Verb: To do something exceptionally stupid that results in adverse outcomes such as public backlash, financial reprocussions or some other massive copout, often with little to no logical reason or explaination as to why or how it happened.
Noun: The name for the collection of "strategic" decisions by a group of people referred to as Ferrari Strategists during a Formula 1 race. These decisions usually ruin the race for either one of or both of the Scuderia Ferrari drivers while benefitting every other team on the grid.
Ferrari pulled a Ferrari Strategy by ordering Charles Leclerc to pit, and then screamed at him to stay out as he was driving down the pit lane.
Aston Martin pull a Ferrari Strategy every time they let Lance Stroll get in the car. They should know by now that the car will need a full rebuild after every session when he gets behind the wheel.
Bloke 1 - Finally Ferrari are pitting Charles Leclerc off the medium compound.
Bloke 2 - But why are they now putting the hard tyres on? Theres only 15 laps left, He should be on softs!
Bloke 1 - They're pulling a Ferrari Strategy again. What the fuck are the Ferrari Strategists thinking?
Charles Leclerc was in prime position to win today but he got cucked by the Ferrari Strategy, as per, and so barely made the top 5.