Ferrari (NYSE:RACE) topped both Friday practice sessions at the F1 German Grand Prix with Sebastian Vettel and Charles Leclerc claiming a session each, as MercedesAMG struggled at a very hot Hockenheim track
Europe is in the middle of a Saharan heatwave, with temperatures far warmer than normal, and this is proving to be a difficult problem for MercedesAMG.
Thunderstorms and rain are predicted for the rest of the weekend, it could become a real exciting race.
“I think it’s so hot that all of the teams are plateauing on the grip level,” MercedesAMG boss Toto Wolff said. “You overheat the tire surface at a certain stage and you cannot extract any down-force anymore.
“The day’s ambient temp is a complete outlier to tomorrow, so it is very difficult to judge where we are.”
|1||Charles Leclerc||Scuderia Ferrari||S||1:13.449|
|2||Sebastian Vettel||Scuderia Ferrari||S||+0.124|
|3||Lewis Hamilton||MercedesAMG Petronas Motorsport||S||+0.146|
|4||Valtteri Bottas||MercedesAMG Petronas Motorsport||S||+0.662|
|5||Max Verstappen||Aston Martin Red Bull Racing||S||+0.684|
|6||Romain Grosjean||Rich Energy Haas F1 Team||S||+0.730|
|7||Lance Stroll||SportPesa Racing Point F1 Team||S||+0.819|
|8||Kimi Raikkonen||Alfa Romeo Racing||S||+1.009|
|9||Nico Hulkenberg||Renault F1 Team||S||+1.023|
|10||Sergio Perez||SportPesa Racing Point F1 Team||S||+1.069|
|11||Carlos Sainz Jr.||McLaren F1 Team||S||+1.213|
|12||Daniil Kvyat||Red Bull Toro Rosso Honda||S||+1.351|
|13||Daniel Ricciardo||Renault F1 Team||S||+1.561|
|14||Alexander Albon||Red Bull Toro Rosso Honda||S||+1.613|
|15||Pierre Gasly||Aston Martin Red Bull Racing||M||+1.640|
|16||Lando Norris||McLaren F1 Team||S||+1.798|
|17||Antonio Giovinazzi||Alfa Romeo Racing||S||+1.957|
|18||Kevin Magnussen||Rich Energy Haas F1 Team||S||+2.021|
|19||George Russell||ROKiT Williams Racing||S||+3.451|
|20||Robert Kubica||ROKiT Williams Racing||S||+3.531|
Enzo Ferrari’s iconic Italian Supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos.
HeffX-LTN overall technical outlook for RACE is Very Bullish, overhead resistance is lite at 176.44, and very strong support at 166.10, all Key indicators are Very Bullish in here. Ferrari finished at 167.51, -0.51 Wednesday in NY.
Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term investment, and I see it at 200/share in that frame.