F1: Mexico Grand Prix 9th Pole of the Season for Scuderia Ferrari

F1: Mexico Grand Prix 9th Pole of the Season for Scuderia Ferrari

$RACE

Charles Leclerc and Sebastian Vettel will start Sunday’s Mexican Grand Prix from the front row when it gets underway at 13.10 local time (20.10 CET)

It was not as easy as it sounds however, as the final minutes of Q3 were chaotic. Sebastian Vettel was not able to fight for Pole all the way to the end, because of Yellow flags waved after Valtteri Bottas crashed. In fact, he had to abort his lap just when he was improving his time and might have been able to beat the quickest time set by Max Verstappen, or at least beaten his team-mate Leclerc to 2nd spot. However, after qualifying, the Dutch Red Bull driver was given a 3 place grid penalty for failing to slow for the Yellow flags. Therefore, Charles now starts from the number 1 slot with Sebastian alongside him. This is Mr. Leclerc’s 7th pole of the season, the 9th for Scuderia Ferrari Mission Winnow. It is also the 6th in a row, something which Ferrari had only ever done 2X before in Ys 1961 and 1974.

Charles Leclerc #16: “We knew that our competitors would be strong this weekend. After FP3, we realized that we might have a shot at Pole but when they put it all together in qualifying today they were just too quick. Even if I did a lap that I was quite happy with on my 1st run in Q3, I was still a 10th behind Max so I tried to go out with a different setup for the last lap. Unfortunately, I ended up having some oversteer and lost time, especially in the last sector.
It is a bit of an odd situation starting from Pole now after finishing qualifying in second, but our approach will stay the same. It will be very important to retain the lead after the start. The one who is 1st after turn 3 will have a huge plus because cooling is a big factor for everyone here, putting the following car at a disadvantage. The straight to turn 1 is very long, so I will have to try to capitalize on our straight line speed there. I will give it my all and hope to have an exciting race tomorrow.”

Sebastian Vettel #5: “I am not entirely happy with today, because I could have had a better result if it had not been for the Yellow flags for Bottas’ accident. On the 1st run I was probably a bit too cautious in sector 2 after a very good 1st sector, then I lost my rhythm a bit and was too aggressive in the final part of the lap and had a big snap in the last corner. I felt quite confident that I could find more time on my second run, but then the Yellow flags came out. That can happen some times.
The Key tomorrow will be to have a car that works well, to look after the tires and to choose the right strategy. The Top 3 teams all start on the same tire, but it will be a very close race.”

Mattia Binotto Team Principal: “We are very happy to have secured our sixth consecutive pole position with both cars on the front row. It will be a tough race and, as we saw on Friday, tire degradation will be a significant factor. All the Top teams opted to start the race on the Mediums as a consequence of this degradation, so it could be a 1 or a 2 stop race. We will see different strategies come into play. The qualifying time sheet shows that we are all very evenly matched, so it will be a tense and difficult race with everything to play for and strategy will definitely play an important role.”

Ferrari is the Aristocrat of the automotive sector.

Enzo Ferrari’s iconic Italian Supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos.

HeffX-LTN overall technical outlook for RACE is Neutral to Bearish, overhead resistance is at 159.49, and support at 154.37 as Key indicators are Neutral with Bullish bias as the stock establishes long term support.

Ferrari finished at 156.09, +1.06 Friday in NY.

Note: Goldman Sachs upgraded Ferrari to ‘buy‘ from ‘neutral ‘calling the stock’s pullback a good “entry point.” “We upgrade Ferrari from Neutral to Buy, offering 15% upside to our new price targets of 182. Our thesis, outlined in Life of Luxury published last month, is fundamentally unchanged post Ferrari’s in-line 2-Q results. We view the stock’s recent pullback since July 16 has provided good entry point in here.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term investment, and I see it at 200/share in that frame

Tune in and enjoy the F1 racing at Mexico City

Enjoy the racing.

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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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