F1: Ferrari’s (NYSE:RACE) Key Boost for 2019 Revealed

F1: Ferrari’s (NYSE:RACE) Key Boost for 2019 Revealed

$RACE

FLASH: New Team principal has eliminated a culture of fear.

Praise for the new Team Boss who has brought back the feel-good factor has been a fundamental part of the Ferrari F1 team’s pre-season.

The Scuderia’s Mattia Binotto has eliminated the air of misery that hobbled the Maranello Team as its latest title bid turned South in Y 2018.

With his feel good approach to internal and external communication and a deep personal connection to the F1 team, Mr. Binotto has been the perfect antidote to Ferrari’s ills under Maurizio Arrivabene.

Mr. Binotto has made it very clear that he is willing to take tough decisions previous Ferrari bosses have dithered over, including the early declaration that while Sebastian Vettel and Charles Leclerc are free to race, Vettel is the initial focal point for the championship. That message is logical and Zero-BS, the sort of thing Ferrari needs at the Top.

Mr. Binotto wants his team to push hard with developments, to not be afraid to trial something risky or different. That has been hard for Ferrari to fully embrace because there is a long-standing culture of fear and blame.

Prior, push too far, make a mistake, get punished. Being conservative eliminates that risk, and the dread, makes life easier and worth winning for.

Sebastian Vettel says it has been “inspirational” to see his Ferrari’s teams spirit unaffected by its fall over in the Y 2018 championship fight with MercedesAMG.

No more finger pointing, team working together to win is Key!

Ferrari’s Brand: Ferrari became the world’s strongest brand, with a score of 94.8 out of 100 and an AAA+ rating just last month.

The Italian supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos.

Ferrari is the Aristocrat of the automotive sector.

HeffX-LTN overall technical outlook for RACE is Bullish across the board, and there is very little resistance here and none above 140.26. All of our Key indicators are Very Bullish in here.

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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