$DIS, $RACE, $F
FLASH: Fox Film Vice Chairman Emma Watts said movies like the studio’s “Ford v. Ferrari” are “an endangered species.”
Disney (NYSE:RACE) inherited the film earlier this month when it acquired 21st Century Fox, and Ms. Watts along with it to continue in her role as production President and 1 of the Top creative forces.
Based on AJ Baime’s book “Go Like Hell: Ford, Ferrari, and Their Battle for Speed,” the film has been through various incarnations over the years, and was at 1 point to be directed by Michael Mann, before being kicked over to Joseph Kosinski with Brad Pitt and Tom Cruise starring.
Now, the film stars Matt Damon and Christian Bale, and its take on the wild true story of Henry Ford II and Enzo Ferrari facing off to build a “perfect” race car and win the famed Le Mans race in 1966 looks like a real awards contender.
Ms. Watts presented the film to global movie theater owners Wednesday at CinemaCon in Las Vegas. The film, is a look at the engineer and driver who overcame the odds to build a race car for Ford (NYSE:F) that challenged Ferrari’s dominance, could be an Oscar contender for Fox and its new parent company, Walt Disney Studios.
‘Ford v. Ferrari’ has always been a mystery with megawatt talent Christian Bale and Matt Damon star, James Mangold directs the true story.
The Ford race car was designed to win the 1966 24 Hours Le Mans race in France, a legendarily competition that lasts 24 hours.
Ms. Watts called the film an example of what happens “when we dream the impossible, and then simply made it happen.”
Matt Damon plays engineer Carroll Shelby, and Christian Bale portrays the renegade driver Ken Miles.
A 1st-look trailer shown to the exhibitors check multiple boxes: Director Mangold offered up sleek and honeycomb-tinted shots, heavy on race car stuff and punchy dialogue.
Mr. Bale looks brooding and slick with engine grease. Damon does not go for vanity here as a down-on-his-luck engineer shacking up in an Airstream trailer.
Tracy Letts, who plays Henry Ford II, got all the laughs as a bone-dry American entrepreneur desperate to best Enzo Ferrari his auto rival who turned down Ford’s offer to buy the iconic Italian supercar maker.
The racing sequences are terrific, made elegant by the vintage car designs and exciting by how often they fall to pieces, catch fire or simply disintegrate in pursuit of the Chequered Flag.
“In this time of change and new horizons, this is a fitting film to leave you with,” Ms. Watts said in closing.
The film opens on 15 November, putting it in awards season.
Ferrari is the Aristocrat of the automotive sector.
HeffX-LTN overall technical outlook for RACE is Bullish across the board, and there is very little resistance here and none above 140.26. All of our Key indicators are Very Bullish in here.