Ferrari (NYSE:RACE) on Track to Reach Full Production this Week

Ferrari (NYSE:RACE) on Track to Reach Full Production this Week

$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 […]

F1: 2021 Budget Caps Risk Angering Ferrari

F1: 2021 Budget Caps Risk Angering Ferrari

$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 […]

F1: Ferrari (NYSE:RACE) is Committed!

F1: Ferrari (NYSE:RACE) is Committed!

$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 […]

Ferrari (NYSE:RACE) Will Play “Hard Ball” on Talk of Capping F1 Budgets

Ferrari (NYSE:RACE) Will Play “Hard Ball” on Talk of Capping F1 Budgets

$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 […]

Ferrari (NYSE:RACE) is ‘On Track’ Going Back to Work

Ferrari (NYSE:RACE) is ‘On Track’ Going Back to Work

$RACE Workers at Ferrari (NYSE:RACE) are signing up en masse for voluntary coronavirus screening so they can return to work as soon as possible in an ambitious plan that may serve as a blueprint for manufacturers around the world anxious to restart production. Under its “Back on Track” project, Ferrari staff, families and suppliers first […]

Ferrari (NYSE:RACE) Is Not a ‘Short’ in Here

Ferrari (NYSE:RACE) Is Not a ‘Short’ in Here

$RACE Ferrari (NYSE:RACE) stock is down just 2.5% Y-Y, when even the S&P 500 is down 11% over the same frame Ferrari is a luxury brand and trades at 35.01 PE/ratio (TTM), surprising considering the coronavirus chaos. The Big Q: Why is this happening and is it short selling opportunity? The Big A: Because Ferrari […]

Ferrari (NYSE:RACE) Stock ‘Races’ Ahead Despite World Virus Chaos

Ferrari (NYSE:RACE) Stock ‘Races’ Ahead Despite World Virus Chaos

$RACE COVID-19 is no match for the world’s Ferrari (NYSE:RACE) lovers, as the iconic Italian Supercar maker’s sales are strong despite the coronavirus chaos that has hammered the rest of the automotive sector. Since 23 March Ferrari stock has risen sharply about 25% with its stock +7% in the last week. Automobile makers like Ford […]

Ferrari (NYSE:RACE) Trades ex-Dividend on 5 May

Ferrari (NYSE:RACE) Trades ex-Dividend on 5 May

$RACE Ferrari (NYSE:RACE) will pay its annual dividend of 1.13 on 5 May 20. As a percentage of RACE’s closing price Friday at 161.34, this dividend works out to approximately 0.70% share Below are dividend history charts for Ferrari showing historical dividends prior to the most recent Ferrar declared. Ferrari is the Aristocrat of the […]

Ferrari (NYSE:RACE) Annual Shareholders Meeting Results

Ferrari (NYSE:RACE) Annual Shareholders Meeting Results

$RACE Ferrari (NYSE:RACE) announced today that all resolutions proposed to Shareholders at the Ferrari’s Annual General Meeting of Shareholders held today in Amsterdam, the Netherlands, were passed. The Shareholders approved the 2019 Annual Accounts, expressed a positive advice with respect to the Remuneration Report 2019 and approved a dividend in cash of Euro 1.13 per […]

Ferrari (NYSE:RACE) Stock Races Ahead Despite Coronavirus Recession, Demand ‘Far Outstrips Supply’

Ferrari (NYSE:RACE) Stock Races Ahead Despite Coronavirus Recession, Demand ‘Far Outstrips Supply’

$RACE Shares Ferrari (NYSE:RACE) whose iconic Supercars have proven to be very resilient during the worldwide health crisis downturn, and the company appears well-positioned to weather the overall slowdown in auto manufacturing. Since the market hit a coronavirus crisis-level low point on 23 March Ferrari stock has made a comeback, rising over 20% since then. […]

Ferrari (NYSE:NYSE) Culture: Passion, History, Legend, Myth…It is Italian!

Ferrari (NYSE:NYSE) Culture: Passion, History, Legend, Myth…It is Italian!

$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 […]

Ferrari (NYSE:RACE) Delays Restart at Maranello and Modena Plants

Ferrari (NYSE:RACE) Delays Restart at Maranello and Modena Plants

$RACE Ferrari (NYSE:RACE) is extending the suspension of production at its Maranello and Modena plants by about 3 wks to 3 May after Italy’s government extended a nationwide lockdown. Ferrari, and Fiat Chrysler (NYSE:FCAU), 1st announced in mid-March that it was halting production in Italy due to disruptions in component parts shipments because of the coronavirus, it extended […]

The Automotive Market Has Gone into the Deep Freeze Except for Ferrari (NYSE:RACE) the Sector’s Aristocrat

The Automotive Market Has Gone into the Deep Freeze Except for Ferrari (NYSE:RACE) the Sector’s Aristocrat

$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 […]

Virtual Tour of Ferrari World Abu Dhabi

Virtual Tour of Ferrari World Abu Dhabi

$RACE The World’s 1st Ferrari inspired theme park with record breaking thrill rides, family adventures, magical journeys and world class entertainment featuring the world’s fastest rollercoaster, Formula Rossa, Flying Aces with its’ record breaking world tallest loop, the brand new turbo track and the forthcoming Mission Ferrari alongside family favourites such as the Scuderia challenge, […]

F1: Ferrari (NYSE:RACE) Will Work Hard to Mitigate the Impact of the C-virus on the Season

F1: Ferrari (NYSE:RACE) Will Work Hard to Mitigate the Impact of the C-virus on the Season

$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 […]

Ferrari’s (NYSE:RACE) ‘Back on Track’ Program to Reopen Factories on 14 April

Ferrari’s (NYSE:RACE) ‘Back on Track’ Program to Reopen Factories on 14 April

$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 […]

January 2022 Options Now Available for Ferrari (NYSE:RACE)

January 2022 Options Now Available for Ferrari (NYSE:RACE)

$RACE Ferrari’s (NYSE:RACE) new options begin trading Tuesday, for the January 2022 expiration. Note: 1 of the Key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 654 days until expiration the newly trading contracts represent a potential opportunity for sellers of Puts or Calls […]

F1: Ferreri’s (NYSE:RACE) Vettel Still on Mission

F1: Ferreri’s (NYSE:RACE) Vettel Still on Mission

$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 […]

F1: Seb Vettel in Contract Negotiations with Ferrari

F1: Seb Vettel in Contract Negotiations with Ferrari

$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 […]

Ferrari’s (NYSE:RACE) Periodic Report on Buyback Program

Ferrari’s (NYSE:RACE) Periodic Report on Buyback Program

$RACE Ferrari(NYSE/MTA:RACE) announces that under the Third Tranche of the common share buyback program announced on 14 November 2019, the Company has purchased additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange (MTA) as follows: TradingDate(dd/mm/yyyy)   Stock Exchange Number of common shares purchased   Average […]

F1: Ferrari (NYSE:RACE) Backed the Rule Change for the Benefit of the Motorsport

F1: Ferrari (NYSE:RACE) Backed the Rule Change for the Benefit of the Motorsport

$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 […]

F1: Ferrari (NYSE:RACE) at a Disadvantage on the Virus Delayed Season

F1: Ferrari (NYSE:RACE) at a Disadvantage on the Virus Delayed Season

$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 […]

Ferrari (NYSE:RACE) 2020 Outlook

Ferrari (NYSE:RACE) 2020 Outlook

$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 […]

Ferrari’s (NYSE:RACE) Periodic Report on Buyback Program

Ferrari’s (NYSE:RACE) Periodic Report on Buyback Program

$RACE Ferrari (NYSE/MTA:RACE) announces that under the 3rd tranche of the common share buyback program announced on 14 November 2019, the Company has purchased additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange (MTA) as follows: TradingDate(dd/mm/yyyy)   Stock Exchange Number of common shares purchased   […]

Ferrari (NYSE:RACE) “Continues to Create Value for All Stakeholders…”

Ferrari (NYSE:RACE) “Continues to Create Value for All Stakeholders…”

$RACE Ferrari (NYSE:RACE) has extended the shutdown of its 2 plants to 14 April, at which time it will restart production. All activities that can be conducted via smart working will continue to be performed, as has been the case in recent weeks. Ferrari will cover all days of absence to those unable to take advantage […]

Ferrari (NYSE:RACE) Periodic Report on the Buyback Program

Ferrari (NYSE:RACE) Periodic Report on the Buyback Program

$RACE Ferrari N.V. (NYSE/MTA:RACE) informs that the Company has purchased, under the 3rd tranche of the common share buyback program announced on 14 November 2019, additional common shares – reported in aggregate form, on a daily basis on the Italian Stock Exchange (MTA) as follows: TradingDate(dd/mm/yyyy)   Stock Exchange Number of common shares purchased   […]

20 November Options Trading for Ferrari (NYSE:RACE)

20 November Options Trading for Ferrari (NYSE:RACE)

$RACE Investors in Ferrari NV (NYSE:RACE) saw new options become available this week, for the 20 November expiration. 1 of the Key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 239 days until expiration the newly available contracts represent a possible opportunity for sellers […]

F1: Ferrari’s (NYSE:RACE) Winter Testing Pace ‘True’

F1: Ferrari’s (NYSE:RACE) Winter Testing Pace ‘True’

$RACE Ferrari (NYSE:RACE) is adamant its pace in testing was “true” after suggestions the team was ‘sandbagging’ with its new SF1000 racer. Sebastian Vettel and Charles Leclerc both strayed from Top times across the 6 days of testing in Barcelona last month, instead trying to understand the new car as the team aims to end […]

Ferrari’s (NYSE:RACE) Portofino, What a Car!

Ferrari’s (NYSE:RACE) Portofino, What a Car!

$RACE You will not see a Portofino around again until the coronavirus lockdowns are finished, these Ferrari race horses are stabled for now. Ferrari (NYSE:RACE) designers say styling inspiration for the Portofino came from the Ferrari Daytona of the 1970’s. But I see Portofino as Ferrari’s interpretation of a comfortable long-distance Grand Touring car (which […]

Ferrari (NYSE:RACE) to Debut its Thoroughbred ‘FUV’ with High Speed Genetics in 2021 Barring a Coronavirus Long Term Factory Shutdown

Ferrari (NYSE:RACE) to Debut its Thoroughbred ‘FUV’ with High Speed Genetics in 2021 Barring a Coronavirus Long Term Factory Shutdown

$RACE When Enzo Ferrari launched his iconic Italian luxury carmaker in Y 1949, he never thought that his sports cars will have an SUV or Shooting Brake variant. As recently as Y 2016, former Ferrari (NYSE:RACE) Boss Sergio Marchionne had said, “You have to shoot me 1st.” But the world has moved beyond those men’s […]

Ferrari (NYSE:RACE) Backs Plan to Delay 2021 F1 Rules by a Year

Ferrari (NYSE:RACE) Backs Plan to Delay 2021 F1 Rules by a Year

$RACE Ferrari (NYSE:RACE) F1 Team Boss Mattia Binotto says his team will back a move to delay the Y 2021 rules package for a year, insisting now is not the time to be ‘selfish‘. Earlier this week, 9 of the current 10 racing teams gave their support to a radical plan to hold back on […]

Ferrari’s (NYSE:RACE) F1 Team Boss Binotto on the Coronavirus

Ferrari’s (NYSE:RACE) F1 Team Boss Binotto on the Coronavirus

$RACE Ferrari’s F1 Team Boss Mattia Binotto is a man with 1 of the biggest jobs in motorsport, here he discusses the impact of the coronavirus on The Scuderia Italy, home of Ferrari (NYSE:RACE), has taken dramatic measures to control the spread of coronavirus across the country and this has an impact on the way […]

Ferrari, Fiat Join Coronavirus Ventilator Efforts

Ferrari, Fiat Join Coronavirus Ventilator Efforts

$RACE $FCAU Italy is at the epicenter of the pandemic and its government has embarked on a big expansion of the number of intensive care beds, many of which will require ventilators to keep patients alive by taking over breathing functions. Siare Engineering, Italy’s largest manufacturer of hospital ventilators, has turned to Italian automakers Ferrari (NYSE:RACE) and Fiat […]

Ferrari (NYSE:RACE) Stock Price is Very Resilient in Here

Ferrari (NYSE:RACE) Stock Price is Very Resilient in Here

$RACE Ferrari (NYSE:RACE) stock price has been very resilient during this virus crisis. At its current price, it is around 20% off its 52-wk highs, far outperforming the S&P 500. This is despite operating a luxury automotive business in Italy that has been heavily hit by the virus. Ferrari designs, engineers, produces and sells ultra […]

F1: The Ferrari (NYSE:RACE) Engine Dust-up is Finished

F1: The Ferrari (NYSE:RACE) Engine Dust-up is Finished

$RACE F1 driver Charles Leclerc “trusts” both Ferrari (NYSE:RACE) and the FIA to keep everything above board and says for him the 2019 engine saga is “done”. Last season rivals questioned the legality of Ferrari’s power unit. They wrote to the FIA querying the engine’s fuel flow system, resulting in 2 Technical Directives being issued. […]

Ferrari (NYSE:RACE) Periodic Report on Share Buyback Program

Ferrari (NYSE:RACE) Periodic Report on Share Buyback Program

$RACE Maranello, 16 March 2020 – Ferrari (NYSE/MTA: RACE) announces that under the third tranche of the common share buyback program announced on 14 November 2019 (“Third Tranche”), the Company has purchased additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange (MTA) as follows: TradingDate(dd/mm/yyyy) Stock Exchange […]

F1: Ferrari (NYSE:RACE) Team in Self Isolation

F1: Ferrari (NYSE:RACE) Team in Self Isolation

$RACE Ferrari’s (NYSE:RACE) F1 team have all gone into self-isolation since their return from the Australian Grand Prix. The move is a precaution, as no member of the team have so far had any symptoms of the coronavirus, Ferrari said. Ferrari F1 team members who travelled to Melbourne are to be in quarantine for 14 […]

UAE Shutters Ferrari World and Louvre Abu Dhabi

UAE Shutters Ferrari World and Louvre Abu Dhabi

$RACE  The United Arab Emirates said Saturday it was shutting major tourism and cultural venues to contain the spread of coronavirus and announced a $27-billion plan to counter the outbreak’s economic impact. Attractions such as the Louvre Abu Dhabi museum and the Ferrari World theme park will be closed from 15-31 March, the Abu Dhabi […]

F1: Ferrari (NYSE:RACE) Shuts Maranello Factory Down

F1: Ferrari (NYSE:RACE) Shuts Maranello Factory Down

$RACE Ferrari (NYSE:RACE) has shut its Maranello factory including its F1 operations in response to the global coronavirus pandemic. With Italy being 1 of the countries in Europe that has been impacted the most by the virus outbreak, the Italian government has imposed a strict lockdown across the entire nation to try to limit community […]

Ferrari (NYSE:RACE) is Oversold

Ferrari (NYSE:RACE) is Oversold

$RACE There is a savvy Wall Street adage that advises: “be fearful when others are greedy, and be greedy when others are fearful“. A Key way to measure the level of fear in a given stock is through a technical analysis indicator called the RSI (Relative Strength Index), RSI measures momentum on a scale of […]

Ferrari World Abu Dhabi’s Coaster Lab

Ferrari World Abu Dhabi’s Coaster Lab

$RACE There is a place that will get anyone psyched about attending classes, and it is the Ferrari World Abu Dhabi amusement park on Yas Island in Abu Dhabi, UAE. Visitors with children can now do that, as of this month, a special ‘edutainment’ program for schools is available, called Coaster Lab. Its aim is […]

F1: Ferrari (NYSE:RACE) May Pull Out of the Australian Grand Prix on Virus Issues

F1: Ferrari (NYSE:RACE) May Pull Out of the Australian Grand Prix on Virus Issues

$RACE Headlines: Ferrari Team Boss Mattia Binotto said the team would need travel assurances before travelling and Australian Grand Prix bosses has said the race is ‘all systems go‘ Ferrari (NYSE:RACE) has threatened to pull out of the Melbourne Grand Prix due to coronavirus fears.  Ferrari team Boss Mattia Binotto said the team wants to compete in the F1 season opener […]

F1: Ferrari (NYSE:RACE) says Seb Vettel’s Engine Shutdown During Last Week’s Testing Not an Issue

F1: Ferrari (NYSE:RACE) says Seb Vettel’s Engine Shutdown During Last Week’s Testing Not an Issue

$RACE Ferrari (NYSE:RACE) have gotten to the bottom of Sebastian Vettel’s engine problem at the 1st pre-season F1 test in Spain last week and are not worried about it, the team said Monday. The Scuderia spokesman said the engine was stripped and checked back at their Maranello factory after the failure at the Circuit de […]

Ferrari (NYSE:RACE) is Showing Us Details of How the SF90 Hybrid Supercar is Built (Video)

Ferrari (NYSE:RACE) is Showing Us Details of How the SF90 Hybrid Supercar is Built (Video)

$RACE Deliveries of Ferrari’s (NYSE:RACE) SF90 Stradale begins later this year, and the Maranello Outfit has shared vision detailing the production process of this innovative hybrid Supercar. The SF90 Stradale comes to life through a combination of advanced robots and computers and very highly-skilled craftsmen. And at Ferrari humans play a much more significant role in […]

F1: MercedesAMG Suspects Ferrari is Down Playing It’s True Pace

F1: MercedesAMG Suspects Ferrari is Down Playing  It’s True Pace

$RACE Champions MercedesAMG suspect Ferrari (NYSE:RACE) are considerably faster than the Italian team let on in F1’s 1st pre-season test in Spain, with the gap between the Top 3 and the rest closing. Teams have 6 days of testing before the season-opener in Australia on 15 March and the engineers have lots of data to […]

Ferrari’s (NYSE:RACE) Portofino Does 0-100 KM/H in Acceleration Test

Ferrari’s (NYSE:RACE) Portofino Does 0-100 KM/H in Acceleration Test

$RACE The all-new Ferrari (NYSE:RACE) Portofino is a super-GT without equal now. We know that Ferrari does not like acceleration tests, but it should like this 1. The Portofino is the successor to California, which was criticized at 1st, but matured into a good entry-level Ferrari.  Hidden under the elegant functional bodywork is a brand […]

The Bull Case for Ferrari (NYSE:RACE) is Strong

The Bull Case for Ferrari (NYSE:RACE) is Strong

$RACE Ferrari (NYSE:RACE) is the Top world in the automotive sector and beyond brand It makes the finest and most sought after Super and Hyper Supercars in the market with the highest margin generating strong EPS and paying an annual dividend in just a few years since its October 2015 IPO, a spinoff from Fiat-Chrysler. […]

1958 Ferrari 335 S Spyder Wins 5th Annual The Peninsula Classics Best Of The Best Award

1958 Ferrari 335 S Spyder Wins 5th Annual The Peninsula Classics Best Of The Best Award

$RACE The 5th Peninsula Classics Best of the Best Award has been won by a 1958 Ferrari 335 S Spyder Scaglietti, completing yet another wonderful story of automotive redemption. This 1 of 4 Ferrari factory team cars spent a long period of its life abandoned, before being reclaimed, restored and returned to prominence. The Ferrari […]

Ferrari(NYSE:RACE) Analysts’ Forecast

Ferrari(NYSE:RACE) Analysts’ Forecast

$RACE Following the latest results, Ferrari’s (NYSE:RACE) 16 analysts are now forecasting revenues of €4.12-B in Y 2020. This would be a 9.5% improvement in sales compared to the last 12 months. Statutory EPS are expected to accumulate 7.8% to €4.02. Before this weeks earnings report, analysts had been forecasting revenues of €4.07-B and EPS […]

Ferrari (NYSE:RACE) Upgrades Guidance Across the Board

Ferrari (NYSE:RACE) Upgrades Guidance Across the Board

$RACE Ferrari (NYSE:RACE) upgraded guidance across its Key financial metrics for the full year ahead, beyond its “2020 plan“. The iconic Italian company now sees net revenues above €4.1-B, representing an 8.5% increase compared to the F-Y 2019 revenues of €3.776-B result. Ferrari investors are more Bullish on its Y 2020 growth and earnings outlook […]

Ferrari (NYSE:RACE) Posts Record Supercar Sales and Boosts 2020 Profit Estimate

Ferrari (NYSE:RACE) Posts Record Supercar Sales and Boosts 2020 Profit Estimate

$RACE Ferrari (NYSE:RACE) boosted its Y 2020 forecasts for sales and earnings after the Supercar maker posted record deliveries, a sign that CEO Louis Camilleri’s model-range renewal is working and gathering momentum. The Maranello Outfit launched a record 5 new models in Y 2019, including the Roma Coupe with a front-mounted 620-horsepower engine, which helped […]

F1: MercedesAMG Could Leave Lewis Hamilton to Join Ferrari

F1: MercedesAMG Could Leave Lewis Hamilton to Join Ferrari

$RACE MercedesAMG is back in the headlines this week, as news leaked that they were considering leaving F1 for the Y 2021 season. The Big Q: Could the reigning F1 World Constructors’ champions really be about to walk, or drive, away from the sport that they have dominated for the last 7 years? The Story Autocar broke […]

Ferrari (NYSE:RACE) Celebrates its Success at Le Mans 24 Hours

Ferrari (NYSE:RACE) Celebrates its Success at Le Mans 24 Hours

$RACE Museo Ferrari (NYSE:RACE) in Maranello is staging a special exhibition marking Ferrari’s Le Mans 24 Hours story. The star attraction is a 166MM Barchetta Touring like the car used to take Ferrari’s 1st Le Mans win in Y 1949. Also on stage is the 275P that won the Y 1964 edition of the race […]

Ferrari’s (NYSE:RACE) Approach to Electric-cars is Cautious

Ferrari’s (NYSE:RACE) Approach to Electric-cars is Cautious

$RACE  Ferrari’s (NYSE:RACE) patent application images show a 2-seater car, though the technology could be applied in a different body style Ferrari has approached electrified cars with caution, and we only saw it introduce its 1st plug-in hybrid with the SF90 Stradale last year. Yes, there was the LaFerrari, but the KERS-style hybrid system was hardly for efficiency, just […]

FERRARI (NYSE:RACE): 812 GTS, the V12 Spider Returns

FERRARI (NYSE:RACE): 812  GTS, the V12 Spider Returns

$RACE The 812 GTS where speed meets elegance LIBERTY HAS NEVER BEEN SO EASY  The aim in developing the 812 GTS was to retain the exhilarating feeling of speed and power delivered by the berlinetta version in terms of accelerating, response times and agility.  TRADITION NEVER FAILS  Exactly 50 yrs on from the debut of the last Spider in the Ferrari […]

F1: Ferrari (NYSE:RACE) 2020 Has What it Needs to Win

F1: Ferrari (NYSE:RACE) 2020 Has What it Needs to Win

$RACE Ferrari (NYSE:RACE) has everything a F1 team needs to succeed including huge financial resources, an in-house engine supply and a rich history capable of luring the most talented individuals in the sport onto its payroll. Yet for the past 11 yrs, those ingredients have failed to bring the iconic Italian team a championship. We […]

Ferrari’s (NYSE:RACE) New 812 Prototype Seen Motoring Around Maranello

Ferrari’s (NYSE:RACE) New 812 Prototype Seen Motoring Around Maranello

$RACE Recall in late Y 2018 the FerrariChat forum gave us the word that Ferrari (NYSE:RACE) planned 3 Special Editions of the 812Superfast. We saw one of them last November, in the targa-topped 812 GTS. The 2nd was rumored to go even further with the undress, boasting a speedster-like form omitting the roof entirely as well as most of the windshield. […]

Ferrari (NYSE:RACE): Watch How the New Plug-in Hybrid SF90 Stradale Is Made (Video)

Ferrari (NYSE:RACE): Watch How the New Plug-in Hybrid  SF90 Stradale Is Made (Video)

$RACE This year will see launch of what is probably the most exciting and important Ferrari in years. Even for an automaker that has repeatedly pushed the industry forward, the new SF90 Stradale is a journey into uncharted territory. Not only is the car the Maranello Outfit’s 1st plug-in hybrid, it is also its most powerful car yet. Powered […]

Daytona and Le Mans Racers Will Develop Prototypes Suitable for Both 24-hour Races

Daytona and Le Mans Racers Will Develop Prototypes Suitable for Both 24-hour Races

$RACE The Rolex 24 and 24 Hours of Le Mans are alike in 1 way, time, but different because the featured cars have their differences. That will change, as the 2 sanctioning bodies governing those events struck an agreement to develop a Top-tier prototype that will carry the name LMDh capable of capturing the overall […]

2020: Ferrari’ (NYSE:RACE) Portofino, an Everyday Supercar

2020: Ferrari’ (NYSE:RACE) Portofino, an Everyday Supercar

$RACE The effortlessness of the Portofino’s steering and available added tech, such as parking-assist cameras and a touch-screen user interface, make the Portofino Ferrari’s (NYSE:RACE) most driveable car ever. The Portofino has a new sister car, the Roma Coupe, with a new interior design and updated UX, featuring a touch screen in the center stack. […]

2020: Rolex 24 Ready to Kick Off Racing Season

2020: Rolex 24 Ready to Kick Off Racing Season

$RACE The 2020 national motorsports schedule is about to come to life with the 58th running of the Rolex 24 at Daytona International Speedway. High-speed runs over Daytona’s 3.56-mile road course began Wednesday with practice laps for cars participating in Rolex 24 ancillary events, such as the Michelin Challenge and Ferrari Challenge featuring an all-Ferrari […]

Ferrari’s (NYSE:RACE) Company Profile

Ferrari’s (NYSE:RACE) Company Profile

$RACE Ferrari (NYSE:RACE) through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars and consumer goods. The company offers sports, GT, and special series super cars, limited edition hyper supercars, Fuori series, 1-off, F1 and other track cars, and Icona cars. It also provides non-registered racing cars; and spare parts and engines, […]

2020: Ferrari’s (NYSE:RACE) Corporate Calendar

2020: Ferrari’s (NYSE:RACE) Corporate Calendar

$RACE Ferrari (NYSE/MTA: RACE) announced today the following corporate calendar for year 20201: Earnings Releases 4 February 2020 – Group results for 4th Quarter and F-Y 2019 4 May 2020 – Group results for 1st Quarter 2020 3 August 2020 – Group results for 2nd Quarter 2020 3 November 2020 – Group results for 3rd […]

2020: Ferrari (NYSA:RACE) is a Favorite at Bank of America Merrill Lynch

2020: Ferrari (NYSA:RACE) is a Favorite at Bank of America Merrill Lynch

$RACE, $BAC Just In: Bank of America Merrill Lynch lists Ferrari (RACE) +0.3%) as 1 of its Top 40 picks for Y 2020. The firm thinks Ferrari’s business strategy will help it outpace all automotive sector members in revenue and earnings growth, it has no peers BAML’s price target of 230 means a +30% Northside and […]

New Flying Car Concept Was Inspired by Old Ferrari F1 Racers

New Flying Car Concept Was Inspired by Old Ferrari F1 Racers

$RACE Lazzarini Design Studio is not looking to the sky or future for its latest flying vehicle concept. Instead it’s drawing on a decidedly more earthbound source for inspiration: Ferrari (NYSE:RACE) designed F1 race cars from the 1950’s. Dubbed the FD-One, the Rome-based design firm’s new concept is a 2-seat flying car with a distinctly retro-futurist vibe. […]

F1: Remembering Ferrari’s 1st F1 Championship Winner

F1: Remembering Ferrari’s 1st F1 Championship Winner

$RACE Jose Froilan Gonzales was an unlikely-looking racing driver, he was burley, they called ‘El Cabezon‘ and he claimed Ferrari’s 1st world championship F1 race win. José Froilán González (5 October 1922 – 15 June 2013) was an Argentine racing driver, particularly notable for scoring Ferrari’s 1st win in a Formula One World Championship race at the 1951 British Grand Prix. He […]

President Trump: “Had Very Good Talk With China on Trade and…”

President Trump: “Had Very Good Talk With China on Trade and…”

Friday, President Trump Tweeted Friday that he had “a very good talk” with President Xi Jinping of China on trade and that Beijing “has already started large scale purchases of agricultural products and more.” “Formal signing being arranged,” President Trump said in the post, in which he noted further that “progress” was being made because he and […]

US May Impose 100% Tariffs on EU Goods

US May Impose 100% Tariffs on EU Goods

$BA, $EADSY The Trump Administration may place 100% tariffs on European goods that had been absolved from such duties, including such storied products as Irish & Scotch whiskies and Cognac. The Office of the United States Trade Representative published a list Thursday of additional European goods now under consideration for the tariffs amid the fallout […]

Ferrari’s (NYSE:RACE) CEO Talks About the Future

Ferrari’s (NYSE:RACE) CEO Talks About the Future

$RACE Ferrari (NYSE:RACE) has stabilized over a year after the death of Sergio Marchionne. And Louis Camilleri who took over as CEO of Ferrari in July 2018 following the death of Sergio Marchionne has a somewhat softer touch. Ferrari stock has soared in the time since, and its future as a luxury brand is tightly […]

Ferrari’s (NYSE:RACE) Financial Power Unit Set Up to Run Strong into Year’s End

Ferrari’s (NYSE:RACE) Financial Power Unit Set Up to Run Strong into Year’s End

$RACE HQ’d in Maranello, Italy, founded in Y 1947, Ferrari (NYSE:RACE), designs, engineers, produces and sells luxury high performance sports cars and lots more. In addition to its racing and vehicle manufacturing operations, Ferrari licenses its brand to various producers and retailers of luxury and lifestyle goods and has recently tied-up with Giorgio Armani to revamp and […]

Ferrari (NYSE:RACE): SWB Stands for ‘Short Wheelbase Berlinetta’ (Video)

Ferrari (NYSE:RACE): SWB Stands for ‘Short Wheelbase Berlinetta’ (Video)

$RACE This is a 1960’s Italian GT at its finest. If you’re like so many enthusiasts, you find the 1960’s Ferrari GTs to be some of the most attractive vintage vehicles around. That helps drive the extreme prices we see in private treaty sales transactions and auctions alike. And yes, there is more to it […]

Ferrari’s (NYSE:RACE) Binotto Speaks of Development

Ferrari’s (NYSE:RACE) Binotto Speaks of Development

Ferrari’s (NYSE:RACE) F1 car development has “exceeded expectations” this season and the amount of downforce it has added has had knock-on effects, says team boss Mattia Binotto. The team started Y 2019 with a car that had less peak downforce than its chief rival MercedesAMG as Ferrari pursued a lower-drag concept to give it a […]

Ferrari’s (NYSE:RACE) Plan: Build its Luxury Brand

Ferrari’s (NYSE:RACE) Plan: Build its Luxury Brand

$RACE Since taking over as CEO Louis Camilleri has largely shunned the spotlight, shunning the media and commenting publicly about the business only during Quarterly conference calls and once at the presentation of its new 5 year industrial plan. Being a tobacco executive offered relevant lessons for running Ferrari, Mr. Camilleri said in his 1st […]

Why Ferrari (NYSE:RACE)? Strong Earnings and Cash Flow

Why Ferrari (NYSE:RACE)? Strong Earnings and Cash Flow

$RACE Shares of the iconic Italian Supercar maker Ferrari (NYSE:RACE) hit an all-time high earlier this week after the company increased its F-Y guidance following strong Q-3 earnings. The Quarter’s operating profit rose 12% from a year ago, to 227 million euros ($251 million), on sales increases in Europe and Asia. Following the strong results, the company boosted its […]

Ferrari (NYSE:RACE) Confirms it is a ‘Luxury Brand’

Ferrari (NYSE:RACE) Confirms it is a ‘Luxury Brand’

$RACE Ferrari’s (NYSE:RACE) landmark tie-up with Giorgio Armani will offer clothing and accessories more refined and artisanal than anything currently licensed with the brand’s iconic Scuderia mark.  The iconic Italian Supercar maker’s CEO Louis C. Camilleri, announced Monday during its Q-3 earnings call with investors that Ferrari had entered a “long-term manufacturing agreement” with luxury […]

Ferrari’s (NYSE:RACE) Gap Open Monday, Is It a ‘Breakaway?’

Ferrari’s (NYSE:RACE) Gap Open Monday, Is It a ‘Breakaway?’

$RACE People are asking, can RACE sustained Monday’s move? Monday, Ferrari (NYSE:RACE) announced an EPS beat of 0.04 and a Top-line beat of over $25+M. On Top of the earnings results, management raised guidance for the year as Supercar shipments for the Quarter rose by a healthy 9%. In the technical chart there is a large gap […]

Ferrari’s (RACE) CEO Louis Camilleri on Q-3 Y 2019 Results

Ferrari’s (RACE) CEO Louis Camilleri on Q-3 Y 2019 Results

$RACE Ferrari (NYSE:RACE) to capitalise on brand as it promises to deliver faster growth Strong sales of Ferrari’s Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook Monday, with a new brand strategy promising even more growth. Ferrari’s Milan-listed shares rose as much as 7.4% to an all-time high of […]

President Trump Drops Some Tariffs on Chinese Goods, Stocks Rally

President Trump Drops Some Tariffs on Chinese Goods, Stocks Rally

$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks rallied Tuesday after the White House announced that it will delay the 10% tariff rate for some items imported from China until 15 December. President Trump told reporters he wanted to delay the tariffs so consumers would not be hurt during the Christmas shopping season and said he […]

President Trump Looking Closely at SEC’s ‘Dark Regulation/s’

President Trump Looking Closely at SEC’s ‘Dark Regulation/s’

$BTC FLASH: President Trump focusing on dark regulation at SEC The Trump Administration issued a memorandum strongly discouraging regulatory dark matter/s. The memo instructs federal agencies to submit all policy-making rules to Congress to be vetted under the Congressional Review Act, even if these rules come in the form of informal guidance. The Trump Memo […]

EU Cannot Not Rely on US Growth to Help

EU Cannot Not Rely on US Growth to Help

FLASH: President Trump’s top economic adviser offered sharp criticism of the European Central Bank’s (ECB) revival of stimulus measures to spur the EU’s economy. National Economic Council Director Larry Kudlow said that a ECB decision Thursday to extend a new round of cheap loans to the banking system wouldn’t be enough to fix the continent’s […]

White House Hails China Trade Truce

White House Hails China Trade Truce

White House Hails China Trade Truce The Trump Administration is celebrating the 90-day truce it reached in its trade dispute with China as a significant breakthrough despite some skepticism that Beijing will yield to US demands anytime soon. “This is just an enormous, enormous event,” Larry Kudlow, President Donald Trump’s Top economic adviser, said of […]

US China Trade Talks Back On

US China Trade Talks Back On

US China Trade Talks Back On President Donald Trump’s top economic adviser said Tuesday that the United States was talking again with China on trade, calling it a “very positive” development. “Right now we’re having communications at all levels of the US and Chinese governments,” National Economic Council Director Larry Kudlow said in a TV […]

President Trump, “I Think We’ll Make a Deal With China on Trade”

President Trump, “I Think We’ll Make a Deal With China on Trade”

President Trump, “I Think We’ll Make a Deal With China on Trade” US  President Donald Trump said Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the 2 countries’ differences but warning that he still may impose more tariffs on Chinese […]

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing The Trump Effect has Made America Great Again, and Is Keeping America Great! The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which continues to underpin economic growth. The labor market, which is […]

The Trump Economy: Consumer Confidence Rises 18-Year High

The Trump Economy: Consumer Confidence Rises 18-Year High

The Trump Economy: Consumer Confidence Rises 18-Year High US consumer confidence rose to an 18-year high in September as households grew more upbeat about the labor market, pointing to sustained strength in the economy despite an increasingly bitter trade dispute between the US and China. While other data Tuesday showed a moderation in house price […]

President Trump Sees Gain From China Tariffs as Worth US Pain

President Trump Sees Gain From China Tariffs as Worth US Pain

President Trump Sees Gain From China Tariffs as Worth US Pain The Trump Administration said it needs to confront China over its trading practices to defend US long-term interests even as escalating tariffs may cause discomfort for American consumers. Inaction by the US would leave the American economy and consumers worse off over the longer […]

President Trump: “Time to Take a Stand on China After Tariff Move”

President Trump: “Time to Take a Stand on China After Tariff Move”

President Trump: “Time to Take a Stand on China After Tariff Move” US President Donald Trump hit out at China days after announcing another round of tariffs, signaling the trade dispute will not end soon. “It’s time to take a stand on China,” President Trump said in an interview late Thursday with Fox News. “We have no […]

President Trump Imposed Tariffs on Chinese Goods

President Trump Imposed Tariffs on Chinese Goods

President Trump Imposed Tariffs on Chinese Goods $AAPL, $FIT Monday after the stock market closed, USPresident Trump President Donald Trump said he will impose 10% tariffs on about $200-B worth of Chinese imports, but he spared smart watches from Apple (NASDAQ:AAPL) and Fitbit Inc (NYSE:FIT) and other consumer products such as bicycle helmets and baby car […]

President Trump’s Chinese Tariff Announcement Dampen Sentiment

President Trump’s Chinese Tariff Announcement Dampen Sentiment

President Trump’s Chinese Tariff Announcement Dampen Sentiment $DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street dipped Monday, with tech shares leading the retreat, as investors prepared for another tranche of US tariffs on Chinese goods. This latest round of tariffs is expected to slap a duty of around 10% on $200-B worth of Chinese goods. Beijing […]

The Trump Tax Cut Driving Strong Business Investment

The Trump Tax Cut Driving Strong Business Investment

The Trump Tax Cut Driving Strong Business Investment Shipments of core capital goods rose 0.9% last month after an upwardly revised 0.9% gainer in June. US economy is growing at a 4.6% annualized rate in the third quarter following the government’s data on new-home sales and costs, the Atlanta Federal Reserve’s GDPNow forecast model showed […]

US Producer Price Index Flat, Restraining Inflation Fears

US Producer Price Index Flat, Restraining Inflation Fears

US Producer Price Index Flat, Restraining Inflation Fears $DIA, $SPY, $QQQ, $RUTX, $VXX US wholesale prices were unchanged in July after 2 months of increases, indicating inflation pressures have softened a bit. Thursday, the Labor Department said that the PPI (producer price index) which measures price changes before they reach the consumer increased 3.3% last month […]

China’s Trade Grows in June Despite Dust-up with US

China’s Trade Grows in June Despite Dust-up with US

China’s Trade Grows in June Despite Dust-up with US $ZTCOF ZTE Corp (OTCMKT:ZTCOF), China’s 2nd-largest telecommunications equipment maker to resume business. China’s trade grew by 2X digits in June despite mounting tensions with the US but the government warned it will face “rising instabilities and uncertainties.” Customs data Friday showed exports rose 11.3% over a […]

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors $DIA, $SPY, $QQQ, $RUTX, $VXX Now, with 6 months of wrangling over trade tariffs with the United States has wiped out 22% and counting of China’s stock market value and driven its currency down sharply. Those moves are just the beginning on what may be coming. Shanghai’s benchmark […]

President Trump Staking US Trade Position Vs China and the World

President Trump Staking US Trade Position Vs China and the World

President Trump Staking US Trade Position Vs China and the World The US trade figures for February that were released this week and showed a widening deficit. President Donald Trump’s policies over the past year have been calculated to increase the size of the US trade and current account deficits. One could easily say that the […]