Ferrari (NYSE:RACE) is Fine Tuning its F1 Racer

Ferrari (NYSE:RACE) is Fine Tuning its F1 Racer

$RACE

The 2019 F1 campaign has been a big disappointment for Ferrari and its fans.

Ferrari (NYSE:RACE) Team Chief Mattia Binotto suggested the team’s overall design concept was among the areas they think could be causing the pain and that has been a big part of their focus in the gap between races ahead of this weekend’s Monaco Grand Prix.

Ferrari looked like the team to beat in pre-season testing, but they have fallen to 5 successive defeats at the hands of MercedesAMG, who have posted an unprecedented 5 straight 1-2 finishes. While Ferrari appear to have the better power unit, an impressive considering MercedesAMG have dominated in this area for the entire V6 hybrid turbo era, their aerodynamic package is wanting.

Ferrari has struggled in particular to get the tires into the right operating order, and that has hurt them in Australia, China and Spain.

In Bahrain and Baku, the circuit and track surface was kinder, and that opened up the opportunity to seize victory, even if they did not take it at either event.

So, since returning to HQ at Maranello from Barcelona, and utilizing the 2 days of in-season testing that followed, Ferrari have made gains in their understanding of their problems, according to Team Chief Binotto.

“Last week’s testing in Barcelona and analyses carried out in Maranello confirmed just how much this year’s tires, which are very different to those we had in 2018, require different mechanical and aerodynamic settings to work properly,” he said. “We are already working in Maranello on evaluating new concepts, as well as bringing some initial further updates here.”

Given the tight, twisty nature of Monaco’s Monte Carlo street circuit, overtaking is tricky, which means qualifying, as Chief Binotto highlights is extremely important.

“It’s a very different sort of race, where the track characteristics that can shake up the order could be jumbled up still further this weekend,” he said .”As usual, qualifying will be very important because of the fact it’s almost impossible to overtake. Of course, Monaco is Charles Leclerc’s home race and we know how much it means to him. It means a lot to us, too.”

Should Mr. Leclerc win it, it would be an very popular outcome for sure.

Ferrari needs a big weekend in Monaco as they already trail MercedesAMG by 96 points in the constructors’ championship, although there are 16 races to to run.

RACEWEEK SCHEDULE (all times local)

Friday 
FP1 (11:00-12:30)
FP2 (15:00-16:30)

Saturday 
FP3 (12:00-13:00)
Qualifying (15:00-16:00)

Sunday 
Race (15:10-17:10)

F1 FACT

Red Bull have collected 272 points at Monte Carlo, their most at a single F1 circuit.

PREVIOUS WINNERS

2018: Daniel Ricciardo for Red Bull
2017: Sebastian Vettel for Ferrari
2016: Lewis Hamilton for MercedesAMG

DRIVER STANDINGS

1. Lewis Hamilton (MercedesAMG) 112
2. Valtteri Bottas (MercedesAMG) 105 (-7)
3. Max Verstappen (Red Bull Racing) 66 (-46)
4. Sebastian Vettel (Ferrari) 64 (-48)
5. Charles Leclerc (Ferrari) 57 (-55)

CONSTRUCTOR STANDINGS

1. MercedesAMG 217
2. Ferrari 121 (-96)
3. Red Bull Racing 87 (-125)

Ferrari is the Aristocrat of the automotive sector.

The 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 Bullish to Very Bullish, there is light resistance now at 148.17, and strong support at 142.62, all of our Key indicators are Very Bullish in here

Tune in, and enjoy the racing 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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