F1: Ferrari’s Vettel Believes He Can Win at Monaco

F1: Ferrari’s Vettel Believes He Can Win at Monaco

F1: Ferrari’s Vettel Believes He Can Win at Monaco

$RACE

Sebastian Vettel believes that he can challenge for victory at the upcoming Monaco Grand Prix, and end Ferrari’s 14-year winless streak in the Principality.

Mr. Vettel and team mate Kimi Raikkonen could only qualify on the third row of the grid in Barcelona, behind both Mercedes and both Red Bulls, and were unable to beat the latter to victory following the Silver Arrows’ double retirement.

But following a positive day’s running at this week’s test in Spain,  Mr. Vettel thinks Ferrari should be in the position to fight for a 1st win of the season in Monte Carlo.

“I think Monaco should be a strong track for us, last year we were very competitive there,” he said. “Now we have improved the car in the areas you need for that Grand Prix so I think it should help.

“Here in Barcelona we were as competitive as expected, with the exception of Saturday. Now we are not in the best position, we are not the favorites going to Monaco either, as the favorites remain MercedesAMG, but we try very hard and if there is a chance to win we’ll try to win.

“We go step by step, not looking too far ahead. I’m convinced that the chance is there.”

Championship leader Nico Rosberg has won the past 3 events in Monaco for Mercedes, with Red Bull claiming the 3 victories prior to that.

Michael Schumacher was Ferrari’s last Monaco winner in Y 2001.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 40.76 20 May-2016 0.24 41.2 41.32 40.76 224,511
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (-0.06) Bearish (-0.33) Neutral (-0.08) Neutral (0.22)

Have a terrific weekend.

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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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