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Barclays Boosts Lending to Hedge Funds, Investors in Asia
Barclays Boosts Lending to Hedge Funds, Investors in Asia
Barclays Plc has ramped up the business of financing trades for investors in Asia, part of a global
2023-06-19 15:18
Are Red Bull now the most successful F1 team ever – and how long can this dominance last?
Are Red Bull now the most successful F1 team ever – and how long can this dominance last?
At the moment it seems a grand prix does not go by without Red Bull – and their peerless linchpin Max Verstappen – setting milestones and breaking records. Such is their dominance in Formula 1 right now, winning 18 of the last 19 races, the double-symphony of the Dutch and Austrian national anthems on the podium is as much a regularity these days as five red lights going out to start the race. But Canada really did take the biscuit. Red Bull’s 100th race victory; Max Verstappen’s 41st grand prix win, equalling Ayrton Senna’s record; Verstappen brought up 250 consecutive laps led, dating back to Miami six weeks ago; Red Bull’s 10th consecutive victory, including Abu Dhabi at the end of last year. It was notable who was on the podium, too, celebrating Verstappen’s 20th win in his last 27 races. Adrian Newey, Red Bull’s mastermind-in-chief, who was unofficially celebrating his 200thF1 race win involvement, dating back to his first in Mexico 32 years ago. The man extolled, appropriately, with engineering the team’s latest RB missile on four wheels. By this season’s standards, Verstappen’s win in Montreal was far from a cruise. Qualifying on Saturday was tricky in wet-dry-wet conditions. But Max prevailed. An early safety car bunched the pack up on Sunday. But Max prevailed. Tyre wear was an issue in the cockpit with Fernando Alonso and Lewis Hamilton chasing; not on the pit wall who again oozed perfectibility. Again, Max prevailed. No 100 is a significant landmark for the team. An “incredible achievement”, as Christian Horner put it, becoming the fifth team to reach such a figure. When he spearheaded Red Bull’s involvement by taking over Jaguar in 2004, surely even he could not have forecasted such periods of dominance, up against the historic titans of world motorsport. Red Bull have won 28.1% of all the races they’ve entered in the sport as they hit a century. By way of comparison, Ferrari have won 242 races in 1060 – a hit-rate of 22.8%. McLaren’s is lower at 19.6%; Williams’ fewer still at 14.4%. But Mercedes at 44.8% beat the lot. Such was their near-decade of utter dominance – eight constructors’ titles in a row from 2014-2021 – Red Bull have some way to go before their percentage hit-rate matches the Silver Arrows. Currently, the difference is 16.7%. MOST WINS IN FORMULA 1 – 100 CLUB 1) Ferrari – 242 (22.8% hit-rate) 2) McLaren – 183 (19.6% hit-rate) 3) Mercedes – 125 (44.8% hit-rate) 4) Williams – 114 (14.4% hit-rate) 5) Red Bull – 100 (28.1% hit-rate) There are contentious points. For example, included in Mercedes’ tally is the nine wins from 1954-55, technically a different entity to the current works team. Yet on the whole, the difference is stark. But not insurmountable. It’s important to note this with caution. Predicting dynasties in sport is always a dangerous game: jump the gun on a Formula 1 forecast and the usual unpredictability of natural drama and human emotion can come back to bite you. Ferrari, for instance, have won just one drivers’ title in 16 years since their five-on-the-spin with Michael Schumacher in the early noughties. However, the outlook is particularly shiny at Milton Keynes. Red Bull have unequivocally nailed the current “ground-effect” regulations, not least due to Newey’s expertise in the area. This year is virtually sewn-up, with focus already switching to 2024 when they will be the heavy favourites once more. The next phase of regulations are not enforced until 2026. By that point, with Newey having recently signed an extension to stay, Red Bull could have secured another three world titles. It could be another 50 or so wins by that point, such is the current trajectory. And from then, the launch of their own powertrains division comes to fruition, with American giant Ford as a partner. In the constantly-shifting arms race that is Formula 1, Aston Martin, Mercedes, Ferrari and the rest – including new teams such as Audi – may well have something to say about that. Indeed, Red Bull have recently lost a key figure in engineer Rob Marshall, who joins McLaren next year. Dan Fallows similarly joined Aston Martin last year. Newey’s omnipresence is the unignorable advantage. Yet as the sun set in Canada on another victory, did the 64-year-old give Red Bull a scare? And the rest of the paddock a glimmer of hope? “My career can’t go on forever,” he said, post-podium. “As long as the team wants me and I keep enjoying it I’ll keep going. “But realistically it’s on a countdown.” When that time will be, only he knows. What is not in question, however, is the absolute supremacy of this current Red Bull machine. From top-to-bottom, they now set the benchmark. The statistics of the past allude to that; the projection for the future indicate there could be plenty more to come. Read More Max Verstappen wins Canadian Grand Prix to match F1 legend in race wins Red Bull mastermind Adrian Newey hints at retirement: ‘It’s on a countdown’ Lando Norris angry at penalty which cost him points in Canadian Grand Prix ‘It’s on a countdown’: Red Bull mastermind Adrian Newey hints at retirement F1 Canadian Grand Prix LIVE: Race updates and lap times from Montreal
2023-06-19 14:56
Alexei Navalny: Putin critic facing decades in prison as new trial begins
Alexei Navalny: Putin critic facing decades in prison as new trial begins
The Russian opposition leader faces multiple charges of extremism, which he says are politically motivated.
2023-06-19 14:55
Sweden’s Property Crunch Worsens as Another Landlord Cut to Junk
Sweden’s Property Crunch Worsens as Another Landlord Cut to Junk
Sweden’s beleaguered property sector suffered another blow late on Friday night when one of the largest office landlords
2023-06-19 14:55
Adipurush: Film dialogue sparks Bollywood ban in Nepal cities
Adipurush: Film dialogue sparks Bollywood ban in Nepal cities
Two Nepal cities have banned screenings of Bollywood films over a line in epic film Adipurush.
2023-06-19 14:50
Stellantis, Archer Move Partnership from ‘Concept Phase’ to ‘Execution Phase’
Stellantis, Archer Move Partnership from ‘Concept Phase’ to ‘Execution Phase’
LE BOURGET, France--(BUSINESS WIRE)--Jun 19, 2023--
2023-06-19 14:47
Goldman Sachs cuts China growth forecast as property slowdown bites
Goldman Sachs cuts China growth forecast as property slowdown bites
SINGAPORE Goldman Sachs analysts have cut forecasts for China's economic growth, citing persistently weak confidence and the cloud
2023-06-19 14:28
The U.S. Men's National Team Is the Best It Has Ever Been
The U.S. Men's National Team Is the Best It Has Ever Been
This is the best the USMNT has ever been.
2023-06-19 14:26
Jon Hamm was supposed to star in Gone Girl
Jon Hamm was supposed to star in Gone Girl
Jon Hamm has revealed he was initially cast as the lead in 2014 thriller Gone Girl but he had to quit the role to focus on filming his TV show Mad Men
2023-06-19 14:26
Football rumours: Thomas Partey faces exit in Arsenal reshuffle
Football rumours: Thomas Partey faces exit in Arsenal reshuffle
What the papers say Arsenal midfielder Thomas Partey is heading for the exit door at the Emirates, according to the Daily Telegraph. The Gunners are willing to let the 30-year-old Ghana international leave as they look to reshape their midfield. Manchester United are looking to make a £45million bid for England’s Everton goalkeeper Jordan Pickford, 29, according to the Star on Sunday. The Daily Mail reports United are also expected to increase their bid for Chelsea midfielder Mason Mount to £50m. Newcastle are poised for a surprise bid for a new goalkeeper, reports The Sun. They say West Brom’s Josh Griffiths, 21, is in the sights of the north-east club. Burnley are also on the lookout for a goalkeeper with Antwerp’s Jean Butez the latest potential target. The Sun says they will switch their attention to the Frenchman, 28, if they miss out on Dutch youngster Bart Verbruggen, 20, from Anderlecht. Social media round-up Players to watch Kyle Walker: Bayern Munich are in talks with Manchester City over a deal for the 33-year-old England defender. Joao Palhinha: West Ham are reportedly close to a move for the Portugal midfielder, 27, as a potential replacement for Declan Rice. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-19 14:20
ScioTeq Advanced Avionics Displays selected for Airbus A330 MRTT Multi-Role Tanker Transport Aircraft
ScioTeq Advanced Avionics Displays selected for Airbus A330 MRTT Multi-Role Tanker Transport Aircraft
KORTRIJK, Belgium--(BUSINESS WIRE)--Jun 19, 2023--
2023-06-19 14:15
ECB risks losing sight of 'greedflation' with laser-focus on wages
ECB risks losing sight of 'greedflation' with laser-focus on wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a
2023-06-19 13:58
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