During the Mexican Grand Prix, Lewis Hamilton quickly identified that Max Verstappen was likely involved in an on-track incident when he spotted a “plume of dust” ahead. Verstappen had drawn criticism after receiving two separate 10-second penalties for two aggressive moves against McLaren’s Lando Norris. In the first clash, Verstappen pushed Norris off the track when the latter attempted to pass on the outside, while the second saw Verstappen launch an inside move, forcing both drivers off the course. These penalties ultimately hurt Verstappen’s race, leaving him in sixth place, his lowest ranking of the season so far. With his…
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McLaren CEO Zak Brown has expressed dissatisfaction with the penalties given to Max Verstappen at the Mexican Grand Prix, suggesting they were too lenient. Verstappen received two 10-second penalties for incidents with McLaren’s Lando Norris: first for pushing Norris off track at Turn 4 as he tried to overtake, and then for an aggressive inside move at Turn 7 that forced both drivers off the track. Brown has called for Verstappen to adopt cleaner driving tactics for the rest of the 2024 season, emphasizing the importance of maintaining fair competition on the track. The incidents resulted in Verstappen serving a…
At the Mexican Grand Prix, FIA stewards penalized Max Verstappen for forcing Lando Norris off the track during an aggressive wheel-to-wheel battle for second place. Verstappen had previously clashed with Norris in Austin, but this time, while he kept within the track’s white lines at Turn 4, he later made an even riskier move at Turn 7, causing both drivers to go wide near the track wall. This action led to Verstappen receiving two separate 10-second penalties for pushing Norris off the track and gaining an illegal advantage, ultimately costing Verstappen a potential podium finish as he ended the race…
Red Bull Racing finds itself in a precarious position in the Constructors’ Championship, having recently fallen behind Ferrari by an estimated $8 million in earnings and 25 points after the Mexican Grand Prix. Amid this, Ralf Schumacher has publicly suggested that Red Bull should part ways with Sergio Perez, potentially even before the season’s end. Schumacher’s comments come after a difficult season for Perez, marked by inconsistent performance and frustration, especially in Mexico, where his low 18th-place qualifying result left him far from contention at his home race. Despite his hopes, Perez’s race was further marred by an incident with…
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. Long term United Parks & Resorts Inc. (NYSE:PRKS) shareholders would be well aware of this, since the stock is up 107% in five years.Let’s take a look at the underlying fundamentals over the longer term, and see if they’ve been consistent with shareholders returns. Check out our latest analysis for United Parks & Resorts While the efficient markets hypothesis continues to…
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles. Source link
Charles Leclerc may face consequences from the FIA after using the F-word in a post-race press conference following the Mexican Grand Prix. This comes after the FIA’s recent efforts to curb swearing among Formula 1 drivers, a rule reinforced by FIA president Mohammed Ben Sulayem last month. The initiative aims to remind drivers of their responsibility to uphold professional conduct and language standards. Leclerc’s slip comes in the wake of a similar incident with Max Verstappen, who also used profanity publicly, resulting in a community service penalty. The FIA’s crackdown began with Verstappen, who swore while discussing his car’s performance…
(Bloomberg) — US government bond yields rose as weak demand for a pair of Treasury note auctions suggested investors are anxious about supply on the eve of the next financing quarter. Most Read from Bloomberg Yields across maturities rose at least four basis points, reaching the highest levels in more than two months, after the monthly auctions of two- and five-year Treasury notes both drew higher-than-anticipated yields. The benchmark 10-year note’s yield climbed as much as six basis points to nearly 4.3%, the highest level since July 10. The results signal potential difficulty for four additional Treasury auctions this and…
Liam Lawson, returning to Formula 1 with VCARB after a year as Red Bull’s reserve driver, received early praise from Red Bull’s motorsport advisor, Helmut Marko, for a strong performance at the United States Grand Prix. However, in the very next race in Mexico, Lawson found himself on the wrong side of Marko’s favor. In a close battle with Sergio Perez, Lawson aggressively defended his position, resulting in contact that damaged Perez’s car and ended his race in 17th place. This incident quickly changed Marko’s opinion, who expressed frustration over Lawson’s “too strong” defense against Perez, stressing that as sister…
Not every public apology from a CEO resonates — which is why a recent memo from Poshmark founder Manish Chandra stands out, says a leadership expert.Poshmark, which was acquired for roughly $1.2 billion by South Korean internet company Naver Corporation in 2022, is an online marketplace for buying and selling new and secondhand clothing. Anyone who sold a piece of clothing on the platform for more than $15 paid a 20% fee to the company, until October 3 — when the company shifted part of the fee off the sellers, and onto the buyers.Customers revolted, leaving Poshmark sellers stranded: For…