Formula One – Tasman Series http://tasman-series.com/ Tue, 17 May 2022 18:33:22 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://tasman-series.com/wp-content/uploads/2021/06/icon-150x150.png Formula One – Tasman Series http://tasman-series.com/ 32 32 AUTO RACING: All-Star break for Cup Series; F1 in Barcelona https://tasman-series.com/auto-racing-all-star-break-for-cup-series-f1-in-barcelona/ Tue, 17 May 2022 18:19:57 +0000 https://tasman-series.com/auto-racing-all-star-break-for-cup-series-f1-in-barcelona/ All times Eastern NASCAR CUP SERIES NASCAR Star Race Location: Fort Worth, Texas. Schedule: Saturday, practice (open and combined), 7 p.m., qualifications (open), 7:35 p.m.; and (all-star), 7:55 p.m.; Sunday, all-star open, 5:30 p.m.; and Star Race, 8 p.m. (FS1). Track: Texas Motor Speedway. Race distance: 100 laps, 150 miles. Last year: Kyle Larson won […]]]>

All times Eastern

NASCAR CUP SERIES

NASCAR Star Race

Location: Fort Worth, Texas.

Schedule: Saturday, practice (open and combined), 7 p.m., qualifications (open), 7:35 p.m.; and (all-star), 7:55 p.m.; Sunday, all-star open, 5:30 p.m.; and Star Race, 8 p.m. (FS1).

Track: Texas Motor Speedway.

Race distance: 100 laps, 150 miles.

Last year: Kyle Larson won at Texas, his second All-Star win.

Last race: Kurt Busch passed Larson with eight laps to go and won at Kansas to become the 11th different winner in 13 races this year.

Fast facts: Larson’s victory last season in the no-points race came during a streak when he won four straight series main events en route to becoming the season champion. … Busch ended a 27-run winless streak at Kansas and gave 23XI its first team victory. Busch has now won Cup Series races for five different car owners and with four different manufacturers. … Chase Elliott’s lead is now 52 points over Ryan Blaney and 58 over Kyle Busch.

Next race: May 29, Concord, North Carolina.

In line: http://www.nascar.com

NASCAR XFINITY SERIES

SRS 250 distribution

Location: Fort Worth, Texas.

Schedule: Friday, practice, 6 p.m. and qualifications, 6:30 p.m.; Saturday, race, 1:30 p.m. (FS1).

Track: Texas Motor Speedway.

Race distance: 167 laps, 250.5 miles.

Last year: Kyle Busch won after starting 14th.

Final Race: Justin Allgaier ended a 34-race winless streak with his second straight win at Darlington, beating teammate Noah Gragson and leading a second consecutive one-two finish for JR Motorsports.

Fast facts: AJ Allmendinger leads Gragson by 25 points in the standings in 11 races. Allmendinger also leads with 11 top 10s, but Gragson leads with 8 top fives. … Ty Gibbs is 41 points behind despite having a series-best three wins. … The top six drivers in the standings have all won at least once.

Next race: May 28, Concord, North Carolina.

In line: http://www.nascar.com

NASCAR TRUCK SERIES

SppedyCash.com 220

Location: Fort Worth, Texas.

Schedule: Friday, practice, 6 p.m. and qualifications, 6:30 p.m.; Saturday, race, 1:30 p.m. (FS1).

Track: Texas Motor Speedway.

Race distance: 147 laps, 220.5 miles.

Last year: John Hunter Nemechek won from pole.

Last Race: Zane Smith led 108 of 134 laps to win at Kansas, his best third series win of the season.

Fast facts: Smith moved up to third in the points race, 21 behind Ben Rhodes and one point behind Nemechek. … Smith also leads with seven top-10 finishes and led a series-high 201 laps in eight races. … Rhodes has a win and leads with five top fives. … Ty Majeski finished second at Kansas.

Next race: May 27, Concord, North Carolina.

In line: http://www.nascar.com

FORMULA ONE

Spanish Grand Prix

Location: Barcelona, ​​Spain.

Hours: Friday, practice, 8 a.m. and 11 a.m.; Saturday, practice, 7 a.m. and qualifying, 10 a.m.; Sunday, race, 9 a.m. (ESPN).

Circuit: Circuit of Barcelona-Catalonia.

Race distance: 66 laps, 191.6 miles.

Last year: Lewis Hamilton won from pole.

Final race: Max Verstappen passed the two front-row Ferraris from third to first in the opening nine laps and won the series opener in Miami.

Fast facts: Verstappen’s win was his third in five races to start the season and closed the defending series champion to within 19 points of leader Charles LeClerc in the standings. … LeClerc leads all drivers with four top-three finishes. … Hamilton, a seven-time series champion, is sixth in points, 68 behind.

Next race: May 29, Monaco.

In line: http://www.formula1.com

Last race: Colton Herta overcame two late pit stops and pulled away from Simon Pagenaud to win in a rainy road race at Indianapolis.

Next race: May 29, Indianapolis, Indiana.

In line: http://www.indycar.com

NHRA DRAG RACES

Last event: Brittany Force won in Top Fuel and Robert Hight won in Funny Car in Virginia.

Next event: June 5, Epping, New Hampshire.

In line: http://www.nhra.com

THE WORLD OF OUTLAWS

Upcoming events: May 20, Attica, Ohio, and May 21, Hartford, Ohio.

In line: http://worldofoutlaws.com/sprintcars

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More AP Auto Racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports

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Lewis Hamilton wants Formula 1 to focus on street racing after Miami Grand Prix https://tasman-series.com/lewis-hamilton-wants-formula-1-to-focus-on-street-racing-after-miami-grand-prix/ Sun, 15 May 2022 17:00:15 +0000 https://tasman-series.com/lewis-hamilton-wants-formula-1-to-focus-on-street-racing-after-miami-grand-prix/ Lewis Hamilton has asked Formula 1 to focus on street tracks in the future as he believes this is the route to ensure the sport has the biggest impact. With seven street circuits already on the schedule and an eighth in the form of Las Vegas set to be added next year, street circuits are […]]]>

Lewis Hamilton has asked Formula 1 to focus on street tracks in the future as he believes this is the route to ensure the sport has the biggest impact.

With seven street circuits already on the schedule and an eighth in the form of Las Vegas set to be added next year, street circuits are becoming increasingly popular.

The last Miami Grand Prix was the start of a new street circuit and although it had some on-track start-up issues, the off-track atmosphere was hailed as never seen in Formula 1 before.

One man who saw the potential of street circuits was Hamilton, who went so far as to encourage the sport’s planners to focus more on street circuits in the future.

While he said he enjoys racing at historic circuits, he also said the pandemic has made him realize the importance of having fans in the stands.

“I’m a bit old school,” Hamilton told reporters. “So, of course, I love history, especially at certain circuits, but the older I get the more I realize it’s about the people.

“We could go to the middle of nowhere where there are very few people, no great accommodations, no great community and for us as individuals, driving on a historic track is cool – but it is about people.

“And people are really getting there. We’ve known, with the pandemic, nobody being in there and it’s just not an atmosphere. It was like a test day. It was not pleasant. And now we see hundreds of thousands of people showing up to the race full of energy, excited, eager to learn more.

Hamilton also said the city-based tracks allow him to do more activities around racing, like meeting kids from diverse backgrounds.

“I think the fans are at the heart of what this sport is, they create it,” said the former seven-time world champion.

“I think being in cities, we can really engage with communities and have an impact as well.

“I love the Nurburgring, for example, but there’s not a diverse community there. We don’t really have an impact on the place there.

“In Miami, we can do something. I’ve met a bunch of kids from various backgrounds who now want to get into engineering and STEM subjects, so that’s a lot cooler for me.

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Sebastian Vettel says climate change is making him question his job in Formula 1 https://tasman-series.com/sebastian-vettel-says-climate-change-is-making-him-question-his-job-in-formula-1/ Fri, 13 May 2022 09:22:00 +0000 https://tasman-series.com/sebastian-vettel-says-climate-change-is-making-him-question-his-job-in-formula-1/ Speaking on the BBC’s Question Time, a TV show mixing politicians and celebrities, the German was asked if his stance on the environment made him a hypocrite given he was part of a energy-intensive sport. “It’s true, it’s true, and you’re right when you laugh,” the 34-year-old father of three replied. “There are questions I […]]]>

Speaking on the BBC’s Question Time, a TV show mixing politicians and celebrities, the German was asked if his stance on the environment made him a hypocrite given he was part of a energy-intensive sport.

“It’s true, it’s true, and you’re right when you laugh,” the 34-year-old father of three replied. “There are questions I ask myself every day and I am not a saint.

“Some things are in my control and some things are not. Driving a car is my passion, I love it and every time I get in the car I love it.

“When I get out of the car, of course, I also think ‘Is this something we should be doing, traveling the world, wasting resources?'”

The Aston Martin driver wore a T-shirt before the Miami Grand Prix last weekend with the slogan “Miami 2060 – first grand prix underwater – Act now or swim later” to highlight the effects of climate change.

He has also been outspoken on the environment and renewable energy, as well as human rights and LGBTQ+ issues.

Vettel said Formula 1, which makes a big push for sustainability, has also played an important social role as entertainment.

“There are things I do because I feel like I can do them better. Do I have to fly every time? No, not when I can take the car,” added the pilot, who is in end of contract with his team at the end of the year.

Formula 1 aims to achieve a zero carbon footprint by 2030, with 100% sustainable fuels from 2026, when a new engine is introduced.

Vettel also gave his thoughts on Brexit, the war in Ukraine, Finland’s NATO membership, energy dependency and British Prime Minister Boris Johnson’s involvement in a ‘partygate’ scandal over restriction breaches. related to the Covid-19 pandemic.

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Norfolk Golf Club bought by Formula 1 chief https://tasman-series.com/norfolk-golf-club-bought-by-formula-1-chief/ Mon, 09 May 2022 09:23:00 +0000 https://tasman-series.com/norfolk-golf-club-bought-by-formula-1-chief/ Middleton Hall Golf Club near King’s Lynn has been acquired by a celebrity chef who worked with Formula 1, and he will rename every hole on the course after an F1 champion. For years Dave Freeman would be the chef of every meal an 85-person F1 racing team had, including drivers, owners and sponsors, for […]]]>

Middleton Hall Golf Club near King’s Lynn has been acquired by a celebrity chef who worked with Formula 1, and he will rename every hole on the course after an F1 champion.

For years Dave Freeman would be the chef of every meal an 85-person F1 racing team had, including drivers, owners and sponsors, for up to seven days they were in the country where they were. run the race. Originally a chief in the British Army for 13 years, he left in 1997 and started in F1 with Tyrrell GP.

He has now purchased the Middleton Hall Golf Club, which is located on the former grounds of Middleton Hall, comprising an 18-hole, 5,904-yard (par 71) golf course, a floodlit nine-bay golf course, a clubhouse 573 square meter clubhouse style, golf shop and practice facilities. The club has over 500 members and a profitable business record.

Middleton Hall Golf Club. Image of Facebook

Freeman says he and his wife Fatna were looking for a slightly less hectic lifestyle that they could enjoy and put their specialist skills to good use.

He said: “Fatna and I are very pleased to have acquired Middleton Hall Golf Club and look forward to growing the business over the next few years. We have had a great welcome from the members and know we can count on their continued support.Our plans include a clubhouse renovation and construction of a new reception hall, as well as improvements to the 18th hole which will include a new pond with a fountain and Sawgrass-style sleeper wall.

Sales agent, Ben Allen, added: “Dave has stated his desire to acquire a golf club. He felt that owning a golf business would provide the perfect platform to combine his specialist restaurant skills with his passion for golf. I’m so glad we were able to find the perfect company for him and Fatna. To tie the club to his F1 background, Dave renames every hole on the course after an F1 champion and buys an iron to make the greens as fast as an F1 car!

“The strength of the golf opportunity market is very encouraging, as is the wide diversity of buyers looking to invest in this niche area.”

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Wolff not convinced new team would be a clean F1 win RaceFans https://tasman-series.com/wolff-not-convinced-new-team-would-be-a-clean-f1-win-racefans/ Sat, 07 May 2022 15:51:54 +0000 https://tasman-series.com/wolff-not-convinced-new-team-would-be-a-clean-f1-win-racefans/ Mercedes team principal Toto Wolff is not convinced that allowing an 11th team to enter Formula 1 would add enough value to the sport. Michael Andretti and his world champion father Mario are looking to enter the series with their own team. Wolff said he could see the potential value of introducing a new American […]]]>

Mercedes team principal Toto Wolff is not convinced that allowing an 11th team to enter Formula 1 would add enough value to the sport.

Michael Andretti and his world champion father Mario are looking to enter the series with their own team. Wolff said he could see the potential value of introducing a new American team to F1, but was not convinced it would justify the cost to existing competitors.

Speaking alongside McLaren’s Zak Brown and Alpine’s Laurent Rossi at the FIA ​​press conference at Miami International Autodrome, Wolff stressed that introducing a new team to the sport would come at a cost to them.

“So much has been said around an American entry,” Wolff said. “On the positives, I’m sure if we had a real American team with an American driver, it would be very beneficial.

“But we have 10 entries today. We divide the prize pool between these 10 entries. We have invested considerable sums over the past 10 years. Each of the organizations that sit here on the podium have probably invested over a billion in their Formula 1 projects over the years.

“So it has to be accretive if a team comes in, how can you demonstrate you’re making more money than it actually costs?”

Announcement | Become a RaceFans supporter and go ad-free

Under F1 rules, new entries are required to pay an “anti-dilution levy” of $200 million.

Miami Grand Prix 2022Browse all articles from the 2022 Miami Grand Prix

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Naomi Schiff from Rwanda on her experience in Formula 1 | The new times https://tasman-series.com/naomi-schiff-from-rwanda-on-her-experience-in-formula-1-the-new-times/ Thu, 05 May 2022 23:09:24 +0000 https://tasman-series.com/naomi-schiff-from-rwanda-on-her-experience-in-formula-1-the-new-times/ Sky Sports presenter Naomi Schiff took a deep dive into her life in the Formula 1 sports industry. Schiff, a Formula 1 driver, was added to the presenting team behind Sky Sports Formula One’s new show ‘Any Driven Monday’ in March this year and she has opened up about her life in sport, including understood […]]]>

Sky Sports presenter Naomi Schiff took a deep dive into her life in the Formula 1 sports industry.

Schiff, a Formula 1 driver, was added to the presenting team behind Sky Sports Formula One’s new show ‘Any Driven Monday’ in March this year and she has opened up about her life in sport, including understood the challenges she faced.

“People won’t always like change, change is most often met with resistance, but it has been good. There’s been a lot of support that surprised me, of course there’s a lot of people saying I’m here for box-ticking reasons,” Schiff said.

She added that this is not the reason why she is in Formula 1 and ticks a lot of boxes other than why everyone wants to say “I’m here for this!” The 38-year-old told UK-based website Voice-online.

“You are going to face this criticism, but it does not change how I feel. I love motorsport and I’m grateful to be here and everyone in the paddock has been very welcoming.

Schiff further mentioned that she is not distracted by negative comments on the outside as it is normal and she is happy that the people she works with are good.

“There are always keyboard warriors out there who will have their say, but when it comes to the paddock and the people I work with, everyone has been great.” She added.

Born May 18, 1994 in Antwerp to a Rwandan mother and a Belgian father, Schiff started racing at the age of 11 with karting in South Africa where she grew up.

Her main achievements in motor racing include the 2014 Clio Cup Asia Championship title where she won seven out of 10 starts, as well as the 2018 KTM GT4 X-Bow Battle Championship title as well as a second place at the 24 Hours Nürburgring ADAC Zurich 2018.

editor@newtimesrwanda.com

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Tony Brooks, last F1 winner of the 1950s, dies at 90 https://tasman-series.com/tony-brooks-last-f1-winner-of-the-1950s-dies-at-90/ Wed, 04 May 2022 12:15:18 +0000 https://tasman-series.com/tony-brooks-last-f1-winner-of-the-1950s-dies-at-90/ Tony Brooks, the British ‘racing dentist’ who was the last Formula 1 Grand Prix winner of the 1950s and finished second in the 1959 world championship, has died aged 90. “I was saddened to hear the news of Tony Brooks’ death,” Formula 1 chief executive Stefano Domenicali said in a statement. 1 Related “He was […]]]>

Tony Brooks, the British ‘racing dentist’ who was the last Formula 1 Grand Prix winner of the 1950s and finished second in the 1959 world championship, has died aged 90.

“I was saddened to hear the news of Tony Brooks’ death,” Formula 1 chief executive Stefano Domenicali said in a statement.

“He was part of a special group of riders who pioneered and pushed the boundaries in times of great risk.”

Charles Anthony Standish Brooks, known as Tony, won six Grands Prix during one of the sport’s deadliest eras, making his league debut with BRM in 1956 and retiring in 1961 at the age 29 years old.

He also drove for Vanwall, Ferrari and Cooper.

“Brooks was a terrific driver, the greatest – if he’ll forgive me for saying it – an ‘unknown’ racing driver that ever existed,” fellow deceased Stirling Moss told writer Nigel Roebuck in the book. 1986 “Grand Prize Greats”.

“He was much better than several people who won the world championship.”

The Briton, an avid amateur racer, was a 23-year-old dental student at the University of Manchester preparing for his final when he won the non-championship 1955 Syracuse Grand Prix in Sicily.

“I was sucking when they [Connaught] called me, a few days before the race,” he recalled. “I had never sat in a Formula 1 car before, but I said yes distractedly and hung up the phone.

He missed the first day of testing, learned the track on a rental scooter and beat the factory Maseratis of established F1 drivers Luigi Musso and Luigi Villoresi.

Brooks won the 1957 British Grand Prix for Vanwall, in a car shared with Moss, and triumphed for Ferrari in France and Germany in 1959, the year he finished second overall behind Australian Jack Brabham.

He was also twice vice-champion in Monaco.

Only Argentinian Juan Manuel Fangio, Italian Alberto Ascari and Moss won more races than him in the 1950s.

“For six or seven years I raced and loved it,” he said. “But I never had the dedication of, say, Stirling. It was never going to be my life. Just part of it.”

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Stellantis CEO defends Alfa Romeo and Sauber partnership in Formula 1 https://tasman-series.com/stellantis-ceo-defends-alfa-romeo-and-sauber-partnership-in-formula-1/ Sat, 30 Apr 2022 22:00:12 +0000 https://tasman-series.com/stellantis-ceo-defends-alfa-romeo-and-sauber-partnership-in-formula-1/ Stellantis CEO Carlos Tavares believes it’s time for more openness in Formula 1 when it comes to commercial models, like Alfa Romeo-Sauber. Alfa Romeo’s presence in Formula 1 is rather unique, because although the Alfa Romeo Formula 1 team is on the grid, the team is not actually owned and run by Alfa Romeo. Instead, […]]]>

Stellantis CEO Carlos Tavares believes it’s time for more openness in Formula 1 when it comes to commercial models, like Alfa Romeo-Sauber.

Alfa Romeo’s presence in Formula 1 is rather unique, because although the Alfa Romeo Formula 1 team is on the grid, the team is not actually owned and run by Alfa Romeo.

Instead, since 2019 Sauber has operated the team as Alfa Romeo in a partnership between the two.

Jean Philippe Imparato, the CEO of Alfa Romeo, recently confirmed that Alfa Romeo will review the partnership and announce whether or not it should be renewed in July.

Motorsport.com would ask Tavares if there is any interest in Alfa Romeo having a firmer presence in Formula 1, beyond the name and colors of the car.

He did, however, respond by explaining that there is no one business model for Formula 1, a reality he thinks people should start to understand.

When asked if Alfa Romeo wanted more than its current Formula 1 ‘branding exercise’, Tavares replied: “I would respectfully disagree and avoid speculation.

“Today we have a strong partnership that works, the team is called Alfa Romeo F1 Team, and I don’t think it’s fair to criticize the fact that we have a strong partnership.

“Why should we think there is only one way to be in F1? What’s the benefit? We want motorsport fans to see good racing, overtaking, braking, tire management, etc., and that’s what matters.

“What I would like to point out is that there is not just one way to be in F1, I wonder what is wrong with a strong partnership in a team called Alfa Romeo. F1 Team.

“If the team is motivated, if the employees are enthusiastic about what they are doing, if the results are improving, if the drivers are saying that the car is getting better and better, if we are here today to talking about Alfa Romeo… well, it’s because It just works.

“So we should open our minds to the fact that the business models of presence in F1 are more than one, maybe two, maybe three, maybe more. That’s my answer.

Tavares was also asked if he would like to see an Italian driver back with the Alfa Romeo team, after Antonio Giovinazzi was dropped from the lineup at the end of 2021.

He is very open to this idea, but stressed that it should be realized through performance.

“If he’s going to be the best, why not, I would love that,” Tavares said.

“We just have to make sure he helps make the difference on the grid, it’s all about performance.”

Alfa Romeo has presented an all-new range for 2022 consisting of Valtteri Bottas and rookie Zhou Guanyu.

Bottas is already enjoying life with the team, scoring 24 dots in the first four races, with a best result of P5 at Imola.

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Formula One Group (FWONK) will release its results on Friday https://tasman-series.com/formula-one-group-fwonk-will-release-its-results-on-friday/ Fri, 29 Apr 2022 05:52:13 +0000 https://tasman-series.com/formula-one-group-fwonk-will-release-its-results-on-friday/ Formula 1 Group (NASDAQ:FWONK – Get a rating) is expected to release its earnings data before the market opens on Friday, May 6. Analysts expect Formula One Group to post earnings of ($0.17) per share for the quarter. Those interested in listening to the company’s earnings conference call can do so using this link. Formula […]]]>

Formula 1 Group (NASDAQ:FWONKGet a rating) is expected to release its earnings data before the market opens on Friday, May 6. Analysts expect Formula One Group to post earnings of ($0.17) per share for the quarter. Those interested in listening to the company’s earnings conference call can do so using this link.

Formula 1 Group (NASDAQ:FWONKGet a rating) last announced its results on Friday, February 25. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 per ($0.81). The company posted revenue of $787.00 million for the quarter, versus a consensus estimate of $726.07 million. Formula One Group recorded a negative net margin of 8.90% and a negative return on equity of 1.01%. On average, analysts expect Formula One Group to post EPS of $0 for the current fiscal year and EPS of $1 for the next fiscal year.

Shares of NASDAQ FWONK opened at $64.59 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt ratio of 0.86. The stock has a market capitalization of $14.93 billion, a PE ratio of -78.77 and a beta of 1.23. The stock’s fifty-day simple moving average is $64.14 and its two-hundred-day simple moving average is $61.34. Formula One Group has a 12-month low of $42.84 and a 12-month high of $71.17.

Several analysts have published reports on the company. Rosenblatt Securities took over coverage of Formula One Group in a research report on Monday. They set a “buy” rating and a target price of $81.00 on the stock. JPMorgan Chase & Co. raised its target price on Formula One Group from $65.00 to $77.00 in a Thursday, April 21 research report. StockNews.com assumed coverage on Formula One Group in a research report on Thursday, March 31. They have placed a “holding” rating on the stock. Zacks Investment Research elevated Formula One Group from a “sell” rating to a “buy” rating and set a price target of $75.00 for the company in a research report on Monday. Finally, Morgan Stanley raised its price target on Formula One Group from $55.00 to $58.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 26. One research analyst rated the stock with a sell rating, three issued a hold rating and four issued the company a buy rating. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $62.43.

In other news, major shareholder Gamco Investors, Inc. Et Al bought 5,000 shares of the company in a deal that took place on Wednesday, April 20. The shares were purchased at an average price of $28.02 per share, with a total value of $140,100.00. Following the completion of the acquisition, the insider now directly owns 5,000 shares of the company, valued at approximately $140,100. The purchase was disclosed in a legal filing with the SEC, which is available via this link. Over the past ninety days, insiders have acquired 11,000 shares of the company valued at $302,800.

A number of hedge funds and other institutional investors have recently changed their stock holdings. California State Teachers Retirement System increased its position in Formula One Group by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 261,818 shares of the company valued at $16,557,000 after purchasing an additional 4,562 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of Formula One Group by 5.5% during the 4th quarter. Parametric Portfolio Associates LLC now owns 260,869 shares of the company worth $16,497,000 after purchasing an additional 13,528 shares during the period. Allstate Corp increased its stake in shares of Formula One Group by 275.5% during the 4th quarter. Allstate Corp now owns 22,828 shares of the company worth $1,444,000 after purchasing an additional 16,749 shares during the period. Finally, Metropolitan Life Insurance Co NY acquired a new equity stake in Formula One Group during Q4 worth approximately $250,000. Hedge funds and other institutional investors hold 84.64% of the company’s shares.

Formula 1 Group Company Profile (Get a rating)

Formula One Group is active in the motorsport sector in the United States and internationally. It owns the commercial rights to the World Championship, a roughly nine-month motor racing-based competition in which teams compete for the constructors’ championship and drivers compete for the drivers’ championship.

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Earnings history for Formula One Group (NASDAQ:FWONK)



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“A technical masterpiece” – How do the cameras work in Formula 1 to film the race? https://tasman-series.com/a-technical-masterpiece-how-do-the-cameras-work-in-formula-1-to-film-the-race/ Wed, 27 Apr 2022 14:00:17 +0000 https://tasman-series.com/a-technical-masterpiece-how-do-the-cameras-work-in-formula-1-to-film-the-race/ Formula 1 is a racing spectacle and the production behind capturing a race is nothing short of a technical marvel. Formula 1 is the pinnacle of motorsport as it uses the world’s leading technologies to create the most engaging racing experience in a single-seater. A lot goes into creating an F1 race to keep the […]]]>

Formula 1 is a racing spectacle and the production behind capturing a race is nothing short of a technical marvel.

Formula 1 is the pinnacle of motorsport as it uses the world’s leading technologies to create the most engaging racing experience in a single-seater.

A lot goes into creating an F1 race to keep the fans going and grab the attention of the spectators. From the track to the design of the car, from high-speed cornering to strategies, everything in the sport requires high-tech equipment.

The same goes behind filming the race for viewers. Filming an F1 race includes helicopter shots, dash cams, helmet cams and several other fixed cameras around the track.

Let’s dive into the details of how these cameras provide an immersive experience for viewers by capturing tiny details of everything.

Read also : The Ferrari star has cars in his garage worth $7 million

Mobile cameras in Formula 1

The first cameras on the list are helicopter cameras that hover around the tracks. This is probably the most expensive camera on the circuit. Whether capturing an overview shot of the circuit or following the action of all the cars on the track, helicopter cameras ensure an immersive experience for spectators.

As the helicopter continues to move, the onboard cameras use an advanced stabilizer to eliminate any bumps in the shot. The camera is connected to a control panel which is operated by a professional seated next to the pilot.

The operator and pilot work as a team to achieve the perfect angle by constantly communicating where the helicopter needs to be to give the audience context of the race.

Then come the on-board cameras. These cameras capture some of the most exciting racing events. According to the technical regulations, there must be five on-board cameras on each car.

Two of these cameras are placed in the T-shaped housing just above the driver. One of them is pointed forward while the other captures the rear of the car.

The others are placed on the nose and the frame. The fun fact is that, combined, these cameras weigh less than four pounds.

Then finally comes the cable cam. This camera is located between the pit lane and the finish straight. It is attached to a set of cables that can travel at over 130 km/h.

These cams are primarily used to track cars as they enter or exit pit lane. It also captures details of the car before it drives off after lights out. These cameras are commonly referred to as camcats and are also used in the Olympics.

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Types of Fixed Cameras

One of the most important cameras in F1 is the track camera. There are about 25 of these cameras around the track. Although this number may vary from track to track.

Trackside cameras help viewers understand the location of cars on the track. Without these cameras, it would be impossible to cover the race. Especially when there are multiple things happening around the track.

High-tech slow motion cameras are combined with ground cameras. These are positioned on the key parts of the circuit. The footage from these cameras is strictly used to replay the footage and give the audience a detailed picture of a certain incident on the track.

F1 uses a super advanced slow motion camera that can shoot up to 5850 frames per second.

Next are the specialized cameras that are mounted around the circuit. These include multiple cameras embedded in the track, five roving cameras in the pit lane to capture activity.

There are a handful of specialized cameras that capture the reaction of the crowd from the pavilion and a few other cameras that capture pit stops.

Interestingly, there is another camera which is mounted on top of a scissor lift. These are usually placed at the end of the opening straight.

To operate them, an operator goes to the top of the scissor lift. It captures a unique image as the cars rush around the first corner of the race.

In total, around 126 different cameras film a race during a Grand Prix weekend.

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