Ferrari (NYSE:RACE) New Car Sales + 11% in Q-3, Profit Doubles

Ferrari (NYSE:RACE) New Car Sales + 11% in Q-3, Profit Doubles

Ferrari (NYSE:RACE) New Car Sales + 11% in Q-3, Profit Doubles $RACE Ferrari’s (NYSE:RACE) sales mix favored the entry level Portofino convertible in Q-3 rather than its high-margin Limited-Edition models on availability, weighing a bit on the Italian company’s earnings. Investors are looking for reassurance that CEO Louis Camilleri can maintain Ferrari’s strong growth achieved […]

Tributes Pour in for Ferrari CEO Marchionne Who Died Tuesday

Tributes Pour in for Ferrari CEO Marchionne Who Died Tuesday

Tributes Pour in for Ferrari CEO Marchionne Who Died Tuesday $RACE, $FCAU Sergio Marchionne, who engineered turnarounds to save both Fiat and Chrysler from near-certain failure, has died at 66 anni. Tributes are pouring in from automotive leaders about Sergio Marchionne’s skill, creativity and determination in saving Chrysler and Fiat from near-certain financial ruin. General […]

Ferrari’s (NYSE:RACE) CEO Had Shoulder Surgery, Board Meets, He is Out FCA

Ferrari’s (NYSE:RACE) CEO Had Shoulder Surgery, Board Meets, He is Out FCA

Ferrari’s (NYSE:RACE) CEO Had Shoulder Surgery, Board Meets, He is Out at FCA $RACE, $FCAU The boards of Fiat Chrysler, Ferrari (NYSE:RACE) and CNH Industrial have been called to meet in Italy in light of CEO Sergio Marchionne’s surgery. The three boards were called to separate meetings in Turin, Italy Saturday to consider the prolonged […]

Fiat-Chrysler (NYSE:FCAU) 5-Year Plan Due Friday

Fiat-Chrysler (NYSE:FCAU) 5-Year Plan Due Friday

Fiat-Chrysler (NYSE:FCAU) 5-Year Plan Due Friday $FCAU, $RACE Fiat Chrysler (NYSE:FCAU) boss Sergio Marchionne, 65 anni, is expected to outline new plans for electric and hybrid cars in a strategy presentation Friday, 1 June, aiming to ensure the world’s 7th-largest carmaker remains the Top performer in the worldwide automotive sector behind Ferrari (NYSE:RACE) Mr. Marchionne […]

F1: Ferrari’s Marchionne Liberty’s Malone to Stay in His Own Lane

F1: Ferrari’s Marchionne Liberty’s Malone to Stay in His Own Lane

F1: Ferrari’s Marchionne Liberty’s Malone to Stay in His Own Lane $RACE Ferrari’s boss does not want to see F1 ‘diluted by commercial and entertainment factors’ Ferrari Chairman/CEO Sergio Marchionne wants F1 owners Liberty Media to back off and let Ferrari get on with the business of making F1 cars. Recently, Mr. Marchionne said he […]

Ferrari’s (NYSE:RACE) 2018 F1 Racer Will be a ‘Monster’ or…

Ferrari’s (NYSE:RACE) 2018 F1 Racer Will be a ‘Monster’ or…

Ferrari’s (NYSE:RACE) 2018 F1 Racer Will be a ‘Monster’ or… $RACE Wednesday from the floor of the Detroit North American International Auto Show, Sergio Marchionne said it ispossible Ferrari has put together a “Monster” of a Formula 1 car for 2018, or … The Y 2017 F1 constructor championship runner-up is calling its new car ‘Project 669,’ and […]

Ferrari (NYSE:RACE), An Electric Supercar is Coming

Ferrari (NYSE:RACE), An Electric Supercar is Coming

Ferrari (NYSE:RACE), An Electric Supercar is Coming $RACE All Ferrari’s will have have a hybrid component by Y 2019 Ferrari (NYSE:RACE) the world’s Top preformer in the automotive sector has indicated that is will enter the EV (electric car) space. Tuesday, CEO Sergio Marchionne said at the Detroit International Auto Show that the iconic Italian […]

F1: Ferrari (NYSE:RACE) Is Formula One, Ross Brawn Knows It

F1: Ferrari (NYSE:RACE) Is Formula One, Ross Brawn Knows It

F1: Ferrari (NYSE:RACE) Is Formula One, Ross Brawn Knows It $RACE, $FCAU Liberty Media’s Managing Director of Motorsports, Ross Brawn sent a olive branch disguised as a warning to Ferrari (NYSE:RACE) after its latest F1 quit threats and seems confident the motorsport can survive if the iconic Italian manufacturer ankled. Mr. Brawn, eager to please […]

F1: Take Ferrari’s (NYSE:RACE) Threat to Quit Formula One Seriously

F1: Take Ferrari’s (NYSE:RACE) Threat to Quit Formula One Seriously

F1: Take Ferrari’s (NYSE:RACE) Threat to Quit Formula One Seriously $RACE Recently Bernie Ecclestone the former Boss of F1 said that he believes Ferrari’s (NYSE:RACE) threats to quit F1 racing should be taken very seriously, fearing the sport may not be able to survive without its most iconic team on the grid. Ferrari CEO and […]

F1: Liberty Media Must Take Ferrari’s (NYSE:RACE) Boss at His Word

F1: Liberty Media Must Take Ferrari’s (NYSE:RACE) Boss at His Word

F1: Liberty Media Must Take Ferrari’s (NYSE:RACE) Boss at His Word $RACE Ferrari is Formula 1, and Formula 1 is Ferrari John Malone, the chief of Liberty Media (BE:LM09) must take Ferrari Boss Sergio Marchionne at his word, when he declares, “I am prepared to quit F1, and start an alternative Tier 1 motorsport series…” […]

F1: Ferrari (NYSE:RACE) Expects a ‘Calmer’ Sebastian Vettel in 2018

F1: Ferrari (NYSE:RACE) Expects a ‘Calmer’ Sebastian Vettel in 2018

F1: Ferrari (NYSE:RACE) Expects a ‘Calmer’ Sebastian Vettel in 2018 $RACE “I think that we will see less of his emotional side,” says Ferrari CEO Marchionne. “I think he has learned enough.” Sergio Marchionne expects to see a calmer Sebastian Vettel in Y 2018, with the Ferrari boss saying ‘Seb’ has learned to control his […]

F1: Ferrari (NYSE:RACE) Will Improve in 2018

F1: Ferrari (NYSE:RACE) Will Improve in 2018

F1: Ferrari (NYSE:RACE) Will Improve in 2018 $RACE Ferrari (NYSE:RACE) F1 Team Boss, Sergio Marchionne, says he expects The Scuderia to improve next year. Last season, Ferrari lead driver, Sebastian Vettel, was wheel to wheel with eventual champion Lewis Hamilton until Ferrari’s season collapsed in the space of 3 Fall races. CEO Marchionne said the […]

F1: Ferrari’s (NYSE:RACE) CEO: “F1 walking a tightrope in America”

F1: Ferrari’s (NYSE:RACE) CEO: “F1 walking a tightrope in America”

F1: Ferrari’s (NYSE:RACE) CEO: “F1 walking a tightrope in America” $RACE, $FCAU F1 is walking a tightrope as new owners Liberty Media plan to grow the sport in America, Ferrari Chairman Sergio Marchionne warns. Mr. Marchionne, who is also CEO of Fiat Chrysler (NYSE:FCAU), recognized there was a big opportunity to win new audiences in […]

F1: Ferrari’s (NYSE:RACE) CEO Marchionne Bullish Vettel

F1: Ferrari’s (NYSE:RACE) CEO Marchionne Bullish Vettel

F1: Ferrari’s (NYSE:RACE) CEO Marchionne Bullish Vettel $RACE Time is running down for Ferrari (NYSE:RACE) and Sebastian Vettel, but CEO Sergio Marchionne says Lewis Hamilton can be caught. Sebastian Vettel is not out of the F1 driver’s chanpionship race despite Ferrari’s mechanical issues, and The Scuderia’s car is on par with MercedesAMG’s, says company CEO […]

CEO Marchionne Drives Ferrari (NYSE:RACE) to All-time Highs

CEO Marchionne Drives Ferrari (NYSE:RACE) to All-time Highs

CEO Marchionne Drives Ferrari (NYSE:RACE) to All-time Highs $RACE, $FCAU, $SPY Ferrari (NYSE:RACE) has blown past former parent Fiat Chrysler Automobiles (NYSE:FCAU) in the race that might matter most, that being  market capitalization. Ferrari was spun off from FCA in October 2015, and its stock has been on the rise since early July 2016, when […]

Some People Buy Lamborghinis Because They Can’t Get A Ferrari (NYSE:RACE)

Some People Buy Lamborghinis Because They Can’t Get A Ferrari (NYSE:RACE)

Some People Buy Lamborghinis Because They Can’t Get A Ferrari (NYSE:RACE) $RACE, $FCAU Sergio Marchionne thinks some people buy Lamborghinis because of not being on the list for a Ferrari. Mr. Marchionne’s statement was made during an interview with Car Magazine, and his affirmation was blunt It is stuff of legend that some of people […]

F1: Marchionne Cast Doubts on Ferrari (NYSE:RACE) Team Driver

F1: Marchionne Cast Doubts on Ferrari (NYSE:RACE) Team Driver

F1: Marchionne Cast Doubts on Ferrari (NYSE:RACE) Team Driver $RACE Sebastian Vettel must “drive with composure, be more calm, less agitated” if he wants to remain in the Ferrari Formula 1 Team beyond Y 2017, Ferrari President Sergio Marchionne said Tuesday. Mr. Vettel saw a difficult 2nd season with Ferrari in Y 2016, failing to […]

F1: Ferrari’s Sergio Marchionne’s On Hand for Singapore GP

F1: Ferrari’s Sergio Marchionne’s On Hand for Singapore GP

F1: Ferrari’s Sergio Marchionne’s On Hand for Singapore GP $RACE The Scuderia’s lead driver, Sebastian Vettel, understands fully that Ferrari (NYSE:RACE) President Sergio Marchionne will be on hand at Singapore to support the Team, his presence is welcome given the ‘high level’ of competition between Ferrari, Red Bull and MercedesAMG. Notably, last year Mr. Vettel won […]