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☆ Mercedes F1 Team CEO Toto Wolff on the business of F1, success in the U.S. and growth outlook
▼ + stars: | 2024-10-17 | 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 EmailMercedes F1 Team CEO Toto Wolff on the business of F1, success in the U.S. and growth outlookToto Wolff, Mercedes-AMG Petronas F1 Team team principal and CEO, joins 'Squawk Box' to discuss the business of F1, success of F1 in the U.S., partnership with LVMH and other brands, long-term growth outlook, and more.

Persons: Toto Wolff, Mercedes, LVMH Organizations: Petronas F1 Team Locations: U.S

☆ F1's new regulations suggest car makers are not done with the internal combustion engine yet
▼ + stars: | 2024-06-06 | by ( Chris Hawes | ) www.cnbc.com time to read: +3 min

If you want to see into the future of car making, the Formula One rulebook has often been a good place to start. But the sport's new regulations suggest that car makers are not pinning all their hopes on electrification. In 2026, F1 cars will be powered by hybrid engines with a 50:50 split between electric-power and internal combustion; crucially, the combustion engine will be powered by synthetic e-fuels. Another is Audi, which left Formula E in 2021 to join F1 in 2026, the same year that the German automotive company will stop producing new combustion engine cars and only release electric vehicles. One of the products Audi is ramping up is synthetic e-fuels, which use renewably-generated electricity to break water into hydrogen and oxygen before combining them with carbon dioxide.

Persons: Lewis Hamilton, Mercedes, Pat Symonds, Madeleine Orr, Alex Keynes Organizations: Petronas, Team, Prix, Monaco, CNBC, Honda, Audi, E, University of Toronto Locations: Montecarlo, Monaco

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

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

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

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

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

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

☆ Lego is leaning into the $6.7 billion 'kidult' economy, through collabs with F1 and Pharrell, and by providing ideas for date night
▼ + stars: | 2024-02-01 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "We are noticing a shift, but we are also driving it," Lego Chief Product and Marketing Officer Julia Goldin told Business Insider of the "kidult" trend. This story is available exclusively to Business Insider subscribers. Lego will be putting further efforts around its botanical range around key occasions in 2024, Goldin said. In October, Pharrell Williams biopic, "Piece by Piece," will be released to movie theaters, which will be told using Lego animation.

Persons: —, Julia Goldin, Goldin, Lego, McLaren, Ayrton Senna, Pharrell Williams, Lego Goldin Organizations: Service, Business, Lego, Petronas, BMW, Mercedes

☆ Autodesk's CMO explains why advertising on the MSG Sphere in Vegas, which reportedly costs $450,000 a day, was worth every penny
▼ + stars: | 2023-11-29 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

@brycebetts132 I've watched every video of the Sphere in Vegas and this new ad is by far my favorite. By comparison, running a billboard campaign in New York's Times Square for one to three days costs between $5,000 and $25,000, according to outdoor advertising company Inspiria Outdoor. A representative for the Sphere Entertainment Company said the company doesn't discuss financials. One TikTok video, which has notched up more than 14,000 likes, declared it " the best Sphere ad ." The Sphere debuted its first advertising campaign in September of this year and has featured brands including YouTube, the NBA, Heineken and Xbox.

Persons: @brycebetts132 I've, ♬, Dara Treseder, Treseder, tentacled, Ryan Reynolds, Otto Desć, Carla Herrero, Herrero Organizations: Autodesk, Marvel, Business, ♬ Marvel Studios, Sphere Entertainment, Autodesk University, YouTube, NBA, Heineken, Xbox, University College London, Mercedes, AMG PETRONAS Formula One Locations: Las Vegas, Vegas, New

☆ Formula 1's Lewis Hamilton on the business of being an F1 racer
▼ + stars: | 2023-11-18 | 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 EmailFormula 1's Lewis Hamilton on the business of being an F1 racerFormula 1 and Mercedes-AMG Petronas F1 Team driver Lewis Hamilton talks about the rigors of being a Formula 1 driver, the business of F1, and his need to pursue interests outside of the racetrack.

Persons: Lewis Hamilton Organizations: Petronas, Team

☆ 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

☆ Formula One clothing craze sweeps retailers ahead of Vegas debut
▼ + stars: | 2023-11-16 | by ( Katherine Masters | ) www.reuters.com time to read: +4 min

[1/4] F1 apparel is displayed for sale, as U.S. retailers including PacSun and Abercrombie & Fitch are launching lines of Formula 1-inspired apparel, in Las Vegas, Nevada, U.S., November 15, 2023. Teen clothing chains Abercrombie & Fitch (ANF.N) and PacSun are among the U.S. retail chains seeking to turn Americans' budding love affair with Formula One into sales of F1-inspired clothing lines, building partly on excitement for this weekend's inaugural Las Vegas Grand Prix, the retailers said. At the start of the year, the average ticket price for the three-day race weekend was $1,667 -- more than triple that for some European races, such as the Belgian Grand Prix. Rolex paid $35 million in 2023 for a deal that includes title naming rights at two Grand Prix, according to research firm GlobalData. Ahead of the Vegas race, PacSun is selling a collection that includes a pair of $69 women’s cargo jeans and a $600 men’s leather jacket.

Persons: Mike Blake, Jay Prasad, ”, Richard Cox, PVH, Tommy Hilfiger, Conrad Wiacek, Red, Max Verstappen, they’re, Williams, Alfa, Katherine Masters, Jonathan Oatis Organizations: Abercrombie, Fitch, REUTERS, Rolex, One, Las Vegas, Prix, Mercedes, AMG Petronas, Miami Grand Prix, Puma, AP Rocky, Monaco, Netflix, ESPN, Red Bull, Alpine, Kappa, McLaren, Alfa Romeo, Thomson Locations: Las Vegas , Nevada, U.S, Belgian, Vegas, Miami, United States, Las Vegas, men’s

☆ Will F1 Entertain Expansion?
▼ + stars: | 2023-11-13 | 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 EmailWill F1 Entertain Expansion? CNBC's Sara Eisen talks to Liberty Media President & CEO Greg Maffei, MoneyGram Haas Team Principal Guenther Steiner and Mercedes-AMG PETRONAS Team Principal Toto Wolff about their thoughts on expansion in F1. "Inside Track: The Business of Formula 1," premieres Thursday at 8pm ET/PT on CNBC.

Persons: Sara Eisen, Greg Maffei, MoneyGram, Guenther Steiner, Toto Wolff Organizations: Liberty Media, Mercedes, CNBC

☆ Mercedes's Toto Wolff previews Formula 1's big bet on Las Vegas with upcoming grand prix
▼ + stars: | 2023-11-13 | 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 EmailMercedes's Toto Wolff previews Formula 1's big bet on Las Vegas with upcoming grand prixToto Wolff, Mercedes-AMG Petronas Team Principal and CEO, joins 'Squawk on the Street' to discuss how important the Nevada Grand Prix is for the future of Formula 1, how Wolff quantifies the impact of the race on F1, and how problematic dominance is in the space.

Persons: Mercedes's Toto Wolff, Toto Wolff, Mercedes, Wolff Organizations: Las Vegas, Team Locations: Nevada

☆ Hamilton and Leclerc disqualified from U.S. Grand Prix
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

[1/2] Oct 22, 2023; Austin, Texas, USA; Mercedes AMG Petronas Motorsport driver Lewis Hamilton (44) of Team Great Britain drives during the 2023 United States Grand Prix at Circuit of the Americas. Mandatory Credit: Jerome Miron-USA TODAY Sports Acquire Licensing RightsAUSTIN, Texas, Oct 22 (Reuters) - Mercedes accepted their punishment after Formula One stewards disqualified Lewis Hamilton from second place in Sunday's U.S. Grand Prix along with sixth-placed Ferrari driver Charles Leclerc. Mercedes had brought an upgraded car to Texas and Hamilton, whose team mate George Russell moved up to fifth, had looked more competitive. "We can take a lot of positives from the car performance today," said Wolff. Reporting by Alan Baldwin in London, editing by Christian Schmollinger and Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Lewis Hamilton, Jerome Miron, Mercedes, Charles Leclerc, COTA, Toto Wolff, Red Bull's Max Verstappen, George Russell, Wolff, Carlos Sainz, Alan Baldwin, Christian Schmollinger, Michael Perry Organizations: Mercedes, Petronas Motorsport, Great, Prix, Circuit, Ferrari, FIA, Austin's Circuit, Thomson Locations: Austin , Texas, USA, Americas, , Texas, Sunday's U.S, Texas, Hamilton, London

☆ Mercedes' Toto Wolff shares his tips on leading a superstar team and 2 key values for long-term success
▼ + stars: | 2023-07-04 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

For me, the notion of control freak is: know everything that's going on, but not interfering in everything that's going on. Toto Wolff Team Principal of Mercedes F1"And when you win, have no sense of entitlement... Mercedes drivers Lewis Hamilton and George Russell currently stand in fourth and seventh in the drivers' rankings, respectively. Mercedes drivers Lewis Hamilton (R) and George Russell (L) currently take the fourth and seventh placing in the 2023 Driver Standing respectively. "So for me, the notion of control freak is: know everything that's going on, but not interfering in everything that's going on... and getting that balance right."

Persons: Toto Wolff, Eric Alonso, Wolff, Mercedes, Red Bull, Lewis Hamilton, George Russell, Red, Max Verstappen, It's, Peter Fox, Williams Organizations: Jeddah Corniche, Getty, Mercedes, Petronas F1 Team, Energy Asia, Petronas, Abu, Grand Prix, Anadolu Agency, Prix, of Russia, Sochi Autodrom, Hamilton Locations: Saudi Arabia, Jeddah, Jeddah Corniche Circuit, Malaysia's, Kuala Lumpur, Grand, Sochi, Russia

☆ Mercedes' Wolff: Hamilton's new contract is coming in days, not weeks
▼ + stars: | 2023-06-12 | 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 EmailMercedes' Wolff: Hamilton's new contract is coming in days, not weeksToto Wolff, team principal and CEO at the Mercedes-AMG Petronas Formula 1 Team, joins 'Squawk on the Street' to discuss Sir Lewis Hamilton's status on Mercedes, how significant Hamilton's role is on the team, and more.

Persons: Mercedes, Wolff, Toto Wolff, Sir Lewis Hamilton's Organizations: Mercedes, AMG Petronas

☆ Disney is developing ways to watch sports with Apple's Vision Pro that could give fans new control over the action
▼ + stars: | 2023-06-06 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +3 min

Disney outlined its vision Monday for how virtual reality could change the way we watch sports. CEO Bob Iger shared the "sneak peek" as partner Apple unveiled its upcoming Vision Pro headset. CEO Bob Iger said at Apple's 2023 Worldwide Developers Conference, where it unveiled its new Vision Pro mixed-reality headset, that Disney will be developing new entertainment experiences for the platform. It's unclear how much of this viewing experience will be available when the Vision Pro is slated to start shipping early next year. The company did not discuss plans for sports on the Vision Pro.

Persons: Bob Iger, Apple, Iger Organizations: Disney, Morning, ESPN, Vision, Apple, Iger, NBA, NHL, MLB, Petronas

☆ In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla
▼ + stars: | 2023-05-02 | by ( ) www.cnbc.com time to read: +6 min

In this article MBG-FF Follow your favorite stocks CREATE FREE ACCOUNTLewis Hamilton of Great Britain drives the Mercedes AMG Petronas F1 Team W13 on race day during the 2023 Australian Grand Prix at Albert Park on April 2, 2023 in Melbourne. But Mercedes' F1 collaboration to build more efficient EVs faster is unprecedented because it embeds that racing mindset and technological expertise directly in product development. After decades of leadership in combustion-engine technology, legacy carmakers like Mercedes have lagged Tesla in electric vehicles. Mercedes' F1 team can help it get back in the race, said Steven Merkt, head of transportation solutions at TE Connectivity , a major autos supplier. Last year, Mercedes unveiled its EQXX concept car, a super-efficient EV capable of a range of more than 1,200 km (745 miles), which was jointly developed with the German premium carmaker's F1 team in England.

☆ Watch CNBC's full interview with G42 CEO and Mercedes-AMG Petronas F1 Team CEO
▼ + stars: | 2023-04-28 | 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 EmailWatch CNBC's full interview with G42 CEO and Mercedes-AMG Petronas F1 Team CEOAbu Dhabi royal backed artificial intelligence company G42 and the Mercedes F1 team are partnering to explore ways to deploy AI software and solutions into the team's operations to deliver critical insights. CNBC's Dan Murphy sits with G42 CEO Peng Xiao and Mercedes F1 Team Principal and CEO Toto Wolff to speak about the partnership, incorporating AI technology in sports and AI regulation.

☆ FTX: NBA's Miami Heat to terminate relationship with crypto giant, will get new arena name
▼ + stars: | 2022-11-11 | by ( Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —The NBA’s Miami Heat and Miami-Dade County have terminated their relationship with bankrupt cryptocurrency exchange FTX and will search for a new naming rights partner for their arena in downtown Miami. Miami-Dade County and Miami Heat said in a joint statement Friday night that the reports about FTX are “extremely disappointing” and that they will work together to find a new naming rights partner for the arena, which was only renamed as FTX Arena last year. FTX had reportedly inked a reported $135 million, 19-year deal to rename the Miami arena in June 2021. Also, Major League Baseball struck a five-year deal in 2021 to name FTX as its official cryptocurrency exchange. FTX is also the official cryptocurrency exchange partner of the Mercedes-AMG Petronas Formula One Team.

☆ The sudden decline of one of the largest crypto exchanges could rattle the sports industry
▼ + stars: | 2022-11-10 | by ( Jennifer Korn | ) edition.cnn.com time to read: +5 min

CNN Business —The near collapse this week of FTX, one of the largest cryptocurrency exchanges, has sent shockwaves throughout the crypto startup and investment community. Like other crypto companies, FTX has invested heavily in sports sponsorships, including partnerships and naming rights in professional basketball, baseball and Formula One racing. In 2021, FTX inked a reported $135 million, 19-year deal with the NBA’s Miami Heat to rename the American Airlines Arena as FTX Arena. Sports partnership experts say the stadium naming rights are the biggest headache. In a hiring announcement earlier this year, Binance CEO Zhao “CZ” Changpeng said: “It was not easy saying no to Super Bowl ads, stadium naming rights, large sponsor deals a few months ago, but we did.”

☆ Energised Hamilton says he will return Mercedes to the top
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +3 min

Oct 23, 2022; Austin, Texas, USA; Mercedes AMG Petronas Motorsport driver Lewis Hamilton (44) of Team Great Britain waves to the fans after the running of the U.S. Grand Prix F1 race at Circuit of the Americas. Register now for FREE unlimited access to Reuters.com Register"We are much closer now, the upgrade worked and we were racing for a win," said Mercedes boss Toto Wolff. Hamilton has had two other runnerup results this season in France and Hungary but it was the manner of the fight in Texas that had both the Englishman and his Mercedes team looking ahead to next year. "What's happened this year in terms of our performance and everything to get a win would be a huge triumph for us," said Hamilton. "I felt amazing to even just be in shooting distance of Max for some parts of the race," said Hamilton.

☆ Tech Meets the Track: George Kutz & Toto Wolff on F1
▼ + stars: | 2022-10-21 | 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 EmailTech Meets the Track: George Kutz & Toto Wolff on F1Ahead of the Austin Grand-Prix, Crowdstrike CEO George Kurtz and Mercedes-AMG Petronas Formula One Team Principal and CEO Toto Wolff sit down exclusively with CNBC TechCheck's Deirdre Bosa. They discuss the technology behind F1 racing, the sport's surge in popularity post-Netflix series, and the outlook for demand in a softer economy.

☆ Hamilton a parcurs peste 5000 de tururi în F1, iar echipa sa a ridicat a şaptea consecutivă Cupă a Constructorilor
▼ + stars: | 2020-11-02 | by ( Sensmedia Srl | Ia Legătura Cu Autorul | ) tv8.md time to read: +1 min

Pilotul britanic Lewis Hamilton s-a impus în Marele Premiu al regiunii Emilia-Romagna, duminică, pe circuitul de la Imola (Italia), în timp ce echipa sa, Mercedes-AMG, a cucerit al şaptelea titlu consecutiv de campioană mondială la constructori, un nou record pentru Formula 1. Mercedes a depăşit cu această ocazie performanţa realizată de Scuderia Ferrari, care a câştigat titlul mondial al constructorilor în şase sezoane consecutive, între 1999 şi 2004. Rezultatul de ieri a mai marcat a 100-a victorie pentru Mercedes-AMG Petronas F1 Team în era hibridă, precum și al 500-lea podium pentru Mercedes-Benz power. În plus, a devenit a 100-a victorie sub conducerea lui Toto Wolff, şeful echipei sportive. Află mai multe şi vezi cele mai tari momente ale cursei, pe AutoBlog.MDPentru a fi la curent cu cele mai importante știri te așteptăm pe Telegram .

Persons: Lewis Hamilton, Toto Wolff Organizations: Mercedes, Scuderia Ferrari, F1, Benz, Youtube, Instagram Locations: Emilia - Romagna, Imola, Italia

☆ Электросамокаты Xiaomi: Премьера в сети магазинов Giant Ⓟ
▼ + stars: | 2020-09-30 | by ( ) point.md time to read: +1 min

Электросамокаты Xiaomi в сети магазинов Giant! Самые лучшие цены в Молдове! И самое главное преимущество – сеть магазинов GIANT предлагает лучшие цены в Молдове. Электрические самокаты XIAOMI созданы в сотрудничестве с Mercedes, а точнее в создании скутеров приняла участие немецкая команда-автопроизводитель Mercedes AMG Petronas Motorsport, принимающая участие в Гран-при «Формула-1». Инновации от Mercedes F1 сделали электросамокаты XIAOMI наиболее совершенными на рынке.

Persons: XIAOMI Mercedes, FB Organizations: Petronas Motorsport, Giant, Xiaomi, Giant!, GIANT, XIAOMI, Mercedes Locations: Giant Moldova, Молдова, Кишинев, Бельцах

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