Pole Position: UAE car fans should try out being a motorsport fan, too


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In November 1948, when there was only one European living in Dubai, the late Edward Henderson set off from the city to Al Ain via Abu Dhabi in a two-wheel-drive Chevrolet pickup truck. There were no roads, not even graded tracks. He would cover the 200km journey in six hours. He had to send fuel ahead by camel in four-gallon tins the previous week.

Nowadays, we enjoy a modern network of roads and the government kindly makes fuel available by the roadside, which we all take for granted.

The UAE has a reputation as being in love with its cars and the camel has largely been replaced by the ubiquitous Toyota Land Cruiser as the preferred mode of desert transport. But spend any Thursday evening by Jumeirah Beach Road and you will see dozens of young men enjoying cruising around in their exotic supercars in a manner befitting of the very best of motoring carnivals.

Fortunately, the majority of roads are manned by hundreds of radar cameras to remind us that speeding is illegal, dangerous and expensive. In the hands of a badly trained driver, a fast car is a loaded gun.

So why do so many people buy a 300kph supercar when the national speed limit is 120kph?

Of course I understand the attraction. But what I don't understand is why there isn't a long queue of these drivers waiting at the gates of our race circuits on public track days.

Why would you not want to have the opportunity to really open the throttle and test your supercar's amazing brakes on a race track that has high-speed corners, no speed limits, one-way traffic, no lorries or taxis and no police cars?

Surely, supercar dealers here would include a complimentary track day with an instructor to show the buyer how to drive their car? Well, they don't. How crazy is that?

I went to a track day recently. We needed to shake down a Ginetta G50, a GT4 race car, which had been refreshed after winning Class C of last season's UAE GT Championship. After our racing driver had satisfied himself it was all working perfectly, I climbed in through the tiny opening of the roll cage and was strapped very tightly into a deep race seat with a six-point safety harness, adjusted the mirrors and armed the electronic fire extinguisher. Ignition switch on, press the starter button, then press the neutral button on the steering wheel and flick the carbon paddle to select first gear and I am off gently down the pit lane - with my "road car" friends watching and wondering what it must be like to drive a racing car. I can tell them - it's unreal. The mechanical cacophony of sound from the transmission and racing gearbox can be quite intimidating, let alone the feeling of acceleration powered by a 300hp six-cylinder engine.

As a passenger with a racing driver at the wheel, the car was at full throttle in sixth gear, travelling at 63 metres per second, yet we were only 100 metres from the corner when he slammed the brake pedal and somehow made the car change direction. At that moment my 75kg body weighed 200kg. We did that seven times per lap. Brilliant.

Pole Position is written by Barry Hope, a director of GulfSport Racing, which is hoping to find an Arab F1 driver through the FG1000 race series. Join the UAE racing community online at www.gulf-sport.com or on Facebook at GulfSportRacing.

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Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Citizenship-by-investment programmes

United Kingdom

The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).

All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.

The Caribbean

Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport. 

Portugal

The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.

“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.

Greece

The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.

Spain

The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.

Cyprus

Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.

Malta

The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.

The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.

Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.

Egypt 

A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.

Source: Citizenship Invest and Aqua Properties

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Retail gloom

Online grocer Ocado revealed retail sales fell 5.7 per cen in its first quarter as customers switched back to pre-pandemic shopping patterns.

It was a tough comparison from a year earlier, when the UK was in lockdown, but on a two-year basis its retail division, a joint venture with Marks&Spencer, rose 31.7 per cent over the quarter.

The group added that a 15 per cent drop in customer basket size offset an 11.6. per cent rise in the number of customer transactions.