$RACE

Ferrari's used-car values rose 5.8% in August and 13.8% year-over-year, with non-hybrid models outperforming hybrids. The US market led gains, driven by demand for legacy V8 and V12 models. According to Goldman Sachs, hybrid Ferraris fell 13.1% since January 2025, while non-hybrids surged 16.4%. The trend is attributed to collector preference for petrol-powered models post the electric Luce launch.

Bernstein's Aneesha Sherman maintained a Buy rating on Nike (NKE) with a $68 target, while Barclays also has a Buy rating and $52 target. Deutsche Bank's Nicolai Kempf kept a Buy rating on Ferrari (RACE) with a EUR460 target. Analyst consensus for NKE is Hold with $50.05 avg. target; for RACE, it's Strong Buy with $469.70 avg. target.

Ferrari has launched its all-electric Luce sedan in Australia, priced at $991,446. The car, designed in collaboration with Apple, is among the most expensive in Ferrari's regular lineup, competing with V12-powered sports cars. The price excludes on-road costs and customization options.

Ferrari plans to introduce a revised power unit at the Monza Grand Prix, featuring a new combustion chamber, turbocharger, and fuel specification. The upgrade, under F1's ADUO system, aims to reduce Ferrari's deficit to Mercedes by an estimated 15 horsepower. Ferrari is 87 points behind Mercedes in the Constructors' championship. The upgrade is the first practical use of the ADUO allowance, designed to help manufacturers falling behind.

Ferrari plans to reveal a new track-only supercar on September 13, 2026, during Ferrari Racing Days at the Hungaroring. The model, based on the 296 GTB, was spotted testing at the Fiorano track and may be called the 296 GT Modificata or 296 Challenge EVO. It features significant aerodynamic modifications and will be produced in limited numbers for top clients.

The FIA announced ADUO results for Mercedes, Audi, Ferrari, and Honda. Mercedes received 1 additional homologation for 2026 and 2027 due to a 2-4% performance gap. Audi, Ferrari, and Honda, with over 4% gaps, each received 2 homologations for both years. No changes were made after the second review period. The third review period will cover races 12-18 of the 2026 season.

The FIA's second ADUO review confirmed Red Bull Ford as the benchmark, with Mercedes 2-4% behind and Ferrari, Audi, and Honda over 4% behind. No new homologation opportunities were awarded, leaving Red Bull unable to access catch-up provisions. Mercedes retains its 2026-2027 upgrades and additional resources based on its deficit. The FIA defended its methodology, noting Honda's recent updates were not included in the assessment.

Ferrari must decide by the end of this week whether to use updated engines in next week's Italian Grand Prix. The team has assembled two new power units for Charles Leclerc and Carlos Sainz, featuring around 15 more horsepower. The decision is complicated by testing delays and strict regulations. Ferrari aims to reduce the performance gap to Mercedes, but victory is not the primary goal. The Italian GP will be crucial in establishing the engine hierarchy after recent adjustments.

Ferrari's bespoke electric car, the Luce, sold for $40M at auction, setting a record. The buyer, Herbert Wertheim, is a longtime collector. Ferrari raised its 2026 guidance after strong Q2 results. Tesla remains the dominant EV brand by volume, focusing on mass-market demand.

Ferrari's first electric car, the Luce, has a starting price of around £450,000 and has reportedly sold well, with Ferrari targeting 2,500 sales by 2030. The car's stock price has rallied from $280 to over $360 since its unveiling. The Luce features a 1036bhp electric powertrain and is designed to expand Ferrari's lineup rather than replace combustion models. It is expected to be released before the end of 2026. Ferrari's CEO emphasized that the car is not designed for drag races but for driver