|Bid||144.40 x 800|
|Ask||144.46 x 800|
|Day's Range||142.90 - 144.56|
|52 Week Range||93.85 - 149.85|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||32.17|
|Earnings Date||Jan 31, 2018 - Feb 5, 2018|
|Forward Dividend & Yield||0.85 (0.64%)|
|1y Target Est||145.89|
The Mercedes team made history at April’s Azerbaijan Grand Prix, becoming the first in the sport’s history to begin a season with four consecutive one-two finishes, before repeating the result a fortnight later in Spain. Since entering their race team in 2010, Mercedes has won five double world championships — securing top ranking for its drivers and construction team — on the spin and appear on course to make it six. During pre-season testing in Spain, Ferrari appeared to have the advantage.
Italians say only two things truly unite them: the Azzurri national football team and Ferrari. It can be the pinnacle of working lives for those who take charge of either team. This season Ferrari has a new man in charge, team principal Mattia Binotto.
When Liberty Media bought Formula One’s commercial rights for $8bn in January 2017, the talk was of how the US-based media company would financially re-energise the sport by adding new sponsors and innovative marketing strategies. , a former Rupert Murdoch and Fox senior executive and Liberty Media’s choice to run the Formula One Group, to strike a new agreement with F1 racing teams on how the revenue from the sport was to be shared. What is known as the Concorde Agreement was first struck in 1981 between Bernie Ecclestone, then F1’s boss, and the sport’s governing body, the FIA.
Meanwhile, the atrocious 1971 Morris Marina was technologically less sophisticated than the 1948 Morris Minor it was derived from. If the British were never terribly good at the mass-market, they were, in the years after the second world war, very good at designing and making racing and sports cars, the subject of Peter Grimsdale’s interesting, but flawed, new book. Alas, High Performance never rises above the level of a well-meaning school project: the literary equivalent of a Morris Marina.
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One week from now, Ferrari and its best clients will gather in Maranello for a three-day event to introduce a mid-engined hybrid supercar slotting in above the 812 Superfast. A report in Auto, Motor und Sport purports to fill in some of the engine details and power output we've been wondering about. The German magazine says there'll be a twin-turbo V8 amidships, the same 3.9-liter unit from the F8 Tributo, aided by three electric motors.
Maranello (Italy), 20 May 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the common share buyback program announced on 28 December.
In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Consumer Editor Jeremy Korzeniewski and Green Editor John Beltz Snyder. First, they discuss the news, including the Chevy Trailblazer, Ferrari to stop providing Maserati with engines, an upcoming Ferrari Hybrid, Elon Musk's sex jokes and the reveal of the McLaren GT.
As discovered by Ferrari Chat and reported by Motor1, an Instagram user by the name Lambolife (@9000lambo) and a friend were out cruising in Europe when they ran across what looks like a Ferrari prototype, possibly a hybrid based on the F8 Tributo. The pair got the car on video as they were chasing it down the road and into a parking lot where the prototype driver tried to hide.
A rare Ferrari with an estimated value of $2.2 million was stolen during a test drive in Germany. The car has been recovered but German police are still hunting the suspect. Police in Germany are still on the hunt for a man who drove off with a rare Ferrari while taking it for a test drive.
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A documentary chronicling Formula One legend Michael Schumacher is in the works and will be released Dec. 5 in Europe. The film, "Schumacher," is being made to tell the racing driver's story. Schumacher is widely regarded as the greatest Formula One driver of all time with his seven world championships.
A field full of abandoned, old Ferraris is not a common sight. Silodrome originally found and published a story about these lonely looking Ferraris. The owner (name unknown) was an attorney who acquired 13 Ferraris over the course of his successful career.
Why Ferrari’s Q1 Results Impressed Investors(Continued from Prior Part)Analysts on Ferrari stockAccording to the latest consensus data compiled by Thomson Reuters, 36% of analysts covering Ferrari (RACE) gave its stock “buy” recommendations.
Why Ferrari’s Q1 Results Impressed Investors(Continued from Prior Part)Ferrari’s EV-to-EBITDA multipleAs of May 8, Ferrari’s (RACE) forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization)
Why Ferrari’s Q1 Results Impressed Investors(Continued from Prior Part)Ferrari’s Q1 2019 earningsOn Tuesday, Ferrari (RACE) reported its earnings results for the quarter ended in March 2019. During the quarter, a 22.7% YoY rise in its car
Why Ferrari’s Q1 Results Impressed Investors(Continued from Prior Part)Ferrari’s Q1 2019 profitabilityIn the first quarter, Ferrari (RACE) reported a 14.3% YoY rise in its adjusted EBITDA to 311 million euros. The company’s adjusted EBITDA
Why Ferrari’s Q1 Results Impressed Investors(Continued from Prior Part)Ferrari’s revenue in Q1 2019In the first quarter, Ferrari’s (RACE) shipments to China, Taiwan, and Hong Kong surged 79.2% YoY, which helped the company boost revenues.
Why Ferrari’s Q1 Results Impressed Investors(Continued from Prior Part)Ferrari’s Q1 2019 revenueIn the first quarter, Ferrari (RACE) reported net revenue of 940 million euros, up 13.1% from 831 million euros in the first quarter of 2018. During
The Ferrari Q1 earnings call was full of information, and perhaps the biggest revelation was that Ferrari is going to stop supplying engines to Maserati. CEO Louis Camilleri broke the news, and The Motley Fool posted a transcript of the whole call online. "Eventually, we will no longer supply engines to Maserati, which actually from our perspective is actually a good thing, both from a margin perspective, but also the fact that we can transfer a lot of the labor that's been focused on the engines to the car side of the business," Camilleri says.
Sean Stannard-Stockton of Ensemble Capital says investors can look for companies that have pricing power and sell their own branded products.