F1: Ferrari (NYSE:RACE) Favored to Win Shanghai Grand Prix

F1: Ferrari (NYSE:RACE) Favored to Win Shanghai Grand Prix

F1: Ferrari (NYSE:RACE) Favored to Win Shanghai Grand Prix

$RACE

Ferrari’s (NYSE:RACE) Sebastian Vettel followed up his win at Melbourne with another victory at Bahrain last weekend, and he is favored to take the Chequered Flag at Shanghai this weekend.

MercedesAMG’s Lewis Hamilton said that he believes it will be difficult to halt Ferrari’s winning start to the season at the Chinese Grand Prix but still thinks MercedesAMG the strongest team.

MercedesAMG has 4 wins running at the Shanghai International Circuit, but Mr. Hamilton is looking  for a battle with his main rival at the weekend.

Mr. Hamilton said: “They (Ferrari) are going to be hard to beat. Their straight-line speed in the last few races has been faster than ours and we have the longest straights here. So I’m anticipating they will be very, very fast and hard to beat.

“They are faster than us on the straights and as quick as us through the corners. Their engine program has really taken a big step this season. It will be interesting to see how their reliability will be, as it will be for Renault and us.

“This should be a good track for us but I think it’s going to be close.”

“I still believe we are the best team. We definitely have the potential to win races and to fight for this championship. But what’s important is that we all stay on our toes.”.

“We all need to be performing at our utmost and it’s even more crucial this year as it’s magnified because we are so close.

“Ferrari are really performing well – and both Kimi [Raikkonen] and Sebastian are performing really well, so l think it’s a tougher season than last year. Ferrari have got a very fast car and there are millimetres between us.” he added.

Mr. Hamilton has won 5X’s in China, Mr. Vettel’s only victory there was in Y 2009 when he was driving for Red Bull Racing.

I expect an aggressive showing from The Scuderia, as they look to build on their early championship lead.

Track facts

Designed by architects Hermann Tilke and Peter Wahl, the Shanghai International Circuit has the longest straight on the race calendar, where a good top speed is important. The track has an interesting mix of low, medium and high-speed corners. In addition to that, it has several technical sections with corner complexes where unique corners, such as T1 and T13, lead straight into further corners requiring a good car balance and precise driving. Good traction is a must!

The schedule for the Chinese Heineken Grand Prix 2018

The practices start on Friday, 13 April and the action runs through until Sunday, 15 April .

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 121.96 12 April 2018 1.53 121.53 122.14 121.42 176,204
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (0.09) Neutral (-0.04) Neutral (0.21) Neutral (0.10)

Stay tuned…

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

You must be logged in to post comments :  
CONNECT WITH