Ferrari's $250M Volume Surges 118.55% to 346th Rank as Stock Dips 0.30% Amid Hamilton's F1 Struggles

Ferrari (RACE) closed 0.30% lower on August 21, with a trading volume of $250 million—up 118.55% from the previous day—ranking 346th in market activity. The stock’s performance coincided with renewed scrutiny over the underwhelming Formula 1 campaign of seven-time world champion Lewis Hamilton since joining the Italian automaker. Ferrari team principal Fred Vasseur admitted the team “stupidly” underestimated the magnitude of cultural and operational adjustments required for Hamilton, who spent 18 years with Mercedes and its predecessor McLaren. Hamilton, yet to secure a podium in 14 races this season, has expressed frustration with the team’s performance, suggesting a driver change might be necessary. Vasseur emphasized the stark differences between Ferrari’s environment and Hamilton’s prior teams, noting the Englishman’s lack of experience adapting to frequent team changes compared to peers like Carlos Sainz.

Hamilton’s reported $81 million annual contract, which extends through 2026, has drawn attention amid his current seventh-place standing in the drivers’ championship, 42 points behind teammate Charles Leclerc. Vasseur acknowledged the challenge of aligning expectations, highlighting how Hamilton’s historical success in a stable, culturally cohesive environment contrasts with Ferrari’s unique demands. The team remains focused on the 2025 rule changes, which Hamilton has cited as a potential turning point for his championship ambitions. Despite these strategic considerations, investor sentiment appears cautious, reflected in the stock’s modest volume surge but negative close.

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