
Porsche to Conquer Waterways With $655,000 Electric Speedboat
After a stalled bid to join Formula One, Porsche AG is getting into boats. The German automaker announced
1970-01-01 08:00

Virgin Galactic Reaches Space in Long-Overdue Commercial Debut
Virgin Galactic Holdings Inc. sent paying customers to the edge of space for the first time, a milestone
1970-01-01 08:00

Lewis Hamilton dismisses cost cap penalty as supreme Red Bull return to Austria
For all the success garnered over the last two years, an asterisk has accompanied the Red Bull route to Formula 1 domination. In 2021, Max Verstappen’s dramatic title triumph was shrouded in controversy after the Abu Dhabi fiasco. Last year, their mightily impressive double title glory was overshadowed by breaching the inaugural F1 cost cap. This season, entering race nine back at base at the Red Bull Ring this weekend with Verstappen holding a 69-point lead in the championship – and even that is from his team-mate Sergio Perez – there does not look set to be such a dark cloud forming this time. The RB19 is perhaps Adrian Newey’s greatest achievement yet. Verstappen’s confidence is at an all-time high, to the extent he joked in real time about a slightly misjudged approach to the kerb in Canada where George Russell had earlier crashed. And when the Dutchman has a rare off-day, perhaps in qualifying, invariably Sergio Perez is there to pick up the first-place trophy instead. Christian Horner’s team are a pristine, well-oiled machine. They claimed their 100th win in F1 last time out in Montreal. Yet Lewis Hamilton, seven times a world champion scampering desperately with the other 17 drivers on the grid playing catch-up, is willing to discuss the elephant in the room. “The [cost cap] penalty didn’t cost them anything,” Hamilton said, ahead of this weekend’s sprint weekend in Austria. “It definitely, definitely didn’t. It was so small.” Red Bull were fined £6m and docked 10% of their car development time for their £1.8m overspend, impacting their wind-tunnel runs and simulations. As emphatic as Hamilton’s assessment is, and many will argue it has a certain degree of accuracy given the scale of Red Bull’s success, the Mercedes man went further as he looks to give himself a fighting chance of a record-breaking eighth title in the not-so-distant future. "I think the FIA should probably put a time when everyone is allowed to start developing on next year’s car,” he added, referring to Red Bull no longer focusing on their 2023 car such is their current advantage and instead shifting emphasis to 2024. “Say August 1, that’s where everybody can start so that no one can get an advantage on the next year, cause that sucks. "It would make more sense. They should. Say for example you start the season and you know you have a bad car, you can just say I’m not going to bother developing this car and put all this money into next year’s car and have an advantage." The notion that the FIA should change the regulations as a result of Red Bull’s domination has been regularly concocted in recent weeks, whether it be across the paddock or on social media. Short memories, it seems. For Red Bull’s current all-out supremacy, think Michael Schumacher’s five-in-a-row with Ferrari at the start of the noughties. Think Lewis Hamilton’s six victories in seven years with Mercedes. Think Sebastian Vettel’s four on the bounce back at Red Bull to kick off the 2010s. Periods of domination are commonplace in F1. A framework is set in place; regulations set in stone years in advance. These must remain. A sudden alteration of various rules, now, would be simply unfair and unsporting. Despite that, talk of a perfect 22/22 this season is being swiftly dismissed by Red Bull. The runaway leaders are not getting carried away yet. “At a sprint weekend, so many things can go wrong,” said a typically level-headed Verstappen on Thursday. His team-mate Perez was absent, due to illness, but is expected to be fit to drive on Friday. While the second of six sprint weekends this season takes place in Spielberg – with qualifying for the grand prix on Friday before “sprint day” on Saturday – could ruffle feathers, Red Bull are massive favourites to take their ninth-straight win of the year at their home track. Ferrari did win in Austria last year, but have not won since. Mercedes are on a slow road back to the top-tier, with a bigger upgrade due next week at Silverstone. If any team is to challenge Red Bull, therefore, it could well be Aston Martin – and their imperious 41-year-old double world champion Fernando Alonso. Read More Are Red Bull now the most successful F1 team ever – and how long can this dominance last? Toto Wolff optimistic as Mercedes target improvement at Austrian Grand Prix Sergio Perez misses media day at the Austrian Grand Prix Sergio Perez misses media day at the Austrian Grand Prix Toto Wolff optimistic as Mercedes target improvement at Austrian Grand Prix What is a sprint race in F1 and how does new qualifying shootout work?
1970-01-01 08:00

Citadel Securities Is Muscling Its Way Into Credit Trading
Ken Griffin’s market-making powerhouse is challenging Wall Street banks on their own turf as it enters the multi-trillion-dollar
1970-01-01 08:00

Lando Norris reveals robbery during Spanish holiday
Lando Norris has revealed he had a number of expensive items stolen in a robbery at a villa in Marbella. It is the second time the British Formula One star has been targeted by thieves after he was accosted by two men and had his Richard Mille designer watch stolen after the Euro 2020 final at Wembley. McLaren driver Norris, 23 was understood to be on holiday in the south of Spain for three days when the incident took place. Speaking to the PA news agency ahead of this weekend’s Austrian Grand Prix, Norris said: “We were out for dinner and our place got robbed. “A mixture of many things were stolen. Some were expensive and some were not so expensive. It is still an ongoing conversation so I cannot say too much.” Norris was reported to be on holiday with a group of friends, including influencer Jennie Dimova. Dimova posted a video to her TikTok, saying: “If you are wondering why I look like that it is because our villa got robbed and everything I have ever owned – my clothes, my shoes, my bags, my jewellery – everything has been taken – and I am left with literally nothing. I cried for two hours but what can I do?” The popular Norris is only 11th in this season’s drivers’ championship having scored points at just three of the opening eight rounds in his under-performing McLaren machine. The British team have brought an upgrade to this weekend’s event in Spielberg in the hope of turning their disappointing season around. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00

F1: Red Bull being pressured into dangerous driver decision
Red Bull racing is being pressured into considering a dangerous decision for a replacement for Sergio Perez upon his contract's expiration.Red Bull Racing is on top of the Formula One world in 2023, just like they have been for the last few years. With 321 points, eight wins, and 12 podiums...
1970-01-01 08:00

Affirmative action: US Supreme Court overturns race-based college admissions
The decision strikes down decades-old policies viewed as a measure to increase diversity.
1970-01-01 08:00

Patrick Kielty reveals his salary for RTÉ's The Late Late Show
He publishes his contract details amid a row about payments RTÉ made to his predecessor Ryan Tubridy.
1970-01-01 08:00

ECB Hiking Critics Keep Up Political Heat From Portugal to Italy
Criticism of European Central Bank monetary tightening is persisting, with a new round of attacks on Thursday from
1970-01-01 08:00

Sergio Perez misses media day at the Austrian Grand Prix
Sergio Perez was absent from media day at the Austrian Grand Prix due to illness. The Red Bull driver, who is second in the championship standings behind team-mate Max Verstappen, “became unwell” on Wednesday night. With qualifying taking place on Friday this weekend with the sprint format in place, the 32-year-old took the decision not to go to the Red Bull Ring on Thursday. “He became unwell last night and is taking the day to rest to ensure he’s in the best possible health for this weekend’s race,” Red Bull said in a statement. Perez trails Verstappen by 69 points in the world championship. Despite two wins from the opening four races, the Mexican has struggled in recent weeks and is now only nine points clear of Fernando Alonso in third. This weekend’s action in Spielberg sees the second of six sprint weekends this season. Qualifying for the grand prix now takes place on Friday, with Saturday a designated “sprint day” with “sprint shootout” quickfire qualifying in the morning followed by the sprint race in the afternoon. Read More Are Red Bull now the most successful F1 team ever – and how long can this dominance last? What is a sprint race in F1 and how does new qualifying shootout work? F1 team bid confirmed for 2026 season after major investment
1970-01-01 08:00

US economic growth expanded much faster in the first quarter than previously estimated
The US economy expanded at a much faster pace in the first three months of the year than previously estimated, the Commerce Department reported on Thursday.
1970-01-01 08:00

France shooting: Who was Nahel M, shot by police in Nanterre?
He was learning to be an electrician and played rugby league but died at a police check near Paris.
1970-01-01 08:00