F1: Ferrari (NYSE:RACE) Splits Driving for Final Pre-Season Test Week

F1: Ferrari (NYSE:RACE) Splits Driving for Final Pre-Season Test Week

$RACE

FLASH: Ferrari (NYSE:RACE) declares EUR 1.03/share dividend payable on 2 May for shareholders of record 24 April, ex-div 23 April.

Ferrari will split the driving duties of Sebastian Vettel and Charles Leclerc for the final F1 pre-season test, with both drivers appearing on each day at Barcelona this week.

Traditionally, Ferrari gives its drivers full days in the car during pre-season testing with 1 day of split duties last year the only exception to that policy since the V6 turbo-hybrid era began in Y 2014.

This week The Scuderia has opted to split the running of Messrs Vettel and Leclerc for the 2nd 4-day test in Spain this week.

Mr. Leclerc kicked off the testing Tuesday morning before handing over to Mr. Vettel in the afternoon, and they will alternate who starts each day for the rest of the test.

Test two provisional line-up

TeamDay 1Day 2Day 3Day 4
MercedesAMGHamilton/BottasBottas/Hamilton*Hamilton/Bottas*Bottas/Hamilton*
FerrariLeclerc/VettelVettel/LeclercLeclerc/VettelVettel/Leclerc
Red Bull RacingGaslyVerstappenGaslyVerstappen
RenaultHulkenberg/RicciardoRicciardo/HulkenbergHulkenberg/RicciardoRicciardo/Hulkenberg
HaasMagnussenGrosjeanMagnussenGrosjean
McLarenNorrisSainzNorrisSainz
RacingPointStrollPerez*Stroll*Perez*
Alfa RomeoGiovinazziRaikkonenGiovinazziRaikkonen
Toro RossoAlbonKvyatAlbonKvyat
WilliamsRussell

Ferrari’s Brand: Ferrari became the world’s strongest brand, with a score of 94.8 out of 100 and an AAA+ rating just last month.

The Italian supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos.

Ferrari is the Aristocrat of the automotive sector.

HeffX-LTN overall technical outlook for RACE is Bullish across the board, and there is very little resistance here and none above 140.26. All of our Key indicators are Very 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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