F1: Ferrari (NYSE:RACE) Azerbaijan Grand Prix

F1: Ferrari (NYSE:RACE) Azerbaijan Grand Prix

$RACE

Following F1’s 1000th race in Shanghai, China 2 weeks ago, the motorsport traveled to Baku for the Azerbaijan Grand Prix, Round 4 of the 2019 FIA F1 Championship.

Azerbaijan has a short history in F1.

The country hosted its 1st race in Y 2016 as the European GP, but it changed its name to the Azerbaijan Grand Prix in the following year. The event is organized by Baku City Circuit Operation Company.

The 6 km, counter-clockwise layout of the track was designed by the Hermann Tilke Group to be the 2nd longest track on the current calendar behind the 7km-long Spa-Francorchamps circuit in Belgium.

With the track in the heart of the city, drivers raace by some of the iconic buildings and places in Baku runing alongside sights such as the Azadliq Square, the Oldy City, the Neftchilar Avenue, the Government House and the Maiden Tower.

Most successful drivers and teams

The 3 races in Baku had 3 different winners. It was Nico Rosberg who dominated the race in the inaugural year while the 2017 Azerbaijan Grand Prix saw Daniel Ricciardo take the victory with his Red Bull Racing. Last year, Lewis Hamilton emerged as winner after fighting with the balance of his car over the entire weekend taking advantage of Ferrari’s (NYSE:RACE) Sebastian Vettel’s and Valtteri Bottas’ misfortunes.

The results have MercedesAMG the most successful outfit in the history of the fastest street race with Red Bull Racing the only other team with a Baku win.

Despite having failed to win a race in Baku, Sebastian Vettel holds the official lap record, having clocked in a lap-time of 1m43.441 in Y 2017.

Track characteristics

The Baku track is the fastest street circuit on the calendar. 6.003 kilometres in length. The track features long straights and right-angle turns. That makes engine power a Key requirement, while drivers have to brush the walls in search of a quick lap, using every inch of the track. One conundrum is how to keep the brakes and tires up to temperature, as they cool down more than usual on the long straights.

The start-finish straight plays probably the biggest role in the fame of the Baku street circuit.

The map of the track is a bit deceptive as it lists turns 17, 18, 19 and 20, however, all of these bends are taken flat out. The section is 2.2km-long and drivers can reach 350 km/h with the DRS activated.

The 1st 4 turns are very similar, with all being 90-degree corners and with drivers approaching all these bends after a heavy breaking zone. These section with straights and slow corners give the first sector a stop-and-go nature.

Turn 5 and 6 build the first chicane of the cirucit. With Turn 7, drivers arrive to the Old Town of Baku. The layout gets incredible tight with daunting walls confining the middle sector. THe next two turns build another chicane which is probably the tightest section on the entire F1 calendar. Rushing through the tight corners with a huge cars requires perfect concentration from drivers.

The following section between Turn 12 and 16 feautre straights and quicker corners. This part of the circuit is a bit wider, but, with the speed increasing, the unforgiving walls are still observing every movement of drivers and are ready to punish them for every small mistake. With Turn 16, the 2.2-km-long full-throttle section begins where drivers do not lift the throttle in search of the best Top-speed on the never-ending start-finish straight.

Tire selection

Pirelli will supply the teams with the C4, C3 and C2 compounds. Interestingly, Ferrari picked a the least amount from Pirelli’s C4 soft tyres in the entire field. In contrast to the Scuderia’s allocation of seven set of C4 compound for both its drivers, some team including Red Bull, McLaren and Force India ordered ten sets.

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.

F1 Azerbaijan Grand Prix: Start time, TV channel, live stream for Y 2019 race click here.

Tune in and 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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