Ferrari (NYSE:RACE) Racing Days at COTA, FXX-K EVO in the Spotlights

Ferrari (NYSE:RACE) Racing Days at COTA, FXX-K EVO in the Spotlights

Ferrari (NYSE:RACE) Racing Days at COTA, FXX-K EVO in the Spotlights

$RACE

After its unveiling last October, the Ferrari FXX-K EVO  HyperSupercar had its 1st real track day last weekend.

Ferrari announced that it delivered 3 of these cars to owners during the Ferrari Racing Days at the Circuit of the Americas, aka COTA, in Austin, Texas, where they immediately headed to the track.

The Ferrari Racing Days at COTA hosted more than 100 Ferraris for the North American Ferrari Challenge races as well as practice sessions for XX Program members and F1 Clienti, but the new FXX-K EVO stole the spotlight.

Ferrari North America President Matteo Torre presented the cars to the 3 owners in an official ceremony.

The Corso Clienti were then given a tour of their new HyperSupercar abilities, and invited to take to the circuit with a professional instructor to get a feel for the EVO

The FXX-K EVO is essentially a new bodykit for the “regular” LaFerrari-based FXX-K, providing 23 percent more downforce. The FXX-K’s 1,050-horsepower, hybrid 6.3-liter V-12 also gets a nice power bump in EVO form, but Ferrari won’t say how much. Customers who already own one of the 40 FXX-Ks produced can have their cars upgraded with the EVO package.

In addition to these new HyperSupercars, COTA’s exclusive Ferrari track day featured 10 F1 Ferraris and 21 XX Program vehicles, including 8ht 599XX/599XX EVOs and an Enzo-based FXX.

This Spring you can see some of Ferrari’s rarest track-focused cars at work; the next Ferrari Challenge is at Laguna Seca (California) in early May and the XX Program/F1 Clienti sessions at Road Atlanta (Georgia) in late April.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 122.79 16 March 2018 0.54 122.47 123.35 122.07 401,500
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (-0.13) Neutral (-0.19) Neutral (-0.18) Neutral (-0.03)

Have a terrific week.

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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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