Ferrari (NYSE:RACE) is the Star of the New Magnum, P.I.

Ferrari (NYSE:RACE) is the Star of the New Magnum, P.I.

Ferrari (NYSE:RACE) is the Star of the New Magnum, P.I.

$RACE, $CBS

The Ferrari 308GTS is back, but the detective’s main ride is now a 488, and he is no longer played by Tom Selleck.

At the open of the reboot of Magnum P.I.Thomas Magnum races a Mercedes Unimog, destroys 2 Ferraris, jumps onto a helicopter while diving off a cliff, and talks with his boss.

The pilot reboot of Magnum, P.I., making its television debut Monday, 24 September at 9:00p EDT on CBS

The series is yet another CBS remake of action hits from decades past.

We have not seen more than a few mins of teasers, and the outlets that have witnessed the full episode are either shredding the new Magnum, P.I., or calling it promising.

The show’s executive producer, Peter Lenkov, said that red Ferraris will continue to be considered “an iconic symbol of Magnum, P.I.

He went on to explain: We pay homage to the 308 in our pilot, but for the series, Magnum drives a brand-new 488 in Rosso Corsa with Sabbia interior. We believe that  the 488 becomes as identified and iconic as the 308 was in the original Magnum, P.I.

Magnum’s boss is British and played by Perdita Weeks, who delivers the sex appeal required by modern Hollywood.

Magnum’s helicopter-pilot buddy, TC, is back, as is the local island playboy and nightclub owner pal Rick.

The Big Q: Is it a good show?

The Big A: Watch it an decide.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 139  24 September 2018 1.53 137.47 139.39 137.19 423,900
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.37) Very Bullish (0.52) Bullish (0.36) Neutral (0.22)

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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