F1: Ferrari (NYSE:RACE) Introduces its New SF70H Racer
$RACE
Friday, Ferrari (NYSE:RACE) revealed the SF70H, the car that drivers Sebastian Vettel and Kimi Raikkonen will be driving to glory in the Y 2017 Formula One season.
The Italian manufacturer released images of their latest innovation on Friday as Ferrari hope to make their way back into title contention in Y 2017.
The reputation of the constructor means Ferrari have come to expect a certain standard of competition each season, although Formula One writer Alan Baldwin noted an unfortunate coincidence of their latest car’s name:
The best Messrs Vettel and Raikkonen were able to muster last season was a handful of 2nd-place finishes apiece as they finished 4th and 6th in the drivers’ standings, respectively.
The hope is their luck will change in the SF70H, as Ferrari provided a more detailed look inside the car they hope can bring in their first drivers’ championship since Mr. Raikkonen grasped the title back in Y 2007.
Formula One previously explained that rule changes to the chassis and tires of the cars has put more of an emphasis on speed this season, and Ferrari’s evolution to the SF70H reflects those changes.
Perhaps most noticeable among said changes is the fin on the engine cover and the increased size of the tires, per Ferrari.
Ferrari have announced their newest creation before they’re scheduled to take it to Barcelona for 2 four-day testing sessions, the 1st of which runs from Monday until Thursday
The last few seasons in F1 have witnessed big changes to the power unit design and regulation, but this season’s changes to bodywork law promises to see some of the fastest times known to the sport.
Ferrari will bank on the SF70H being their Key to clocking the fastest laps for the time being, although we will not know what the creation is really capable of until F1 descends upon Catalonia next week.
| Symbol | Last Trade | Date | Change | Open | High | Low | Volume |
| NYSE:RACE | 65.09 | 24 February 2017 | -0.58 | 65.26 | 65.45 | 64.76 | 408,800 |
| HeffX-LTN Analysis for RACE: | Overall | Short | Intermediate | Long |
| Very Bullish (0.56) | Bullish (0.44) | Bullish (0.44) | Very Bullish (0.79) |
Have a terrific weekend.
F1: Ferrari (NYSE:RACE) Introduces its New SF70H Racer added by HEFFX Australia on
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