Designers concept

Last month we outlined how precariously Formula 1’s fortunes hinge upon its share price , in turn driven by factors surrounding the sport and the subsequent opinions of investment analysts. Yet, many of these have seldom – if ever – seen a grand prix live or on TV, and base their (critical) analyses on developments that profoundly affect stock value. Advert | Become a Supporter & go ad-free In a nutshell, uncertainty immediately knocks the price; positive, hard news gradually boosts it. At the time we flagged two dates: November 8th, on which F1’s commercial rights holder Liberty Media would field investor calls on Q3 earnings; and November 14th, Liberty Media’s Annual Investor Day, at which the results and prospects of group entities are presented to shareholders. F1 in particular seemed to leave the investment community distinctly lukewarm. During the investor call F1’s share prices – A Class FWONA and C Class FWONK – dipped. Steeper falls followed the call’s … [Read more...] about RacingLines: What is and isn’t behind F1’s share price moves – RaceFans

This is a carousel. Use Next and Previous buttons to navigate 5 The automobile has been a fixture of urban life for more than a century. Then came the coronavirus pandemic. Congested streets turned into pedestrian safe havens. Now many want to make those changes permanent - but it won't happen without a fight. Golden Gate Park is pretty serene, as far as battlefields go. On a recent, unusually sunny afternoon, the emerald of this city's green space was alive with people moving about its main thoroughfare. Cyclists buzzed past roller skaters, who shimmied around joggers, who lapped the many pedestrians. One runner paused to play a roadside piano. A father and son rallied on a ping pong table. Dogs abounded. The one constituency not present: cars. For some, this fact explained the peace. For others, it signaled defeat. Despite its bucolic environs, Golden Gate Park has emerged as one of the most high-profile fronts in a … [Read more...] about Inside the movement to remake America’s city streets

With both Red Bull and Mercedes taking partial credit for the Aston Martin AMR23, Fernando Alonso cannot see where either team is coming from. Aston Martin have been the surprise package at the start of F1 2023, jumping from being the P7 finisher in last season’s Constructors’ Championship to now having the second-fastest race car behind Red Bull. Alonso has joined the Red Bull duo of Max Verstappen and Sergio Perez on the first two podiums of the season in Bahrain and Saudi Arabia, P3 finishes for Alonso on both occasions. And it was after the Bahrain GP when Red Bull started pilling in with the banter about that AMR23, claiming its design bares great similarity to their double title-winning RB18 of last season. “They say imitation is the biggest form of flattery, and it’s good to see the old car going so well,” said Red Bull team boss Christian Horner, while Bahrain’s P2 finisher Perez would joke “we are all Red Bull drivers” when he, Verstappen and Alonso faced the media … [Read more...] about Fernando Alonso fails to see logic behind Red Bull/Mercedes copycat claims

Mercedes are making faster progress in developing their 2023 car having accepted they needed a change of concept, says team principal Toto Wolff. Advert | Become a Supporter & go ad-free The team realised it needed to change tack with its development following the uncompetitive start to its 2023 season in Bahrain. Having persisted with a novel interpretation of F1’s latest technical regulations throughout last season and into the beginning of this year, Wolff says the team is “storming full steam ahead now and changing things” with its W14. Although the team enjoyed a slightly more competitive weekend in Jeddah, where George Russell qualified within six tenths of a second of pole winner Sergio Perez, Wolff said that hasn’t led the team to doubt its decision to revise its design philosophy. “That doesn’t make it a millimetre better,” said Wolff. “I think that we are always looking at the benchmark performance and that is [Max] Verstappen and Perez, and it’s … [Read more...] about Mercedes making “bigger gains than we have for a long time” with car development · RaceFans