Red Bull's Max Verstappen, right, celebrates on the podium after winning the United States Grand Prix alongside second-place Lewis Hamilton of Mercedes. Reuters
Red Bull's Max Verstappen, right, celebrates on the podium after winning the United States Grand Prix alongside second-place Lewis Hamilton of Mercedes. Reuters
Red Bull's Max Verstappen, right, celebrates on the podium after winning the United States Grand Prix alongside second-place Lewis Hamilton of Mercedes. Reuters
Red Bull's Max Verstappen, right, celebrates on the podium after winning the United States Grand Prix alongside second-place Lewis Hamilton of Mercedes. Reuters

Mexico the latest staging for Hamilton and Verstappen's standoff


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It is deeply ironic that the learned burghers of Mexico City have turned to racing cars to promote it as a global tourist destination.

This is the city of ‘Hoy No Circula’ after all. Millions of local residents are sidelined by the ‘today you don’t circulate’ policy as ‘no drive’ days head the battle against air pollution responsible for one in every 17 deaths.

It is to this sprawling metropolis of contradictions that Lewis Hamilton and Max Verstappen come to circula in their enthralling Formula One title fight.

With five rounds remaining and the endgame almost in sight the future is poised between two paths.

A stuttering Mercedes revival which has been trying to get off the ground since the summer break, appears to have been stifled.

But the signs are far from definitive. A second Hamilton win in three races at the last round in the United States would have returned him to the lead of the championship.

Mercedes’ recent turn of speed encouraged much speculation that their historic gulf of speed superiority had returned.

Instead it was Verstappen who won for a third time in six races ahead of the highest altitude track on the calendar, stretching his advantage to 12 points.

The panting of exited fans awaiting the next instalment of a riveting championship will be matched by F1 engines gasping at 2,230 metres above sea level.

At more than double the altitude of the next highest venue, the rarefied air of Autodromo Hermanos Rodriguez affects cooling of the engines and brakes running at 500º C. Turbos are forced to spin faster to make up the difference, putting further strain on vital parts.

Thinner atmosphere means bigger wings and a different aerodynamic juggling act, which favours Red Bull.

With Mercedes robbed by nature of its usual engine superiority, the conventional wisdom is that Red Bull and its relentless young contender start as favourites.

But, as we’ve seen lately, history is an unreliable yardstick. Success or failure depends on knife-edge decisions daily; making the right call at the right time.

The championship is so tight the lead has changed hands four times in the past seven races.

The defeat in Austin was a significant body blow for the champions, and one which may yet be regarded as the decisive turning point of the season.

United States Grand Prix - in pictures

While Red Bull chased down victory, fought for it, were daring in their strategy and fearless in their execution, Mercedes were plodding and methodical.

Rather than react to circumstance they stuck to a failing strategy. In football parlance they played the ball and not the man. And paid the price.

And Verstappen showed maturity beyond his years when he realised his pushy early pace compromised his tyre wear, so he carefully bought the final set up to operating temperature to make them last.

At the death there was only the extra lap or two of life in his tyres that stood between victory and defeat. It was that close.

But Valtteri Bottas insists a lot of work has been done behind the scenes on Mercedes’ Mexico shortcomings.

And much as the general view favours Red Bull, the champions have still managed to come out on top three times in the last five visits, twice with Hamilton.

So there is all to play for and the guessing game has begun on who will become champion.

After three wins in the first four races for Hamilton it’s strange to now be almost the same distance from the finish with the odds, narrowly, favouring Verstappen.

But his form has been relentless – and already worthy of a champion. The Dutchman has only finished outside the top two when others have intervened.

Hamilton has failed to win as often (8 to 5) and chalked up six finishes out of the top two.

Former champion Nico Rosberg (who knows a thing or two about battling Hamilton) described the racing as “the highest level F1 has ever seen”.

Of the final four rounds one favours Mercedes (Jeddah), while Brazil and Qatar could go either way and it all could also come down to another unknown – Abu Dhabi’s re-designed Yas Marina Circuit.

Will the new sections at either end, or the sweep beneath the hotel make any difference?

And, of course, there is always a chance that despite the brilliance of the two combatants, both are already resorting to extra components, so this fascinating title scrap could be decided by something as mundane as a single engine failure and a catastrophic 25 point swing.

Now wouldn’t that be a tragedy.

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Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

MATCH INFO

Alaves 1 (Perez 65' pen)

Real Madrid 2 (Ramos 52', Carvajal 69')

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

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Pathaan
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AUSTRALIA SQUAD

Tim Paine (captain), Sean Abbott, Pat Cummins, Cameron Green, Marcus Harris, Josh Hazlewood, Travis Head, Moises Henriques, Marnus Labuschagne, Nathan Lyon, Michael Neser, James Pattinson, Will Pucovski, Steve Smith, Mitchell Starc, Mitchell Swepson, Matthew Wade, David Warner

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

Springsteen: Deliver Me from Nowhere

Director: Scott Cooper

Starring: Jeremy Allen White, Odessa Young, Jeremy Strong

Rating: 4/5

The biog

Age: 59

From: Giza Governorate, Egypt

Family: A daughter, two sons and wife

Favourite tree: Ghaf

Runner up favourite tree: Frankincense 

Favourite place on Sir Bani Yas Island: “I love all of Sir Bani Yas. Every spot of Sir Bani Yas, I love it.”

Expert advice

“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”

Stewart Howison, co-founder of Cycle Safe Dubai and owner of Revolution Cycles

“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”

Cornelia Gloor, head of RAK Hospital’s Rehabilitation and Physiotherapy Centre 

“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”

Chandrashekar Nandi, physiotherapist at Burjeel Hospital in Dubai
 

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars

Our legal consultant

Name: Hassan Mohsen Elhais

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

Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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Updated: November 03, 2021, 5:39 AM