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Eric Schmidt backed out of buying the Alfa Nero megayacht last year. The ship — one of the biggest yachts owned by a tech billionaire —was listed for about $161 million. AdvertisementLast year, Eric Schmidt made waves in the yachting community when news came out that he was the soon-to-be owner of the Alfa Nero, an 81-meter megayacht that belonged to a sanctioned Russian oligarch. But as the sale proceedings went on, legal challenges piled up as people laid claim to Alfa Nero, and Schmidt backed out of the deal. In September 2023, just three months after he won the Alfa Nero auction, the billionaire purchased Kismet, renaming her Whisper, Business Insider has learned.
Persons: Eric Schmidt, Alfa Nero megayacht, Shahid Khan, , Alfa Nero, Schmidt, Marcus Brandt, Shahid Khan — Organizations: Alfa, Service, Google, Bloomberg, Getty, Jacksonville Locations: Russian, Antigua, Barbuda, Russia, Ukraine, Caribbean
The girls’ boarding school in Chibok, miles behind them, had been set on fire. Then she noticed that some girls were jumping off the back of the truck, she said, some alone, others in pairs, holding hands. They ran and hid in the scrub as the truck trundled on. But before Ms. Dauda could jump, she said, one girl raised the alarm, shouting that others were “dropping and running.” Their abductors stopped, secured the truck and continued toward what, for Ms. Dauda, would prove a life-changing nine years in captivity. “If she hadn’t shouted that, we would have all escaped,” Ms. Dauda said in a series of interviews this past week in the city of Maiduguri, the birthplace of Boko Haram’s violent insurgency.
Persons: Saratu Dauda, Dauda, hadn’t, ” Ms Locations: Nigeria, Chibok, Maiduguri
A Tesla short-seller named two auto stocks that he believes have the potential to deliver 100% upside for investors. Lekander, who holds a short position in Tesla shares, has said the EV carmaker could "go bust" while its stock could fall to $14. His comments came after Tesla reported 386,810 vehicle deliveries in the first quarter, significantly below the lowest market estimates . Valuing AI in auto Lekander also dismissed the notion that Tesla's self-driving software justifies its high valuation, noting that the product is still in early research and development. "I thus remain massively bullish quality auto stocks, Stellantis and Mercedes are my favourites as they are well run and fully investor owned," Lekander told CNBC via email.
Persons: Per, Mercedes, Tesla, Lekander, CNBC's, Lekander's, — CNBC's Arjun Kharpal Organizations: Clean, Mercedes Benz, Romeo, Chrysler, Dodge, Fiat, Jeep, EV, Nvidia, CNBC, Stellantis
Many of their superyachts were seized or frozen, leading industry insiders to question their fate. The war prompted many governments to enact sanctions against Russia's richest, including seizing their superyachts worth hundreds of millions of dollars. At least a dozen superyachts — worth well over $1 billion combined — have been affected. Russia's sanctioned superyachts are hard to buy and sellThe first problem is that many of the yachts are "frozen" — not seized. "How does it look if you bought a Russian boat?"
Persons: It's, , Russia's, I've, Julia Simpson, Thompson of Monaco, it's, Joshua Naftalis, Ralph Dazert, Alfa Nero, Eric Schmidt, Simpson Organizations: Service, Russia's, Palm, SuperYacht, Thompson, Pallas Partners, SuperYacht Times Locations: Russia, Ukraine, Russian, San Diego, Antigua, Barbuda, Maldives, Montenegro, Dubai
Andrew Merry | Moment | Getty ImagesDETROIT — The buzz around electric vehicles is wearing off. U.S. EV sales were a record 1.2 million units last year, representing 7.6% of the overall national market, Cox Automotive estimates. "Moving on to less tech-savvy buyers will slow the EV market share growth over the next few years." Automakers wanted to emulate Tesla's success, with some promising to exclusively offer EVs in the not-too-distant future. "Toyota is almost completely absent from the [battery electric vehicle] market yet will gain more U.S. market share than any other car company this year.
Persons: hasn't, Andrew Merry, Aston Martin, Tesla, Elon Musk, Marin Gjaja, Ford, Pablo Di Si, Sam Fiorani, Romeo, Bentley, Mary Barra, there's, Cadillac, John Roth, We've, Gjaja, Jim Farley, Rebecca Cook, Oliver Blume, Akio Toyoda, Morgan Stanley, Adam Jonas, It's, Biden, Cox, Michelle Krebs, EVs, Trisha Jung Organizations: DETROIT, EV, Ford Motor, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, CNBC, GM, Hyundai Motor, Kia, Toyota Motor, VW, U.S, Cox Automotive, AutoForecast Solutions, Volvo, Buick, Cadillac, Honda, Ford Motor Co, Ford, Amperex Technology, Toyota, Cox, Tesla, Nissan, Nissan U.S, Environmental Protection Agency, Alliance for Automotive Innovation, American Automotive, Detroit automakers Locations: EVs, Europe, U.S, North America, Warren , Michigan, Detroit, Marshall , Michigan, Romulus , Michigan
The Ami is most ridiculous "car" I've ever driven — but it turns heads and is a lot of fun too. I thought I knew what to expect, but it wasn't until the "car" was driven off the trailer that I realized I'd taken custody of a large lawnmower. A large electric lawnmower. The Ami (French for "friend") also looked like it'd been washed in an army surplus cycle. Appropriately enough I almost made a new friend before I'd even parked, as a passer-by asked if I'd just bought it.
Persons: Ami, , Ram, Romeo —, I'd Organizations: Service, Dodge, Peugeot Locations: London
Formula 1 has two new team names this season, which follow a trend in the sport to focus on marketing: Visa Cash App RB Formula One Team and Stake F1 Team Kick Sauber. Sauber Motorsport has been racing since 1993 under various names, most recently as Alfa Romeo. “Before Audi’s arrival, we felt it was important to present ourselves with this new identity and to have a commercial partnership in place,” said Alessandro Alunni Bravi, the Stake team representative. “The Sauber Group has been in Formula 1 for 32 years, but this doesn’t mean we have forgotten what Sauber is. “The reality is that we said from the outset last year that we would move closer to the Red Bull family.”
Persons: Romeo, , Alessandro Alunni Bravi, Toro Rosso, Andrea Fairchild, ” Peter Bayer, Bull Organizations: Sauber, Sauber Motorsport, Audi, Sauber Group, Visa
The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.
Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah
Visa has taken over the title sponsorship of Red Bull's second team, which has been called Scuderia AlphaTauri since 2020 when Red Bull put its fashion label on its two junior cars. The team said Wednesday it will be called Visa Cash App RB F1 Team when Daniel Ricciardo and Yuki Tsunoda start the season. The team was known as Scuderia Toro Rosso — the Italian translation of Red Bull — from its 2006 debut season until 2020. Visa's deal with Red Bull is for three years, its senior vice president of global sponsorship strategy told The Associated Press. Visa becomes the third billion-dollar American company to join Red Bull as a sponsor in the last two years; Oracle is the title sponsor of the main two Red Bull cars, while Hard Rock International also launched a partnership.
Persons: Red, Red Bull, Daniel Ricciardo, Yuki Tsunoda, Toro Rosso —, Bull, Andrea Fairchild, ” Fairchild, , , Max Verstappen, Sergio Perez, there's, Catherine Ferdon, Cash Organizations: Visa, Formula, Red, Racing, Sauber, Red Bull's, Associated Press, F1 Academy, Red Bull, Oracle, Hard, American Express, Meta, , NFL, F1, Brand Locations: United States, America
CEO Carlos Tavares says the company's new large platform is flexible enough to handle batteries and electric motors, gas-electric hybrids and internal combustion engines. The company can also build midsize to large vehicles on those underpinnings, including sedans, crossover vehicles, SUVs and even off-road Jeeps. Electric vehicle sales growth is already slowing in many countries with consumers balking at the added cost as well as limited range and too few charging stations. On Friday, Ford said it was cutting production of the F-150 Lightning electric pickup after weaker-than-expected electric vehicle sales growth. A midsize vehicle platform announced by the company last year has similar flexibility, the company said.
Persons: , Carlos Tavares, Tavares, EVs, balking, Ford, Donald Trump, Stellantis, Alfa Romeo, Maserati, " Tavares, It's Organizations: Service, Business, EVs, Dodge, Chrysler, Alfa Locations: U.S, North America
CEO Carlos Tavares says the company's new large platform is flexible enough to handle batteries and electric motors, gas-electric hybrids and internal combustion engines. The company also can build midsize to large vehicles on those underpinnings, including sedans, crossover vehicles, SUVs and even off-road Jeeps. On Friday, Ford said it was cutting production of the F-150 Lightning electric pickup after weaker-than-expected electric vehicle sales growth. Stellantis said vehicles built off the new large platform will be built at multiple North American and European factories. A midsize vehicle platform announced by the company last year has similar flexibility, the company said.
Persons: Carlos Tavares, Tavares, EVs, ” Tavares, balking, Ford, Donald Trump, , , Stellantis, Alfa Romeo, Maserati, It's Organizations: DETROIT, EVs, Dodge, Chrysler, Alfa Locations: U.S, North America
[1/2] The Stellantis logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado Acquire Licensing RightsMILAN, Nov 21 (Reuters) - Carmaker Stellantis (STLAM.MI) and Chinese EV battery giant CATL (300750.SZ) said on Tuesday they signed a preliminary agreement for the supply of battery cells and modules for the automaker's electric vehicle (EV) production in Europe. The two companies said in a joint statement they were also considering a possible investment to set up a 50-50 joint venture to support the automakers' electrification strategy. Stellantis and CATL said the memorandum of understanding (MoU) announced on Tuesday outlined a long-term collaboration between the two groups, including "identifying opportunities to further strengthen the battery value chain". For its EV battery needs in Europe Stellantis is building three gigafactories, in France, Germany and Italy through its ACC joint venture with Mercedes (MBGn.DE) and TotalEnergies (TTEF.PA), while others might follow in the region.
Persons: David, Dee, Delgado, Alfa Romeo, Stellantis, CATL, Robin Zeng, Carlos Tavares, Giulio Piovaccari, Chizu Organizations: New York, REUTERS, EV, Franco, Jeep, Peugeot, Fiat, Alfa, ACC, Mercedes, Fiat Chrysler, PSA, Thomson Locations: Manhattan , New York City, U.S, Europe, Italian, France, Germany, Italy
[1/5] Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 18, 2023 Ferrari's Charles Leclerc celebrates after qualifying in pole position REUTERS/Finn Blake Acquire Licensing RightsSummaryCompanies Ferrari first and second in Las Vegas qualifyingLeclerc on pole but penalty drops Sainz 10 placesVerstappen to start on front row for Red BullWilliams in surprise third row sweep, McLaren struggleLAS VEGAS, Nov 18 (Reuters) - Charles Leclerc put Ferrari on pole position for the inaugural Las Vegas Grand Prix on Saturday with Red Bull's triple Formula One world champion Max Verstappen stepping up to join him on the front row. Leclerc was fastest in all three qualifying phases down the floodlit Strip, with its neon backdrop of landmark hotels and casinos, for his third pole in the last four races. The Monaco driver was still disappointed with his laps, and a pole time of one minute 32.726 seconds only half a tenth faster than Sainz. Red Bull's Sergio Perez, who can clinch second place overall in the championship this weekend, will start 11th as Sainz drops to 12th. Qualifying started at midnight on Friday, making Las Vegas the first grand prix since Japan in 2019 where the pole position was decided on the same day as the race.
Persons: Ferrari's Charles Leclerc, Finn Blake, Ferrari, Leclerc, Verstappen, Red Bull Williams, Charles Leclerc, Max Verstappen, Ferrari's Carlos Sainz, Sainz, George Russell, Pierre Gasly, Williams, Alex Albon, Logan Sargeant, Valtteri Bottas, Alfa Romeo, Kevin Magnussen, Haas, Fernando Alonso, Aston Martin, Mercedes, Lewis Hamilton, Red Bull's Sergio Perez, MCLARENS, McLarens, Britain's Lando Norris, Oscar Piastri, Aston, Lance, Zak Brown, Alpine's Esteban Ocon, Frenchman, Ocon, Alan Baldwin, Kirsten Donovan, Hugh Lawson Organizations: Las Vegas, Las Vegas Strip, Sainz, McLaren, LAS VEGAS, Monaco, Mercedes, Alfa, U.S, Aston, Sky Sports, Verstappen, Thomson Locations: Las Vegas , Nevada, U.S, Sin City, Dutch, Japan, London
[1/5] Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 16, 2023 Stewards use a crane to remove the Ferrari of Carlos Sainz Jr. after the cancellation of the first practice session due to a drain cover that came off the asphalt and hit the car. The survival cell, engine, battery and control electronics were all damaged beyond repair during an incident that Ferrari team principal Frederic Vasseur called "unacceptable." "I think it's tough for a team to arrive in Vegas and to have this kind of incident," he said as mechanics rebuilt Sainz's car. read moreAlpine driver Esteban Ocon's chassis also needed to be replaced due to damage but he too returned for second practice. The sessions along the transformed Strip marked F1's return to Las Vegas for the first time in nearly 40 years.
Persons: Carlos Sainz Jr, Sainz, Charles Leclerc, Ferrari, Carlos Sainz, Frederic Vasseur, Esteban Ocon's, Fernando Alonso, Aston Martin, Red Bull's Sergio Perez, Valtteri, Alfa Romeo, Red, Max Verstappen, Verstappen, I've, Mercedes, Lewis Hamilton, I'm, Vasseur, McLaren, Zak Brown, Toto Wolff, Wolff, Leclerc, Haas, Nico Hulkenberg, Kevin Magnussen, Rory Carroll, Alan Baldwin, Miral Fahmy, Toby Davis Organizations: Las Vegas, Las Vegas Strip, VEGAS, Ferrari, FIA, Aston, Alfa, Briton, Liberty, Thomson Locations: Las Vegas , Nevada, U.S, Vegas, Qatar, Las Vegas, Monaco, Baku, Los Angeles, London
[1/4] F1 apparel is displayed for sale, as U.S. retailers including PacSun and Abercrombie & Fitch are launching lines of Formula 1-inspired apparel, in Las Vegas, Nevada, U.S., November 15, 2023. Teen clothing chains Abercrombie & Fitch (ANF.N) and PacSun are among the U.S. retail chains seeking to turn Americans' budding love affair with Formula One into sales of F1-inspired clothing lines, building partly on excitement for this weekend's inaugural Las Vegas Grand Prix, the retailers said. At the start of the year, the average ticket price for the three-day race weekend was $1,667 -- more than triple that for some European races, such as the Belgian Grand Prix. Rolex paid $35 million in 2023 for a deal that includes title naming rights at two Grand Prix, according to research firm GlobalData. Ahead of the Vegas race, PacSun is selling a collection that includes a pair of $69 women’s cargo jeans and a $600 men’s leather jacket.
Persons: Mike Blake, Jay Prasad, , Richard Cox, PVH, Tommy Hilfiger, Conrad Wiacek, Red, Max Verstappen, they’re, Williams, Alfa, Katherine Masters, Jonathan Oatis Organizations: Abercrombie, Fitch, REUTERS, Rolex, One, Las Vegas, Prix, Mercedes, AMG Petronas, Miami Grand Prix, Puma, AP Rocky, Monaco, Netflix, ESPN, Red Bull, Alpine, Kappa, McLaren, Alfa Romeo, Thomson Locations: Las Vegas , Nevada, U.S, Belgian, Vegas, Miami, United States, Las Vegas, men’s
Alfa Bank analysts valued UGC's share capital at 140.5-170.8 billion roubles ($1.53-1.86 billion). Britain imposed sanctions on 29 individuals and entities in Russia's gold and oil sectors on Wednesday, including Strukov and two of Russia's largest gold producers, Nord Gold and Highland Gold Mining, but not UGC itself. Britain's National Crime Agency (NCA) also issued an alert to financial institutions, warning them about Russian attempts to use gold to evade sanctions. Strukov said the IPO would allow UGC to reach more investors, diversify the shareholder structure and lower its debt burden. A string of small offerings has breathed some life into Russia's equity capital markets in recent months.
Persons: Uzhuralzoloto, Konstantin Strukov, Strukov, Anastasia Lyrchikova, Felix Light, Alexander Marrow, Mark Potter Organizations: UGC, Alfa Bank, Reuters, Nord, Highland Gold Mining, Crime Agency, Astra, Thomson Locations: Russia, Ukraine MOSCOW, Moscow, Britain, Ukraine, Nord Gold
Some warehousing operations as well as distribution, logistics and refrigeration businesses no longer fit into Femsa's strategy and may be sold, Fonseca said. Femsa's shares have surged more than 40% this year after shedding 4.8% in 2022. Femsa, which last year acquired Swiss kiosk operator Valora for $1.15 billion, plans to concentrate on its retail, bottling and financial technology (fintech) operations. Femsa is capitalizing on the ubiquity of its Oxxo stores by promoting fintech services in them, such as digital accounts and debit cards, Fonseca said. Femsa's scale has allowed it to automate some processes, and it is looking for ways to cut energy costs, he said.
Persons: Daniel Becerril, Juan Fonseca, Fonseca, Femsa, Valentine Hilaire, Christian Plumb, Rod Nickel Organizations: Coca, Coke, REUTERS, MEXICO CITY, Heineken, Reuters, Televisa, Alfa, Thomson Locations: Coca Cola, Monterrey, Mexico, MEXICO, U.S, Jetro, Swiss
PARIS, Nov 1 (Reuters) - French investigative judges on Wednesday put Russian tycoon Alexey Kuzmichev under formal investigation, a source at the financial prosecutor's office said. Kuzmichev, who had been held for questioning since Monday, was put under formal investigation over allegations of laundering of tax evasion proceeds, money laundering and concealed work, the source said. While the financial prosecutor's office had sought for Kuzmichev to be placed in pre-trial detention, he will be set free under judicial supervision, the source said. Being placed under formal investigation in France does not imply guilt or necessarily lead to trial but shows judicial authorities consider there is enough to the case to proceed with the probe. Kuzmichev was one of very few Russian tycoons who stayed in the West after Russia invaded Ukraine.
Persons: Alexey Kuzmichev, Kuzmichev, Vladimir Putin, Forbes, Russian tycoons, Ingrid Melander, Felix Light, Diane Craft, Sandra Maler Organizations: Wednesday, Kuzmichev's Paris, European Union, Russia's Alfa Bank, Thomson Locations: France, Ukraine, Russian, West, Russia
PARIS, Oct 31 (Reuters) - Russian tycoon Alexey Kuzmichev has been detained for questioning in France in connection with alleged tax evasion and money laundering and for violating international sanctions, the French Financial Prosecutors’ office said on Tuesday. Kuzmichev was still being detained on Tuesday but has not yet been charged in the case. Russia will be able to defend Kuzmichev's rights once Paris provides detailed information about his case, Kremlin spokesman Dmitry Peskov said. "As far as I understand, he is a citizen of the Russian Federation so we should receive information about the detention through our diplomatic mission," Peskov told reporters. "Once we receive the information, and if the detainee so wishes, we will of course assist in protecting his rights as a Russian citizen."
Persons: Alexey Kuzmichev, Kuzmichev, Philippe Blanchetier, Dmitry Peskov, Peskov, Vladimir Putin, Dominique Vidalon, Tassilo Hummel, Christina Fincher Organizations: Financial Prosecutors, Kuzmichev's Paris, Russian Federation, European Union, Russia's Alfa Bank, Thomson Locations: France, Le, Russia, Paris, Russian
PARIS (Reuters) - Russian tycoon Alexey Kuzmichev is detained for questioning in France in connection with alleged tax evasion and money laundering and for violating international sanctions, the French Financial Prosecutors’ office said on Tuesday. Searches took place on Monday at Kuzmichev's Paris home and in the Mediterranean Var region as part of the investigation, the office said, confirming a report in French daily Le Monde. Kuzmichev was still being detailed on Tuesday but has not yet been charged in the case. French customs agents last year seized the oligarch's 27-metre yacht "La Petite Ourse", sparking a legal battle between authorities and Kuzmichev, one of the main shareholders of Russia's Alfa Bank. (Reporting by Dominique Vidalon, editing by Tassilo Hummel)
Persons: Alexey Kuzmichev, Kuzmichev, Dominique Vidalon, Tassilo Hummel Organizations: PARIS, Financial Prosecutors, Kuzmichev's Paris, Russia's Alfa Bank Locations: France, Le
Team by team analysis of the Mexico City Grand Prix
  + stars: | 2023-10-30 | by ( ) www.reuters.com   time to read: +3 min
Oct 30 (Reuters) - Team by team analysis of Sunday's Mexico City Grand Prix, the 19th race of the 22-round Formula One season (teams listed in championship order):RED BULL (Max Verstappen 1, Sergio Perez retired)Verstappen lined up third and made a great getaway to take the lead into the first corner. Perez tried to pass Ferrari's Leclerc at the first corner, collided and retired from his home race. He has been second to Verstappen in Mexico for three years in a row now. Piastri let Norris past for seventh place on lap 56, getting a thank you from his team mate. Sargeant was retired on the last lap to avoid damaging the car's power unit due to a fuel pump issue.
Persons: Max Verstappen, Sergio Perez, Verstappen, Alain Prost, Perez, Ferrari's Leclerc, Lewis Hamilton, George Russell 6, Hamilton, Russell, Norris, Charles Leclerc, Carlos Sainz, Leclerc, Sainz, Aston Martin's Alonso, MCLAREN, Lando Norris, Oscar Piastri, Piastri, AlphaTauri's Tsunoda, ASTON MARTIN, Lance, Fernando Alonso, Alonso, Esteban Ocon, Pierre Gasly, Ocon, Hulkenberg, WILLIAMS, Alex Albon, Logan Sargeant, Albon, Sargeant, Daniel Ricciardo, Yuki Tsunoda, Ricciardo, ALFA ROMEO, Zhou, Valtteri, Alfa, Bottas, HAAS, Nico Hulkenberg, Kevin Magnussen, Magnussen, Haas, Alan Baldwin, Simon Cameron, Moore Organizations: Grand Prix, FERRARI, Ferrari, Bottas, McLaren, Thomson Locations: Mexico, Texas, London
Only three drivers have won more races in the history of the sport and Verstappen could have passed Sebastian Vettel, next in his sights on 53, by the end of the season. The win was also his 14th in the last 15 races and a fifth in six editions of the grand prix at the Autodromo Hermanos Rodriguez. Second is a priority for dominant Red Bull who have never yet finished a season with their drivers first and second. The race resumed from a standing re-start, with Verstappen accelerating into the distance and Leclerc second on the hard tyres but seven-times world champion Hamilton right behind on mediums. Verstappen had seized the safety car period as an opportunity for a cheap second pitstop and some fresh hards while Leclerc had pitted just before Magnussen's accident.
Persons: Hamilton, Mercedes Leclerc, Perez, Max Verstappen, Sergio Perez, Ferrari's Charles Leclerc, Alain Prost's, Sebastian Vettel, Autodromo Hermanos Rodriguez, Verstappen, Bull, Mercedes's Lewis Hamilton, Leclerc, Kevin Magnussen, Ferrari, Red, Ferrari's Carlos Sainz, McLaren's Lando Norris, Oscar Piastri, AlphaTauri's Daniel Ricciardo, Mercedes George Russell, Russell, Ricciardo, Alex Albon, Williams, Esteban Ocon, Pierre Gasly, Haas's Nico Hulkenberg, HAAS, Magnussen's Haas, Dane, Aston Martin, Lance, Bottas, Fernando Alonso, AlphaTauri's Yuki Tsunoda, Alan Baldwin, Ken Ferris, Clare Fallon, Lincoln Organizations: Mexico City, Prix, Autodromo Hermanos, Red Bulls, Red Bull, Briton, AlphaTauri, Renault, Hamilton, Alfa, Piastri, Thomson Locations: MEXICO, Mexico, French, Hamilton, London
Russian billionaire Fridman loses challenge over mansion upkeep
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Sergei Karpukhin/File Photo/File Photo Acquire Licensing RightsLONDON, Oct 26 (Reuters) - Sanctioned Russian billionaire Mikhail Fridman cannot spend thousands of pounds a month on the upkeep of his London mansion, containing a 44 million-pound ($53.2 million) art collection, London's High Court ruled on Thursday. The 59-year-old also wanted to spend 1,850 pounds a month on communications systems, which Fridman said regulate Athlone House's telephones, IT, lighting, heating and security. Athlone House, in north London, was raided by Britain's National Crime Agency in December, which is the subject of a separate legal challenge by Fridman. The Russian billionaire, whose net worth is estimated by Forbes magazine at $12.8 billion, has been subject to British sanctions since March 2022, a month after Russia invaded Ukraine. His designation under Britain's sanctions regime was updated in September to remove a reference to him being a "pro-Kremlin oligarch".
Persons: Mikhail Fridman, Sergei Karpukhin, Fridman, Judge Pushpinder Saini, Fridman's, OFSI, Saini, Sam Tobin, Deborah Kyvrikosaios Organizations: Alfa Group, Russian, Industrialists, Entrepreneurs, REUTERS, Athlone, Athlone House, Britain's National Crime Agency, Forbes, Thomson Locations: Russian Union, Moscow, Russia, Russian, Athlone, Britain, Israel, London, Ukraine
Perez to feel the love even if the dream is dashed
  + stars: | 2023-10-25 | by ( Alan Baldwin | ) www.reuters.com   time to read: +3 min
"I don't think Max is going to get the warmest reception in Mexico," commented team boss Christian Horner after Verstappen won to boos in Austin last Sunday. Perez, with 'Never Give Up' prominent on a specially-designed helmet for the occasion, remains positive despite a run of poor form. Perez, a winner twice this year, has been off the podium in his previous four outings and beaten by Verstappen in the last 14. Verstappen has won four of the last five Mexican Grands Prix while Perez has been third in the last two. Denmark's Frederik Vesti will take George Russell's Mercedes and Britain's Oliver Bearman replaces Kevin Magnussen at Haas for FP1.
Persons: Sergio Perez, Greenlee Beal, Bull, Max Verstappen, Mexico City's Autodromo Hermanos Rodriguez, Max, Christian Horner, Verstappen, Austin, Perez, Alain Prost, McLaren's Lando Norris, German Nick Heidfeld, Norris, Lewis Hamilton, Hamilton, Jack Doohan, Mick, Isack Hadjar, Theo Pourchaire, Denmark's Frederik Vesti, George Russell's Mercedes, Britain's Oliver Bearman, Kevin Magnussen, Haas, Alan Baldwin, Ed Osmond Organizations: United, Prix, Mexico City's Autodromo Hermanos, Verstappen, Grands Prix, Alpine, FP1, Thomson Locations: United States, Americas, Austin , Texas, U.S, Mexican, Mexico, German, Austin, London
Formula One statistics for the Mexican Grand Prix
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +4 min
[1/3] Formula One F1 - United States Grand Prix - Circuit of the Americas, Austin, Texas, U.S. - October 22, 2023 Red Bull's Sergio Perez in action during the race REUTERS/Brian Snyder/File Photo Acquire Licensing RightsOct 25 (Reuters) - Formula One statistics for Sunday's Mexican Grand Prix at Mexico City's Autodromo Hermanos Rodriguez, round 19 of the 22-race season. CHAMPIONSHIPRed Bull and Verstappen have won both championships already, Verstappen his third and Red Bull their sixth. Red Bull have won 17 of 18 races, with Ferrari's Carlos Sainz winning in Singapore. Red Bull have also had a team record six one-two finishes in 2023. PODIUMSix teams and 11 drivers have made a podium appearance this season: Red Bull, Alpine, Aston Martin, McLaren, Mercedes and Ferrari.
Persons: Sergio Perez, Brian Snyder, Mexico City's Autodromo Hermanos Rodriguez, Max Verstappen, Red, MEXICO Red Bull's Sergio Perez, Lewis Hamilton, Nico Rosberg, Hamilton, Bull, Verstappen, Red Bull, Alain Prost, Ferrari's Carlos Sainz, Singapore . Red Bull, Aston Martin's Fernando Alonso, Ferrari's Charles Leclerc, Sainz, Aston Martin, McLaren, Mercedes, Michael Schumacher, Alonso, Alfa Romeo's, Zhou, Perez, Mercedes's George Russell, McLaren's Oscar Piastri, AlphaTauri's Yuki Tsunoda, Satoru Nakajima, Kamui Kobayashi, McLaren's Lando Norris, Nick Heidfeld's, Alan Baldwin, Ed Osmond Organizations: United, Prix, Mexico City's Autodromo Hermanos, MEXICO Red, Mercedes, Red, WINS Verstappen, Ferrari, Aston, Thomson Locations: United States, Americas, Austin , Texas, U.S, Netherlands, MEXICO, Mexico, Singapore, Singapore . Red, Saudi Arabia, Spain, Azerbaijan, Belgium, Austin, Hamilton, Hungary, Italy, Verstappen, Brazil, Australia, China, London
Total: 25