Search This Blog

Tuesday, February 27, 2018

NICHOLAS LATIFI MISSES BARCELONA TEST DUE TO HEALTH REASONS

Credit: Octane Photographic Ltd
Sahara Force India reserve driver Nicholas Latifi will not drive in 2018 Formula 1 pre-season testing at the Circuit De Barcelona-Catalunya this week due to health reasons.

The Canadian was expected to take part in the final day of the first Barcelona test with Force India. However, he tweeted yesterday announcing that he is being hospitalised due to a serious infection.

“A serious infection put me in hospital last week and I’m no recovering at home” said Latifi on his official twitter account.

“Aiming to be back on track in the next four weeks.”

Latifi will get further opportunities to drive the Force India VJM11 over the season in numerous of tests and free practice sessions.

The Silverstone based team has yet to decide who will take Latifi’s place for the test on Thursday.

Nikita Mazepin drove the new car yesterday in the first pre-season test, setting the twelfth fastest time and completing a total of 22 laps.

Esteban Ocon is testing today for Force India whilst his team-mate Sergio Perez will be behind the wheel tomorrow.

Source: AARON GILLARD

Bernie Ecclestone emerged from his hibernation


At the age of 87 Bernie Ecclestone still seems to be having trouble coming to terms with the fact that Formula 1 is no longer his train set and with a number of tame media people, feeding off the connection, he is able to continue to get stories in the newspapers and, the media being as it is these days, these stories are copied and so he can get whatever he wants into the public domain.

This week he has been going on about Ferrari starting a new championship, which is impossible of course because of the 100-year deal between the FIA and the Formula One group, which means that any new series could not be a World Championship, which means that no-one is going to be interested. For the FIA to break the deal with Formula One group would be possible but the cost of a settlement is unthinkable given the length of the deal and the lucrative nature of the sport.

Bernie knows this and is clearly doing it simply to stir up trouble, just as talking openly about a race in Hanoi is irritating to Liberty Media, who are in the process of doing a deal and want to keep things under wraps until the contracts are signed. It is now certain that F1 will go to Vietnam and that it will be a government-funded race. One can argue that Vietnam has no history in racing, but the reality is that it does not matter much. A race in Vietnam would act as another race to help boost interest in F1 in China. 

The goal is to spread F1 around the world in such a way as to spread the coverage in order to create strong TV packages in the different time zones, adding a race in Hanoi, who help to create a proper Asian zone with China, Singapore and Japan. A second race in China would be useful with Macau being the obvious place to do a street race, in the new parts of the city, where reclaimed land means that there is space to do it. This is also now linked to Hong Kong and its international by a vast bridge and so there is plenty of scope of spectators to drive over for the race itself.

Not all of Bernie's utterances are designed to disrupt, however. Some may be designed to draw attention away from things that he does not want to see in the public domain and, as every magician knows, misdirection is central to the art of magic. So having the audience focussed on a breakaway series and a race in Vietnam, or the halo, or whatever, might be useful because it stops the media focus switching to other questions, such as: what is going on with Bernie at the moment?

At 87 most people are busy in their gardens, but Mr E is rumoured to being kept busy by the HM Revenue & Customs, having been questioned by HMRC at a police station in London, under caution. This is a process in Britain in which someone suspected of having committed an offence may be interviewed under caution before a decision is taken whether or not to prosecute.

There is no suggestion that Ecclestone has broken the law but one can volunteer to answer questions so that investigators can gather evidence which would otherwise be difficult to obtain, discover whether there are further lines of inquiry and give the interviewee the opportunity to answer allegations and give their own account of events.

The question that HMRC is trying to answer is whether or not tax should have been paid on profits made during the sale of the Formula 1 shares by the Ecclestone family's Bambino Trust. HMRC ruled in 2008 that the Bambino Trust had not breached any rules but in 2014 the case was revived with investigators claiming that they had been misled and in 2015 Ecclestone was reported to have been issued with a breathtaking tax bill of $1.43 billion. He filed various lawsuits to block the bill.

No-one involved is keen to speed about the dispute in public but it has been reported that Ecclestone's daughter Tamara was also questioned. There is no suggestion that the law has been broken but if the investigators decided that a case could be made, it will be presented to the Crown Prosecution Service. In October last year Ecclestone relocated to Switzerland.

Source: JSBM

Monday, February 26, 2018

FATHER OF THE LATEST FORD GT LEFT THE COMPANY


Raj Nair, the head of Ford's US operations, and the man who was behind the successful Ford GT programme at Le Mans has left his role with immediate effect, following an internal investigation into inappropriate behaviour.

Nair is important in motorsport because he was one of the biggest supporters of competition in the top ranks in Detroit. He has long been a Formula 1 fan and keen on sports cars and led the company back to Le Mans in 2016, to win the GT Class on the 50th anniversary of the company's celebrated win in 1966. The son of a college professor, he grew up in St Louis, Missouri and then studied mechanical engineering at the then General Motors Institute in Flint, Michigan.


He joined Ford in 1987 and played a key role in developing the F-Series pick-up. He would go on to serve as VP of operations for Ford Asia-Pacific and Africa and in April 2012 was named as Executive VP and Chief Technical Officer of Ford's global product development. He was promoted to be head of the company's US operations after Jim Hackett took over as Ford CEO last summer.

"We made this decision after a thorough review and careful consideration," the company said. "Ford is deeply committed to providing and nurturing a safe and respectful culture and we expect our leaders to fully uphold these values."

Nair ssaid that he sincerely regretted "that there have been instances where I have not exhibited leadership behaviours consistent with the principles that the company and I have always espoused."

It is not clear what this means. Ford is doing well financially at the moment with solid growth in the fourth-quarter of 2017, beating estimations with revenues of $41.3 billion. Despite this shareholders are worried about Hackett's leadership and the company's share price has dropped from $13.23 in mid-January to $10.70 in recent days, a fall of 19 percent. It remains to seen whether this will impact of the company's motorsport activities, which include a major presence in NASCAR, some support for M-Sport in the World Rally Championship and the GT programme.

Nair's replacement as head of Ford North America is Kumar Galhotra who led the Lincoln Motor Company and was Ford's chief marketing officer.

Source : JSNL

Monday, February 19, 2018

Former Sauber team principal Monisha Kaltenborn back in racing.

Former Sauber team principal Monisha Kaltenborn has launched her own Formula 4 team which will compete in the Italian and German Championships. The team will be known as KDC Racing and is jointly owned by Kaltenborn and French- Monegasque businesswoman Emily di Comberti.

Source:JSNL

TIME FOR CHANGE AT NASCAR ?



The gathering of the NASCAR clans in Daytona, for the start of the new season, has added to the rumours circulating that NASCAR made be on the market, perhaps with the International Speedway Corporation (ISC) also included in the deal. In recent months the two companies have started to appoint executives with joint roles covering the two entities, something that was always strenuously avoided in the past because of fears of competition problems.

The company has also begun an international expansion programme, which would no doubt add value to the business. There has even been speculation that Speedway Motorsports, Inc. (SMI), the rival company headed by O Bruton Smith might even be included in a deal. NASCAR is privately-owned but ISC and SMI. are listed companies.

There is no doubt that there are plans to consolidate the sport, NASCAR chairman Brian France has said as much, and there is also no doubt that NASCAR leaders will have been closely watching the recent Liberty Media purchase of Formula 1 for $8 billion.

One name that has been mentioned in Daytona is that of Comcast, the Liberty rival that is the owner of NBC Sports, which owns some of the NASCAR television rights and Xfinity, the sponsor of the second string NASCAR championship. There is currently a trend amongst such companies to try to buy control of content.

NASCAR owns its own digital media network, negotiates all the major media deals and administers the charter system. Although it does not own any speedways, ISC controls 19 of the 36 Cup races,
with SMI organising 12 and the remaining five being run by smaller operations.

The France family could stay involved but such a transaction could unlock value and allow the company (or perhaps only the family) to diversify into other sports. This might explain the rumours that Brian France and Bruton Smith are both interested in buying control of the Carolina Panthers NFL franchise, a deal which might also involve NASCAR team owner Felix Sabates. NASCAR has denied the story, but if it was a family move, there is no reason to suggest that the sanctioning body would be involved.

NASCAR has been struggling with its popularity in recent seasons and new blood might help turn that around, with savings and possible expansion, investors might see the potential to make money.

Source: JSNL

PROFITABILITY AND RUNNING COST F2-F3

Back in 2015 the FIA invited bids for a Formula 2 Championship with the stipulation that the budget be restricted to $1.5 million per car per season, a deal for seven years with an option for another six and a guarantee of 20 cars. No-one was interested in the terms on offer, but eventually a deal was hammered out with the Formula 1 group to turn GP2 into Formula 2 in 2017. The budgets were by then getting close to $2 million per car, making it difficult for teams to find drivers, unless they were from wealthy families, or they were supported by F1 junior team programmes. There are similar problems in Formula 3, with European Championship budgets now around $800,000 per car per season. In an effort to help out the FIA fiddled with the Superlicence rules to make drivers go through Formula 2, but it has been clear for a while that getting a full field of 26 cars in F2 was going to be impossible in 2018, when the series starts a new three-year cycle, with a new turbo engine and a new Dallara chassis. 

The GP2 Motorsport Ltd company, which oversees both Formula 2 and GP3 showed a profit margin of 18 percent in its last registered accounts, back in 2016, with a gross profit of $4.4 million on a turnover of $25 million, $14.4 million derived from Formula 2 and $10 million from GP3. The activities have now been taken over by a new company called Formula Motorsport Ltd, while European Formula 3 is promoted by Formel 3 Vermarktungs GmbH. In an effort to keep up entries, the FIA and the promoter have increased prize money considerably in Formula 3, but it is clear that more needs to be done and the likely outcome is that there will be a new Formula 3, run alongside Formula 2 at Grands Prix, but based on machinery that is more advanced than the national F3 championships, but a great deal cheaper than all the current machinery.

As to Formula 2, a similar cheaper concept is going to be required sooner rather than later, although a change of attitude from Liberty Media (which is possible) could provide a better value championship that would draw more teams and better drivers, something which can only be good for the sport.

Source: JSNL

CO2 MYTH AND BATTERY POWERED CARS...

Image result for electric race car

Crusades are dangerous things because people are swept along in them, without necessarily questioning what they are doing. At the moment, government everywhere are pushing for more electric cars, as they think this will help to solve the problems of CO. emissions, which need to be addressed. Car companies, wishing to be seen to be following the right trends, are rushing into Formula E so that they can display their "green" credentials. But even if Peugeot boss Carlos Tavares has launched the DS brand into the electric championship, he is vocal in his opposition to the industry being forced to adopt electric cars.

"The world is crazy," he says. "The fact that the authorities order us to go in a technological direction, that of the electric vehicle, is a big turning point. I don't want the world to discover in 30 years that this is not as good as it looks, in terms of recycling  batteries, the use of rare materials, the electromagnetic emissions of the battery in recharging situations. And how are we going to produce more clean electrical energy?"

Tavares adds that no-one wants to listen to him because he is a car manufacturer.

Developing better equipment is obviously key, but the electric motors of the modern era are already small, efficient and free of all emissions when they are operating.

The problem is that they require batteries to store the electricity that runs them and progress in battery development is very slow, and there is a huge mountain to climb for battery-powered vehicles to be on a par with conventional machinery. Gasoline has around 30 times the energy density of the best battery.

Cost is also an issue and while the price of lithium ion batteries has fallen considerably in recent years, but they are still very expensive, with a replacement battery for a Chevrolet Bolt, for example, being priced at $15,700, which is around 40 percent of the cost of the entire vehicle. And industry analysts say that it will be at least another 10 years before electric cars reach the same price as regular gasoline-powered cars.

The current generation of electric vehicles need to be recharged after a couple of hundred miles (at best) and even the biggest fans of electric technology accept that it will take at least 10 years to double the range of electric cars, and to reduce the charging times required. Having said that, current EVs meet the needs of the majority of people using them because they are only ever used over short distances, travelling to and from work. They cannot drive for long distances.

The French government's Agence De l'Environnement et de la MaƮtrise de l'Energie (ADEME) concluded this in a study five years ago, but it has been ignored by the government. Thus, it is argued, the government is crazy to be paying $70 billion in order to install seven million charging stations in the next few years and providing subsidies on electric vehicles. Some even argue that this is being done to aid the country's electricity companies which have faced falling or stagnant demand in recent years. With the government also committed to moving away from nuclear power stations, which produce around 80 percent of all French electricity, it is a real problem.

According to the IVL Swedish Environmental Research Institute, manufacturing every kilowatt-hour of lithium-ion battery storage for a Tesla releases 150 to 200 kilograms of carbon dioxide into the atmosphere. In other words, each Model S is responsible for about 17.5 tons of CO. even before it has turned a wheel and to return the vehicle to carbon neutral status requires around eight years of driving. Other studies suggest that battery manufacturing creates so much CO. that one needs to travel more than 50,000 miles in an electric car before it becomes less polluting than a conventional internal combustion engined automobile, which amounts to an electric car being driven for 20 miles every working day (allowing for weekends and holidays) for 10 years before the car clears its "carbon debt". And that is without taking into account the electricity being used to power the car.

The University of Michigan recently calculated the “well-to-wheels” production of automotive greenhouse gases involved in electric cars, with power generated by coal is equivalent to 29 miles per gallon of petrol. Solar power rates 350 mpg, nuclear power boosts this to 2,300 mpg and hydro-electricity tops the bill with a spectacular 5,100 mpg, allowing for the CO. produced when building dams.

The development of more efficient hybrid cars may be a compromise but many in the industry think that this is still the best model for the foreseeable future, which is why F1 is continuing down its path, trying to improve thermal efficiency - and creating some extraordinary gains in the last few years.

Source: JSNL

Honda considering buying an F1 team ?



The new Scuderia Toro Rosso-Honda relationship, which is of great importance for the future of the Japanese manufacturer in F1. One thing is fairly certain, if the engines are not a success there is a strong likelihood that Honda will pull out of Formula 1 fairly quickly.

The company has already suffered a huge amount of negative publicity as a result of its failed partnership with McLaren. Toro Rosso will be less in the public eye, but it will give Honda the chance to show its pace. And while some believe that Honda will link up with Red Bull if the engines are good, others say that Honda is vary wary of dealing with the Milton Keynes team, because of its troubled relationship with Renault in the past. The Japanese do not want to be associated with a company that claims success as its own, while failure is blamed on partners.

The most likely scenario if the Honda engine is good is that the Japanese will buy an existing operation, the obvious choice being Force India (or whatever it is called). This will give the Japanese the chance to control their own future, while using a team that has proven to be successful and efficient. Some Honda money and improved facilities could turn the team into a real powerhouse, after which the troubled years will be forgotten, just as the troublesome period between 1983 and 1985 was forgotten when Honda became the dominant force with McLaren at the end of the decade. 

The Honda board of directors is rumoured to have come very close to shutting down the programme last year and so the engineers in Japan know that their heads are on the chopping block. The improvement seen by McLaren in the course of the year was impressive, despite the decision to split, and so Honda is likely to be a focus for rumours in the months ahead. CEO Takahiro Hachigo is keeping the pressure on, as he tries to revive the company.

Source: JSNL