Danica Patrick prepares for a Nascar Nationwide practice on Friday at Circuit Gilles Villeneuve in Montreal, Canada. Jason Smith / Getty Images
Danica Patrick prepares for a Nascar Nationwide practice on Friday at Circuit Gilles Villeneuve in Montreal, Canada. Jason Smith / Getty Images
Danica Patrick prepares for a Nascar Nationwide practice on Friday at Circuit Gilles Villeneuve in Montreal, Canada. Jason Smith / Getty Images
Danica Patrick prepares for a Nascar Nationwide practice on Friday at Circuit Gilles Villeneuve in Montreal, Canada. Jason Smith / Getty Images

Danica Patrick's long and winding road pits in at Nascar


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Barely two years ago, Formula One was abuzz about a possible petite, long-haired addition to its driver ranks. Danica Patrick was considering moving from the United States-based IndyCar Series to the globetrotting F1.

It made some sense. Patrick is hardly a home bird: at 16, she left her family in America's heartland to race in the United Kingdom's Formula Ford circuit. Her career aspiration was to steer the sleek, high-tech, open-wheeled vehicles of Sir Jackie Stewart and Michael Schumacher.

After her stint in the UK, Patrick circled back and launched her grown-up career with IndyCar, earning the Rookie of the Year title in 2005. As a celebrity, she broke land-speed records over seven seasons, noted by her No 3 ranking among the nation's most popular women athletes in a recent Harris Poll.

In time, though, marketing potential became almost exhausted. She won slightly more than you or me (once, 2008 in Japan) and contended infrequently. Other racing venues were explored. So, any day now, Patrick is expected to announce a switch to ... Nascar?

The little lady is spurning the glitz and glamour of open-wheel racing for the relatively plodding, closed-wheeled cars whose ancestors ran illegal moonshine on the back roads of the Deep South.

What happened with F1?

For starters, she probably realised that it offers no sure formula for success. Most drivers consider it more taxing physically than other formats, which puts the 5ft 2ins (1.57m), 99 pound (45kg) Patrick at a disadvantage. No woman has stomped on the accelerator in a grand prix since Italy's Giovanna Amati in 1992.

Her statistics speak the harsh truth. On IndyCar road and street courses, which more closely resemble F1 layouts, Patrick has managed only four top-five finishes and an average placement of 16th. On other designs, there have been 16 top fives and an average of ninth in 71 outings.

Nobody is shooing Patrick away from IndyCar. But the series has replaced a few speedway races with road and street circuits, a trend that disfavours her. Her driving skills seem more suited to the ovals of Nascar.

Besides, what was once uncommon has become the norm. The Indianapolis 500 field in May featured four women, denying her the distinction of being gender-unique.

If more is better, Patrick's pending lane change at least should please her accountants and promoters.

Nascar offers more races, more spectators and television viewers, plenty more attention, and endorsement opportunities galore with a predominantly male audience for whom women competitors remain a novelty. Not one has ever run a complete Nascar series.

Danica Patrick Inc, according to Forbes, earned US$12 million (Dh44m) during the last fiscal year, the third-highest female athlete worldwide. Race winnings accounted for a small slice.

Putting money aside, it is a logical move because Patrick might be wearing out her welcome with some of her IndyCar peers. By most accounts, she is liked and respected for non-diva behaviour.

But, even with moderate success, media and fans flock to her at the expense of the more accomplished drivers. Resentment among teams that know the way to the winner's circle is unavoidable.

Wisely, she is not jumping immediately into Nascar's top-rung series, the Sprint Cup. An entire year on its B-level, known as Nationwide, awaits, with a big boys' event thrown in here and there.

The plan to graduate full-time to the Sprint Cup in 2013 is built on patience, a virtue that at times has been elusive with Patrick. Next year, she turns 30. Maybe the milestone will bless her with an understanding that this is a tough game, particularly for flyweights, and name/face recognition does not guarantee success.

She already has sampled Nationwide, with a half-dozen top-10 finishes in 20 races. This gradual transition is the proper course, especially to break the ice with a fresh set of drivers.

Reaction has been open-arms so far, from "it is really good for us" (Kevin Harvick) to "this is great" (Matt Kenseth).

Nascar officials would throw a ticker-tape parade for her. The sport, even though it is swamping IndyCar by most popularity gauges, is stuck in second gear, with attendance and interest flat. For now, her presence in Nationwide could catch the eyes of the curious, who might tune back in to Sprint Cup the following day.

How Patrick's swimsuit photographs and risque advertisements with her chief sponsor, GoDaddy.com, will play is uncertain. Though Indy racing car pioneer Janet Guthrie has denounced Patrick's marketing approach, most see someone who, at worst, has stepped up to the line of bad taste without crossing it.

Equally uncertain is how she will fare in those 400 and 500-mile spins. Nascar drivers might not carry the cachet of the F1s, but converts are not assured a smooth ride.

Juan Pablo Montoya ranks a modest 22nd in Sprint Cup standings. Scott Speed might be jealous: dropped by his team, he has been limited to three starts this year.

For Patrick, it is time for a move, and not an overseas one. As they say in America: you go, girl.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EYango%20Deli%20Tech%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%0D%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3E2022%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3ERetail%20SaaS%0D%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3ESelf%20funded%0D%3Cbr%3E%3C%2Fp%3E%0A
Safety 'top priority' for rival hyperloop company

The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.

He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.

MATCH INFO

Uefa Champions League last-16, second leg:

Real Madrid 1 (Asensio 70'), Ajax 4 (Ziyech 7', Neres 18', Tadic 62', Schone 72')

Ajax win 5-3 on aggregate

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
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What to watch out for:

Algae, waste coffee grounds and orange peels will be used in the pavilion's walls and gangways

The hulls of three ships will be used for the roof

The hulls will painted to make the largest Italian tricolour in the country’s history

Several pillars more than 20 metres high will support the structure

Roughly 15 tonnes of steel will be used

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
What is safeguarding?

“Safeguarding, not just in sport, but in all walks of life, is making sure that policies are put in place that make sure your child is safe; when they attend a football club, a tennis club, that there are welfare officers at clubs who are qualified to a standard to make sure your child is safe in that environment,” Derek Bell explains.

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Gully Boy

Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi​​​​​​​
Rating: 4/5 stars

Gender equality in the workplace still 200 years away

It will take centuries to achieve gender parity in workplaces around the globe, according to a December report from the World Economic Forum.

The WEF study said there had been some improvements in wage equality in 2018 compared to 2017, when the global gender gap widened for the first time in a decade.

But it warned that these were offset by declining representation of women in politics, coupled with greater inequality in their access to health and education.

At current rates, the global gender gap across a range of areas will not close for another 108 years, while it is expected to take 202 years to close the workplace gap, WEF found.

The Geneva-based organisation's annual report tracked disparities between the sexes in 149 countries across four areas: education, health, economic opportunity and political empowerment.

After years of advances in education, health and political representation, women registered setbacks in all three areas this year, WEF said.

Only in the area of economic opportunity did the gender gap narrow somewhat, although there is not much to celebrate, with the global wage gap narrowing to nearly 51 per cent.

And the number of women in leadership roles has risen to 34 per cent globally, WEF said.

At the same time, the report showed there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by women.

And women are significantly under-represented in growing areas of employment that require science, technology, engineering and mathematics skills, WEF said.

* Agence France Presse

Du Plessis plans his retirement

South Africa captain Faf du Plessis said on Friday the Twenty20 World Cup in Australia in two years' time will be his last.

Du Plessis, 34, who has led his country in two World T20 campaigns, in 2014 and 2016, is keen to play a third but will then step aside.

"The T20 World Cup in 2020 is something I'm really looking forward to. I think right now that will probably be the last tournament for me," he said in Brisbane ahead of a one-off T20 against Australia on Saturday. 

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Mountain%20Boy
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Third Test

Result: India won by 203 runs

Series: England lead five-match series 2-1