F1: United States Grand Prix, Lewis Hamilton Wants His 6th World Championship

F1: United States Grand Prix, Lewis Hamilton Wants His 6th World Championship

$RACE

Lewis Hamilton may likely celebrate his 6th World Championship at the end of the United States Grand Prix Sunday.

He has won the title in each of the past 2 years, holds a 74-point lead over MercedesAME team-mate Valtteri Bottas with a maximum of 78 available over the remaining 3 races of Y 2019.

Therefore, if Mr. Bottas wins this weekend then a finish of 8th or better will do for Mr. Hamilton, something he has achieved in 17 of the 18 races this year.

The only time he has not achieved that was at the rain-hit race in Germany, when he crashed behind the safety car and was delayed during a pit stop. Even then he still came 9th.

If Mr. Bottas does not win then Mr. Hamilton, who has an excellent record at the Circuit of the Americas, will be the world champion no matter what he does.

So, it looks like it will be a 56-lap victory parade for Mr. Hamilton, but that does not mean the weekend will be dull.

If he clinches the world title Sunday it will follow successes in Ys 2008, 2014, 2015, 2017 and 2018 and leave him one championship behind Michael Schumacher’s record of seven.

The US Grand Prix is always one of the best attended races of the year, with more than 110,000 people there on race day in Y 2018. Organisers say that figure will be beat Sunday.

The action is not just limited to the track, as a number of music stars, including Taylor Swift, Justin Timberlake, Britney Spears and Bruno Mars have all performed during Grand Prix weekends there in the past.

Catch all the action from the United States Grand Prix on ESPN and ABC.

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 160.35, and support at 155.30 as 2 of our 3 Key indicators have turned Very Bullish and the stock has established long term support.

Ferrari finished at 158.14 +0.36 Wednesday 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 and enjoy the F1 racing at Austin Tx this 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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