Today’s F1 News Delivered Faster Than a Pit Stop
Mercedes F1's 2023 net profit dropped to UK£83.8 million (US$104.6 million) despite a 15% turnover increase to UK£546.4 million (US$682.2 million). The 18% rise in cost of sales affected overall profits, alongside a 14.7% decline in TV coverage. However, the team gained US$5.3 billion in Advertising Value Equivalent and welcomed seven new commercial partners. They achieved a 67% reduction in emissions but saw a 5% increase in total gross tCO2e due to higher electricity consumption and UK government factors.
Click here to read the full article by Cian Brittle (blackbookmotorsport.com)
Aston Martin has committed to Formula 1 until 2030 following Fernando Alonso's two-year contract extension. The team also extended its sponsorship and received a significant investment from Aston Martin Lagonda. Lawrence Stroll emphasized Formula 1's role in boosting their business during an event at Aston Martin's headquarters, citing increased visibility and a younger customer base.
Click here to read the full article by Nick Golding & Aaron Deckers (racingnews365.com)
The Chinese Grand Prix returns after a five-year hiatus, with the race taking place at the Shanghai International Circuit. The track's layout poses challenges with its mix of slow and high-speed corners and long straights. Teams face limited practice time due to the new Sprint format, necessitating quick adjustments to optimize setups and tire strategies. Weather variability and track evolution further complicate planning.
Click here to read the full article at sportnetwork.net
The woman who accused Christian Horner of inappropriate behavior will undergo a new interview for her appeal despite Horner being cleared. She feels let down by Red Bull's response to her grievance and is still suspended. Confidentiality agreements may prevent the new report from being made public.
Click here to read the full article by Felix Keith (mirror.co.uk)
It's the 2024 version of Never Have I Ever, with the 2024 grid and the same rules: players signal "I have" or "I have never" by holding up signs in response to questions. The first question, "never have I ever missed a flight," got reactions from Yuki, Piastri, and Leclerc. The players have to be brutally honest. Click here to watch the video.