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This is a carousel. Use Next and Previous buttons to navigate 11 FRANKFURT, Germany (AP) — The European Union is taking another big step toward cutting its energy ties with Russia. The 27-nation bloc is banning Russian refined oil products like diesel fuel and joining the U.S. and other allies in imposing a price cap on sales to non-Western countries. Europe's ban takes effect Sunday following its embargo on coal and most oil from Russia. The move is meant to further slash reliance on Russian energy and payments into the Kremlin's war chest as the anniversary of the invasion of Ukraine nears. The newest energy sanctions have risks: Diesel prices have already jumped since the war started on Feb. 24, and there's uncertainty about how the EU embargo and price cap by the Group of Seven major democracies will affect the market for a fuel crucial to the global economy. Most things people buy or eat … [Read more...] about How will EU ban and West’s price cap on Russian diesel work?

The second campaign of the DTM’s GT3 era will be remembered for a number of good storylines, but one race that grabbed headlines for all the wrong reasons was the opening leg of the Hockenheim finale. While all eyes were on the title battle out front, a number of incidents erupted lower down the grid, with videos of a high-speed crash between David Schumacher and Thomas Preining in particular being circulated widely on social media. Such was the extent of the damage from the spate of incidents that seven cars were forced out the final race the following day, with some chassis even having to be written off completely. Driving standards in the DTM have come under question repeatedly in the past and teams do factor in damage costs when preparing a budget for the season. But the number of accidents in 2022 were beyond most had expected, forcing Mercedes squad GruppeM to exit the series due to what it described as “unpredictable” cost of repairs. One way to tackle this problem … [Read more...] about Why some DTM teams take out crash insurance but others gamble

WHEN Lyle Lovett went to Trinity Lutheran Church in Klein last Sunday -- it's the church his family has attended forever -- several members congratulated him on headlining the upcoming RodeoHouston. "I could tell from the greetings that, finally, because I'm playing the rodeo, I'm doing OK. This (music career) might work out," he says with a grin. The 43-year-old singer-songwriter, who has won several Grammy Awards and acted in movies (he's a favorite of director Robert Altman 's), is thrilled about performing at the rodeo for the first time, on Feb. 19. But if music is Lovett's passion, motorcycles rank a close second. When Lovett was 7, his family vacationed in Galveston. His father rented a small Honda sport bike, and they took a ride on the beach. "It was exhilarating. I had never felt anything like it," he recalls. "And I felt comfortable and safe, because I had my arms around my dad." Ever since that day on the beach, Lovett has held intense feelings about … [Read more...] about Lyle Lovett found peace on the seat of a Harley

Jost Capito has praised new Williams team principal James Vowles and said he has given his congratulations, after taking over his role at the team. Capito confirmed that “exhaustion” played a part in his decision to take a sudden step away from Williams and Formula 1 at the end of 2022, with former Mercedes strategy director Vowles being approached to take on the role he vacated. Mercedes boss Toto Wolff did not stand in his way, allowing Vowles to head to Grove and take on his first team principal role in Formula 1 with Williams. But for Capito, he feels Vowles is a fine choice to pick up where he left off with the team, with the challenge ahead of pulling themselves off the bottom of the Constructors’ Championship in 2023. “Yes, I’ve already worked closely with James, also with Mercedes and their drivers,” Capito told Auto Bild in Germany. “He’s incredibly competent, I like him a lot and he’s also a great person. I congratulated him accordingly, of course.” … [Read more...] about Jost Capito delivers his verdict on his Williams replacement James Vowles