Ferrari (NYSE:RACE) Celebrates 70th Anni at Rockefeller Center

Ferrari (NYSE:RACE) Celebrates 70th Anni at Rockefeller Center

Ferrari (NYSE:RACE) Celebrates 70th Anni at Rockefeller Center

$RACE

Ferrari (NYSE:RACE) is celebrating its 70th Anniversary this year.

To commemorate this iconic event The Scuderia  went on tour, putting some of its most important cars for display in major cities around the world.

Earlier this month, Ferrari came to NYC, and set up displays in Midtown for thousands to see at Rockefeller Center and featured a special car from each of the last 7 decades.

1949 Ferrari 166 MM

The Ferrari 166 came just after the 125S and the 166 MM Barchetta was named as 1 of the 10 Greatest Ferraris of All Time.

It shared many components with the 125S, including the Aurelio Lampredi-designed tube frame, double wishbone and live axle suspension, and it was powered by the Colombo V-12, though displacement was up from 1.5-liters to 2.0.

Just  39 examples were made between Y 1948 and 1953, and I could have bought 1 in Bergamo in 1968 for $5,000, the 2nd made, s/n 004 if I remember correctly.

1963 Ferrari 250 GT California Spyder

Ferrari’s 250 series of cars was the 1st run at volume production from the brand, with race cars and road cars sharing many chassis and engine components and more body styles on offer than ever before.

The Ferrari 250 GT California Spyder is particularly special because of its seductive bodywork and exhaust note from its 3.0-liter Colombo V-12.

I owned 1, but without covered headlights.

1973 Ferrari 365 GTB/4 “Daytona”

The Daytona/365 GTB/4 at the 1968 Paris Motor Show. The 365 GTB came to be known as the “Daytona” after Ferrari’s 1-2-3 sweep of the 1967 24 Hours of Daytona. With coachwork by Pininfarina, the 365 GTB/4 is unmistakable. Powered by a 4.4-liter Colombo V-12 with 6 Weber carburetors, resulting in a 0-60 time of just 5.4 secs.

I owned 2 of them, 1 a 1970 coupe and 1 a 1972 Spyder, great road car, hard to drive in the city.

1985 Ferrari 288 GTO

The Ferrari 288 GTO is more extreme version of the 308 GTB that was designed to meet homologation requirements for the wild Group B racing series.

In order for it to compete, Ferrari had to produce a minimum of 200 cars. The series was canceled before the cars had a chance to compete, so all cars built were converted for road use. The 288 GTO ushered in the modern Ferrari Supercar, the 1st of a line that led to the LaFerrari.

1993 Ferrari 512 TR

When the Testarossa launched in Y 1984 with its distinctive side strakes, designed to funnel air to the radiators inside each rear fender.

With a mid-mounted, naturally-aspirated, 4.9-liter flat-twelve, the 512 TR was an update on the original Testarossa, with a focus on refinement.

Testarossa production fended in 1996 with the F512 M being the ultimate iteration.

I owned 1 in 1987, and sold it on 21 October 1987, 2 days after the Black Friday stock market crash, that was the excuse, I did not like the car.

F2001 Chassis #211, Michael Schumacher’s 2001 Grand Prix de Monaco-winning Car

Ferrari F2001 Chassis #211, the car Michael Schumacher drove to victory at the 2001 Grand Prix de Monaco, his 4th win of the season.

Mr. Schumacher finished Y 2001 with a record 9 wins, and 5 2nd-place finishes, clenching the driver’s championship by a record 58 points.

RM Sothebys (NYSE:BID) announced that chassis #211 will be up for sale at action at its Contemporary Art Evening Auction on 16 November in NYC, where it is estimated to hammer for around $4-M.

2005 Ferrari 575 Superamerica

The 575 came around in Y 2002 as an extensive rework of the 550 Maranello, which was offered from Y’s 1996 to 2001, offering mechanical improvements that increased both performance and overall drivability.

The 575 Superamerica debuted ed in Y 2005 featuring a electrochromic glass panel roof that rotates 180 degrees when going up or down. Power comes from a 540-horsepower 5.7-liter V-12 and the 575 was the last 2-seat, V-12 Ferrari to be offered with a manual transmission, most buyers chose the F1-style paddle-shifter.

2017 Ferrari 488 Challenge

The 488 Challenge is the latest offering for Ferrari’s Challenge Series, a race series that began in the early 1990’s with the 348 in which private gentlemen racers run identical-spec, race-modified versions of the latest entry-level mid-engine Ferrari.

A 3.9-liter twin-turbocharged V-8, delivering 661 horsepower and 561 pound-feet of torque powers the latest 488 Challenge.

2017 LaFerrari Aperta

At the center of the display was an example of the LaFerrari Aperta, the open version of LaFerrari. Just 200 will be sold worldwide to private customers, 9 have been allotted specifically for Ferrari’s 70th Anni celebrations. This white Aperta is one of those 9. Powered by Ferrari’s 1st-ever hybrid powertrain, a 6.3-liter V-12 equipped with F1-style KERS regeneration that serves up 950 horsepower.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 115.73 19 October 2017 -0.83 114.74 116.09 113.63 305,586
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (0.17) Neutral (0.17) Neutral (0.08) Bullish (0.25)

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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