F1: Ferrari’s (NYSE:RACE) Vettel Confident of “Good Show” at Sochi

F1: Ferrari’s (NYSE:RACE) Vettel Confident of “Good Show” at Sochi

F1: Ferrari’s (NYSE:RACE) Vettel Confident of “Good Show” at Sochi


Ferrari (NYSE:RACE) is looking good so far this season, as compared to Y 2015.

The Scuderia Team drivers Sebastian Vettel and Kimi Raikkonen have been impressive, accumulating 33 and 28 points respectively, but they need to perform better if they are to challenge MercedesAMG, and especially Nico Rosberg, in the upcoming Russian Grand Prix at Sochi.

Mr. Rosberg stands on Top of the drivers’ standings with 75 points, he had won the 1st three races of the season.

Mr. Vettel competed in just 2 of the 1st 3 races and is so far satisfied, he is looking for a good showing at the Russian Grand Prix.

“I think I only had 2 races, the 2 races I have had are OK. In Australia we had a chance to win but [in China] with a bit of luck a strong recovery for both drivers,” F1i.com quoted Mr. Vettel as saying Friday.

“Overall not the smoothest road to Russia so hopefully we will have a solid weekend there. Last year the car felt pretty good and we made a step forward with the car and power unit, so quite confident for Russia. A couple of bits coming so hopefully a bit stronger and a smoother weekend.”

Mr. Vettel needs to be at his very best as Mr. Rosberg has been super, winning races with relative ease in F1 2016 season. The MercedesAMG driver will start the Russian Grand Prix as favorite to win his 4th race of the season.

Defending champion Lewis Hamilton has not been at his best in Y 2016, but performed well in the Russian Grand Prix in the last 2 seasons, winning the race on both outingss.

With such Tier 1 drivers; Messrs Vettel, Rosberg and Hamilton in the action, the Russian Grand Prix, which starts on 29 April in Sochi, is expected to be an exciting one.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 42.83 22 Apr-2016 -0.79 43.5 43.55 42.83 305,430
Analysis Overall Short Intermediate Long
Neutral (0.21) Neutral (-0.07) Bullish (0.33) Bullish (0.36)

Have a terrific weekend.

Paul Ebeling

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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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