F1: Ferrari (NYSE:RACE) Brought Performance Upgrades to the Austrian GP

F1: Ferrari (NYSE:RACE) Brought Performance Upgrades to the Austrian GP

$RACE

Ferrari (NYSE:RACE) brought more developments to the Austrian Grand Prix in a bid to get more answers about its F1 car’s performance, after some of the prior upgrades under-delivered.

The Scuderia had lots of updated parts at last weekend’s French Grand Prix but the new floor was removed after practice.

It persevered with a new front and rear wing, and new brake ducts, as it continues to try to close the gap to dominant championship leader MercedesAMG, and Ferrari has more development for this weekend’s contest at the Red Bull Ring.

Ferrari team principal Mattia Binotto admitted after the French race: “I do not think we got all the answers from that weekend.

“The floor not working properly is a lack of answers. We will work on that 1 and we will have some test items again in Austria to try to understand, and we will only understand fully when all the parts work as expected.”

Ferrari has “various” parts to evaluate although the focus is mainly on why its updates in France did not work as expected.

Ferrari’s 4X world champion lead driver, Sebastian Vettel, who finished 5th at at France after starting 7th, said Ferrari faces a “huge challenge” but is “throwing everything at it”.

“The pressure is there and the ambition is there to keep improving,” said Mr. Vettel.

“If it was easy we would do it overnight and have done it already.

“It’s not easy, they [MercedesAMG] are very strong and currently showing the limits to all the other teams.

“It is up to us to come up with solutions to make our car faster and put pressure on them.

Scuderia Ferrari trails MercedesAMG by 140 points after its rival’s 8th win and 6th 1-2 in 8ht races.

Mr. Vettel is now 76 points behind Lewis Hamilton in the drivers’ championship.

“Maybe I am not smart enough so I’m not overthinking these things,” said Mr. Vettel when asked how he keeps his motivation high in such circumstances.

“I just look forward. I am part of the team, that’s what I want to be. I try to help where I can.

“We look forward to the next race, but also I try to help in] setting the right path for 3, 4, 5 races time or the future in general.

“I do not find the challenge now different to last year or the year before. 
“Obviously we’re in a better place than in 2015 and 2016.

“It is true that last year at this point we were more competitive. It does not make much sense to spend much time in where we were last race, or 10 races ago, in terms of results and gaps.

“What is important is to look back at these races and understand what we need to do better.”

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 Very Bullish, overhead resistance now stands at 164.00, and support at 160.84, all Key indicators are Very Bullish in here. Ferrari finished at 160.86, +1.36 Thursday in NY.

This weekend’s Austrian Grand Prix is set to get underway Sunday at 14:10p BST and 9:10a EDT.

For US viewers, all of this weekend’s sessions are live on ESPN:

Friday — Practice
FP1 – Friday, June 28, 4:55 a.m. – ESPN2
FP2 – Friday, June 28, 8:55 a.m. – ESPNU

Saturday — Qualifying
FP3 – Saturday, June 29, 5:55 a.m. – ESPN2
Qualifying – Saturday, June 29, 8:55 a.m. – ESPN2

Sunday — Race
Pit Lane Live – Sunday, June 30, 7:30 a.m. – ESPN3
On The Grid – Sunday, June 30, 8:30 a.m. – ESPN
Race – Sunday, June 30, 9:05 a.m. – ESPN

UK viewers can watch every session live on Sky Sports F1. Check local listings for all other territories.

Tune in for the Austria GP this weekend.

The following two tabs change content below.

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.

You must be logged in to post comments :  
CONNECT WITH