Tapestry, the US owner of lifestyle brands including Coach and Kate Spade, said Thursday it will acquire Michael Kors parent company Capri for $8.5 billion, creating a new global...

The new Formula 1 season is here - and that means F1 Fantasy is back! The game will see millions of motor sport fans pick their fantasy selection of drivers for an imaginary $100m budget. F1 Fantasy began five years ago and it has grown rapidly in popularity, in line with F1’s rise in popularity. The 2023 season will reward those players who are able to spot the early trends as the new season takes shape. See below for all the rules and top tips: How to play F1 Fantasy 2023 Each player gets to pick five drivers and two constructors (up from one in 2022) ahead of the first race of the season in Bahrain, spending a budget of $100m. They also pick a weekly ‘DRS Boost’ whose points are doubled – and new for 2023, any driver in your team can be given the DRS boost. There are also chips available to power up your team, 6 in total: Autopilot, Extra DRS boost, No Negative, Wildcard, Limitless and Final Fix. Max Verstappen is the most expensive driver at $27.6m, with Lewis Hamilton second on $24.0m and Charles Leclerc on $21.2m. As for the Constructors, Red Bull are $27.9m, Mercedes $25.2m and Ferrari $22.2m. Players can make up to two transfers to their team per week, up until the start of qualifying. More than 2 transfers carries a 4 point penalty per additional transfer - similar to Fantasy Premier League. F1 Fantasy tips (pre-Monaco) Let’s not mess about: get Fernando Alonso on your team! The two-time world champion, for Aston Martin, who has finished third in four out of the five races, is still something of a steal at $9.4m. Elsewhere, Nico Hulkenberg is a cheap option at $3.8m while Lance Stroll is also not a bad bet at $7.6m. It’s still hard to look beyond picking Max Verstappen ($27.6m), but Carlos Sainz is not a bad bet for your second-most expensive driver - at $17.2m. Similarly, Aston Martin are an obvious Constructors option at this point at $7.0m alongside one of the big boys. The deadline to make changes to your team is Canada qualifying at 9pm (BST) on Saturday afternoon *** One key to success in Fantasy F1 is riding the price waves and increasing the value of your team. You can do this by identifying the best value picks each week, and also by buying and selling strategically - so buy a successful driver at the end of a race on Sunday and sell him on later the following week for a profit. It’s worth biding your time when it comes to making your final substitutions, however. Practice on Friday will generally reveal plenty about what go down in qualifying, so waiting as long as possible to soak up information will help in making the right decisions each week. Given the budgetary restrictions, and the fact that most players will have some combination of Hamilton, Verstappen, Mercedes or Red Bull, the area to get a jump on the rest is in the midfield pack. Will Ferrari toppple Red Bull? Can McLaren top the midfield? And what about Alpine? How does the scoring work? Qualifying: Pole position (first place) 10 pts 2nd place 9 pts 3rd place 8 pts 4th place 7 pts 5th place 6 pts 6th place 5 pts 7th place 4 pts 8th place 3 pts 9th place 2 pts 10th place 1 pt No time set -5 pts Disqualification from qualifying -15 pts Constructors’ in qualifying Neither driver reaches Q2 -1 pt One driver reaches Q2 1 pt Both drivers reach Q2 3 pts One driver reaches Q3 5 pts Both drivers reach Q3 10 pts Race: 1st Place 25 pts 2nd place 18 pts 3rd place 15 pts 4th place 12 pts 5th place 10 pts 6th place 8 pts 7th place 6 pts 8th place 4 pts 9th place 2 pts 10th place 1 pt 11th-20th place 0 pts DNF/Not classified -20 points Disqualified -25 points Extras Positions Gained 1 pt per position Positions lost -1 point per position Overtakes made 1 pt per overtake Fastest lap 10 points Driver of the Day 10 points Constructors’ in race Fastest pitstop 10 points 2nd fastest pitstop 5 points 3rd fastest pitstop 3 pts Read More F1 Monaco Grand Prix LIVE: Qualifying updates and FP3 results after Lewis Hamilton crash F1 2023 season predictions: World champion, surprise star, best race and more Guenther Steiner interview: What makes star of Drive to Survive tick? Lewis Hamilton fastest as practice for Canadian GP finally starts Canadian Grand Prix practice descends into farce after bizarre CCTV blackout F1 Canadian Grand Prix LIVE: FP2 results with Lewis Hamilton fastest in Montreal

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