Ferrari (NYSE:RACE) to Run a Full Factory Race Car at Spa

Ferrari (NYSE:RACE) to Run a Full Factory Race Car at Spa

$RACE

FLASH: Spa 24 Hours to have 72 cars in Y 2019, with 1 full-factory run Ferrari.

A full-factory Ferrari is among the 72 cars on the entry for the Spa 24 Hours Blancpain GT Series event later this month.

The AF Corse works squad has entered a Ferrari 488 GT3 to be driven by World Endurance Championship regulars James Calado, Sam Bird and Alessandro Pier Guidi in the Belgian classic on 27-28 July, which is also the 3rd round of the Intercontinental GT Challenge.

The Taiwanese HubAuto Corsa squad, which is a regular in the IGTC, will also bolster Ferrari’s challenge for a 1st Spa victory since Y 2004.

Its 488 GT3 will be driven Daniel Serra, who was part of the winning GTE Pro line-up at the 2019 Le Mans 24 Hours, Nick Cassidy and Nick Foster.

Ferrari’s only regular pro class BGTS entry, the AF-run SMP Racing entry, leads the points in the hands of Miguel Molina, Davide Rigon and Mikhail Aleshin after the opening 3 rounds of the championship.

The 2 additional Ferraris join an entry that has 36 cars in the Pro class, 10 up on the 26-car maximum allowed for regular rounds of the BGTS Endurance Cup.

The Sounds of Spa

A further 10 manufacturers are represented on the entry.

Lamborghini has the most cars on the grid with 11 entries, with 3 Huracan GT3s in the Pro category from the FFF Racing and Grasser teams.

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 Very Bullish, overhead resistance now stands at 168.85, and strong support at 165.12, all Key indicators are Very Bullish in here. Ferrari finished at 167.51, +2.39 Wednesday in NY.

Have a terrific 4th of July!

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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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