A shot of Ferrari following Hamilton’s victory

 (Il Sole 24 Ore Radiocor) - Ferrari is in the spotlight on the Milan Stock Exchange, buoyed by the easing of international tensions following the US-Iran agreement and by Lewis Hamilton’s victory at the Catalan Grand Prix. The Scuderia’s shares are among the top gainers on the main index: Ferrari.

Yesterday, Hamilton, aged 41, celebrated victory at the Catalan Grand Prix, giving fans hope that Ferrari is back on track to win the Formula 1 title. The victory came after 595 days of disappointment, given that Ferrari had not stood on the top step of the podium since 27 October 2024. At this point, the gap between the British driver and Mercedes’ Kimi Antonelli has narrowed to 41 points, thanks to the German car’s retirement. Amidst tears of joy, Hamilton said he hoped it would be ‘the first of many victories’. Toto Wolff, his former boss and Mercedes team principal, also commented: “You can see this is a very happy time in his life,” referring to his relationship with Kim Kardashian. He then added: “Once the Hamilton train gets going, it’s very hard to stop it. I know him very well.”

Hamilton also holds a seven-point lead over George Russell, who finished second yesterday in Barcelona. The Scuderia’s podium finish also puts the spotlight back on the car manufacturer’s standing, following the recent controversy that arose after the presentation of Luce, the Maranello-based manufacturer’s first electric supercar. The model was met with considerable criticism, to the extent that it even weighed on the share price on the Milan Stock Exchange, with shares slipping well below €300. Meanwhile from the lows of around €270 reached last March, following the outbreak of war in Iran, Ferrari has recovered by around 17%. The climate of détente looming on the horizon in the Middle East should benefit the company’s business not only in the region, but also in the rest of the world.

At this point, the countdown has already begun, not only for the upcoming sporting performances of the revised and clearly more powerful single-seater, but also for the second-quarter results, which are due to be announced at the end of July (on 30 July, to be precise).In recent weeks, CEO Benedetto Vigna had also reassured the market regarding orders for the Luce: ‘Several customers, particularly new ones, have already placed them. A specific figure will be provided during the next conference call,” he said.