F1: Ferrari (NYSE:RACE) Steeped in Monza’s History

F1: Ferrari (NYSE:RACE) Steeped in Monza’s History

F1: Ferrari (NYSE:RACE) Steeped in Monza’s History

$RACE

  • Lewis Hamilton knows Ferrari is hunting him
  • Red Bull reliability ‘unacceptable’ – Max Verstappen
  • Alonso ‘at back of grid’ for Italian GP

At Monza Ferrari’s (NYSE:RACE) history is both famous and memorable.

At Monza, yesteryear is present, and the present carries the stuff of the future, plus memories.

Over the years this race course has not changed very much from when I was 1st here in Y 1969.

Apart from the chicanes that were inserted to slow it down 40 or so years ago, the one on which MercedesAMG’s Lewis Hamilton and Ferrari’s Sebastian Vettel will race this year is the same as the one from the late 1960’s through the 1920’s.

So much of Italy and and Ferrari’s racing history happened at Monza. Great wins, Tragic losses. If you are a Tifosi you can feel the history of the place, and the ghost of the greats that haunt it.

At this time of the year the light in Lombardy Golden, with the Italian Alps to the North, the visuals are terrific.

On this F1 race weekend there a madness capped serenity. The fans packing the grandstands, chanting, cheering, the traffic crazy, and today it is 10X worse than in Y 1969, even then it was challenging.

The enthusiasm of the Tifosi is the highest at this Italian ‘Temple to Speed’, and the famous team that is such a part of it.

Over the past 10 years, a Scuderia driver has come to Monza as a title contender 2X;-Fernando Alonso in Y’s 2010 and 2012. Both time challenged by the odds.

But, this year, Mr. Vettel is not only leading the championship but is the favorite to boot, plus Ferrari is way ahead in the constrictors championship scores

Monza is F1 Tier 1 motorsport at its best.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 114.6 30 August 2017 0.84 114.56 114.87 114.2 667,900
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Very Bullish (0.51) Very Bullish (0.52) Bullish (0.44) Very Bullish (0.58)

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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