#Ferrari #F1 #GoldenEra #RACE Mattia Binotto wants to “duplicate” the lessons he learned during Ferrari’s Golden Era to try and transform The Scuderia’s waning fortunes. From Y’s 1999-2004, Ferrari were dominant in F1 as they captured 6 constructors’ World Championship titles and the drivers’ crown 5X with Michael Schumacher. At the time, Mr. Binotto, who […]
#F1 #Ferrari #MickSchumacher #RossBrawn $RACE Mick Schumacher, 21 anni, has been tipped to follow father Michael’s footsteps in F1. Ross Brawn, who worked closely with Michael Schumacher as he won his 7 world titles at Benetton and Ferrari, believes young Mick is on course for an F1 seat of his own. Mick took to the […]
#Ferrari #Tuscany #GrandPrix $RACE Mugello 14 September 2020 Scuderia Ferrari’s (NYSE:RACE) 1000th F1 race, the Toscana – Ferrari 1000 GP will be remembered for many reasons. The difficulties and spectacular nature of the Mugello circuit, the track owned by Ferrari and making its debut on the F1 calendar, will be recalled for the return of […]
#Ferrari #F1 #Tuscany #GP #Florence $RACE Florence, Italy: 13 September 2020 Florence’s Piazza della Signoria was the ideal setting on Saturday evening to celebrate Ferrari’s 1000th Formula 1 Grand Prix. The Maranello marque invited several of the sport’s Key people to a special evening in this most beautiful setting in the capital of Tuscany so […]
#Ferrari #F1 #Tuscan #GrandPrix #Mugello $RACE Free Practice Report: Mugello, 12 September 2020 Friday morning, shortly after 11 local time, the 2 SF1000s took to the track in their special Burgundy livery, the deep red originally seen on the 125 S, the very 1st Ferrari (NYSE:RACE) ever built, to complete their installation lap to kick […]
#Ferrari #F1 #Mugello #GrandPrix #livery $RACE The Tuscan Grand Prix will be the 1000th Formula 1 race Ferrari have contested and to mark the occasion their cars will run in a special livery at Mugello this weekend. The team, started by legendary founder Enzo Ferrari, first competed in F1 in the 1950 Monaco Grand Prix, […]
#Ferrari #Aristocrat #value #defensive $RACE Bank of Montreal Can lifted its holdings in shares of Ferrari NV (NYSE:RACE) by 34.9% during Q-2, according to the company in its most recent Form 13F filing with the SEC. The firm owned 386,336 shares of the company’s stock after purchasing an additional 99,907 shares during the quarter. Bank […]
#Ferrari #F1 #Spa #FreePractice $RACE Ferrari (NYSE:RACE) did not have the best of Fridays at the Belgian Grand Prix. The Scuderia struggled to get the tires to work properly with both Charles Leclerc and Sebastian Vettel’s cars and so the performance of the 2 SF1000s was considerably worse than expected. FP1: In the 90 min […]
#Friday # F1 #Spa #Qualifying $RACE Ferrari (NYSE:RACE) expected a difficult Saturday at the 65th Belgian Grand Prix and it was. Having struggled all weekend to get the tires of their SF1000s into the right operating window, Charles Leclerc and Sebastian Vettel failed to make the cut out of Q2 and will therefore start from […]
#Ferrari #ownership #institional #insiders #retailinvestors $RACE Ferrari (NYSE:RACE) has a market cap of $36-B. An analysis of the ownership of the company, below, shows that institutions big owners in the share registry. Let us take a close look to see what the different types of shareholders can tell us about Ferrari. Institutional investors have a […]
#F1 #simulator #virtual #reality #Ferrari $RACE This Simulator has you driving a F1 Racer at home, now you can motor around a race course at 200 mph like a professional This is a new full-motion simulator that will have you taking Monaco from home. Cranfield Simulation (UK) has announced the world’s 1st full-motion F1 Simulator designed specifically for […]
#Indy500 #race #brickyard #empty Sunday, Takuma Sato posted his 2nd Indy 500 victory holding off Scott Dixon and winning under a Yellow flag at an empty Indianapolis Motor Speedway Mr. Dixon, the 5X IndyCar champion had dominated the race but a firey crash did not bring out a Red flag and Sato got the Checkered […]
#Ferrari #Vettel #F1 $RACE In an interview, Ferrari’s Sebastian Vettel said, “I don’t think it is fair to label seasons or races. I know a lot of people tend to say this was my best race or worst race or best performance or worst performance ever. I think it is quite difficult to make that statement because […]
#Ferrari #online #auction $RACE Over the years we have seen headlines about the most expensive car ever sold at a live auction was a 250GTO, and the record for an online was recently broken 2X in the same week, both by different Ferrari cars just a couple months after the prior record was broken in June. The 1st […]
#Ferrari #LeMans #HyperSuperCar #racing $RACE Ferrari (NYSE:RACE) could rejoin the Top of class of the World Endurance Championship with a road-based Le Mans Hypercar. That is 1 of the options the iconic Italian manufacturer will begin to evaluate in the Fall as it considers a factory return to the Top flight of sportscar racing for […]
#Ferrari #F1 #DriverAcademy #female #GrandPrix $RACE A female has not raced in F1 for more than 40 yrs, and just 6 women have taken part in a Grand Prix racing weekend. Now, champion karter Ella Stevens, 13 anni, is fighting for a chance to drive for the most famous team in F1: Ferrari. This fall […]
#Ferrari #online #auction #Prodrive #racer $RACE A Ferrari 550 GT1 Prodrive was delivered in Y 2001 fetched $4.29-M at RM Sotheby’s last weekend, smashing the prior record price for a car sold at online-only auctions. On 12 August a 1966 Ferrari 275 GTB Long Nose set the previous online-only auction record for a car when it sold […]
#Ferrari #F1 #hybrid #powerunit $RACE Former Ferrari (NYSE:RACE) President Luca di Montezemolo, 72 anni, is taking 1 for The Scuderia, saying that he deserves some blame for the Maranello Outfit’s disappointing 2020 F1 season. He was sacked from his post at Monza in Y 2014 the year when F1’s controversial hybrid power unit regulations were […]
#Ferrari #F1 #Spain #GrandPrix #Leclerc #Vettel #blackout $RACE The 50th Spanish F1 Grand Prix was difficult for The Scuderia because of performance and reliability which forced Charles Leclerc to retire. The only positive came from Sebastian Vettel who turned things around after a poor qualifying and managed to go from 11th on the grid to […]
#Ferrari #F1 #SpanishGP #Leclerc #Vettel $RACE Charles Leclerc and Sebastian Vettel will start from the 5th and 6th rows on the grid respectively for the 50th Spanish Grand Prix, when it gets underway Sunday at 15.10 at the Barcelona-Catalunya circuit, with the Monegasque 9th, 2places ahead of his team-mate. Charles Leclerc #16 “I am disappointed […]
#Ferrari #SpanishGP #Leclerc #Vettel #FP #Qualifying $RACE Not concerned by the heat during Friday’s free practice for the Spanish Grand Prix Ferrari drivers Charles Leclerc and Sebastian Vettel each completed 125 laps of the Barcelona-Catalunya circuit, covering the equivalent of almost a race distance, The program for both SF1000s was completed, which means that The […]
#Ferrari #Online #auctions #collectablecars #C19Coronavirus Online auctions offering much desired vintage and classic models have no issues selling, Ferrari is #1. The HAGI Top Index traded down marginally for the month (-0.24%) and was up 3.87% for Y 2020 to the end of July. Exceptional classic and collector’s cars continued to perform well overall. This […]
#Ferrari #F1 #Silverstone #GrandPrix #Leclerc $RACE Silverstone 10 August 2020 Charles Leclerc and Scuderia Ferrari took 4th place in the F1 70th Anni Grand Prix held Sunday at Silverstone. The result was down to good performance from Mr. Leclerc, who started 8th on the grid. Sebastian Vettel’s started 11th and spun on the opening lap […]
#F1 #GrandPrix #racing #danger #drivers #70thAnni #Ferrari $RACE Bernie Ecclestone, 89 anni, was a teenager when the 1st British Grand Prix took place in Y 1950 at Silverstone and much has changed at the highest level from a sport in which drivers were lucky to survive a race, let alone a season, to 1 which […]
#Ferrari #F1 #Silverstone #Leclerc #Vettel $RACE The result of qualifying for the F1 70th Anniversary Grand Prix was more disappointing than that of a wk ago at Silverstone for the British Grand Prix. When the race gets underway tomorrow at 14.10 local (15.10 CET) Charles Leclerc and Sebastian Vettel will start from the 4th and […]
#Ferrari #stock #Buy #Purosangue #FUV $RACE Ferrari (NYSE:RACE) is the Aristocrat of the automotive sector, it boasts margins the other automakers dream of, and those margins continue to trend higher. Investors are also drawn to the iconic Italian Supercar maker’s strong margins at 24% margins, they are drawn to additional competitive advantages. 1 is Ferrari’s […]
#Leclerc #BritishGP #Silverstone #Podium $RACE Sunday, Lewis Hamilton limped over the finishing line to win the British Grand Prix with a puncture to mark an 87th career win and come within 4 wins of Michael Schumacher’s F1 record. The championship leader’s record-extending 7th Silverstone win saw him finish 6 secs ahead of Red Bull Racing’s […]
#F1 #GrandPrix #Silverstone #British #Ferrari #MercedesAMG #pole #highlights $RACE Lewis Hamilton will start the British Grand Prix from Pole position, the 4th round of the 2020 F1 World Championship season, at Silverstone. F1 British Grand Prix grid lineup Cla # Driver Chassis Engine Time Gap km/h 1 44 Lewis Hamilton MercedesAMG MercedesAMG 1’24.303 251.564 2 […]
#Ferrari #RACE #earnings, #C19Coronavirus $RACE Ferrari (NYSE:RACE) has a defensive business model that has held up very well through past economic downturns. If anything, the C-19 coronavirus chaos should be easier for Ferrari to navigate than past outlier events. The Maranello Outfit’s customer base is holding up very well, and the other supercar companies have reported strong […]
#Ferrari #RACE #F1 #Scuderia #GestioneSportiva #fans #Elkman #Binotto $RACE Ferrari (NYSE:RACE) Chairman John Elkann does not expect The Scuderia to be back to winning ways in F1 until Y 2022, as he asked for patience from the team’s “suffering” fans. With the Maranello Outfit having fallen away from the pace-setting MercedesAMG team, it is under […]
#Ferrari #RACE #investors #TSR #EPS #earnings #growth #luxury $RACE Ferrari (NYSE:RACE) share price is up nearly 70% in the last 3 years besting the overall market return of 28% not including dividends. Ferrari was able to grow its EPS at 16% per yr over the past 3 yrs, driving the share price North. It is […]
#Ferrari #F1 GrandPrix #racer #Binotto #Vettel #Leclerc $RACE In light of the IT hacking Team Boss Mattia Binotto says Ferrari (NYSE:RACE) must revisit “the entire car project” he ruled out sackings following a poor start to the F1 season. The Scuderia have picked up just 27 pts from 3 races so far in Y 2020, not aided by both drivers […]
#Ferrari #supercars #design #women #Roma #Purosangue #FUV $RACE Ferrari (NYSE:RACE) is against pink Supercars. With the new Roma, Ferrari has broadened its customer base by attracting new clients interested in a “less intimidating car.” That’s not to say the new GT has been specifically designed to lure female buyers as the Maranello Outfit not fond of the […]
#Ferrari #victim #F1 #FIA #engine #spying #regulations #IP $RACE Just In: Ferrari’s engine saga could be about to take a dark turn with claims in the Italian press stating they have been victims of industrial espionage. The Big Qs: How and why was Ferrari’s 2019 engine put under such extreme scrutiny? The Big A: According […]
#Ferrari #RACE #F1 #Aristocrat #dividend #defensive #carmaker #Italain #C19coronavirus $RACE Ferrari’s stock has fully recovered from the market selloff that was caused by C-19 coronavirus chaos, and I expect the iconic Italian super carmaker continue its growth into Y 2021. Ferrari has enough liquidity to withstand the virus epidemic, and by keeping the supply of […]
#Ferrari #F1 #Hungarian #GrandPrix #Vettel #Leclerc #Binotto $RACE The Hungarian Grand Prix turned out to be much harder than expected for Scuderia Ferrari. Sebastian Vettel and Charles Leclerc lacked pace all race long, and the result did not live up to expectations. Sebastian Vettel finished 6th with Charles Leclerc in 11th. The track was wet […]
#F1 #Hungarian #GrandPrix #StartingGrid #RACE The track was dry throughout qualifying Saturday, with spots of rain falling from time to time. In the Top-10 shootout, LewisHamilton set a new track record of 1m13.613s, 3/1-ths ahead of teammate Valtteri Bottas, and then improved on his 2nd run to 1m13.447s. Bottas also went quicker on his final run. […]
#Ferrari #engine #F1 #FIA #performance $RACE Ferrari (NYSE:RACE) team Boss Mattia Binotto has conceded that the FIA’s Technical Directives have had an impact on the SF1000’s power unit Ferrari’s power unit was one of the team’s biggest strengths in the Y 2019 campaign but its legality came under scrutiny towards the end of the season. The […]
#Ferrari #RACE #profits #cash #earnings #brand #Aristocrat #dividend $RACE Ferrari (NYSE:RACE): The strong financials comes with a Ferrari price tag. Ferrari’s performance throughout the C-19 coronavirus chaos is very impressive. Ferrari recently sold 10,000 units annually the 1st time in the automaker’s history with an average profit of $94,000 per car, about 24% margin. The […]
#Ferrari #technical #upgrades #SF1000 #C19Coronavirus #GrandPrix $RACE The 2nd Grand Prix in 2 wks delivered on the upgrades front, as the teams push hard to recover from time lost during the C-19 Coronavirus chaos lockdown. A number of teams had new parts in a quest to not only improve performance on Sunday, but to get […]
#F1 #MercedesAMG #LewisHamilton #Ferrari #Charles Leclerc #RedBullRacing #MaxVerstappen #BLM #knee #Marxist #Communists #antiAmerican #LibertyMedia $RACE $FWONK MercedesAMG driver, Lewis Hamilton again kneeled in support of Black Lives Matter aka BLM, before the start of the Styrian Grand Prix The pre-race demonstration saw 16 of the 20 drivers arrive at the grid in time, with 4 of drivers rightfully […]
#F1 #Ferrari #Styrian #GrandPrix #crashout #Vettel #Leclerc #Austria $RACE Both Ferraris collided at Turn 3 causing an immediate safety car to allow the Marshals to clear the track of debris. Sebastian Vettel drove into the pits with no rear wing, while Charles Leclerc who initiated the contact by lunging up the inside needed a fresh […]
#F1 $RACE Ferrari’s (NYSE:RACE) Charles Leclerc misses the cut, as Lewis Hamilton and Max Verstappen impressed, Sebastian Vettel made it to 10th. The Styrian Grand Prix kicks off at 1510 local time, which is 1210 UTC. Conditions will be completely different Sunday, the rain making way for warm and Sunny conditions which have been a […]
#Ferrari #F1 #SF1000 #Vettel #car #testing #racing #Austria #GrandPrix $RACE Sebastian Vettel said he was feeling “a lot happier” after spending Friday testing the upgrades that Ferrari (NYSE:RACE)brought to Austria a race ahead of schedule. According to the 4X world champion the new parts have made a big difference to the SF1000’s driveability, and provided […]
#Ferrari #stock #luxury #supercars #value #defensive #Aristocrat #investors #China #Purosangue #value $RACE I believe that more Northside can be found with the iconic Italian Supercar maker, Ferrari (NYSE:RACE). Having initiated coverage prior to the IPO have had my Buy rating on since July 2016 and a price target of 230 since December 2019. The Big Q: Why? […]
#Ferrari #F1 #GrandPrix #Austria #upgrades #BLM #RACE #SF1000 $RACE Ferrari has pledged to fast-track as many of the upgrades it had planned for the 3rd race, the Hungarian Grand Prix, for this weekend’s race in Austria. The Red Bull Ring is set to host its 2nd race no fans race in 7 days, the Styrian Grand Prix. […]
#Ferrari #F1 #GrandPrix #Austria #upgrades #BLM #RACE #SF1000 $RACE Ferrari (NYSE:RACE) to introduce some of the upgrades it intended to bring to the Hungarian Grand Prix at F1’s 2nd race in Austria at the weekend. F1 came back in style at the Austrian Grand Prix, sans the unwelcomed #BLM (Black Lives Matter) Marxist terrorists political […]
#F1 #Austria #GrandPrix #Ferrari #Leclerc #MercedesAMG #Bottas #McLaren #Norris #BLM $RACE MercedesAMG’s Valtteri Bottas led the GP from the start, McLaren’s Lando Norris briefly took 2nd before Max Verstappen retook the place by Turn 3. Lewis Hamilton tried to pass Mr. Albon at Turn 4, could not. Mr. Albon passed Mr. Norris for 3rd when […]
#F1 #AustrianGrandPrix #racing #Sunday #races #Europe #ESPN #Ferrari #MercedesAMG $RACE Sunday’s season-opening race at the Red Bull Ring is actually the first of an Austrian doubleheader to begin F1’s condensed 2020 schedule, as the 4.318-kilometer track in Austria will host another F1 race next weekend. The 8 races currently confirmed on F1’s 2020 schedule are packed into […]
#F1 #Austrian #GrandPrix #Ferrari #MercedesAMG #RedBullRacing #Vettel #Leclerc #Bottas #Hamilton $RACE After Saturday qualifying; race Sunday At Red Bull Ring Spielberg, Austria Lap length: 4.32 kilometres Third session 1. Valtteri Bottas, Finland, MercedesAMG, 1 minute, 02.939 seconds. 2. Lewis Hamilton, Great Britain, MercedesAMG, 1:02.951. 3. Max Verstappen, Netherlands, Red Bull Racing Honda, 1:03.477. 4. Lando Norris, Great Britain, […]
#Ferrari #F1 #RACE #GrandPrix #Scuderia #Mugello #Italy #SF100 $RACE Ferrari (NYSE:RACE) wishes to host and celebrate their 1,000th F1 race at the team’s Mugello circuit a week after this year’s Italian Grand Prix, team boss Mattia Binotto said Friday. Speaking during a news conference at the season-opening Austrian Grand Prix, Boss Binotto said the plan […]
#Ferrari #IndyCar #racing #Penske #Scuderia $RACE The Big Q: Is the Scuderia getting close to IndyCar racing? Roger Penske revealed Wednesday that he as the new owner of IndyCar and the Indianapolis Motor Speedway is working to land Ferrari (NYSE:RACE) to become the series’ 3rd engine and chassis manufacturer. “I have been personally championing, alongside […]
#Ferrari #F1 #GrandPrix #Austria #Hungary #racer #Scuderia $RACE Ferrari (NYSE:RACE) will run the same specification race car that it ran at the end of testing in February at this weekend’s season-opening Austrian Grand Prix, perhaps giving rivals MercedesAMG and Red Bull Racing, who both have upgrades ahead of the 1st race an advantage. Ferrari was […]
#Ferrari #F8Spider #streetracer #supercar #Monza #wildatheart $RACE This 710-hp Ferrari F8 Spider is a street racer and a loud errand runner, aka ‘Wild at Heart’ Every new Ferrari Supercar is engineered to post fast laps at Fiorano and/or Monza, no matter that the majority will never see a race circuit. That mindset makes the Ferrari F8 Spider easy to […]
#Ferrari #Aristocrat #Luxury #automotive $RACE Ferrari (NYSE:RACE) share price Tuesday is at 170.98 just 5.9% off it’s all time highs on low volume. The pattern suggests that the sellers are exhausted and the selling is over. This scenario looks to be a buying opportunity for the next leg up. The Support is Strong at 170.68 and the […]
#Ferrari #Scuderia #Austria # Grand Prix #F1 #cars $RACE As part of the protocols introduced due to the C-19 coronavirus, F1 teams have had to cut back on the number of staff members allowed at races. An overall limit on personnel allowed to work on the car has been replaced with a limit on total team […]
Another day in motor racing at the end of June, there were only F1 Grands Prix on this day over the years. Dan Gurney’s Brabham BT7 Climax held Graham Hill’s BRM and team boss Jack’s similar Brabham off to win the 1964 French Grand Prix at Rouen. Mr. Gurney went on to develop the Gurney […]
$RACE “On the road, things happen much faster than in the 488 Pista,” claims test driver Raffaele de Simone of the 2021 Ferrari SF90 Stradale. “Train your neck and your reactions,” he says, hinting that Ferrari’s new 986-hp high-tech Hyper Supercar will generate truly strong levels of grip while feeling as fast and agile as a […]
$RACE As teams ready for the 1st race of the F1 season at the Austrian Grand Prix next weekend sans track fans, teams have/are running tests to try to get used to a new way of working. All competitors are braced for logistical difficulties and work to take longer because of social distancing requirements. Ferrari […]
$RACE Ferrari drivers Sebastian Vettel and Charles Leclerc put a F1 car through its paces for the 1st time since preseason at a test at Mugello Tuesday. Messer Vettel and Leclerc split duties in the team’s Y 2018 car, the SF71H, at the Tuscany circuit, which has been slated as a possible late addition to […]
$RACE Hugh Jackman is set to star in Michael Mann’s racing drama “Ferrari,” about Ferrari (NYSE:RACE) founder Enzo Ferrari. STX will be handling international sales at the Cannes virtual market, and CAA Media Finance arranged the financing and is representing US rights. Mr. Mann will give a presentation for buyers Tuesday. STX will distribute the film […]
$RACE Ferrari (NYSE:RACE) was upgraded by equities researchers at Kepler Capital Markets to a ‘buy‘ rating in a research report issued Thursday. Several other automotive sector analysts have also weighed in on the company. One equities research analyst has rated the stock with a sell rating, 3 have issued a hold rating and 11 including us […]
$RACE The official Ferrari (NYSE:RACE) importer, Cavallino Motors, recently staged the launch event for the Ferrari Roma, the latest grand touring car from Maranello. The timeless beauty and elegance of the new Ferrari model was revealed online via a live streaming event Voravud Bhirombhakdi, Vice President of Cavallino Motors Co. Ltd., talked about the latest […]
$RACE Ferrari (NYSE:RACE) is not like any other automakers. To understand Ferrari you must think of it as a company with a different peer group, it is a luxury goods company with perhaps the world’s #1 Luxury Brand. Ferrari should not be valued by analysts as an automaker Former Ferrari CEO Sergio Marchionne was right […]
$RACE Women despite being a very small minority of race car drivers have proven that their racing abilities can match or in some cases best those of men. Top-10 poles in NASCAR, breaking Pikes Peak hill climb course records, and overall Dakar wins attest to this. But because of politics between amateur and pro racing, […]
Yet to confirm the calendar beyond the opening 8 races, F1 bosses have stated their intention to hold at least 15 Grands Grix in the C-19 coronavirus affected Y 2020 season. Particularly after the cancellation of Azerbaijan, Singapore and Japan Friday, additional circuits are being considered in Europe, with the Portuguese track the latest to join the […]
$RACE The Ferrari Museum at Maranello is now hosting the “24 Hours of Le Mans Virtual”. Since 10 June, visitors can watch live the stars of the 1st-ever virtual edition of the endurance classic even during the C-19 coronavirus chaos. With the help of the simulators set up in the Museum, visitors can get to see see the official drivers of […]
$RACE Ferrari (NYSE:RACE) confirmed that it is at least considering adding IndyCar to its racing portfolio, using some of its F1 savings. It is one way the manufacturer can keep from sector layoffs that might come with the expected budget cuts necessary to get to the coming $145-M gross F1 budgets. “Concern is not the […]
$RACE Reports have suggested that the Maranello Team was insisting on a significantly less lucrative contract and just a 1-year extension for Seb Vettel, 32 anni, a 4X world champion. But Team Boss Binotto said, “It was not about the type of offer or the duration of the agreement. Ferrari undoubtedly loves Sebastian for many […]
$RACE The Ferrari Enzo History The Ferrari Enzo was Ferrari’s (NYSE:RACE) 1st Hyper Supercar, fitting, for a car that carries the weight of its founder’s given name. As part of the exclusive lineup of 5 halo Ferraris that include the 288 GTO, F40, F50, and later LaFerrari, the Enzo was the highly successful follow-up to the […]
$RACE Ferrari Challenge Europe. The European series has reformulated its calendar to maintain the same number of races as originally scheduled. The season will open in Imola, where the brand new 488 Challenge Evos will take to the track at the Enzo and Dino Ferrari circuit over the weekend of 4-5 July. The Ferrari Challenge will […]
$RACE The late Enzo Ferrari said, “Non vendo auto. Vendo motori.“ Even if he never said those words, their power comes from the link between Ferrari’s (NYSE:RACE)image and the mechanical concerto of an Italian-built V12. Ever since its 1st badged car rolled out of Maranello’s gates in 1949, the pull the company exerts on the popular […]
$RACE F1 giant Ferrari (NYSE:RACE) has chosen Sydney as the base for a new program aimed at finding Top driver talent in the Asia-Pacific region. The new Ferrari Driver Academy will be based at the Sydney Motorsport Park to attract drivers from Australia, New Zealand and countries through Asia. Similar development programs have produced talent […]
$RACE Ferrari (NYSE:RACE) has improve its available liquidity by raising $713-M through a bond issue, with net proceeds to be used for “general corporate purposes.” The 5-yr unsecured bond pays 1.5% annual interest rate, Ferrari said in its news release. Ferrari has been less affected by the C-19 coronavirus chaos than the other automakers. Its deliveries actually rose by 4.9% […]
$RACE Charles Leclerc drove a Ferrari (NYSE:RACE) flat-out around the streets of Monte Carlo Sunday morning as he starred in a remake of the cult film C’était un Rendez-vous. On the same day that the cancelled Monaco Grand Prix was due to take place, Mr. Leclerc got behind the wheel of a Ferrari SF90 road car […]
$RACE Ferrari (NYSE:RACE) commands a premium valuation based on 3 Key elements of its business model: pricing power, strong demand, and growth. The iconic Italian luxury Super carmaker delivered good results in Q-1 Y 2020 despite some difficult economic conditions. Its success augurs well for long-term investors. The driver behind Ferrari’s success is brand strength. […]
It will blow the competition away. $RACE The 1st electric Ferrari (NYSE:RACE), which is expected in Y 2025, will use new technology to ensure it can deliver on the brand’s heritage, commercial boss Enrico Galliera said. The iconic Italian firm has yet to confirm any plans or a timeline for its 1st EV, although leaked patents […]
$RACE Scuderia Ferrari Mission Winnow (NYSE:RACE) announced Thursday that Carlos Sainz will drive for the team in the Ys 2021 and 2022 seasons of the F1 World Championship. “We have embarked on a new cycle with the aim of getting back to the top in Formula 1. It will be a long journey, not without […]
$RACE Ferrari (NYSE:RACE) has spoken of plans to add a V6 turbo to its engine lineup without dropping its 2 other benchmark engines the V12 and V8. The brand’s SVP of commercial and marketing, Enrico Galliera said, “So the technology we are going to have, V12, V8, V6 turbo. Hybrid will give us the possibility to have […]
$RACE Motor racing great Mario Andretti would love to see Italian carmaker Ferrari (NYSE:RACE) join the North American Indycar series as a chassis and engine supplier. Mr. Andretti, one of 4 drivers to claim both the F1 and IndyCar drivers championships, said in an interview Sunday that IndyCar series owner Roger Penske and Ferrari team […]
$RACE Ferrari (NYSE:RACE) is hopeful the loss in revenue from its Formula 1 team will be “short-lived” through Y 2020 as it prepares for a decline in prize money and sponsorship income. All 10 F1 teams are anticipating a decline in racing revenue activities this year due to the impact of the C-19 coronavirus chaos. […]
$RACE What I know is that there are people for whom the economy is never bad, and that includes Ferrari (NYSE:RACE) owners and buyers. The iconic Italian automaker posted better-than-expected earnings for Q-1 of Y 2020 and actually saw a 5% increase in new car sales. Revenue was down just 1% in the Q. Management […]
$RACE There is no question that the C-19 coronavirus chaos has ripped its way through almost every aspect of life as we knew it in February. Even Supercar manufacturing was not immune to the effects of the medical emergency that swept the planet. Exclusive automakers the world shut down operations, including Ferrari (NYSE:RACE). But, things have turned […]
$RACE F1 has presented its long-term roadmap for budget reduction to the teams, with a decision expected next week. It is understood that figures include a cap set for $145-M in Y 2021, coming down to $140-M in Y 2022 and then to $135-M for Ys 2023-25. The targeted numbers are acceptable to midfield teams […]
$RACE $F $GM Ferrari’s share price rose 6.4% Monday on the back of strong Q-1 earnings. Its market cap topped $30-B, putting it ahead of General Motors and Ford. The company revised its revenue and earnings down for the year. The Maranello, Italy-based luxury sports car maker reported better-than-expected earnings Monday. Despite shutting its factory […]
$RACE “The art of making small gains is knowing what to improve and how to do it successfully.“– Enzo Ferrari That is the Key, and this relies on experience. So, while Jaguar burst on to the Le Mans scene in the 1950’s, suddenly with great success, it may be easy to forget that, in the background, the […]
$RACE Ferrari (NYSE:RACE) normally high energy factory and HQ’s stood mostly deserted earlier this week, except for the line of Red Dressed Scuderia employees waiting to have their blood drawn and tested for coronavirus antibodies. The iconic Supercar maker is to restart operations at its Maranello and Modena plants on 4 May, as Italy is […]
F1 CEO Chase Carey has given us an update on the latest developments on the 2020 F1 calendar, including a target start date and location… Early Monday morning it was announced that the French Grand Prix, due to take place in late June, will not be going ahead, we are now increasingly confident with the progress […]
$RACE Ferrari (NYSE:RACE) said it is committed to F1 after reports Thursday that the sport’s oldest and most successful team could walk away if a proposed budget cap for Y 2021 was set too low. Seems like Liberty Media got the word loud and clear. Ferrari was prepared to quit F1 it was declared in […]
$RACE Ferrari (NYSE:RACE) team Boss Mattia Binotto has warned the team could walk away from F1 if budget caps are slashed following the coronavirus chaos. According to reports, discussions last week suggested the cap for Y 2021 could be cut from $175-M to $145-M and then to $130-M for Y 2022. No agreement was reached […]
$RACE Sebastian Vettel believes the culture at Ferrari (NYSE:RACE) is often “misunderstood”, and that they can return to the Top of F1. Mr. Vettel is heading into his 6th season with The Scuderia in Y 2020, after making the move from Red Bull Racing in Y 2015, but he is yet to build on the […]
$RACE The Hot automotive market began to cool in November. With good sales, but was down from Y 2018. Hang on, Y 2019 was not all bad for the sector’s Aristocrat, Ferrari. The Maranello Outfit sold and 10,131 cars, and made a record profit on each 1 of them, too, according to a new report […]
$RACE Ferrari (NYSE:RACE) F1 Team Boss Mattia Binotto says The Scuderia is amenable to any schedule that is proposed by other F1 bosses as they seek to mitigate the impact of the coronavirus crisis on the season. To date 9 Grands Prix have have been postponed or cancelled because of the medical crisis, leading fans […]
$RACE Wednesday, Ferrari (NYSE:RACE) said it is piloting a project to conduct voluntary screening of employees and their families for coronavirus once the iconic Supercar makers factories in Italy reopen. In a statement, Ferrari said its “Back on Track” plan, developed with a pool of virologists and experts, was designed to create a safe working […]
$RACE A lot has changed since Sebastian Vettel won titles with Red Bull Racing and set himself the goal of winning with Ferrari (NYSE:RACE). There have been a lot of mistakes, but he is not ready to give up his mission to win a championship with The Scuderia. Contract negotiations are ongoing. Ferrari is the […]
$RACE Sebastian Vettel, “Happiness, not money, Key to new Ferrari F1 deal” Ferrari (NYSE:RACE) F1 driver Sebastian Vettel says money “is not the most important thing” in his discussions with Ferrari about a new contract. Mr Vettel, 32 anni, who joined Ferrari in Y 2015, has been in talks with The Scuderia over a new […]
Due to the developing situation in China and Asia concerning the Coronavirus, this article has been prepared as a running live update service to keep businesses involved in ASEAN updated with the latest relevant regional news. Travel Advisory: we are hearing accounts of travelers in some ASEAN countries being denied entry if they possess any China visa […]
$RACE Ferrari (NYSE:RACE) says that accepting the delay to the introduction of the new Y 2021 regulations has likely put it at a disadvantage to its rivals, but it had to do so for the sake of F1. In the wake of the coronavirus pandemic upending the F1 season schedule, and teams likely to face […]
$RACE Agreeing to delay the all-new 2021 F1 regulations puts Ferrari (NYSE:RACE) facing the likelihood of being at a disadvantage compared to its rivals, says team Boss Mattia Binotto. As a result of the global coronavirus crisis, this year’s F1 season has been disrupted and forced major alterations for the motorsports’ championship’s future. It was […]
$RACE Yes, Ferrari’s (NYSE:RACE) factories are located in the center of Italy’s coronavirus tragedy, but the company has said it hopes to reopen its Maranello and Modena factories on 14 April provided it has guaranteed parts supplies. Investors expect Ferrari profitability to slow a bit in Y 2020 but recover and resume accelerating in Ys […]