F1: Ferrari (NYSE:RACE) Had a Disappointing 2016 Racing Season
On The Scuderia
Ferrari are the biggest and richest F1 team of all, but again this season The Scuderia frustrated their passionate supporters, and everyone else in Formula One who wanted to see somebody step up and challenge MercedesAMG.
If they were bad last year, when they won only 3 races and finished a distant 2nd to Mercedes, they were very bad this time round, with problems with their chassis, their aerodynamics and their strategy.
Ferrari failed to win 1 race and finished 367 points behind MercedesAMG and 70 points behind 2nd‑placed Red Bull. And they let their brilliant technical chief James Allison ankle, suggesting they “lack not only performance but ambition”, as one writer put it.
The Big Q: How the team principal, Maurizio Arrivabene, a former cigarette salesman, was allowed to survive.
On Ferrari’s Sebastian Vettel.
Mr. Vettel is a 4X world champion who forgot how to win. That is mostly because of his inferior car, but also, his frustrations spilled over and he was too aggressive with his driving and public talk about Mr. Arrivabene. Also, here were too many outbursts and he was lucky to get away with swearing at the race director following the Mexican Grand Prix.
What’s Next for F1?
#1, Improve the Product. The new regulations for Y 2017 will help. The tires will be fatter, the cars will be more aggressively designed and they should be 4 to 5 secs faster, too.
But that is just a start.
John Malone’s Liberty Media (NASDAQ:LMCA ), the new owners must show their vision for the future next season. They must address falling attendances and television audiences. They must embrace social media and do their best to attract a younger audience, while not alienating us older fans. Rules and regulations should be simplified, but the racing teams to raise their game. It is no good blaming MercedesAMG for being too good. F1 need more teams and drivers competing for wins.
F1 needs a better show ad bigger sounds, and Ferrari needs a new and really savvy team principal that is an engineer.
|NYSE:RACE||54.12||30 November 2016||-0.62||54.94||54.99||54.11||602,800|
|HeffX-LTN Analysis for RACE:||Overall||Short||Intermediate||Long|
|Bullish (0.32)||Neutral (0.11)||Very Bullish (0.50)||Bullish (0.35)|
|HeffX-LTN Analysis for LMCA:||Overall||Short||Intermediate||Long|
|Neutral (0.20)||Neutral (0.09)||Bullish (0.31)||Neutral (0.21)|