F1: Ferrari’s (NYSE:RACE) Sebastian Vettel Leads the Driver’s Championship

F1: Ferrari’s (NYSE:RACE) Sebastian Vettel Leads the Driver’s Championship

F1: Ferrari’s (NYSE:RACE) Sebastian Vettel Leads the Driver’s Championship

$RACE

The German Grand Prix is back on the calendar as round 11 of the 2018 F1 World Championship, and running this weekend at the Hockenheimring.

While the circuit’s layout has changed since its original incarnation of the 1930’s, a distinct flavor of the traditional challenge remains, with long straights as well as the newer and more technical Motodrom section, where the cars negotiate a series of tight corners in front of the main grandstand.

The current layout is from track designer Hermann Tilke and measures just over 2.8 miles. Grip levels tends to be low due to a smooth surface, and also making the circuit a challenge is the variable weather that happens in Germany.

The current forecast for Sunday’s F1 race calls for cloudy skies and warm conditions.

Pirelli has nominated its medium, soft and ultrasoft compounds for the weekend.

During some early Friday practice, Red Bull Racing’s Daniel Ricciardo was setting the fastest times, albeit with MercedesAMG’s Lewis Hamilton right behind him.

After Friday’s practice Mr Vettel said, “The car has been working well today and it’s been a normal Friday. Today, we tried a little bit of everything. I think we got along quite well with the tyre selection that we used today. Now we have to find out how we’ve been working compared to the others, but I think that even if we can still improve our lap time, the car is fine. I think the high temperatures we had today could probably have an impact somehow, but we don’t know exactly what the weather will be like. Tomorrow it should rain, but Sunday we expect it to be dry again. It was very nice to see a lot of Ferrari flags here today and it’s great to see a lot of people supporting us!”

Going into Saturday’s qualifying session and Sunday’s race, Ferrari’s (NYSE:RACE) Sebastian Vettel leads the 2018 Drivers’ Championship with 171 points.

Mr. Hamilton is second with 163 points and Ferrari’s Kimi Räikkönen is 3rd with 116 points.

In the Constructors’ Championship, Ferrari leads with 287 points followed by MercedesAMG with 267 points and Red Bull Racing with 199 points.

In other F1 news

MercedesAMG confirmed Friday that Valtteri Bottas will stay with the team in Y 2019 and has the option for a further season in Y 2020. The announcement comes a day after MercedesAMG signed Lewis Hamilton on for 2 more seasons.

German Grand Prix (all times EDT)

SAT  –       5:55a          Practice #3           ESPN2
                 8:55a           Qualifying             ESPN2
SUN  –      8:30a        PreRace               ESPN2
                 9:05a         RACE                   ESPN2
Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 140 20 July 2018 -2.52 140.02 140.7 139.86 499,700
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (0.21) Neutral (0.22) Neutral (0.18) Neutral (0.22)

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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