F1: France Welcomes the Gran Prix Back to Provence

F1: France Welcomes the Gran Prix Back to Provence

F1: France Welcomes the Gran Prix Back to Provence


France returns to the F1 calendar for 1st time since Y 2008; Sunday’s race race starts to avoid World Cup conflict.

F1 itself has always carried a strong French flavor, as it hosted the 1st-ever Gran Prix in Y 1906 and ‘gran prix’ means ‘grand prizes’.

Now the Motorsport is returning to the Paul Ricard circuit, aka Le Castellet, in the South of France, its previous base prior to the Y 1991 move to Magny-Cour.

Situated in the South of the country in the Le Castellet area within a short drive of the coast and little over 25 miles from  Marseille, Paul Ricard has undergone a total transformation since the Chequered Flag fell on its last Gran Prix in Y 1990.

Paul Ricard became known as Motorsport’s premier test track following a revamp in the 2000s. F1 cars last tested there in an official group test in Y 2008, with the circuit again used in more recent years for Pirelli tire tests.

F1 will race on the 15-corner, 3.6-mile circuit for its Y 2018 return with the layout featuring one noticeable change from the past, the use of a chicane to break up the 1.1m Mistral Straight.

The FIA has predicted cars will reach a top speed of 213mph before braking for the chicane, in what the governing body hopes will provide overtaking opportunities.

Ferrari is the favorite

Sebastian Vettel believes Ferrari (NYSE:RACE) have lots of reasons to be confident heading into F1’s 1st Grand Prix 3X-header, but he admits this week’s return to Paul Ricard is a step into the unknown for this grid.

Mr. Vettel regained the momentum in F1’s championship battle 2 weeks ago a Canada claiming Ferrari’s 1st victory in 5 races and his 2rd of the season.

That strong Lights Out to Chequered Flag win has MercedesAMG’s Valtteri Bottas declaring: “Ferrari are the favorites this weekend.”

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 139.48 22 June 2018 -1.42 141.61 141.77 138.34 731,200
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.31) Neutral (0.15) Bullish (0.35) Bullish (0.42)

Everything you need to know is here.

Tune in and enjoy the racing.

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.

Latest posts by HEFFX Australia (see all)