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☆ Verstappen holds off charging Hamilton for 50th F1 win
▼ + stars: | 2023-10-22 | by ( ) www.reuters.com time to read: +4 min

Dominant Red Bull and Verstappen, who started in sixth place and whose win was the first in Austin by a driver not on the front row, have already secured the constructors' and drivers' titles. "The whole race, I was struggling a lot with the brakes," said Verstappen, who was booed by some of the crowd as he stood on the podium. "I normally never really struggle with braking so far in my F1 career, but it was definitely a bit of a problem." "Forecast P2, maybe the win," the 38-year-old was informed over the radio as he chased down the McLaren. Alpine's Esteban Ocon was the first retirement, his race ending on lap seven after a first lap collision with McLaren's Oscar Piastri.

Persons: Max Verstappen, Brian Snyder, Hamilton, Norris, Lewis Hamilton, Mercedes, Lando Norris, Verstappen, Charles Leclerc, McLaren, leapfrog Aston Martin, Ferrari's Carlos Sainz, Red Bull's Sergio Perez, Leclerc, George Russell, Alpine's Pierre Gasly, Aston, Lance, AlphaTauri's Yuki Tsunoda, Perez, Alain Prost, Red Bull, Sebastian Vettel's, Alpine's Esteban Ocon, McLaren's Oscar Piastri, Piastri, Aston Martins, Fernando Alonso, Haas, Kevin Magnussen, Nico Hulkenberg, Alan Baldwin, Ken Ferris Organizations: United, Prix, Mercedes, McLaren, AUSTIN, U.S, Bull, Circuit, DRS, Hamilton, Thomson Locations: United States, Americas, Austin , Texas, U.S, Austin, AUSTIN , Texas, Saudi Arabia, Alpine's, Mexico, London

☆ Verstappen wins Austin sprint race
▼ + stars: | 2023-10-21 | by ( ) www.reuters.com time to read: +2 min

Formula One F1 - United States Grand Prix - Circuit of the Americas, Austin, Texas, U.S. - October 21, 2023 Red Bull's Max Verstappen celebrates after winning the sprint race REUTERS/Brian Snyder Acquire Licensing RightsSummary Verstappen wins sprint from poleHamilton second, Leclerc thirdAUSTIN, Texas, Oct 21 (Reuters) - Red Bull's triple world champion Max Verstappen won a U.S. Grand Prix sprint race from pole position on Saturday with old foe Lewis Hamilton second for Mercedes. Ferrari's Charles Leclerc took third after being passed by Hamilton at the start of a race that paid points to the top eight finishers. The main event at the Texas track is on Sunday with Leclerc starting on pole position and Verstappen chasing his 50th grand prix win from sixth on the grid. Dominant Red Bull and Verstappen have already secured both the constructors' and drivers' world championships with a fistful of races to spare. In the early laps, Verstappen and Hamilton ran close enough for the Briton to have DRS (drag reduction) but then the Red Bull pulled away.

Persons: Max Verstappen, Brian Snyder, Leclerc, Lewis Hamilton, Ferrari's Charles Leclerc, Hamilton, Verstappen, Bull, Red Bull, McLaren's Lando Norris, Red Bull's Sergio Perez, Ferrari's Carlos Sainz, Pierre Gasly, George Russell, Alan Baldwin, Ed Osmond Organizations: United, Prix, Hamilton, U.S, Mercedes, Austin's Circuit, Ferrari, Alpine, Thomson Locations: United States, Americas, Austin , Texas, U.S, AUSTIN , Texas, Hamilton, Texas, Verstappen, London

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

☆ Ferrari to accept crypto as payment for its cars in the US
▼ + stars: | 2023-10-14 | by ( Giulio Piovaccari | ) www.reuters.com time to read: +4 min

Patchy regulation and high energy usage have also prevented the spread of crypto as a means of payment. These include electric carmaker Tesla (TSLA.O), which in 2021 began to accept payment in bitcoin, the biggest crypto coin, before CEO Elon Musk halted it because of environmental concerns. Ferrari shipped more than 1,800 cars to its Americas region, which includes the U.S., in the first half of this year. Galliera did not say how many cars Ferrari expected to sell through crypto. "Prices will not change, no fees, no surcharges if you pay through cryptocurrencies," Galliera said.

Persons: Benedetto Vigna, Flavio Lo Scalzo, Elon Musk, Enrico Galliera, Reuters cryptocurrencies, Ferrari, Galliera, Bitpay, Giulio Piovaccari, Tom Wilson, Louise Heavens Organizations: Ferrari, REUTERS, Reuters, Thomson Locations: Maranello, Italy, cryptocurrency, U.S, Europe, bitcoin, cryptocurrencies, East, Africa, China, Milan, London

☆ Ferrari to accept crypto as payment for its cars in the U.S.
▼ + stars: | 2023-10-14 | by ( ) www.cnbc.com time to read: +3 min

Patchy regulation and high energy usage have also prevented the spread of crypto as a means of payment. These include electric carmaker Tesla , which in 2021 began to accept payment in bitcoin, the biggest crypto coin, before CEO Elon Musk halted it because of environmental concerns. Ferrari shipped more than 1,800 cars to its Americas region, which includes the U.S., in the first half of this year. Galliera did not say how many cars Ferrari expected to sell through crypto. "Prices will not change, no fees, no surcharges if you pay through cryptocurrencies," Galliera said.

Persons: Manuel Romano, Ferrari, Elon Musk, Enrico Galliera, Reuters cryptocurrencies, Galliera Organizations: Ferrari, Auto, Getty, Reuters Locations: Padova, Italy, cryptocurrency, U.S, Europe, bitcoin, cryptocurrencies, Italian, East, Africa, China

☆ Verstappen adds race win to Qatar title weekend
▼ + stars: | 2023-10-08 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

But pace was OK. Another win, unbelievable," said Verstappen, who finished 4.8 seconds clear of Piastri. The relatively slim gap flattered the Australian, with Verstappen never looking like he was under any pressure and also setting fastest lap. Verstappen, now 209 points clear of Perez at the top of the standings, led cleanly from pole position and raced away unchallenged. After that I could just manage my pace and make sure that the tyres were always in a good window," Verstappen said. Four drivers collected time penalties for repeated track limits violations -- Perez, Aston Martin's Lance Stroll, Alpine's Pierre Gasly and Williams' Alex Albon.

Persons: Max Verstappen, Red Bull, Hamad, Mohammed, Piastri, Norris Mercedes, Bull, Oscar Piastri, Lando Norris, Verstappen, Christian Horner, Ferrari's Carlos Sainz, Mercedes, George Russell, Lewis Hamilton, Hamilton, Russell, Ferrari's Charles Leclerc, Aston Martin's Fernando Alonso, Esteban Ocon, Alfa Romeo, Guanyu Zhou, Red Bull's Sergio Perez, Perez, Aston, Lance, Pierre Gasly, Williams, Alex Albon, Albon, Alan Baldwin, Ed Osmond Organizations: Qatar, McLaren, Pirelli, Alfa, Thomson Locations: Lusail, Qatar, DOHA, Singapore

☆ Verstappen seals third F1 title as Piastri wins sprint
▼ + stars: | 2023-10-07 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

Verstappen, who has won 13 of 16 grands prix so far including 10 in a row, replied: "Yeah, unbelievable guys. The last to take the title on a Saturday was Brazilian triple champion Nelson Piquet in the 1980s. "When he (Verstappen) got through to second I thought I was going to be in a bit of trouble, but the pace was good. First Sprint win sounds pretty cool," said Piastri, who finished 1.871 seconds ahead. While Piastri led away into the first corner on the medium tyres, with Russell using his softs to slot into second, Verstappen on mediums dropped initially to fifth and Perez to 11th.

Persons: Perez, Piastri, Verstappen, Norris, Max Verstappen, Red Bull, Sergio Perez, Alpine's Esteban Ocon, Haas's Nico Hulkenberg, Bull, McLaren's Oscar Piastri, Christian Horner, Max, It's, Horner, German Sebastian Vettel, Nelson Piquet, NORRIS, Lando Norris, Mercedes, George Russell, Lewis Hamilton, Ferrari's Carlos Sainz, Charles Leclerc, Williams, Alex Albon, Fernando Alonso, Aston Martin, Russell, AlphaTauri's Liam Lawson, Logan Sargeant, Alan Baldwin, Andrew Cawthorne, Ed Osmond, Toby Davis Organizations: McLaren, McLaren DOHA, Red, Qatar, Prix, Team, Sprint, Aston, Thomson Locations: Dutch, German, Brazilian, Lusail

☆ Red Bull take constructors' title as Verstappen wins in Japan
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +3 min

McLaren's Lando Norris and Australian rookie Oscar Piastri, on a grand prix podium for the first time, finished second and third. The constructors' title was Red Bull's sixth since they entered the sport in 2005 and they did it at a circuit owned by engine partner Honda. "Max, that was absolutely fantastic," said team boss Christian Horner over the radio in congratulating Verstappen on a 48th career win and Red Bull's 15th of the season. Verstappen defended against the McLarens at the start, with Norris seizing the opportunity to pass Piastri and slot into second place. His final retirement ended Red Bull's 100% finishing record for the season.

Persons: Max Verstappen, Issei Kato, Bull, Perez McLaren's Norris, Piastri, Sergio Perez, McLaren's Lando Norris, Oscar Piastri, Verstappen, Perez, Red Bull's, Honda, Max, Christian Horner, Norris, Ferrari's Charles Leclerc, Lewis Hamilton, Carlos Sainz, George Russell, Mercedes, Aston Martin's Fernando Alonso, Esteban Ocon, Pierre Gasly, Hamilton, Kevin Magnussen, Alan Baldwin, Peter Rutherford Organizations: Suzuka, Prix REUTERS, Red Bull, Prix, Mercedes, Ferrari, Thomson Locations: Suzuka, Japan, SUZUKA, Dutch, Mexican, Qatar, Singapore, London

☆ Verstappen beats Piastri to Japanese GP pole
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

Formula One F1 - Japanese Grand Prix - Suzuka Circuit, Suzuka, Japan - September 23, 2023 Red Bull's Max Verstappen in action during qualifying REUTERS/Androniki Christodoulou Acquire Licensing RightsSUZUKA, Japan, Sept 23 (Reuters) - Formula One championship leader Max Verstappen put Red Bull on pole position for the Japanese Grand Prix on Saturday with McLaren's Oscar Piastri joining the Dutch driver on the front row. McLaren's Lando Norris qualified third with Ferrari's Charles Leclerc fourth. Mexican Sergio Perez, Verstappen's closest title rival and team mate but a massive 151 points adrift after 15 of 22 rounds, qualified fifth. Red Bull, whose run of 15 wins in a row ended in Singapore last weekend, are set to retain their constructors' title on Sunday but Verstappen will have to wait until at last the next race in Qatar to seal his third championship. Writing by Alan Baldwin in London, editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Max Verstappen, Androniki, Red Bull, McLaren's Oscar Piastri, McLaren's Lando Norris, Ferrari's Charles Leclerc, Mexican Sergio Perez, Verstappen's, Verstappen, Alan Baldwin, Peter Rutherford Organizations: Suzuka, REUTERS, Thomson Locations: Suzuka, Japan, Mexican, Singapore, Qatar, London

☆ Verstappen completes Japanese GP practice sweep
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

[1/2] Formula One F1 - Japanese Grand Prix - Suzuka Circuit, Suzuka, Japan - September 23, 2023 Red Bull's Max Verstappen in the pits during practice REUTERS/Issei Kato Acquire Licensing RightsSUZUKA, Japan, Sept 23 (Reuters) - Red Bull's Formula One championship leader Max Verstappen completed a sweep of Japanese Grand Prix practice on Saturday with McLaren closest on the timesheets and emerging as the main challengers. McLaren's Lando Norris was second-fastest, 0.240 off the pace, in the final session before qualifying with Australian team mate Oscar Piastri third. Red Bull's Sergio Perez was fourth-fastest and a further half a second behind. Ferrari's Charles Leclerc and Carlos Sainz, who looked Red Bull's closest challengers on Friday, were fifth and sixth, with the Mercedes pairing of Lewis Hamilton and George Russell seventh and eighth. Reporting by Alan Baldwin in London; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Max Verstappen, Issei Kato, McLaren's Lando Norris, Oscar Piastri, Red Bull's Sergio Perez, Verstappen, Perez, Red Bull, Ferrari's Charles Leclerc, Carlos Sainz, Mercedes, Lewis Hamilton, George Russell, Aston Martin's Fernando Alonso, Alfa Romeo's, Zhou, Alan Baldwin, William Mallard Organizations: Suzuka, McLaren, Singapore, Alfa, Thomson Locations: Suzuka, Japan, Singapore, Qatar, London

☆ Verstappen resumes normal service with top time in Japan
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

SUZUKA, Japan, Sept 22 (Reuters) - Red Bull's runaway Formula One championship leader Max Verstappen roared back from defeat in Singapore to set the fastest lap in the first practice for the Japanese Grand Prix on Friday. Verstappen's best time of one minute 31.647 seconds was 0.626 quicker than Ferrari's Carlos Sainz, the winner in Singapore. McLaren's Lando Norris was third fastest, 0.745 off the pace with a late switch to the soft tyres, with Ferrari's Charles Leclerc fourth and 0.927 slower than Verstappen. Perez, 151 points behind Verstappen after 15 of 22 races, was only 11th and 1.396 seconds slower than his team mate. Red Bull are set to retain their constructors' title in Japan on Sunday, needing to score only a point more than Mercedes.

Persons: Max Verstappen, Sergio Perez, Verstappen's, Ferrari's Carlos Sainz, McLaren's Lando Norris, Ferrari's Charles Leclerc, Max, McLaren, Zak Brown, Perez, Red Bull, Mercedes, George Russell 13th, Lewis Hamilton, Yuki Tsunoda, Aston Martin's Fernando Alonso, McLaren's Oscar Piastri, Williams, Alex Albon, Liam Lawson, Aston, Lance, Alan Baldwin, Christian Schmollinger Organizations: Suzuka, Sky Sports, Verstappen, Thomson Locations: SUZUKA, Japan, Singapore, Marina Bay, Mexican, London

☆ Ferrari renews partnership with Puma
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: 1 min

Sept 17 (Reuters) - Italian sportscar maker Ferrari (RACE.MI) on Sunday said that its racing division has renewed a partnership with German sports goods maker Puma (PUMG.DE). Scuderia Ferrari has renewed its multi-year partnership with Puma, which will become its premium partner starting from next year, the company said, without mentioning the deal's value. "In the next years PUMA will also continue to be the licensing partner for Ferrari-branded products and the supplier of F1 team and race wear for Ferrari," it added. The renewal of the partnership reinforces collaboration between the two companies which started in 2005 when Puma agreed to provide Ferrari's Formula One team with sportswear, shoes and accessories. Reporting by Shivani Tanna in Bengaluru Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: PUMA, Shivani Tanna, Tomasz Janowski Organizations: Ferrari, Puma, Thomson Locations: Italian, Bengaluru

☆ Sainz wins thrilling Singapore Grand Prix as Verstappen and Red Bull’s streaks end
▼ + stars: | 2023-09-17 | by ( ) www.cnbc.com time to read: +3 min

Carlos Sainz of Spain driving the (55) Ferrari SF-23 after his pit stop during the F1 Grand Prix of Singapore at Marina Bay Street Circuit on September 17, 2023 in Singapore, Singapore. Runaway standings leader Max Verstappen's winning run ended at 10 races and Red Bull's at 15 — both F1 records — as Carlos Sainz Jr. won the Singapore Grand Prix for Ferrari on Sunday. Red Bull dreamed of winning every race this year but had Verstappen fifth and Perez eighth after struggling all weekend in Singapore. That was the best feeling," Sainz said after celebrating with his team as fireworks lit up the Singapore circuit. Leclerc was fourth after failing to hold off the Mercedes cars on older tires, ahead of Verstappen in fifth.

Persons: Carlos Sainz, Ferrari, Qian Jun, Max Verstappen's, Carlos Sainz Jr, Red Bull, Perez, Sainz, McLaren's Lando Norris, Mercedes, Lewis Hamilton, George Russell, Norris, Carlos, Russell, Ferrari's Charles Leclerc, couldn't, Hamilton, Leclerc, Verstappen, Pierre Gasly, Oscar Piastri, Liam Lawson, Daniel Ricciardo, Kevin Magnussen, Haas, Aston Martin, Fernando Alonso, Lance, didn't Organizations: of Singapore, Marina, Circuit, Red Bulls, Bull's, Singapore, Prix, Ferrari, Sunday, McLaren, DRS, Alpine, AlphaTauri Locations: Spain, Singapore, Hamilton, Verstappen

Learn moreThe season might have said its goodbyes to Europe for the year, but we can help you say hello to a free F1 live stream of the Singapore GP. So take a look at the guide below for everything you need on how to watch the Singapore F1 live stream for free from anywhere. Where to Watch a free Singapore F1 live streamThis weekend's simplest option for a free F1 live stream is using a VPN to tune into one of the free European streams mentioned above. How to watch the Singapore F1 live stream with a VPNSign up for a VPN if you don't have one. Turn it on and set it to a country with a free live stream.

Persons: We've, Red Bull, Verstappen, Perez, Ferrari's Carlos Sainz, Russell, LeClerc, ExpressVPN Organizations: Singapore, Red Bulls, BBC, RTL, US ESPN, ESPN Locations: Europe, Singapore, Austria, Belgium, Luxembourg, TV's

☆ 'Smooth operator' Sainz ends Red Bull's winning streak
▼ + stars: | 2023-09-17 | by ( Tom Westbrook | ) www.reuters.com time to read: +5 min

"We nailed the race," said Sainz after his second career win for the Italian team and first since Silverstone last year. The Spaniard eked out his hard tyres for 42 laps, winning at the slowest possible speed, for Ferrari's first victory since Charles Leclerc triumphed in Austria in July last year. No team has ever won every race in a season of more than 10 rounds but Red Bull had looked capable of doing so until Singapore struck. Mercedes trimmed Red Bull's lead in the constructors' standings to 308 points, keeping them waiting at least another weekend for the title. Verstappen, who started on the hard tyres, moved up to second with Perez fourth but they were soon overhauled and plunged down the field after stopping under normal conditions.

Persons: Ferrari's Carlos Sainz Jr, Mercedes, Lewis Hamilton, Caroline Chia, Sainz, Red, Norris, Perez, Carlos Sainz, Max Verstappen's, McLaren's Lando Norris, Red Bull, George Russell, Hamilton, Lando, eked, Ferrari's, Charles Leclerc, Verstappen, Sergio Perez, LAWSON, Aston Martin's Fernando Alonso, Leclerc, Pierre Gasly, Oscar Piastri, Liam Lawson, Daniel Ricciardo, Kevin Magnussen, Haas, Logan Sargeant's Williams, Alpine's Esteban Ocon, Russell, Carlos, Alan Baldwin, Ken Ferris Organizations: Singapore, Circuit, Prix, Lewis Hamilton REUTERS, Hamilton, Ferrari, DRS, Silverstone, Alpine, McLaren, New, Formula One, Ferraris, Thomson Locations: Singapore, SINGAPORE, Italy, Austria, Monaco, Japan, AlphaTauri, London

☆ Ferrari on top in Singapore practice with lizards on track
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

[1/3] Formula One F1 - Singapore Grand Prix - Marina Bay Street Circuit, Singapore - September 14, 2023 Ferrari's Charles Leclerc signs autographs for fans as Ferrari's Carlos Sainz Jr. car is seen in the pits ahead of the Singapore Grand Prix REUTERS/Edgar Su Acquire Licensing RightsSINGAPORE, Sept 15 (Reuters) - Charles Leclerc set the pace as Ferrari led one-two in first Friday practice for a Singapore Grand Prix that could finally end Formula One champions Red Bull's record run of 15 wins in a row. Team mate Carlos Sainz was 0.078 slower in a session with yellow flags to warn drivers of monitor lizards crossing the track. Verstappen has yet to win in Singapore, or start on pole there, and Red Bull had identified Ferrari as the main threat coming into the weekend after their strong performance in the Italian Grand Prix at Monza. "I think this track is going to be one of the toughest of the season for us," Red Bull team boss Christian Horner told Sky Sports television. "There's a lizard again on the track, bit smaller this time," said Verstappen, who encountered a much bigger one on the same track in 2016, over the team radio.

Persons: Ferrari's Charles Leclerc, Ferrari's Carlos Sainz Jr, Edgar Su, Charles Leclerc, Ferrari, Red, Carlos Sainz, Max Verstappen, Sergio Perez, Verstappen, Red Bull, Christian Horner, McLaren, Mercedes, McLaren's Lando Norris, Lewis Hamilton, George Russell, Perez, Russell, Alan Baldwin, Christian Radnedge Organizations: Singapore, Circuit, Singapore Grand Prix REUTERS, Rights, Prix, Monza, Sky Sports, Briton, Thomson Locations: Singapore, Rights SINGAPORE, London

☆ Tesla jumps on prediction supercomputer unit could add $600 bln to mkt value
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

Dojo can open up new addressable markets that "extend well beyond selling vehicles at a fixed price," Morgan Stanley analysts led by Adam Jonas said in a note on Sunday. The Wall Street brokerage upgraded Tesla's stock to "overweight" from "equal-weight" and made it their "top pick," replacing Ferrari's U.S.-listed shares . That's about 76% higher than Tesla's market value of about $789 billion, based on the stock's close of $248.5 on Friday. Morgan Stanley raised its revenue estimate from Tesla's network services business to $335 billion in 2040, from $157 billion earlier. Jonas expects the unit to account for more than 60% of Tesla's core earnings by 2040, nearly doubling from 2030.

Persons: Matthew Childs, Morgan Stanley, Tesla, Adam Jonas, Jonas, Roshan Abraham, Susan Mathew, Medha Singh, Savio D'Souza, Sherry Jacob, Phillips, Rashmi Organizations: REUTERS, Dojo, Ferrari's U.S, Ford, Motors, Thomson Locations: London, Britain, Bengaluru

☆ Tesla supercomputer could boost EV maker's market cap by $600 bln -Morgan Stanley
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Matthew Childs/File Photo Acquire Licensing RightsSept 11 (Reuters) - Tesla's (TSLA.O) supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an "asymmetric advantage" and boost its market capitalization by nearly $600 billion, or 76%, Morgan Stanley estimated. Tesla started production of Dojo in July and plans to spend more than $1 billion through next year. Dojo can open up new addressable markets that "extend well beyond selling vehicles at a fixed price," Morgan Stanley analysts, led by Adam Jonas, said in a note published on Sunday. The Wall Street brokerage upgraded its recommendation on Tesla's stock to "overweight" from "equal-weight" and made it their "top pick," replacing Ferrari's U.S.-listed shares . That compares with its current market value of about $789 billion, after the stock closed at $248.5 on Friday.

Persons: Matthew Childs, Morgan Stanley, Tesla, Adam Jonas, Jonas, Roshan Abraham, Susan Mathew, Savio D'Souza Organizations: REUTERS, Dojo, Ferrari's U.S, Thomson Locations: London, Britain, Bengaluru

☆ Tesla jumps as analyst predicts $600 billion value boost from Dojo
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo Acquire Licensing RightsSept 11 (Reuters) - Tesla rallied 6% on Monday after Morgan Stanley said its Dojo supercomputer could power a near $600 billion surge in the electric-car maker's market value by helping speed up its foray into robotaxis and software services. The Wall Street brokerage upgraded Tesla's stock to "overweight" from "equal-weight" and replaced Ferrari's U.S.-listed shares with it as "top pick". That is about 76% higher than Tesla's market value of about $789 billion, based on the stock's close of $248.5 on Friday. Morgan Stanley raised its revenue estimate for Tesla's network services business to $335 billion in 2040 from $157 billion earlier.

Persons: Matthew Childs, Tesla, Morgan Stanley, Adam Jonas, Jonas, Roshan Abraham, Susan Mathew, Medha Singh, Savio D'Souza, Sherry Jacob, Phillips, Rashmi Aich, Anil D'Silva Organizations: REUTERS, Dojo, Ford, Motors, Thomson Locations: London, Britain, Ferrari's U.S, Bengaluru

☆ Perfect 10 for Verstappen with record win in Italy
▼ + stars: | 2023-09-03 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

The Dutch driver's victory on a sunny afternoon at Monza's "Temple of Speed" outside Milan was also Red Bull's 15th in succession -- another Formula One record that looks set to continue. Verstappen stretched his lead in the standings over Perez to 145 points with eight rounds remaining. Red Bull lead Mercedes in the constructors' championship by 310 points with Ferrari moving up to third. "Well done mate, you are on your own, that is history," team boss Christian Horner told Verstappen over the radio after he took the chequered flag. "Honestly, I spent the whole race pushing trying to keep the Red Bulls behind.

Persons: Max Verstappen, Claudia Greco, Red Bull, Perez, Red, Sainz, Sergio Perez, Spaniard Carlos Sainz, Verstappen, Bull, Mercedes, Christian Horner, Charles Leclerc, George Russell, Lewis Hamilton, Alex Albon, Williams, McLaren's Lando Norris, Aston Martin's Fernando Alonso, Valtteri, Liam Lawson, Oscar Piastri, German Sebastian Vettel's, Ferrari, Yuki Tsunoda's AlphaTauri, Leclerc, Ferraris, Alan Baldwin, Hugh Lawson, Ed Osmond Organizations: Prix, Autodromo Nazionale Monza, Prix REUTERS, Ferrari, Red, Mercedes, Alfa Romeo, New Zealand, McLaren, Red Bulls, Thomson Locations: Monza, Italy, MONZA, Milan, German, Abu Dhabi, Mexican

☆ No win but Ferrari thrill home crowd with podium battle
▼ + stars: | 2023-09-03 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

Spaniard Sainz, who had started on pole, prevailed for a third place finish with Leclerc fourth and only 0.184 of a second behind. Fred Vasseur, experiencing his first Monza as Ferrari principal, had told his drivers in the closing stages that they could race without taking risks but they may have had a different interpretation to the Frenchman. For Ferrari fans the battle was a highlight of a race that ended in a Red Bull one-two and Max Verstappen taking a record 10th win in a row. Leclerc pushed hard to get past, both cars locking up into turn one with smoking tyres, leaving Ferrari fans with hearts in mouth. It's always been a pleasure to race Charles whenever we've had the chance," Sainz told reporters after a wave of red-shirted fans spilled out of the grandstands to celebrate in front of the podium.

Persons: Max Verstappen, Claudia Greco, Ferrari, Carlos Sainz, Charles Leclerc, Spaniard Sainz, Leclerc, Fred Vasseur, Frenchman, It's, Charles, we've, Sainz, Vasseur, Alan Baldwin, Toby Davis Organizations: Prix, Autodromo Nazionale Monza, Prix REUTERS, Monza, Ferrari, Spaniard, Thomson Locations: Monza, Italy

☆ Sainz fastest for Ferrari on his birthday at Monza
▼ + stars: | 2023-09-01 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

SummaryCompanies Verstappen fastest in first session, Sainz top overallFerrari's Sainz celebrating 29th birthdayPerez brings out red flags at ParabolicaVerstappen chasing record 10th win in a rowMONZA, Italy, Sept 1 (Reuters) - Ferrari's Carlos Sainz celebrated his 29th birthday and kept the home crowd happy with the fastest lap in practice for the Italian Grand Prix on Friday after Formula One leader Max Verstappen set the early pace. The Spaniard lapped Monza's 'Temple of Speed' with a best time of one minute 21.355 seconds with McLaren's Lando Norris second and 0.019 slower in a second session that was twice red-flagged. Red Bull's Verstappen was top of the first session, in 1:22.657, ahead of a weekend that could secure him a record 10th win in a row. Sainz was second fastest in that opening practice. Red Bull, Ferrari and Mercedes used only hard tyres during the opening session.

Persons: Sainz, Ferrari's Sainz, Perez, Verstappen, Ferrari's Carlos Sainz, Max Verstappen, McLaren's Lando Norris, Bull's Verstappen, Gianpiero Lambiase, Sergio Perez, Ferrari's Charles Leclerc, McLaren's Oscar Piastri, Leclerc, Sebastian Vettel, Red Bull, Lewis Hamilton, It's, we've, Mercedes, Andrew Shovlin, Bull, Russell, Liam Lawson, Daniel Ricciardo, Felipe Drugovich, Lance, Aston Martin, Alan Baldwin, Toby Davis, Ken Ferris Organizations: Speed, Monza, Briton, Mercedes, Ferrari, New, Aston, Ascari, Thomson Locations: MONZA, Italy

☆ Verstappen goes for a record 10th win in a row
▼ + stars: | 2023-08-30 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

Verstappen won the Italian Grand Prix from seventh on the starting grid last year with Ferrari's Charles Leclerc on pole but finishing second. Red Bull have won every race so far this season, 14 in a row including the 2022 finale in Abu Dhabi, and are again favourites at Monza's fast layout. Since Lewis Hamilton's fifth Italian GP win with Mercedes in 2018 no driver has managed a repeat victory in the former royal park outside Milan. Talk of a 'Monza jinx' may be premature but this is a season where straws are being clutched more desperately. For Gasly, who lives in Milan, it is effectively a home race and one with a special place in his heart.

Persons: Max Verstappen, Stephanie Lecocq, Max, Sergio Perez, Sebastian Vettel's, Red Bull, Verstappen, Ferrari's Charles Leclerc, Austrian Gerhard Berger, Michele Alboreto, Enzo Ferrari, Lewis Hamilton's, Leclerc, Pierre Gasly, Daniel Ricciardo, Ricciardo, Fred Vasseur, Ferrari, Carlos Sainz, Aston Martin, McLaren, McLaren's Lando Norris, Frenchman, Aston Martin's Fernando Alonso, Alan Baldwin, Pritha Sarkar Organizations: Prix, Dutch Grand Prix REUTERS, Monza, McLaren, Ferrari, Mercedes, Zandvoort, Imola, Aston Martin's, Thomson Locations: Zandvoort, Netherlands, Abu Dhabi, Milan, Hamilton, Italian, Asia, Americas, Middle East, Monza, Italy, London

☆ Mercedes lick wounds after worst result yet in 2023
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +2 min

The eight points scored marked the first time this season that Mercedes had failed to take at least double figures from a weekend. "I think we stayed out catastrophically too long (in the first stint)," Wolff told Sky Sports television. "I'd rather have a fast race car and a mediocre result even if it hurts," said Wolff. The situation is never one person or one department... that was absolutely subpar from all of us and that includes me. Writing by Alan Baldwin in London, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Max Verstappen, Yves Herman Acquire, Toto Wolff, George Russell, Lewis Hamilton, Mercedes, Russell, Wolff, Lando Norris, George, Max, Lewis, Ferrari's Carlos, Sainz, It's, Alan Baldwin, Pritha Sarkar Organizations: Prix, Hamilton, Sky Sports, Briton, McLaren, Thomson Locations: Zandvoort, Netherlands, ZANDVOORT, London

☆ Verstappen takes record-equalling ninth win in a row
▼ + stars: | 2023-08-27 | by ( Bart H. Meijer | ) www.reuters.com time to read: +4 min

Verstappen now leads Perez, his closest rival, by a mighty 138 points with nine races remaining. Red Bull lead Mercedes by 285 points with Aston Martin 40 points further back and 14 ahead of Ferrari. Verstappen came in a lap later but resumed well down the field and set about closing the gap. The safety car was deployed from lap 16 to 21 when U.S. rookie Logan Sargeant crashed his Williams at turn eight. Verstappen appeared to be cruising to victory until the final deluge and the halt after Alfa Romeo's Guanyu Zhou crashed heavily, without injury.

Persons: Alonso, Perez, Max Verstappen, Bull, Sebastian Vettel's, Fernando Alonso, Aston Martin, Pierre Gasly, Red Bull's Sergio Perez, Verstappen, Mercedes, chatted, Ferrari's Carlos Sainz, Lewis Hamilton, Briton Lando Norris, McLaren, Alex Albon, Williams, McLaren's Oscar Piastri, Esteban Ocon, Liam Lawson, Yuki Tsunoda, Daniel Ricciardo, Lawson, Charles Leclerc, Leclerc, George Russell, Norris, Logan Sargeant, Alfa Romeo's, Zhou, Alan Baldwin, Ed Osmond, Pritha Sarkar, Giles Elgood Organizations: Prix, Zandvoort, Monza, Aston, Renault, Aston Martin, Ferrari, Mercedes, ., Hamilton, Briton, Alfa, Thomson Locations: ZANDVOORT, Netherlands, . New, AlphaTauri, London

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