F1: Ferrari’s (NYSE:RACE) Vettel Vs MercedesAMG at the German Grand Prix

F1: Ferrari’s (NYSE:RACE) Vettel Vs MercedesAMG at the German Grand Prix

F1: Ferrari’s (NYSE:RACE) Vettel Vs MercedesAMG at the German Grand Prix

$RACE

Sunday’s German GP at Hockenheim has Ferrari (NYSE:RACE) champion Sebastian Vettel pitted against MercedesAMG in the quest for F1 supremacy.

Mr. Vettel, a German, leads the drivers’ championship by 8 points after victory over Lewis Hamilton at the British Grand Prix.

Mr. Hamilton hope cut Mr. Vettel’s lead, or overtake him. A good weekend for MercedesAMG and a bad one for Ferrari could also see the Silver Arrows  reclaim the lead in the constructors’ championship.

MercedesAMG boss Toto Wolff has admitted that his Team have made too many mistakes in 1-H of the season.

“We’ve left points on the table and had to do damage limitation more than we wanted,” he said.

“We still scored a good amount of points, both drivers have shown strong performances and we have a fast car. So there are many reasons why we’re looking forward to the 2nd half of the 2018 season; we’re hungry, ambitious and want to kick on from here.”

The future of the German Grand Prix is unclear.

Hockenheim’s contract expires after this year’s race and, despite the sport’s commercial rights holders Liberty Media saying how keen they are to keep historic venues, the two sides appear at odds.

Hockenheim had shared the race with the Nurburgring, but the latter pulled out for financial reasons. At present there are no  alternatives.

All of which makes this year’s gathering in the Rhine valley a standout for the fans, who have been bringing with them a party atmosphere since the Michael Schumacher glory days.

Notably: F1 tire supplier Pirelli has announced drivers’ compound selections for the German Grand Prix at Hockenheim, with the 3 leading teams opting for a conservative approach.

The Hockenheim race will be the 2nd in the season after the Chinese Grand Prix to feature a skipped step in its compound range.

The Red-walled supersoft, which was the softest tire available in the most recent edition of the race in Y 2016, will be absent, with the soft and the medium joined by the Purple-marked ultrasoft.

Championship leaders Ferrari and MercedesAMG have opted for 7 sets of the ultrasoft for both of their drivers, but have split picks of the harder compounds.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 143.03 18 July 2018 -0.65 142.72 143.22 142.41 151,900
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.31) Bullish (0.40) Bullish (0.30) 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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