24 Hours of LeMans, 12 Hours Report

24 Hours of LeMans, 12 Hours Report

$RACE

The race starts

At the halfway point of the 24 Hours of Le Mans it was a 1-2 show for the Toyota Gazoo Racing team in the LMP1 category.

Porsche and Ferrari (NYSE:RACE) continue to battle it out for the lead in LMGTE Pro.

There had been 6 safety car periods in the 1st 6 hours and another as the 12th hour approached.  The headlines up to the midway point include the domination of the No. 7 and No. 8 Toyota TS050 HYBRID in LMP1, the loss of the No. 64 Chevrolet Corvette which crashed out while running 8th in LMGTE Pro and bringing out the 2nd safety car period.

In other LMP1 news

Trouble struck Rebellion Racing’s No. 3 car on the 7th hour after a spin on the Mulsanne Straight caused front-end damage. The team worked on the car for just under 5 mins and were 3rd at the race’s mid-way point. Gearbox and mechanical related issues continue to hinder the No. 10 DragonSpeed car with the vehicle spending large amounts of time in the pits and SMP Racing’s No. 17 BR Engineering BR1 – AER car suffered serious damage in the 10th hour and dropped to 6th. The sister SMP Racing No. 11 car was fourth.

In LMGTE Pro the battle continued between the No. 92 Porsche 911 RSR and No. 51 AF Corse Ferrari 488 GTE Evo fighting for the Top spot.

Behind them the fight for P3 and P4 was just as fierce with less than 5 secs separating the Porsche GT Team entries No. 92 and No 93.  Aston Martin Racing and Aston Martin Vantage AMR cars suffered incidents on track. The No. 97 hit trouble in the ninth hour when the car got beached in the gravel. Shortly after, the No. 95 pole-sitter went into the barriers at Indianapolis and was done.  

In LMP2 the No. 26 G-Drive Racing car pulled away from No. 36 Signatech Alpine Matmut in LMP2 battle after G-Drive benefited from those five safety car periods in 6 hours. The 2 main contenders for the overall LMP2 title, Signatech Alpine and Jackie Chan DC Racing were 2nd and 3rd.

Le Mans 2019: Schedule, full entry list, how to watch on TV and online, and driver line-up for 24 hour race

Ferrari is the Aristocrat of the automotive sector.

The iconic Italian Supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos.

HeffX-LTN overall technical outlook for RACE is Bullish to Very Bullish, light resistance now at 153.83, and strong support 146.91, all of our Key indicators are Very Bullish in here. Ferrari finished at 152.88, – 1.17 on the day in NY Friday

Stay tuned and enjoy the racing

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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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