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The Maserati Kubang Suv concept - Page 2

Maserati´s Kubang Suv conceptMASERATI’S WORLD RECORD ATTEMPTS ON WATER

In late March Maserati will attempt to break an Atlantic sailing record along the coast of the United States from Miami to New York. Maserati is the name of an ultra-high technology boat of over 20 metres headed by world-famous Italian sailor Giovanni Soldini backed by the Modena-based Marque of the Trident.

Maserati’s love affair with speed and world record setting started in 1929 when Bakunin Borzacchini set the world speed record for the flying 10 kilometers – not to mention Maserati’s two consecutive wins at Indianapolis in 1939 and 1940.

Little known is the fact that Maserati also has a nautical history that goes back just as far, to the early 1930s, when the Maserati brothers tested two twin 16-cylinders engines for boat speed records. In 1955, five world speed records were set and, from 1958 to 1969, Maserati 8 cylinder engines won 19 world titles, 4 European and 10 Italian in various on-board classes.

Giovanni Soldini and Maserati will in 2012 attempt to break three Atlantic world records. If conditions are favorable, Giovanni Soldini and Maserati will also attempt to break the record for the longest distance covered by a single-hull yacht in a 24-hour period. The three Atlantic records are:

January 2012: Cadiz-San Salvador (Bahamas) – 3,884 miles. No time reference to beat: absolute record held by Franck Cammas, trimaran Groupama, May 2007.

March 2012: Miami-New York – 947 miles. No time reference to beat: absolute record held by Frank Cammas, trimaran Groupama, June 2007.

April 2012: New York-Lizard Point (UK) – 2,925 miles. Record to beat 6 days, 17 hours, 52 minutes, 39 seconds set by Robert Miller aboard the monohull Mary Cha IV, October 2003; average speed of 18.5 knots.

 

MASERATI’S FINANCIAL RESULTS – FIRST NINE MONTHS 2011

Maserati posted revenues of €142 million for the third quarter, up 6% over the same period in 2010. A total of 1,459 vehicles were shipped, a 6.7% increase over the 1,368 units shipped in Q3 2010. The third quarter closed with trading profit of €8 million (trading margin of 5.6%), doubling over Q3 2010. Maserati reported €445 million in revenues for the first nine months of 2011, up 2.3% over the same period for the prior year. Shipments were up 9.4% over the prior year to 4,672 vehicles. The increase was driven by particularly strong performance in the USA (+20%) and China (+129%). Volume increases and efficiency gains contributed to a significant increase in trading profit to €26 million (trading margin of 5.8%), compared with €16 million for the first nine months of 2010.