F1: Ferrari (NYSE:RACE) Verstappen Out Paced Kimi Raikkonen in Practice

F1: Ferrari (NYSE:RACE) Verstappen Out Paced Kimi Raikkonen in Practice

F1: Ferrari (NYSE:RACE) Verstappen Out Paced Kimi Raikkonen in Practice

$RACE

Red Bull Racing’s Max Verstappen out-paced Ferrari’s Kimi Räikkönen and teammate Daniel Ricciardo at the Circuit Gilles Villeneuve in the 2nd Free Practice Friday afternoon.

After MercedesAMG driver Lewis Hamilton was Mr. Verstappen’s closest challenger in FP1, the 4X world champion found himself back in 4th place, down more than half a sec on Mr. Verstappen’s pace-setting 1:12.198.

Mr. Hamilton set his fastest lap (a 1:12.777) earlier in the session, and on a set of supersoft Pirellis, whereas Messrs Verstappen, Räikkönen, and Ricciardo set their fastest laps on the quicker and softer hypersoft tires.

Mr. Ricciardo’s 3rd place came as something of a surprise after he remained parked in the pits for a long period of time.

Behind the Top 4, Ferrari’s Sebastian Vettel ended 5th, with Valtteri Bottas in 6th.

Like MercedesAMG teammate Lewis Hamilton, Mr. Bottas did not use the hypersoft tires, running his quickest lap on the ultrasoft compound.

The big talking point for the weekend in F1 will be the engine updates bought by Ferrari, Renault, and Honda with MercedesAMG being the only supplier not to bring an updated power unit.

The relative performance of the Renault and Honda will be particularly interesting as Red Bull Racing is set to pick between the 2 for Y 2019.

The 2nd practice session, meanwhile, was briefly interrupted by a red flag following Renault’s Carlos Sainz hitting the wall exiting Turn 7. The Spaniard hit the wall backward and bounced off it with quite some force. He was able to make it back to the pits, but the debris he left behind necessitated the track being cleaned.

McLaren’s Stoffel Vandoorne caused a brief virtual safety car phase after hitting the Turn 9 wall.

The weather is also often an issue at the Canadian Grand Prix.

The forecast looks good this year, with only partly cloudy skies predicted for both Saturday’s qualifying and Sunday’s race.

Going into the weekend

MercedesAMG’s Lewis Hamilton leads the 2018 Drivers’ Championship with 110 points.

Ferrari’s Sebastian Vettel is 2nd with 96 points

Red Bull Racing’s Daniel Ricciardo is 3rd with 72 points.

In the Constructors’ Championship, MercedesAMG leads with 178 points, Ferrari is 2nd with 156 points and Red Bull is 2rd with 107 points.

Free practice will take place throughout the day Friday, and qualifying for the Canadian Grand Prix will be Saturday at 2:00p. EDT, with Sunday’s race scheduled to start at 2:00p EDT.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 136.32 8 Jun 2018 -0.13 136.22 136.57 135.23 119,275
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.42) Bullish (0.31) Bullish (0.36) Very Bullish (0.58)

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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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