Red Bull has initiated an independent investigation led by an external barrister into allegations against their Formula 1 team principal, Christian Horner, though the details of the allegations remain undisclosed. Horner himself has vehemently denied any wrongdoing. The company stated its commitment to taking the matter seriously and ensuring a prompt investigation, refraining from further comments at this time. Horner, who has led Red Bull's F1 team since 2005, recently achieved significant success, including assisting Max Verstappen in winning his third consecutive F1 title. These achievements earned him a CBE for services to motor racing in the New Year's Honors list.
Click here to read the full article by Jonathan Noble (motorsport.com)
Aston Martin Lagonda Global Holdings Plc is actively seeking a successor for CEO Amedeo Felisa, marking the fourth change in leadership in as many years. Lawrence Stroll, the Executive Chairman, has reached out to current and former leaders in the luxury auto industry to assess their interest in the position, sources familiar with the matter revealed. Aston Martin declined to comment on the matter. Stroll appointed Felisa in 2022, following a series of short CEO tenures, including Tobias Moers and Andy Palmer, as the company navigates shifts in ownership and strategy, including investments from prominent entities like Saudi Arabia’s Public Investment Fund and China’s Zhejiang Geely Holding Group Co.
Click here to read the full article by Siddharth Philip & Jamie Nimmo (bnnbloomberg.ca)
The new Sauber C44 Formula 1 car, launched in London, notably transitions from push-rod to pull-rod front suspension, a choice influenced by successful models from Red Bull and McLaren under the current regulations. Sauber's technical director James Key emphasizes significant changes, including a new bodywork package and mechanical updates, aiming for aerodynamic advantages. The team embraces innovative directions to enhance performance, particularly in aerodynamics and mechanical components. The introduction of pull-rod front suspension poses a challenge, yet the team aims for balance between aerodynamics and mechanical improvements. The car's debut will occur during a filming day in Barcelona.
Click here to read the full article by Adam Cooper (motorsport.com)
After last year’s highly acclaimed and popular exclusive documentary ‘Max Verstappen - Anatomy of a Champion,’ Viaplay and Verstappen have created a brand-new series giving even more unique insights into the life of the triple Formula 1 world champion. ‘Max Verstappen - Off the Beaten Track’ episode 1 will premiere exclusively on Viaplay on 15 February, with episode 2 and 3 following in consecutive weeks.
During the mid-1980s, Formula One experienced significant growth in popularity, largely due to the widespread adoption of satellite TV. This created opportunities for increased promotion of the sport, leading to a surge in sponsorship interest from various sectors including fashion, oil, and others. However, the craziest of them all happened to have been a Belgian stock market guru.