$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 Mr. Leonardo Fioravanti, 81 anni, is the designer behind much of the magic produced by Carrozzeria Pininfarina in the 1970’s and ’80’s and is celebrated as such by Ferrari (NYSE:RACE) afficianatoes world wide. To those that know, this affable, manicured gentleman is perhaps the most revered man in modern Ferrari design He is responsible […]
$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. […]
$RACE FLASH: Ferrari $RACE declares EUR 1.13/share annual dividend, 9.7% increase from prior dividend of EUR 1.03 ($1.558) Forward yield 0.69% Payable 5 May, for shareholders of record 21 April, ex-div 20 April. Sebastian Vettel, 32 anni, is no longer the main man at Ferrari (NYSE:RACE), but the 4X world champion, does not accept that […]
$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: MTA NYSE Total TradingDate(d/m/y) Number of common shares purchased […]
$RACE Ferrari (NYSE:RACE) debued off their 2020 Formula One car with a theatrical show of pride and passion last Tuesday, assuring fans that it was very different under the skin to last year’s model. The SF1000, marking the Italian team’s 1,000th race that comes up this year, is the car Ferrari hopes can end 6 yrs […]
$RACE The new Ferrari (NYSE:RACE) 488 Pista; “pista” means “track” in Italian. Ferrari has narrowed the Track/Road space putting an enormous amount of track technology into a road car that is designed, in the company’s words, “to offer a race-like experience even to non-professional drivers.” The Pista, which replaces the 458 Speciale in the Ferrari line, is […]
$RACE “Ask a boy to draw a car, and he will color it red,” —Enzo Ferrari Red is believed to be the “traditional” color for Ferrari, but this is a coincidence. When I think of a Ferrari (NYSE:RACE) I picture it in Red, but this was not the intent behind the iconic Italian luxury sportscar maker. […]
$RACE The car epitomizing La Nuova Dolce Vita is showcased for the 1st time globally outside the Eternal City Following its 1st global reveal during an exclusive event held in Italy’s iconic capital last November, the Ferrari Roma made its 1st appearance in the world on 7 February at a launch party held at Bulgari Hotel & […]
$RACE Tuesday, Ferrari (NYSE:RACE) unveiled its 2020 F1 car that team boss Mattia Binotto says takes design to the “extreme” as they seek to challenge for the title/s. The iconic Italian F1 team struggled last year, winning just 3 races as MercedesAMG dominated, but boss Binotto hopes they can take a step forward this season. […]
$RACE Since it was floated on the NYSE in October 2015, Ferrari (NYSE:RACE) has seen its shares rise from an opening price of 52 to a 52 wk high at 176.58 closing Monday at 167.55 in NY. The Maranello Outfit is making major efforts to please investors, including ramping up production and expanding into new, […]
$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, […]
$RACE Valtteri Bottas took victory in a fascinating 2019 Formula One Japanese Grand Prix Sunday as MercedesAMG wrapped up the constructors’ championship for a 6th year running. Ferrari (NYSE:RACE) claimed a 1-2 lockout on the grid in Sunday’s qualifying session, but Mr. Bottas jumped both Pole-sitter Sebastian Vettel and Charles Leclerc at the start before the latter collided […]
$RACE Ferrari (NYSE:RACE) signed new Performance bonus agreement for its Italian workforce, further investing in its employees Ferrari and the trade unions on 26 September signed a new Performance bonus agreement, which will be in force from Ys 2020 to 2023, in the context of the trade union relationships as normed by the Collective labour […]
$RACE Ferrari’s (NYSE:RACE) SF90, with the new higher downforce package, leap forward being able to retain Top Speed advantage relative to Mercedes. This came as a surprise to MercedesAMG’s Silver Arrows, whose Spec-3 update failed to live up to expectations and requires that it operates below its upper thresholds in order to hold on to […]
$RACE As today’s enthusiasts well know, classic cars are more than a hobby. They are a multi-billion-dollar industry, and Enzo Era Ferraris (1947-1972) are at the Top of the lists. Some devotees might complain that years of a strong collector market have raised prices for many desirable marques and models, but the rise in value […]
$RACE Ok, sure, buying an auto stock in a downturn seems counter-intuitive, but it works if you are buying Ferrari (NYSE:RACE). The stock is up big YTD and we see additional gains ahead for the Italian maker of iconic Supercars. Goldie analyst George Galliers upgraded shares of the Italian car company to Buy from Neutral, the equivalent of Hold, with […]
$RACE Cannot afford a Ferrari (NYSE:RACE) Supercar? Then the stock is your alternative, it is Hot too. A Ferrari fan could spend $215,000 on the entry level Portofino, the company’s newest convertible sports car, or buy 1,340 shares of the company, which is trading at 159.50 on the NYSE. And an ultra-rare 1960’sFerrari, like the […]
$RACE FLASH: Sebastian Vettel on the hunt for his 5th World F1 Championship Every Ferrari (NYSE:RACE) driver feels a heavy burden of expectation but the pressure is mounting more than ever on Sebastian Vettel, 31 anni, as the enters his 5th season with F1’s most successful and glamorous team. The comparisons with great the Ferrari […]
$RACE FLASH: They will all succeed current models or occupy entirely new slots in Ferrari’s Supercar lineup. Ferrari’s (NYSE:RACE) Vice President of Marketing Enrico Galliera said in an interview at the weekend that the Maranello Outfit has 5 new cars due for launch in Y 2019. “Five new models will come in 2019, which is […]
$RACE FLASH: 60% of Ferrari’s lineup will offer hybrid variants by Y 2022 Ferrari (NYSE:RACE) is aligned with the times, we are about to see a shift in the company’s offerings in the next 10 years. Ferrari’s next-generation hybrid will be unveiled this year according to comments made by Ferrari CEO Louis Camilleri during its latest […]
$RACE The United Arab Emirates (UAE) is very well regarded for its glitzy nightlife and luxury shopping, yet it can now lay claim to something really exciting, at least for people like me. Dubai may be home to the greatest architecture of the modern age including the world’s tallest chocolate sculpture, but tucked away out […]
$RACE These 2 LE Super Cars are Ferrari’s most powerful road cars of all time. Sight and Sound! When Ferrari (NYSE:RACE) took the wraps off of its retro SP1 and SP2 Monza Limited Edition cars aficionados cheered. They are unlike anything we have seen since Mercedes released its SLR McLaren Sterling Moss. The SP1 and SP2 are the 1st vehicles […]
$RACE, $AMZN, $MSFT, Ferrari (NYSE:RACE) ran a victory lap to be awarded the title of the world’s strongest brand, according to a new survey. Amazon (NASDAQ:AMZN) remains the world’s most valuable brand, and there has been a strong performance from Microsoft (NASDAQ:MSFT). The survey comes from the Brand Finance Global 500 for Y 2019, which measures the […]
$RACE In this column over the recent past, I have reported on Ferrari’s very strong profit margins, which average about 80,000/car. Ferrari is alone in the automotive world, as it reports adjusted earnings before interest, taxes, depreciation and amortization in the 25% to 30% range. These margins have been achieved by branding Ferrari as a […]
Ferrari (NYSE:RACE) Vs the Rise of EVs and Autonomous Driving $RACE, $VLKAY, $TSLA Ferrari (NYSE:RACE) investors should not be concerned about Electric Vehicles and Autonomous Driving Note: Automotive analysts are predicting that the rise of electric vehicles and autonomous driving will materially reshape the future of the automotive industry, with companies fighting to ensure they […]
Ferrari’s (NYSE:RACE) Tailor Made Program Highlighted in Japan $RACE Some Ferrari clienti just do not want a standard Ferrari After introducing the gorgeous J50 Special Edition at the end of Y 2016 to mark 50 years in Japan, Ferrari is now showing its appreciation for the Land of the Rising Sun. Highlighting the company’s Tailor Made division by […]
Ferrari (NYSE:RACE) ‘Quietly’ Prepares for Hybrid Introductions in 2020 $RACE Most of the cars built by Ferrari will be hybrid petrol-electric by Y 2022, the Italian luxury car manufacturer says including its newly announced FUV named the Purosangue, Italian for Thoroughbred. “By 2022, nearly 60% of the models we produce will be built around hybrid power-trains,” […]
Ferrari’s (NYSE:RACE) Latest Supercars Have No Tops or Windshields $RACE Ferrari’s (NYSE:RACE) Monza SP1 and SP2 cars are open, windshield-less, and equipped with the most powerful engine the company has ever built. Unveiled last month, the 2 Limited-Edition Supercars are the 1st in Ferrari’s new Icona series that pay homage to the Vintage and Classic […]
Ferrari (NYSE:RACE) Has Big Plans for Its Future $RACE Ferrari’s (NYSE:RACE) new CEO, Louis Camilleri, unveiled a new business plan on 18 September that includes reviving iconic models and embedding in them its F1 technology. Thus, significantly expanding Ferrari’s electric-gasoline hybrid powertrain offering and affirming plans to introduce a FUV (utility vehicle) that conforms to […]
It is Official, Ferrari (NYSE:RACE) to Build its FUV $RACE Ferrari (NYSE: RACE) made it official Tuesday, it is developing an FUV, a new model intended to appeal to its clienti who may want a the Maranello Outfit’s version of an SUV. The Big Q: Is Ferrari throwing away 70 years of hard-won exclusivity for a bottom-line […]
Ferrari (NYSE:RACE), the Rumor is 3 Special Editions Are Arriving Soon $RACE Rumors are circulating now that the Ferrari 812 Superfast is getting 3 Special Edition as soon as this month, including 1 that reportedly going to make its debut sometime during next week. Details are still scant, but multiple words from Ferrari owners’ forum Ferrari Chat have confirmed […]
Ferrari’s (NYSE:RACE) Portofino Take’s the ‘Red Dot’ Award for Design $RACE The Ferrari Portofino is recognized for its ground-breaking design Red Dot awards also for the 812 Superfast And the FXX K EVO Ferrari (NYSE:RACE) has received the Red Dot: Best of the Best award for the ground-breaking design of the Portofino, Ferrari’s new V8-engined […]
Ferrari (NYSE:RACE) The Company, Its DNA $RACE Vision: Ferrari is iconic Italian Excellence that makes the world dream Mission: Ferrari build Supercars, symbols of Italian excellence the world over, and it does so to win on both road and track. They are unique creations that fuel the Prancing Horse legend and generate a “World of […]
Profile: Ferrari’s (NYSE:RACE) New Boss Post-Marchionne $RACE, $FCAU Ferrari’s (NYSE:RACE) new boss Louis Camilleri, 63 anni, is an international tobacco industry veteran just may have what is needed to guide the iconic Italian luxury Supercar maker on its next lap forward, analysts and industry insiders are saying. Mr. Camilleri was appointed Ferrari CEO on 21 July, […]
Abu Dhabi’s Etihad to Allow Passengers to Take Supercars on Holiday Fly your Supercar from the UAE to destinations around the world, courtesy Etihad’s new FlightValet service Foreign Summer vacations, for most, involve a fair bit of driving. For the hoi polloi, that means looking up car rental rates and booking that pocket-friendly hatchback. But […]
Ferrari’s (NYSE:RACE) Stock ‘Clean Air Ahead’ $RACE Shares of Ferrari (NYSE:RACE) are + 35% YTD, but they came off their highs to consolidate the last Bull leg that Topped at 149.85 a few weeks ago. Ferrari finished Monday in NYC at 136.38, +1.02, or +0.75%, the market is closed. And there looks to be more […]
Ferrari’s (NYSE:RACE) Stock Broke Out Marking New 52 Wk Highs $RACE Ferrari is the world’s #1 Automotive Brand, and a Aristocrat stock. Ferrari (NYSE:RACE) marked a 52-wk high on the week, and now has 154.86 target or 4.00 % above Friday’s close in New York at 148.90/share. The chart is Very Bullish and indicates low risk […]
Ferrari (NYSE:RACE), Some Details on the New Hypercars $RACE, $F Last week we learned that Le Mans will have a new Top Class in Y 2020, with prototype design and road car looks, but the degree to which the class would balance was not unclear. Today, we have more details on how this will look […]
Ferrari’s (NYSE:RACE) Michigan Dealer Debuts Major Expansion $RACE Michigan’s only Ferrari dealership debuted its $5-M expansion when it opened for business on Monday inside a 53,000sqf store in the Detroit suburbs. Cauley Ferrari, in West Bloomfield, put the finishing touches on a makeover to match the luxury sports cars it has been selling there since […]
Ferrari’s (NYSE:RACE) CEO Points Out, “Tesla is Not a Supercar” $RACE, $TSLA There is more to Supercars that straight-line speed. Thursday, Ferrari reported solid F-Y 2017 earnings and its shares posted all time highs. On the earnings call, CEO Sergio Marchionne spoke with analysts on a conference call taking questions about a rumored all-electric Supercar. […]
Ferrari’s (NYSE:RACE) Supercars Drive Stock Prices Higher $RACE Ferrari (NYSE:RACE) attributes its big numbers to its big V12 cars, as its GTC4Lusso, the LaFerrari Aperta and the F12tdf as particularly strong performers. Looking ahead, the company confirmed its outlook for unit sales of 9,000, including the V-12 supercars, and net revenues of more than $3.61-B. […]
Ferrari’s (NYSE:RACE) Supercars are Iconic, That is By Design $RACE “Design is the translation of Art into Engineering” I have know about and been fascinated by Ferrari (NYSE:RACE) since I 1st learned of it in the pages of a Y 1953 article about Jim Kimberly in my father’s Esquire Magazine. Jim Kimberly was the scion […]
Ferrari (NYSE:RACE) Delivers for Investors and Clienti $RACE “La migliore Ferrari mai realizzata è la prossima”– Enzo Ferrari* Ferrari (NYSE:RACE) delivered an *ROE (return on equity) of 115.78% over the past 12 months, which is an impressive given the industry average of 16.45% during the same frame. The impressive ratio tells us that Ferrari has […]
Ferrari’s (NYSE:RACE) Shares Dipped on Profit Taking Last Week $RACE Ferrari stock (NYSE:RACE) traded on a negative note on the week ended 10 November, and settled at 109.56, or -6.7%, on profit taking after marking an all time high at 121.14 on 3 November. The worst weekly loss for Ferrari stock in the past 9 months. […]
Ferrari (NYSE:RACE) Trading at 52 Wk Highs Ahead of Earnings Call $RACE Ferrari (NYSE:RACE) is set to report Q-3 Y 2017 earnings before the opens on 2 November. Last Quarter, the company delivered a positive earnings of 19.7%. It also surpassed estimates in each of the trailing 4 Quarters, with an average beat of 27.9%. The […]
Ferrari (NYSE:RACE) Q-3 Earnings Call on 2 November $RACE Wednesday, shares in Maranello, Italy HQ’d Ferrari (NYSE:RACE) finished at 115.32 in New York. The stock recorded a trading volume of 528,216 shares. The Company’s shares have gained over 4% MTD, 9% over the prior Q, and 98% YTD. Ferrari is trading 1.41% and 31.02% above its 50-Day and […]
Ferrari (NYSE:RACE) Celebrates 70th Anni at Rockefeller Center $RACE Ferrari (NYSE:RACE) is celebrating its 70th Anniversary this year. To commemorate this iconic event The Scuderia went on tour, putting some of its most important cars for display in major cities around the world. Earlier this month, Ferrari came to NYC, and set up displays in […]
Ferrari (NYSE:RACE) “No plans to develop all-electric cars” $RACE Frankfurt Auto Show: Ferrari (NYSE:RACE), and Volkswagen’s (OTCMKT:VLKAY) Lamborghini are working on hybrid versions of their Supercars, but have no plans for now to develop wholly electric models, executives at the 2 companies said at the Frankfurt car show earlier this week. Michael Leiters, CTO (chief technology […]
Ferrari (NYSE:RACE) Trading Above Its 50-Day MA $RACE Ferrari shares outperform Ferrari (NYSE:RACE) finished Wednesday at 110.95 significantly higher than the 50-Day MA at 99.00 and which is way above the 200-Day MA at 81.32. The 50-Day MA moved up 11.26%whereas the 200-Day MA is +35.59%. RACE shares saw light trading volume with 376-K/shares changing hands […]
On 70 Yrs of Ferrari’s (NYSE:RACE) World Wide Brand Presence $RACE The 70th Anni of Ferrari (NYSE:RACE) is a great opportunity to look into the future, and to stop and look back. “This is because, in this company, as you know, the best Ferrari is the next one. This comes from founder Enzo Ferrari no […]
Ferrari (NYSE:RACE) 70 Yrs of Speed and Style Began with 125S $RACE 70 years have passed since the 1st car to bear the iconic Ferrari badge left the factory gates in Italy in Y 1947. Thus began the evolution of Ferrari. Now, a major new exhibition at London’s Design Museum, Ferrari Under the Skin, celebrates “one […]
Ferrari Celebrated its 70th Anni at Windsor Castle $RACE Last weekend Ferrari celebrated its 70th Anni in UK offering an exclusive opportunity to tour the Her Majesty’s Windsor Great Park on private land which is part of the Windsor Castle Estate. To celebrate the 70th Anniversary of Ferrari, Her Majesty The Queen granted permission for 70 selected […]
Enzo Ferrari and His Super Cars $RACE The Life of Enzo Ferrari, creator of the most iconic Italian car brands, will be celebrated during a special exhibition setting up this Fall in London. The London Design Museum in Kensington High Street, London W8 6AG, will host the Ferrari Exhibition to commemorate the 70th ann of Ferrari (NYSE:RACE), […]
Ferrari (NYSE:RACE) Outperforming Tesla (NASDAQ:TSLA) $RACE, $TSLA, $F, $GM Ferrari (NYSE:RACE) has outperformed Tesla, the hyper growth company, since it went public in October 2015. Ferrari, celebrating it’s 70 anni this year, has returned 64% while Tesla has returned 46% during that time frame despite the fact Tesla’s revenue growth is expected to average 10X […]
Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes $RACE Thursday, Ferrari (NYSE:RACE), the iconic Italian maker of Supersports and racing cars, reported a 60% increase in Q-1 net profit (22% operating profit margin) on strong sales of some of its highest-powered and highest-priced models. Ferrari’s revenue and profit both beat all analyst expectations, and shares […]
Ferrari (NYSE:RACE) Shares Up as Higher Supercar Output Lifts Profit $RACE, $TSLA, $GM, $F Last week Tesla (NASDAQ:TSLA) grabbed the headlines by becoming America’s most valuable carmaker, but it is the small iconic Italian carmaker Ferrari (NYSE:RACE) that is rewarding shareholders lately, with a 74% rise in the company’s stock price over the past year. Ferrari’s […]
Ferrari (NYSE:RACE), 70 anni, the Biggest Brand in the Automobile Business $RACE, $F, $FCAU Enzo Ferrari’s passion was motorcar racing, road cars were a necessary distraction. Without the road cars, Scuderia Ferrari as we know it today would not exist. As the Commendatore Ferrari built road cars to sell to wealthy customers to fund his […]
Celebrating Ferrari’s (NYSE:RACE:) Iconic Brand Heritage $RACE In celebration of the brand’s rich automobile heritage, Alfardan Sports Motors, the official dealer of Ferrari in Qatar organised an exclusive visit to Letbelah, the private museum of Omar Alfardan. The tour offered Qatar’s clienti, for the 1st time, a rendezvous with the classic models of The Scuderia’s […]
The Astonishing Ferrari 488 GTB, LTN’s 2016 ‘Car of the Year’ $RACE Ferrari builds 5 types of cars for the Road & Track: F1 racecars, sports cars, GT cars, Supercars, and limited edition HyperSupercars Of these the most important for Ferrari’s reputation are the sports cars that run on the Road. The only things more […]
The XX Program is the Ultimate Expression of Ferrari (NYSE:RACE) Ownership $RACE The XX program and F1 Clienti programs are the Dream of Dreams for Ferrari owners, taking Ferrari ownership the Tier 1 mark with the chance to drive the most extreme Ferraris on some of the best circuits in the world. The cars of […]
The “Big 5” of Modern Ferrari’s Assembled by Jay Leno on 1 Track $RACE Jay Leno is nota Ferrari fan, he does not have one in his extensive collection, but he recently found someone in Southern California who has several, that being Pasadena, California jewelry and watch dealer David Lee. Mr. Lee runs a successful […]
Ferrari (NYSE:RACE) is a Very Profitable Company $RACE Last October, Ferrari (NYSE:RACE) was spun off from Fiat-Chryler (NYSE:FCAU), and the company is very profitable. On 8 July the stock closed at 41.25 and my Key indicators all turn Bullish, and I announced my 2016 Q-4 target at 56/share, Tuesday it hit 54.18 on the way […]
Manual Transmissions are in the History Books at Ferrari (NYSE:RACE) $RACE There was a time when gated manual transmissions aka “sticks” were synonymous with performance cars, no more at Ferrari. Ferrari is the latest automaker to retire the clutch pedal, a move that may seem like a gut punch to fans of stick shifts, […]
Ferrari (NYSE:RACE) Celebrates its 70th Anni in 2017 $RACE Next year, Ferrari celebrates its 70th Anniversary. for the milestone event the iconic Italian sports and Supercar maker came up with 70 different liveries, aka paint jobs to celebrate it. Below are several of them, for the complete showing go to Ferrari 7oth Anni Line-up […]
Ferrari (NYSE:RACE) a Bullish ‘Battleground’ Stock $RACE, $FCAU, $F Ferrari (NYSE:RACE) is an issue that I am strong on. On the 60 open the stock was an easy short, but as the subsequent decline bottomed, many analysts turned Bullish on a valuation basis. Ferrari is not a “me-too” car company and it deserves a much […]
Friday at “The Quail” MotorSports Gathering The Quail, A MotorSports Gathering is a good place to reveal a world premiere concept car with a difference. Friday at The Quail, Ken Okuyama unveiled his radical kode57 Supercar concept in Carmel-by-The Sea, California. Now those familiar with Supercar design will know that the renowned Japanese designer led […]
Ferrari (NYSE:RACE) Price Target 56/Share at Morgan Stanley $RACE Ferrari NV (NYSE:RACE) had its price target lifted by Morgan Stanley from 54.00 to 56.00 in a research note published on Wednesday, StockTargetPrices.com reports. Morgan Stanley currently has an overweight rating on the stock. The firm has a 50-Day MA of 44.16 and a 200-Day MA […]
Ferrari (NYSE:RACE) Marketing ‘Genius” Maintains Brand Mystique $RACE Selling more cars is not the strategy behind Ferrari marketing genius Enrico Galliera. For him selling too many cars is a problem. And maintaining exclusivity is the Key to maintaining the brand’s mystique and allure. “I have the big responsibility to keep alive this dream that is called […]
Ferrari’s Supercars Driving Record Breaking Earnings $RACE Iconic Italian automaker Ferrari, NV (NYSE:RACE) posted better-than-expected Quarterly numbers last Tuesday, helped by strong demand for its Supercars from Europe and China and margins strengthened by Special Edition and Tailor Made examples. The business that was spun off from Fiat Chrysler Automobiles (NYSE:FCAU), confirmed its full-year revenue […]
Ferrari (NYSE:RACE) Beat Analysts Expectations $RACE Ferrari NV’s (NYSE:RACE) Q-2 profit beat expectations as Supercar sales in China rose along with plans to boost margins with more Special-Edition vehicles. Adjusted earnings before interest and taxes jumped 26% to EUR 156-M ($175-M), beating an average estimate of EUR 134.9-M from 7 analysts surveyed. Revenue increased 5.9% to […]
Ferrari: The DNA of the World’s Most Influential Brand is Racing $RACE The entire DNA of the most influential in the world, Ferrari, comes from the race track. Enzo Ferrari founded Scuderia Ferrari to build race cars, it was later he decide to create road cars to fund his racing operation Ferraris as luxurious they […]