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☆ House Judiciary chief launches investigation into Formula 1 over Andretti exclusion
▼ + stars: | 2024-05-07 | by ( Sahil Kapur | ) www.cnbc.com time to read: +2 min

The chairman of the powerful House Judiciary Committee is launching an investigation into Formula 1 and its U.S. owner, Liberty Media , to demand answers about the sport's decision to deny Andretti Global a spot on the grid. The letter is dated Tuesday and addressed to Greg Maffei, the president and CEO of Liberty Media, and Stefano Domenicali, the president and CEO of Formula One Group. "Delaying Andretti Cadillac's entry into Formula One for even one year will harm American consumers to benefit failing Formula One teams," Jordan writes. "Limiting the number of teams in Formula One will increase the price of sponsoring or buying into an existing Formula One team. The letter comes days after Mario Andretti, a former Formula 1 world champion, visited Capitol Hill and spoke at a press conference with lawmakers to pressure the sport to admit Andretti Global.

Persons: Mario Andretti, John James, Jim Jordan, Greg Maffei, Stefano Domenicali, Andretti, Jordan Organizations: Washington , DC, Andretti, Capitol, General Motors, Committee, Liberty Media, NBC News, Formula One, Formula, One, Andretti Global, Capitol Hill Locations: Washington ,, Ohio, United States, Michigan

☆ Lando Norris claims first win of F1 career, storming to victory at Miami Grand Prix in front of star-studded crowd
▼ + stars: | 2024-05-06 | by ( Ben Morse | Thomas Schlachter | ) edition.cnn.com time to read: +3 min

CNN —Lando Norris won the first race of his Formula One career, storming to victory at the Miami Grand Prix on Sunday in front of a crowd flooded with celebrities. Sunday’s victory was also McLaren’s first grand prix victory since 2021 – and second in the last 12 years. “He drove perfectly, the car was really fast.”Norris finished 7.61 seconds ahead of second-placed Verstappen to win the 2024 Miami Grand Prix. The F1 season next heads to Italy for the Emilia Romagna Grand Prix with the race weekend starting on May 17. This year’s attendance at the Miami Grand Prix was a sold out 275,000 across the race weekend, according to Formula One.

Persons: CNN — Lando Norris, Max Verstappen, Ferrari’s Charles Leclerc, – Norris, “ I’m, I’ve, ” Norris, –, McLaren, Zak Brown, Norris, ”, ” Brown, Mark Thompson, Verstappen, Brit, “, Lando, It’s, it’s, ” Verstappen, Lisa, Blackpink, Tom Brady, Blackpink’s Lisa, Camila Cabello, Ed Sheeran, Anthony Mackie, Patrick Mahomes, Travis Kelce, Odell Beckham Jr, Fred Kerley, Keke Palmer, Daniel Ricciardo, Rudy Carezzevoli, Donald Trump Organizations: CNN, Miami, Prix, McLaren, Sky Sports, Getty, Emilia, Grand Prix, Miami Grand Prix, North, NFL, Miami International, Kansas City Chiefs, Former, Formula One Locations: British, Italy, Grand, North America

☆ Equinox launches $40,000 membership to help you live longer
▼ + stars: | 2024-05-06 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Equinox is teaming up with lab-test startup Function Health to launch "Optimize by Equinox," a personalized health program that includes everything from personal training and nutrition plans to sleep coaching and massage therapy. "It's really a paradigm shift in how we're able to live with vitality and avoid suffering," said Jonathan Swerdlin, co-founder of Function Health. Function Health will test members for 100 biomarkers — everything from heart, liver and kidney health to metabolic and immune systems to cancer markers and nutrients. Equinox will then run its own battery of fitness tests, including VO2 max, strength and movement range. The fee doesn't include an Equinox gym membership, which brings the total to about $40,000 or more for the year.

Persons: Jonathan Swerdlin, Julia Klim, Equinox's, Klim, Swerdlin Organizations: Function, Pacific Locations: Philadelphia, Pacific Palisades, Los Angeles, New York City, Highland Park , Texas

Our guide has everything you need about where to watch a free Miami F1 live stream. How to watch free Miami F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 Miami live stream in the USESPN covers Formula 1 racing throughout the season. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluHow to watch Miami F1 live stream in the UKWant a free option?

Persons: Verstappen, Leclerc, Sainz, Perez, Norris, we're, Max, we've, you'll, ServusTV, ExpressVPN, it's, Hulu's Organizations: Business, Miami, Ferrari, RTL2, AWST, Miami F1, ESPN, ABC, Miami GP, Disney, Hulu, Disney Plus, Sky Sports, Sky, Premier League Locations: Miami, ORF1, Austria, Belgium, Luxembourg, TV's

☆ Fact check: Another week, another round of false Trump claims about his trial
▼ + stars: | 2024-05-05 | by ( Daniel Dale | ) edition.cnn.com time to read: +10 min

Washington CNN —Former President Donald Trump continues to make false claims about his New York trial. Here’s a fact check of four false claims and one misleading claim he made about the trial in his courthouse comments last week. Judge Juan Merchan’s gag order, which narrowly restricts his out-of-court speech, does not in any way stop him from testifying. The gag order also does not broadly prevent Trump from talking. Trump’s campaign scheduleTrump continued Friday to complain that the New York trial is preventing him from being on the campaign trail.

Persons: Donald Trump, Trump, –, “ I’m, who’s, ”, he’s, I’m, Judge Juan Merchan’s, Joe Biden, Merchan, Rather, Attorney Alvin Bragg, Bragg, it’s, “, ’ Trump, ’ ” Trump, ’, you’re, ” Trump, ” Merchan, Defendant, Biden, It’s, Matthew Colangelo, Colangelo, CNN’s Kristen Holmes Organizations: Washington CNN, New, Trump, Manhattan, Attorney, “, Republican, Miami, Prix, Georgia, Biden, Justice Department Locations: New York, Manhattan, Michigan, York, Fulton County , Georgia, Washington , DC, Florida, Georgia, Ohio, Wisconsin, North Carolina, Bedminster , New Jersey, York’s

☆ Earnings will drive the market next week — what we expect from 2 portfolio stocks
▼ + stars: | 2024-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho

☆ Fact check: Trump makes false courthouse claims about bail and his campaign schedule
▼ + stars: | 2024-05-03 | by ( Daniel Dale | Kristen Holmes | ) edition.cnn.com time to read: +4 min

Washington CNN —Continuing his barrage of courthouse deception, former President Donald Trump made more false claims about his Manhattan trial on Friday. Trump’s false claim about bailTrump said: “New York City is a violent city; it’s become violent with the cashless bail. I’m the only one who has to put up bail.”Facts First: Trump’s claim is false. Trump’s assertion that New York City is “a violent city” is subjective. Trump’s false claim about his scheduleTrump continued Friday to complain that the New York trial is preventing him from being on the campaign trail.

Persons: Donald Trump, Trump, —, it’s, “ Organizations: Washington CNN —, “, New, Republican, Miami, Prix, Georgia, North Carolina, Trump Locations: York, Fulton County , Georgia, New York, Washington , DC, Florida, Georgia, Ohio, Wisconsin, Michigan, Manhattan, Bedminster , New Jersey

☆ Aston Martin opens 66-story residential tower in Miami
▼ + stars: | 2024-05-02 | by ( Jack Guy | ) edition.cnn.com time to read: +5 min

CNN —Miami has a new addition to its skyline – a 66-story residential tower built by Aston Martin, marking the British luxury sports carmaker’s first foray into the residential real estate market. Comprising of 391 units, Aston Martin Residences Miami sits at the mouth of the Miami River on Biscayne Bay, the firm said in a statement Tuesday. Aston Martin touchesHomeowners are able to customize their interior space with the help of the Aston Martin design team, with three style packages – Timeless, Covert and Indulgent – drawing on the company’s British heritage, as well as the building’s context. Aston Martin Residences MiamiAston Martin said that 99% of the properties sold before the building was completed. Aston Martin isn’t the first luxury carmaker to enter the residential property market.

Persons: Aston Martin, Rodolfo Miani, Bodas Mian Anger, ”, Aston, Germán Coto, “, Coto, Marek Reichman, Reichman, ” Reichman, you’ve, Aston Martin Residences Miami Aston Martin, Aston Martin Vulcan, Aston Martin isn’t Organizations: CNN, Miami, Aston Martin Residences Miami, G Business, Formula, Prix, Martin Residences Miami, Aston Martin Residences, Aston, Aston Martin, Aston Martin Residences Miami Aston, Residences Locations: Miami, Biscayne Bay, jacuzzis, cabanas, Bentley, Sunny, Beach , Florida

☆ U.S. Congress members demand answers on Andretti's exclusion from Formula 1
▼ + stars: | 2024-05-01 | by ( Sahil Kapur | ) www.cnbc.com time to read: +5 min

Twelve members of the U.S. Congress sent a letter to Formula 1 owner Liberty Media on Wednesday demanding answers for why it is excluding Andretti Global from the sport, giving the American team powerful new allies in its bid to enter F1. "Our team, Andretti Global, is part of every major racing discipline in the world. Last fall Formula 1's governing body, the FIA, accepted the racing team's push to join the grid, saying it met the criteria. Because we have an obligation to protect the American consumer, to protect American companies, and that is our first allegiance. The move marks an earthquake for F1 as Newey is widely regarded as the greatest car designer in the sport.

Persons: Mario Andretti, Andretti Cadillac, John James, Gregory Maffei, —, that's, Andretti, James, It's, Jim Jordan, Adrian Newey, Sebastian Vettel, Max Verstappen, Newey Organizations: Auto, U.S, Capitol, U.S . Congress, Liberty Media, Andretti Global, American, General Motors, Formula, Andretti, GM, Cadillac, Rep, FIA, Formula One Management, Miami, Prix, Las Vegas, Red Bull Racing, Red Bull, NBC News Locations: U.S, Michigan, America, Ohio, Austin

☆ Adrian Newey: Red Bull chief techical officer and pioneering engineer to leave F1 team in 2025
▼ + stars: | 2024-05-01 | by ( Sammy Mncwabe | ) edition.cnn.com time to read: +3 min

CNN —Red Bull’s pioneering engineer and Chief Technical Officer Adrian Newey is set to leave the outfit in the first quarter of 2025, the team announced in a statement on Wednesday. Prior to Red Bull, the 65-year-old enjoyed successful spells at Williams and McLaren. “For almost two decades, it has been my great honour to have played a key role in Red Bull Racing’s progress from upstart newcomer to multiple title-winning team,” Newey said in the statement released by Red Bull. He was later cleared of any wrongdoing as announced by the Formula One team’s parent company, Red Bull GMBH. According to multiple reports in March, Red Bull suspended the female employee who had leveled the accusations against Horner.

Persons: Adrian Newey, Newey, Red Bull, McLaren, ” Newey, ”, Christian Horner, ” Horner, “, Dietrich Mateschitz, Max Verstappen, Clive Mason, Horner, Mercedes ’ Toto Wolff Organizations: CNN, Red Bull, Constructors, Williams, “, Red Bull Racing Team, Red, Dutchman, Prix, Getty, Australian, Formula, Red Bull GMBH

☆ F1's fanbase is shifting — and the 'Netflix effect' is only part of that
▼ + stars: | 2024-04-30 | by ( Chris Hawes | ) www.cnbc.com time to read: +6 min

Carlos Sainz of Ferrari during second practice ahead of the Formula 1 Las Vegas Grand Prix at Las Vegas Strip Circuit in Las Vegas, United States on November 17, 2023. Proponents of the "Netflix effect" often point to a poll taken in 2022 which found 28% of American adults considered themselves to be F1 fans, with more than half crediting "Drive to Survive." If this were true it would mean there were an incredible 72 million F1 fans in the U.S. alone. This argument runs out of road slightly however, when you consider that only 2 million Americans tuned in to watch the 2023 Miami Grand Prix. Today, F1 fans are estimated to be around 40% female, up from just 8% in 2017, as well as significantly more culturally diverse.

Persons: Carlos Sainz, Ferrari, Jakub Porzycki, Nielsen, it's, Toni Cowan, Brown, Cowan, Zak Brown, McLaren, It's, Buzz Radar, TJ Adeshola, Aston Martin, McLaren Unboxed, Lando Norris, Oscar Piastri, Thaier Organizations: Las Vegas, Nurphoto, Netflix, ESPN, IndyCar, NASCAR, Prix, Miami Grand Prix, CNBC, North, Anp, Getty, YouTube, Liberty Media, Aston, Aston Martin Racing, Buzz, Formula, sudani Locations: Las Vegas, United States, U.S, North America, North American, Nevada, Aston Martin, Australia, Bahrain

Our guide has everything you need about where to watch a free China F1 live stream. How to watch free China F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 China live stream in the USESPN covers Formula 1 racing throughout the season. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluHow to watch China F1 live stream in the UKWant a free option?

Persons: Verstappen, Perez, Alonso, Will, Max, we've, you'll, ServusTV, ExpressVPN, It's, Hulu's, it's Organizations: Business, Sprint, Red Bulls, China, RTL2, AWST, ESPN, Hulu's, Disney, Hulu, Disney Plus, Sky Sports, Sky, Premier League Locations: Shanghai, Miami, China, Japan, ORF1, Austria, Belgium, Luxembourg, TV's

☆ Legendary Formula 1 driver Michael Schumacher’s watch collection is going on sale
▼ + stars: | 2024-04-19 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —Eight of Formula One legend Michael Schumacher’s luxury and personalized watches are going up for auction – and they could sell for more than $4.8 million in total. The Rolex stainless steel Paul Newman Daytona watch was named after the Daytona International Speedway in Florida, according to auction house Christie's head of Watches Remi Guillemin. Christie's Images LTD. 2024The collection will form part of Christie’s traditional rare watches auction, consisting of vintage and modern pieces of high-caliber watchmaking from brands such as Audemars Piguet, F.P. Christie's Images LTD. 2024The platinum Vagabondage 1 watch was also a gift from Todt, but for the following Christmas. “These watches (are) for people who are following Formula One, who have followed, like I have, Michael Schumacher when he was racing.

Persons: Michael Schumacher’s, ”, Remi Guillemin, “ We’re, Paul Newman Daytona, Journe, Paul Newman, Guillemin, Jean Todt, chronograph, Schumacher, Christie’s, Michael Schumacher, Todt, Ferrari, ” Guillemin, Corinna, Michael Organizations: CNN, Miami Grand Prix, Daytona, Rolex, Paris Brain Institute, Foundation, Netflix Locations: New York, Geneva, Switzerland, Florida

☆ ‘Drive to Survive’ or Ride to Thrive? MotoGP looks to break out of F1’s shadow after $4.2 billion deal
▼ + stars: | 2024-04-17 | by ( Jonathan Hawkins | ) edition.cnn.com time to read: +9 min

One thing that MotoGP has in its favor is its frequently raucous unpredictability, a far cry from the sometimes-processional nature of F1. Reigning double world champion Pecco Bagnaia agreed. What that documentary series delivered in spades was human drama, making household names out of F1’s competitors and their teams. Mirco Lazzari gp/Getty ImagesThree-time MotoGP world champion Wayne Rainey now runs the MotoAmerica series, which nurtures US motorcycle track talent, as well as King of the Baggers. We need entertainment, and now Baggers are here at MotoGP, strictly to help build the crowd, build the excitement, and in the end it’s about entertainment.”Wayne Rainey is a three-time MotoGP world champion.

Persons: COTA, ” Carlos Ezpeleta, Pecco Bagnaia, “, ”, Dan Rossomondo, doesn’t, Rossomondo, ’, ’ ”, Marc Marquez, ” Marquez, Valentino, Rossi, Dani, Pedrosa, Jorge, Lorenzo, Casey, Stoner, Roland Sands, Jonathan Hawkins, Harley Davidson, Sands, “ You’ve, who’s, ” Sands, Viñales, ” Rossomondo, Lionel Messi, Valentino Rossi, Mirco Lazzari, Wayne Rainey, King, Wayne, Rainey, ” Wayne Rainey, Natalie Cardenas, Christopher, Silas, Jack, “ We’ve, Natalie, ” Christopher, Maverick Viñales, Pedro Acosta’s, Bastianini, you’ve, it’s Organizations: Texas CNN, Formula, Liberty Media, MotoGP, Liberty, CNN, One, Premier League, “, Sprint, CNN Sport, Ducati, Maverick, Aprilia, MotoGP’s Locations: Austin, Texas, Austin , Texas, Americas, California, America, Italian, States, Spain, COTA

☆ A deposition Elon Musk fought to keep confidential was released. Read the most interesting quotes.
▼ + stars: | 2024-04-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +8 min

Elon Musk's deposition from a lawsuit alleging he falsely boosted a conspiracy theory was released. In the deposition, Musk said he might have financially impaired X more than helping it. AdvertisementA deposition that Elon Musk's lawyer fought to keep from the public eye was released on Monday. AdvertisementMusk said during his deposition that he'd used the alternate account for testing, but it was no longer in use. "I briefly used this as a test account," Musk said.

Persons: Elon, HuffPost, Musk, —, Elon Musk's, Ben Brody, Brody, Musk's, Bankston, Walter Isaacson's, Isaacson, he'd, Grimes, Elon Musk, CHANDAN KHANNA, X, — Elon, who'd, Alex Spiro Organizations: Service, Nazi, Rose City Nationalists, Fidelity, SpaceX, Circuit, Sun Locations: Americas, Austin , Texas

☆ Max Verstappen: ‘No one is going to catch’ Red Bull driver, says Mercedes boss Toto Wolff
▼ + stars: | 2024-04-08 | by ( George Ramsay | ) edition.cnn.com time to read: +1 min

CNN —Just four races into the Formula One season, Mercedes boss Toto Wolff believes the title is Max Verstappen’s to lose after another dominant win for the Red Bull driver. At the Japanese Grand Prix on Sunday, three-time world champion Verstappen finished 13 seconds ahead of teammate Sergio Pérez, who was eight seconds ahead of Ferrari’s Carlos Sainz in third. Last month, Sainz won the Australian Grand Prix when Verstappen was forced to retire from the race. This is what it is this year.”Toto Wolff was left lamenting Mercedes' slow start to the season after the Japanese Grand Prix. That leaves Mercedes fourth in the constructor standings behind McLaren, Ferrari, and back-to-back champion Red Bull.

Persons: Mercedes, Toto Wolff, Max Verstappen’s, Verstappen, Sergio Pérez, Ferrari’s Carlos Sainz, Verstappen’s, Sainz, Max, ” Wolff, McLaren, Ferraris, ” Toto Wolff, Clive Mason, Wolff’s Mercedes, George Russell, Lewis Hamilton, Red Bull, ”, Wolff, “ Organizations: CNN, Formula, Red Bull, Suzuka, Reuters, P2, Prix, Mercedes, McLaren, Ferrari, Shanghai, Circuit Locations: Pérez

As detailed in our season-long free F1 live stream guide, we can help you watch every race this season via similar options to today's race. How to watch free Japan F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 Japan live stream in the USESPN covers Formula 1 racing throughout the season. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluHow to watch Japan F1 live stream in the UKWant a free option?

Persons: Red Bull, Perez, Norris, we've, you'll, ORF1, ExpressVPN, It's, Hulu's, it's Organizations: Business, Japan, RTL2, AWST, ESPN, Disney, Hulu, Disney Plus, Sky Sports, Sky, Premier League Locations: Japan, Australia, ORF1, Austria, Belgium, Luxembourg, TV's

☆ Loads of analysts just hiked price targets for these 6 stocks — giving one 82% upside
▼ + stars: | 2024-04-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Analysts have become more bullish on six stocks from around the world this week, raising their price targets. The price target changes come ahead of the next earnings season covering the first quarter of this year. CNBC Pro screened for global stocks that have received price target upgrades from five or more analysts in the past seven days and have a potential upside of over 25%. MacroGenics Investment banks raised their price target for the biopharmaceutical firm MacroGenics this week, giving the stock upside potential of 83% over the next 12 months. Tuerkcan — one of the most cautious analysts on the stock — has a price target of $22, pointing to upside of 22% for the stock.

Persons: MacroGenics —, Silvan Tuerkcan, Peter Heckmann, DA Davidson, Jared Issacman's, Dan Dolev Organizations: Formula One, Hyundai Motor, CNBC Pro, Leerlink Partners, FactSet, Investment, DA, Visa, MasterCard, U.S, Mizuho Securities, Mar Locations: Korean, Rockville , Maryland, MacroGenics, York

☆ Buy the Atlanta Braves tracking stock since it will likely be bought by a billionaire, analyst says
▼ + stars: | 2024-04-02 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Analyst Barton Crockett hiked his price target on Atlanta Braves Holdings by more than 10% to $53 per share, saying in a note to clients Tuesday that the team could soon become a buyout target. "We assume that the Braves are likely to be taken private by a billionaire once properly tax-seasoned. Shares of Atlanta Braves Holdings closed at $38.79 per share on Monday, more than 36% below the Rosenblatt price target. BATRK YTD mountain The tracking stock for the Atlanta Braves has struggled in 2024. Atlanta Braves Holdings includes not only the baseball franchise but also some real estate development around the team's baseball stadium in suburban Atlanta.

Persons: Barton Crockett, John Malone, Crockett, Rosenblatt, Carlyle, David Rubenstein, Matt Ishbia Organizations: Rosenblatt Securities, Atlanta Braves Holdings, Liberty Media, Sirius XM, Braves, Sports, National League East, Baseball, Atlanta Braves, Carlyle Group, Baltimore Orioles, Phoenix Suns Locations: U.S, Atlanta

☆ F1's net-zero pledges are colliding with its ambitions to go truly global
▼ + stars: | 2024-04-01 | by ( Chris Hawes | ) www.cnbc.com time to read: +7 min

Oscar Piastri of McLaren during the Formula 1 Saudi Arabian Grand Prix at Jeddah Corniche Circuit in Jeddah, Saudi Arabia on March 9, 2024. But with the Japanese Grand Prix this coming weekend, F1's beleaguered boss Stefano Domenicali will finally be able to provide a rebuttal. F1's growing ambitions in the Middle East and the U.S. have at times transcended the sport. Las Vegas airports dealt with 400 private jets arriving for the Grand Prix, while Singapore saw a 63% increase in September flight arrivals compared to the previous year when its Grand Prix was pushed into October. Third placed Carlos Sainz of Spain and Ferrari celebrates on the podium during the F1 Grand Prix of Italy at Autodromo Nazionale Monza on September 03, 2023 in Monza, Italy.

Persons: Oscar Piastri, Stefano Domenicali, Alexander De Croo, Domenicali, Clive Mason, Stephane Bazire, Bazire, I've, Stefano, Colin Syn, We've, Francois Dumontier, Madeleine Orr, Paul Fowler, Carlos Sainz of, Dan Istitene Organizations: McLaren, Formula, Saudi, Jeddah Corniche, Nurphoto, Getty, United Arab, U.S, Belgian, Formula One, of Australia, Albert, Circuit, F1, Silverstone, CNBC, Las, Prix, Singapore, Singapore Grand Prix, Canadian, Italy's Emilia, Grand Prix, Williams, DHL, Ferrari, of, Autodromo Nazionale Monza Locations: Jeddah, Jeddah Corniche Circuit, Saudi Arabia, Belgium, Monza, Italy, Monaco, United Arab Emirates, Europe, America, Las Vegas, Singapore, Japan, Miami, Grand, Canada, Australia, Carlos Sainz of Spain

☆ Japan’s Indy 200: Remembering the first time IndyCars raced at Fuji Speedway
▼ + stars: | 2024-03-28 | by ( Emiko Jozuka For Cnn | ) edition.cnn.com time to read: +10 min

She is the daughter of the Japanese photographer Joe Honda. Joe Honda ArchiveCommercial opportunityIn the 1960s, Japan was emerging as an advanced and high-tech nation following its defeat in WWII. “The groundwork for the Indy 200 was already laid by then, and the Japanese were ready and willing to pay for racing,” he said. Rare intimacyFive months before the Indy 200, Clark had been invited to test-drive the Fuji road course. Joe Honda ArchiveCultural shiftsIn 1966, no Japanese drivers or cars participated in the exhibition Indy 200 race.

Persons: Joe Honda, Japan CNN —, Jim Clark, Honda, Jackie Stewart, Chris Amon, Akira Jin –, –, Shingo Shiozawa, Riki Ohkubo, ”, —, ” Jackie Stewart, Nissan Sunny, Jack K, Yamaguchi, Jin –, Japan –, Shiozawa, Jack Brabham, Clark, Graham Hill, Ohkubo, Honda’s, Colin Chapman, “, ‘, ’ ”, Donald Capps Organizations: CNN, Japan CNN, Jim Clark Motorsport Museum, Indianapolis, IndyCar, Fuji International, Honda, Boys, Indy, Fuji, Japan, Nissan, Prix, Suzuka, Formula, Fuji International Speedway, Bolshoi Ballet, Leningrad Philharmonic, United States Auto, Triple Crown, Motorsport, Monaco, Nippon Auto Club, Speedway, Automotive Society of Historians Locations: Tokyo, Japan, Fuji, Scotland, New Zealand, American, Asia, America, Mie, Indianapolis

☆ Penthouse to prison: Sam Bankman-Fried's journey from crypto king to convicted conman
▼ + stars: | 2024-03-27 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

Bankman-Fried, the founder and former CEO of failed crypto exchange FTX, will head on Thursday to a federal court in downtown Manhattan, where U.S. District Judge Lewis Kaplan will deliver his sentencing. After a month of personally dabbling in the market, Bankman-Fried launched Alameda Research, named after the California county that housed his first office. The so-called crypto winter of 2022 wiped out hedge funds and lenders across the crypto universe. May of 2022 brought the crash of stablecoin Luna, creating a domino effect that sent crypto prices plunging, devastating other lenders. On Nov. 2, 2022, crypto trade site CoinDesk publicized details of Alameda's balance sheet, which showed $14.6 billion in assets.

Persons: Samuel Bankman, MacKenzie Sigalos, Sam Bankman, Fried, Damian Williams, District Judge Lewis Kaplan, they'd, FTX, Amr Alfiky, Jane Street, Goldman Sachs, stablecoin Luna, Solana, Changpeng Zhao, Binance, Zhao, Jane Rosenberg, he'd, Cromwell, John J, Ray, confidants, — CNBC's Rohan Goswami Organizations: CNBC, Metropolitan Detention, U.S, District, Prosecutors, Reuters, Jane, Alameda Research, Formula, Democratic, Voyager, Alameda, FTX, Industry, Investors, Enron, Securities and Exchange Commission, Stanford University Locations: San Francisco, he's, Brooklyn, Manhattan, U.S, New York City, South Korea, Alameda, California, Miami, Washington, Solana, FTX, New York, Palo Alto , California

As detailed in our season-long free F1 live stream guide, we can help you watch every race this season via similar options to today's race. How to watch free Australia F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 Australia live stream in the USESPN covers Formula 1 racing throughout the season. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluHow to watch Australia F1 live stream in the UKWant a free option?

Persons: We're, you've, you'll, Servus, ExpressVPN, It's, Hulu's, it's Organizations: Business, Australia, RTL2, AWST, ESPN, Disney, Hulu, Disney Plus, Sky Sports, Sky, Premier League Locations: Australia, ORF1, Austria, Belgium, Luxembourg, TV's

☆ VistaJet, a private jet charter firm used by F1 drivers and popstars, launched a wellness program. See how the elite fly on its $75 million Global 7500.
▼ + stars: | 2024-03-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Read previewVistaJet, arguably the most famous private jet charter company, is launching a new wellness program. Business Insider attended a media event and toured its largest airplane, learning how VistaJet helps wealthy passengers fly in luxury. This story is available exclusively to Business Insider subscribers. During The Eras Tour, Swift also seemingly flew on one of VistaJet's Global 7500s — the model on display at the media event. The Global 7500 is the largest purpose-built business jet on the market.

Persons: —, VistaJet, Charles Leclerc, Taylor Swift, Swift, Flightradar24 Organizations: Service, Business, Formula, Ferrari, VistaJet, Super, Bombardier Locations: Tokyo, California

AUSTIN, Texas (AP) — Five races into NASCAR's 2024 season and Ford is in a funk. A Ford win in Austin would seem like a long shot in NASCAR's fourth run on a track built for Formula One. Photos You Should See View All 60 ImagesAnd while it’s still early, Ford drivers make up just three of the 16 available Cup playoff spots. Ford drivers point to some solid statistics, even if the major results are lacking. NASCAR vs F1The Circuit of the Americas is the only track used by NASCAR and F1, but the two racing series have vastly different styles.

Persons: Ryan Blaney, “, Tyler Reddick, Shane van Gisbergen, Chase Elliott, it’s, Blaney, haven’t, ”, Chris Buescher, We’ve, we’ve, ” Buescher, Chase Briscoe, Stewart, Haas, we've, ” Briscoe, Briscoe, Ford, van Gisbergen, It’s, Reddick, COTA, there's, I've, ” Reddick, they’ve, FanDuel Organizations: Ford, NASCAR, Circuit, Formula One, Toyota, RFK Racing, Haas Racing, Fords, Blaney's, COTA Locations: AUSTIN, Texas, Atlanta, Austin, Victory, Americas

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