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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
UFC media rights are up for renewal next year, and TKO Group Chief Operating Officer Mark Shapiro tells me he thinks Netflix could be getting in the ring. "I think absolutely, they'll be at the table on UFC," Shapiro said in an exclusive CNBC Sport interview. Still, even with the WWE deal, Netflix didn't fully embrace its new role as a platform for live sports. "I think absolutely, they'll be at the table on UFC," Shapiro said in an exclusive CNBC Sport interview. Still, even with the WWE deal, Netflix didn't fully embrace its new role as a platform for live sports.
Persons: Alex Sherman, Mark Shapiro, Shapiro, They've, We've, Ted Sarandos, Sarandos, it's, Jake Paul, Mike Tyson, Netflix hasn't, we're, Tyson, Paul, It's, Vince McMahon, McMahon, He's, he's, , We're, Dick Clark, Paul Levesque, Dana White, Stan Kasten, Adam Silver, Adam, I'm, That's, Juan Soto, Shohei, Ohtani, Kasten, Jonathan Kraft, Sportico's, Kraft, Babe Ruth, Collect, Ruth, Red Ruth, Deiveson Figueiredo, Brandon Moreno, Louis Grasse Organizations: CNBC, UFC, Netflix, WWE, Disney, MMA, National Football League, NFL, Dick Clark Productions, Golden Globe, , Professional Bull Riders, Endeavor, PGA Tour, Comcast, Dodgers, NBA, Major League Baseball, New York Yankees, Nice, CNBC Sport, Ham Fighters, Summer, NBC, Tennis, Consumers, New England Patriots, Boise State, Louis Locations: U.S, Canada, It's, Los Angeles, Ohtani's, Hokkaido Nippon, Oregon, Gila, Glendale , AZ
How F1 can help engineer the world's net-zero future
  + stars: | 2024-11-04 | by ( Chris Hawes | ) www.cnbc.com   time to read: +4 min
F1 produced 223,031 metric tons of carbon dioxide equivalent in 2022, with almost 75% coming from travel and shipping. Unlike soccer, which produces more than 30 million metric tons per year by some estimates, F1 has the engineering capabilities to provide solutions. As reported in April, these goals are difficult to square with F1's decision to increase the number of races in its calendar. The final pedal F1 can push is energy efficiency, and teams are already looking for ways to transfer learnings from the track to their infrastructure. "We want to take that approach ... and apply it to the building and infrastructure side of the campus as well."
Persons: Sustainability Kim Wilson, Pat Symonds, We've, Ellen Jones, we've, Sustainability Adam Sammons, Red Bull Organizations: Health Service, McLaren, Sustainability, CNBC, Formula One, EU, petro
Bryn Lennon - Formula 1 | Formula 1 | Getty ImagesDoing this with a digital twin allows teams to develop strategies for different circuits. With 24 races on the schedule and only a handful of days in between, forecasting track performance is critical to ensuring engineers are ready to make any necessary changes. While teams are allowed up to 60 operational staff at the track on race days, each is communicating with analysts back at headquarters. "Everyone there will be looking at their computer and providing feedback to the racetrack engineers with recommendations that can be actioned onto the race car." With the cost-cap limiting budgets to $135 million per year, automating repetitive tasks is crucial to ensuring teams are using their resources efficiently.
Persons: Williams, James Vowles, CNBC's, Dan Keyworth, Red Bull, Max Verstappen, Lewis Hamilton of, Bryn Lennon, Britain's, Ben Waterhouse, Red, there's, Alessio Morgese Organizations: McLaren, CNBC, Mercedes, Oracle Red Bull Racing, of Great Britain, Silverstone Circuit, Engineers, Miami, Getty, Nurphoto Locations: Lewis Hamilton of Great Britain, Netherlands, parc ferme, Northampton, England, Monaco, Miami, USA
Lionel Messi of Inter Miami competes during a friendly match between Inter Miami and Newell's Old Boys at DRV PNK Stadium in Fort Lauderdale, Florida on February 15, 2024. Major League Soccer scored several regular season records, including for attendance and sponsorship, thanks in part to international super star Lionel Messi — and corporate strategy. Nearly 11.5 million people attended MLS matches during the regular season — which ended this past weekend — the most in its history, according to data from the league. Each match during the 2024 season averaged 23,234 attendees, the highest ever for the regular season. Last year, MLS' Inter Miami signed Messi, which caused a surge in attendance, jersey and other product sales, and overall fanbase engagement.
Persons: Lionel Messi, Lionel Messi —, Messi, Luis Suárez Organizations: Inter Miami, Major League Soccer, MLS, National Basketball Association, Messi, U.S . Locations: Fort Lauderdale , Florida
Charles Leclerc of Monaco driving the (16) Ferrari SF-23 on track during practice ahead of the F1 Grand Prix of Las Vegas at Las Vegas Strip Circuit on November 17, 2023 in Las Vegas, Nevada. Mark Thompson | Getty Images Sport | Getty ImagesWhen Liberty Media Chairman John Malone finalized the $4.4 billion acquisition of Formula One in 2017, he knew he was onto something. Mark Thompson | Getty Images Sport | Getty ImagesEvening out the field created more exciting story lines, which Netflix seized on. But to crack America, F1 needed a spectacle, and the 2023 Las Vegas Grand Prix would provide it. Mark Thompson | Getty Images Sport | Getty Images
Persons: Charles Leclerc of Monaco, Ferrari, Mark Thompson, John Malone, Fred Vasseur, — Ferrari, Red Bull, Mercedes AMG, Zak Brown, CNBC's, Max Verstappen, Stuart Pringle, Malone, Brown, Stefano Domenicali, Alexander Albon, Williams FW45 Mercedes, Kevin Magnussen, Haas, Autodromo Jose Carlos Pace Organizations: Las Vegas, Circuit, Getty, Liberty Media, Formula, Liberty, Ferrari HP, Constructors, Honda, McLaren Racing, Oracle Red Bull, Prix, Qatar, Lusail, Netflix, Silverstone, CNBC, Dells, Miami, Austin, Vegas, Autodromo Jose Locations: Las Vegas , Nevada, Netherlands, parc ferme, Lusail City, Qatar, U.S, Vegas, Thailand, Denmark, Brazil, Sao Paulo
The NBA logo is seen outside an NBA store in New York on July 8, 2024. Under the terms of the deal, Nike will be the leagues' global outfitting, merchandising, marketing and content partner until 2037. As the largest athletic apparel company in the world, Nike has long been a favorite among professional sports leagues and their athletes. Despite Nike's recent stumbles, the NBA told CNBC it has no concerns about continuing its partnership with the apparel company. Nike has not faced significant criticism for its basketball uniforms.
Persons: Elliott Hill, Sal LaRocca, They've, LaRocca, you'll, LeBron James, Kevin Durant, Caitlin Clark, Sabrina Ionescu Organizations: NBA, Nike, National Basketball Association, National Football League, Major League Baseball, CNBC, MLB, ESPN, WNBA Locations: New York
Read previewWarning: Spoilers ahead for the first episode of "Orphan Black: Echoes." Nearly seven years after the series finale of "Orphan Black," the clone-centered sci-fi show is returning with a new spinoff, "Orphan Black: Echoes." Lucy's creator is Kira Manning (Keeley Hawes), the daughter of "Orphan Black" lead character Sarah Manning (Maslany). "Orphan Black: Echoes" showrunner Anna Fishko and "Orphan Black" co-creator John Fawcett. AdvertisementNew episodes of "Orphan Black: Echoes" air on Sundays on AMC and BBC America and stream on AMC+.
Persons: , Anna Fishko, Lucy, Krysten Ritter, Tatiana Maslany, Fishko, Tatiana, Tatiana Maslany doesn't, JC Olivera, Kira Manning, Keeley Hawes, Sarah Manning, Kira, Aunt Cosima, Cosima Niehaus, Felix, Jordan Gavaris, Siobhan, Maria Doyle Kennedy, John Fawcett, Rick Kern, who'd, Ritter, Amanda Fix, Sophie Giraud, Kristen Organizations: Service, Business, Street Productions, BBC, Bell Media, BI, Getty, AMC Networks, Clone, AMC Locations: BBC America
Where to watch Orphan Black Echoes in the USOrphan Black: Echoes airs on AMC on Sunday nights in the US. Shop at SlingWhere to watch Orphan Black Echoes in the UKAll episodes of Orphan Black: Echoes are available to stream on ITVX in the UK. Where to watch Orphan Black Echoes in AustraliaAll episodes of Orphan Black: Echoes are available to stream on Stan in Australia. Where to watch Orphan Black Echoes in New ZealandAll episodes of Orphan Black: Echoes are available to stream on TVNZ in Australia. How to watch Orphan Black Echoes with a VPNSign up for a VPN if you don't already have one.
Persons: Tatiana Maslany, Maslany, Krysten Ritter, Keeley Hawes, Ritter, Philo, Black, Lucy Organizations: Business, Clone, New, CTV, BBC America, AMC, Sling, TVNZ Locations: New Zealand, Australia, Zealand
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
F1 dispute with Andretti Global draws in U.S. lawmakers
  + stars: | 2024-05-24 | by ( Chris Hawes | ) www.cnbc.com   time to read: +5 min
Anna Moneymaker | Getty ImagesA dispute over whether to accept American motorsports giant Andretti Global as Formula One's 11th team is reaching boiling point. It's the latest twist in the Andretti saga, which started in October 2023 when the sport's governing body, the FIA, approved the American team's bid to join the grid. Three months later, F1, the sport's commercial arm, quashed the bid, arguing that Andretti wouldn't be competitive in 2025 or 2026. These new entrants would also be obliged to operate out of a region not currently represented by F1 teams. It isn't just in Washington where support for Andretti is growing, explained Andretti.
Persons: Mario Andretti, John James, Anna Moneymaker, Michael, Andretti, Stefano Domenicali, Domenicali, Tim Milne, Lewis Butler, Tim Cook, Red Bull's Max Verstappen Mike Segar, Zac Brown, it's, Fernando Alonso Organizations: Washington , DC, Andretti, Capitol, General Motors, Andretti Global, One's, Miami Grand, Liberty Media, NBC News, FIA, Formula, One, CNBC, Las Vegas, Prix, U.S, F1, United, Reuters Locations: Washington ,, U.S, Las Vegas, Saudi Arabia, United States, Americas, Austin , Texas, Washington, Miami
Carlos Sainz of Ferrari during second practice ahead of the Formula 1 Las Vegas Grand Prix at Las Vegas Strip Circuit in Las Vegas, United States on November 17, 2023. Proponents of the "Netflix effect" often point to a poll taken in 2022 which found 28% of American adults considered themselves to be F1 fans, with more than half crediting "Drive to Survive." If this were true it would mean there were an incredible 72 million F1 fans in the U.S. alone. This argument runs out of road slightly however, when you consider that only 2 million Americans tuned in to watch the 2023 Miami Grand Prix. Today, F1 fans are estimated to be around 40% female, up from just 8% in 2017, as well as significantly more culturally diverse.
Persons: Carlos Sainz, Ferrari, Jakub Porzycki, Nielsen, it's, Toni Cowan, Brown, Cowan, Zak Brown, McLaren, It's, Buzz Radar, TJ Adeshola, Aston Martin, McLaren Unboxed, Lando Norris, Oscar Piastri, Thaier Organizations: Las Vegas, Nurphoto, Netflix, ESPN, IndyCar, NASCAR, Prix, Miami Grand Prix, CNBC, North, Anp, Getty, YouTube, Liberty Media, Aston, Aston Martin Racing, Buzz, Formula, sudani Locations: Las Vegas, United States, U.S, North America, North American, Nevada, Aston Martin, Australia, Bahrain
Oscar Piastri of McLaren during the Formula 1 Saudi Arabian Grand Prix at Jeddah Corniche Circuit in Jeddah, Saudi Arabia on March 9, 2024. But with the Japanese Grand Prix this coming weekend, F1's beleaguered boss Stefano Domenicali will finally be able to provide a rebuttal. F1's growing ambitions in the Middle East and the U.S. have at times transcended the sport. Las Vegas airports dealt with 400 private jets arriving for the Grand Prix, while Singapore saw a 63% increase in September flight arrivals compared to the previous year when its Grand Prix was pushed into October. Third placed Carlos Sainz of Spain and Ferrari celebrates on the podium during the F1 Grand Prix of Italy at Autodromo Nazionale Monza on September 03, 2023 in Monza, Italy.
Persons: Oscar Piastri, Stefano Domenicali, Alexander De Croo, Domenicali, Clive Mason, Stephane Bazire, Bazire, I've, Stefano, Colin Syn, We've, Francois Dumontier, Madeleine Orr, Paul Fowler, Carlos Sainz of, Dan Istitene Organizations: McLaren, Formula, Saudi, Jeddah Corniche, Nurphoto, Getty, United Arab, U.S, Belgian, Formula One, of Australia, Albert, Circuit, F1, Silverstone, CNBC, Las, Prix, Singapore, Singapore Grand Prix, Canadian, Italy's Emilia, Grand Prix, Williams, DHL, Ferrari, of, Autodromo Nazionale Monza Locations: Jeddah, Jeddah Corniche Circuit, Saudi Arabia, Belgium, Monza, Italy, Monaco, United Arab Emirates, Europe, America, Las Vegas, Singapore, Japan, Miami, Grand, Canada, Australia, Carlos Sainz of Spain
Fruits and vegetables grown on urban farms have on average six times the carbon footprint of produce from conventional farms, the study, which was published in the peer-reviewed journal Nature Cities , found. Hawes said that produce grown on 17 out of the 73 urban farms his team studied across five countries had lower carbon footprints than produce from conventional farms. Rushdan also argued that urban farms are a much more sustainable use of land than commercial or industrial development. The letter also alluded to the structural problems that can prevent urban farms from being more permanent, including commercial development and barriers to landownership. "Our work does not lessen the many benefits that urban agriculture provides," Hawes said in an email.
Persons: shockwaves, Jason Hawes, Hawes, Rushdan, Detroit's, Benjamin Goldstein, Goldstein, they'd, Monica Fitzgerald Organizations: Service, University of Michigan, Nature, YouTube, Business, University of Michigan School for Environment, Sustainability, Detroit, BI, US Department of Agriculture Locations: Detroit, Philadelphia, Washington, DC, Boulder , Colorado
The trove of investigation documents released Thursday includes a timeline of images from Mohamed Barakat’s apartment and surveillance cameras that map his movements before the July 14 shooting as officers investigated a routine traffic crash. Barakat shot and killed one Fargo police officer and wounded two other officers and a bystander before a fourth officer killed him in an exchange of gunfire. Images taken from video on the night before the shooting show a tactical vest on Barakat's apartment floor, Barakat checking his door while holding a gun and a cellphone, and later assembling a short-barreled shotgun. Much of his subsequent movements involved driving around Fargo, returning several times to his garage and at least twice to his apartment. A fourth officer, Zach Robinson, fired back with a 9 mm handgun, shooting the clip of Barakat's rifle and effectively disabling it.
Persons: Mohamed Barakat’s, Barakat, he’s, General Drew Wrigley, Wrigley, ” Wrigley, Jake Wallin —, , Andrew Dotas, Tyler Hawes, Zach Robinson, Robinson, Claudia Lauer Organizations: N.D, North Dakota, Associated Locations: BISMARCK, Fargo , North Dakota, Fargo, Syrian, U.S, Downtown Fargo, Philadelphia
Free2Move Paris electric vehicles by Groupe PSA are displayed outside Paris city hall as the French car maker launches its free-floating car-sharing service in Paris, France, November 29, 2018. The Society of Motor Manufacturers and Traders (SMMT) said those same rules will also add 3,600 pounds to the average British-built EV sold in Europe. Automakers and industry groups like the SMMT have called for a three-year delay to implementing the rules of origin. The European Automobile Manufacturers' Association (ACEA) has said the rules could cost carmakers up to 4.3 billion euros ($4.53 billion) in tariffs and hit output. In June, Stefan Fuehring, a European Commission official overseeing the post-Brexit EU-UK trade agreement, said the EU rules of origin were "fit for purpose" and that the bloc was not considering changing them.
Persons: Gonzalo Fuentes, Mike Hawes, Stellantis, Stefan Fuehring, Nick Carey, Bernadette Baum Organizations: Groupe PSA, REUTERS, The Society of Motor Manufacturers, Traders, EU, European Union, Ford, European Automobile Manufacturers ' Association, European Commission, Thomson Locations: Paris, France, Britain, Europe, British, EU
A Union Jack flag flutters in front of the Houses of Parliament in London, Britain, November 5, 2019. REUTERS/Hannah McKay/File photo Acquire Licensing RightsLONDON, Oct 16 (Reuters) - Britain and South Korea have agreed to extend a period of low or zero tariffs on bilateral trade by two years, ahead of talks to forge a new trade deal, the British government said on Monday, in a boost for the car industry. Annual trade between Britain and South Korea is worth 18 billion pounds ($21.9 billion), and the two sides will begin talks later this year on a new trade deal. Britain's minister for international trade, Nigel Huddleston, said extending the tariff-free period would provide welcome certainty for businesses. "This is fantastic news for UK businesses who can continue selling their fantastic goods with confidence to South Korea," Huddleston said.
Persons: Hannah McKay, Nigel Huddleston, " Huddleston, Mike Hawes, Hawes, Sachin Ravikumar, William James, Louise Heavens Organizations: REUTERS, European Union, EU, Society of Motor Manufacturers, Traders, Thomson Locations: London, Britain, South Korea, British, EVs
NEW ORLEANS (AP) — Louisiana folklorist Nick Spitzer and Mississippi blues musician R.L. Boyce are among nine 2023 National Heritage Fellows set to be celebrated later this month by the National Endowment for the Arts, one of the nation’s highest honors in the folk and traditional arts. He founded the Louisiana Folklife Program, produced the five-LP Louisiana Folklife Recording Series, created the Louisiana Folklife Pavilion at the 1984 World’s Fair in New Orleans and helped launch the Baton Rouge Blues Festival. “But see, I play the old way, and nobody today can play my style, just me.”Boyce has played northern Mississippi blues for more than half a century. He has shared stages with blues greats John Lee Hooker, a 1983 NEA National Heritage Fellow, and Howlin’ Wolf.
Persons: Nick Spitzer, R.L, Boyce, Spitzer, Bess Lomax Hawes, ” Spitzer, Willie Nelson, Ray Charles, Dolly Parton, Fats Domino, , Hawes, ” Boyce, , John Lee Hooker, Howlin ’ Wolf, Jessie Mae Hemphill, Ed Eugene Carriere, Michael A, Cummings, Joe DeLeon “ Little Joe ” Hernandez, Roen, Elizabeth James, Perry, Luis Tapia, Wu Man Organizations: ORLEANS, Heritage Fellows, National Endowment, Arts, Heritage Fellowship, Library of Congress, Washington , D.C, Tulane University’s School of Liberal Arts, Tulane, Louisiana Folklife Program, Louisiana Folklife, Baton Rouge Blues, Smithsonian’s Center for Folklife, Heritage, Associated Press, NEA, Blues, Heritage Fellow Locations: Louisiana, Mississippi, Washington ,, New Orleans, Acadiana, Washington, Indianola , Washington, New York, Temple , Texas, Waimea , Hawaii, Dartmouth , Massachusetts, Santa Fe , New Mexico, Carlsbad , California
LONDON, Sept 20 (Reuters) - The transition to electric cars in Britain will be hindered by any confusion over climate policy, the auto industry's trade body said on Wednesday, following reports that the government was planning to delay a 2030 ban on new petrol car sales. "The automotive industry has and continues to invest billions in new electric vehicles as the decarbonisation of road transport is essential if net zero is to be delivered," Society of Motor Manufacturers and Traders Chief Executive Mike Hawes said. "To make this a reality, however, consumers must want to make the switch, which requires from government a clear, consistent message, attractive incentives and charging infrastructure that gives confidence rather than anxiety," he added. "Confusion and uncertainty will only hold them back." Reporting by Sachin Ravikumar; editing by William JamesOur Standards: The Thomson Reuters Trust Principles.
Persons: Mike Hawes, Sachin Ravikumar, William James Our Organizations: Society of Motor Manufacturers, Traders, Thomson Locations: Britain
LONDON (AP) — Prime Minister Rishi Sunak is preparing to water down some of Britain's environmental commitments on Wednesday, saying the country must fight climate change without penalizing workers and consumers. “For too many years, politicians in governments of all stripes have not been honest about costs and trade-offs," Sunak said. U.K. greenhouse gas emissions have fallen by 46% from 1990 levels, mainly because of the almost complete removal of coal from electricity generation. The government had pledged to reduce emissions by 68% of 1990 levels by 2030 and to reach net zero greenhouse gas emissions by 2050. Automakers, who have invested heavily in the switch to electric vehicles, expressed frustration at the government's apparent change of plan.
Persons: Rishi Sunak, Sunak, backtrack, Prince William —, Doug Parr, , Parr, Mike Hawes, Lisa Brankin, Tara, Hargreaves Lansdown, ” Copp, Sadiq Khan, “ We’re, Suella Braverman, Alok Sharma Organizations: , Conservative Party, United Nations General Assembly, Greenpeace, Society of Motor Manufacturers, Traders, Ford, ” Britain's, Labour, London’s Labour, BBC Locations: Britain, New York, London Uxbridge, Glasgow
U.K. Prime Minister Rishi Sunak speaks to the media during his visit to Shell St Fergus Gas Plant in Peterhead on July 31, 2023 in Aberdeenshire, Scotland. LONDON — U.K.-based industry bodies and automakers on Wednesday criticized British Prime Minister Rishi Sunak, amid reports that he is preparing to dilute several key net-zero climate pledges. A press representative for the prime minister's office declined to comment on the BBC report. However, interior minister Suella Braverman on Wednesday insisted in broadcast comments that the prime minister's approach to green policies was "pragmatic." On the long term, weakening the UK climate policies "could hurt economic growth by undermining domestic and overseas investment in a range of sectors that are developing and deploying clean technologies, such as heat pumps and electric vehicles.
Persons: Rishi Sunak, Sunak, Lisa Brankin, Brankin, Mike Hawes, Chris Skidmore, Suella Braverman, Bob Ward, Chris Hewett Organizations: Shell St Fergus Gas Plant, LONDON, British, BBC, Ford, Society of Motor Manufacturers, Traders, Ministers, Conservative Party, Labour, Grantham Research, Solar Energy Locations: Shell, Peterhead, Aberdeenshire, Scotland, Britain, Grantham, U.S, China, EU, India
A relaxation of 2030 would undermine all three,” Ford (F) UK chair Lisa Brankin said in a statement. “We and the whole automotive industry [need] clarity on the [EV] topic,” the German carmaker said in a statement shared with CNN. ‘Confusion’ will delay switch to EVsThe UK auto industry has been clawing its way back from rock bottom after car manufacturing hit a 66-year low in 2022. Reducing emissions from road transport “is the only way that you will achieve net zero,” Hawes told the BBC. The government’s own independent adviser on climate policy, the Climate Change Committee shares that view.
Persons: carmakers, Rishi Sunak, Sunak, , , Sunak’s, ” Ford, Lisa Brankin, Brankin, carmaker, Mike Hawes, ” Hawes, Jobs, Sadiq Khan, ” Sunak, “ We’re, Alok Sharma, Simon Clarke, EVs, — Gemma Blundell, Doyle, Anna Cooban, Laura Paddison, Rob Picheta Organizations: London CNN, BMW, Oxford, Swindon, CNN, Fiat, Peugeot, Fiat Chrysler, France’s, India’s Tata Group, Society of Motor Manufacturers, Traders, BBC, Conservative Party, Labour Party’s London, Conservative Locations: Germany, France, Spain, Italy, Canada, Sweden, Ellesmere Port, Liverpool, Britain, London, Glasgow
Aug 31 (Reuters) - Britain's car production rose for the sixth consecutive month in July as automakers continued to recover from global chip shortages, an industry body said on Thursday. "Six months of growth shows that British car production is recovering and, with electrified models increasingly driving volumes, the future is more positive," said SMMT Chief Executive Mike Hawes. The total number of cars produced, however, remained 29.4% lower from the pre-pandemic levels seen in July 2019. The UK's car industry, a significant driver of manufacturing and exports, got a boost last month when India's Tata Motors (TAMO.NS) committed to build a major EV battery plant in Britain to supply its Jaguar Land Rover factories. SMMT had said in July it could take five more years for Britain to return to producing 1 million or more cars a year.
Persons: Mike Hawes, India's Tata, Hawes, SMMT, Anchal Rana, Shilpi Majumdar Organizations: Society of Motor Manufacturers, Traders, India's Tata Motors, EV, Rover, Thomson Locations: Britain, Bengaluru
The new plant is expected to be built in Somerset, south-west England, while Jaguar Land Rover's UK factories are based near Birmingham, central England. With an initial output of 40 gigawatt hours, Britain said the factory would provide almost half of the battery production needed by 2030. The Faraday Institution has projected UK battery demand to reach over 100 GWh a year by that time. "With this strategic investment, the Tata Group further strengthens its commitment to the UK," Tata Sons Chairman N Chandrasekaran said in the statement. "Almost every car producing nation in the world (is) offering a lot of incentives in order to ensure that they preserve the integrity of their car industry," he said.
Persons: Danish Siddiqui, Rishi Sunak's, Sunak, N Chandrasekaran, Mike Hawes, Andy Palmer, Aston Martin, Jeremy Hunt, wouldn't, Alistair Smout, Sarah Young, William James, Paul Sandle, Emma Rumney Organizations: Tata Motors, REUTERS, Danish, India's Tata Group, Rover, Tata, BBC, European Union, Nissan, Rover's, Faraday, Tata Group, EV, BBC Radio, Britain, Thomson Locations: Mumbai, India, Britain, Spain, Somerset, England, Birmingham, United States, Europe, China, EU
UFC 288 will stream live from Newark, New Jersey, on May 6, with bantamweight champion Aljamain Sterling set to defend his title against Henry Cejudo. The main card of UFC 288 will be a pay-per-view event, and you can order it to watch on ESPN+ for $80. How to watch UFC 288 in the USYou can watch the main event of UFC 288 on ESPN+ at 10 p.m. Ways to save on the UFC 288 pay-per-view priceIf you plan on signing up for ESPN+ to watch UFC 288, you can snag a discounted package. How to watch UFC 288 in CanadaIn Canada, UFC 288 will be available to watch from multiple pay-per-view TV providers, including Bell, Rogers, Shaw, and Telus.
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