F1: Ferrari (NYSE:RACE) Had a Disappointing 2016 Racing Season

F1: Ferrari (NYSE:RACE) Had a Disappointing 2016 Racing Season

F1: Ferrari (NYSE:RACE) Had a Disappointing 2016 Racing Season

$RACE, $LMCA

On The Scuderia

Ferrari are the biggest and richest F1 team of all, but again this season The Scuderia frustrated their passionate supporters, and everyone else in Formula One who wanted to see somebody step up and challenge MercedesAMG.

If they were bad last year, when they won only 3 races and finished a distant 2nd to Mercedes, they were very bad this time round, with problems with their chassis, their aerodynamics and their strategy.

Ferrari failed to win 1 race and finished 367 points behind MercedesAMG and 70 points behind 2nd‑placed Red Bull. And they let their brilliant technical chief James Allison ankle, suggesting they “lack not only performance but ambition”, as one writer put it.

The Big Q: How the team principal, Maurizio Arrivabene, a former cigarette salesman, was allowed to survive.

On Ferrari’s Sebastian Vettel.

Mr. Vettel is a 4X world champion who forgot how to win. That is mostly because of his inferior car, but also, his frustrations spilled over and he was too aggressive with his driving and public talk about Mr. Arrivabene. Also, here were too many outbursts and he was lucky to get away with swearing at the race director following the Mexican Grand Prix.

What’s Next for F1?

#1, Improve the Product. The new regulations for Y 2017 will help. The tires will be fatter, the cars will be more aggressively designed and they should be 4 to 5 secs faster, too.

But that is just a start.

John Malone’s Liberty Media (NASDAQ:LMCA ), the new owners must show their vision for the future next season. They must address falling attendances and television audiences. They must embrace social media and do their best to attract a younger audience, while not alienating us older fans. Rules and regulations should be simplified, but the racing teams to raise their game. It is no good blaming MercedesAMG for being too good. F1 need more teams and drivers competing for wins.

F1 needs a better show ad bigger sounds, and Ferrari needs a new and really savvy team principal that is an engineer.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 54.12 30 November 2016 -0.62 54.94 54.99 54.11 602,800
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.32) Neutral (0.11) Very Bullish (0.50) Bullish (0.35)
Symbol Last Trade Date Change Open High Low Volume
NASDAQ:LMCA 31.29 Nov-30-2016 -0.31 31.73 32.29 31.24 372,500
HeffX-LTN Analysis for LMCA: Overall Short Intermediate Long
Neutral (0.20) Neutral (0.09) Bullish (0.31) Neutral (0.21)

Stay tuned…

 

 

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.