Farewell V12, V10, V8 (RACE Earnings Call)

Episode 176 May 05, 2021 00:25:55
Farewell V12, V10, V8 (RACE Earnings Call)
Wisco Weekly by 24Hour Journal
Farewell V12, V10, V8 (RACE Earnings Call)
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Show Notes

Ferrrari (NYSE: RACE) reported Quarter 1 earnings for 2021 on Tuesday, May 4th. While the launch of 15 Ferrari models over the next two years will not be disrupted due to the pandemic, they face a bigger competitor which affects their long-term value. Current Chairman and Interim CEO, John Elkann, disclose some of the conversations that Ferrari and Formula 1 are having that will potentially make changes to Formula 1 and hence, Ferrari's production line.

 

Notes  |  Resources

 

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