ALISO VIEJO, Calif. – Motorsports legends Al Unser Sr. and Al Unser Jr. will help kick off the PRI Trade Show by headlining the Grand Opening Breakfast presented by MAVTV on Dec. 6 in Indianapolis, Ind. Hosted by motorsports journalist and broadcaster Dave Despain, the breakfast takes place immediately before the PRI Show opens its doors for the three biggest business days in racing. Despain will interview the Unsers in a casual, talk show-style setting, where they will share personal stories and experiences for a captive audience of more than 3,000 industry professionals. “We are excited to kick off the 2018 PRI Show with not only one, but two Indy 500 winners,” said PRI General Manager Bill Miller. “The insights and stories shared by these legendary racers will make for a very entertaining Breakfast, led by the great Dave Despain.” During his legendary racing career, Al Sr. won the Indianapolis 500 four times and earned three Indy car … [Read more...] about Unsers To Headline PRI Grand Opening Breakfast
Hulkenberg: Renault lack sharp weapon to fight
Nico Hulkenberg fears Renault face a tough end to this season as they do not possess a “sharp weapon” with which to fight. While Renault remain fourth in the Constructors’ standings, their lead has been slashed by Haas. The Ferrari-powered team have outscored Renault in three of the last five races and could make it four out of five if their Italian GP disqualification is overturned in their November appeal. Hulkenberg fears Renault lost ground in the development war. “It is going to be a long end to the year, especially if you don’t have the sharp weapon you need to be in the fight,” he said. “It won’t be the easiest of times and quite challenging. “I think I am pretty sure we have not made progress. “The car still feels the same as like maybe 10 races ago, but have we lost performance? Have we made it worse? I don’t think so. “I just think that others really bolted on some good upgrades and went faster – … [Read more...] about Hulkenberg: Renault lack sharp weapon to fight
Uber proposals value company at $120 billion in a possible IPO
(Reuters) - Uber Technologies Inc [UBER.UL] could be valued at $120 billion when it finally goes public next year according to recent proposals made by U.S. banks, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo The ride hailing company’s most recent valuation was pegged at $76 billion, following a $500 million investment from Toyota Motor Corp (7203.T) in August. Reuters reported in late September that Goldman Sachs and Morgan Stanley were in pole position to secure top roles in Uber IPO. Goldman Sachs and Morgan Stanley last month delivered the valuation proposals to Uber, the WSJ report here said. Uber and smaller rival Lyft have been actively preparing to go public next year. While Lyft has hired IPO advisory firm Class V Group LLC, Uber is behind in its preparations. Uber hired Nelson Chai as its … [Read more...] about Uber proposals value company at $120 billion in a possible IPO
Uber proposals value company at $120 bln in a possible IPO
Oct 16 (Reuters) - Uber Technologies Inc recently received proposals from Wall Street banks valuing the company at as much as $120 billion in an initial public offering that could take place early next year, the Wall Street Journal reported on Tuesday. Goldman Sachs Group Inc and Morgan Stanley last month delivered the valuation proposals to Uber, the report here said, citing people familiar with the matter. Uber did not immediately respond to a request for comment. (Reporting by Munsif Vengattil in Bengaluru; Editing by Arun Koyyur) … [Read more...] about Uber proposals value company at $120 bln in a possible IPO
Trump raises over $100M for re-election bid
Bill Allison and John McCormick Bloomberg News Published 8:29 AM EDT Oct 16, 2018 President Donald Trump’s re-election effort raised $18 million in the third quarter, bringing his total since taking office to $108.1 million, an unusual amount for a president in the first two years of his term. The sum included contributions to his main campaign fund and a pair of joint fundraising committees that benefit it and the Republican National Committee, Federal Election Commission disclosures filed Monday night showed. The campaign started October with $35.4 million cash on hand. Small-dollar donors, those giving $200 or less, accounted for 97.6 percent of the money raised, the campaign said. In 2018, Trump has raised $55.9 million through his committees, FEC filings show. His combined third quarter take was slightly larger than the $17.7 million his three committees brought in during the previous filing period. As the midterms congressional elections approach, the campaign also … [Read more...] about Trump raises over $100M for re-election bid