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COLLECTION OF COVETED SUPERCARS LEADS FINAL ENTRIES FOR BROAD ARROW’S INAUGURAL ZOUTE CONCOURS AUCTION
Globenewswire· 2025-09-18 17:28
Core Insights - The Zoute Concours Auction will feature a prestigious collection of collector cars, including notable supercars from The Aleggria Collection, and is set to take place on October 10, 2025, in collaboration with Zoute Grand Prix Car Week [1][4][17] Auction Highlights - The auction catalogue includes over 75 highly desirable models, with a focus on supercars and significant memorabilia items [2] - The Aleggria Collection features seven standout cars, including a 1990 Ferrari F40, a 1987 Porsche 959 Komfort, and a 1992 Bugatti EB110 GT, all curated for their originality and condition [6][8] - Daniel Ricciardo's Aston Martin Valkyrie and the unique 1998 Lamborghini Pregunta concept are also key highlights of the auction [3][10][11] Estimated Values - The 1990 Ferrari F40 is estimated between €3,000,000 and €3,200,000, while the 1987 Porsche 959 Komfort is estimated at €1,700,000 to €1,900,000 [8] - The 1992 Bugatti EB110 GT has an estimated value of €1,500,000 to €1,800,000, showcasing its rarity with only 84 GT versions produced [8] - Daniel Ricciardo's Aston Martin Valkyrie is estimated between €2,400,000 and €2,800,000, reflecting its unique specifications and low mileage [10] Motorsport Significance - The auction will also feature historically significant motorsport cars, including the 1976 24 Hours of Spa-winning BMW 3.0 CSL and a Group B Citroën BX 4TC with only 190 km from new [12] - Additional notable entries include a 1970 Ferrari 365 GTB/4 Daytona Competizione and a 1989 Lancia Delta HF Integrale 8V Martini [12] Auction Format - Broad Arrow Auctions will present 26 collector cars without reserve, providing opportunities for both new and established collectors [14] - The auction will take place at Approach Golf in Knokke-Heist, with previews held from October 8 to 10, 2025 [4][17]
Exor Press Release - H1 2025 Results
Globenewswire· 2025-09-17 15:35
Amsterdam, 17 September 2025 EXOR NAV PER SHARE OUTPERFORMS MSCI WORLD INDEX In the first half of 2025, Exor’s net asset value (NAV) per share outperformed the MSCI World Index by 5 percentage points, supported by €1 billion share buybackDespite significant market volatility, Companies performed in line with the MSCI World Index with varied performance across holdingsLingotto delivered strong returns of 11% over the period, mainly driven by its public investmentsExor is well-positioned to seize significant ...
POLARIS RZR FACTORY RACE TEAM SECURES THIRD CONSECUTIVE VICTORY AT THE BAJA 400, CEMENTING OFF-ROAD RACING DOMINANCE
Prnewswire· 2025-09-15 22:10
Core Insights - Polaris RZR Factory Racing achieved a podium sweep at the Baja 400, marking their third consecutive victory at this prestigious event, showcasing their dominance in the Pro UTV Open Class [1][2] - Brock Heger led the team with his third consecutive SCORE UTV overall victory, further solidifying his status as a top driver in the sport [1][4] - The RZR Pro R Factory is recognized for its superior design and performance, establishing itself as the leading machine in desert racing [2][3] Performance Highlights - Brock Heger finished first, followed by teammates Cayden MacCachren in second and Max Eddy Jr. in third, completing a clean sweep for Polaris [1][5] - Heger and MacCachren exchanged leads during the race, with Heger ultimately taking control for the final 200 miles [4] - Max Eddy Jr. started sixth and methodically moved up to secure third place, finishing the race with a time of 9:36:42 [5] Team and Engineering Excellence - The back-to-back podium sweeps highlight the depth of talent within the Polaris RZR Factory Team and the race-proven engineering of the RZR Pro R Factory [2] - Alex Scheuerell, Director of Off-Road Motorsports at Polaris, emphasized the team's commitment to excellence and the engineering prowess behind the RZR Pro R Factory [3][6] - The team is preparing for the upcoming Baja 1000, aiming to defend their title and continue their winning streak [6]
Ferrari evokes spirit of 1980s with new 849 Testarossa hybrid
Reuters· 2025-09-09 18:20
Ferrari on Tuesday completed a refresh of its hybrid range with the new 849 Testarossa sportscar, a tribute to the famous original Testarossa model of the 1980s. ...
Ferrari chair John Elkann to do a year of community service to settle tax fraud case
Reuters· 2025-09-08 16:32
Stellantis and Ferrari Chairman John Elkann has agreed to do a year of community service and pay a negotiated sum to settle a tax dispute over the inheritance of his grandmother, Italian prosecutors s... ...
X @mert | helius.dev
mert | helius.dev· 2025-08-29 11:04
the reason why jump and solana engineers don't own ferraris, exposed: https://t.co/Vp4PZgqzPn ...
Cadillac to debut at F1
Bloomberg Television· 2025-08-26 19:31
So, you're going to kick it off with Ferrari powertrains. >> You bring your own uh Cadillac powertrains in a few years down the road, but I'm guessing you're going to have to pay almost half a billion dollars um to get in and then what 250 a year. How long until you think you can become champions.It it's going to take a few years, but um you we're very excited about that. We're committed to this process. It is a multi-billion dollar investment in total.you know, we'll have over 600,000 square feet of manufa ...
Is Ferrari Stock a Smarter Investment Than Stellantis Now?
ZACKS· 2025-08-26 13:10
Core Insights - The automotive sector is represented by two contrasting companies: Ferrari, known for high-performance luxury cars, and Stellantis, which focuses on mass-market brands [1][2] Ferrari Overview - Ferrari's financial strength is attributed to its ability to increase profitability per car while maintaining strong demand, with 81% of new cars sold to existing customers in 2024 [3] - The company's pivot to hybrid vehicles has been a key profitability driver, lifting EBITDA margins to 38.3% in Q2 2025, with hybrids making up 58% of shipments [4][9] - Ferrari's brand generates additional revenue streams, with 12% of income coming from sponsorships, licensing, and merchandise, providing stability against market downturns [5] - The Zacks Consensus Estimate projects a 14% year-over-year gain in EPS for Ferrari in 2025, indicating a consistent growth trajectory [14] Stellantis Overview - Stellantis faces significant challenges, particularly in North America and Europe, which account for nearly 70% of total sales, with sales trending lower and margins under pressure [6][8] - The company is revamping its product lineup to improve sales and margins, focusing on models like the Jeep Cherokee and Dodge Charger [7] - Stellantis reported revenues of €74.3 billion in H1 2025, but the adjusted operating income margin fell to 0.7%, down from 10% the previous year, with negative industrial free cash flow of €3 billion [8][9] - Analysts forecast a 54% year-over-year drop in EPS for Stellantis in 2025, with a further 97% decline expected in 2026, highlighting severe operational headwinds [15] Valuation Comparison - Ferrari trades at a premium with a forward P/E ratio of over 41, reflecting its stable, high-margin business model [12] - Stellantis trades at a significant discount with a forward P/E of just 5x, indicating market concerns about its operational challenges [12] Price Performance - Over the past year, Ferrari's stock (RACE) is down 2.6%, demonstrating resilience, while Stellantis (STLA) has seen a significant decline of over 40% [10]
X @Andrew Tate
Andrew Tate· 2025-08-20 12:56
RT Tate Cars (@t8cars)Ferrari 812 Competizione https://t.co/VOB68wXhrH ...
Ferrari's Purosangue SUV Emerges as a Core Growth Driver in Q2
ZACKS· 2025-08-19 14:10
Core Insights - Ferrari N.V.'s Purosangue has established itself as a significant contributor to the company's delivery performance, alongside the 296 GTS and Roma Spider, with total deliveries remaining steady at 3,494 units in Q2 2025 [1][4][11] - The Purosangue is Ferrari's first four-door SUV, launched in September 2022, combining high performance with the practicality of an SUV, and is described as the company's most comfortable and versatile vehicle [2][11] - Ferrari's strategy involves careful management of Purosangue production to maintain exclusivity while enhancing delivery volumes and pricing power, ensuring growth without compromising brand heritage [3][11] Delivery Performance - In Q2 2025, the Purosangue emerged as a key model driving deliveries, reinforcing Ferrari's robust order book and expectations for continued delivery strength in upcoming quarters [4][11] Competitive Landscape - Other luxury automakers, such as Porsche and Aston Martin, are also leveraging SUVs for growth, with Porsche's Cayenne and Macan serving as sales anchors, while Aston Martin's DBX has faced execution challenges despite its potential [5][6]