Ferrari (NYSE:RACE) to Debut its Hybrid Supercar on 31 May, Here is a Spy Preview

Ferrari (NYSE:RACE) to Debut its Hybrid Supercar on 31 May, Here is a Spy Preview

$RACE

Ferrari is set to debut a hybrid Supercar on 31 May, and the car will have 986 horsepower.

A video of a prototype was filmed by a motorcycle rider trailing the prototype and we get a direct view of its explosive acceleration. No doubt the low-end thrust is courtesy of a powerful electric drive system working in concert with the internal-combustion component.

The video also gives us some clues about the design. At the rear are 2 large exhaust tips that are mounted up high.

Ferrari is thought to be developing both V-6- and V-8-based hybrid power-trains, with the latter most likely pegged for the new Supercar, since Ferrari has referred to it as a “Top-of-the-line hybrid.” The new car is also expected to have the ability to drive on electric power alone for short distances, meaning a bigger battery than Ferrari’s last hybrid, the LaFerrari.

And while the iconic Italian automaker is also developing a new platform for its mid-engine cars, it is not yet clear whether the Supercar will utilize the new platform or share a platform with the recently revealed F8 Tributo, which uses a modified version of the platform launched 10 yrs ago in the 458 Italia.

The performance is expected to be better than the LaFerrari, which has a 38-hp deficit to the new Supercar. And it will not be a Limited Edition like the LaFerrari. Instead, it will have a normal product cycle, Ferrari marketing chief Enrico Galliera revealed in March.

The new Supercar is 1 of 5 models debuting this year, and 1 of 15 new models or derivatives due by Y 2022. About 60% of these will be hybrids, and beyond this date the Maranello Outfit will launch its 1st electric car.

The shift comes as Ferrari plans to boost production output with the Purosangue SUV due around Y 2022, which will forfeit the company’s exemption from CO2 regulations.

Ferrari has sold fewer than 10,000 cars per year, which kept it out of regulations’ targets. In Y 2021, the EU will implement stricter emissions regulations Ferrari will need to adhere to as its sales volumes expand with the SUV.

Ferrari is the Aristocrat of the automotive sector.

The 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 Bullish to Very Bullish, there is light resistance now at 143.38, and strong support at 139.88, all of our Key indicators are Very Bullish in here

Monaco Grand Prix is this weekend, the Top race on the calendar, stay tuned…

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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