Home 2021 Niels van Roij’s Ferrari Breadvan Homage

Niels van Roij’s Ferrari Breadvan Homage

by Paul Ebeling

#Ferrari #Breadvan #homage

$RACE

Niels van Roij Design (Holland) is responsible for a number of impressive one-off and small-series vehicles, the most impressive so far is this 1-off Niels van Roij Design Breadvan Homage.

Sketched by the Dutch designer sometime in Y 2018, it was hand-hammered into form by coachbuilder Bas van Roomen using a donor Ferrari 550 Maranello coupé equipped with a 6-speed manual transmission.

Building an homage to the Y 1962 original (pictured above) using a front-engine V12 was the right call. Not only did the 250 GT use the same recipe, but the 550 Maranello itself also became a proper racing machine thanks to companies like Italtecnica, Baumgartner Sportwagen Technik, and most famously, Prodrive in England.

Now, ready for Y 2021, we get Niels van Roij’s ‘new Breadvan’, who said that he has difficult task of implementing all the design features of the original Drogo-bodied prototypo onto a Ferrari from the 1990’s designed by Pininfarina.

Mr. van Roij went all in, and the result is very impressive.

Automotive design is about the search and the experiment, which is only truly achievable in a handmade sketch,” Niels van Roij said. “In the ideation sketches, differences can not only be seen in proportions and surfacing, the skin of the car but also in the application of graphics and other details. Such as the bespoke exhausts and unique headlights. Eventually, this process produces a so-called key sketch: the one sketch chosen to be developed into more elaborated, rendered ideas.”

He added, “It was a complex task to translate the essence of the legendary car into a contemporary design. We intended to be inspired by the original but ensured we were not limited by it in our creativity. The Breadvan Homage is a new original.”

A car is a complex, 3-dimensional sculpture, which has to look right from all angles and under a different light,” said the designer. “Like sketching, the clay modeling process is iterative and the Breadvan Homage was reshaped many times, to get it to spot on. After establishing the correct proportions the search for sophistication in the surfacing, or skin, started: finding the right subtleties for transitions from one element to another. It includes the exterior graphics like the richly sculpted air vents on the fenders.”

Now a bit about the man who hammered the aluminum into shape

Bas van Roomen works on behalf of major collectors and high-end restoration companies and is 1 of a few in the Netherlands that builds modern coachbuilt cars, including the products of Niels van Roij. Hand-beaten into a fitting Breadvan Homage, his latest was finished in a specially designed Red paint.

Ferrari is The Aristocrat of the automotive sector.

Enzo Ferrari’s 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 overall Bullish, the Key resistance is at, the Key support is at .

Our overall technical outlook is still Bullish, a Key indicators are Bullish long-term. Ferrari reported strong earnings for Q-3 on 3 November and expect the same for Q-4 and F-Y 2020 that will be reported on 2 February.

Ferrari finished trading Thursday at 206.98 against it 52 wk range of 127.73 – 233.66 in NY. It’s all time high in NY was marked at 233.66 intraday on 29 December.

All technical indicators are Neutral with a Bullish bias, the Key support is at 198.37, the Key resistance is 213.62. Ferrari’s stock is still oversold in here, but the Homing Pidgeon candlestick indicates that the selling is over.

Note: At the beginning of Y 2020 I called RACE at 230 by year’s end, the stock was trading at 165.22 on 1 January 2020, on 29 December 2020 it marked 233.66 intraday, its all time high

The Maranello Outfit’s shares were raised to Buy from Hold at HSBC, Morgan Stanley and Bank of America. UBS is now calling the stock at 365. Citi downgraded the stock from Buy to Neutral Thursday. I have not seen any other Street downgrades.

Ferrari will continue to create value in the long term as it becomes the world’s 1st Super Luxury brand.

Ferrari is a quality 1st long term luxury products investment, BAML raised its call to 270 long term.

I have raised my long term target to 375, a Strong Bull call, the strongest on the Street and am holding the mark during this recent profit taking, and seeing RACE as a buying opportunity.

Ferrari has an average rating of Buy and a consensus target price at 239.98.

The Maranello Outfit’s shares were raised to Buy from Hold at HSBC.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I am calling it 375 long term , the Top on the Street, and adjusting it to 230/share short term.

A number of large investors have recently bought shares of RACE, and there has been just 1 instance of insider selling over the past yr that we have seen.

The stock is considered defensive in the sector.

Have a healthy weekend, Keep the Faith!

You may also like

logo-white

Your Trusted Source for Capital Markets & Related News

© 2024 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.