offering 670PS, with a top speed of 205mph and a 0-62mph figure of 3 secs.

Sitting in the traffic on the High Street the crowds encouraged the revving of these fabulous engines, with sounds rising up in the narrow Old Town streets.

The parade slowly climbed up over the cobbles stopping time and again for photographs with tourists, amazed at this extra automotive attraction to their Edinburgh Festival experience.

This event was the culmination of months of planning to mark the 70th Anni of the world’s most iconic marques.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 110.26 15 August 2017 0.21 110.58 110.84 109.61 257,800
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.33) Neutral (0.21) Bullish (0.35) Bullish (0.42)

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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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