Ferrari (NYSE:RACE) the Camilleri-era Begins

Ferrari (NYSE:RACE) the Camilleri-era Begins

Ferrari (NYSE:RACE) the Camilleri-era Begins


Ferrari (NYSE:RACE) is set to become the latest Supercar maker to enter the crossover/SUV line-up when its FUV arrives in Y 2022.

The iconic Italian automaker under the direction of CEO Louis Camilleri, also will see its product portfolio expand with electrified options coming.

Between Ys 2019 and 2022, 15 model launches will launch, Ferrari executives said last Tuesday, with hybrid drive-trains powering 60% of all models sold in Y 2022.

The Maranello Outfit also said it will introduce smaller high power V-6 engines.

In the Ferrari line-up now are the following Supercars:

The Portofino: Ferrari recently began deliveries of its new entry-level model Portofino. The hardtop convertible is more powerful and lighter than the California T it replaces.

The 488:Ferrari’s largest volume model will get a new variant this year, the 488 Pista, which arrives next month. The Pista is Ferrari’s most powerful V-8 car, with 710 hp. Much of the mid-engine Supercar has direct lineage from Ferrari’s racing programs, and the company says the vehicle is a significant step up from previous special series models. Last month, during Monterey Car Week, Ferrari unveiled the Pista Spider.

The 812 Superfast: The GT (grand tourer) with a naturally aspirated V-12 joined the lineup for the Y 2018 model year.

The Monzas: Based on the 812 Superfast, the Monza is a retro-styled supercar that will come in 1 and 2 seat configurations: the SP1 and SP2. They will offer 810 hp and have a lightweight carbon fiber bodies. Ferrari will build fewer than 500 combined. It will debut at next month’s Paris auto show, and an invitation from Ferrari will be needed to buy 1, if you have not gotten 1, it is likely you will not get 1, these Supercars are for Ferrari’s collector clienti only.

The Mid-engine Supercar: Ferrari confirmed it will launch a V-12 mid-engine sports car that could debut next year, but has not specified the timing or its name.

The GTC4Lusso: The ‘shooting brake’ carries on with 2 variants, the GTC4Lusso and GTC4Lusso T, though I believe its future is unsure.

The Purosangue:Ferrari’s foray into SUVs has a name: Purosangue, Italian for ‘thoroughbred’. Set to launch in Y 2022, it will sit on a front mid-engine architecture, 1 of 2 that will equip all future Ferraris. It will have a hybrid drive-train, and new suspensions with variable ground clearance, and be like none other in the sports utility field.

The Dino: There will not be a Dino badged car in the line-up.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 137.29 20 September 2018 1.48 135.87 138.09 135.72 639,700
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.31) Bullish (0.35) Bullish (0.36) Neutral (0.22)

Have a terrific week

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