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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
Formula One's invitation to Andretti Cadillac for an in-person meeting about its application to join the motorsports series was sent via email and landed in a spam folder, which is why Michael Andretti and General Motors representatives never answered the request. The junk email revelation came Friday as Andretti Global sought to clarify two points in the sharply critical document F1 released earlier this week in rejecting the Andretti Cadillac application. An in-person meeting to discuss commercial matters would be and remains of paramount importance to Andretti Cadillac,” the team said. “Andretti Cadillac has been operating with 2026 as the year of entry for many months now," the team said. He then petitioned F1 to expand the grid for what Andretti claims will be a true American team in the series.
Persons: Andretti, Michael Andretti, Stefano Domenicali, , “ Andretti, Andretti Cadillac, , Mario Andretti, Michael rank, Michael Andretti's, Gene Haas, Haas, Colton Herta, Logan Sargeant, Williams Organizations: Andretti Cadillac, General Motors, Andretti Global, Andretti, Formula One Management, FIA, American, Liberty Media Corp, GM, Cadillac, Sauber Locations: American, California
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
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
Formula One trials AI to tackle track limits breaches
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsABU DHABI, Nov 23 (Reuters) - Formula One's governing body is trialling artificial intelligence (AI) to tackle track limits breaches at this weekend's season-ending Abu Dhabi Grand Prix. The Paris-based FIA said it would be using 'Computer Vision' technology that uses shape analysis to work out the number of pixels going past the track edge. By the title-deciding Qatar weekend in October there were eight people assigned to assess track limits and monitor 820 corner passes, with 141 reports sent to race control who then deleted 51 laps. Stewards said this month that their inability to properly enforce track limits violations at turn six was "completely unsatisfactory" and a solution needed to be found before the start of next season. Malyon said the extra Computer Vision layer would reduce the number of potential infringements being considered by the ROC, with still fewer then going on to race control for further action.
Persons: Dado Ruvic, ABU, Abu, Tim Malyon, Malyon, I’ve, Alan Baldwin, Toby Davis Organizations: REUTERS, Abu Dhabi Grand Prix, FIA, October's U.S, Prix, Stewards, Computer, Thomson Locations: ABU DHABI, Abu Dhabi Grand, Paris, Qatar, Austin, ROC, London
Red Bull driver Max Verstappen, of the Netherlands, drives past the Sphere during the Formula One Las Vegas Grand Prix auto race, Saturday, Nov. 18, 2023, in Las Vegas. Max Verstappen hated everything about the Las Vegas Grand Prix from the moment he arrived in Sin City. "Viva Las Vegas! Viva Las Vegas!" Verstappen had slammed Saturday night's spectacle at every chance, yet raced in an Elvis-inspired firesuit and took the victory on the famed Las Vegas Strip.
Persons: Red, Max Verstappen, Justin Bieber, Verstappen, firesuit, Charles Leclerc, Leclerc, Sergio Perez, Martin Garrix, Brad Pitt, Rihanna, Usain Bolt, Shaquille O'Neal, ", Verstappen —, impersonators, Jacques Villeneuve, Liberty, Carlos Sainz Jr, Lewis Hamilton, Mercedes, Logan Sargeant, Williams, Sainz, Ferrari, Bull, Perez, Red Bull, Hamilton, Abu Dhabi, Lando Norris, McLaren Organizations: Las, Las Vegas, Bellagio, Liberty Media, Liberty, Ferrari Locations: Netherlands, Las Vegas, Sin City, Vegas, Bellagio, United States, Abu
“Viva Las Vegas! Viva Las Vegas!” sang the three-time reigning world champion as he crossed the checkered flag waved by Justin Bieber. Verstappen had slammed the race at every chance, yet raced in an Elvis-inspired fire-suit and took the victory on the famed Las Vegas Strip. A class-action lawsuit was filed Friday against the Las Vegas Grand Prix. Verstappen, Leclerc and Perez were then driven in a limousine to the victory podium.
Persons: — Max Verstappen, Charles Leclerc, , Justin Bieber, Verstappen, Verstappen —, impersonators, Jacques Villeneuve, Liberty, Carlos Sainz Jr, Leclerc, Sainz, Ferrari, Bull, Sergio Perez, Perez, Red Bull, , Leclerc moaned, Lewis Hamilton, ” Verstappen, Mercedes, Abu Dhabi, Lando Norris, McLaren, ___ Organizations: LAS VEGAS, Las Vegas, Liberty Media, Liberty, Ferrari Locations: Vegas, United States, Abu
LAS VEGAS (AP) — At the inaugural Formula One Las Vegas Grand Prix, music and entertainment have taken a dominant role. (The luxury club and casino is a founding partner in the Las Vegas Grand Prix.) Travis Scott performed at Zouk Nightclub located in Resorts World Las Vegas, another partner of this particular race. For the inaugural Vegas race weekend, the Grand Prix hosted an Opening Ceremony — not too dissimilar from the star-studded event that launch the Miami race in 2022. Just like music.”For the EDM DJ and Las Vegas resident Steve Aoki, the F1 Opening Ceremony is indicative of Vegas' growing appeal.
Persons: J Balvin, He'd, Usher, , he'll, will.i.am, , Jack Harlow, Travis Scott, Jared Leto, Shannon Leto, Keith Urban, Andra Day, Kylie, ” Bishop Briggs, Steve Aoki, John Legend, , ” Keith Urban, Day, Mercedes Driver, Lewis Hamilton, Michael Jackson's Organizations: LAS VEGAS, , One Las, Prix, Las Vegas, Associated Press, Cosmopolitan, Liberty Media, Wynn, Vegas, Formula, Miami, Paddock Club, AP, Las Locations: Sin City, Las Vegas, Vegas, Las, Bahrain
Unimpressed Verstappen not buying into Las Vegas hype
  + stars: | 2023-11-16 | by ( Steve Keating | ) www.reuters.com   time to read: +3 min
Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S. - November 15, 2023 Red Bull's Max Verstappen talks to the media ahead of the Las Vegas Grand Prix REUTERS/Mike Blake Acquire Licensing RightsLAS VEGAS, Nov 16 (Reuters) - Red Bull's Max Verstappen isn't buying into the turbo-charged hype around Formula One's return to Las Vegas, describing the race as 99% show, 1% sport. Asked if he was looking forward to this weekend, the three-time world champion was unequivocal, "No." "I just always want to focus on the performance side of things," shrugged Verstappen. "I am looking forward to trying to do the best I can, but not looking forward to this." Reporting by Steve Keating in Las Vegas.
Persons: Max Verstappen, Mike Blake, Max Verstappen isn't, Verstappen, I'm, It's, Sergio Perez, Sebastian Vettel, Lewis Hamilton, Michael Schumacher, Steve Keating, Christina Fincher Organizations: Las Vegas, Las Vegas Strip, Las Vegas Grand Prix REUTERS, LAS VEGAS, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, Nevada, Abu Dhabi
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
GM plans F1 power unit supply to Andretti from 2028
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsNov 14 (Reuters) - General Motors has formally registered with Formula One's governing body to provide power units to a proposed Andretti Cadillac team from 2028, the U.S. carmaker announced on Tuesday. "We are thrilled that our new Andretti Cadillac F1 entry will be powered by a GM power unit," said GM President Mark Reuss in a statement issued ahead of this weekend's Las Vegas Grand Prix, one of three races in the United States. "With our deep engineering and racing expertise, we’re confident we'll develop a successful power unit for the series, and position Andretti Cadillac as a true works team. Formula One will have new engine regulations from 2026, with GM set to be the seventh manufacturer if Andretti secure approval. "Engineering a F1 power unit will advance GM’s expertise in areas including electrification, hybrid technology, sustainable fuels, high efficiency internal combustion engines, advanced controls and software systems," the carmaker said.
Persons: Rebecca Cook, Andretti, carmaker, Mark Reuss, Andretti Cadillac, Stefano Domenicali, Michael Andretti, Mario, Mercedes, Red Bull, Bruno Famin, We're, Alan Baldwin, Andrew Heavens Organizations: General Motors, REUTERS, Formula, Andretti Cadillac, FIA, Andretti, GM, Las Vegas, Formula One Management, U.S, Prix, Ferrari, Renault, Audi, Honda, Thomson Locations: Detroit , Michigan, U.S, United States, Austin, London
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailF1 revenue is expected to double what the Super Bowl will bring in for Las Vegas'Mad Money' host Jim Cramer sits down with CNBC's Sara Eisen to talk Formula One's upcoming race in Las Vegas.
Persons: Jim Cramer, CNBC's Sara Eisen Organizations: Super, Las Vegas Locations: Las, Las Vegas
Formula One - F1 - Chinese Grand Prix - Shanghai, China - 6/4/17 - Formula One Managing Director of Motorsports Ross Brawn walks at the Shanghai International Circuit ahead of the Chinese F1 Grand Prix. The story has now been re-told in a four-part series 'Brawn: The Impossible Formula 1 Story' on Disney+, with Hollywood A-lister Keanu Reeves the host and narrator. They had no engine to power the car until Mercedes, with the help of then-McLaren team boss Martin Whitmarsh, came to the rescue. "We had that wonderful period at the beginning (of 2009) when everyone assumed it was a slam dunk, you know? Brawn, a Formula One employee, avoided comment on that situation with the steady hand of a man who has steered his own ship through far choppier waters.
Persons: Motorsports Ross Brawn, Aly, Ross Brawn, Jenson Button, lister Keanu Reeves, Brawn, Mercedes, Martin Whitmarsh, Lewis Hamilton, Michael Andretti, Alan Baldwin, Christian Radnedge Organizations: Prix, Motorsports, Shanghai, Circuit, Brawn, Disney, Hollywood, Ferrari, Honda, Reuters, Mercedes, McLaren, General Motors, FIA, Formula, Thomson Locations: Shanghai, China, Britain, Paris
LAS VEGAS (AP) — General Motors said Tuesday it has registered with Formula One's governing body to become an engine supplier starting in 2028 in what is seen as a huge boost to Michael Andretti's bid to join the global motorsports series. “We are thrilled that our new Andretti Cadillac F1 entry will be powered by a GM power unit,” GM President Mark Reuss said. GM in January announced its partnership with Andretti Global under its Cadillac banner on Andretti's application to join F1. GM doesn't have its own F1 power unit and said its effort would be in conjunction with an existing manufacturer. If Andretti gets approved to join an expanded F1 grid, he would have to use another manufacturer's engine until 2028.
Persons: Motors, Michael Andretti's, Mark Reuss, Andretti Cadillac, Andretti, GM isn't, Ford, Red Bull, Honda, Colton Herta, Mario Andretti, Michael, Gene Haas, Haas, Kevin Magnussen, Nico Hulkenberg, Hulkenberg Organizations: LAS VEGAS, , Formula, Andretti Cadillac, GM, Las Vegas, Prix, Andretti Global, GM doesn't, FIA, Audi, Sauber, Andretti, Associated Press, AP, Renault, IndyCar Locations: California, Denmark, Germany
Jim Cramer takes a look at Formula 1's big bet on Las Vegas
  + stars: | 2023-11-13 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer takes a look at Formula 1's big bet on Las Vegas'Mad Money' host Jim Cramer sits down with CNBC's Sara Eisen to talk Formula One's upcoming race in Las Vegas.
Persons: Jim Cramer, CNBC's Sara Eisen Locations: Vegas, Las Vegas
Sainz leads Ferrari one-two in Sao Paulo GP practice
  + stars: | 2023-11-03 | by ( ) www.reuters.com   time to read: +1 min
SAO PAULO, Nov 3 (Reuters) - Carlos Sainz was fastest in a Ferrari one-two with Charles Leclerc in Friday's sole practice session for the Sao Paulo Grand Prix, with other top teams keeping a lid on their true potential. Sainz lapped with a best time of one minute 11.732 seconds, with Leclerc -- polesitter for the past two races -- 0.108 slower and both after late runs on the fastest soft tyres on a windy afternoon. Russell had been top of the timesheets until Ferrari bolted on the soft tyres near the end of the hour. Triple world champion Max Verstappen was only 16th fastest, with Red Bull team mate Sergio Perez 18th but both set their times on the hard tyre. Writing by Alan Baldwin in London, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Sainz, Charles Leclerc, Sainz, Leclerc, George Russell, Nico Hulkenberg, Haas, Russell, Ferrari, Max Verstappen, Red Bull, Sergio Perez, Lewis Hamilton, Perez, McLaren, Lando Norris, Oscar Piastri, aborting, Norris, Hulkenberg, Alan Baldwin, Ed Osmond Organizations: SAO PAULO, Sao Paulo, Sao Paulo Grand Prix, One's, Sunday's, Mercedes, softs, Triple, Red, Verstappen, Thomson Locations: Friday's, Sao Paulo Grand, Brazil, London
LOS ANGELES (AP) — In the music video for “Por La Familia,” a new track from Carín León and BorderKid, León is whisked away into a surrealist landscape inspired by Mexico. Formula One's Sergio “Checo” Pérez. León is a celebrated voice in Mexican music, proving genres like banda, mariachi, norteño and sierreño are international, not “regional Mexican music,” as his work — and the work of his contemporaries like Peso Pluma and Eslabon Armado — is often described. Red Bull Racing's “Checo” Pérez is the sole Mexican Formula One driver on the 2023 grid and the most successful Mexican driver in the motorsport's history. “I'm very happy with what's happening with Mexican music.”
Persons: Sergio “ Checo, Pérez, , Bull, , ” León, Édgar Barrera —, Cash, he's, Maluma, J Balvin Organizations: ANGELES, , , Mexican, familia, Prix Locations: Mexico, Mexican, Miami, Vegas
Already given one career lifeline this season, Ricciardo missed the last five races with a broken left hand. But he returns this week to the U.S. Grand Prix, where the 34-year-old Australian has a history of having some cheeky fun. Long time no see," Ricciardo said to the group of his fellow drivers when he walked into Thursday's news conference. The hand feels good,” Ricciardo said, adding that the bone break that required surgery was worse than initially expected. Eventually there will have to be a serious side to the racing, which has not been so good for Ricciardo in recent years.
Persons: Daniel Ricciardo, Ricciardo, , ” Ricciardo, I'm, , Red Bull, Lando Norris, AlphaTauri, Nyck De Vries, Liam Lawson, It’s, Lawson, Max Verstappen, Lewis Hamilton, George Russell, Ferrari's Charles Leclerc, “ Charles, ” Haas, Kevin Magnussen, Hamilton, let's, ” Hamilton, Williams, Logan Sargeant, Aston, Lance, Estebon Ocon, ” Sargeant Organizations: U.S, University of Texas Longhorns, Renault, McLaren, Austin, FIA, Qatar Grand Prix Locations: AUSTIN, Texas, Americas, Austin, Ricciardo, Hungary, Belgium, TEXAS, Qatar
AUSTIN, Texas (AP) — Patrick Mahomes “jumped” at the the chance to invest in a Formula One team when he was asked to join a group of celebrity backers behind the Alpine team. It'll be cool to see some of the events, maybe some of the other races other than Miami," Mahomes said. Asked if he thinks it could buy him a chance drive an F1 car some time, Mahomes said: “I don't know if that's in my contract. I know (Chiefs general manager Brett) Veach is a big F1 guy. “Passion for excellence on the golf course has led me to admire the same pursuit in Formula 1," McElroy said.
Persons: — Patrick Mahomes “, Travis Kelce, Rory McIlroy, Anthony Joshua, ” Mahomes, “ I’ve, Max Verstappen, Red Bull, Ryan Reynolds, Rob McElhenney, Mahomes, , Brett, Veach, Pierre Gasly, Esteban Ocon, McElroy, , Dave Skretta Organizations: Formula, Kansas City Chiefs, Chiefs, Otro, Netflix, United States, Prix, Austin, Otro Capital, Hollywood, Welsh soccer, Wrexham, English Locations: AUSTIN, Texas, , Miami, Kansas City , Missouri
The governing body said on Sunday it was 'revisiting' the incident. "The FIA notes that Lewis was apologetic during the subsequent stewards hearing into the incident and acknowledged that the crossing was a serious safety breach," said a statement. "However, in view of his role model status, the FIA is concerned about the impression his actions may have created on younger drivers." The stewards report at the time said Hamilton had reached the inside edge of the track just seconds before Russell arrived at high speed after exiting the pits. The governing body is likely to want to set clearer guidelines and more stringent penalties for such a breach in future.
Persons: Mercedes, Lewis Hamilton, Hamad I Mohammed, Lewis, George Russell, Hamilton, Russell, Joe Turney, Tom Pryce, Alan Baldwin, Christian Radnedge Organizations: Qatar, Mercedes, Briton, FIA, Kyalami, Thomson Locations: Lusail, Qatar, Hamilton, Italy
He jumped straight out of the cockpit and crossed the circuit, which is a breach of regulations. But given his role model status within the series, and the danger represented, governing body FIA feels this may not have been enough. Hamilton reached the inside edge of the Losail track shortly before Russell arrived at full speed having exited the pit lane. He is third in the F1 standings behind Red Bull drivers Sergio Perez and Max Verstappen, who clinched his third straight F1 title in Qatar. Alpine driver Esteban Ocon vomited inside his helmet as track temperatures reached 50 degrees Celsius (122 degrees Fahrenheit).
Persons: Lewis Hamilton, Hamilton, Mercedes, George Russell, Russell, Lewis, Red Bull, Sergio Perez, Max Verstappen, Aston Martin, Lance, Logan Sargeant, Williams, Esteban Ocon vomited Organizations: Qatar, Prix, FIA, Hamilton, Red Locations: Saudi Arabia, Qatar
FIA to take action after Qatar GP 'extreme weather'
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +2 min
FILE PHOTO:Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - October 8, 2023 Williams' Logan Sargeant in action during the race REUTERS/Ibraheem Al Omari/File Photo Acquire Licensing RightsOct 9 (Reuters) - Formula One's governing body will take action to protect drivers from the sort of extreme heat and humidity they suffered during Sunday's Qatar Grand Prix, it said on Monday. The International Automobile Federation said in a statement it had "begun an analysis into the situation in Qatar to provide recommendations for future situations of extreme weather conditions. "Research from other series, such as cross-country events in extreme climates, will be examined for potential applications to circuit events." The FIA noted that next year's race in Qatar will be held in December, when temperatures should be lower, but said it preferred "to take material action now to avoid a repeat of this scenario." The inaugural Qatar Grand Prix in 2021 was held in late November.
Persons: Williams, Logan Sargeant, Al Omari, Max Verstappen, Verstappen, Angelica Medina, Alan Baldwin Organizations: Qatar, REUTERS, Sunday's Qatar, Prix, International Automobile Federation, FIA, Qatar Grand Prix, Thomson Locations: Lusail, Qatar, Paris, Singapore, Miami, Mexico City, London
Citi thinks it's time to to buy shares of Liberty Media Formula One . The investment bank upgraded shares of Formula One Group to buy from neutral, maintaining its $71 price target. It's been a highly volatile year for shares of Formula One, which are overall up 17.7% in that time. "Ultimately, we are not overly concerned by the extra capex, as the Vegas event could help drive U.S. engagement by bolstering media rights revenue." "We view the relative risk-reward associated Apple's prospective interest in F1's global media rights as attractive at prevailing levels."
Persons: It's, Jason Bazinet, Bazinet, TKO's, Michael Bloom Organizations: Citi, Liberty Media, Formula One, Formula, Las Vegas, Apple, Prix, One's
Marko, 80, apologised last week after referring to Perez as a "South American" who was less focused than dominant Red Bull team mate Max Verstappen or the team's now-retired champion Sebastian Vettel. "We can confirm that Helmut Marko has received a written warning and been reminded of his responsibilities as a public figure in motor sport in line with the FIA Code of Ethics," said an FIA spokesman at the Singapore Grand Prix. Perez said on Thursday he had accepted a personal apology from Marko, whose comments continued to provoke a strong reaction in the paddock. It was not the first time Marko had referred to Perez as a South American, although the Mexican comes from Guadalajara which is geographically in North America. "I'm Italian so I know that sometimes we have been facing the same comments," said Alfa Romeo's Alessandro Alunni Bravi.
Persons: Gilles Villeneuve, Sergio Perez, Helmut Marko, Evan Buhler, Marko, Perez, Max Verstappen, Sebastian Vettel, Mercedes, Toto Wolff, hasn't, Lewis Hamilton, McLaren, Zak Brown, Verstappen, Alessandro Alunni Bravi, Alan Baldwin, Ken Ferris Organizations: Prix, Grand Prix REUTERS, Rights, Red Bull, FIA, Singapore, Formula One, Mexican, One, Thomson Locations: Montreal, Canada, Rights SINGAPORE, Austrian, Mexican, Guadalajara, North America, Mexico, South America, London
Bottas settled for a six pack after winning weight in beer
  + stars: | 2023-08-24 | by ( ) www.reuters.com   time to read: +1 min
ZANDVOORT, Netherlands, Aug 24 (Reuters) - Alfa Romeo driver Valtteri Bottas settled for a six-pack after winning his weight in beer in a cycle race in Colorado over Formula One's August break. "The prize for the best costume was your weight in beer, and I really wanted to win the prize," said Bottas of last week's event. "I was thinking about it, obviously being mainly an American crowd, so I went for The Simpsons and Duffman." Bottas admitted his favourite character was Homer Simpson but also figured it would be tougher riding uphill dressed in that guise. He also rode a 100-mile gravel race on Sunday, finishing 20th out of 926 entrants.
Persons: Valtteri Bottas, Finn, Bottas, Homer Simpson, Lewis Hamilton, Duff, Tiffany Cromwell, Alan Baldwin, Toby Davis Organizations: Formula One's, The, Alfa Romeo, Thomson Locations: ZANDVOORT, Netherlands, Colorado, Steamboat Springs, Australian, London
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