F1: Ferrari (NYSE:RACE), Mick Schumacher Close to Junior Deal for 2019

F1: Ferrari (NYSE:RACE), Mick Schumacher Close to Junior Deal for 2019

$RACE

Mick Schumacher, the son of 7X F1 world champion Michael, is close to confirming a deal to join Ferrari’s young driver programme.

The 2018 European F 3 Champion has courted the interest of F1’s biggest teams since clinching his 1st car-racing title last season.

Mr. Schumacher’s father won 5 of his world championships with Ferrari in a dominant frame from Y’s 2000 to 2004.

He spent 11 seasons with the Maranello Outfit, joining The Scuderia in Y 1996 before retiring at the end of the Y 2006 campaign.

Mick Schumacher has not been affiliated to an F1 team since starting his car-racing career in Y 2015, although he had an unofficial link to another of his father’s former teams, MercedesAMG, during his 2 seasons in F3 because he used the German manufacturer’s engines.

Ferrari has made it clear in the past that it would jump at the opportunity to work with young Mick Schumacher, 19 anni,

It is understood that a deal for Mr. Schumacher to join the Ferrari Driver Academy is close to being made official.

A request for comment from the Schumacher camp has not yet been answered.

The move will likely give Mr. Schumacher, who is preparing to race in F2 this season, his 1st track time in an F1 car during 1 of the in-season tests.

There are 2 2-day tests scheduled during the Y 2019 campaign, and 2 of those days must be completed by a driver who has not competed in more than 2 world championship F1 races in their career.

Last year Antonio Giovinazzi did the testing, but he has moved into a full-time race seat with Sauber for Y 2019.

That would make Mr. Schumacher, who has enough super-licence points to qualify for a race licence let alone test an F1 car, the prime candidate to test for Ferrari.

Mr. Schumacher’s tying up with Ferrari would reunite 2 of F1’s most famous names.

His father Michael has not been seen in public since suffering a severe head injury in December 2013.

His 50th Birthday celebrations earlier this month were marked by a series of tributes from some of F1’s biggest personalities.

HeffX-LTN’s overall technical outlook for RACE is Neutral to Bullish in here.

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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