F1: Ferrari (NYSE:RACE) Chose Pirelli’s Ultrasofts for the Hungarian GP

F1: Ferrari (NYSE:RACE) Chose Pirelli’s Ultrasofts for the Hungarian GP

F1: Ferrari (NYSE:RACE) Chose Pirelli’s Ultrasofts for the Hungarian GP

$RACE

Ferrari’s approach to tire choice ahead of its Key rivals for the Hungarian Grand Prix.

For the Hungarian GP both MercedesAMG and Red Bull Racing are opting for 7 sets of the ultrasofts (Pirelli Purple) for each of its drivers. While Ferrari (NYSE:RACE) has given Sebastian Vettel 9 sets of the softest compound available for the race, and Kimi Raikkonen getting 8.

Ferrari’s choice leaves Messrs Vettel and Raikkonen with 3 sets of Pirelli’s soft tires.

But Ferrari is not the most aggressive team in its approach for the Hungaroring, with Renault picking 10 sets of the ultrasofts for Carlos Sainz and Nico Hulkenberg.

The full tire selections are as below.

Selected sets per driver

Selected sets per driver

Photo by: Pirelli

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 143.68 17 July 2018 1.68 141.58 144.83 141.09 270,800
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.31) Bullish (0.40) Bullish (0.30) Neutral (0.22)

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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