F1: COTA, Bottas Takes ‘The Pole’, Seb 2nd on ‘The Grid’

F1: COTA, Bottas Takes ‘The Pole’, Seb 2nd on ‘The Grid’

$RACE

The Circuit of The Americas, aka COTA, has been kind to Lewis Hamilton in , but it was his MercedesAMG teammate and the only driver who can stop him winning a 6th world crown, Valtteri Bottas, who took Pole position for Sunday’s United States Grand Prix in true F1 racing fashion.

It was Mr. Hamilton who showed the most impressive pace over 1 lap in Friday FP, but the 5X world champion made a mistake on his final run in the middle sector, forcing him out of contention for Pole position and leaving him 5th.

No 1 improved their position on the final runs, meaning Mr. Bottas’s impressive opening gambit was enough to secure a first pole at COTA and the 11th of his F1 career. But he finished just 0.012s ahead of the Ferrari (NYSE:RACE) of Sebastian Vettel.

Max Verstappen made it 3 different teams in the Top 3 positions heading up the 2nd row for Red Bull, just 0.067s off the pace as Ferrari’s Charles Leclerc who has been on Pole in 5 of the last 6 races who came up 4th.

Thailand’s Alex Albon secured his 3rd consecutive Top 6 finish for Red Bull, with Carlos Sainz finishing best of the rest in 7th and taking the lead in his qualifying head-to-head with McLaren team mate Lando Norris 10-9, as he beat Mr. Noris by a position.

Daniel Ricciardo was the leading Renault in 9th as Pierre Gasly rounded out the Top 10 for Toro Rosso having made it three Honda-powered cars in the Pole position shoot-out.

It was not a great day for Mr. Hamilton, but he’s still in a strong position for Sunday, considering he only needs an 8th-place finish or better to secure a historic 6th world championship.

FORMULA 1 EMIRATES UNITED STATES GRAND PRIX 2019

Qualifying results

POSITIONTIME
1  Valtteri BOTTAS MercedesAMG1:32.029
2  Sebastian VETTEL Ferrari1:32.041
3  Max VERSTAPPEN Red Bull Racing1:32.096
4  Charles LECLERC Ferrari1:32.137
5  Lewis HAMILTON MercedesAMG1:32.321

VIEW FULL RESULTS

Catch all the action from the United States Grand Prix on ESPN and ABC.

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Enzo Ferrari’s 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 Neutral to Bearish, overhead resistance is at N/A, and support at 155.30 as 3 of our 3 Key indicators have turned Very Bullish and the stock has established long term support.

Ferrari finished at 161.28, +1.26 Friday in NY.

Note: Goldman Sachs upgraded Ferrari to ‘buy‘ from ‘neutral ‘calling the stock’s pullback a good “entry point.” “We upgrade Ferrari from Neutral to Buy, offering 15% upside to our new price targets of 182. Our thesis, outlined in Life of Luxury published in September, is fundamentally unchanged post Ferrari’s in-line 2-Q results. We view the stock’s recent pullback since July 16 has provided good entry point in here.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term investment, and I see it at 200/share in that frame

Tune and enjoy the F1 racing at Austin Tx this 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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