DIRS.INFO The most relevant business & tech news

☆ The multi-billion dollar battle to host an F1 race is heating up
▼ + stars: | 2024-11-11 | by ( Chris Hawes | ) www.cnbc.com time to read: +3 min

Who will win a 2026 Grand Prix? "We are receiving calls from prime ministers, from governments that really want to host the Grand Prix," F1 CEO Stefano Domenicali told CNBC's "Inside Track." The Belgian Grand Prix adds an estimated $248 million to the national economy each year. Abu Dhabi, which held its first Grand Prix in 2009, spent $40 billion constructing an artificial island to do it. "It didn't have anything before the plans for the Abu Dhabi Grand Prix."

Persons: Stefano Domenicali, CNBC's, Domenicali, Abu, Saif Rashid Al Noaimi, YouGov, Robin Fenwick, Guy Antognelli, McLaren, Zak Brown, You've, Lewis Hamilton Organizations: CNBC, Abu, Grand Prix, Monaco, Monaco Government Tourist, Convention Authority, Cannes Film, Cote d'Azur, Bloomberg Locations: Thailand, South Korea, India, Rwanda, Belgian, Europe, America, Belgium, Abu Dhabi, Yas, Grand, Saudi Arabia, U.S, Monte Carlo, Monaco, Cote

☆ How racing driverless cars is pushing autonomous technology
▼ + stars: | 2024-05-15 | by ( Amy Gunia | ) edition.cnn.com time to read: +5 min

He’s been working on robotics since the 1980s, and he’s surprised by how quickly autonomous technology has advanced. He sees this in his day-to-day work at KUCARS, where researchers are working on everything from autonomous cars and drones to marine, agricultural, and manufacturing robotics. There have been other autonomous car races before, but A2RL’s was the first to include a race between four driverless cars, according to organizers. “But it was good to push the community.”Team Polimove competes during the Abu Dhabi Autonomous Racing League. Pushing the technology to the edgeEfforts to set driverless cars loose on public roads have faced setbacks, especially as the result of collisions with unforeseen obstacles.

Persons: Lakmal Seneviratne, He’s, he’s, A2RL’s, ” Seneviratne, Daniil Kvyat, Amr Alfiky, Reuters ‘, Max Verstappen, TUM, Seneviratne, Polimove, Giuseppe Cacace, Simon Hoffman, ” Hoffman, Uber, Hoffman, ” Organizations: CNN, Netflix, P Global Mobility, Khalifa University Center, Autonomous Robotic Systems, Khalifa University, Abu Dhabi Autonomous Racing League, Reuters, Beijing Institute of Technology, Abu, Marina Circuit, Abu Dhabi Grand Prix, Technical University of Munich, Getty, Yas Marina Circuit, Khalifa University of Science Locations: Abu Dhabi, KUCARS, Yas

☆ A garland-wearing Mark Zuckerberg arrives for a glitzy Indian wedding celebration — and boy is he in full vacation mode
▼ + stars: | 2024-03-01 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg and his wife Priscilla are attending the lavish Ambani pre-wedding party in India. The Meta CEO appears to be in full vacation mode after being pictured with a floral garland. The event for Anant Ambani and Radhika Merchant is due to feature a performance by Rihanna. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . He appears to be in full vacation mode after flying in with his wife for the Ambani family's extravagant three-day affair.

Persons: Mark Zuckerberg, Priscilla, Ambani, Anant Ambani, Radhika Merchant, Rihanna, —, Mukesh Ambani, Anant, He's, Viren Merchant, Isha Ambani, Anand Piramal, Priyanka Chopra, Nick Jonas, Hillary Clinton, Arianna Huffington, Mukesh, Nita, Bill Gates, Ivanka Trump, Zuckerberg, he'd, Larry Fink, Murray Auchincloss, Sundar Pichai, Jay Y, Lee, Rihanna hasn't, Abu Organizations: Service, Encore Healthcare, The, Samsung Electronics, Reuters, India Today, Prix Locations: India, Gujarat, The Times

☆ Christian Horner, Red Bull's F1 team principal, under investigation by company
▼ + stars: | 2024-02-06 | by ( Dennis Romero | Sahil Kapur | ) www.cnbc.com time to read: +2 min

Christian Horner ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates on November 26, 2023. Red Bull has commissioned an investigation into Christian Horner, the team principal of its highly successful Formula 1 racing team. In a statement Monday, Red Bull characterized the investigation of Horner, who is also CEO of Oracle Red Bull Racing, as independent. This process, which is already underway, is being carried out by an external specialist barrister," Red Bull said in a statement. Red Bull is the reigning constructors' champion in the world's premier auto racing series.

Persons: Christian Horner, Red Bull, Bull, Horner, Telegraaf, Red, Max Verstappen, Sebastian Vettel, Verstappen's Organizations: Abu, Prix, Yas Marina Circuit, United, United Arab Emirates, Oracle Red Bull Locations: Abu Dhabi, United Arab

☆ Formula 1 star Lewis Hamilton to leave Mercedes and join Ferrari in shock move: Reports
▼ + stars: | 2024-02-01 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Lewis Hamilton of Mercedes ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates on November 26, 2023. Seven-time Formula 1 world champion Lewis Hamilton is on the cusp of a surprise move from Mercedes to Ferrari for the 2025 season, according to multiple media reports. Hamilton first signed with Mercedes in 2013 and went on to win six of his seven world titles with the team between 2014 and 2020. If Hamilton were to leave Mercedes for Ferrari, it is reported he would likely replace Ferrari's Carlos Sainz given that his teammate, Charles Leclerc, recently signed a fresh contract extension. The start of the next Formula 1 season gets underway in Bahrain from Feb. 29.

Persons: Lewis Hamilton, Mercedes, Hamilton, it's, Toto Wolff, Ferrari's Carlos Sainz, Charles Leclerc Organizations: Abu, Prix, Yas Marina Circuit, United, United Arab Emirates, Ferrari, Sky Sports, BBC Sport, ESPN, CNBC, Mercedes, Hamilton Locations: Abu Dhabi, United Arab, Bahrain

☆ 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

☆ Max Verstappen ends record-breaking season with Abu Dhabi Grand Prix win
▼ + stars: | 2023-11-26 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —And so the curtain falls on a Formula One season dominated by Max Verstappen and his Red Bull team, with the Dutchman securing a record-extending 19th victory of the year at the Abu Dhabi Grand Prix. Never before has the sport seen a driver win with such regularity and ease, the three-time world champion again comfortably crossing the finishing line first at the season-ending race at the Yas Marina Circuit. Verstappen led from start to finish to secure his fourth win on the trot in Abu Dhabi. “It was an incredible season,” Verstappen told reporters. At one point, it seemed probable rather than possible that the team would win every race of the season, an outcome that faded away when Ferrari’s Carlos Sainz won the Singapore Grand Prix.

Persons: Max Verstappen, Lewis Hamilton, Michael Schumacher, Verstappen, Ferarri’s Charles Leclerc, Sergio Perez –, ” Verstappen, Ferrari’s Carlos Sainz, Bull Organizations: CNN, Red Bull, Grand Prix, Yas Marina Circuit, Singapore, Prix, Las Vegas Locations: Abu, Grand, Abu Dhabi

☆ 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

☆ Hamilton denies Red Bull talks, accuses Horner of 'stirring'
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +3 min

Horner told the Daily Mail newspaper there had been "several conversations over the years" about Hamilton joining the team who are currently dominant with triple world champion Max Verstappen. Most recently, earlier in the year, there was an inquiry about whether there would be any interest," said the team boss. "SERIOUS TALKS"Horner told the Daily Mail that Hamilton, who has not won a race since 2021, also had talks with Ferrari chairman John Elkann earlier in the year. There were definitely conversations, perhaps with (Ferrari team boss Fred) Vasseur, too. Hamilton, who has said he sees himself at Mercedes "until my last days", denied the Ferrari speculation at the time.

Persons: Lewis Hamilton, Christian Horner, Red Bull Formula, Horner, Hamilton, Max Verstappen, Abu, messaged, I've, Mercedes, Ferrari, Verstappen, Red Bull, John Elkann, Fred, Vasseur, Elkann, Alan Baldwin, Ken Ferris, Toby Davis Organizations: Red Bull, Briton, Mercedes, Daily Mail, Prix, Sky Sports, FIA, Thomson Locations: ABU DHABI, Abu Dhabi, Monaco, London

☆ Mercedes watching Massa case with interest, says Wolff
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

Former Ferrari driver Massa lost that title by a point to Lewis Hamilton, now at Mercedes and a seven-time world champion. The Brazilian, 42, says an alleged "conspiracy" denied him the title because the sport's leaders knew the 2008 Singapore Grand Prix was manipulated but took no action until a year later. Wolff suggested that outcome could also be challenged if Massa were to succeed with his case. "The FIA commented on the 2021 race with a clear statement so that's why we are looking at it with interest," he said. The governing FIA said in March 2022 after an enquiry that "the results of the 2021 Abu Dhabi Grand Prix and the FIA Formula One World Championship are valid, final and cannot now be changed."

Persons: Felipe Massa, Edgar Su, Felipe Massa's, Toto Wolff, Massa, Lewis Hamilton, Nelson Piquet, Fernando Alonso, Wolff, Hamilton, Max Verstappen, Michael Masi . Wolff, Alan Baldwin, Ken Ferris Organizations: Singapore, Circuit, Rights, Ferrari, Mercedes, Renault, FIA, Abu, Prix, Thomson Locations: Singapore, Rights SINGAPORE, Abu Dhabi, London

Hong Kong CNN —A corruption investigation in Singapore has expanded to include Ong Beng Seng, a hotel tycoon best known for bringing the Formula 1 Grand Prix to the wealthy city state. The agency had earlier launched an investigation into a case involving the transport minister, in a rare corruption probe involving a cabinet-level official. Ong’s company said he had posted bail of 100,000 Singapore dollars ($76,000) after being given a notice of arrest. Ong is also the sole shareholder of the Singapore Grand Prix, organizer of the marquee sporting event, his spokesperson confirmed to CNN. Rare caseThe news about Ong emerged just days after Prime Minister Lee Hsien Loong asked the transport minister to take a leave of absence.

Persons: Ong Beng Seng, Ong, “, Lee Hsien Loong, Iswaran, CPIB, Lee, Eugene Tan, Bernie Ecclestone, Hoch, Lawrence Wong, ” Organizations: Hong Kong CNN, Hotel Properties, Practices, Transport, Singapore, Prix, CNN, Singapore Management University, Party Locations: Hong Kong, Singapore, Properties, Maldives, Malaysia, London, Bangkok, Abu

☆ 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

☆ Formula One under scrutiny over balance between safety and entertainment
▼ + stars: | 2023-04-03 | by ( Ian Ransom | ) www.reuters.com time to read: +4 min

Stewards had hoped racing would decide the winner but the carnage only served to trigger a third red flag and a processional win behind a safety car for Red Bull's Max Verstappen. DAMAGE BILLSStriking the right balance between safety and sport has long challenged Formula One, which moved to tighten its safety car rules after controversy hit the title-deciding 2021 Abu Dhabi Grand Prix. Officials no longer have such discretion but the application of safety car rules continues to flummox drivers and team bosses alike. Mercedes boss Toto Wolff said he was not sure when to expect a standard safety car versus a virtual one or a red flag after incidents. "Standing starts are the most vulnerable part of any grand prix and we did three of them," said Red Bull boss Christian Horner.

☆ That's just how F1 is, says Hulkenberg on Schumacher's exit
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +2 min

Nov 21 (Reuters) - Germany's Nico Hulkenberg showed little sympathy on Monday for Mick Schumacher after replacing his younger compatriot at the Haas Formula One team next season. "That’s just how F1 is and ultimately the driver, when he’s racing, he has to convince the team with performance. Le Mans 24 Hours winner Hulkenberg has started 181 races but last raced full-time in Formula One in 2019 with Renault, now Alpine. Hulkenberg said the desire to get back on the grid had returned this season and he contacted Haas team boss Guenther Steiner. Times have moved on, both drivers now have young daughters and Hulkenberg said he expected a good relationship.

☆ 'You're going to come back', Hamilton tells retiring Vettel
▼ + stars: | 2022-11-17 | by ( Abhishek Takle | ) www.reuters.com time to read: +3 min

ABU DHABI, Nov 17 (Reuters) - Seven-times world champion Lewis Hamilton said on Thursday that he expected his old rival Sebastian Vettel to make a Formula One comeback. The 35-year-old four-times champion is bowing out of the sport after the Abu Dhabi Grand Prix on Sunday but Hamilton believes the 53-time grand prix race winner will find the lure of F1 hard to resist. "Obviously after the change from Ferrari to Aston Martin at that time it was the first time I really thought it might be the time to stop...," he added. Vettel jokingly suggested he could agree some sort of a swap with Hamilton, who turns 38 in January but is keen on extending his Mercedes deal. "We can make a deal ... when you want to get away, maybe then (I want to come back)," he said.

☆ Red Bull driver rift adds spice to Abu Dhabi finale
▼ + stars: | 2022-11-16 | by ( Abhishek Takle | ) www.reuters.com time to read: +3 min

The Red Bull rift could bring fresh drama to Yas Marina, the circuit where last year Verstappen won his first title and denied Lewis Hamilton a record eighth in a massively controversial clash. read moreVerstappen has little at stake this time, having wrapped up his second title in Japan last month, but can expect a grilling from the world's media after leaving his motives a mystery at Interlagos. read morePerez acidly accused Verstappen of showing "who he really is" in refusing to hand back a place as requested by Red Bull who want the Mexican to end the season second overall. "I am sure that this race will bring back plenty of happy memories from the last 15 years," said the 35-year-old. The German could join them on the sidelines with Haas widely tipped to announce Nico Hulkenberg alongside Kevin Magnussen for next season.

CNN —Red Bull driver Max Verstappen finished in first place at the Mexican Grand Prix to claim his record-setting 14th win of the season on Sunday. Earlier in October, Verstappen claimed his second career world championship at the Japanese Grand Prix, and last week he won the US Grand Prix in Austin, Texas, which saw him share the record for number of season race wins. Red Bull pitted their drivers first, opting for medium tires while Hamilton fitted hard tires so that he would not have to pit again. RBR were found to have breached the cost cap by £432,652 ($501,409). That comes in from now, it has a direct effect on next year’s car and it will be in place for a 12-month period.”Two races remain on the F1 calendar for Verstappen to add to his record tally with the Brazilian Grand Prix scheduled on November 13 and the Abu Dhabi Grand Prix on November 20.

☆ Red Bull owner Dietrich Mateschitz dies aged 78
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +3 min

Red Bull owner Dietrich Mateschitz (R) congratulates Red Bull Formula One driver Sebastian Vettel of Germany for winning the championship and the Abu Dhabi Grand Prix at the Yas Marina circuit November 14, 2010. REUTERS/Ahmed JadallahOct 22 (Reuters) - Dietrich Mateschitz, the Austrian billionaire founder and owner of energy drink company Red Bull, died on Saturday at the age 78 after a serious illness with cancer. The Styrian-born entrepreneur built a global empire around the energy drink Red Bull and was considered the richest man in Austria. The group achieved a turnover of 7.8 billion euros in 2021 and sold 9.8 billion Red Bull cans worldwide. Mateschitz was also the founder and owner of Red Bull Racing, a Formula 1 racing team based in Milton Keynes, Britain.

☆ Red Bull F1 team mourn death of founder Mateschitz at 78
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: +2 min

Formula One - F1 - Abu Dhabi Grand Prix 2010 - Yas Marina Circuit, Abu Dhabi, United Arab Emirates - 14/11/10 (L-R) Red Bull Racing Chief Technical Officer Adrian Newey, Team Principal Christian Horner, CEO and Founder of Red Bull Dietrich Mateschitz and Red Bull Motorsport Consultant Dr Helmut Marko Mandatory Credit: Action Images / Crispin ThrustonAUSTIN, Texas, Oct 22 (Reuters) - Formula One and the championship-leading Red Bull team mourned the death of the energy drink company's Austrian founder Dietrich Mateschitz on Saturday at the age of 78. Red Bull Racing principal Christian Horner confirmed the news ahead of qualifying for the U.S. Grand Prix in Austin, Texas, where the team can clinch a fifth constructors' championship. Mateschitz bought the Ford-owned Jaguar team at the end of 2004 and turned it into Red Bull Racing, an outfit whose maverick image masked a fierce competitive spirit. The Austrian also bought the Italy-based Minardi team and renamed it Toro Rosso, the Italian for Red Bull. "He was an incredible visionary entrepreneur and a man who helped to transform our sport and created the Red Bull brand that is known all around the world."

☆ Dietrich Mateschitz, Red bull owner, dies aged 78, Sky News reports
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: 1 min

Red Bull owner Dietrich Mateschitz (R) congratulates Red Bull Formula One driver Sebastian Vettel of Germany for winning the championship and the Abu Dhabi Grand Prix at the Yas Marina circuit November 14, 2010. REUTERS/Ahmed JadallahOct 22 (Reuters) - Dietrich Mateschitz, the billionaire founder and owner of energy drink company Red bull, died at the age 78, Sky News reported on Saturday. Register now for FREE unlimited access to Reuters.com RegisterReporting by Akanksha Khushi in Bengaluru; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "Abu Dhabi Grand"

20 mentions found