Formula 1 acceleration for the Ferrari title which in Piazza Affari takes off at the top of the Ftse Mib, achieving the best performance of the day among the blue chips. In the middle of the day, the shares gained 3,7% to 170,15 euros after reaching a high of 171,20 euros.
After the difficulties experienced at the beginning of 2021, Ferrari share purchases are driven by expectations on the possible recovery of the economy, especially in the United States. But the wait for pe is also attracting investors' attentionr the start of the new season of the Formula 1 world championship, which will start next Sunday with the Bahrain GP. The F1 races do not have a big economic impact for the Maranello company, but they have a significant image return capable of affecting the stock market performance of the shares. After the disastrous performance of the last championship, when the reds obtained the worst result of the last 40 years, fans await redemption.
For the new World Championship, Ferrari has changed the engine of the single-seater. To flank Charles Leclerc there will be no more former world champion Sebastian Vettel, but the promise Carlos Sainz. While waiting for the rules to change next year, the World Championship looks fierce with the Mercedes Arrows having accused problems in the last tests and with Red Bull increasingly determined to score points, with the drivers Max Verstappen and Sergio Perez . In short, the World Championship is confirmed to be more competitive than ever. In the meantime, from a financial point of view, we are waiting the name of the new CEO of Ferrari, after the surprise resignation of Louis Camilleri last December. Recently, names of managers from the fashion world had been circulating. Meanwhile, Gucci's number one, Marco Bizzarri, has denied it several times.
