The 2019 and 2020 title contender has been drafted in to drive the BTC Honda Civic Type-R FK8 vacated by Michael Crees following his shock departure from the squad last week. Cammish lost his drive at Team Dynamics over the off season as the squad was forced to reshuffle its plans for 2021, resulting in both Cammish and team owner Matt Neal standing aside in favour of three-time BTCC champion Gordon Shedden and Dan Rowbottom. As a result , the 32-year-old has committed to a return to Porsche Carrera Cup GB with the Redline squad he scored back-to-back title with in 2015 and 2016. The announcement from BTC Racing claims Cammish will be acting as a ‘guest’ driver only and does not confirm who will pilot its third Honda entry for balance of the season alongside regulars Josh Cook and Jade Edwards. According to the team's press release, BTC Racing will “evaluate drivers for its third car for the remainder of the 2021 BTCC season.” However, the signing is a coup for … [Read more...] about Cammish secures BTCC return with BTC Racing
Formula 1 is a sport that arguably consumes money like no other on the planet. The sums involved are vast and, to be player, you have to have access to some serious cash. Fortunately – just like with thoroughbred horse racing's standing as the "sport of kings" – the prestige and status of F1 attracts some of the wealthiest people on the planet. So let’s take a look at them... As an entrée, just think about that Claro sticker on the rear wing of the Red Bull Racing car. Claro is the South American part of America Movil, a Forbes Global 2000 telecoms group that employs almost 200,000 staff and is headquartered in Mexico City – its reported revenues are north of $50 billion. Its chairman, Carlos Slim Helu, has a current net worth of $62.8 billion, according to Forbes – at the time of writing, he’s the world's 16 th richest man. He – along with son Carlos Slim Domit – has been the financial force behind driver Sergio Perez, who joined the team in 2021. His career has … [Read more...] about Who Are The Richest People In Formula 1?
According to a filing with the U.S. Securities and Exchange Commission, Ferrari's initial public offering (IPO) could be valued at up to $9.8 (€8.6) billion. Fiat Chrysler Automobiles has officially launched Ferrari's initial public offering (IPO). The offering will consist of 17,175,000 common shares of Ferrari NV, a roughly nine percent stake, which will be valued between $48 (€42) and $52 (€45) a share. The shares will be listed on the New York Stock Exchange under the symbol of RACE. As part of the spinoff from FCA, Ferrari will assume $3.1 (€2.8) billion of debt. Enzo Ferrari's son, Piero Ferrari, will also being getting a pretty nice pay day as he'll receive a 10 percent stake in the automaker as well as a $318.5 (€280) million cash payment. While some analysts have been critical of the valuation, it hasn't deterred investors as Bloomberg is reporting initial requests for shares has outpaced availability by more than ten-to-one. Gallery: Ferrari IPO … [Read more...] about Ferrari IPO launched, stock to be listed on the NYSE under the symbol RACE
It can hold five sets of skis, too. The Porsche Taycan Cross Turismo offers up to 15.7 cubic feet (444.57 liters) of rear cargo space with the back seats up. If that's not enough storage, the German brand is introducing the Porsche Tequipment Performance roof box in May. As a factory accessory, the roof box undergoes the meticulous engineering that Porsche gives its vehicles. The engineers even tested the shape in the wind tunnel. The company has certified the storage solution's ability to handle speeds up to 124 miles per hour (200 kilometers per hour). Gallery: Porsche Tequipment Performance Roof Box 7 Photos "On its way to series maturity, it was driven on test tracks for several thousand kilometers as part of overall vehicle testing," said Jochen Schmid, director of Tequipment at Porsche. The roof box has a teardrop shape, except for an upward curve … [Read more...] about New Porsche Roof Box Can Withstand Speeds Of Up To 124 MPH
Fortunately – just like with thoroughbred horse racing’s standing as the ‘sport of kings’ – the prestige and status of F1 attracts some of the wealthiest people on the planet. So let’s take a look at them... As an entrée, just think about that Claro sticker on the rear wing of the Red Bull Racing car. Claro is the South American part of America Movil, a Forbes Global 2000 telecoms group that employs almost 200,000 staff and is headquartered in Mexico City – its reported revenues are north of $50billion. Its chairman, Carlos Slim Helu, has a current net worth of $62.8billion, according to Forbes – at the time of writing, he’s the world’s 16th richest man. Red Bull Racing RB16B rear wing endplate Photo by: Mark Sutton / Motorsport Images He – along with son Carlos Slim Domit – has been the financial force behind driver Sergio Perez, who joined the team in 2021. His career has been intrinsically linked to the Slim family via their Telmex telecoms company, which … [Read more...] about Who are the richest people in Formula 1?