A 1962 Ferrari GTO Race Car Auctions for Record $51.7 Million
A 1962 Ferrari 330 LM / 250 GTO by Scaglietti, the coveted Italian coachbuilder, sold for $51.7 million
2023-11-14 08:47
Huawei Launches Two More China EVs After Aito's Instant Success
Stroll into a Huawei Technologies Co. store in Shanghai or Shenzhen, and apart from the usual array of
2023-11-13 20:56
‘I would not be shocked if King Charles showed up’: Las Vegas opens its doors to Formula 1
Las Vegas opens its doors to Formula 1 this week ahead of the inaugural race on the city strip – and anticipation is at fever pitch. After more than three years of planning and $500m spent on a state-of-the-art pit building facility, F1 is on the cusp of its ultimate moment in the American spotlight in the entertainment capital of the world. While the penultimate race of the 2023 season won’t have an impact at the top of the world championship standings, with Max Verstappen having already claimed the title last month in Qatar, the third US race of the year will be unique in the fact it takes place on Saturday night at 10pm local time (6am GMT, Sunday morning). There is also a lavish opening ceremony, planned for Wednesday evening. Former American racing driver Willy T Ribbs – who made history by becoming the first Black man to test an F1 car in 1986 – insists it will be the biggest race “in racing history.” “It is going to be mega – I would not be shocked if King Charles showed up,” Ribbs told The Independent. “I would not be shocked because the A-list is going to be insane. You’re going to be bumping into more celebrities and sports stars than you will fans. “Without any hyperbole, it will be the biggest race in racing history. That encompasses everything – the most talked about and the most glamorous. If you look at Las Vegas, it has a history of putting on the biggest event – whether it’s a boxing fight or an NFL game.” It is a huge week for Formula 1 who, unusually, is promoting the event themselves as opposed to outsourcing the promotion. F1 has a 10-year deal with Las Vegas for a race in Sin City, on the assumption all goes smoothly this week. However, preparations have not been plain sailing, with disruption in the city due to the mammoth construction projects leading to some anger among locals and tourists in recent months. But ultimately, F1 is confident the race will bring in more than $1 billion for local enterprises. “We’re going to bring in something like $1.7 billion of revenue to the area,” said Greg Maffei, CEO of F1’s parent company Liberty Media. “I want to apologise to all the Las Vegas residents and we appreciate that they have their forbearance and their willingness to tolerate us. “It’s not just for the benefit of fans who want to view. We hope this is a great economic benefit in Las Vegas. We hope this is the most difficult year with all the construction that went on and things will be easier in the future. “There will be 105,000 people so the sheer scale of it, even for Las Vegas, will be the largest event Las Vegas will have,” Temperatures are expected to drop to around 12C during sections of the race weekend, presenting a different challenge to the norm for the drivers and teams. There is also the possibility of rain for qualifying on Friday night. LAS VEGAS GRAND PRIX - SCHEDULE Friday 17 November Free practice 1 - 4:30am Free practice 2 - 8am Saturday 18 November Free practice 3 - 4:30am Qualifying - 8am Sunday 19 November Race - 6am All times GMT F1 has raced in Vegas before, in the parking lot of the Caesars Palace hotel in 1981 and 1982. Yet this event, twisting around the city’s famous landmarks including the Bellagio Fountains and the new Sphere building, should take the razzmatazz up to the next level. “Vegas is all about show. When the drivers get on the track they’re going to put on a show,” Ribbs added. “For Max, he might have won the world championship – but he still has races to win. And he hasn’t won the most races in the history of F1, so there’s the incentive. It’s also just seeing who can knock him off. “Who’s going to be the team and the driver to win the first Las Vegas Grand Prix? If I was the promoter, that’s how I’d be promoting it. If I was talking to the drivers in the drivers’ meeting, that would be my message. The championship is decided, but you guys go knock it out anyway and put on the best show for the fans and for TV. “I think Vegas will knock it out of the park – and take Formula 1 in this country to the next level.” Read More F1 2023 season race schedule: When is the Las Vegas Grand Prix? Michael Schumacher fans set for rare insight into F1 legend’s life in new documentary F1 boss urges teams to improve and close gap after Max Verstappen dominance Martin Brundle predicts F1 sprint change to produce ‘thrilling’ Saturdays in 2024 Machine Gun Kelly defends bizarre clash with F1 presenter at Brazilian Grand Prix Las Vegas hospitality workers’ strike poised to derail F1 race
2023-11-13 18:54
Classic Cars at Gold Coast Motor Show Reveal Rare Collection in Hong Kong
A group of Hong Kong car enthusiasts showed off some of the world’s rarest classics at an event
2023-11-13 17:50
Moore Capital Alumnus Grover Closing Hong Kong Hedge Fund Firm
Moore Capital Management alumnus Gaurav Grover is shutting down his Hong Kong-based hedge fund firm Trikon Asset Management
2023-11-13 12:58
Chinese Tourists Are Returning to London, But Spending Far Less
Chinese tourists are returning to London after restrictions on travel were lifted, but they’re spending dramatically less than
2023-11-13 08:15
K-Pop Giant Hybe Buys Its First Latin Music Company
Hybe Co., the South Korean music company behind pop groups BTS and NewJeans, has acquired the music division
2023-11-13 07:22
Studio Behind ‘Doctor Who’ Wants to Make More TV for Americans
The BBC is looking to expand its business in the US, the world’s largest media market, and wants
2023-11-11 02:23
Michael Schumacher fans set for rare insight into F1 legend’s life in new documentary
A new documentary is set to offer insight into the life of Formula 1 legend Michael Schumacher. The German has not been seen in public since suffering a brain injury in a skiing accident in December 2013. The seven-time F1 world champion left hospital in 2014 and his family have maintained strict privacy over his injury and condition. A new five-part documentary by German broadcaster ARD is set to air to mark ten years since his incident in the French Alps. The final details of the documentary are yet to be revealed, but it is due to be released on 28 December. Schumacher won 91 races during his F1 career and five successive Drivers Championship crowns between 2000 and 2004. A Netflix documentary, “Schumacher”, aired in 2021 and featured an update from his wife, Corinna, who said that her husband was “different, but here”. “Unfortunately, life isn’t fair sometimes,” the seven-time world champion’s younger brother Ralf Schumacher told German magazine Bunte recently. “We have to accept it. When I see his children Gina-Maria and Mick, my heart smiles. If anyone in the family seeks my advice, I am there. They go their own way.” The Schumacher siblings remain the only pair of brothers to each win a Formula 1 race, with Ralf winning six times across a decade in the sport. “In the Schumacher family we have always stuck together,” Ralf explained of his relationship with his older brother while the pair were both racers. “There was no envy. I just wasn’t good enough here and there.” Read More F1 2023 official calendar: All 23 Grand Prix this year ‘Sometimes life isn’t fair’: Michael Schumacher’s brother opens up about accident Michael Schumacher update: Lawyer explains lack of ‘final report’ on F1 star’s health
2023-11-11 01:50
Sydell Group Weighs Sale of Boutique NoMad Hotels Brand
Sydell Group is exploring a sale of its NoMad Hotels brand, according to people with knowledge of the
2023-11-11 00:47
Soho House Revenue Falls Short Despite 21% Membership Growth
Soho House & Co. Inc. reported third quarter revenue that fell short of analyst expectations, even as membership
2023-11-11 00:28
Lewis Hamilton blasted for ‘selective memory’ by Red Bull chief Christian Horner
Red Bull chief Christian Horner has accused Lewis Hamilton of having a “selective memory” after his comments on Max Verstappen’s dominance. The Dutchman has won 17 of the 20 races so far this season, while Red Bull have only been beaten to victory once in 2023. It continues a dominant two years for the manufacturer with Verstappen having sewn up three consecutive world titles to establish himself as the sport’s most dominant driver. Verstappen’s success follows a long period where Mercedes led the way, with Hamilton winning six Drivers’ Championships in seven years between 2014 and 2020. The Brit expressed his concern after the Brazilian Grand Prix last weekend that Red Bull were “so far clear” that other teams would struggle to close the gap and provide a genuine title challenge. But having enjoyed his own spell at the top of the sport, Horner believes that Hamilton should be careful passing comment on his team’s dominance. “I feel like he’s got selective memory,” said Horner of Hamilton on the Eff Won with DRS podcast. “So you know, some of the winning that they did in that period was just obscene. We’ve had a good run for a couple of years, but the one guy that shouldn’t be saying that, I would think, is Lewis.” Verstappen’s first title was secured in contentious circumstances at the Abu Dhabi Grand Prix in 2021. After a back-and-forth battle between the Red Bull driver and Hamilton, seeking a record eighth world title, Verstappen passed his rival on the final lap of the season to take overall victory. Red Bull have accelerated away from their rivals since but Horner is confident that the field will “converge” again. “My job is to make sure we’re winning, that’s my job,” Horner stressed. “And 2021 was the biggest fight in the history of the sport. It was just heavyweight from the first race to the final in Abu Dhabi, where the two drivers ended up [with the] same points. Unbelievable. “And that year aged me physically! So, the last couple of years have been kind of pleasant that they’ve been slightly less stressful, but what you can guarantee is that the field is going to converge, and it’s only a matter of time. And you can already see that happening. You’re going to see the field come much closer, you’re starting to see it.” Read More Christian Horner drops Daniel Ricciardo hint as pressure mounts on Sergio Perez Max Verstappen urges fans to show him respect ahead of feisty Mexican Grand Prix F1 boss urges teams to improve and close gap after Max Verstappen dominance F1 boss urges teams to improve and close gap after Max Verstappen dominance Martin Brundle predicts F1 sprint change to produce ‘thrilling’ Saturdays in 2024 Machine Gun Kelly defends bizarre clash with F1 presenter at Brazilian Grand Prix
2023-11-10 19:17