DIRS.INFO The most relevant business & tech news

☆ Chinese Grand Prix could deliver drama to F1 and slow Verstappen’s victory march
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: +5 min

Max Verstappen of the Netherlands and Oracle Red Bull Racing reacts during previews ahead of the F1 Grand Prix of China at Shanghai International Circuit on April 18, 2024 in Shanghai, China. Edmund So | Getty ImagesThe Chinese Grand Prix could deliver some much-needed drama to Formula 1, and Red Bull's Max Verstappen can't be penciled in as the almost-certain winner on Sunday. It's also the season's first GP with a sprint race, which means Friday's practice session was the only one of the weekend. This is the first F1 race in China in five years, scratched from the calendar by the COVID-19 pandemic. Horner accepted the concern but noted the Shanghai circuit is a known quantity, hosting races since 2004.

Persons: Max Verstappen, Edmund So, It's, Lando Norris, McLaren, Verstappen, Christian Horner, Clive Mason, Mercedes, Lewis Hamilton, Friday's, Lance, Aston Martin, Oscar Piastri, McClaren, Sergio Perez, Haas, — Nico Hulkenberg, Kevin Magnussen, China's, Zhou Guanyu, Charles Leclerc, Bull, Leclerc, Carlos Sainz, Andrea Stella said, Horner, Lando Norris of Great, Qian Jun, Norris, Fernando Alonso, Sainz, Perez, Mark Thompson Organizations: Oracle Red Bull, of China, Shanghai, Circuit, Bull, Getty, Pirelli, Sauber, Ferrari, McLaren, McLaren F1 Team, Sprint, Bahrain, Hamilton, Oracle Red Bull Racing Locations: Netherlands, Shanghai, China, Australia, Lando Norris of Great Britain, parc feme, Bahrain

☆ 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

☆ What Lewis Hamilton learned about retirement from Michael Jordan and Serena Williams
▼ + stars: | 2024-04-03 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Formula 1 superstar Lewis Hamilton is determined to be prepared for life after the cockpit. In an interview with GQ Magazine published this week, the 39-year-old said he has spoken to athletes ranging from Serena Williams to Michael Jordan about how they approached the ends of their careers. 'My whole world came crashing down because my whole life has been about that sport,'" he told the magazine. Hamilton said he's learned that preparation, or the lack thereof, is a major factor in how an athlete's retirement goes. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Lewis Hamilton, Serena Williams, Michael Jordan, Hamilton, he's, Brad Pitt, Joseph Kosinski, you'll Organizations: GQ, CNBC, Ferrari

☆ Australian Grand Prix: Carlos Sainz wins as Max Verstappen retires from race
▼ + stars: | 2024-03-24 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Carlos Sainz claimed an impressive victory at the Australian Grand Prix on Sunday, breaking Max Verstappen’s dominant grip over this F1 season as the Red Bull driver was forced to retire from the race. The Spaniard began the race second on the grid, behind pole-sitter Verstappen, and stuck close to the three-time world champion before easily overtaking him on the second lap to take the lead. For just the first time in two years, he retired from a Grand Prix, citing brake failure. Of course you always want to finish the races but it’s a mechanical sport,” Verstappen said following his first retirement since the 2022 Australian Grand Prix. Mechanics deal with the smoke coming out of Verstappen's car in the pit lane.

Persons: CNN — Carlos Sainz, Max, Red Bull, Oliver Bearman, Verstappen, ” Verstappen, Scott Barbour, Charles Leclerc, “, ” Sainz, Charles, ” Lando Norris, McLaren, Oscar Piastri, Sergio Pérez, Lewis Hamilton, George Russell Organizations: CNN, Prix, Saudi, Spaniard, Getty, Sky Sports Locations: Red

☆ Max Verstappen jokes about ‘88 missed podiums’ after earning landmark 100th top three finish with victory at Saudi Arabian GP
▼ + stars: | 2024-03-10 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

“It’s 88 missed podiums!” he joked when asked by a reporter about his record in 188 career races, though this was only Verstappen’s 187th. On Friday, Red Bull suspended the female employee who accused F1 team principal Christian Horner of inappropriate behavior, according to multiple reports. Red Bull launched an independent investigation in February after Horner was accused of engaging in inappropriate behavior towards a member of the racing team, who has not been identified. CNN has been unable to corroborate their authenticity and Red Bull said it would be “inappropriate” to comment on the matter. Christian Horner and Red Bull have faced controversy to start the season.

Persons: Max Verstappen, he’s, “, I’m, Sergio Pérez, Ferrari’s Charles Leclerc, Verstappen, Red Bull, Christian Horner, Horner, Clive Rose, Oliver Bearman, Carlos Sainz, Fernando, Alonso, George, Russell, Oscar Piastri, Fernando Alonso, Aston Martin, George Russell, Piastri’s, Lando Norris, Lewis Hamilton, Haas, Niko Hulkenberg Organizations: CNN, Saudi, Verstappen, Pérez, Prix, Ferrari, Mercedes Locations: Jeddah, P6

☆ Sorry, boys — F1 is for the girls now
▼ + stars: | 2024-03-02 | by ( Maria Noyen | ) www.businessinsider.com time to read: +13 min

There's been one female team principal, and only two female drivers have officially qualified for a race in the sport's history. In 1975, Lella Lombardi, nicknamed the "F1 Female Trailblazer," became the first and only woman to score points in a Grand Prix. In November 2022, F1 Group CEO Stefano Domenicali said that about 40% of F1 fans were female, an 8% increase from 2017. Advertisement'If a girl gets something wrong, they know absolutely nothing'The new wave of F1 fans hasn't always met with open arms. Courtesy of Neha SridharLike Jung, Sridhar runs an F1 TikTok account, though hers leans toward the tech side of things.

Persons: —, Bella Jung didn't, He's, Jung, Jung didn't, Bella Jung, Statista, Carlos Sainz, Kym Illman, Lissie Mackintosh, Toni Cowan, Brown, There's, Lella Lombardi, Ronald Dumont, Stefano Domenicali, McLaren's Lando Norris, hasn't, Lewis Hamilton, Neha Sridhar, Sridhar, Charles Leclerc, aren't, Irene Su, Su, who's, Su's, Taylor Swift, George Russell, Gongora, NurPhoto, fandoms, Hamilton, Mercedes, Ferarri, Zayn Malik, they're, it'll, Susie Wolff, Toto Wolff, she's, she'd, It's Organizations: Service, Oracle, Business, NASCAR, Netflix, Las Vegas, Twitter, Prix, Drivers, ESPN, Austrian, Guardian, Tech, NFL, Getty, F1 Academy Locations: Bahrain

☆ Bahrain Grand Prix: Max Verstappen wins and lays down marker in opening race of the season
▼ + stars: | 2024-03-02 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —Max Verstappen coasted to victory in the Bahrain Grand Prix on Saturday, laying down an ominous marker for the rest of the field in the opening race of this F1 season. Clive Mason/Getty ImagesWhile that overshadowed Red Bull’s race weekend, it did not seem to affect the team’s performance on the track as Sergio Perez completed yet another 1-2 – a repeat result of last season’s opening race. “Unbelievable, I think today went even better than expected,” Verstappen told Sky Sports after the race. Video Ad Feedback Verstappen cruises to opening win in Bahrain 02:24 - Source: CNN“It was a lot of fun and I felt really good in the car. The F1 season continues next weekend and remains in the Middle East with the Saudi Arabian Grand Prix in Jeddah.

Persons: Max Verstappen coasted, Christian Horner, Horner, Geri Halliwell, Clive Mason, Red, Sergio Perez, Ferrari’s Carlos Sainz, Red Bull, ” Verstappen, it’s, Charles Leclerc, Perez, Max Verstappen, David Davies, Mercedes ’ George Russell, Sainz, Leclerc, Russell, Ferraris, Lewis Hamilton Organizations: CNN, Prix, Spice, Red, Sky Sports, Saudi Locations: Bahrain, Jeddah

☆ 2024 Formula One season: How to watch the Bahrain Grand Prix and the biggest storylines to look out for this year
▼ + stars: | 2024-02-29 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +11 min

The 2024 campaign will be the longest F1 season in history, featuring 24 race weekends. How to watch the season opener in BahrainThe 2024 season starts with the Bahrain Grand Prix after three days of testing in the Middle Eastern nation last week. Red Bull’s 2023 F1 season was the most dominant of all time. He was eventually cleared of any wrongdoing by the investigation, the team’s parent company, Red Bull GMBH, announced on Wednesday. Albon has bounced back from a disappointing spell at Red Bull in 2020 and is now a highly-sought after driver.

Persons: Max Verstappen, Lewis Hamilton’s, Hamilton, “ It’s, ” Hamilton, Mercedes, Will Buxton, Carlos Sainz, “, Hamad I Mohammed, Bull, Red Bull, Mercedes ’, George Russell, Verstappen, Max, hasn’t, he’s, Lawrence Barretto, ” Verstappen, Clive Rose, we’ve, Christian Horner, Horner, “ I’m, ” Horner, Ferrari, Russell, Charles Leclerc, Alex Albon, Williams, Lando Norris, Oscar Piastri, Fernando Alonso, Aston Martin, Kimi Antonelli, Sainz, Carla Carniel, Sergio Pérez, Daniel Ricciardo –, Red Bull’s, –, Aston, Haas, Albon, James Vowles, Mark Thompson, McLaren, Piastri, Norris, Dan Istitene, Alonso, Lance, Lawrence, Patrick Mahomes, Travis Kelce –, Pierre Gasly, Esteban Ocon Organizations: CNN, Bahrain, Circuit, Red Bull Racing, Prix, ESPN, Qualifying, Saudi, Mercedes, Ferrari, PETRONAS F1 Team, Scuderia Ferrari, Arrows, Reuters, Constructors, CNN Sport, Red Bull GMBH, Sky Sports, “, McLaren, Silver Arrows, Bulls, Sauber, Team, Red Bull, Getty, Aston Martin’s, Kansas City Chiefs Locations: Bahrain, British, Jeddah, Saudi Arabia, Abu Dhabi, Red, Aston Martin, Thai, –

☆ The NFL is gearing up to change team ownership rules in what could be a massive win for Wall Street
▼ + stars: | 2024-02-29 | by ( Tiara White | ) www.businessinsider.com time to read: +9 min

Team owners will meet at the annual league meeting in March to discuss private equity. The investment ownership model is favored in the NBA, MLB and NHL— but not in the NFL. So, what will a rule change mean for institutional investors and their Wall Street brokers, as well as owners and sports fans? Experts also think NFL team owners' "wealth would increase drastically," said Rotthoff— due to the considerable profits they've already made from team valuations in the past decade. Wall Street investment banks could also benefit in their role as advisors to wealthy investors and sports teams, including helping to connect buyers with sellers.

Persons: —, Josh Harris, Mark Patricof, Carrie Potter, Mellody Hobson, Condoleezza Rice, Sir Lewis Hamilton, Kurt Rotthoff, Dwayne Wade, Venus Williams, Eric Thomas, Gil Fried, Rotthoff, Rob Gronkowski, Spencer Platt, Goldman Sachs, Thomson, Taylor Swift, Jamie Squire, Potter, Fried Organizations: NBA, MLB, NHL, NFL, Service, Silicon, Forbes, The, Patricof, Rice, Denver Broncos, Seton Hall, Wall, Kansas City Chiefs, West, Sport Finance, Sports, Group, Wall Street, Chiefs, Dolphins, Getty Locations: The Washington, Crestview, United States, Orlando , Florida, West Florida

MARANELLO, Italy (AP) — Lewis Hamilton's arrival will present “a huge opportunity” for Ferrari next year but signing the seven-time Formula One champion involved some uncomfortable phone calls, team principal Fred Vasseur said Tuesday. Hamilton is joining Ferrari for next season after driving for Mercedes since 2013. He will team up with Charles Leclerc at the Italian team after Carlos Sainz Jr. leaves. One of the most difficult was the one with Toto," Vasseur said. Ferrari struggled for much of the season but was the only other team to take a race victory as Sainz won the Singapore Grand Prix.

Persons: — Lewis Hamilton's, Fred Vasseur, Hamilton, Charles Leclerc, Carlos Sainz Jr, “, ”, Vasseur, Hamilton —, Sainz, Toto Wolff, Toto, “ I’m, Carlos, ” Leclerc, “ We’ve, Lewis, Ferrari, Leclerc, Red Bull, Max Verstappen Organizations: Ferrari, Mercedes, McLaren, Red, Singapore, Prix Locations: MARANELLO, Italy, British, Hamilton

☆ Formula One: Inside the ‘incredible’ world of a grid walk
▼ + stars: | 2024-02-06 | by ( Ben Church | ) edition.cnn.com time to read: +7 min

CNN —There is arguably nothing more glamorous, and chaotic, in sport than an F1 grid just moments before a race. And while stepping onto an F1 grid remains an unfulfilled dream in the lives of many motorsport fanatics around the world, for Jodie Porter, it’s simply a part of the day job. It’s the best of the sport that you can experience,” Porter tells CNN Sport. Please don’t get run over.’”Mixing with the starsMany fans around the world only get to experience the grid through the eyes of one particular journalist: Martin Brundle. As they approached the grid, Porter says a security guard stopped the Australian singer from entering because her open-toe sandals were not permitted on the track.

Persons: Jodie Porter, it’s, –, Porter, Kylie Minogue, Terry Crews –, ” Porter, It’s, celebs, dripped, David Beckham, Clive Mason, you’ve, I’m, Martin Brundle, Paolo Banchero, Patrick Mahomes, Megan Thee Stallion’s, “, “ Martin, Terry Crews, Minogue, Lewis, ” Organizations: CNN, Social, Red, Hospitality, CNN Sport, Red Bull, Prix, Qatar, Getty, Sports, NFL, Ferrari, Las Locations: Las Vegas, Vegas, Monaco, Sin City

☆ Lewis Hamilton says he’s fulfilling ‘childhood dream’ by joining Ferrari
▼ + stars: | 2024-02-03 | by ( Patrick Sung | ) edition.cnn.com time to read: +3 min

CNN —Seven-time Formula One world champion Lewis Hamilton said that he’s fulfilling a “childhood dream” by joining Ferrari in 2025 in his first social media post since his sensational move away from Mercedes was announced on Thursday. “It’s been a crazy few days which have been filled with a whole range of emotions. But as you all now know, after an incredible 11 years at Mercedes-AMG PETRONAS F1 Team, the time has come for me to start a new chapter in my life and I will be joining Scuderia Ferrari in 2025,” Hamilton said on his social media channels on Saturday. “I feel incredibly fortunate, after achieving things with Mercedes that I could only have dreamed of as a kid, that I now have the chance to fulfil another childhood dream. The 39-year-old Hamilton, who shares the record for the most F1 world titles with Michael Schumacher, joined Mercedes in 2013 after beginning his career with McLaren in 2007.

Persons: Lewis Hamilton, Mercedes, “ It’s, ” Hamilton, “, Carlos Sainz, Will Buxton, Hamilton, Michael Schumacher, Ferrari, ”, “ Mercedes, we’ve, I’m, Toto, Wolff, Niki, Lauda, Francois Nel, ” Hamilton’s, George Russell Organizations: CNN, Ferrari, Mercedes, PETRONAS F1 Team, Scuderia Ferrari, Sky Sports, McLaren, Arrows, Scuderia Locations: Spanish, British

☆ The super-rich are buying more ultra-customized Rolls-Royces and Lamborghinis
▼ + stars: | 2024-02-03 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +10 min

Lamborghini sold more than 10,000 vehicles last year for the first time ever and Ferrari had a more than 17% increase in revenue. But customers purchasing Lamborghinis, Rolls-Royces and Bentleys have an even wider array of infinitely customizable paint colors and interior materials, to start with, than carmakers offer for less expensive brands. If the customer has a favorite shirt, for example, the car paint could be matched to the fabric color. At Dixon’s Rolls-Royce dealership three quarters of the roughly 90 cars sold each year include some degree of custom options, she said. While she and Rolls-Royce’s design team can provide guidance, in the end, the choices have to be the customer’s.

Persons: Royce, Ferrari, Lamborghini, Bentley, ”, Stephan Winkelmann, Lewis Hamilton, Altrata, Royce Cullinan, Javier Gonzalez Lastra, “, ” Gonzalez Lastra, Pietro Frigerio, Kellyn Dixon, Dixon, Bugatti Chiron, Bugatti, Chiron, Lamborghini’s Winkelmann Organizations: California CNN, Lamborghini, Ferrari, Bentley, Royce, CNN, Ferrari’s, Tema, Volkswagen, Ford, Art Basel Miami Beach, Rolls Royce, Bugatti, Bugatti Bugatti Locations: Irvine, California, Newport Beach , California, Irvine , California, Goodwood

Lewis Hamilton surprised Mercedes team principal Toto Wolff when he broke the news over breakfast that he was leaving the F1 team for Ferrari but there is “no grudge” between them, Wolff said Friday. Hamilton is leaving Mercedes at the end of the upcoming season to join Ferrari for 2025 in a move announced Thursday. Hamilton has raced for Mercedes since 2013 and won six of his seven titles with the team. Wolff said he has no concerns about involving Hamilton with Mercedes’ car development, even with Hamilton due to join a rival. In more recent times, Mercedes has also been a key supporter of Hamilton's efforts to improve diversity in F1.

Persons: Lewis Hamilton, Mercedes, Toto Wolff, Wolff, Hamilton, “, I've, ” Wolff, Hamilton’s, Peter Bonnington, ‘ Bono ’, George Russell, Mercedes ’, Nico Rosberg, we’ve, Nico, ”, ” Hamilton, —, Ferrari —, Lewis Organizations: Ferrari, Mercedes, Hamilton, McLaren Locations: Oxford, England, Abu Dhabi, Sao Paulo

☆ Lewis' decision to leave Mercedes for Ferrari didn't come out of nowhere, says Mercedes' Wolff
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLewis' decision to leave Mercedes for Ferrari didn't come out of nowhere, says Mercedes' WolffToto Wolff, Mercedes-AMG Petrona F1 Team Principal and CEO, joins 'Squawk on the Street' to discuss Lewis Hamilton's upcoming departure from Mercedes, what it'll mean for the current season, and how the CEO manages the business.

Persons: Lewis, Mercedes, Ferrari didn't, Wolff Toto Wolff Organizations: Mercedes

☆ Lewis Hamilton’s move to Ferrari from Mercedes is a gamble but it could be a masterstroke
▼ + stars: | 2024-02-02 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +7 min

For Mercedes, it is a devastating loss, unable to retain a generational talent and the face of its entire motorsport brand. He has been so successful with Mercedes that it’s almost hard to imagine the 39-year-old Briton racing for any other team. Hamilton holds the all-time record for F1 wins (103), achieving 82 of those with Mercedes and 21 with McLaren. It also reunites him with Ferrari team principal Fred Vasseur, who Hamilton raced for at junior level. Last season, a Mercedes driver failed to win a race across a whole season for the first time since 2011.

Persons: CNN —, Lewis Hamilton, Carlos Sainz, Will Buxton, Hamilton, “, ” Hamilton, ” Ferrari, ”, Red, Bryn Lennon, it’s, Mercedes, McLaren, McLaren –, –, Clive Mason, Ferrari, Fernando Alonso, Sebastian Vettel, Red Bull, Max Verstappen, Charles Leclerc, Leclerc, Nico Rosberg, Leonhard Foeger, ” Phil Duncan, Juan Manuel Fangio, Jack Brabham, CNN’s Coy, Tom Brady’s, Tampa Bay Buccaneers “, Hamilton’s, Fred Vasseur, Aston Martin, John Thys, Toto Wolff, “ Lewis, Duncan Organizations: CNN, Mercedes, Ferrari, Arrows, Hamilton, Constructors, Scuderia, Reuters, CNN Sport, NFL, New England Patriots, Tampa Bay Buccaneers, Red, McLaren, Getty Locations: Hamilton, Bull’s, AFP, Austria

☆ ‘Massive for the sport’: Lewis Hamilton’s blockbuster move to Ferrari hailed as a major coup for F1
▼ + stars: | 2024-02-02 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Former Formula One drivers believe Lewis Hamilton's blockbuster move to one of the most iconic teams in motorsport represents a major coup for the auto racing league. Mercedes on Thursday confirmed that the seven-time world champion will join Ferrari in 2025 after activating a release option in his contract. An extraordinary run of success has since dried up, however, and Hamilton has not won a race since the Saudi Arabia Grand Prix in Dec. 2021. Ferrari , meanwhile, released a short statement saying the team was "pleased" to announce Hamilton would join on a multi-year contract. The news sent shockwaves through F1, with 2009 world champion Jenson Button saying he'd also been taken by surprise.

Persons: Lewis Hamilton of, Mercedes, Lewis, Toto Wolff, Hamilton, Ferrari, Jenson Button, he'd Organizations: Mercedes, Abu, Yas Marina Circuit, United, United Arab Emirates, Former Formula, Ferrari, Hamilton, Saudi Arabia, Prix Locations: Lewis Hamilton of Great Britain, Abu Dhabi, United Arab, Saudi

☆ Lewis Hamilton: Questions swirl as multiple reports say is poised to leave Mercedes for Ferrari in 2025 season
▼ + stars: | 2024-02-01 | by ( Jill Martin | ) edition.cnn.com time to read: +2 min

CNN —Rumors and speculation are swirling as multiple UK outlets and racing publications are reporting that seven-time Formula One champion Lewis Hamilton is poised to leave Mercedes and join Ferrari for the 2025 season. Nothing has been formally announced, and none of the parties will confirm a deal is in place. CNN has reached out to Mercedes and Ferrari, who both declined to comment. CNN has also reached out to representation for Hamilton. However, in a shock move first reported by Sky Sports and Spanish media, Hamilton is now expected to leave Mercedes a year early to join Charles Leclerc at Ferrari for 2025, replacing Carlos Sainz.

Persons: Lewis Hamilton, Phil Duncan, Michael Schumacher, Hamilton, Mercedes, Clive Mason, Charles Leclerc, Carlos Sainz, Leclerc, Sainz, “ Lewis Hamilton’s, he’s, ” Duncan, Amanda Davies, “, Ferrari –, that’s Organizations: CNN, Mercedes, Ferrari, Press Association, Hamilton, McLaren, Getty, Sky Sports, Formula Locations: London, British, Spanish

☆ Ferrari finishes a record year by topping Wall Street's estimates
▼ + stars: | 2024-02-01 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Luxury sports car manufacturer Ferrari topped Wall Street's top- and bottom-line earnings expectations for the fourth quarter to finish off a record year of profits. The automaker reported a net profit of 1.26 billion euros, or $1.36 billion, for 2023, including 294 million euros, or $317.9 million, during the fourth quarter. Its adjusted earnings before interest and taxes, or EBIT, was 1.62 billion euros, or $1.75 billion, for the year, including 372 million euros, or $402.3 million, in the last quarter. Ferrari's revenue last year increased 17% to 5.97 billion euros, or $6.46 billion, including an 11% increase in the fourth quarter from 1.37 billion euros a year earlier in 2022. Such records are expected to be short-lived, as Ferrari is forecasting to top many of those results in 2024.

Persons: Ferrari, Benedetto Vigna, Lewis Hamilton Organizations: Ferrari, New York Stock Exchange, LSEG

☆ Formula 1 star Lewis Hamilton to leave Mercedes and join Ferrari in shock move: Reports
▼ + stars: | 2024-02-01 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Lewis Hamilton of Mercedes ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates on November 26, 2023. Seven-time Formula 1 world champion Lewis Hamilton is on the cusp of a surprise move from Mercedes to Ferrari for the 2025 season, according to multiple media reports. Hamilton first signed with Mercedes in 2013 and went on to win six of his seven world titles with the team between 2014 and 2020. If Hamilton were to leave Mercedes for Ferrari, it is reported he would likely replace Ferrari's Carlos Sainz given that his teammate, Charles Leclerc, recently signed a fresh contract extension. The start of the next Formula 1 season gets underway in Bahrain from Feb. 29.

Persons: Lewis Hamilton, Mercedes, Hamilton, it's, Toto Wolff, Ferrari's Carlos Sainz, Charles Leclerc Organizations: Abu, Prix, Yas Marina Circuit, United, United Arab Emirates, Ferrari, Sky Sports, BBC Sport, ESPN, CNBC, Mercedes, Hamilton Locations: Abu Dhabi, United Arab, Bahrain

PARIS (AP) — Dior's menswear maestro Kim Jones transformed a sunny afternoon in Paris into a starlit evening of balletic grandeur at Paris Fashion Week, in a display of fashion theatrics. Inspired by the legendary ballet icons Margot Fonteyn and Rudolf Nureyev, Jones delivered an exuberant spectacle at the Ecole Militaire annex on Friday. Amid the haunting melodies of Sergei Prokofiev’s “Romeo and Juliet,” the collection intertwined Dior’s fine tailoring with a joyful explosion of theatrical glamour. JUNYA WATANABE’S THRIFT-SHOP CHICJunya Watanabe unveiled a collection that was a masterful blend of eerie mood-setting and aggressive urban fashion. The clothes featured a mix of traditional tailoring and streetwear elements, a nod to his 2001 debut when he first merged high fashion with everyday wear.

Persons: Kim Jones, Margot Fonteyn, Rudolf Nureyev, Jones, Sergei Prokofiev’s “ Romeo, Juliet, Lewis Hamilton, Bill Nighy, Kate Moss, Nicholas Hoult, Rita Ora, Princess Eugenie, Pharrell Williams, Nureyev, Junya Watanabe Organizations: PARIS, Fashion, Ecole, grays, of Dior Locations: Paris

☆ The best red carpet looks from the British Fashion Awards 2023
▼ + stars: | 2023-12-05 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —On Monday night, the British Fashion Council orchestrated its annual British Fashion Awards — a star-studded ceremony in London aimed at encouraging new, trailblazing designers, as well as honoring stalwarts of the industry. Across the red carpet, sequins, velvet and red tones conquered in what was a decidedly festive sartorial palette. Gareth Cattermole/Getty ImagesAnne Hathaway stunned onlookers in vintage Valentino. Gareth Cattermole/Getty ImagesRita Ora wore Primark, a nod to her latest collaboration with the high-street retailer. Gareth Cattermole/Getty ImagesPamela Anderson rocked the no makeup look once more, wearing a Gareth Cattermole/Getty Images Europe/Gareth Cattermole/Getty Images

Persons: Anne Hathaway, Gwnyeth Paltrow, Pamela Anderson, Taylor Russell, Paloma Elsesser, Kate Moss, Alexa Chung, Laura Whitmore, Sam Smith, Iris Law, Vivienne Westwood, Caroline Rush, Richard Quinn, Queen Elizabeth II, Neil Mockford, Loewe, Gareth Cattermole, Amal Clooney, Versace, Joe Maher, Dominic Lipinski, Lewis Hamilton, Wales Bonner, Getty, Michaela Coel, Suki Waterhouse, David Fielden, Valentino, Gwyneth Paltrow, Paltrow, Valentino Garavani, Giancarlo Giammetti, Gillian Anderson, Rita Ora, Isamaya Ffrench Organizations: CNN, British Fashion Council, Alexa, Getty Locations: London, British, LA, Europe

☆ Loewe designer Anderson and model Elsesser win at Fashion Awards
▼ + stars: | 2023-12-05 | by ( Hanna Rantala | ) www.reuters.com time to read: +1 min

LONDON, Dec 4 (Reuters) - Spanish luxury brand Loewe's creative director Jonathan Anderson won designer of the year at Britain's annual Fashion Awards on Monday, where industry leaders and young creative talent were honoured. Anderson, who founded the fashion label JW Anderson, arrived accompanied by actress Taylor Russell. Italian designer Valentino Garavani, known to the world simply as Valentino, was honoured with this year's outstanding achievement award. Stars attending the event also included actors Gwyneth Paltrow, Tessa Thompson and Pamela Anderson and model Kate Moss. The show is a fundraiser for the British Fashion Council (BFC) Foundation which focuses on supporting the growth and success of the UK's fashion industry.

Persons: Jonathan Anderson, Anne Hathaway, Lewis Hamilton, Amal Clooney, Anderson, JW Anderson, Taylor Russell, Valentino Garavani, Valentino, Paloma Elsesser, Edward Enninful, Maya Jama, Kojey, Sam Smith, Gwyneth Paltrow, Tessa Thompson, Pamela Anderson, Kate Moss, Hanna Rantala, Sonali Paul Organizations: London's Royal Albert Hall, British Vogue, British, Stars, British Fashion Council, BFC, Foundation, Thomson Locations: Italian

☆ Pack your jerseys. The era of 'sports tourism' is here
▼ + stars: | 2023-11-27 | by ( Randy Mulyanto | Marylou Costa | ) www.cnbc.com time to read: +6 min

Sports tourism, as it's called, is one of the fastest-growing sectors in the travel industry, according to the United Nations World Tourism Organization. "The sport tourism market will continue as long as new opportunities to play and compete exist," she said. Justin Setterfield | Getty Images Sport | Getty ImagesFor some countries, these events are an opportunity to raise their international standing. Patrick Smith | Getty Images Sport | Getty ImagesTravel + Leisure Co. and Sports Illustrated Resorts announced plans to open a network of sports-themed resorts in American college towns. Ryan Pierse | Getty Images Sport | Getty Images

Persons: Lisa Delpy Neirotti, George, Neirotti, Delpy, Justin Setterfield, Cristiano Ronaldo, Dustin Johnson, Saudi Crown Prince Mohammed bin Salman, Delpy Neirotti, Lewis Hamilton, Kym Illman, Jay Wardle, Narendra Modi, Robert Cianflone, Gianni Infantino, Major League Baseball —, Patrick Smith, GetYourGuide, Ryan Pierse Organizations: Summer, Games, Sports, United Nations World Tourism Organization, George Washington University's, Management, Sport, Padres, NFL, MLB, FIFA, Getty, CNBC Travel, Saudi Crown, Fox News, Adara, ICC Men's Cricket, The Bank of Baroda Economics Research, Narendra, MotoGP, Rugby, Las Vegas, Companies, Major League Baseball, Sports Illustrated Resorts, University of Alabama —, McLaren Technology, U.S ., CNBC, Olympic Games, Olympic Locations: Mexico City, Germany, London, Brisbane, Australia, Saudi Arabia, China, Qatar, Singapore, India, New Zealand, Indonesia, France, United States, Tuscaloosa , Alabama, U.S, New York

☆ Room for improvement for Red Bull? Rivals hope not
▼ + stars: | 2023-11-27 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

Red Bull will hope to defend their titles in 2024, when there will be a record 24 races, with an even better car. "This car is going to go down in the history books as a very, very special car," Horner said of the RB19. Sergio Perez was eclipsed by his team mate, with plenty of speculation about his Red Bull future earlier in the year, yet still finished overall runner-up. "There is a Mount Everest to climb in order to catch up with Red Bull," Mercedes team boss Toto Wolff told reporters on Sunday. Despite their dominance, Red Bull took 'only' 14 poles from 22 races.

Persons: Horner, Abu, Max Verstappen, Red Bull, It's, Mercedes, Sergio Perez, he'll, Toto Wolff, Lewis Hamilton, Bull, Stefano Domenicali, McLaren, Ferrari's Charles Leclerc, Verstappen, Domenicali, Alan Baldwin, Pritha Sarkar Organizations: Bull, Prix, Red, Sky Sports, Thomson Locations: Abu Dhabi, Singapore, Red

Search resuls for: "Lewis Hamilton"

25 mentions found