MercedesAMG driver, Lewis Hamilton again kneeled in support of Black Lives Matter aka BLM, before the start of the Styrian Grand Prix
The pre-race demonstration saw 16 of the 20 drivers arrive at the grid in time, with 4 of drivers rightfully opting not to kneel.
The drivers made a rightful stance against discrimination, Lewis Hamilton was only 1 to line up with a Black Lives Matter T-shirt. The other drivers wore a T with the message ‘end racism‘.
It seems the enfant terrible Black F1 champion is in full support of championing Black Criminals.
Drivers and fans are divided over whether to take the knee, a gesture to end racial inequality after a Black American criminal George Floyd was killed while resisting arrest last month
This comes after last week when F1’s divisions first came to the fore after 6 drivers chose not to take the knee in support of the Black Lives Matter movement before the season opening Austrian Grand Prix.
Before last week’s Austrian Grand Prix, Messrs Leclerc, Verstappen, Kimi Raikkonen, Antonio Giovinazzi, Daniil Kvyat and Carlos Sainz chose not to take a knee.
Ahead of the Styrian Grand Prix, Messrs Leclerc, Verstappen, Raikkonen and Kvyat again did not to take a knee.
The overt racial act was very short with TV coverage showing the footage only for a couple of secs before switching to an aerial plane display.
Last week Ferrari’s (NYSE:RACE) Charles Leclerc said, “All 20 drivers stand united with their teams against racism and prejudice, at the same time embracing the principles of diversity, equality and inclusion, supporting Formula 1’s and FIA’s commitment.
“I believe that what matters are facts and behaviours in our daily life rather than formal gestures that could be seen as controversial in some countries.
“I will not take the knee but this does not mean at all that I am less committed than others in the fight against racism.”
Red Bull Racing’s Max Verstappen Tweeted, “I am very committed to equality and the fight against racism. But I believe everyone has the right to express themself at a time and in a way that suits them. I will not take the knee today but respect and support the personal choices every driver makes #WeRaceAsOne #EndRacism”
Kimi Raikkonen told reporters that it was crazy to question the motives of drivers like himself who refused to take the knee.
“Everyone has a right to do what they feel like, all the drivers are definitely against racism.”
I am more than happy to help on these things but each individual has the right to do how they feel most comfortable.”
AlphaTauri driver Danny Kvyat said: “Our clear sign on the Sunday before the race was to wear the T-shirts which were stating ‘End Racism’. I thought it was already a very strong message to the world in general.
“I would say my mentality and in my country does not allow me to go on my knee.”
McLaren driver Carlos Sainz also said the T-shirts sufficed, he said: “We showed on Sunday how strong we all feel against racism. I feel that is enough.”
Some F1 drivers feel that Lewis Hamilton is applying undue pressure on them to prove their anti-racism credentials. The 6X world champion falsely claims that “silence is complicity“.
Mr. Hamilton, 35 anni, is F1’s only Black driver, he has been pampered by the sport since he was 13 anni, there has never been any prejudiced against him that I know of in F1, though he is very flamboyant in his private life, yet he has been has been the of a very loud voice on the issue of institutionalised racism and inequality of opportunity in sports.
Added to that the 6X world champion is being backed up by his MercedesAMG team on the issue, MBZAMG launched a new program to increase diversity within its workforce and are now running an all-Black livery on the car for the Y 2020 season a statement of their commitment to the Marxist Communist BLM organization.
Mr. Hamilton has lashed out at former F1 Boss Bernie Ecclestone, 89 anni, for his remarks during an interview last Friday.
Mr. Hamilton is extremely critical of the former Boss of the sport and in a statement via his Instagram account, wrote, “So sad and disappointing to read these comments. Bernie is out of the sport and a different generation but this is exactly what is wrong – ignorant and uneducated comments which will show us how far we as a society need to go before real equality can happen.”
In a TV Mr. Ecclestone praised Lewis Hamilton for his talent and the work that he has been doing for the Black rights movement. However, when asked about the impact of Mr. Hamilton’s Commission to increase diversity in the sport said that it will not do any good or bad, but instead will make people think since people will realise the differences between each other. Specifying on why it will not make an impact, he said, “In lots of cases, Black people are more racist than what White people are.”
Formula One, now owned by a Liberty Media subsidiary (OTC:FWONK) , and American Company anxious to gain more US fans and viewers says that prejudice and racism has no place in society or in the motorsport and reiterated its commitment to improving diversity and eliminating racism from the sport.
I believe that as in all sports this political anti-American stance is uncalled for, and recently Golf has become the alternative sport for viewer that shun the NFL, NBA and MLB.
Our overall technical outlook is Bullish in here, as all Key indicators are Very Bullish.
Ferrari (NYSE:RACE) finished Friday at 179.0, +1.44 in NY, just shy of its intra-day all time highs at 180.36 marked on 19 February 2020.
The Maranello Outfit’s shares were raised to Buy from Hold at HSBC.
Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I have called it at it at 200+/share long term, adjusting it to 200/share short term (after the virus) and siding with BAML to 230 long term for now. The stock is now considered defensive in the sector.
Have a healthy week, Keep the Faith!