F1: Ferrari (NYSE:RACE) Ready to Challenge the Odds This Weekend at COTA

F1: Ferrari (NYSE:RACE) Ready to Challenge the Odds This Weekend at COTA

F1: Ferrari (NYSE:RACE) Ready to Challenge the Odds This Weekend at COTA

$RACE

Ferrari’s (NYSE:RACE) F1 Team is ready to “challenge the impossible” with Lewis Hamilton on the brink of a 5th F1 title at this weekend’s United States Grand Prix.

Mr. Hamilton has won 6 of the last 7 races to open up a 67-point advantage over Sebastian Vettel in the drivers’ standings and put himself on the edge of retaining his crown.

If the MercedesAMG driver triumphs in Texas, and Mr. Vettel finishes 3rd or lower, Mr. Hamilton will match Juan Manuel Fangio’s number of titles and stand 2 adrift from drawing even with all-time great Michael Schumacher.

However, The Scuderia’s Chief Maurizio Arrivabene is unwilling give up in the face of MercedesAMG’s topping the standings for drivers and constructors for the 5th straight season.

“I know that the situation looks impossible, but our job sometimes is to challenge the impossible. This is what we’re going to try to do,”F1 Team Chief Arrivabene told the press.

“We win and we lose together.”

Mr. Vettel finished 6th behind team-mate Kimi Raikkonen in Japan last time out and Ferrari needs a much-improved performance to keep the title contest alive until the following Grand Prix in Mexico.

STANDINGS

Drivers

1. Lewis Hamilton (MercedesAMG) 331
2. Sebastian Vettel (Ferrari) 264 (-67)
3. Valtteri Bottas (MercedesAMG) 207 (-124)
4. Kimi Raikkonen (Ferrari) 196 (-135)
5. Max Verstappen (Red Bull) 173 (-158)

Constructors

1. MercedesAMG 538
2. Ferrari 460 (-78)
3. Red Bull 319 (-219)
4. Renault 92 (-446)
5. Haas 84 (-454)

RACEWEEK SCHEDULE (all times US local)

Friday

FP1 (10:00-11:30)
FP2 (14:00-15:30)

Saturday

FP3 (13:00-14:00)
Qualifying (16:00-17:00)

Sunday

Race (13:10-15:10)

F1 FACT

The USA has used more circuits than any other country in F1 (10).

PREVIOUS WINNERS

2017: Lewis Hamilton
2016: Lewis Hamilton
2015: Lewis Hamilton

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 114.19 18 October 2018 -4.74 116.45 116.71 113.93 681,246
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (-0.16) Neutral (-0.17) Bearish (-0.38) Neutral (0.06)

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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