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Tuesday, September 21, 2021
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F1: Ferrari’s (NYSE:RACE) Charles Leclerc Grateful to Seb Vettel After Inking New Contract

$RACE

Charles Leclerc, 22 anni, has expressed his gratitude to Seb Vettel for helping him to hit the ground running at Ferrari and is keen get it on after signing his new deal Monday.

Mr. Leclerc’s reward for an impressive 1st season with The Scuderia was a contract extension until the end of Y 2024.

He finished in 4th place in the driver standings, 24 pts ahead of his team-mate, Mr. Vettel.

Mr. Leclerc says he has learned from Vettel’s vast experience in his 2nd year in F1 and is determined to repay the faith Ferrari have put in him.

“I am extremely happy about this year. I have learned a huge amount thanks to Seb,” he said.

“Yeah, it has been a great year. For me a realisation of a dream since childhood. I have always dreamed to be in Formula One but especially with Ferrari.

To be now with this team is unbelievable and now it’s up to me to work, to get better, and hopefully give them the success they deserve.”

The former Sauber driver added: “At the beginning of the season if you had told me I would have had 7 poles and 10 podiums, I would not have believed it.

It is definitely better than what I expected, but looking back there were quite a lot of mistakes, so the target is to understand them.

But yes, I am satisfied about this 1st season and it has not been an easy season. In the first part we were struggling but I think we have worked well and improved in the 2nd half of the season.

“I had 2 incredible wins and Monza was all of my dreams, to be on Top of that podium with hundreds and thousands of Ferrari fans below, these experiences, I will never forget them.

Then again, I still have a lot of work to do to get better as a driver and I will put my head down and get better.

Ferrari is the Aristocrat of the automotive sector.

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 171.90, and Key support at 168.14, a Key indicators is Very Bullish (the stock is oversold) and the stock has established long term support ahead of this breakout.

Ferrari finished at 168.59, +1.58 Monday in NY.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I see it at 200+/share in that frame.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I see it at 200+/share in that frame.

Have a Happy Christmas!

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