F1: “This Ferrari SF1000 has achieved our goals”

F1: “This Ferrari SF1000 has achieved our goals”

$RACE

Last year’s Ferrari, the SF90, was really fast down the straights but tended to lose out in the corners, a deficit that was shown up particularly around Barcelona’s Sector 3 in Y 2019, contributing to Ferrari failing to get within 8/10ths of MercedesAMGs’ Valtteri Bottas in qualifying for that year’s Spanish Grand Prix.

Charles Leclerc when asked whether he has seen the team’s performance improve around the Circuit de Catalunya so far in Y 2020 he replied: “Sector 3 is the most technical one, where there are the most corners, and on that, I am pretty sure… we have improved and I can go quicker through the corners.”

Mr. Leclerc will spend 1 more day in the SF1000 before he next drives it in FP1 for Australia. And he had a clear plan of attack for what he was wanted to achieve before he flies out of Barcelona.

I think for every car, there is a target balance,” said Mr. Leclerc, “a balance that you target for qualifying and for the race to extract the maximum out of the car. For now, we have tried different options today, I think I’ve started to have an idea of which balance we need to target to be the quickest on track. We’ll have to finalise that for the last day, which will be very important for the qualifying and the race in Melbourne.”

Ferrari continued their strategy of keeping their cards close to their chest Wednesday as Week 2 of testing commenced, with Mr. Leclerc finishing the day in P13, 3 places down from Sebastian Vettel, both over a sec off the pace. But had 2020 pre-season testing been a disaster for Ferrari so far, as some corners of the media were suggesting?

No, no, no, definitely not,” laughed Mr. Leclerc. “We are focusing on ourselves, trying to work as much as possible without listening too much to the outside world… I cannot speak for the others, but I’m pretty sure the top three teams haven’t shown their true potential yet.

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 Bullish, there is resistance 169.52 and Key support is at 159.72.

Ferrari finished at 159.99, -1.61 Wednesday in NY.

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 and siding with BAML to 230 long term for now

Stay tuned…

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