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F1 2022

Races at this time of day can cost me loads as we go to the bar so early :( but the last 8 years I've had loads of free meals so I can't really complain too much :thumbs:
 
Can see Lewis being pissed at the team
and quite rightly pissed of at George for going into business for himself
 
It will not be for many years if we ever do, depends on the kids really, they've started talking about it
All I'll say is that international living has been superb for both my kids. It's like turbo-charging their personality, cultural sophistication and wisdom.

Other people's mileage may vary, etc.
 
All I'll say is that international living has been superb for both my kids. It's like turbo-charging their personality, cultural sophistication and wisdom.

Other people's mileage may vary, etc.
My 3 oldest have lived in a few countries and all have kids themselves, our youngest is still at Uni and thinks he wants to live in Europe for a while when he qualifys. We'll take our time there is no rush :) LOL

They are all multilingual so that isn't a concern :thumbs:
 
Saluti a tutti. The next GP is in Italy, next weekend.

The telly times are (so far, subject to dickheads fucking around, a la Dutch GP), in the UK:

Fri 9 Sep
FP1 - 13:00
FP2 - 16:00

Sat 10 Sep
FP3 - 12:00
Qual - 15:00

Sun 11 Sep
Race - 14:00

And our collective, heartfelt prayer is:

Possano le auto della Red Bull dissolversi in una melma di fluidi oleosi e lasciare Max e Checo con un pannolino bagnato. Amen.

:p
 

Porsche Gearing Up for Potentially Huge IPO

A huge name in luxury cars widely rumored to be seeking an on-ramp to Formula 1 will hit the public markets in the coming weeks. Volkswagen announced plans to list Porsche in what could be one of Europe’s largest initial public offerings.
  • The IPO could value Porsche between $59.4 billion and $84.2 billion.
  • Volkswagen will only offer up 12.5% of Porsche, which could raise more than $10 billion, depending on pricing.
  • The hefty cash injection will help fund Porsche’s turn toward electric and self-driving cars. The iconic brand races in the all-electric series Formula E under the name Tag Heuer Porsche.

The Qatar Investment Authority indicated plans to purchase 4.99% of the company, according to Volkswagen. The sovereign wealth fund of the 2022 World Cup host has also invested in Fanatics and ONE Championship parent Group ONE Holdings. Red Bull founder Dietrich Mateschitz, T Rowe Price Group, and LVMH CEO Bernard Arnault have reportedly expressed interest in purchasing a stake in Porsche. Volkswagen has promised to return 49% of the proceeds from the IPO next year in a special dividend.

[I wonder if this is causing the problems between Red Bull and Porsche? ]
 

Christian Horner makes strong Red Bull vow as Porsche takeover collapses

Red Bull boss Christian Horner has vowed to protect his team’s ‘DNA’, after their expected deal with Porsche was reported to have collapsed. Red Bull were set to join up with the German manufacturer in a proposed agreement that would come into play in 2026. However, a report from RacingNews365 has claimed talks over the deal have gone cold in recent weeks, with Horner looking to protect the longevity and independence of his team. Speaking to the media on the potential link up, he said: “Red Bull has always been a maverick brand, and we are an independent team and that has always been the way we work. “That makes us flexible and allows us to act quickly and efficiently. That is part of the Red Bull DNA. The engine project is, of course, a whole new and different challenge. If there was someone we could partner with to work on that, it would make sense. At the same time, the Formula 1 team is the biggest marketing asset for Red Bull in the world , so why put that at risk in the long run?"

Red Bull have been producing power units of their own in recent times, with some slight help from Honda. The constructor giants have also been keen to recruit heavily in this department recently, to make them one of the strongest on the Formula 1 circuit. And whilst Horner revealed his team would be open to strike some sort of deal with outside input, the Englishman seems more than comfortable with the team they have assembled in house. He went on: “We are fully committed to 2026, and have recruited some of the best talent in Formula 1. “We've created a factory within 55 weeks with fully commissioned dynos. We've built our first prototype engine for 2026 and run that prior to the summer break. We're on a really exciting trajectory that isn't dependent on outside involvement or investment. If there is strategically the right partner, it would be something the group is interested in."
 

Aston Martin raising $660 million in rights issue

Aston Martin is raising 575.8 million pounds ($660 million) in a rights issue as major investors including Saudi Arabia's sovereign wealth fund keep faith with the struggling luxury British carmaker. The 109 year-old company said on Monday it would issue four new shares at 103 pence apiece for every existing share. At 0750 GMT, the stock was down 10% at 432.9 pence. The rights issue is part of a previously announced equity raising of 653.8 million pounds, which makes Saudi Arabia's Public Investment Fund (PIF) one of the company's largest shareholders. Aston Martin said the rights issue was fully committed and underwritten, with support from PIF, as well as chairman Lawrence Stroll's Yew Tree and Mercedes Benz.

The fundraising will allow the company to lower its debt and invest in new models, it has said. The Formula One racing team sponsor has been burning through cash and has been hit by supply chain snags. It posted a tripling of pretax half-year losses in July. The company rejected a 1.3 billion pound investment proposal that would have handed control of the business to Italian investor Investindustrial and Chinese carmaker Geely that month. "Aston Martin's fundamentals remain shaky with or without the capital raise," said Victoria Scholar, head of investment at interactive investor, pointing to the first-half problems.

[It's good to see that this article has made it clear that Aston Martin is the F1 team sponcer not the F1 team owner, this rather important point is often missed in news reports]
 

Max Verstappen poised to take grid penalty at 2022 Italian Grand Prix

Max Verstappen’s victory at last weekend’s Dutch Grand Prix has all but sealed the Dutch driver his second consecutive title, with the reigning World Champion set to win the title at the Singapore Grand Prix if he wins this weekend at Monza. The Italian Grand Prix should once again suit Red Bull Racing’s RB18 to a tee, with the high speeds seen at the ‘Temple of Speed’ set to make Red Bull the team to beat this weekend. With the RB18 having shown such impressive speed, it makes this weekend the perfect chance to take another engine-related grid penalty, with upcoming rounds at Singapore and Japan being incredibly difficult to overtake at. Whilst Monza isn’t the easiest to pass at, it should be an easy task for Verstappen due to the pace of which he’s demonstrated at recent rounds.

Should Verstappen take a grid penalty at Monza, it would then mean he probably won’t have to take another grid penalty later in the year, whereas Charles Leclerc most likely will. Dutch racing driver Tom Coronel has tipped Verstappen to take a penalty this weekend but believes a podium finish will still be possible for the 24-year-old. “In Monza it is low downforce, the least there is on the entire Formula 1 calendar,” Coronel told the RacingNews Podcast. “High speeds, difficult to overtake, but with the tyre strategy and the Red Bull car we should still be able to reach P2. That is why my feeling is that Verstappen will take a grid penalty there, because you have to choose a place. You do not do that in Singapore and also not at Suzuka.”

Should Verstappen take a penalty, then it could open the door once again for the Mercedes F1 Team. Mercedes are still yet to win a race this season, with the Silver Arrows having just seven more chances to continue their streak of winning at least one race every season since 2012. The German’s came agonisingly close at the Dutch GP but fell just short of claiming P1. Coronel predicts that Mercedes’ unbelievable tyre wear management is “their weapon” and could be the defining factor that sees them claim victory this weekend at Monza.

“Their weapon is the tyre wear,” he added. Mercedes has that seriously well under control. You saw that during the Grand Prix of the Netherlands when Lewis Hamilton and George Russell drove on the white, hard tyres. And Zandvoort is normally really a tyre-eating circuit in that regard! That’s the only reason!”
 

Tsunoda's Italian GP grid penalty confirmed

AlphaTauri driver Yuki Tsunoda's expected grid penalty at the Formula 1 Italian Grand Prix has been confirmed following his actions at Zandvoort. Tsunoda pulled over at Turn 3 during the race believing he had a problem with the car but was told to continue on and return to the pits by his team. However, in preparation of believing he was about to retire, the Japanese un-did his seatbelts and then drove a full lap with them loose.

This is a big no-no for the FIA, hence Tsunoda was slapped with a reprimand - his fifth of the season. If a driver reaches five reprimands, with at least four being for driving offences - a 10 place grid drop is issued. Tsunoda will be one of a clutch of drivers taking grid penalties at Monza - although the others, including Lewis Hamilton are doing so for exceeding their permitted allocation of engine components.
 
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Porsche’s F1 Deal With Red Bull Is Officially Dead

Porsche’s return to F1 appears to have stalled in the pit lane following the company’s revelation that talks with Red Bull about a partnership have collapsed. The sports car firm was hoping to re-enter the world of grand prix racing in 2026 alongside sister company Audi after more than six decades away. Parent company VW’s board had already approved both teams’ F1 plans earlier this year and Porsche was in talks with Red Bull about joining forces. But now Porsche has confirmed rumors that the deal is off, meaning only Audi has a confirmed place on the grid.

“In the course of the last few months, Dr. Ing. h.c. F. Porsche AG and Red Bull GmbH have held talks on the possibility of Porsche’s entry into Formula 1. The two companies have now jointly come to the conclusion that these talks will no longer be continued,” Porsche said in a statement. “The premise was always that a partnership would be based on an equal footing, which would include not only an engine partnership but also the team. This could not be achieved.”

But Porsche emphasised that the breakdown of these talks didn’t mean the end of its F1 ambitions. “With the finalised rule changes, the racing series nevertheless remains an attractive environment for Porsche, which will continue to be monitored,” the statement continued.


Porsche reportedly wanted to apply its own name to the 2026 Red Bull engine currently being developed in the UK and also wanted a 50 percent stake in Red Bull’s F1 operation. But it appears that Red Bull wasn’t prepared to cede that much control, and also feared that it wouldn’t be able to react swiftly to events with Porsche trying to assert its slower, more conventionally corporate style of management. “Porsche is a great brand, but the DNA is quite different,” Red Bull’s Christian Horner told Motorsport. “During the discussion process it became clear that there was a strategic non-alignment.”
 
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