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☆ Alonso says his Aston Martin is 'too good to be true'
▼ + stars: | 2023-03-04 | by ( ) www.reuters.com time to read: +1 min

MANAMA, March 4 (Reuters) - Fernando Alonso hailed the performance of his Aston Martin as "too good to be true" after qualifying fifth for his first race with the team at the season-opening Bahrain Grand Prix. The Spaniard, now 41, joined Aston Martin from Renault-owned Alpine at the end of last season when five-times champion Sebastian Vettel retired. "It was like too good to be true every session and every performance of the car. Alonso has not won a race for a decade, when he was at Ferrari, and his two titles came with Renault in 2005 and 2006. "Going for a podium in race one, it feels too good to be true."

☆ Mercedes are on the wrong track, says Hamilton
▼ + stars: | 2023-03-03 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

MANAMA, March 3 (Reuters) - Mercedes are on the wrong track with their car and may not be even third fastest, seven-times Formula One world champion Lewis Hamilton said after a difficult first Friday of practice in Bahrain. With Aston Martin setting the fastest lap of all with Fernando Alonso, Hamilton suggested Mercedes may have dropped as far as fourth in the pecking order. "It is not where anyone in the team wants to be or deserves to be because everyone works so hard, but we are just on the wrong track. We have to graft away and get ourselves on the right track, but right now we are long way off the guys in front." Mercedes technical director Mike Elliott told reporters that changes would be made, particularly to the stand-out slimline sidepods.

☆ Ferrari CEO says Tesla's success was a 'wake up call' for the auto industry
▼ + stars: | 2023-02-13 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

Ferrari is an "emotional car" while Tesla is a "functional car," he said. Ferrari plans to unveil its first fully electric car in 2025, taking it to market in 2026. And Tesla certainly got things moving for the electrification of the automotive industry, Ferrari CEO Benedetto Vigna told Bloomberg. While investing in electric cars, it will "keep offering a mix of technology for as long as it's feasible. As "functional" electric cars, to use Vigna's words, become more and more popular, luxury automakers like Ferrari are getting ready to enter the market.

☆ Online car market Bring a Trailer closing out year with record $1.35 billion in sales
▼ + stars: | 2022-12-23 | by ( Robert Frank | ) www.cnbc.com time to read: +1 min

Online car market Bring a Trailer said it expects to close out the year with a record $1.35 billion in sales, as a new generation of collectors logged on to buy classic and pre-owned cars. Randy Nonnenberg, Bring a Trailer's president and co-founder, told CNBC that sales for the year are up 63% from 2021, when sales hit $829 million. The question now is whether the pandemic-fueled frenzy of car collecting will hold up if there is a recession. Nonnenberg said he sees no evidence of a slowdown in the company's business. Hagerty, the classic-car insurance company, also entered the auction business, buying Broad Arrow and launching Hagerty Marketplace, an online sales platform.

☆ DOJ touts first-of-its-kind settlement in racial discrimination case targeting ‘crime-free housing’ policy
▼ + stars: | 2022-12-14 | by ( Tierney Sneed | ) edition.cnn.com time to read: +2 min

CNN —The US Justice Department on Wednesday filed what it is describing as a first-of-its-kind settlement in a racial discrimination case challenging a so-called “crime-free housing ordinance.”The proposed consent decree was filed Wednesday in a lawsuit the Justice Department brought in 2019 against the central California city of Hesperia, alleging that the city’s ordinance violated the Fair Housing Act’s prohibitions on racial discrimination in housing access. Hesperia continues to deny the allegations. She noted under the program, Black renters were almost four times more likely to be evicted than White renters and Latino renters were 29% more likely to be evicted. According to the Justice Department, Hesperia and its co-defendants – the county of San Bernardino and the San Bernardino Sheriffs Department – have agreed to pay a $950,000 settlement. It will compensate people who were harmed under the policy and will cover anti-discrimination training and other initiatives.

☆ Ferrari pauses new Purosangue orders amid strong demand - media
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: +1 min

MILAN, Nov 29 (Reuters) - Ferrari (RACE.MI) has temporarily stopped taking orders for its Purosangue SUV as high demand has sent waiting lists for some customers to around two years, Chief Marketing and Commercial Officer Enrica Galliera told the drive.com.au website. Ferrari unveiled in September the petrol-powered 12-cylinder Purosangue, which the Italian sports car maker prefers to describe as a four-door, four-seater. "It's no secret that we stopped taking orders. We had such an interest without delivering one single car," Galliera was quoted as saying by the Australian website. The company prioritises existing customers when taking orders for new models.

☆ Review: I drove the $2.1 million Rimac Nevera electric supercar. It felt like piloting an ultra-luxury rocket.
▼ + stars: | 2022-11-23 | by ( Alanis King | ) www.businessinsider.com time to read: +9 min

The $2.1 million electric supercar Rimac Nevera has 1,914 horsepower and 1,741 pound-feet of torque. But the Rimac Nevera taught me there's still a lot of that to be done on Earth. Alanis KingThe Nevera is a $2.1 million electric supercar from Rimac, a Croatian carmaker founded in 2009 by the now 34-year-old Mate Rimac. Rimac AutomobiliThe Nevera has four electric motors — one for each wheel — that, combined, make 1,914 horsepower and 1,741 pound-feet of torque. "The car will step out a little," they said, referring to the slide a car's wheels do when they begin to lose traction.

☆ Gen Z and millennials are driving growth in the luxury-goods market, study shows
▼ + stars: | 2022-11-17 | by ( Sarah Belle Lin | ) www.businessinsider.com time to read: +3 min

Gen Z and millennials are the largest drivers of the luxury-goods market, per Bain & Co.Gen Zers purchase luxury items three to five years earlier than millennials, the study found. The luxury-goods market is valued at more than a trillion dollars and is expected to withstand a recession. The luxury-goods market is forecast to be "recession-proof" in 2023, in part because of millennial and Gen Z consumers, who accounted for the growth of the market in 2022, the report found. Gen Zers are buying luxury goods earlier than past generations, and Gen Alpha is expected to follow suit. The luxury industry is more "customer-centric" and "multi-touchpoint" meaning there are more ways to access the luxury market, including digital and virtual shopping experiences.

☆ I drove a $2 million electric car with 1,900 horsepower and saw the unimaginably fast future of supercars
▼ + stars: | 2022-11-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

I drove the Pininfarina Battista, a new electric supercar that costs $2.2 million and up. The Pininfarina Battista. Tim Levin/InsiderThe $2.2 million, 1,900-horsepower electric supercar is mind-bendingly, frighteningly quick, promising to hit 62 mph from a standstill in less than two seconds. The Pininfarina Battista. The Pininfarina Battista.

☆ Inside the frightening, thrilling experience of driving the quickest car in the world, the $2 million Pininfarina Battista
▼ + stars: | 2022-11-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

I tested the Pininfarina Battista, a dizzyingly quick electric supercar that costs $2.2 million and up. That's kind of what driving the Pininfarina Battista is like. The Pininfarina Battista. Tim Levin/InsiderThe $2.2 million, 1,900-horsepower electric supercar is mind-bendingly, frighteningly quick, recently claiming the world acceleration record for a street-legal car. The Pininfarina Battista.

☆ F1: One of Michael Schumacher's Ferraris has sold for almost $15 million at auction
▼ + stars: | 2022-11-10 | by ( George Ramsay | ) edition.cnn.com time to read: +1 min

CNN —The Ferrari in which Michael Schumacher won his sixth Formula One world title has smashed auction records to become the most expensive F1 car in history. The F2003-GA sold for $14.9 million in a Sotheby’s auction in Geneva, Switzerland on Wednesday, almost doubling the previous record for an F1 car when Schumacher’s F2001 fetched $7.5 million in 2017. According to Sotheby’s, Schumacher recorded five race wins, two podiums and three pole positions in the F2003-GA. In that season, the German finished just two points ahead of Kimi Räikkönen in the championship standings to claim the sixth of his seven world titles. By claiming his sixth world title, Schumacher passed Juan Manuel Fangio’s record tally and then went on to win his seventh title the following year – a number Lewis Hamilton matched in 2020.

☆ Ferraris and Aston Martins Are Still Selling Well—When They Can Be Built
▼ + stars: | 2022-11-02 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

The superrich are throwing more money than ever at fancy cars. That doesn’t always make them super-profitable to manufacture. Ferrari reported “remarkable order intake” alongside third-quarter earnings on Wednesday. The luxury-car maker doesn’t disclose reservations, yet orders for its Purosangue model—its long-discussed answer to sport-utility vehicles, launched in September with a starting price of €390,000 in Italy, equivalent to $385,000—are running “way above our most promising expectations,” said Chief Executive Officer Benedetto Vigna on a call with analysts.

☆ Inside the $23 million mega-mansion that Yankee Candle built
▼ + stars: | 2022-11-01 | by ( Robert Frank | ) www.cnbc.com time to read: +5 min

It was built by Kittredge's father, Michael Kittredge II, who made his fortune as the founder of the Yankee Candle Company. Juggler Meadow is listed at nearly 10 times that amount, but is also a rare combination of space, amenities and sports facilities. Kittredge began making more, and in the early 1970s founded Yankee Candle Company. By the late 1990s, Yankee Candle had become the biggest scented candle company in the county. With the flood of cash and a non-compete clause that prevented him from launching another candle company for years, Kittredge built his dream life.

☆ 2023 Honda HR-V: A User-Friendly Crossover That’s Just What You Need
▼ + stars: | 2022-10-28 | by ( Dan Neil | ) www.wsj.com time to read: 1 min

GROWTH SPURT The 2023 Honda HR-V EX-L AWD has been redesigned and re-engineered to share vehicle architecture with the Honda Civic sedan. The HR-V is now almost 9.4 inches longer and 2.6 inches wider. I’ll be in the karmic wash cycle for a thousand years just getting the stink of borrowed Ferraris off me. Compared to those bums, the 2023 Honda HR-V EX-L (compact crossover) is a beautiful study in appropriateness, necessity and sufficiency, finely calibrated in a zillion consumer studies, I’m sure, and priced where the spiritually evolved can get at it: $30,590, as tested. Everything you need; a few things you must have; and about as fast as you can legally go.

☆ The electric Pininfarina Battista costs a whopping $2 million. Here’s what that gets you
▼ + stars: | 2022-10-28 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +9 min

If anyone still needs convincing that electric cars need not be boring appliances, the Battista is a convincing, if costly, argument. Electric power promises more acceleration and power without tailpipe emissions and, for better or worse, without the cacophony of a V12. But Lamborghini’s current CEO, Stephan Winkelmann, has said that a proper electric supercar isn’t possible with today’s technology. The Pininfarina Battista puts his skepticism to the test, but, I fear, Winkelmann may just be right. The Pininfarina Battista has a $2.2 million price tag and outrageous performance Andi HedrickThe fully electric Battista was designed and assembled by a company spun off from the better-known Pininfarina design firm that crafted bodies for decades’ worth of beautiful Ferraris.

☆ Arizona GOP governor candidate Kari Lake, who has spread election conspiracies, raises cash from business leaders
▼ + stars: | 2022-10-25 | by ( Brian Schwartz | ) www.cnbc.com time to read: +6 min

Arizona republican candidate for governor Kari Lake greets the audience during a stop on the Truth and Courage PAC's Take Back America Bus Tour with U.S. Lake is endorsed by Trump, who spread false conspiracies that he lost that 2020 election because of widespread voter fraud. He helped to fuel the wave of GOP candidates who have run for office while casting doubts on the 2020 results. Ducey certified Arizona's 2020 election results. Hobbs, as the state's top election official, has denied any irregularities in the 2020 election.

☆ Sainz on pole in Austin as F1 mourns Mateschitz
▼ + stars: | 2022-10-22 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

"I think for tomorrow Red Bull are still the favourites and they normally have the better race pace," he added. The Monegasque was 0.065 slower than Sainz's pole time of one minute 34.356 seconds in a windy session at the undulating circuit outside Austin. "The last lap wasn't the best, Carlos did a better job today and deserves to be on pole," said Leclerc. Ferrari need to score 19 points more than Red Bull, who have won the last seven races, to keep the constructors' championship alive with three rounds remaining. Aston Martin's four times world champion Sebastian Vettel, who won his titles with Red Bull, starts 10th.

☆ Verstappen shoots for record to end Mercedes' title streak
▼ + stars: | 2022-10-20 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

At the same time Red Bull can clinch their first constructors' championship since 2013. If Ferrari fail to score 19 points more than Red Bull in Texas, the contest is over. "If we can make a step, hopefully, we can get into the fight with the Ferraris and the Red Bulls," said trackside engineering director Andrew Shovlin. Mexican fans will be relishing the battle for second place in the drivers' championship, with Red Bull's Sergio Perez only a point ahead of Ferrari's Charles Leclerc. The Circuit of the Americas is celebrating its 10th anniversary as U.S. Grand Prix host and organisers expect a record 440,000-strong three-day crowd as the sport continues to surge in popularity in America.

☆ Should you rent or buy a house? Use the 'BURL' rule to avoid financial regret, says real estate investor
▼ + stars: | 2022-07-19 | by ( Sam Dogen | ) www.cnbc.com time to read: +4 min

BURL: The rest estate investing rule to followAs real estate investor, I always recommend using the "BURL" rule — which stands for "buy utility, rent luxury" — to avoid financial regret. Savvy real estate investors often pay no more than 100 times the monthly rent to purchase a property. In the case of the couple above, an investor following the 100 times monthly rent rule wouldn't pay more than $750,000 because the monthly market rent was $7,500. There are people who pay six-figures a year in rent, but are actually coming out ahead thanks to the BURL rule. The BURL rule says that if you can afford it, buy the Honda Civic and rent the Ferrari on weekends.

☆ AC Milan rămâne neînvinsă în această ediției a Seriei A. "Rossonerri" au remizat cu Parma, scor 2-2
▼ + stars: | 2020-12-14 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

AC Milan rămâne neînvinsă în această ediției a Seriei A. Fundașul francez a fost cel care a și egalat scorul în prelungirile partidei, stabilind și rezultatul final de 2-2. AC Milan rămâne neînvinsă în Serie A și își păstrează poziția de lider în competiția internă. Campioana en-titre, Juventus, la fel este neînvinsă în Serie A, însă ocupă abia locul 4 în clasament. Paulo Dybala a înscris o dată, iar Cristiano Ronaldo a reușit o dublă, ambele goluri fiind marcate din penalty, în meciul său cu numărul 100 pentru torinezi.

Persons: brazilianul, Theo Hernandez, Stefano Pioli, Paulo Dybala, Cristiano Ronaldo, Stefano Sturaro, Daniel Dumbravanu, Rolando Maran, Ferraris Organizations: AC Milan, Juventus, A, Inter, AS Roma Locations: Parma, - titre, Genoa, Napoli, Cagliari, Bologna

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