F1: MercedesAMG’s Toto Wolff admits Ferrari (NYSE:RACE) ‘Really Fast’

F1: MercedesAMG’s Toto Wolff admits Ferrari (NYSE:RACE) ‘Really Fast’

F1: MercedesAMG’s Toto Wolff admits Ferrari (NYSE:RACE) ‘Really Fast’

$RACE

Toto Wolff has said that it is too soon to say MercedesAMG are still ahead of the field in Y 2017.

After the first of just two pre-season tests, the conventional wisdom is that Mercedes lead, Ferrari are close behind, and Red Bull are the third force.

However, Mercedes team boss Toto Wolff he said: “Since we have these new rules, the teams are just trying to get a lot of mileage to know their cars.

“At Red Bull, we probably have not seen the car that will be in Melbourne. But Ferrari is really fast.”

McLaren’s boss Eric Boullier admits that a pecking order is not possible to assess after 4 days of running, but he said Ferrari’s pace has been “surprising”.

“We did not expect to see them on the pace with the Mercedes. Red Bull seems a little behind, but we do not have all of the information to judge,” he said.

“We may know a little more next week, but we really have to wait until Australia.”

Boullier may be surprised with what he saw in Barcelona, but Red Bull’s Max Verstappen seemed calm.

“Actually, nothing surprised me here,” he is quoted as saying. “And I think everything is still within reach for us.”

The Y 2017 Formula One season commences with the Australian Grand Prix on 26 March, in Melbourne.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 66.35 3 March 2017 0.38 66.08 66.46 65.83 296,634
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Very Bullish (0.63) Bullish (0.45) Very Bullish (0.69) Very Bullish (0.75)

Have a terrific weekend.

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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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