The Malaysian Grand Prix is the home race for the Caterham team.
The Malaysian Grand Prix is the home race for the Caterham team.
The Malaysian Grand Prix is the home race for the Caterham team.
The Malaysian Grand Prix is the home race for the Caterham team.

Caterham enjoy the demands of being at home in Malaysia


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The bustling Bukit Bintang district of Kuala Lumpur provides a glimpse of Malaysia's relationship with Formula One.

A large electronic screen broadcasting breaking news announces to passers-by that Christian Horner intends to remain as Red Bull Racing's team principal.

Near The Body Shop, a cardboard cut-out of a helmeted Fernando Alonso informs customers they can enjoy impressive discounts on their health and beauty products.

At the entrance to the Pavilion shopping mall's F1 Village, the Puma Motorsport Red Cube offers a wide range of Ferrari merchandise.

Such displays indicate a thirst for the sport in the capital. Yet as is often the case with international sport, the successful, storied teams command the lion's share of attention and leave the smaller teams starved of publicity.

A quarter of the 24-car grid at tomorrow's Malaysian Grand Prix will be competing in what they call - some more loosely than others - their "home race". Caterham are undoubtedly the most authentic of the three teams, and also the smallest.

Lotus F1 Team enjoys substantial investment from Lotus Group, whose parent company is the Malaysian government-owned car manufacturer Proton.

The Mercedes-GP team is sponsored by Petronas, a Kuala Lumpur-based oil and gas company whose twin towers have dominated the capital's skyline since 1998.

Caterham, in contrast, are owned by Tony Fernandes, the Malaysian business tycoon who owns the budget airline AirAsia and the Premier League side Queens Park Rangers. The three-year-old marque is based in Norfolk, England, but a team official said that more than 40 per cent of the 250 staff are of Malaysian origin.

"From our point of view it's a home race," said Riad Asmat, Caterham's Malaysian chief executive. "We have been doing this for three years now and the whole idea and philosophy of the business started here in Malaysia, so it's always nice to come back to your origins."

Nice, but tiring. The race at Sepang International Circuit came two weeks after Melbourne in 2011 but is back-to-back with the Australian GP this year - meaning the window of opportunity for promotional work and sponsor events is vastly smaller. And yet the amount of occasions has not decreased.

"We cram in whatever we can," Asmat said. "Whether we like it or not, we have obligations and everyone has to be extra vigilant and show extra commitment. We know what we need to do."

Caterham's Finnish driver Heikki Kovalainen and his Russian teammate Vitaly Petrov started the week with an event for sponsors General Electric before helping launch the team's new merchandise range and attending a function hosted by the king of Malaysia. They also have been subjected to several sessions with local television, radio and newspapers.

Petrov, who raced here with Lotus-Renault last year and joined Caterham at the start of the year, is in a unique position to compare how each of the two "Malaysian teams" are viewed.

He said the sponsor commitments placed on him were "very similar" but that at Caterham "it feels more like a home race because we have Malaysian staff, AirAsia and Tony Fernandes".

Fernandes's ownership of an international carrier makes organising flights notably easier, but that is the only perquisite team members receive this week. Kovalainen, however, concedes he experienced one special benefit. "I get to fly the AirAsia simulator," he said, smiling.

"They have five or six different simulators and I got to fly the Airbus 330 the other day. I did the full circuit around the air field and landed on my own. Vitaly was the co-pilot, but he didn't dare to touch the controls. He just pulled his seat belt tighter as we were coming in."

Tom Webb, the Caterham communications officer, said the team are keen to ensure they receive no advantages or special treatment this weekend, but they benefit from some of the relationships that have blossomed within the team.

"We don't get any upgrades in our hotels or anything, but the perk that we do have is we get insider knowledge," Webb said. "We might be taken into Riad's house where we eat with his family, so you see a side of the country that you wouldn't normally be able to see."

Food is a key ingredient to Malaysian life. Satay stalls clutter the streets of the capital and restaurants often spill out on the pavements as families come together. Asmat's favourite aspect of racing in Malaysia? After sleeping in his own bed he is able to visit his mother-in-law's cafe to enjoy nasi lemak (rice cooked in coconut milk) for breakfast.

This weekend, Asmat said, Caterham are expecting to welcome more than 200 guests to their hospitality lounge in the F1 paddock. On any other weekend they tend to average around 35 guests. The chief executive has ordered the three chefs to serve European food - lamb chops, steaks, spaghetti - as a way of treating the predominantly Malaysian guests.

All Caterham team members are hoping, however, that the on-track action provides more food for thought than the culinary delights of the chefs.

The team are yet to score a world-championship point and Mike Gascoyne, the team's chief technical officer, said that is the target tomorrow.

Asmat added: "Coming back to Malaysia always feels enlightening and hopefully we can continue with our progress and show to the people here that we are a professional team progressing to plan and, in the near future, achieve even more success."

Petrov knows this weekend's quest will not be easily achieved, but appreciates "it is very important to this team that we show good results this weekend". Kovalainen said regardless of his hectic week, he is willing to extend his commitments into Monday for the sake of his team.

"I don't know if we have the legs yet or not in qualifying, but in the race, we should be able to show our pace without problems and fight with a few cars in front of us," he said. "In terms of our commitments, everything is finished by Sunday evening - unless we have a great result and Tony throws a party."

Manikarnika: The Queen of Jhansi

Director: Kangana Ranaut, Krish Jagarlamudi

Producer: Zee Studios, Kamal Jain

Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni

Rating: 2.5/5

The%20specs
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Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Common OCD symptoms and how they manifest

Checking: the obsession or thoughts focus on some harm coming from things not being as they should, which usually centre around the theme of safety. For example, the obsession is “the building will burn down”, therefore the compulsion is checking that the oven is switched off.

Contamination: the obsession is focused on the presence of germs, dirt or harmful bacteria and how this will impact the person and/or their loved ones. For example, the obsession is “the floor is dirty; me and my family will get sick and die”, the compulsion is repetitive cleaning.

Orderliness: the obsession is a fear of sitting with uncomfortable feelings, or to prevent harm coming to oneself or others. Objectively there appears to be no logical link between the obsession and compulsion. For example,” I won’t feel right if the jars aren’t lined up” or “harm will come to my family if I don’t line up all the jars”, so the compulsion is therefore lining up the jars.

Intrusive thoughts: the intrusive thought is usually highly distressing and repetitive. Common examples may include thoughts of perpetrating violence towards others, harming others, or questions over one’s character or deeds, usually in conflict with the person’s true values. An example would be: “I think I might hurt my family”, which in turn leads to the compulsion of avoiding social gatherings.

Hoarding: the intrusive thought is the overvaluing of objects or possessions, while the compulsion is stashing or hoarding these items and refusing to let them go. For example, “this newspaper may come in useful one day”, therefore, the compulsion is hoarding newspapers instead of discarding them the next day.

Source: Dr Robert Chandler, clinical psychologist at Lighthouse Arabia

Company%C2%A0profile
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The%C2%A0specs%20
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Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

COMPANY%20PROFILE
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UAE currency: the story behind the money in your pockets
Sam Smith

Where: du Arena, Abu Dhabi

When: Saturday November 24

Rating: 4/5

MEDIEVIL%20(1998)
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While you're here
Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

SPECS
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Tell Me Who I Am

Director: Ed Perkins

Stars: Alex and Marcus Lewis

Four stars

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

SPEC%20SHEET%3A%20APPLE%20IPHONE%2014
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If you go

The flights
Etihad (etihad.com) flies from Abu Dhabi to Luang Prabang via Bangkok, with a return flight from Chiang Rai via Bangkok for about Dh3,000, including taxes. Emirates and Thai Airways cover the same route, also via Bangkok in both directions, from about Dh2,700.
The cruise
The Gypsy by Mekong Kingdoms has two cruising options: a three-night, four-day trip upstream cruise or a two-night, three-day downstream journey, from US$5,940 (Dh21,814), including meals, selected drinks, excursions and transfers.
The hotels
Accommodation is available in Luang Prabang at the Avani, from $290 (Dh1,065) per night, and at Anantara Golden Triangle Elephant Camp and Resort from $1,080 (Dh3,967) per night, including meals, an activity and transfers.

If you go...

Flying
There is no simple way to get to Punta Arenas from the UAE, with flights from Dubai and Abu Dhabi requiring at least two connections to reach this part of Patagonia. Flights start from about Dh6,250.

Touring
Chile Nativo offers the amended Los Dientes trek with expert guides and porters who are met in Puerto Williams on Isla Navarino. The trip starts and ends in Punta Arenas and lasts for six days in total. Prices start from Dh8,795.

TOURNAMENT INFO

2018 ICC World Twenty20 Asian Western Regional Qualifier
The top three teams progress to the Asia Qualifier

Thursday results
UAE beat Kuwait by 86 runs
Qatar beat Bahrain by five wickets
Saudi Arabia beat Maldives by 35 runs

Friday fixtures
10am, third-place playoff – Saudi Arabia v Kuwait
3pm, final – UAE v Qatar