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BullDigest's April 24 Pre-Market Summary of Ferrari N.V.

  • 4 days ago
  • bulldigest.com
  • Keywords: Pre-Market, Summary, Ferrari N.V.

Check out BullDigest's April 24 Pre-Market Summary of Ferrari N.V.. We provide a summary of the key news before the market opens.

Pre-Market SummaryXIACYsentiment_satisfiedRACEsentiment_satisfiedCHHQYsentiment_satisfiedDRPRFsentiment_dissatisfiedTSLAsentiment_dissatisfiedHYMTFsentiment_dissatisfiedNOKBFsentiment_dissatisfiedMBFJFsentiment_dissatisfiedSZKMFsentiment_dissatisfiedVOLVFsentiment_dissatisfiedPSNYsentiment_dissatisfiedVLKAFsentiment_satisfiedGMsentiment_satisfiedCsentiment_satisfiedGS/PAsentiment_satisfiedJPM/PJsentiment_satisfiedAPHsentiment_satisfiedNFLXsentiment_satisfiedRACEsentiment_satisfiedF/PDDRPRFsentiment_dissatisfiedBSYMBGAFGMsentiment_satisfied

Estimated market influence

McLaren

Positivesentiment_satisfied
Analyst rating: N/A

Withdrawing from Formula E and entering WEC, aiming for motorsport's triple crown.

Jaguar

Negativesentiment_dissatisfied
Analyst rating: N/A

James Barclay is leaving as team principal, affecting their Formula E presence.

FAW

Positivesentiment_satisfied
Analyst rating: N/A

Collaborating with Leapmotor for EV platform, expanding into new markets.

Leapmotor

Positivesentiment_satisfied
Analyst rating: N/A

Partnership with FAW and potential deal with Ferrari.

Xiaomi

Xiaomi

Positivesentiment_satisfied
Analyst rating: Strong buy

Establishing R&D center in Munich, developing EVs like SU7.

Rolls-Royce

Neutralsentiment_neutral
Analyst rating: N/A

Mentioned as a brand with used cars available at lower prices.

Ferrari

Ferrari

Positivesentiment_satisfied
Analyst rating: Buy

Developing EV, potential partnership with Leapmotor, and Alfa Romeo Giulia Quadrifoglio featuring Ferrari parts.

Alfa Romeo

Neutralsentiment_neutral
Analyst rating: N/A

Testing the Giulia Quadrifoglio, highlighting its features.

Hongqi

Hongqi

Positivesentiment_satisfied
Analyst rating: —

Using Leapmotor's EV platform for their models outside China.

BMW

Neutralsentiment_neutral
Analyst rating: N/A

Ex-R&D head Rudolf Dittrich is now at Xiaomi.

Porsche

Porsche

Negativesentiment_dissatisfied
Analyst rating: Neutral

Absent from Shanghai Motor Show, affecting their market presence.

Tesla

Tesla

Negativesentiment_dissatisfied
Analyst rating: Neutral

Absent from Shanghai Motor Show due to trade issues.

Hyundai

Hyundai

Negativesentiment_dissatisfied
Analyst rating: Strong buy

Absent from Shanghai Motor Show.

Kia

Kia

Negativesentiment_dissatisfied
Analyst rating: Buy

Absent from Shanghai Motor Show.

Jaguar

Negativesentiment_dissatisfied
Analyst rating: N/A

James Barclay is leaving as team principal, affecting their Formula E presence.

Land Rover

Negativesentiment_dissatisfied
Analyst rating: N/A

Absent from Shanghai Motor Show.

Mitsubishi

Mitsubishi

Negativesentiment_dissatisfied
Analyst rating: Buy

Absent from Shanghai Motor Show.

Suzuki

Suzuki

Negativesentiment_dissatisfied
Analyst rating: Strong buy

Absent from Shanghai Motor Show.

Volvo

Volvo

Negativesentiment_dissatisfied
Analyst rating: Buy

Absent from Shanghai Motor Show.

Polestar

Polestar

Negativesentiment_dissatisfied
Analyst rating: N/A

Absent from Shanghai Motor Show.

Chevrolet

Negativesentiment_dissatisfied
Analyst rating: N/A

Absent from Shanghai Motor Show.

Volkswagen

Volkswagen

Positivesentiment_satisfied
Analyst rating: Buy

Present at Shanghai Motor Show, expanding their presence.

Audi

Positivesentiment_satisfied
Analyst rating: N/A

Present at Shanghai Motor Show, maintaining market position.

Buick

Positivesentiment_satisfied
Analyst rating: N/A

Present at Shanghai Motor Show, continuing their brand presence.

Cadillac

Positivesentiment_satisfied
Analyst rating: N/A

Boosted by General Motors' F1 plans, enhancing their image.

General Motors

General Motors

Positivesentiment_satisfied
Analyst rating: Buy

Registered as an official F1 power unit manufacturer, aiding Cadillac's growth.

Citi

Citi

Positivesentiment_satisfied
Analyst rating: Buy

Upgraded AMP to 'buy' rating, contributing to financial growth.

Goldman Sachs

Positivesentiment_satisfied
Analyst rating: —

Upgraded AMP to 'buy' rating, supporting financial performance.

JPMorgan

Positivesentiment_satisfied
Analyst rating: —

Upgraded AMP to 'buy' rating, enhancing investor confidence.

AMP

AMP

Positivesentiment_satisfied
Analyst rating: Buy

Grew assets under management and received positive broker recommendations.

Red Bull Racing

Neutralsentiment_neutral
Analyst rating: N/A

Verstappen's future is uncertain, impacting team dynamics.

F1 Academy

Positivesentiment_satisfied
Analyst rating: N/A

Documentary coming to Netflix, increasing F1's media presence.

Netflix

Netflix

Positivesentiment_satisfied
Analyst rating: Buy

Producing F1 Academy documentary, expanding content library.

Technogym

Neutralsentiment_neutral
Analyst rating: N/A

Supplies fitness equipment to F1 teams like Ferrari and McLaren.

Ferrari

Ferrari

Positivesentiment_satisfied
Analyst rating: Buy

Developing EV, Verstappen's potential move, and partnership with Leapmotor.

McLaren

Neutralsentiment_neutral
Analyst rating: N/A

Withdrawing from Formula E to focus on WEC, changing racing strategy.

World Endurance Championship (WEC)

Positivesentiment_satisfied
Analyst rating: N/A

McLaren's new target, aiming for Le Mans win.

Le Mans 24 Hours

Neutralsentiment_neutral
Analyst rating: N/A

Part of WEC where McLaren aims to compete.

Formula E

Negativesentiment_dissatisfied
Analyst rating: N/A

McLaren withdrawing, reducing their presence in electric racing.

Jaguar Formula E Team

Negativesentiment_dissatisfied
Analyst rating: N/A

James Barclay's departure affecting team performance.

Ford

Neutralsentiment_neutral
Analyst rating: —

Used luxury cars compared to new Ford Puma pricing.

Porsche

Porsche

Negativesentiment_dissatisfied
Analyst rating: Neutral

Absent from Shanghai Motor Show, impacting market presence.

Rolls-Royce

Neutralsentiment_neutral
Analyst rating: N/A

Mentioned in used car availability at lower prices.

Bentley

Bentley

Neutralsentiment_neutral
Analyst rating: Buy

Part of classic cars shown at Goodwood event.

Alfa Romeo

Neutralsentiment_neutral
Analyst rating: N/A

Testing Giulia Quadrifoglio, highlighting features and performance.

Haas F1 Team

Positivesentiment_satisfied
Analyst rating: N/A

Women in leadership roles, enhancing team dynamics.

Racing Bulls

Neutralsentiment_neutral
Analyst rating: N/A

Cridelich's role as head of strategies previously held there.

Red Bull

Neutralsentiment_neutral
Analyst rating: N/A

Verstappen's future with the team is uncertain, affecting stability.

Mercedes

Mercedes

Neutralsentiment_neutral
Analyst rating: Buy

Linked to Verstappen's potential move, but no confirmed deal.

Aston Martin

Neutralsentiment_neutral
Analyst rating: N/A

Potential team for Verstappen if he leaves Red Bull.

Max Verstappen

Neutralsentiment_neutral
Analyst rating: N/A

His future with Red Bull is uncertain, impacting team performance.

General Motors

General Motors

Positivesentiment_satisfied
Analyst rating: Buy

Boosting Cadillac's image through F1 involvement.

Cadillac

Positivesentiment_satisfied
Analyst rating: N/A

Receiving major boost from General Motors' F1 plans.

F1 Teams

Neutralsentiment_neutral
Analyst rating: N/A

Various teams mentioned with different impacts on their performance and strategies.

Context

Business Insights and Market Implications Summary

McLaren Formula E Withdrawal & WEC Entry

  • Decision: McLaren withdrawing from Formula E after the 2025/26 season to focus on entering the World Endurance Championship (WEC) in 2027, including targeting Le Mans.
  • Strategic Goal: Aims to win motorsport's triple crown (Monaco GP, Le Mans, Indy 500) in the same year, with their first Le Mans win since 1995.
  • Leadership Transition: James Barclay expected to lead the WEC team.

Used Luxury Cars Market

  • Price Point: Used Ferrari Mondials (1980-1993) available for under £35,000, cheaper than a new Ford Puma (£26,580-£37,380).
  • Other Models: Used Maserati GranCabrios and Rolls-Royce Silver Spurs also priced below £35,000.
  • Cost Considerations: High servicing costs for older luxury models requiring specialist garages.

FAW & Leapmotor EV Platform Collaboration

  • Collaboration Details: FAW to use Leapmotor's EV platform for Hongqi-branded EVs, starting production in H2 2026.
  • Product Line: Likely based on Leapmotor C10 SUV platform, including electric and range-extender versions.
  • Potential Partnerships: Leapmotor in talks with a European sports car manufacturer (rumored to be Ferrari) for similar platform use.

Investment Concerns Over US Markets

  • Market Sentiment: Investors advised to reduce exposure to US markets due to Trump-era policies.
  • Indices Performance: Dow Jones, S&P, and Nasdaq down year-to-date.
  • Safe Havens: Alternatives include gold, Asian (Hong Kong, Shanghai), Japanese, European, and UK markets.

Xiaomi EV Development in Munich

  • R&D Center: Establishing an electric car R&D center in Munich with 50 employees, including former BMW manager Rudolf Dittrich.
  • Strategic Hires: Ricard Aiguabella Macau (ex-Ferrari aerodynamicist) joins the team.
  • Product Launch: Plans to launch SU7 (Porsche Taycan competitor) in Europe, starting with Düsseldorf, France, and Spain.

Shanghai Motor Show Absences

  • Missing Brands: Lamborghini, Ferrari, Stellantis, Tesla, Hyundai, Kia, Jaguar, Land Rover, Mitsubishi, Suzuki, Volvo, Polestar, and Porsche.
  • Attendees: GWM, MG, Chery, BYD, VW, Ford, Nissan, Toyota, Audi, Buick, Cadillac, and Lincoln.
  • China's Strategy: Pushing "ecosystem-driven globalization" of automotive expertise.

F1 News & Insights

  • McLaren Performance: Leading Constructors' Championship, with Lewis Hamilton's defensive driving impacting Lando Norris's podium chances.
  • Verstappen Contract: Red Bull confident Max Verstappen will stay through 2028 despite rumors and potential exit clauses.
  • Rumors & Gossip: George Russell considering a Red Bull move if Verstappen leaves, with Verstappen linked to Aston Martin and Mercedes.

AMP Share Price Upgrades

  • Broker Recommendations: Citi, Goldman Sachs, and JPMorgan upgraded AMP to "buy" after Q1 results.
  • Asset Growth: Assets under management grew to $78.8 billion (6.1% YoY).
  • New Funds: Secured $740 million in new funds over three months.

Women in Formula 1

  • Role Expansion: Increasing number of women in team principal and engineering roles.
  • Notable Appointments: Laura Muller as race engineer for Esteban Ocon at Haas, Cridelich as "head of strategies."
  • Points Accumulation: Haas with 20 points, Ocon-Muller combo with 14.

Hyderabad Stadium IPL Records

  • Venue Performance: Hosted 82 IPL matches, with SRH vs. MI on April 23rd.
  • Pitch Trends: Spin-friendly, chasing side wins 47 times, average first innings score 200.
  • Historic Stats: Highest team score (SRH: 286/6), lowest (Delhi: 80), highest individual score (Abhishek Sharma: 141).

Technogym Smart Spaces

  • Fitness Solutions: Premium Visio system transforms hotel gyms into interactive wellness spaces with 32-inch touchscreens.
  • F1 Partnerships: Official supplier of training equipment for Ferrari and McLaren.

Max Verstappen's Future

  • Contract Considerations: Potential exit clause if outside top three in standings or Red Bull constructors' championship.
  • Options: Ferrari, staying at Red Bull on his terms, or early retirement.