Ferrari (NYSE:RACE) arrived at Singapore with an adaptation of the cape design seen elsewhere on the grid over the last couple of seasons. The nose structure itself remains largely unchanged but the cape, which will influence the movement of air around the structure, has been incorporated into it.
The nose solutions available to Ferrari in Singapore, the newest of which is at the Top has a cape solution draped between the front wing pillars.
Another view of the new nose cape on the Ferrari mounted between the front wing pillars and thumb tip extension. The shape of the cape can also be seen under the nose pictured above.
The Ferrari SF90’s front brake assembly allows the airflow to be transported around it for both cooling and aerodynamic purposes.
Ferrari’s high downforce offering for Singapore includes the 2X element T-Wing again.
Ferrari got it right at Spa and Monza, and Charles Leclarc proved it…
Sebastian Vettel declared that he is not in the worst period of his F1 career, but he admits his recent results are “not great” and he is keen to turn around his form.
Mr. Vettel arrives at Singapore for a race he has won 4X with fresh Questions around his competitiveness after back-to-back wins for Ferrari teammate Charles Leclerc at Spa and Monza.
The contrast between the pair 2 weeks ago at Monza, Ferrari’s home event, was stark. Mr. Leclerc won the race despite heavy pressure from the MercedesAMG drivers and Mr. Vettel finished 13th, after an early spin and subsequent penalty. The error was the latest in a series of mistakes from the 4X world champion over the past 2 championship seasons
We will be watching to see what will happen under the lights this year…tune in.
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 160.28 and support at 154.67 as 1 Key indicator has begun flashing Very Bullish in here. Ferrari finished at 154.78, +0.82 Thursday 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.
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