F1 is nearing the end of this season, 4 races remain, in Mexico, the US, Brazil and Abu Dhabi, and there is serious business to decide on and off the race track.
Below is a look at the Key issues that will make the most headlines between now and the end of the Y 2019 campaign.
At this weekend’s Mexican Grand Prix will be discussions over F1’s imminent future, with that race the final opportunity for teams to talk in the paddock ahead of the deadline to decide the Y 2021 rules on 31 October.
F1 hopes its next rule change can bringing the competitive level of the teams closer together is Top of the agendaing c by creating racers which allow for closer and more exciting racing.
F1 has also been discussing making revisions to the race weekend format. In a sport, as political as this, where teams still have a major say in the rule-making process, achieving such radical change is not easy.
The bigger teams apprehensive about attempts to restrict development freedom and use standard parts. The concern is that F1 will verge on a single-make formula with little to distinguish the aerodynamic designs, while the cars will be made heavier and slower once laden down with shared parts common-denominator.
Getting the teams on board is Key ahead of the last meeting between them in Paris. as of this writing 6 are unwilling to accept the proposals presented.
While F1 has the power to push on without unanimous support, teams also have the power to not sign up. F1 knows the devastating impact the latter would have on the sport so is likely to proceed with caution during these negotiations.
Ferrari reminded F1’s rulemakers of the power it has to shape these regulations late last month, when team boss Mattia Binotto said it would “be a shame” to use the team’s veto on some parts of the Y 2021 rules package.
There are a growing number in the paddock who doubt F1 will have reached a consensus by the time F1 convenes again in Austin ahead of the US Grand Prix.
In terms of pace, Ferrari has been the team beat lately. The Red cars have made MercedesAMGs look very beatable since the Summer break and led many to wonder what the championship would have looked like if Ferrari had found its core earlier in the season.
Wins in Belgium, Italy and Singapore showed the strength of the Italian team’s package, although blown opportunities in Russia and Japan have acted as reminders of the flaws that have dogged Ferrari’s race operation.
Ferrari’s surge has highlighted MercedesAMGs’ struggles in the area it used to dominate; engine power.
After winning at the Japanese Grand Prix, Lewis Hamilton said: “We’ve got time for next year. I think it’s not been a great year for us in terms of the great issue, in terms of our engine development.”
There are still questions among rival teams as to how Ferrari is gaining its advantage, but at this stage none of them have taken the significant step of protesting the most powerful engine on the grid.
As long as it is legal, the FIA is not obliged to reveal details of Ferrari’s power unit to its rivals even if they are asking the right questions over the nature of how it works.
Therefore, the secrets behind the Maranello Outfit’s extra horsepower are likely to keep the other manufacturers guessing.
A hallmark of MercedesAMGs’ dominance of this era has been its relentless approach to car and engine development, so it would be foolish to suggest the world champions are on the ropes now. It responded to a strong start by Ferrari to this year’s preseason by taking a big step forward in time for the Australian Grand Prix. But, Ferrari now seems better equipped than any team in the V6 hybrid era to take a season-long fight to MercedesAMG.
With a considerable amount of focus already on the Y 2020 cars, the final races of this year will be Key. MercedesAMG might be celebrating an unprecedented 6th consecutive sweep of both championships, but some more decisive defeats at the hands of Ferrari in the final races would suggest the German manufacturer will have a real fight on its hands to keep that run alive next year.
While Ferrari’s surge in performance has been impressive, it has left the team facing a real headache about what to do about its drivers going forward, as 4X world champion Sebastian Vettel has been the defacto team leader since joining in Y 2015 but the departure of Kimi Raikkonen and arrival of Charles Leclerc has completely reset the narrative at Maranello this year.
Mr. Leclerc, 21 anni, has already achieved hero status in Italy with his win at Monza in September and has shown he will not be intimidated or bossed around by his teammate.
Mr. Vettel responded to Mr. Leclerc’s wins in Belgium and Italy with a classy victory at the Singapore Grand Prix, before the 2 clashed in a team orders saga at the Russian Grand Prix. While Ferrari put that down to a misunderstanding from what was agreed pre-race it showed 2 drivers unwilling to play 2nd to the other.
With victories up for grabs there’s no reason to expect that tense situation will cease over the final races of the year. While that might create some uncomfortable situations for team principal Binotto between now and the offseason, it could have bigger ramifications for Y 2020.
MercedesAMG responded to Nico Rosberg’s retirement in Y 2016 by signing Valtteri Bottas, and Toto Wolff has frequently talked about the benefit of the harmonious atmosphere he brought to the team alongside Mr. Hamilton.
F1’s recent history has examples of 2 warring teammates hurting their teams’ championship chances.
Messers Vettel and Leclerc are both determined to be Ferrari’s 1st champions since Y 2007, but Ferrari must prevent this tense relationship turning toxic if it wants to stand any chance of ending MercedesAMGs’ streak next year.
Mr. Hamilton is set for a historic Y 2020, as he is likely to surpass Michael Schumacher’s tally of 91 wins at some point next year, while a championship would move him level on a record many thought might never be beaten.
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 158.19, and support at 154.55 as Key indicators are Neutral with Bullish bias as the stock establishes long term support.
Ferrari finished at 155.26 -0.75 Monday 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 late 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, enjoy the racing from Mexico City at the weekend.