Valtteri Bottas, a 10-time Formula 1 race winner, is set to lose his seat at Sauber for the 2025 season as Audi F1 is reportedly close to finalizing a deal with McLaren junior Gabriel Bortoleto. Despite Bottas expressing confidence about his future at Sauber, the team has been exploring other options for the second seat, after high-profile targets like Carlos Sainz and Esteban Ocon chose to join other teams for the upcoming season. In April, Sauber had secured Nico Hulkenberg from Haas, but the team had to reassess its second seat due to the unavailability of top targets. Other candidates…
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Christian Horner, the team principal of Red Bull Racing, has solidified his position as the highest-paid team principal in Formula 1, following an 11% pay rise in 2023. Red Bull’s dominant 2023 season, where they won 21 out of 22 races, contributed to the team’s immense success, with Max Verstappen securing his third consecutive World Championship title, having achieved a record-breaking 19 victories in the season. This incredible performance elevated Horner’s salary from £8.04 million in 2022 to £8.92 million in 2023. However, Red Bull has faced challenges in replicating the same level of success in 2024, as they currently…
Image source: Getty Images One common way to value shares is to look at their price-to-earnings (P/E) ratio. As a rule of thumb, the lower it is, the cheaper the share is, although there are a couple of important caveats to consider: the sustainability of the earnings and the firm’s debt both matter. At the moment, one well-known FTSE 250 share sells for pennies and has a P/E ratio of just 8. So, is it a bargain I ought to buy for my portfolio? Well-known consumer brand The share in question is Dr Martens (LSE: DOCS). With an iconic footwear…
Kei trucks, small utility vehicles from Japan, are gaining popularity in the U.S. due to their compact design and vintage appeal. These trucks, exempt from standard safety and emissions regulations as long as they are over 25 years old, still face legal challenges in some states, including Michigan, where owners are prevented from titling or registering them for on-road use. This issue has raised questions, particularly since the nonprofit American Association of Motor Vehicle Administrators (AAMVA) has advocated against titling kei trucks for road use, although it has no legal authority to enforce these restrictions. The situation in Michigan stems…
Global Intellectual Property Portfolio Now Includes 82 Issued Patents ANN ARBOR, Mich.–(BUSINESS WIRE)– ENDRA Life Sciences (NASDAQ:) Inc. (NASDAQ: NDRA), a pioneer of Thermo Acoustic Enhanced UltraSound (TAEUS ®), announces that the European Patent Office has issued to ENDRA a new patent EP4247282 (the ˜282 patent) titled Method and System for Monitoring Tissue Temperature. The ˜282 patent relates to a novel method and system for monitoring tissue ablation during minimally invasive thermal surgical interventions by utilizing ENDRA’s TAEUS ® system. It is related to ENDRA’s U.S. patent US11,051,883 enabling integration with existing ablation systems. ENDRA expects its method and system…
While higher costs plagued Ford yet again, there is upside in the near term. Investors hoping for a rebound in the stock of Ford Motor Company (F 4.10%) following its third quarter were quickly let down as the automaker released largely disappointing results. Management also noted numerous headwinds going into the fourth quarter, including weaker consumer sentiment, sales-mix shifts, and intensifying electric vehicle competition, among others. Despite all the doom and gloom, however, there is a silver lining for Ford investors: the potential for upside remains. There is reason for optimism For the second quarter in a row, higher costs…
In a remarkable turnaround, Robinhood Markets Inc (NASDAQ:). shares have surged to a 52-week high, reaching a price level of $28.58. This milestone underscores a significant recovery for the company, which has become synonymous with the democratization of trading for retail investors. Over the past year, Robinhood’s stock has witnessed an impressive rally, with the 1-year change data showcasing a staggering 191.19% increase. This surge reflects growing investor confidence and the company’s potential to capitalize on the expanding market of casual traders. In other recent news, Robinhood Markets, Inc. reported strong financial growth for Q3 2024. The company witnessed record…
The U.S. voted to return Donald Trump to the White House Tuesday night, and the effects are making themselves felt across the stock market Wednesday morning. While not all votes have yet been tabulated, early Wednesday morning it’s looking entirely likely that not only did Republicans win the popular vote and the Electoral College (with potentially as many as 312 electoral votes), but they now control a majority in the Senate, and potentially in the House of Representatives as well. So what does this mean for renewable energy stocks? Start Your Mornings Smarter! Wake up with Breakfast news in your inbox…
Toyota showcased its newest off-road concept, the RAV-X, at the 2024 SEMA show in Las Vegas, based on the 2024 RAV4 Prime plug-in hybrid. The RAV-X is inspired by the rugged, race-ready vehicles competing in the Dakar Rally, and Toyota intends for this concept to appeal to off-road enthusiasts. Following the successful adaptation of the Toyota 4Runner and Land Cruiser into off-road concepts, Toyota has now set its sights on the RAV4, transforming it into a highly capable, off-road-focused prototype. Designed to demonstrate the potential of the RAV4 platform, the RAV-X brings a fresh, motorsports-inspired look to Toyota’s SUV lineup.…
The Petty family has long been iconic in NASCAR, with their distinctive blue stock cars standing out since the 1950s when Lee Petty began racing his blue Plymouth. The family’s cars are instantly recognizable, so it’s fitting that Toyota chose to highlight this iconic color and legacy as they partner with Legacy Motor Club (formerly Petty GMS Motorsports) for the 2024 NASCAR Cup season. As part of the collaboration, Toyota decided to celebrate the partnership at the 2024 SEMA show with a special vehicle that reflects the Petty legacy—a modernized take on a classic Petty car. Toyota brand ambassador Rutledge…