F1: Ferrari (NYSE:RACE) Bringing 1st SF90 Upgrades to Baku

F1: Ferrari (NYSE:RACE) Bringing 1st SF90 Upgrades to Baku

$RACE

So far it has been a humbling start to the 2019 F1 season for Ferrari (NYSE:RACE), the pre-season favorites beaten by rivals MercedesAMG in all 3 Grands Prix so far this season.

Now, ahead of round 4 in Baku, Ferrari announced it is bringing the 1st step of developments for this season.

MercedesAMG marked 3 successive 1-2 finishes, the 1st time that has been achieved in 27 years, while Ferrari have scored just 2 3rd-place finishes. It means Ferrari already trail reigning champions MercedesAMG by 57 points, with 18 races to run.

MercedesAMG have brought several small updates to their car in the opening 3 races, while, Ferrari’s SF90 has looked more or less the same, that will change for Baku.

“We are bringing a few updates to Baku, as the 1st step in the development of the SF90,” said Team Principal Mattia Binotto.

“Coming off the back of 3 races that definitely did not go the way we wanted, this GP is another important moment for us.

“We have prepared for it very well, analysing all the data we have acquired up until now, looking at areas where we can improve and working on adapting the car’s set-up and the power unit management to the characteristics of the track.

“In fact, Baku features a very long straight, which places special demands on the engine, both the internal combustion part as well as the hybrid elements.”

Tires have played a key role so far this year, with Ferrari struggling to get them into the right operating window in Australia and China and Chief Binotto expects the rubber to be a challenge again in Baku.

“The track surface is very smooth, which means tyre wear is generally low, but as the tyres therefore generate less energy, it can be difficult to get them in the right working temperature range,” he said.

Why Ferrari should be more competitive at Baku.

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 across the board, and there is very little resistance here and none above 140.26. All of our Key indicators are Very Bullish in here.

Baku Grand Prix this weekend, stay tuned…

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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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