F1: Ferrari (NYSE:RACE) Expected to ‘Charge Hard’ at Monaco

F1: Ferrari (NYSE:RACE) Expected to ‘Charge Hard’ at Monaco

F1: Ferrari (NYSE:RACE) Expected to ‘Charge Hard’ at Monaco

$RACE

  • Sebastian Vettel at Monaco will fires up Ferrari fans

F1’s Managing Director of Motorsports Ross Brawn says he expects Ferrari (NYSE:RACE) to fight back in the wake of MercedesAMG’s Spanish Grand Prix victory.

Ferrari claimed back-to-back wins to open the Y 2018 season and was in a position to contend for victories at the following 2 events, but has faded a bit since.

Ferrari entered the Spanish Grand Prix atop the standings but MercedesAMG dominated that weekend, locking out the front-row of the grid before running to a 1-2 finish.

Ferrari’s Sebastian Vettel came 4th, after a 2nd pit stop due to concerns over tire wear, while team mate Kimi Raikkonen retired due to engine issues.

Mr. Brawn, though, expects Ferrari to mount a strong come back, starting in Monaco, where The Scuderia was the Top runner 12 months ago.

“For the 1st time this season, MercedesAMG was the dominant force from start to finish over the weekend,” said Brawn.

“Barcelona was its 2nd win of the year, but it was a far more commanding performance than the 1 in Baku.

“Lewis Hamilton and Valtteri Bottas showed a flash of what we had seen in qualifying in Melbourne, namely their and the car’s full potential.

“Hamilton in particular had a weekend in which he was untouchable, especially in the race

“Is it a turning point, after Ferrari seemed to be the fastest team over the 1st 4 races?

“It’s not that clear cut, because I expect that the Scuderia will fight back in Monaco, as will Red Bull, who were competitive in Spain, but not enough to fight for pole or the win.”

Mr. Brawn added: “For the 1st time this year, Ferrari really showed a drop in form.

“In all four previous races, the Italian team was always in the fight for Pole, taking 3 out of 4, and for the win, which suggested the SF71H was the best car.

“Next up comes the Monaco Grand Prix and I expect to see Ferrari back on the pace there, capable of winning.”

PS: Ferrari will come with power and charge hard. PE

Monaco GP this weekend, tune in.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 132.53 18 May 2018 -1.20 133.16 133.39 132.31 211,100
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.29) Neutral (0.11) Neutral (0.23) Very Bullish (0.54)

Have a terrific week.

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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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