The Williams team have been suspended from the Formula One Teams' Association after they lodged their entry for the 2010 championship ahead of tomorrow's deadline.
The Williams team have been suspended from the Formula One Teams' Association after they lodged their entry for the 2010 championship ahead of tomorrow's deadline.

Williams caught up in tug of war



Williams were yesterday temporarily suspended from the Formula One Teams' Association. The move comes in the wake of Williams lodging their entry for next year's world championship on Monday ahead of tomorrow's deadline. Explaining the situation, team principal Frank Williams said: "FOTA's decision, although regrettable, is understandable. "However, as a racing team and a company whose only business is Formula One, with obligations to our partners and our employees, submitting our entry to next year's championship was unquestionable.

"In addition, we are legally obliged under our contract with FOM (Bernie Ecclestone's Formula One Management) and the FIA to participate in the world championship until the end of 2012." Williams' move goes against the grain of FOTA's previously unified front in their fight with the FIA over the 2010 regulations. On Sunday, FOTA called on FIA president Max Mosley to scrap the rules for next year that introduce a voluntary £40million (Dh234m) budget cap, which in effect would create a two-tier championship.

Prior to such a radical proposal, it is understood the two sides were slowly moving towards a compromise agreement, with Mosley suggesting an interim cap for 2010 followed by the full cap in 2011. FOTA are conducting their latest meeting today but with Williams now absent, reducing their number from 10 to nine Meanwhile, Kimi Raikkonen believes his podium finish at last weekend's Monaco Grand Prix could provide him with a springboard for the rest of the season.

The Finn, who last finished in the top three at the 2008 Brazilian Grand Prix, believes that Ferrari's efforts are starting to pay off and that a race win in 2009 is now a real possibility, if they continue to improve the F60. "Being back on the podium is a nice reward for the whole team," he said. "The hard work of the last few weeks has finally borne some fruit, which is really positive for all of us. We know that we're on the right way now.

"There are still some minor things to be done but sooner or later we will win. "We'll show up with further improvements of the F60 in the upcoming races and we hope we can then challenge the leaders even more, in the qualifying and in the race." This weekend Raikkonen will take part in the annual Rally della Marca alongside co-driver Kaj Lindstrom. "I'll race in a rally in Italy, in the Marca Trevigiana, and I want to thank the Scuderia that they gave me the possibility to take part in such a competition," said Raikkonen.

"I really enjoy myself and it will be my first experience on the tarmac after some tests on snow last winter." The shakedown for the Italian event will take place on tomorrow ahead of Saturday's race. "As I'm coming from the race track it will be interesting to see what I will be able to do behind the wheel of the Fiat Grande Punto S2000 on the roads close to Treviso," Raikkonen added. * With agencies

PROFILE OF STARZPLAY

Date started: 2014

Founders: Maaz Sheikh, Danny Bates

Based: Dubai, UAE

Sector: Entertainment/Streaming Video On Demand

Number of employees: 125

Investors/Investment amount: $125 million. Major investors include Starz/Lionsgate, State Street, SEQ and Delta Partners

In numbers

1,000 tonnes of waste collected daily:

  • 800 tonnes converted into alternative fuel
  • 150 tonnes to landfill
  • 50 tonnes sold as scrap metal

800 tonnes of RDF replaces 500 tonnes of coal

Two conveyor lines treat more than 350,000 tonnes of waste per year

25 staff on site

 

COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

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Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

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French Touch

Carla Bruni

(Verve)

Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind
A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

A cryptocurrency primer for beginners

Cryptocurrency Investing  for Dummies – by Kiana Danial 

There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine. 

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Although cryptocurrencies are a fast evolving world, this  book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.

Begin your cryptocurrency journey here. 

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