Category: Formula 1

  • Bernie’s 40-year reign comes to an end as Liberty appoints Chase Carey as CEO

    Formula 1 Appoints Chase Carey as Chief Executive Officer and Bernie Ecclestone as Chairman Emeritus

    ENGLEWOOD, Colo. & LONDON–(BUSINESS WIRE)– Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, LMCA, LMCK) and Delta Topco, the parent company of Formula 1 (Delta Topco herein referred to as “Formula 1” or “F1”) announced today that Liberty Media has completed its previously announced acquisition of F1, the iconic global motorsports business, from a consortium of sellers (the “Selling Shareholders”). F1 has appointed Chase Carey as Chief Executive Officer of F1, in addition to his existing role as Chairman, and Bernie Ecclestone as Chairman Emeritus of F1. Bernie Ecclestone, who has given valuable service to F1 over many years, will be available as a source of advice for the board of F1.

    Greg Maffei, President and CEO of Liberty Media Corporation, commented:

    “We are delighted to have completed the acquisition of F1 and that Chase will lead this business as CEO. There is an enormous opportunity to grow the sport, and we have every confidence that Chase, with his abilities and experience, is the right person to achieve this. I’d like to thank Bernie Ecclestone, who becomes Chairman Emeritus, for his tremendous success in building this remarkable global sport.”

    Chase Carey, Chairman and CEO of F1, said:

    “I am excited to be taking on the additional role of CEO. F1 has huge potential with multiple untapped opportunities. I have enjoyed hearing from the fans, teams, FIA, promoters and sponsors on their ideas and hopes for the sport. We will work with all of these partners to enhance the racing experience and add new dimensions to the sport and we look forward to sharing these plans overtime.”

    “I would like to recognise and thank Bernie for his leadership over the decades. The sport is what it is today because of him and the talented team of executives he has led, and he will always be part of the F1 family. Bernie’s role as Chairman Emeritus befits his tremendous contribution to the sport and I am grateful for his continued insight and guidance as we build F1 for long-term success and the enjoyment of all those involved.”

    Bernie Ecclestone, Chairman Emeritus of F1, added:

    “I’m proud of the business that I built over the last 40 years and all that I have achieved with Formula 1, and would like to thank all of the promoters, teams, sponsors and television companies that I have worked with. I’m very pleased that the business has been acquired by Liberty and that it intends to invest in the future of F1. I am sure that Chase will execute his role in a way that will benefit the sport.”

    The consideration for Liberty Media’s acquisition of 100% of the shares of F1(1) was comprised of cash and newly issued Series C shares of the Liberty Media Group tracking stock (“LMCK”) and a debt instrument exchangeable into shares of LMCK. The transaction price represents an enterprise value for F1 of $8.0 billion and an equity value of $4.4 billion(2).

    With the completion of the acquisition, the Liberty Media Group will shortly be renamed the Formula One Group and the ticker symbols for the Series A, Series B and Series C Liberty Media Grouptracking stocks will be changed from LMC (A/B/K), respectively, to FWON (A/B/K), respectively, soon after the group name change has become effective. Liberty Media expects the group name change and the symbol change to occur later this week. F1 will remain based in London and Greg Maffei will be Deputy Chair of the board of F1.

    The Selling Shareholders received a mix of consideration comprising: $3.05 billion in cash, approximately 56 million newly issued shares of LMCK and a $351 million exchangeable debt instrument to be issued by F1 and exchangeable into shares of LMCK. The cash component of the acquisition was funded from cash on hand at the Liberty Media Group. The newly issued LMCK shares are subject to market co-ordination and lock-up agreements.

    F1, along with $4.1 billion of existing F1 debt (which is non-recourse to Liberty Media) and $0.7 billion in F1 cash(3), is attributed to the Liberty Media Group tracking stock.

    Concurrently with the consummation of the acquisition, certain third party investors subscribed for $1.55 billion of newly issued shares of LMCK at a price of $25.00 per share. The proceeds from this investment were used to increase the cash portion of the aggregate consideration payable to the Selling Shareholders. The third parties are Coatue Management, L.L.C., D. E. Shaw Group, JANA Partners LLC, Ruane, Cunniff & Goldfarb Inc., Soroban Capital Partners LP, SPO Advisory Corp., andViking Global Investors LP (collectively the “Third Party Investors”).

    Also concurrently with the completion of the acquisition, Liberty Media used the net proceeds of its previously announced cash convertible senior notes offering to increase the cash consideration payable to the Selling Shareholders by approximately $400 million for total cash consideration of $3.05 billion and retain in treasury the approximately 19 million shares that would otherwise have been issuable to the Selling Shareholders based on the per share purchase price of $21.26. These LMCK shares will be reserved by Liberty for possible sale to the F1 teams. To the extent such shares are not sold to F1 teams within six months following the closing of the F1 acquisition, the shares will be retired.

    The aggregate number of LMCK shares issued at the F1 closing was allocated as follows: approximately 56 million to the Selling Shareholders, 62 million to the third party investors and approximately 19 million into treasury. Following the completion of the acquisition, there are approximately 217 million shares of LMCK common stock outstanding (pro-forma for the dilutive impact of the $351 million LMCK exchangeable security and excluding the aforementioned approximate 19 million shares retained in treasury). Following the completion of the F1 acquisition and the issuance of shares to the Third Party Investors (excluding the potential issuance of those shares retained in treasury), the Third Party Investors in the aggregate own approximately 29%(4)of the Liberty Media Group’s outstanding equity and the Selling Shareholders own approximately 33%(4) of the Liberty Media Group’s outstanding equity and have board representation at F1 to support Liberty Media in continuing to develop the full potential of the sport.

    Liberty Media’s President and CEO, Greg Maffei and Formula 1’s Chairman and CEO, Chase Carey will be appearing on the CNBC television program “Squawk Box” from 7:00 am ET to 9:00 am ET on Tuesday, January 24, 2017 to discuss the completion of the acquisition in more detail. During their appearance, Mr. Maffei and Mr. Carey may make observations regarding Liberty Media’s and Formula 1’s financial performance and outlook and the impact of current economic trends.

    Forward-Looking Statements

    This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the acquisition of Formula 1, the expected benefits of the transaction, the renaming of the Liberty Media Group and the corresponding change in ticker symbols and other matters that are not historical facts. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These forward looking statements speak only as of the date of this press release, and Liberty Media expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Media’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Liberty Media, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, for risks and uncertainties related to Liberty Media’s business which may affect the statements made in this press release.

    About Liberty Media Corporation

    Liberty Media Corporation operates and owns interests in a broad range of media, communications and entertainment businesses. Those businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Braves Group and the Liberty Media Group. The businesses and assets attributed to the Liberty SiriusXM Group (Nasdaq: LSXMA, LSXMB, LSXMK) include Liberty Media’s interest in SiriusXM. The businesses and assets attributed to the Braves Group (Nasdaq: BATRA, BATRK) include Liberty Media’s subsidiary Braves Holdings, LLC. The businesses and assets attributed to the Liberty Media Group (Nasdaq: LMCA, LMCK) consist of all of Liberty Media’s businesses and assets other than those attributed to the Liberty SiriusXM Group and the Braves Group, including Formula 1, Liberty Media’s interest in Live Nation Entertainment, and minority equity investments in Time Warner Inc. and Viacom.

    About Formula 1

    Formula 1®, which began in 1950, is the world’s most prestigious motor racing competition and is the world’s most popular annual sporting series. In 2016 it was watched by 400 million unique television viewers from over 200 territories. The 2016 FIA Formula One World Championship(TM) ran from March to November and spanned 21 races in 21 countries across five continents. Formula One World Championship Limited is part of Formula 1, and holds the exclusive commercial rights to the FIA Formula One World Championship(TM).

    Formula 1 is a subsidiary of Liberty Media Corporation (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, LMCA, LMCK) attributed to the Liberty Media Group tracking stock. With the completion of the acquisition of Formula 1 announced today, Liberty Media announced that the Liberty Media Group will shortly be renamed the Formula One Group and the ticker symbols for the Series A, Series B and Series C Liberty Media Group tracking stocks are expected to be changed from LMC (A/B/K), respectively, to FWON (A/B/K), respectively.

    For more information on Formula 1® visit www.formula1.com.

     References cited above:
    (1) Other than a nominal number of shares held by certain Formula 1 teams.
    (2) Calculated at time of transaction announcement.
    (3) Formula 1 cash and debt balances as of 7/31/2016.
    (4) Calculated based on the undiluted share count as of 12/31/2016 and inclusive of the dilutive impact of the $351 million Exchangeable
  • Bottas joins Mercedes, to race along with Hamilton in 2017

    It’s now official: Valtteri Bottas will drive for the Silver Arrows alongside Lewis Hamilton in 2017. Valtteri met his new colleagues this Monday at the team factory in Brackley, a Mercedes AMG Petronas release said.

    Lewis Hamilton and Valtteri Bottas will race for the Silver Arrows in 2017

    • Valtteri Bottas becomes the 11th driver to compete in Formula One with the Silver Arrows
    • Nico Rosberg accepts ambassadorial role with Mercedes-AMG Petronas Motorsport
    • Toto Wolff: “It’s time to see how Valtteri can step up to challenge for wins and Championships”
    • Valtteri Bottas: “I’m grateful to Mercedes for trusting my skills and giving me this opportunity”

    It’s been 45 days since Nico Rosberg dropped the bombshell of his immediate retirement from Formula One. And it left the team with a conundrum: how to best fill the vacant seat alongside three-time champion Lewis Hamilton in order to defend the Constructors’ Championship?

    Following six weeks of detailed evaluation, deliberation and negotiation, the answer can now be confirmed officially: we signed Valtteri Bottas this morning. The 27-year-old native of Nastola, Finland has completed four seasons in Formula One with Williams, making 77 starts and scoring 9 career podiums so far.

    “Sometimes in life, unexpected circumstances provide interesting opportunities. Nico’s decision in December was a big surprise – certainly a challenging situation for the team to handle. But weathering the storm makes you more resilient and we see this as another opportunity for the team to grow,” explained Toto Wolff as he introduced the fourth driver to race for the Silver Arrows in the modern era.

    “Valtteri is a no-nonsense guy: down to earth, straightforward and very focused. Pretty Finnish, to be honest, and a great fit for us. He has an impressive track record in the junior categories and nine podiums in F1. But now it’s time for the next level, to see how he can step up to challenge for race wins and for Championships. We know that we are already behind the curve in terms of preparations for the new season, so we’ve got a busy programme to get him integrated into the team. One thing is for sure: as I know Valtteri, he will give it everything.”

    Valtteri was cautiously optimistic when he met his new team-mates in the factory today. “It’s very exciting times for me,” he grinned. “I think it’s going to take a while to understand that this is really happening. It’s definitely another dream come true, to race in another team with such great history – especially in the recent years, which have been so impressive. I’m really proud to become a part of that and grateful to everyone at Mercedes for trusting my skills and giving me this opportunity.

    “I’ve had a really warm welcome so far. Of course, I have a lot more people to meet and new faces to remember. But initially everything has felt very good. I’m really impressed with the facilities and I’m looking forward to getting to know everyone better. My first experience with Mercedes power was in F3 back in 2009 and, of course, I know the Power Unit well from the last three years with Williams. But there are a lot of new things to learn with the car and also with how the team operates at the factory, in testing and at the races.”

    The scale of the challenge ahead cannot be underestimated. New aerodynamic regulations mean a reset for the entire field and there is genuine uncertainty about which team will emerge on top; Valtteri is paired with probably the most ferociously fast team-mate in the sport, Lewis Hamilton; and there are just 70 days until the red lights go out at the start of the Australian Grand Prix in Melbourne.

    “We have confidence in Valtteri’s ability and it’s one of the reasons that he is the driver we set our sights on this winter,” continued Toto. “The next weeks will be busy as we work to build relationships so Valtteri understands the team and the car. But that’s an exciting challenge that will bring us fresh energy and a new dynamic between the drivers. And, of course, we’re working hard to give Lewis and Valtteri the car they need to do the job.”

    Valtteri is under no illusions about the task ahead: “I’m ready to work hard, to prove myself to the team and to prove my skills. It’s going to be a challenging season and joining a new team makes it more work than normal. But I’m 100% ready for that. I’m training hard to be at my physical best because it will be much tougher with these new cars. I always set the bar really high, so my target is to perform from the first race. I’m full of energy and ready to get to work for this year and hopefully many more to come with Mercedes.”

    The agreement for Valtteri to join Mercedes has not happened in isolation. With today’s announcements that Pascal Wehrlein will join Sauber for 2017, and that Felipe Massa will return to Williams, the final pieces of the puzzle have fallen into place for this year. And that has only been possible thanks to positive working relationships between all the teams involved in a complex chain of negotiations.

    “On behalf of Mercedes, I must thank Williams for their cooperation in allowing Valtteri to make this move – and also Monisha and Sauber for their patience during the past weeks,” concluded Toto. “It’s been a busy day in the driver market and I am pleased to know that Pascal will be racing at Sauber to continue his development in F1. He had a good first season with Manor and we feel this is the right path for him in the sport. It’s satisfying to have both of our Young Drivers taking on new challenges in F1 this year, with Esteban also racing at Force India. We’ll be following their progress closely; I’m sure we’ve got an exciting season ahead of us.”

    From Valtteri, too, there were warm words for his friends and colleagues at Williams: “I had a great seven years there, starting as a test driver in 2010. I’m very proud of what we achieved together and I leave with some very good memories. My debut in F1, my first points and nine podiums all came with the guys and girls at Grove, so I must say a big thanks to everyone and I wish them all the very best for the future.”

    As Valtteri now begins a busy week of technical and physical preparations for the new season, Mercedes-AMG Petronas Motorsport is pleased to confirm that Nico has accepted an ambassadorial role with the team for 2017.

    His first commitment will be tomorrow, in Geneva, alongside former team-mate Lewis Hamilton at the Salon International de la Haute Horlogerie (SIHH) on behalf of team partner IWC Schaffhausen.

    ends

  • Nico’s Formula Won

    Abu Dhabi: With the season poised to end in a grand finale at the Desert destination, Autotrack was present to witness history as Mercedes AMG Petronas driver Nico Rosberg just managed to not only thwart the tough tactics of teammate Lewis Hamilton but also got a well-deserved second place with some astute, error-less driving which was enough for him to take his maiden World Driver’s Championship despite Hamilton winning here in the last GP of the season.

    In full-blown donuts, he soaked in smoke and joy, and as it turned out a week later, it was his last F1 race, as the German champion decided to quit the sport. Winning the championship was his life-time goal and that achieved, he retired. The last two years, despite Mercedes’ domination Rosberg could not win the championship as his teammate Hamilton beat him on both occasions and it was Formula None for the German. Now it’s Formula Won as the German was on the top of the world.

    He also became the first father-son duo to have both won the F1 Drivers’ Championship. The year was completely dominated by the German manufacturer who comfortably won the Constructors’ championship. The two drivers won 19 of the 21 races held in 2016 between them.

    The other big news for India is the 4th place in the Constructor’s Championship for Sahara Force India. The driver duo of German Nico Hulkenberg and Mexican Sergio Perez performed consistently and upped the ante in the second half after the upgrades in Barcelona to seal the important 4th place. Perez finished 7th scoring 101 points while Hulkenberg was 9th with 72 points in his last season with Force India. Perez got two third places at Monaco and Baku but Hulkenberg was unlucky to miss podium finishes, especially at Spa, Belgium, and his points do not justify his vast contribution to the team. Frenchman Esteban Ocon moves to Force India from Manor for 2017 to replace Hulkenberg.

    “The team’s performance is worth 10 times the achievement as we operate with a fraction of the budgets that the top-three teams have at their disposal,’’ said Vijay Mallya, the team Principal, in a chat with Autotrack a couple of seasons back when the team finished fifth. This year he could not attend the races except the one near the team’s base in Silverstone due to his travel restrictions. “His vision and his ability to make the resources available to the team was the reason for this success. The entire team is motivated and worked hard and its a true team achievement and we will continue to fight and lead the midfield,’’ told deputy team boss Robert `Bob’ Fernley to this magazine. Three cheers to the team as it keeps the Indian flag flying at F1.

    With new regulations, the season begins in Australia on March 26, 2017.

    Text: David Bodapati, Photos: Srinivasa Krishnan

    Note: This story first appeared in Autotrack magazine in the Jan-Feb 2017 issue.

    ends

     

     

     

     

     

     

     

     

     

     

     

     

  • Pat Symonds to step down as Williams’ Chief Technical Officer

    Pat Symonds to step down as Williams’ Chief Technical Officer

    Groove (Oxfordshire), 20 Dec 2016: Williams Grand Prix Holdings PLC (Ticker: WGF1) today announced that Pat Symonds will be stepping down from the role of Chief Technical Officer of WILLIAMS MARTINI RACING at the end of 2016.

    Pat joined Williams towards the end of the 2013 Formula One season on a three-year contract, and in that time has helped oversee a strong turn around in the team’s performances on the race track, with 14 podiums secured over the past three seasons. Pat will be departing on 31st December 2016.
    Claire Williams, Deputy Team Principal, said; “Pat has been a tremendous asset to this team over the past three years. Pat’s appointment was the start of a major restructuring exercise, and he has been pivotal in reshaping Williams into what is a much stronger racing team today. I would like to thank him for all of his hard work and commitment during that time. We now look to the future and will be announcing details regarding the team’s technical leadership in due course.”
    eom/Williams Martini Racing press release

    Albert Park, Melbourne, Australia.
    Saturday 15 March 2014.
    Pat Symonds, Chief Technical Officer, Williams F1.
    World Copyright: Glenn Dunbar/LAT Photographic
  • A dream fulfilled: Nico Rosberg retires

    A dream fulfilled: Nico Rosberg retires

    File photo of Nico Rosberg at the Abu Dhabi GP. Rosberg announced his retirement on Friday. Image by Srinivasa Krishnan V
    File photo of Nico Rosberg at the Abu Dhabi GP. Rosberg announced his retirement on Friday. Image by Srinivasa Krishnan V

    Vienna (Austria), 2 Dec 2016: 

    • Nico Rosberg to stop racing in Formula One with immediate effect;
    • The first reigning World Champion to end his career since Alain Prost in 1993;
    • Nico Rosberg: “My proudest achievement to be World Champion with the Silver Arrows”;
    • Toto Wolff: “A brave decision which proves Nico’s strength of character.”

    2016 FIA Formula One World Champion elect Nico Rosberg today announced that he will stop racing in Formula One with immediate effect.

    In an emotional address prior to the 2016 FIA Prize Giving in Vienna, Austria, Nico revealed the reasons behind his decision, which was reached following his crowning achievement in Abu Dhabi last Sunday.

    Nico has competed in a total of 206 Grands Prix and won 23 of them, placing him joint 12th on the all-time list alongside Nelson Piquet. He has scored 30 pole positions (8th all time) and 20 fastest laps.

    Last Sunday in Abu Dhabi, he became the first German driver to win a Formula One World Championship at the wheel of a Mercedes-Benz Silver Arrow.

    Nico Rosberg:

    “Since 25 years in racing, it has been my dream, my ‘one thing’ to become Formula One World Champion. Through the hard work, the pain, the sacrifices, this has been my target. And now I’ve made it. I have climbed my mountain, I am on the peak, so this feels right. My strongest emotion right now is deep gratitude to everybody who supported me to make that dream happen.

    “This season, I tell you, it was so damn tough. I pushed like crazy in every area after the disappointments of the last two years; they fuelled my motivation to levels I had never experienced before. And of course that had an impact on the ones I love, too – it was a whole family effort of sacrifice, putting everything behind our target. I cannot find enough words to thank my wife Vivian; she has been incredible. She understood that this year was the big one, our opportunity to do it, and created the space for me to get full recovery between every race, looking after our daughter each night, taking over when things got tough and putting our championship first.

    “When I won the race in Suzuka, from the moment when the destiny of the title was in my own hands, the big pressure started and I began to think about ending my racing career if I became World Champion. On Sunday morning in Abu Dhabi, I knew that it could be my last race and that feeling cleared my head before the start. I wanted to enjoy every part of the experience, knowing it might be the last time… and then the lights went out and I had the most intense 55 laps of my life. I took my decision on Monday evening. After reflecting for a day, the first people I told were Vivian and Georg (Nolte, from Nico’s management team), followed by Toto.

    “The only thing that makes this decision in any way difficult for me is because I am putting my racing family into a tough situation. But Toto understood. He knew straight away that I was completely convinced and that reassured me. My proudest achievement in racing will always be to have won the world championship with this incredible team of people, the Silver Arrows.

    “Now, I’m just here to enjoy the moment. There is time to savour the next weeks, to reflect on the season and to enjoy every experience that comes my way. After that, I will turn the next corner in my life and see what it has in store for me…”

    Head of Mercedes-Benz Motorsport Toto Wolff:

    “This is a brave decision by Nico and testament to the strength of his character. He has chosen to leave at the pinnacle of his career, as World Champion, having achieved his childhood dream. The clarity of his judgement meant I accepted his decision straight away when he told me.

    “It’s impossible to capture the essence of a person in a few short words. But Nico has a special combination of natural talent and fighting spirit that have brought him to where he is today. Throughout his career, people have thought he was on a golden path to success just because his father was a World Champion; in fact, I think in some ways that made the challenge greater – and meant he had to fight even harder with the weight of expectation on his shoulders.

    “With Mercedes, Nico has been a relentless competitor, bouncing back from tough times in an inspirational way, and he earned the respect of the sport with his tenacity, his fighting spirit and his grace under pressure. Since 2010, he has poured competitive energy into our team and we have grown stronger because of it. We simply say ‘thank you’ for the incredible contribution he has made to our success, alongside two of the all-time great drivers, Michael and Lewis.

    “For the team, this is an unexpected situation but also an exciting one. We are going into a new era of technical regulations and there is a free Mercedes cockpit for the seasons ahead. We will take the necessary time to evaluate our options and then find the right path for our future.”

  • Rosberg wins 2016 F1 Drivers Championship

    Rosberg wins 2016 F1 Drivers Championship

    From Amol S Gokhale

    Yas Marina (Abu Dhabi), 27 Nov 2016: Nico Rosberg was crowned 2016 Formula One World Champion as he finished second behind team-mate and title rival Lewis Hamilton at the season-ending Abu Dhabi Grand Prix. Sebastian Vettel was third for Ferrari.

    Nico Rosberg after winning the 2016 drivers world title at Yas Marina on Sunday. An FIA image
    Nico Rosberg after winning the 2016 drivers world title at Yas Marina on Sunday. An FIA image

    Hamilton took the win he needed in the race but despite a hugely tense finish in which the leading Mercedes drivers were hunted down Sebastian Vettel, Rosberg clung on to second to win the title by just five points.

    Both Hamilton and Rosberg got away well at the start and the pair slotted into first and second respectively. Behind them Daniel Ricciardo bogged down at the start and was quickly passed for third place by Kimi Raikkonen.

    There was trouble too for the other Red Bull driver, Max Verstappen. The Dutchman collided with Force India’s Nico Hulkenberg in Turn One and the Red Bull was pitched into a spin. Verstappen dropped to P22 but quickly began to fight back, rising to P15 by the end of lap four.

    As the first round of pit stop began, triggered by leader Hamilton who took on soft tyres, Verstappen flew up the order and by the time Rosberg made his stop for soft tyres the Dutchman was in P2 behind Hamilton.

    Lapping around half a second off the pace of the race leading Mercedes, Verstappen began to hold up Rosberg, resulting in the German starting lap 17 2.8s adrift of his team-mate. Behind the top three Raikkonen now held fourth ahead of Ricciardo, Vettel, the Force Indias of Hulkenberg and Sergio Perez, Williams’ Felipe Massa and McLaren’s Fernando Alonso.

    Earlier, on lap 14, Jenson Button, in the second McLaren, had the 305th and, according to him, final race of his F1 career ended by a steering fault.

    On lap 20 Mercedes informed Rosberg that he needed to pass Verstappen to keep his race under control and the German responded immediately ROS diving down the inside of Verstappen’s car in Turn 8. The Dutchman resisted the attack but ultimately Rosberg, carrying a bit more speed, got the job done as they head for Turn 11.

    Verstappen promptly made his first stop, for soft tyres. That resulted in Mercedes then informing Rosberg that they believed Verstappen would attempt to run to the end of the race on the set and that to guarantee P2 Rosberg would need to up his pace over the following three laps. Again the German obliged, immediately setting the fastest tour of the race to that point.

    By lap 28, as leader Hamilton made his final stop, for more soft tyres, Rosberg has 25s in hand over Verstappen. That was deemed enough to call the German in for his final stop and after taking on more soft tyres on lap 30 he emerged behind Hamilton, but crucially was 3.9s ahead of Verstappen.

    With only one pit stop made, Vettel led the race, and the German decided to go long on his second set of tyres. He nursed the soft compound set until lap 37 and then took on supersofts in the hope of catching strugglers in the final part of the race. He emerged in P6 and set off after team-mate Kimi Raikkonen.

    In the meantime Hamilton’s pace began to flag. The Mercedes pit wall questioned his lap times and the defending champion briefly ran quicker but a few laps later he again began to slow, with the result that Rosberg was slowly being pushed back towards Verstappen. On lap 38 the gap between the Red Bull driver and the Mercedes man was 3.4s.

    It wasn’t Verstappen who was the threat though. On new supersofts Vettel’s began to surge forward. He quickly claimed the scalp of Raikkonen and lapping up to two seconds quicker than those ahead he swiftly caught up to the front four.

    On lap 46 he was inside DRS range of fourth placed Ricciardo and Mercedes were on the radio telling Hamilton to increase his pace due to the “imminent threat”.

    The messaging became more insistent as Vettel’s loomed, with Hamilton being told: “Ok Lewis, this is an instruction: we need a 45.1 for the win.” The terse response was “suggest you let us race”, but Rosberg was now on the other channel asking why the pace was so slow and requesting that he be allowed to pass Hamilton.

    The situation became even more critical when Vettel blasted past Verstappen and with four laps remained edged inside half a second of Rosberg.

    Hamilton was told by Mercedes engineering chief Paddy Lowe that he needed to up the pace. Hamilton responded that he was leading and quite comfortable. The final laps became ever more tense.

    Vettel attacked on the penultimate lap, trying to overtake Rosberg into Turn 11. The German resisted though and that was it. Vettel stood off on the final lap and a little under two minutes later Hamilton took his 10thwin of the year but the bigger prize – the FIA Formula World Championship title – went to the man in second place, Nico Rosberg.

    Vettel finished the season with his seventh podium of the season, while Verstappen finished fourth ahead of Ricciardo. Sixth place went to Raikkonen, while Hulkenberg signed off on his time with Force India with seventh place ahead of team-mate Sergio Perez. Ninth place went the retiring Felipe Massa and the final point went to McLaren’s Fernando Alonso.

    eom/FIA press release

  • Hamilton takes pole ahead of Rosberg

    Hamilton takes pole ahead of Rosberg

    Yas Marina (Abu Dhabi), 26 Nov 2016: Lewis Hamilton will start tomorrow’s title-deciding Abu Dhabi Grand Prix from pole position after beating championship rival Nico Rosberg in qualifying by three tenths of a second. The drivers standings leader will start second ahead of Daniel Ricciardo and Ferrari’s Kimi Raikkonen.

    The Mercedes drivers were on track early in Q1 and Hamilton laid down a heavy gauntlet by posting a superb lap of 1:39 487. Rosberg followed his team-mate across the line but with the German admitting over the radio that it wasn’t a good lap and that he had “made two mistakes” he ended up a full second behind Hamilton.

    No one else could get close to the defending champion’s time, however. Ferrari’s Kimi Raikkonen came closest, the Finn finishing 0.851 adrift of Hamilton. Only two other drivers got to within a second of the Briton.

    At the other end of the time sheet, Toro Rosso, which had been hampered by brake and tyre issues over the weekend, saw both its drivers eliminated in the first segment. Daniil Kvyat dropped out in P17, with team-mate Carlos Sainz eliminated in 21st place. Behind Kvyat, Kevin Magnussen, in his last race weekend for Renault, finished in P18 ahead of Sauber’s Felipe Nasr and Manor’s Esteban Ocon. Behind Sainz, Marcus Ericsson was ruled our of Q2 in 22nd position.

    Hamilton was quickly into the ascendancy in Q2 too. The Mercedes driver set the benchmark at 1:39.382. Rosberg could not match the time but got closer to his rival than in Q1 and with a time of 1:39.490 he finished 0.108 behind his rival.

    This place went Raikkonen, who finished ahead of Verstappen, Vettel and Ricciardo.

    As the final runs began, Fernando Alonso was the closest to a Q3 spot of those in the drop zone. And the McLaren driver found the extra reserve of pace he needed. His lap of 1:41.044 was good enough to earn him tenth spot behind Felipe Massa who is making his final grand prix appearance this weekend.

    Alonso’ rise meant that Massa’s Williams tea-mate Valtteri Bottas was eliminated in P11 ahead of McLaren’s Jenson Button, who is also set for the final grand prix of his career tomorrow. Eliminated in P13 was Haas’ Esteban Gutierrez with the Mexican finishing ahead of team-mate Romain Grosjean, Renault’s Jolyon Palmer and Wehrlein.

    Hamilton continued to set the pace in the early part of Q3, lapping in 1:39.013 to end the first runs 0.346 ahead of Rosberg who could only manage a lap of 1:39.359. Behind them Raikkonen was best of the rest ahead of Ricciardo, Verstappen and Vettel.

    Hamilton after taking pole in Abu Dhabi on Saturday. An FIA image
    Hamilton after taking pole in Abu Dhabi on Saturday. An FIA image

    2016 Abu Dhabi Grand Prix – Qualifying
    1 Lewis Hamilton Mercedes 1:39.487 1:39.382 1:38.755
    2 Nico Rosberg Mercedes 1:40.511 1:39.490 1:39.058
    3 Daniel Ricciardo Red Bull Racing 1:41.002 1:40.429 1:39.589
    4 Kimi Raikkonen Ferrari 1:40.338 1:39.629 1:39.604
    5 Sebastian Vettel Ferrari 1:40.341 1:40.034 1:39.661
    6 Max Verstappen Red Bull Racing 1:40.424 1:39.903 1:39.818
    7 Nico Hulkenberg Force India 1:41.000 1:40.709 1:40.501
    8 Sergio Perez Force India 1:40.864 1:40.743 1:40.519
    9 Fernando Alonso McLaren 1:41.616 1:41.044 1:41.106
    10 Felipe Massa Williams 1:41.157 1:40.858 1:41.213
    11 Valtteri Bottas Williams 1:41.192 1:41.084
    12 Jenson Button McLaren 1:41.158 1:41.272
    13 Esteban Gutierrez Haas 1:41.639 1:41.480
    14 Romain Grosjean Haas 1:41.467 1:41.564
    15 Jolyon Palmer Renault 1:41.775 1:41.820
    16 Pascal Wehrlein Manor 1:41.886 1:41.995
    17 Daniil Kvyat Toro Rosso 1:42.003
    18 Kevin Magnussen Renault 1:42.142
    19 Felipe Nasr Sauber 1:42.247
    20 Esteban Ocon Manor 1:42.286
    21 Carlos Sainz Toro Rosso 1:42.393
    22 Marcus Ericsson Sauber 1:42.637.

    eom/FIA press release

  • Vettel fastest in FP3; Hamilton 4th

    Vettel fastest in FP3; Hamilton 4th

    Yas Marina (Abu Dhabi), 26 Nov 2016: Ferrari’s Sebastian Vettel set the quickest time of final practice for the Abu Dhabi Grand Prix finishing ahead of Red Bull’s Max Verstappen and the second Ferrari of Kimi Raikkonen as Mercedes’ Lewis Hamilton and Nico Rosberg slip

    Vettel fastest in FP3 at Yas Marina on Saturday. An FIA image
    Vettel fastest in FP3 at Yas Marina on Saturday. An FIA image

    ped to fourth and fifth respectively.

    The title-contending Mercedes pair had comfortably topped both opening practice sessions but on a hot, sunny afternoon at the Yas Marina Circuit, both were eclipsed in final practice as Vettel finished 0.290s clear of Hamilton and almost four tenths ahead of Rosberg.

    Vettel was joined in beating the Mercedes pair by Verstappen and Raikkonen. The Red Bull driver spent most of the session testing the durability of the re-banded supersoft tyres, but late in the session bolted on the ultrasoft tyres and jumped straight to second place behind Vettel with a lap of 1:40.912. That was just over a tenths adrift of Vettel but more importantly the Dutch driver finished 0.153 ahead of fourth-placed Hamilton.

    Raikkonen, meanwhile, took some time to get into his stride, the Ferrari driver not setting a timed lap until well into the session. His first effort put him sixth before he briefly held P1.

    Raikkonen then dropped back to P4 as the Mercedes drivers moved to the ultrasofts, but late in the session he too went for another run on the purple-banded tyres and moved ahead of Hamilton.

    Neither Mercedes driver appeared happy with his car, with Rosberg complaining about response on his practice start being poor and Hamilton voicing dissastisfaction with the brakes of his car, saying that he was “the front right isn’t working properly”.

    With Rosberg fifth, sixth place went to the second Red Bull of Daniel Ricciardo. As has become his pattern, the Australian undertook his qualifying sim earlier than most and set time of 1:41.831 that left him well off the pace. He finished a full second behind Vettel and more than 0.6s behind Rosberg.

    Sergio Perez finished in seventh place for Force India, with team-mate Nico Hulkenberg 0.182 further back in eighth. The German recovered well from a long spell in the garage at the start of the session.

    Behind the Force Indias, ninth place went to Williams Valtteri Bottas and the top 10 order was rounded out by Haas’ Esteban Gutierrez, who is this weekend making his final appearance for the American team.

    2016 Abu Dhabi Grand Prix – Free Practice 3
    1 Sebastian Vettel Ferrari 1:40.775 16
    2 Max Verstappen Red Bull Racing 1:40.912 21
    3 Kimi Raikkonen Ferrari 1:40.999 14
    4 Lewis Hamilton Mercedes 1:41.065 15
    5 Nico Rosberg Mercedes 1:41.168 19
    6 Daniel Ricciardo Red Bull Racing 1:41.831 20
    7 Sergio Perez Force India 1:41.885 19
    8 Nico Hulkenberg Force India 1:42.067 13
    9 Valtteri Bottas Williams 1:42.076 19
    10 Esteban Gutierrez Haas 1:42.354 16
    11 Fernando Alonso McLaren 1:42.585 14
    12 Jolyon Palmer Renault 1:42.616 18
    13 Jenson Button McLaren 1:42.664 15
    14 Felipe Massa Williams 1:42.683 20
    15 Romain Grosjean Haas 1:42.805 17
    16 Kevin Magnussen Renault 1:43.057 17
    17 Pascal Wehrlein Manor 1:43.145 17
    18 Carlos Sainz Toro Rosso 1:43.301 10
    19 Felipe Nasr Sauber 1:43.417 22
    20 Esteban Ocon Manor 1:43.733 15
    21 Daniil Kvyat Toro Rosso 1:44.105 13
    22 Marcus Ericsson Sauber 1:44.238.20.

    eom/FIA press release

  • Claire, Monisha talk about women in F1

    Yas Marina, 25 Nov 2016:

    TEAM REPRESENTATIVES – Toto WOLFF (Mercedes), Stephen FITZPATRICK (Manor), Otmar SZAFNAUER (Force India), Monisha KALTENBORN (Sauber), Claire WILLIAMS (Williams)

    PRESS CONFERENCE

    Q: Monisha, can we start with you? Congratulations on the points in Brazil. Describe the emotions and the reaction within the team?

    Monisha KALTENBORN: Well of course it was very relieving considering that it was a long race. You didn’t know are we really going to make it to the end with the points, because you could see how Manor was right behind us and it was so important that the car stays in the race and we could see other cars coming, overtaking us. Yeah, it was a bit of a nightmare. We were all extremely relieved. They are so important for all of us, these points. It’s not only financially, which of course plays a role, but also of course for the morale of the team. We didn’t want to end the season again like we did in 2014. So it was extremely relieving on the track and of course at home as well.

    Q: We had your driver Felipe Nasr, who of course delivered those two points, in the press conference yesterday. He says he hopes it’ll swing things his way. If you do confirm that 10th place in Sunday what does it do for his chances?

    MK: Well, there is no direct link there you know. We have our options, we are looking at them and we know Felipe very well. We’re just going to continue our assessment and when we’re ready we’ll announce.

    Q: OK, thank you. Stephen, coming to you, welcome to your first FIA Press Conference. You rescued Manor a couple of years ago from administration, what has team ownership been like in the interim?

    Stephen FITZPATRICK: I can recommend it to anyone. It’s been a fascinating two years. It has been exhilarating, races like Bahrain this year, obviously Austria and then Brazil. So lots of ups and downs. But also humbling I would say. Coming into this sport as a beginner let’s say, but as a lifelong fan, but new to the inside of the sport, you don’t quite appreciate just how many things you need to get right to bring two cars home at the end of a race and I’ve learned a lot about just how difficult it is to build a car, to race the car, to put the team together. So I would say I’m full of respect for the people around me in the sport, the other teams, the other team principals. It’s been a huge challenge, but also a little bit frustrating. One of the things that makes sport great is the belief that anything can happen and we didn’t come into the sport, or I didn’t come into the sport believing that we would win races or be on the podium in our first couple of years but to be in a sport like F1 you have to believe that incredible can happen and one of the challenges we have at the moment is that that sport has become very predictable. It’s a problem for all of us here, even Toto – who’s winning almost too much – and maybe it’s even becoming a problem for him. I think that’s one of the big frustrations and I think it’s clear that it takes a long time to build a great F1 team. We’ve made a big step forward from 2015 to 2016 but there’s a lot of work still to do clearly.

    Q: There are some stories in the press this week about your team being sold and you CEO appears to have confirmed it. What can you tell us about that?

    SF: Well, I can’t talk too much about the specifics but we have been in discussions with several investors, well, for the last six months let’s say. One of the things I was quite clear on, right from the start, was that I accepted that in the current F1, money equals performance, so anything that was going to bring more funding to the team and help the team develop and progress I was very open and if that meant bringing another investor, even a majority investor, hat was something I was happy to do. We have agreed terms with an investor at the moment and we are still working through that and I can’t really talk more about the specifics.

    Q: Thank you for that. Otmar, coming to you, another championship dogfight going on a bit further up the grid involving you. It’s looking good for beating Claire’s team to P4. How have you done it?

    Otmar SZAFNAUER: Well, we’re not there yet. We’ve got this weekend to go and we’ll work hard, as we usually do, to perform to the best of our ability and hopefully that will result in fourth place. That’s what we’re shooting for. But the building blocks have been put in place for the last five or six years, it’s not something that happens overnight. We’ve been working towards having a better team and a more performant car for a good six years and there’s a lot that goes in it: good decision-making; having the right tools and the right people, having the right engine partner – thanks for that, Toto – but also understanding the tyres, aerodynamically efficient car. You’ve got to do all those things and then the performance comes. Not to mention two good drivers.

    Q: Esteban Ocon joins you next year. It’s been a while since you’ve had a young driver, a relative rookie in fact. What are your expectations and why did you go for him over other candidates?

    OS: Well, we deliberated long and hard. We know Esteban and that helps. We ran him in two different tests and we were impressed with both his speed and his ability to learn, and also with his attitude to racing and his attitude towards learning and we thought he was a good fit for us and that’s why we chose him over some of the others.

    Q: Thanks for that. Claire, you’ve not been at a race for a while, we understand that you have been with your father. How is Frank?

    Claire WILLIAMS: He is good now, thank you. He is on the mend. It’s nice to be back at the track.

    Q: As we were just hearing from Otmar, it’s beginning to look like P4 is slipping away from you. How did that happen from your side?

    CW: I don’t think we’ve delivered where we needed to deliver this year, across a number of key elements. I’m not going to go into detail on the areas of weakness we have in the team this year, but we know where those weaknesses are and we just need to make sure that we improve upon those areas over the winter. But Force India have done a fantastic job. You asked him where they are where they are and they have just done a better job than we have and we need to look into that. We don’t want to finish fifth in the world championship. It’s a bit of a disappointment having come third in two consecutive seasons, in 2014 and 2015. We just need to do a better job.

    Q: With that in mind, tell us about your expectations for Lance Stroll, he’ll be joining you next year, he’ll be 18. After all for Williams to compete for third, fourth place in the championship, he’s going to have score a lot of points?

    CW: Yeah, he is. The Constructors’ Championship is really important for us at Williams and we need to have two strong drivers in our car. Obviously off the back of Felipe’s decision to retire we had a number of options available to us. Lance has been part of a development programme that we’ve run since about this time last year and I think that he’s absolutely proved that he has the credentials to come into Formula One next year and we’re delighted that we were able to make that decision. He has dominated in F3 this year and he’s won the F4 championship. He’s absolutely got the talent, we feel. As with any rookie when they come into Formula One you’ve got to give them a bit of slack in the beginning but we are going to have high expectations of him next year, but anyone that has meet Lance knows and understands that he deserves that promotion into Formula One and he’s extremely intelligent, he’s a very quick learner, we’ve learned that through the work that we have done with him in the ‘3-to-1’ programme, and he’s incredibly charming and I think he’s going to be a great addition to the paddock next year. I think it’s nice to see… as much as it’s sad to be losing a couple of the Formula One legend drivers that we have I think it’s going to be really exciting next year to have a number of rookies lining up on the grid.

    Q: Ok thank you. Toto, you win too much! For the second time in three years your drivers have a title showdown here in Abu Dhabi. How do you assess their mindset and I’d be interested to know how does it differ from the first time they were in this position back in 2014? How have they matured and matured in relation to each other, in their mindset and what you see this weekend?

    Toto WOLFF: Obviously the longer you work with each other the better you get to know each other and it’s the third season that we have had a car that was able to win races and win championships. I said it before, that in the last couple of races we had a great amount of serene… almost a serene environment. Very good for the team because they have worked together to make the car faster. Very productive and then it was very good for the dynamics within the team. Although, I must say that the championship was getting tougher and tougher for both of them. It was clear that they would be the greatest rivals for winning the Drivers’ title and we’ve seen that this weekend is somehow a bit different; you can see that there is pressure coming up, which I guess is pretty normal at this stage of the season.

    Q: Red Bull looked fast this afternoon and earlier on in the long runs, but I’m interested, has the gap really closed up at the back end of the season or have you just done enough to keep everybody at arm’s length?

    TW: We have seen over the last couple of races that the gaps between us and Red Bull and Ferrari have stayed pretty stable, for the simple reason that everybody must have switched off development of the 2016 car. Not all at the same time, there will have been teams that have done it sooner than others, but what you see now in terms of performances gaps or the difference in performance gap, is that somebody just gets it right on a particular track with a set of tyres, but generally it’s been on a similar level for the last, I would say, four or five races.

    QUESTIONS FROM THE FLOOR

    Q: (Andrea Cremonesi – La Gazzetta Dello Sport): Toto, you know what Lewis said here in the press conference yesterday about the mechanics, the book and so on. I would like to have your comment and that you don’t have any regret over that decision at the beginning of the season?

    TW: You know it’s always dangerous because there is one statement that is being picked out from a press conference between the two of them and as I said before I find it very remarkable how they’ve managed the relationship between the two of them for the benefit of the team, taking into consideration that it must be very intense and very high pressure for them. So that one comment was taken out and it is clear that if you change a crew that is directly involved with a drivers, such as mechanics or a number one that a driver constantly looks at when he’s pulling out of the garage, it can have a psychological effect and we acknowledged that and it was part of our thinking when we shuffled it around. But as a matter of fact we are 1,500 people in Brixworth and Brackley and it’s about developing personnel. Somebody who was working on one corner of the car today as a mechanic might be a number one next year, might be a chief mechanic afterwards and maybe has even more potential within the organisation. In a similar way we have done all through the organisation we are not keeping it static. It’s a dynamic structure and the same happens in the garage. This is a fact. I appreciate the effect on the singular driver and it was taken into consideration and maybe I’ll write a book in 10 years and we’ll put some things in there.

    Q: (Ysef Harding – Xero Xone News) To follow up on that question Toto. Isn’t it important to keep your number one satisfied and to give him the best of everything he needs to be successful – especially in the beginning of the season when he was aiming for a fourth world championship?

    TW: It’s very important. It is, in terms of keeping the performance up in the team, you need to consider what your high-performance need; what kind of environment they need, what kind of framework they need in order to perform best. And we’ve considered that. And there is not just one position like the chief mechanic that is important for the performance of the team and the drivers but we have to take decisions for many, many hundreds of people and develop them. It is our duty and obligation towards these 1500 people and the great brand to take the right decisions and not one single individual – although taking into mind what is important for the driver itself. What you are seeing here on the race track is the tip of the iceberg. And by the sheer nature there is a large block underneath that brings performance and has brought the team to where we are today. And part of that is to have the most effective organisation. Not only today but also tomorrow – and that is just part of the normal procedure.

    But if you knew that was going to psychologically affect your number one driver, why would you make that decision?

    TW: I’ve explained it to you already once before that weekend. There’s 1500 and we need to take care that these 1500 perform well. Not one. 1500.

    Q: (Jerome Pugmire – AP) Question for Toto. You said that the pressure is coming up. Just speaking about Nico, do you think that this season he’s been able to deal with pressure better and perhaps he’s a bit more focussed and blocking things out more than he was in the previous two campaigns?

    TW: Yes, he deals with it very well and there is nothing that somehow affects him. This is at least my impression. Whether it’s a difficult weekend, he has learned to assess it in the right way at the right time and move on – or whether it’s a good weekend, to stay humble, both feet on the ground and try to understand why that was. Whether spirits are high or spirits are down it was all pretty stable with him – and certainly, as far as I can see, that is one of the keys why he’s leading the championship today.

    Q: (Dieter Rencken – Racing Lines) Stephen, the Brazilian Grand Prix was obviously from a personal perspective, your own perspective, rather disappointing. Can you try and tell us exactly how you felt when you realised that the cost of this could possibly run to $13 or $15million and potentially even more in the longer term?

    SF: Yeah, I think the first reaction wasn’t really a financial one. It would have been a very exciting race and coming to the end of what was an exhilarating season, lots of ups and downs. We had held tenth place for, I think, ten races, Brazil was number ten and at many points during the race there were lots of different scenarios and there was a lot of furious calculations about finishing the race at different points throughout. The first reaction I had was one of real disappointment for the team. I think they’ve worked incredibly hard for the last, let’s say, 18 months since the start of last season without much reward and it looked like we were heading for a tenth-place finish which was a big step forward for us. So one of immediate disappointment for the team who worked so hard all year back at the factory and here on the circuit. But my next reaction was actually one of… I thought of the opposite feeling that must be going on in the Sauber garage and I thought that the guys in the Sauber team had been fantastic competitors for us all year, we’d enjoyed a great battle with them and I knew how much those points meant to the Sauber team and I was trying to imagine the joy they would be having and they worked so hard all season to bring it back in the end. So in the end I think the season doesn’t come down to one race. Obviously the way the points are structured that was a critical race for us. Very unexpected. But that’s racing. On that day it didn’t go our way but I think we all want to see more of that unpredictability, that excitement. So, in the end, it was a difficult night, let’s say, and then back to business.

    Q: (Graham Harris – Motorsport Monday) Question for Stephen again, and Monisha. Monisha, potentially for you, you could have tenth place locked in at the end of the season. Both teams, Monisha, you’ve got a new investor on-board already, Stephen you potential have a new investor on-board. Does the swapping of positions have any influence on the business decisions made. Obviously it’s more attractive for you Monisha but Stephen, does that put your deal in any particular jeopardy or is it going to hurt you financially? Things planned that you can’t do?

    SF: It doesn’t help financially but the terms of our agreement have been… refinalised, let’s say. It was clear that in tenth place with one point on the board, two races left, that there are lots of scenarios and you plan for those in advance, so, from my point of view it’s disappointing but it’s not unexpected – or at least not a surprise.

    Not a deal-breaker?

    SF: Not a deal-breaker. And, most importantly, we’re not finished yet. We’re looking good today, at least, on Friday, so we’ve still got one race left.

    MK: Well, in our case, the investors came in at a time when we were on P11, so the risks were very well known. So the risks were very well known. And of course we said we are going to do all we can to actually still get to P10. So, it looks better if you end the season, of course,  on P10, that’s clear – but there’s not any other impact.

    [off-mic follow-up] adding more staff?

    MK: Well no. As I said, with the investors we have, our future is secured. There’s nothing out there that would cause us any dramas like in the past – but you simply look better if you have our business case and if you have that additional funding it’s just easier to achieve what you want in your business case.

    Q: (René Hofmann– Süddeutsche Zeitung) I wanted to ask all five of you, concerning the upcoming season: what the rule changes mean for your particular team, what are your hopes, what the challenges you’re facing?

    OS: Well, for a team like ours it’s a big challenge, starting over without any carryover parts whatsoever has a massive impact on us – so it’s a big challenge. We also don’t have some of the infrastructure in place of the bigger teams. We source a lot of our parts to suppliers; we don’t make them ourselves – so that adds extra time. So yeah, it’s a big challenge. Our hopes are we’ve done a good job and others have screwed-up!

    Claire?

    CW: We hope the same! That everyone else has screwed-up as well. No, y’know, for us, fortunately we’re in quite a comfortable financial position at the moment and with the regulations coming out when they did, we were able to start development work on next year’s car pretty early but that’s not to say we know where our performance is. Nobody does until we get to the first test and probably not until we get to the first few races where we know where everybody shakes out. But I think it presents a great opportunity for Formula One to potentially shake up the order. I hope that we’ve found something spectacular over the winter. I know that the guys back at the factory have worked really hard on next year’s car to try and find that performance and improve upon where we finish this year’s championship next year. But I think we just have to wait and see. For the sport, I think it’s pretty exciting.

    Monisha?

    MK: Well, we share that hope as well. We know that we have to take a very big step ahead so we see these rule changes as an opportunity because we want to be back next year in the midfield and we now also have the means to do that. Overall, we do hope that it’s going to make the sport exciting. I think everyone’s been quite critical about certain things which have been introduced so let’s just hope and see if it really mixes up the grid and we have something different next year.

    Stephen?

    SF: Well, interestingly in 2016 we had to build a completely new car: Manor didn’t build a 2015 car because of the administration, so we feel that we’ve been through this already. There was such a big gap between where we were in 2014 and the other teams this year, so we’ve had to make that big step already. I gave the team quite clear instructions this year they were to focus as much of their efforts as possibly on the 2016 programme until we were able to put some points on the board and try to secure tenth place. From Austria onwards the team have been working exclusively on the 2017 programme, so there’s been a lot of work gone in. We’ve really built up the resources of the team this year, we’ve moved to a great new facility; the wind tunnel facility at Mercedes and that’s led to a big step forwards in our aerodynamic development. So the team are hopeful. The thing I guess I’m not really hoping for is that everyone else has screwed-up, because like I said, I’ve developed a lot of respect for all the other teams and I think that might be too much to hope for. It’s certainly going to be a very interesting 2017 season.

    Toto, you pick up where you left off do you, next year?

    TW: Yeah, I tend to go with Otmar! Honestly, we weren’t big supporters of a regulation change. Not because we wanted to freeze the current situation. It’s clear that when regulations stay stable that eventually performance is going to converge. But because we weren’t sure that it is the right way for Formula One. But as it is, we are where we are and the cars, certainly in the wind tunnel, look very spectacular, very wide with the big tyres and I am personally very excited to see them on track for the first time. For the drivers it will be much harder; the cars will be pulling more g through the corners. The simulations that we have seen are very exciting. The corners will be flat that are far from flat today – and we will be breaking records in terms of lap time. So, I guess, an exciting season that will be ahead of us. I hope that overtaking is not going to be too difficult because of the width of the car and the dirty air behind it – but let’s see. In hindsight, now that we are where we are, we have to do the best out of it.

    Q:  (Andrew Benson – BBC Sport) Stephen, when this investment deal happens, will you still be involved and/or in charge? Is it a buy-in or a buy-out?

    SF: I’m not going to talk anything about the specifics.

    Q: (Dieter Rencken – Racing Lines) To Toto specifically but if the others would like to join in please feel free. Toto, you’ve been on the strategy group since its inception basically. Do you honestly believe that it best serves Formula One’s interests? At the latest one, for example, I believe the teams on either side of you put in certain proposals. These were blocked before they could even reach the Formula One commission so therefore they can’t be voted on properly. Does this really work and is there an alternative to this because there’s been an awful lot of criticism about the group?

    TW: You are a number one fan of the strategy group, we’ve found out. It is what it is. In Formula One, the difficulty is that every team has got to have an opinion and it is very much focused of course on your own performance but then we are responsible enough, within the group, to take into consideration what’s good for Formula One and most recently I’ve seen a development that even within the very big rivals on the strategy group and in the F1 commission there is consensus and we’re trying to seek consensus. Some of the things are not being accepted or not voted on. You refer to two specific proposals which, with all due respect to my friend Otmar, were on the agenda half a year ago. They were referred to the technical regulations meeting, so the competent group, not the dangerous group! The competent group decided that it was not the right way forward and for whatever reason these regulations appeared back on the agenda on the strategy group and this is why it was voted against, that is the fact. But that governance is in place until 2020 and if there is a possibility that we can improve it next time around in order to better the approval process, I’m the first one to vote in favour.

    SF: I never attended this strategy group. I have no idea what happens in the strategy group but I joked earlier on that Toto and Mercedes were winning too many races and maybe it’s been a problem for him but really I know that the Mercedes team is a fantastic organisation and has earned these victories but the sport is not a level playing field, that’s pretty obvious and the structure of the F1 commission and the F1 strategy group is part of that bigger picture. And I think the sport will be much improved and speaking now, as the eleventh placed team this weekend, I know that it’s obviously what I will be saying but the sport will be much improved with a leveller playing field and how that comes about and all of the necessary components – whether financial, organisational, structurally – I think it’s something that should be looked at for the benefit of everybody on the grid but it’s a very complex picture.

    Q: (Jerome Pugmire – AP) Toto, there have been some stressful moments this season. If you were to give your podium of the top three between the first lap incident in Spain, the last lap in Austria and the engine failure for Lewis when he was about to win, which is the one-two-three for you?

    TW: You mean number one is the worst one? Shall we start from the back? Third place, for me, of the worst races is certainly Lewis’s engine failure in Malaysia because it heavily influenced his championship.  He was in the lead, solid in the lead in a race – in races –  where it was going back and forth with Nico. Nico had a great race in Singapore which he dominated. Then Malaysia was very much Lewis’s weekend and it continued that way in – what was the next one? – Suzuka, Mexico. So that’s third place – and it came out of nowhere, really, so still a bit of a traumatic race. Number two? Barcelona. It’s rare that you have a complete wipe-out, one and two in the front and you end up with zero points and for the team, obviously not a nice situation. We stood in front of the screens… I remember, I had the CEO of Daimler, Dieter Zetsche, next to me and he says ‘what are we doing now?’ which was a new experience. But it was OK because it didn’t happen for a long time, since Spa 2014. So number one, for me, the worst, was Austria because it came a couple of races after Barcelona. We made it very clear that we saw Barcelona as a one-off and wasn’t acceptable going forward and here we go, we’re on the last lap of that particular race at the Red Bull-ring, home turf for our great rivals and we nearly lose both cars on the last lap, being in one and two. This is where, for me, the mark was over-stepped and we made that clear, but that was my winner. Not.

    Q: (Dan Knutson – Auto Action and Speed Sport)  Monisha, Banco do Brasil announced today they will not sponsor Felipe next year. How much of an impact does that have on you deciding if he remains with the team?

    MK: Well that’s correct that the bank informed us as well that they’ve interrupted their 2017 sponsorship programme. Our seat is still open. We aren’t choosing that in our assessments we’re making and that’s all there is to say of it.

    Q: (Dieter Rencken – Racing Lines) On that vein, Toto, your driver Pascal Wehrlein, Mercedes driver, has basically only got one chance left for a seat next year. Could you see him actually racing in a car with a Ferrari engine?

    TW: It’s two, two chances.

    Q: (Dieter Rencken – Racing Lines) Yes, but then you’d have to provide a budget, wouldn’t you?

    TW: First of all, I must say, really, having had the opportunity with Esteban and Pascal in Manor was great and the development slope of that team is impressive and it’s a great place for both of them and Manor is still very much an opportunity for next year. Well obviously Esteban is going to Force India and we are in discussion with Monisha and in discussion with Stephen and his management group and nothing is decided yet. That’s where we are.

    Q: (Andrea Cremonesi – La Gazzetta dello Sport)  Toto, do you think that at this moment Lewis Hamilton fully trusts your team or if not are you doing something to rebuild the relationship?

    TW: Absolutely trusts. We under-estimate the pressure under which these guys are, not only in the spotlight of a global audience. You have to deliver every single weekend, you have to race your teammate, it’s down to the last race to win the championship and it’s all coming up, all the frustrations and all the happy moments. If a microphone is being put under the nose and you’re being asked the right question, sometimes it produces a good headline like it did yesterday. For me, it’s a bit of a boomerang which keeps coming back, this odd story which internally in the team is a closed chapter and we will not come back to this so it doesn’t change anything in my approach to Lewis or an approach towards Lewis because I think it’s well understood that things are sometimes taken out of context, sometimes over-exaggerated and as I said before, sometimes you just need to allow that the drivers can express their feelings and their emotions. We don’t want to streamline them too much.

    Q: (Ysef Harding – Xiro Xone News) Claire and Monisha, we’ve seen a lot of history for women this year. We saw the second female prime minister elected and we also saw the first female elected for president of the United States. As two pioneers in this sport, what are your hopes for the future for women on the business side and on the track in F1?

    CW: That’s a nice question! I think what you see across probably a wide variety of industries in recent years and particularly what you see in the UK with Theresa May coming in as our first female prime minister for – what is it? – three decades I think,  that the landscape is shifting slowly but surely. I think there is a lot of work to do but personally – I don’t know what Monisha does – but I go out and do a lot of talks about women in industry and promoting females in not just leadership roles but throughout different sorts of organisations and I think that’s really important and I think one of the things about Formula One that you don’t necessarily…  yes, you see Monisha and I in the roles that we’re in but there are so many women now who are working across different areas within Formula One, across different disciplines within teams, whether that be in aerodynamics, within engineering, not just the traditional marketing roles and I think that’s a really important shift that we’re seeing in our sport and I think that that can be used as case studies and great story telling, to go out into different businesses because I think if you can be a woman and do well in Formula One.  I think that’s a very powerful message but personally for me, it’s not necessarily about gender and it shouldn’t be about gender I think. But every individual brings different personalities to the roles that they do and particularly in a sport like this, where you have to operate at your peak performance if you’re going to be successful and achieve and that’s what every team is going after, it’s the people who are at the best at their jobs. If they’re going to win in this sport then it shouldn’t necessarily be about gender, it should be about how good you are at your job and how committed and dedicated and what you can do, the team around you. But I would like to see more women come in to Formula One and I would like to see more women come into industry as a whole. I think it’s a really important conversation that we’re having in society as a whole at the moment.

    MK: Yeah, like Claire said, you see that there are far more women in Formula One. It’s been happening over the last few years, actually, where you simply see more on the track. I think the most important responsibility we have here is to actually encourage people to give women the opportunity, because that’s what it’s about. You have enough women out there who have the education, who have the competence and the confidence to actually get the job done at least equally as good and usually they have to be a little bit better to maybe get the same kind of recognition, so what you really need is to give women a fair chance and opportunity.

    Q: And it was a woman in charge of strategy in your team who played a part in bringing you the points in Brazil, right?

    MK: Absolutely. We gave one a chance.

    eom/FIA press release

  • Hamilton fastest in FP1, FP2

    Yas Marina, 25 Nov 2016: Nico Rosberg closed to within a tenth of a second of title rival Lewis Hamilton in second practice for the Abu Dhabi Grand Prix as the Briton continued to set the pace at Yas Marina Circuit.

    In opening practice Hamilton outpaced Rosberg by more than three tenths but in the early evening session, on ultrasoft tyres, the championship leader found more pace and ended the 90 minutes just 0.079s behind his team-mate with a lap of 1:40.940.

    Sebastian Vettel was third quickest for Ferrari and after being 1.1s behind Hamilton in the early afternoon session, the German closed the gap to 0.269 on the purple-banded softest compound on offer this weekend. Vettel’s session wasn’t without trouble, however, and his was forced to stop with a suspected gearbox issue.

    The four-time champion’s performance overhauled a significant deficit to Red Bull Racing, which had enjoyed ‘best of the rest’ status in the opening session. In the evening, Max Verstappen was the quicker of the two Red Bulls, edging team-mate Daniel Ricciardo by just one thousandth of a second. Verstappen, though, was 0.259 behind Vettel. The Red Bulls managed to split the Ferraris, with Kimi Raikkonen finishing in sixth place with a time of 1:41.464.

    After Felipe Massa finished ninth in the first session Williams, team-mate Valterri Bottas boosted the Grove team up the order by claiming seventh in the evening, though the Finn was just eight hundredths of a second clear of Force India’s Sergio Perez. Nico Hulkenberg in the second Force India took eighth place ahead of Massa who rounded out the top 10.

    McLaren improved in the second session, too, with Fernando Alonso jumping to P11 from P18 and Jenson Button recovering from a troubled opening session in which he posted just 10 laps and finished 20 to take P12.

    Toro Rosso, though, had a troubled evening with Daniil Kvyat suffering a second puncture (the first came in the opening session). The failure caused him to spin off at high speed and though he avoided a big accident, he limped back to the pits where checks were undertaken. Neither he nor team-mate Carlos Sainz appeared on track again during the session.

    2016 Abu Dhabi Grand Prix – Free Practice 2
    1 Lewis Hamilton Mercedes 1:40.861 36
    2 Nico Rosberg Mercedes 1:40.940 38
    3 Sebastian Vettel Ferrari 1:41.130 31
    4 Max Verstappen Red Bull Racing 1:41.389 24
    5 Daniel Ricciardo Red Bull Racing 1:41.390 33
    6 Kimi Raikkonen Ferrari 1:41.464 34
    7 Valtteri Bottas Williams 1:41.959 35
    8 Sergio Perez Force India 1:42.041 35
    9 Nico Hulkenberg Force India 1:42.264 36
    10 Felipe Massa Williams 1:42.268 36
    11 Fernando Alonso McLaren 1:42.366 33
    12 Jenson Button McLaren 1:42.823 24
    13 Esteban Gutierrez Haas 1:43.012 35
    14 Romain Grosjean Haas 1:43.108 17
    15 Jolyon Palmer Renault 1:43.272 33
    16 Esteban Ocon Manor 1:43.600 35
    17 Pascal Wehrlein Manor 1:43.754 33
    18 Felipe Nasr Sauber 1:43.903 36
    19 Marcus Ericsson Sauber 1:44.045 34
    20 Kevin Magnussen Renault 1:44.117 25
    21 Carlos Sainz Toro Rosso 1:44.478 5
    22 Daniil Kvyat Toro Rosso 1:45.948.4.

    eom/FIA press release