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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
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
The Dubai World Cup boasts $30.5 million in prizes, spread across nine races (including its namesake event, with an enormous $12 million purse), and attracts many of the world’s most elite equestrians. “This is a huge operation,” says John Nicholls, quarantine manager at Dubai Racing Club. “They get plenty of water, plenty of hay, and attention.”Emirates Skycargo has been transporting champion horses from across the world to the Dubai World Cup and Carnival races since 2002. Horses travel in air-conditioned stalls in the cargo bay of a plane, which can fit up to 25 stalls, with up to three horses in each. Horses walk to Meydan Racecourse from their quarantine stable for morning track work ahead of the Dubai World Cup.
Persons: CNN —, , John Nicholls, Nicholls, It’s, , Emirates Skycargo, Sheikh Mohammed bin Rashid Al Maktoum, Nadeem Sultan, Suné Schäffler, that’s, Emirates SkyCargo, Rebecca Cairns, David Robson, Toto Wong, Hong Kong’s, Wong, Schäffler, “ they’re Organizations: CNN, Dubai, Dubai Racing Club, Emirates, Boeing, Business Class, Emirates Equine, Hong Kong Jockey Club, Hong Kong Locations: Emirates, Dubai, , Equitrans, Al, Airport, city’s, Hong Kong
And if you don't have someone on board who can whip up a Michelin-star-worthy meal, you might as well stay on land. AdvertisementThe massage room aboard the Talisman C, a $60 million superyacht for sale at the Palm Beach show. The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. Pampering options, be it a massage room, manicure station, or a professional-grade facial machine, are a dime a dozen. Courtesy of Breed MediaAnd what good is a massage room if no one on board can give one?
Persons: , Ralph Dazert, Burgess, Anders Kurtén, Kurtén, Nero superyacht, Giovanna Vitelli, Champagne, Benetti's, Donald Trump, Trump, Vitelli, they're, It's, Jeff Bezos, Dazert, everything's, Nero, Jeffrey Beneville, Lana, Bill Gates Organizations: Service, Michelin, SuperYacht Times, Palm, Yachts, , Monaco Yacht Locations: Russian, superyachting
Why are bidets just now getting popular in America?
  + stars: | 2024-03-24 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +8 min
It took a toilet paper shortage for some to come around to the 18th-century invention. A common reason why bidets aren’t used in the US is that during World War 2, American soldiers saw brothels utilizing bidets. Big Toilet PaperWhen the great toilet paper shortage hit in 2020, many Americans realized there could be another way to clean themselves. Using toilet paper had seemed, somehow, American, with toilet paper jokes a staple in bathroom humor and “TP-ing” a stereotypical rite of passage for teens. With the toilet paper mania, she decided to kill two birds with one stone and splurge on a Tushy.
Persons: bidets, – washlets, , James Lin, Lin, Miki Agrawal, Toto, “ Gosh, ” Joe, aren’t, Elisabeth of Bavaria, Carl Knoll, Joe, Agrawal, can’t, ” Atieh, ” Derek Rucker, Rucker, Mikaela Koelzer, Koelzer, ” Koelzer, Organizations: New, New York CNN, CNN, Carl Knoll Porcelain, Kellogg School of Management Locations: New York, bidetking.com, American, Michigan, France, Europe, East, East Asia, Japan, United States, Carlsbad, Gmunden, Spain, Indian, Illinois, Jordan, Chicago
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
CNN —Mercedes team principal Toto Wolff has called for transparency around the investigation into allegations of misconduct leveled against Red Bull boss Christian Horner. An independent investigation was launched by Red Bull in February after Horner was accused of engaging in inappropriate behavior towards a member of the racing team. The Red Bull parent company in Austria has declined to comment on the investigation or provide a timeline for the outcome despite the season starting in Bahrain on March 2. At a press conference on Wednesday, Wolff was reportedly the only one out of five team principals who addressed the Horner investigation. Earlier this month, Dutch news outlet De Telegraaf reported that Horner had been accused of inappropriate behavior towards a member of Red Bull Racing, according to several unnamed sources.
Persons: CNN — Mercedes, Toto Wolff, Red, Christian Horner, Red Bull, Horner, Bull, ” Wolff, , ” Horner, Wolff, Bryn Lennon Organizations: CNN, Red Bull, One, Bull, CNN Sport, BBC, Red Locations: Austria, Bahrain
In this article 6758.T-JP Follow your favorite stocks CREATE FREE ACCOUNTSony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty ImagesSony is likely to release a refreshed version of the PlayStation 5 this year, analysts told CNBC, after the company cut its forecast for sales of its flagship console. When this has happened in past console cycles, gaming firms have looked to bring out a refreshed piece of hardware to reinviograte sales. For example, Sony launched a "Pro" version of the PlayStation 4, the previous generation console, around three years after the PS4 was initially launched. Analysts are now expecting a PlayStation 5 Pro from Sony.
Persons: Thiago Prudencio, Serkan Toto Organizations: Sony, Lightrocket, Getty, PlayStation, CNBC, Analysts, Kantan Games Locations: Tokyo
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
“Mar-Jac and its affiliates have a long and sordid history of willful disregard for worker safety,” the lawsuit reads. In July, Duvan became the third worker to die in less than three years at the Hattiesburg, Mississippi, plant owned by Mar-Jac, a Georgia-based poultry production company. After Duvan's death, Onin filed a notice with the state to avoid paying worker's compensation,the lawsuit claims. OSHA had issued at least eight citations for safety violations at the plant before Duvan's death, the lawsuit says. After the accident, Labor Department officials said Duvan’s death offered a reminder that children remain vulnerable to exploitation in the U.S. workplace.
Persons: JACKSON, Edilma Perez Ramirez, Mar, Jac, Duvan Perez, , Duvan, Joel Velasco Toto, Bobby Butler, Perez Ramirez, Onin, Toto, Butler, Seth Hunter, Perez Ramirez's, Chick, ” Hunter, ___ Michael Goldberg Organizations: U.S . Department, Safety, Health Administration, Mar, OSHA, Onin Staffing, Labor, Associated Press, America Statehouse News Initiative, America Locations: Miss, Mississippi, Forest, Guatemala, Hattiesburg , Mississippi, Georgia, Alabama, U.S, @mikergoldberg
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
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
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
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
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
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
Splatoon 3 proved to be a hit in Japan, helping keep momentum for Nintendo's ageing Switch console. Nintendo has sold 132.46 million units of the Switch, making it the company's second-most successful console after the handheld Nintendo DS. If the Switch remained popular in the holiday quarter then Nintendo could push a new console out to the Fall of this year, Goyal said. If Switch sales dropped in the December quarter, the new device could come as early as Spring or Summer, he added. Kantan Games' Toto said he expects the successor to be a "new device and not just an upgrade."
Persons: Philip Fong, Mario, Zelda, Serkan Toto, Piers Harding, Atul Goyal, Goyal, I'm, Nintendo's, Harding, Rolls, Toto, Moffett Nathanson, Will Organizations: Nintendo, AFP, Getty, CNBC, Kantan Games, Ampere, Jefferies, Mario Bros, Moffett Locations: Japan, Tokyo
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
Russell takes the blame for costly Verstappen collision
  + stars: | 2023-11-19 | by ( ) www.reuters.com   time to read: +2 min
Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 18, 2023 Mercedes' George Russell talks to the media after qualifying REUTERS/Finn Blake/ File Photo Acquire Licensing RightsLAS VEGAS, Nov 19 (Reuters) - George Russell accepted the blame for a costly Las Vegas Grand Prix collision that left Mercedes in danger of losing second place overall to Ferrari in the Formula One constructors' championship. Russell was handed a five-second penalty for a lap 25 clash with Red Bull's triple world champion and eventual winner Max Verstappen that demoted the Briton from fourth at the finish to eighth. Ferrari ended up scoring 16 points more than Mercedes and closed the gap to four with just one race remaining in Abu Dhabi next weekend. "Just another massively missed opportunity this weekend," Russell told Sky Sports television. Mercedes team boss Toto Wolff said it was game over once Russell incurred the penalty but remained optimistic for the finale.
Persons: Mercedes, George Russell, Finn Blake, Russell, Max Verstappen, Ferrari, Max, you've, Toto Wolff, Fred Vasseur, Charles Leclerc, Carlos Sainz, Red Bull, Alan Baldwin, Pritha Sarkar Organizations: Las Vegas, Las Vegas Strip, REUTERS, LAS VEGAS, Vegas, Mercedes, Ferrari, Formula, Sky Sports, DRS, Red, Thomson Locations: Las Vegas , Nevada, U.S, Abu Dhabi, Singapore, London
Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S. - November 15, 2023 Ferrari's Charles Leclerc talks to the media ahead of the Las Vegas Grand Prix REUTERS/Finn Blake Acquire Licensing RightsLAS VEGAS, Nov 16 (Reuters) - The first practice session of the Las Vegas Grand Prix was cancelled on Thursday just eight minutes in to repair the track after a faulty water valve cover badly damaged Carlos Sainz's Ferrari. Ferrari team principal Frederic Vasseur said two-thirds of the car would need to be changed out and called the situation "unacceptable." "These cars are generating huge amounts of suction underneath now," said Williams Racing team principal James Vowles. Mercedes team principal Toto Wolff lashed out at a reporter who asked how the cancelled practice was not a "black eye" for F1. The brief first test of the course along the transformed Strip marks F1's return to Las Vegas for the first time in nearly 40 years.
Persons: Ferrari's Charles Leclerc, Finn Blake, Carlos Sainz's Ferrari, Frederic Vasseur, Carlos, Vasseur, Esteban Ocon's, Williams, James Vowles, McLaren, Zak Brown, Mercedes, Toto Wolff, Wolff, Haas, Nico Hulkenberg, Kevin Magnussen, Max Verstappen, Logan Sargeant, Rory Carroll, Miral Organizations: Las Vegas, Las Vegas Strip, Las Vegas Grand Prix REUTERS, LAS VEGAS, Prix, Ferrari, FIA, Williams Racing, Thomson Locations: Las Vegas , Nevada, U.S, Baku, Montreal, Las Vegas, Los Angeles
Toto Wolff On Leading The Mercedes-AMG PETRONAS F1 Team
  + stars: | 2023-11-17 | 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 EmailToto Wolff On Leading The Mercedes-AMG PETRONAS F1 TeamFor over a decade, Formula 1's Mercedes-AMG PETRONAS F1 Team has set the engineering and the competitive standards for the sport. Team Principal and CEO, Toto Wolff, led the team to consecutive championship wins from 2014 to 2021. Wolff has navigated his team to wins through a massive league acquisition by Liberty Media, new teams joining the league, a growing fanbase, and a U.S. expansion with races in Miami and Las Vegas.
Persons: Toto Wolff, Wolff Organizations: PETRONAS, Team, Liberty Media, Las Locations: U.S, Miami, Las Vegas
[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
LAS VEGAS (AP) — Formula One is hoping to turn its luck around on the Strip, like so many other Las Vegas visitors who blow a big bankroll soon after they arrive. F1 ran a 90-minute session until 4 a.m. — when the streets had to be returned to the city for morning commuter traffic. A penalty because he ran over a drainage cover on the Las Vegas Strip, something completely out of his control and extremely dangerous considering it penetrated his seat? Because governing body FIA has no mechanism not to penalize a team that makes extensive car changes during a race weekend, Sainz has, of course, been penalized. Las Vegas is the most expensive race to attend to on the 24-event schedule.
Persons: Carlos Sainz Jr, Ferrari — Sainz, Stefano Domenicali, Renee Wilm, , , let’s, ” It's, Sainz, Ferrari, Charles Leclerc, Max Verstappen, Mercedes, Toto Wolff, Williams, James Vowles, Fred Vasseur, I’m, ” Wolff, ___ Organizations: LAS VEGAS, Liberty Media, Las Vegas, Saturday, Las, FIA, F1, Locals, Liberty, Netflix Locations: Sin City, United States, Vegas, Europe, Las Vegas
CNBC Special Podcast: Inside Track - The Business of Formula 1
  + stars: | 2023-11-17 | by ( ) www.cnbc.com   time to read: +1 min
High speed, high tech and filled with high-flyers – Formula 1 is the world's most elite motorsports league, and in recent years has experienced rapid growth in attendance, viewership and market value. CNBC Documentaries goes inside the business to find out what is fueling its popularity and who is profiting. Eisen travels to some of Formula 1′s most iconic races, explores the strategy behind its expansion in the U.S., and examines the role of brand-name sponsors, including the Haas team's title partner MoneyGram. She also looks at what's in store for the sport's future – including a new racing league for female drivers called F1 Academy, and the inaugural Las Vegas Grand Prix to be held in November 2023. It's F1′s most ambitious race yet, where the Las Vegas Strip will become an F1 track for the first time… and where some of the city's biggest hotel casinos are rolling out million-dollar packages for the most elite of fans.
Persons: Sara Eisen, Toto Wolff, Mercedes, Christian Horner of Red Bull, Guenther Steiner, Haas, Eisen, MoneyGram Organizations: CNBC, Liberty Media, F1 Academy, Las Vegas, Las Locations: U.S
Wynn resort is offering the first-ever Las Vegas Grand Prix Million Dollar All-Access Experience that includes a $100,000 philanthropic gift. "However, the brand synergies with the inaugural Las Vegas Grand Prix are unmatched." Formula One has long been a magnet for the celebrity class and Las Vegas is sure to be an irresistible pull. Las Vegas may be the gambling capital of the world but there will be little bet on F1. "I would say this is due to lack of parity," Derek Stevens, owner of Circa and several other Las Vegas casinos told Reuters.
Persons: Max Verstappen, Greg Maffei, Red Bull, Aston Martin, Hilton, Red, it’s, Rebecca McAdam Willetts, Mark Wang, David Beckham, Shaquille O’Neal, Mark Wahlberg, Gordon Ramsay, Toto Wolff, Derek Stevens, Steve Keating, Toby Davis Organizations: LAS VEGAS, Las Vegas, Liberty Media, Formula One, Vegas, Ferrari, Mercedes, McLaren, Red Bull, PokerStars, Public Relations, Reuters, Poker, New York Stock Exchange, American Express, Heineken, Hilton, MGM Resorts International, Fountain Club, Hilton Grand, Club SI, Drai's Beach Club, Thomson Locations: Vegas, United States, Sin City, VVIPs, Las Vegas, Monaco, Drai's, Toronto
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