F1: Ferrari’s (NYSE:RACE) 3rd at Monza with a “Broken” Racer

F1: Ferrari’s (NYSE:RACE) 3rd at Monza with a “Broken” Racer

F1: Ferrari’s (NYSE:RACE) 3rd at Monza with a “Broken” Racer


Ferrari (NYSE:RACE) driver Sebastian Vettel struggled with a power steering problem in the 18 laps of the Italian Grand Prix at Monza, he did not trust the car under braking, as he drove cautiously for the Chequered Flag.

Mr. Vettel finished 3rd behind MercedesAMG’s Lewis Hamilton and Valtteri Bottas and lost the lead of the world championship, with an off at the first chicane caused by a power steering problem damaging his car.

He said that affected his pace in the last 18 laps of the 53-lap race at Monza. Red Bull Racing’s Daniel Ricciardo finish 4th.

“I went off at Turn 1 and I think something broke,” said Mr. Vettel.

“The left side of the steering was a bit down and I couldn’t trust the car on braking.

“Monza is a fast and braking track, so the last laps did not show the pace I could have done.”

Mr. Vettel believes Ferrari was 1/2 sec a lap slower than MercedesAMG on pace at Monza, but insists he is not concerned by this after what he called an “Up & Down” weekend.

As Monza is an unusual track with very low downforce, long straights and few corners, he is not reading too much into the result.

“We probably lacked half a second per lap today but there are not all the parts you can judge,” said Mr. Vettel.

“I am not worried by the gap, Monza is specific place and if you have that bit of confidence it makes a difference.

“We knew it would be a difficult race, perhaps we expected to be closer.

“It’s not nice to see them winning but with third we gave everything we had. I am very positive right now.”

Despite the bad result and losing the points lead after back-to-back victories for Hamilton at Spa and Monza, Mr. Vettel remains confident in Ferrari’s ability to challenge MercedesAMG in the remaining 7 races of the Y 2017 season

“You could say it was a bad day, but I know the team is on the right way and there is a lot of stuff that is going to improve,” said Vettel.

“Overall, it has been amazing to see where we are, but I know we will get strong so I am in a positive mood.

“I’m not worried. I know that there is still a long way to go and we have the people behind us, so it is a great feeling.”

The Scuderia Team Boss Maurizio Arrivabene said,
“It’s been a difficult weekend at a track that definitely didn’t suit the technical characteristics of the SF70H. The great crowd of our fans here at Monza supported us all the way and the entire team thanks them for that. After a far from ideal qualifying in the wet, Sebastian managed to get the better of the drivers directly ahead of him on the grid and thus make it to the podium. As for Kimi, he had a more difficult time due to the balance on his car being inconsistent. Despite the fact that everyone in the team did their utmost, we cannot be satisfied with this result. We will tackle the next race in Singapore with our feet on the ground and with our usual determination.”

Singapore in 2 weeks, so 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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