F1: Ferrari (NYSE:RACE) Finishes Barcelona Formula 1 Test “On Top”

F1: Ferrari (NYSE:RACE) Finishes Barcelona Formula 1 Test “On Top”

F1: Ferrari (NYSE:RACE) Finishes Barcelona Formula 1 Test “On Top”

$RACE

Kimi Raikkonen put Ferrari on top of the time sheets on the last day of the opening Formula 1 pre-season testing at Barcelona.

The F1 Teams were offered the opportunity to test Pirelli’s new wet tyres courtesy of an artificially watered circuit.

The simulated wet conditions only lasted for an hour limiting the amount of wet tire running with Mr. Raikkonen and Red Bull’s Max Verstappen among the runners to test the new rubber.

However, once the track dried it was Mr. Raikkonen who set the pace with a 1:20.872 while running the soft tires.

“We are pretty optimistic every year, but then how it turns out at the end of the year is hard to say,” said Mr. Raikkonen.

“I think we learned our lessons from the past years. The team has done a good job over the Winter and if it’s good enough we will see during the year.

“So far it’s been a good feeling, so we can’t complain too much. Compared to last year it feels a lot better, but it’s because of the rules.

“We have been doing our own stuff and we are happy with how things are going.”

Red Bull emerged as the Finn’s nearest rival with Max Verstappen 0.8s adrift of the Maranello Team.

A late run from Jolyon Palmer put Renault 3rd as the Brit lapped within a 2nd of Mr. Raikkonen after taking over from Nico Hulkenberg.

World Champion squad MercedesAMG endured its 1st difficulties in pre-season testing when the W08 developed an electrical fault.

The issue prevented Lewis Hamilton from any running in the morning.

Team-mate Valtteri Bottas did however complete 68 laps in the afternoon although the Brackley squad elected to end his day early.

Haas F1’s encouraging test ended with Romain Grosjean emerging 4th just ahead Sauber’s Antonio Giovinazzi, who is filling in for Pascal Wehrein.

Sergio Perez put Force India in 6th while McLaren were 7th after Stoffel Vandoorne managed to record 67 laps in the MCL32.

It proved to be a bad day for Toro Rosso who completed just 1 lap with Daniil Kvyat at the wheel.

The Red Bull sister squad underwent an engine change in the morning but the car failed to appear for the remainder of the day.

Williams was absent from the final day due to significant damage caused to the FW40 by Lance Stroll.

Result: Formula 1 Pre-Season Test Day 4, Barcelona

Position Driver Car Time Gap Laps
1 Kimi Raikkonen Ferrari 1:20.872s 93
2 Max Verstappen Red Bull/Renault 1:21.769s +0.897s 85
3 Jolyon Palmer Renault 1:21.778s +0.906s 39
4 Romain Grosjean Haas/Ferrari 1:22.309s +1.437s 118
5 Antonio Giovinazzi Sauber/Ferrari 1:22.401s +1.529s 84
6 Sergio Perez Force India/Mercedes 1:22.534s +1.662s 82
7 Stoffel Vandoorne McLaren/Honda 1:22.576s +1.704s 67
8 Valtteri Bottas Mercedes 1:23.443s +2.571s 68
9 Nico Hulkenberg Renault 1:24.974s +4.102s 51
10 Daniil Kvyat Toro Rosso/Renault 1
Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 65.97 2 March 2017 0.10 65.87 66.18 65.79 473,100
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Very Bullish (0.64) Bullish (0.48) Very Bullish (0.69) Very Bullish (0.75)

Stay tune…

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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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