F1: Ferrari (NYSE:RACE) Races on its Home Track This Weekend

F1: Ferrari (NYSE:RACE) Races on its Home Track This Weekend

F1: Ferrari (NYSE:RACE) Races on its Home Track This Weekend

$RACE

This weekend Ferrari will be at its ‘”home” Grand Prix, Monza, and team driver, Sebastian Vettel he believes The Scuseria will get a big boost.

“I think we need a bit of a boost and support, so I am very much looking forward to this weekend,” Mr. Vettel said Thursday.

“Last weekend was very positive for us. Obviously the race did not unfold the way we expected or we hoped, but it was very positive in terms of pace.”

The 4X world champion is very positive about the team’s podium chances for this weekend.

Mr. Vettel is upbeat about the car.  “I’m pretty confident we’ll have better days again and we have our home race ahead of us. I think it will be amazing in terms of support. It’s great to come here, the place means a lot to us, to myself and I think we have a good chance to fight for a good and strong podium, maybe even more. We will see.”

As well as being the home Grand Prix for Ferrari, Monza is also where Mr. Vettel became the youngest man to win a Grand Prix when he took victory back in Y 2008 in the rain for Red Bull’s junior team, Toro Rosso, that team’s only victory to date.

“I think the first race win is always something that will stand out and something that you don’t forget. Obviously, I’ve been very lucky in the last couple of years to have some more wins, but for sure, after last year’s experience here, being on the podium in the red suit, I probably realized that, yeah, people do not hate me as much as I thought after the last couple of years with Red Bull.”

Red Bull’s team leader, Christian Horner, says that the majority of Red Bull’s attention has shifted to the Y 2017 car with regulations changing dramatically this is the norm.

Mr. Vettel suggested that Ferrari is sill putting a significant amount of effort into getting everything out of this year’s car.

“I think it’s clear that all of us inside the team, we are not very patient, we have very high expectations, which I think we’ve expressed many times at the beginning of the year. We want to fight for the championship but, as I said, as a net result so far, we haven’t been competitive and quick enough — yet.

“We are trying our utmost to improve it. There are a lot of things happening on the track, even more things happening back in Maranello at the factory to work on that and change that. People are fired up, even if it still takes a little bit.”

If Red Bull’s Max Verstappen attempts any more jostling with the Ferrari cars this weekend, he will get a rough reception from the Ferrari “family” fans at the Italian Grand Prix.

With parts of the Monza circuit still featuring long straight sections from an old oval track, it features the fastest speeds in Formula One

Speeds can reach 230 mph (370) kph on the approach to Turn 1 at the end of the start/finish straightaway.

Teams prepare low-drag configurations that are generally only seen in Italy.

While average speeds are high, cornering speeds are reasonably low, which minimizes tire wear.

Most teams will aim for a 1 pit-stop strategy. All the Top-10 finishers in last year’s race pitted just once.

The Italina GP schedule:

Thursday – 1 September 2016
16 – 18 PUBLIC PIT LANE WALK reserved to 3-days ticket holders (also 3-days general admission)
16:30 – 17:30 Drivers’ autograph session

Friday – 2 September 2016
10 – 11:30 FORMULA ONE – FIRST PRACTICE SESSION
14 – 15:30 FORMULA ONE – SECOND PRACTICE SESSION

Saturday – 3 September 2016
9:45 – 10:15 GP3 SERIES – QUALIFYNG SESSION
11 – 12 FORMULA ONE – THIRD PRACTICE SESSION
12:25 – 12:55 PORSCHE MOBIL 1 SUPERCUP – QUALIFYNG SESSION
14 – 15 FORMULA ONE – QUALIFYING SESSION
15:40 – 16:45 GP2 SERIES – FIRST RACE
17:15 – 18:00 GP3 SERIES – FIRST RACE

Sunday – 4 September 2016
9:15 – 9:50 GP3 SERIES – SECOND RACE
10:25 – 11:15 GP2 SERIES – SECOND RACE
11:35  – 12:10 PORSCHE MOBIL 1 SUPERCUP – RACE
14 – 16 FORMULA ONE GRAND PRIX

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 48.32 1 September 2016 0.18 48.27 48.59 47.93 304,700
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.45) Bullish (0.45) Bullish (0.46) Bullish (0.44)

Stay tuned…

 

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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.

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