F1: Ferrari’s (NYSE:RACE) Mission, Goal is to Win!

F1: Ferrari’s (NYSE:RACE) Mission, Goal is to Win!

$RACE

FLASH: It could be some party for The Vettel Family should Seb win Sunday

Ferrari’s (NYSE:RACE) lead shoe, Sebastian Vettel insists it is no burden to race for Ferrari, though acknowledged the team are still missing “the final step” to be able to compete with MercedesAMG.

Mr. Vettel stands 4th in the F1 standings 100 pts adrift of leader Lewis Hamilton heading into his home Grand Prix in Germany this weekend.

The 4X F1 champion crashed out of the British Grand Prix at Silverstone in the last race having collided with Red Bull Racing’s driver Max Verstappen.

His hopes of a 5th crown look all but over, though he believes Ferrari are on the right track to success.

It does not feel like a burden it feels like a privilege to go out and race for Ferrari,” Mr. Vettel told a news conference.

“Obviously my mission and my goal and the team’s goal is to get back to winning ways. If we do that then we have a much better chance to fight for the championship.

“I think things are progressing in the right direction in the bigger picture but the big picture doesn’t interest you if you are not where you would like to be.

We all know Formula One is a world where people are short-sighted which is also fair and part of the game but overall if things look good we are still missing that final step which is the most important step.”

Mr. Vettel took full responsibility for the clash with Mr. Verstappen at Silverstone and he added nobody is a bigger critic than himself.

“I always put myself under pressure so I can’t be happy if things go wrong,” Vettel said. “I think the main thing is that we keep progressing in the right way. The pressure I put on myself after that is bigger than any external factors.

“This has been the same for as long as I can remember. I think the best and honest and straightforward way to deal with it myself as I know what I’ve done wrong and what I have done right, I know when I had the opportunity to do well, I think you are always your best judge no matter what you do.”

Mr. Vettel hopes this past year is the anomaly in his F1 racing career and not the beginning of the end. His fans are pulling for him the turn the page this weekend at Hockenheim, I am 1 of them.

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 lite at 176.44, and very strong support at 166.10, all Key indicators are Very Bullish in here. Ferrari finished at 167.51, -0.51 Wednesday in NY.

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

Stay tuned, there is F1 racing this weekend in Germany click here for the schedule

Ferrari announced Thursday, that its financial results for Q-2 Y 2019 will be released Friday, 2 August 2019.

A live audio webcast and conference call of the Q-2 results will begin at 2:00p BST / 3:00p CEST / 9:00a.EDT Friday, 2 August.

Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate website here prior to the event.

Mr. Vettel hopes this past year is the anomaly in his F1 racing career and not the beginning of the end. His fans are pulling for him the turn the page this weekend at Hockenheim, I am 1 of them.

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 lite at 176.44, and very strong support at 166.10, all Key indicators are Very Bullish in here. Ferrari finished at 167.51, -0.51 Wednesday in NY.

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

Stay tuned, there is F1 racing this weekend in Germany click here for the schedule

The following two tabs change content below.

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.

You must be logged in to post comments :  
CONNECT WITH