F1: Ferrari (NYSE:RACE) Charles Leclerc’s Boyhood Dream Coming True

F1: Ferrari (NYSE:RACE) Charles Leclerc’s Boyhood Dream Coming True

$RACE

FLASH: Charles Leclerc knew he wanted to be a F1 driver by the time he was 4 anni.

He grew up in Monaco, home of the most famous Grand Prix of all, he says his 1st memory of the race is playing with toy cars at a friend’s apartment on the exit of the 1st corner, watching the Grand Prix at the same time, “dreaming of being there one day“.

The car he dreamed about was Michael Schumacher’s Ferrari. And the dream has come true. Mr. Leclerc at just 20 anni is driving his own F1 Ferrari (NYSE:RACE) and a ranking member of The Scuderia.

Recall that the headlines after last Sunday’s British Grand Prix focused on Lewis Hamilton’s record 6th victory at Silverstone, in many ways the highlight of the race was Mr. Leclerc’s epic battle with Red Bull Racing’s Max Verstappen for the 1st 20 laps. It was just the latest indication that Mr. Leclerc is a man with a very bright future in motor-racing.

At the halfway point of his 1st season at Ferrari, only his 2nd in F1, he might have had 1 victory and possibly more, fate said no, not yet.

In Monaco, he had set the pace in final practice, only for a strategy error by Ferrari to see him knocked out of the 1st part of qualifying. Losing the lead to a charging Verstappen with 2 laps to go in Austria disappointed too.

He said: “It motivates me even more to try to progress and take that first win as quickly as possible. That’s my target. I am trying to work as hard as possible and hopefully it will come soon.”

The way things are looking now, Leclerc-Verstappen may turn into the next great F1 rivalry.

I really hope so,” Mr. Leclerc says. “We had some very good fights in karting that didn’t always end in a good manner, but it was fun, good times.”

They have had wheel-to-wheel battles in the past 2 races, their brief intense fight for the lead in Austria preceding the much more drawn-out and even more intense one at Silverstone.

And I cannot wait to have more with him,” Mr. Leclerc said. “In the end, we have done most of our career together, so it is fun to find ourselves again here in Formula 1.”

He went on to say, “Well, hopefully the 1st win to come very soon. And many more after. But at the end the target is the first win now, trying to take the opportunity whenever we have it.

“In the future… my dream as a child was being a world champion. Now I am finally in a team where I think this can be a reality so we need to keep working and hopefully this will happen 1 day.”

All of the information on how to watch this weekend’s German Grand Prix live is right here.

The 2019 German Grand Prix takes place on Sunday 28 July. Cars will hit the track for the 1st time during FP1 and FP2 Friday, before FP Saturday, and Qualifying takes place Sunday.

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 Very Bullish, overhead resistance is lite at 176.53, and very strong support at 166.29, all Key indicators are Very Bullish in here. Ferrari finished at 168.43, +1.33 Tuesday in NY.

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.

Stay tuned, there is 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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