F1: Ferrari (NYSE:RACE) Exhibits Good Reliability and Strong Pace in 1st Week of Tests

F1: Ferrari (NYSE:RACE) Exhibits Good Reliability and Strong Pace in 1st Week of  Tests

$RACE

The 1st week of F1 testing saw Ferrari (NYSE:RACE) a step ahead of MercedesAMG, Red Bull Racing and the others.

Ferrari showed good pace and reliability throughout the 1st 4 days of testing in Spain, while MercedesAMG did not look up to full speed and may have been ‘sandbaging’.

Although teams often avoid showing their full potential in testing, MercedesAMG has usually showed better at this point in prior seasons.

‘They do seem very strong, no matter which kind of fuel load or engine mode they’re running,” MercedesAMG driver Valtteri Bottas said of Ferrari. ”Whatever you try to correct that for, in any case, they are quick, on short runs and long runs. I think we feel, at this point, that they’re going to be a bit ahead, but obviously it’s impossible to make a detailed calculation.”

”I think we have a lot of potential, but it’s not yet quite there,” Mr. Bottas said. ”But I feel a sense in the team of a bit of an excitement to discover more about the car and to improve it, because at this point, it looks like we are not miles ahead of everyone. It seems like . Ferrari are in a better place.”

Lewis Hamilton Wednesday predicted a stronger challenge from Ferrari this year. The 5X world champion beat Ferrari’s Sebastian Vettel the last 2 seasons in the drivers’ championship. MercedesAMG has won the constructors’ title for 5 years running.

Messrs Hamilton and Bottas had faster overall times than Messrs Vettel and Leclerc, although their laps came on faster tires. MercedesAMG also ran 12 more laps than Ferrari during the 4 days of testing.

Mr. Vettel was the fastest driver Monday.

2019 Testing

Testing will continue Tuesday-Friday at the Barcelona-Catalunya Circuit, home to the Spanish Grand Prix in May.

The season-opening Australian Grand Prix is on 17 March.

Ferrari’s Brand: Ferrari became the world’s strongest brand, with a score of 94.8 out of 100 and an AAA+ rating just last month.

The Italian supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos.

Ferrari is the Aristocrat of the automotive sector.

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

Have a terrific 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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