F1: Fans ‘Love’ the Italian Grand Prix

F1: Fans ‘Love’ the Italian Grand Prix

$RACE

The European season draws to a close this weekend with the Italian Grand Prix where Ferrari (NYSE:RACE) puts on the show.

Below are the Key reasons going racing at Monza is such a popular event, as follows:

Ferrari’s tifosi

We mention passionate fans regularly in this section, but the tifosi could have a full feature all to themselves. There are very few venues where the support for 1 team is as great as it is in Monza, Red is the predominant color.

Ferrari fans dominate at the Italian Grand Prix, creating a special atmosphere throughout the race weekend. Drivers from all teams find it difficult to even enter the circuit as they are surrounded by fans on the way into the paddock, but any team member wearing Ferrari Red are treated like rstars when in the vicinity of the track.

Flags and banners adorn grandstands all around the circuit, and there are not many post-race sights more incredible than the podium at Monza. Regardless of the race winner, a giant Ferrari flag is unfurled in the middle of the grid as fans can stand directly below the top three.

Ferrari puts on the show

Ferrari is marking a special year with a 1-off event ahead of the race weekend. The 90-year anni of Enzo Ferrari founding Scuderia Ferrari coincides with the Automobile Club d’Italia (ACI) marking the 90th edition of the Italian Grand Prix at Monza, and the result is an event called ‘90 Years of Emotion’.

Taking place in Milan’s Piazza Duomo Wednesday evening, cars from all eras will be on display in celebration of Ferrari’s achievements and the race’s history, some of which will take part in a spectacular parade.

Drivers from Ferrari’s past, including Mario Andretti, Kimi Raikkonen, Rubens Barrichello, Jean Alesi, Gerhard Berger, Felipe Massa and Eddie Irvine, will take to the stage in Milan alongside the current line-up of Sebastian Vettel and Charles Leclerc, with Team Principal Mattia Binotto also attending as part of the celebrations.

Monza is a unique challenge

When attention turns to on-track matters, the teams are faced with a special test when they race at Monza. The high-speed circuit features a number of long straights and chicanes, with the amount of time spent at full throttle resulting in a low-downforce set-up.

Monza-specific rear wings are often developed to help increase Top Speed in Italy, but there is still a major emphasis on power unit performance. Those with more power are able to run slightly more downforce and also gain time in the few significant corners such as the Lesmos and Parabolica.

Braking stability is Key as cars need to slow from over 220mph for the 1st chicane, and the exit of the chicanes require strong traction, with an emphasis on drivers looking after their rear tires during a race distance.

Overtaking opportunities abound

The nature of the circuit lends itself to overtaking, with slipstreaming particularly influential at Monza. It is not uncommon to see teams sending their cars out in pairs during qualifying in order to give each other a tow and gain further time on the straights, and it has a big effect in the race, too.

If a car can stay close through Parabolica, the long run to the 1st corner allows a slipstream before the heavy braking zone at Turn 1, getting side-by-side to see who can hit the brakes latest before the Variante del Rettifilo.

But the racing rarely stops there with a fight into the 1st chicane often continuing through Curva Grande as more slipstreaming keeps the cars close, then heading to another significant braking zone at the Variante della Roggia.

Monza location is beautiful

The Autodromo Internazionale di Monza itself is located in the Parco di Monza, just North of Milan. The circuit is hidden away where the track cuts through the trees of the park’s beautiful surroundings.

And there is the Food!

I cannot write about the Italian Grand Prix without mentioning what’s on the menu: pizza, pasta, wine, beer, coffee, desserts, ice cream. Italy is renowned for its great food and drink.

With Monza situated just 10 miles away from the centre of Milan, Italy’s 2nd-largest city is within a short drive or train ride, opening up lots of restaurants, cafes and bars and beautiful architecture.

City life is not for you this trip

Then a short drive North will take you to some of the most stunning lakes in the world. Lake Como is less than 25 miles away, with Lake Lugano a little further on and both easily within distance of Monza. If you are making a week of it, Lake Garda is about an hour’s drive to the East, and the breathtaking city of Venice is only about an hour down the Autotrata from there.

Click here for the official F1 schedules.

Ferrari is the Aristocrat of the automotive sector.

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 164.62 and support at 159.89 all Key indicators are flashing Neutral to Bullish in here. Ferrari finished at 159.90, +1.89 Wednesday 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 last month, is fundamentally unchanged post Ferrari’s in-line 2-Q results. We view the stock’s recent pullback (-7.5% since July 16) as a 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

Enjoy the racing 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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