Abiteboul left Renault ahead of its rebranding as Alpine, having played a key role in the restructuring and revamping of the operation. The Enstone-based outfit elected not to directly replace him and instead installed a management structure that has no set team principal. After several months away from the spotlight, Abiteboul has now been appointed as a motorsport advisor to the engineering company Mecachrome. The Mecachrome company has a long history in motorsport, having worked for decades with the Renault F1 operation. This season the company is manufacturing a number of significant components for the Renault power unit that Alpine F1 uses. Its engines are also used in F2 and F3. Mecachrome supplies 3.4 litre V6 engines for FIA Formula 2. Photo by: Mark Sutton / Motorsport Images Abiteboul’s role will be to propose strategic options for the medium term development of Mecachrome’s business in motorsport. Christian Cornille, CEO of Mecachrome, said: … [Read more...] about Former Renault F1 chief Abiteboul reveals new motorsport role
Steinbruck capital group
In a previous job, writing for a publication based in the UK, one of my favorite tasks was visiting racetracks of the past and comparing them then and now. A particular favorite was Pescara in Italy, still the longest course ever to grace the Formula 1 World Championship, at 16-plus miles. The Adriatic coast and the vineyard-strewn hillsides inland in this region together form one of the most gorgeous places on Earth. The photographer and I felt a real sense of accomplishment when, brandishing archive pics from the 1930s, ’40s and ’50s, we were able to figure out where the original photographers had stood, and then were able to replicate the shots in the 21 st century. Gratifyingly, much had remained the same. But as you can imagine, the delight in spotting the same milestone markers, the same trees with 60 years more growth and the faded painted curbing at the roadside, etc., was accompanied by a deep sense of poignancy. It can’t be described as nostalgia, of course, as … [Read more...] about Opinion: Saving Laguna Seca
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?
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?
Whether you like speed on two wheels or four, Honda gives you a good reason to celebrate. Few symbols in the automotive realm are as recognizable as the big red R that has adorned certain Honda and Acura models over the years. It’s hard to believe that the iconic Type R brand at Honda is now 25 years old, having first appeared on the NSX back in 1992. That same year, Honda also rocked the two-wheeled scene with the first CBR900RR Fireblade, so you might say the manufacturer has plenty of reason to celebrate performance for 2017. Update: Autonomous And Electric Honda Type R Is Here... For Your Lawn “The last 25 years has seen significant change socially, technologically and environmentally,” said David Hodgetts, managing director for Honda in the United Kingdom. “In 1992, there was no social media. The internet was in its infancy. Global warming was starting to raise its head. And the Shamen were top of the charts with Ebeneezer Goode.” Read also: … [Read more...] about Honda Celebrates 25 Years Of Type R And Fireblade Performance