Aston Martin has officially announced it will return to Formula 1 as a full team next year when it takes over Racing Point. Advert | Become a Supporter & go ad-free The car manufacturer previously competed in F1 60 years ago. The moves to bring the brand back to grand prix were first revealed by RaceFans in December last year . The car manufacturer’s shareholders gave formal approval on Monday to an investment of £260 million from Racing Point team owner Lawrence Stroll towards a total fundraising of £536m in the business. “A brand with the pedigree and history of Aston Martin needs to be competing at the highest level of motorsport,” said Stroll. “I think it’s the most exciting thing that’s happened in recent memory in Formula 1 and it’s incredibly exciting for all stakeholders in the sport, especially the fans. I can’t think of a better name for a Formula 1 team. “Our investment strategy places Formula 1 as a central pillar of the global marketing strategy, …
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Myanmar’s economic woes due to gross mismanagement since coup – US official
FILE PHOTO: Myanmar soldiers walk along a street during a protest against the military coup in Yangon, Myanmar, Feb 28, 2021. (Reuters) SINGAPORE: Myanmar's economic turmoil is due to political instability and mismanagement following a February coup, a US official said on Wednesday after a junta minister blamed the crisis partly on foreign backers of its opponents. The military government's investment minister attributed Myanmar's economic troubles to sabotage by opponents of the junta and their overseas backers in an exclusive interview with Reuters on Tuesday. Asked about those comments during an online briefing on Wednesday, a senior US state department official said: "Everything we've seen, and we're being told from our folks on the ground, is that there is just sort of gross mismanagement of the economy." "We have to attribute the dire economic situation to the lack of political stability and all the uncertainty." The official added that the United States had been …
The financial lesson for F1 in how teams survived the Covid crisis · RaceFans
It became clear during 2020 pre-season testing in Barcelona that a strain of the contagious respiratory virus known as SARS-CoV-2 was likely to impact seriously on Formula 1. Spain was deemed a hotspot – as was Italy – and prevailing talk steadily diverted from front wings and tyre degradation to lockdowns and quarantines. Advert | Become a Supporter & go ad-free Although the world in general was thrown into turmoil – borders were progressively shut, travel increasingly banned and businesses forced into shutdowns – F1 inexplicably pressed ahead and travelled to Melbourne, only for a positive case of what had by them become known as Covid-19 to cause first the Australian Grand Prix, then a swathe of subsequent rounds, to be officially cancelled. F1 teams went into crisis mode, with the FIA immediately enforced factory shutdowns. During this period the sport’s processes were streamlined, plans hatched, policies and regulations rewritten, freezes introduced, F1’s …
Will F1 have to ban fans from races to start the 2020 season? · RaceFans
One of the very financial cornerstones that served Formula 1 so well for over 40 years could ultimately prove one of the factors that impede the sport’s return to (relative) normality after the pandemic. Advert | Become a Supporter & go ad-free Another factor is its reliance on street circuits. As Formula 1 expanded globally, street circuits seemed like a good idea: Not only did they bring F1 action into the heart of cities – thereby attracting vast tourism subsidies – but ensured that Moto GP did not piggyback F1’s new events as at Austin, Istanbul, Shanghai, Sepang and others. But two-wheelers can’t race safely on the streets of Baku or Singapore. When F1 commercial rights holder Liberty bought into F1 they immediately latched onto the advantages of ‘destination cities’, with the first event by the company being Hanoi’s now-postponed street race. Equally, enormous effort has been expended (thus far unsuccessfully) on staging a grand prix in Miami’s suburbs. But …
F1: Williams confirms online launch for 2020 car · RaceFans
Williams has confirmed it will launch its 2020 F1 car online on February 17th, as revealed by RaceFans last week . [smr2020test]The FW43 will be presented on the team’s social media presences at 8am GMT. Williams is seeking to bounce back from a disappointing 2019 campaign, which began badly as its FW42 was not completed in time for the start of testing. They lagged well off the pace of the competition and scored only one point all year. The team has made several changes to its technical staff for the upcoming season. Former chief technical officer Paddy Lowe stood down in March last year, following which the team confirmed he would not return. Earlier this week Williams announced the forthcoming appointments of David Worner and Jonathan Carter to its technical team . Williams is the ninth team to officially confirm its launch plans for the upcoming season, leaving only Red Bull to announced when its new car will be revealed. Rumours indicate the RB16 will run for the …
It’s the dawn of a new era for the Spurs. Here’s everything to get you caught up
San Antonio is on the dawn of a new Spurs era as the 2021-2022 season tips off. Nothing has truly been the same since The Big Three left one by one, but after a pandemic-stricken year and the exits of favorites like Patty Mills, the team is looking much different. From the lineup to the social media-designated hashtag, the 2021-2022 season is ushering in a number of changes. Let's dive in to them. 'GAME DAY BALA GAME DAY' is now the Brooklyn way If you're still healing from Mills' exit, you're probably not ready for this one. For as long as Mills was in a Spurs jersey, he'd fire off a game day tweet. If San Antonians forgot a game was being played that evening, they'd easily be reminded if they got on Twitter and saw Mills' enthusiastic post. It had the same energy as his courtside towel wave in tweet form. On Tuesday, fans had to stutter step before hitting the retweet button. Mills, now a Brooklyn Bala, tweeted it for his new city and reopened the wound on the hearts of so …
2022 Land Rover Range Rover Teased Prior To October 26 Debut
Having been around since 2012, the Range Rover is easily the oldest model in the luxury fullsize SUV segment. The next-gen model will not only have to fight its traditional rivals, but also new names such as the BMW X7, Maybach GLS, Aston Martin DBX, and even the Jeep Grand Wagoneer to some extent. Land Rover is providing a first glimpse of the all-new luxobarge prior to an official debut scheduled to take place on October 26. The adjacent teaser images are giving the impression of an evolutionary design, much like the spy shots in the past, but don't let the familiar appearance trick you into believing the next Range Rover will be more of the same. It should be an all-new model by transitioning to Jaguar Land Rover's new MLA platform. Coming in both standard- and long-wheelbase configurations, the 2022 Range Rover will be offered with a variety of powertrains as aside from gasoline and diesel engines, it's also getting a plug-in hybrid option and rumors say a pure EV …
Sci-Fi Fan Gives Tron Treatment To His 2015 Ford Mustang
Roughly 35 years after the release of Disney’s Tron , the film’s futuristic aesthetic that imagined the world inside of a computer has continued to inspire people. Josh Rivers liked the look so much that he took it as the theme for his custom 2015 Ford Mustang V6 . The neon green color scheme is a little different than the cool blue that defines the movie, but the style still instantly evokes the franchise’s on-screen depiction. Tron -inspired grid lines are a color called Sheer Luck. More Movie- And TV-Inspired Vehicles: Buy This Official Batmobile Replica For Your Personal Batcave Toyota 2000GT Celebrates 50 Years As James Bond’s Sexy Spy Car Thomas The Tank Engine Isn't Allowed On British Roads Apex Customs applied a similar look to the Rosso Insignia 20-inch wheels by first power coating them and then wrapping portions in Sheer Luck. Black powder-coat brake calipers add to the mean look. Up front, the headlights feature green halos. The emerald …
Chevrolet introduces TRON-inspired Cruze concept at Auto China
Chevrolet is celebrating the opening of the Shanghai Disney Resort by introducing a Cruze inspired by the movie TRON: Legacy. Currently on display at Auto China, the one-off model was jointly developed with Disney and pays "tribute to the ultimate experience of speed and power from the 2011 science fiction movie." Styling changes are limited but the concept features a black exterior with metallic blue accents on the roof, grille and bumpers. The car has also been equipped with special wheels and tinted lighting units that have blue illumination. The unique styling continues in the cabin as drivers will find two-tone leather seats, a leather-wrapped dashboard, and blue contrast stitching. Other highlights include gloss black trim, blue accents, and ice blue ambient lighting. Chevrolet declined to release performance specifications but the Chinese-spec model is offered with two different engines including a naturally-aspirated 1.5-liter four-cylinder that produces 112 …