Ferrari (NYSE:RACE) Creates its ‘FUV’, the Purosangue

$RACE

To create the Roma, Ferrari started with the platform used for the Portofino convertible. Engineers strengthened and lightened the architecture and made it modular, so that it will support the company’s range of front-engined vehicles included in CEO Louis Camilleri’s near-term product roadmap of 15 new vehicles over the next 3 years, and 1 of those Supercars will be the Purosangue SUV, or FUV is expected to debut in 2021 before going on sale in Y 2022. The breadth of possibility built into the platform means it can hold Ferrari’s range of V8 and V12 engines, as well as the coming V6, plus plug-in hybrid equipment and AWD (all-wheel drive) mechanicals. 

I believe we will see a V12 Purosangue in the lineup eventually, models with smaller engines braced with hybrid assistance are expected 1st.

The V12 is unlikely to get a hybrid form if Ferrari (NYSE:RACE) can help it, the brand’s marketing manager saying, “To be honest, electrifying a V12 means creating, very probably, a heavy and big car. So electrification ideally should be coupled with smaller engines.”

Absent Ferrari’s 6.5-liter V12, Ferrari’s head of technology says there will be other ways the vehicle codenamed “175” distinguishes itself from V8-powered super-SUV competition, but would not clarify what those ways are.

The Purosangue twill fit in the Maranello Outfit’s GT classification alongside the GTC4Lusso, Portofino, and Roma.

In the next 10 years the GT category will grows with a new Supercar that marks “the return of an elegant model” cued off classic, mid-20th-Century Ferrari Gran Turismos, as well as a battery-electric car after Y 2025.

The Sport Car Range includes the 812Superfast and 812 GTS, 488 and 488 Pista, and SF90 Stradale.

The Icona line debuted with the Monza SP1 and SP2, and will expand with “timeless design/s of iconic Ferraris reinterpreted with innovative materials and state of the art technologies.”

One-offs like the F12 TRS, SP12 EC and SP38 form the Special Series. The iconic Italian carmaker’s entire range will be split across two modular platforms, 1 for front-engined placement, the other mid-engined.

At the lead end of the product roadmap, we believe that Ferrari has begun development of its LaFerrari successor. Said to use a naturally-aspirated V12 without electric assistance, it will produce less output than found in the 986-hp, hybrid-V8-powered SF90, while at the same time Ferrari says the new model will be faster than the hybrid-V12-powered LaFerrari. Due sometime after Y 2022, the new small-run Supercar will focus on lightness, controllability and aerodynamics.

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 Very Bullish, overhead resistance is 171.90, and Key support at 167.18, 2 Key indicators are now Very Bullish (the stock is very oversold) and the stock has established long term support ahead of this coming breakout North.

Ferrari finished at 168.07, +0.06 Thursday in NY.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I see it at 200+/share in that frame.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I see it at 200+/share in that frame.

Have a Happy Holiday Weekend