#Ferrari #LeMans #Hypercar $RACE The 2020 Le Mans race is behind us, and now we look at the Y 2021 battle: for its 89th Edition, the 24-hr endurance race will see its Top tier revolutionized thanks to the introduction of the Le Mans Hypercar (LMH class). Ferrari (NYSE:RACE) has yet to express interest in this, […]
#Ferrari #F1 #winning $RACE The Big Q: How long will it take Ferrari to get back on Top in F1? The Big A: Not an easy one to answer, given that the problems run deep, it could take some time. Ferrari’s (NYSE:RACE) drop from race-winning team with frustrated title-challenging aspirations over the prior 3 seasons […]
#LeMans #Ferrari $RACE The GTE results In Le Mans GTE Pro, Aston Martin Racing out ran the field much as Toyota Gazoo did finishing 1st and 3rd in the Vantage, bracketing the AF Corse Ferrari 488 GTE Evo No. 51, with the No. 82 U.S.-based Risi Ferrari in 4th. In Le Mans GTE Am, Aston […]
#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 […]
#Ferrari #PortifinoM $RACE The current Ferrari (NYSE:RACE) Portofino is the least expensive Prancing Horse you can buy. It is front-engined, has 591 hp, and it starts at $215,000 in the US. It replaced the Ferrari California T in Y 2017, and now it is getting important upgrades for the Y 2021 model year. The differences […]
#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 #P4 #FordShelby #GT40 #Daytona #LeMans $RACE The P4 was built to take on the mighty Ford GT40s in the 1960’s and took glory at Daytona in Y 1967, but was unable to defeat the Ford/Shelby machine at Le Mans later that year. Only 4 were made and this car, chassis 0856, is owned by […]
#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 […]
#Ferrari $RACE The Squadra Corse Ferrari took a pair of competitive qualifying positions Saturday morning as the SRO GT World Challenge America entered the 2-H of the season at Road America (Elkhart Lake). The event is also the 1st to be open to race fans since the series’ March visit to Circuit of the Americas. […]
#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 #Challenge #CODA $RACE After an action-packed weekend at Indianapolis, the series is ready to return with a full field of Ferrari 488 Challenge Evo cars. Strong grids have been a hallmark of the Ferrari Challenge series in North America. This weekend’s round at Circuit of the Americas (CODA) is no different where the entry […]
#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 […]
#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 #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 #auction #online $RACE As collector car auctions moved online, collectors continue to buy rare and historically important cars. This week 1966 Ferrari 275 GTB Long Nose set the record for the most expensive car ever sold on the Internet. The berlinetta sold for a jaw-dropping $3.08-M at Gooding & Company’s Geared Online sale this week, according to a press […]
#Ferrari #F1 #Spanish #GrandPrix $RACE The 2nd 3X-header of this F1 season finishes this Sunday’s with 50th Spanish Grand Prix. The race takes place at the Barcelona-Catalunya Circuit. The 1st Spanish Grand Prix to count towards the F1 World Championship was held in Y 1951 at Pedralbes, near Barcelona, and has been a regular fixture […]
#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 […]
#USChina #trade No mater what you have heard, China is buying US goods as required. China is continuing to buy US goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other issues, White House economic adviser Larry Kudlow said Tuesday. Asked if deteriorating ties […]
#Ferrari #sportscar #F8 #Spider $RACE The F8 is Ferrari’s (NYSE:RACE) newest mid-engine, V8-powered 2-seater. Like its predecessors, the 458 and 488, the F8 experience is close to street-legal driving. The V8’s power is immediate. The interior controls are minimalist and logical, defying outdated stereotypes of Italian user-interface design. The best dual-clutch transmissions means gear changes […]
#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 […]
#Ferrari #stock $RACE A close look at the Ferrari (NYSE:RACE) weekly chart highlights the strength in Ferrari stock. Even before Monday’s rally, the stock was driving due North On the week that equity markets rolled over due to the coronavirus selloff, Ferrari shares were breaking out to highs. Unfortunately, the stock was also caught up […]
#Ferrari #profit #SF90 #Roma $RACE Ferrari (NYSE:RACE) narrowed the range of its full-year profit guidance toward the lower end after the Supercar-maker was forced to shutter factories for 7 wks because of the C-19 coronavirus chaos. The luxury carmaker’s decision to adjust the range shows that even the world’s most iconic brands are feeling the […]
#Ferrari #earningscall #outlook #Camilleri #SF90Stradale #C19Cronavirus $RACE CEO Louis Camilleri from the earnings call transcript: Welcome everyone. And thank you for joining us. As we had anticipated during our May Fall earnings call, our 2nd quarter results were weak across all Key metrics, but frankly, in line with our expectations. These results clearly reflect the […]
#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 #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 #Roma #auction #charity #SavetheChildren $RACE Continuing its philanthropic partnership with Save the Children, Ferrari (NYSE:RACE) will auction the earliest of the new Ferrari Roma to be delivered to North America with added Star-power from Maroon 5’s Adam Levine and his wife, supermodel and philanthropist Behati Prinsloo. They joined together today with Matteo Torre, President of Ferrari North America, for a […]
#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 #stock #Aristocrat $RACE Ferrari (NYSE:RACE) marked a closing all-time high Monday at 180.79, after marking an intraday high at 181.415 on the day. Ferrari’s market cap is $44.33-B and trades at 40.31 EPS, it pays a dividend of 0.69%. There is more Northside ahead, all Key technical indicators are flashing Very Bullish in here. […]
#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 #model #F164 BCB #EPA $RACE EPA fuel-economy ratings indicate that a new Ferrari model is on the way. The agency’s website has a listing for a “2021 Ferrari F164 BCB.” Ferrari has not discussed any details, but evidence points to an updated version of the Portofino convertible, or a variant. “F164” is Ferrari’s internal […]
#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 #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 […]
$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 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 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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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. […]
$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 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 […]
$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 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, […]
$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 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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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 […]
$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. […]