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Ferrari’s $4 million car will supercharge the stock. The auto maker is leading the luxury pack

2024/12/03/06:59
in Financial insights
Reading Time: 3 mins read
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Ferrari’s $4 million car will supercharge the stock. The auto maker is leading the luxury pack
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The carmaker unites autos and luxury in a way that makes rivals feel downmarket, while its exposure to China’s faltering economy is more limited

Ferrari is synonymous with the “rosso corsa” red on its supercars—and right now, investors in Ferrari are seeing red as well. But after a recent decline, the stock may be getting ready to rally again.

Ferrari’s halo car lineage can be traced all the way back to the original 288 GTO. But it was the F40—the last car personally commissioned by Enzo himself—that truly lived up to the phrase. It was the fastest, most powerful, and most expensive vehicle on the market at the time. The Ferrari F50 and Enzo in the decades that followed upped the ante by introducing two powerful naturally aspirated V12 engines, and the LaFerrari some years later brought the world Ferrari’s first hybrid powertrain.

So what does the future look like for Ferrari? Meet the new F80.
The new F80 is part of the company’s push to introduce 15 new models by 2026, with the Pursangue SUV being the first among them. The new hypercar debuted with a 1,200-horsepower hybrid V-6 and a top speed of over 217 miles per hour

What Does It Look Like?

The front end of the new F80 is sharp, with retro cues. It features three sizable grille intakes at the base of the bumper, headlights that look like a riff on the current SF90, and an F1-inspired S-Duct that peaks out from the top of the bodywork. Other mid-engined Ferrari models use the same S-Duct to help improve airflow over the front of the vehicle.

A massive rear spoiler shoots up above the trunk lid and extends out almost further than the vehicle’s width. Just below that live dual center-mounted exhaust tips and subtle but stylish taillight fixtures at each corner of the bumper.

What Is It Called?
Ferrari went with the name F80 for its new hypercar. The F40 and F50 followed a similar naming structure but the Enzo and LaFerrari bucked the trend, going all in on nostalgia. The Ferrari F80 returns to the F nomenclature.

What’s Under The Hood?
This is the Ferrari halo car since the F40 with fewer than 12 cylinders. The Ferrari F80 has a hybrid V-6 with three electric motors making 1,200 horsepower. It reaches 62 miles per hour in just 2.15 seconds and has a top speed of 217.5 miles per hour (350 km/h).

How Much Does It Cost?
The new Ferrari F80 costs €3.6 Million—or about $4.0 million at the current exchange rate. That makes this the most expensive new Ferrari ever. The LaFerrari was about $1.5 million when it was new.

When Will We See It?
The new F80 officially debuted in October, but the hypercar won’t go into production until later in 2025. Ferrari only plans to build 799 of them, with production slated to last until 2027.

Source: Motor 1 & newshub

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