F1: Ferrari (NYSE:RACE) Gives Vettel Engine Upgrade for British GP

F1: Ferrari (NYSE:RACE) Gives Vettel Engine Upgrade for British GP

F1: Ferrari (NYSE:RACE) Gives Vettel Engine Upgrade for British GP

$RACE

Sebastian Vettel’s championship bid gets a power boost this weekend after Ferrari delivered him an upgraded engine to the British GP.

The Scuderia introduced their 3rd engine of the season at Silverstone as they chase their 1st victory at the circuit since Y 2011.

“We’ll fit a new engine and I do not think it will be a big difference, but we have some things planned,” Mr. Vettel said Thursday.

“It was the plan to have the new engine here, so we are on plan.”

Notably, Mr. Vettel holds a 20-pt lead over MercedesAMG’s Lewis Hamilton in the Drivers’ Championship going into this weekend, he won the British GP once in his career, in Y 2009 with Red Bull.

The FIA will confirm Friday morning what areas of the power unit Ferrari have upgraded for Silverstone.

Mr. Vettel has extended his championship lead over the past 2 races.

Mr. Vettel says he is not concerned about the championship standing just now, instead focusing on Ferrari’s competitiveness and where they can improve.

Sebastian Vettel received a warm reception at Wednesday’s F1 London Live, home town’r Lewis Hamilton was a no show, choosing to party in Greece instead.

“It is a fair crowd. It is a crowd that appreciates if you have done a good job. I don’t see it as a fight or whatever,” he added. “For us it’s great to be at the front fighting for positions. The more support we get the better it is.

“The bigger motivation for me to win here is that Silvertsone is the home of racing, there is a lot of history at this grand prix and a lot of history of racing in this country.

“If you win you get a trophy for a couple of seconds before they take it away from you again. It’s been a long time since I had that trophy in my hand and I want to have it again. It’s very special, you can read out all the names of the drivers that can win here and that is the bigger motivation rather than it can hurt Lewis or Mercedes.”

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 92.77 13 July 2017 -0.11 92.53 93 92.19 396,853
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.40) Bullish (0.27) Bullish (0.44) Very Bullish (0.50)

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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