F1: Ferrari’s (NYSE:RACE) Leclerc Came Close Again

F1: Ferrari’s (NYSE:RACE) Leclerc Came Close Again

$RACE

FLASH: Red Bull Racing’s Max Verstappen won in Austria, result investigated, victory stands

Recall that Charles Leclerc came very close to becoming an F1 race-winner in Bahrain, Sunday he was denied a win again at the Austrian Grand Prix after being overtaken 2 laps from the Chequered flag by Max Verstappen, who marked his 2nd win in 2 years at the Red Bull Ring.

But, as the Chequered flag fell the result was under investigation as the stewards announced they would review his pass of Mr. Leclerc.

The 2 young drivers participated in a super late race dual before the Red Bull Racing driver zipped past the races leader Leclerc at Turn 3 on Lap 69 of 71, where they banging wheels as Leclerc ran off the track.

Mr. Verstappen held on to cross the line and posted the 5th win of his career, and the 1st for a non-MercedesAMG racer in Y 2019, and giving Honda’s 1st win since Y 2006.

Valtteri Bottas finished 3rd for MercedesaMG, while a late pass on Lewis Hamilton saw Sebastian Vettel finish 4th after making a 2-stop strategy work, with Mr. Hamilton coming 5th, the 1st time he’s finished outside the Top 2 this year.

Behind Mr. Hamilton, Lando Norris was a 6th for McLaren, holding off the Red Bull of Pierre Gasly, while Carlos Sainz, having started at the back of the grid, was 8th, ahead of the 2 Alfa Romeos of Kimi Raikkonen and Antonio Giovinazzi, the Italian scoring his 1st F1 point.

FORMULA 1 MYWORLD GROSSER PREIS VON ÖSTERREICH 2019

Race results

POSITIONTIMEPOINTS
1  Max VERSTAPPEN Red Bull Racing1:22:01.82226
2  Charles LECLERC Ferrari+2.724s18
3  Valtteri BOTTAS MercedesAMG+18.960s15
4  Sebastian VETTEL Ferrari+19.610s12
5  Lewis HAMILTON MercedesAMG+22.805s10

VIEW FULL RESULTS

F1 Next: The British Grand Prix at Silverstone on 12-14 July where Sebastian Vettel won last year for Ferrari. The Scuderia would love to repeat that Silverstone win there in Y 2019.

Ferrari is the Aristocrat of the automotive sector.

The 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 now stands at 164.00, and support at 160.84, all Key indicators are Very Bullish in here. Ferrari finished at 160.86, +1.36 Thursday in NY.

Have a terrific week.

AristocratAustrianbrandbullBullishchampionshipClassicexperienceF1FerrariGPHamiltonluxuryMeercedesAMGpriceraceRedresistanceRingScuderiastockssupportvalue, Verstappen, Leclerc, Vettel, Bottas,

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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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