There are any number of iconic moments from the Azerbaijan Grand Prix over the past seven years.
The bumpy surface, eye-wateringly high speeds approaching tight turns and claustrophobically close concrete barriers make sure of that.
Sebastian Vettel rammed Lewis Hamilton in fury at (he said) being brake tested on the formation lap in 2017.
A year later Daniel Ricciardo clattered the back of his teammate Max Verstappen at 350 kph when the Dutchman careered all over the pit straight illegally protecting his position.
Then in 2019 Charles Leclerc ploughed into the barriers on the foot of the city’s historic tower landmark after an epic qualifying misjudgement.
Verstappen’s exploding tyre in 2021 cost him an easy victory. Then Hamilton fumbled braking at the restart to throw away a famous victory just laps from home.
Baku is a real test of machinery as much as nerve. The track was added to the calendar in 2016 and an anodyne sweep of pole, fastest lap and victory by Nico Rosberg belied the drama that was to come.
He called the win on his way to a world title one of the most important of his career. Terminal speeds are epic – touching 350 kph in eighth gear – the margins narrow and the price for the smallest mistake paid instantly and, almost always, to a devastating degree.
So it’s not the ideal time for F1 teams to be arriving in a state of crisis as many are. After just three Grands Prix, Mercedes and McLaren have plunged into staff reshuffles.
Hamilton’s team has ditched the zero side-pod car design that cost them last year’s championship and probably, already, this year’s too.
In a typically bloodless Mercedes reshuffle, the top two design figures James Allison and Mike Elliott simply swapped roles.
But the fruits of their labours are unlikely to be seen until Imola, almost a month away.
The growing animosity between Hamilton and teammate George Russell promises to be one of the tastiest sub-plots of the year given the youngster outperformed the old master in 2022.
McLaren’s woes are even greater. Having bought in a new team boss over the winter, they have now axed their design head and split the role three ways to rebuild a car that has looked woefully uncompetitive and is yet to finish in the top five.
The ex-champions will be desperate to change their fortunes, not least to prevent one of the sport’s hottest properties, Lando Norris, walking out the door.
But key among those looking to reverse their fortunes are Ferrari. The hiring of Frederic Vasseur as team boss seems to have paid no dividends yet with the same tactical errors as 2022 creeping into the action.
Winter departures are rumoured to be followed by more in the coming months with morale sinking fast at Maranello.
This time last year, Leclerc was leading the world championship but now he sits 10th without a podium to his name, let alone a win, having failed to even reach the finish in two of the first three races.
Vasseur promised significant upgrades from Miami onwards, which suggests another weekend of pain for Maranello.
That makes sense since F1 plunges into the chaos of the first Sprint format of the season, and a re-tweaked one at that, which will allow precious little time for development running.
The Saturday afternoon 100km sprint race will have its own 30-minute qualifying that morning and the results will no longer affect the Grand Prix grid.
That will be decided by separate qualifying on Friday afternoon.
The Baku format will also be seen in Austria, Spa, Qatar, Austin and Brazil. While moves to provide more action for the fans is laudable, the new format means 20 drivers will be racing on Saturday for eight points places and those at the rear without a chance – perhaps six cars – will have no reason to compete.
Perhaps the thinking is that the flaws will be outweighed by the drama the new format provides at the front of the field.
As for Sunday, Ferrari have started on pole three times but never won. Sergio Perez and Verstappen have never started on pole but won the last two years.
So, much as Baku is a place of contradictions, it’s difficult to look beyond the pair for a fourth straight Red Bull victory of 2023.
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E4.0-litre%20twin-turbo%20V8%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E640hp%20at%206%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E850Nm%20from%202%2C300-4%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E11.9L%2F100km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh749%2C800%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
THE SPECS
Engine: 1.5-litre turbocharged four-cylinder
Transmission: Constant Variable (CVT)
Power: 141bhp
Torque: 250Nm
Price: Dh64,500
On sale: Now
The specs: Volvo XC40
Price: base / as tested: Dh185,000
Engine: 2.0-litre, turbocharged in-line four-cylinder
Gearbox: Eight-speed automatic
Power: 250hp @ 5,500rpm
Torque: 350Nm @ 1,500rpm
Fuel economy, combined: 10.4L / 100km
Multitasking pays off for money goals
Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.
That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.
"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.
Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."
People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.
"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."
FIXTURES
Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)
Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)
Friday, February 1
Final, Zayed Sports City Stadium (6pm)
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Try out the test yourself
Q1 Suppose you had $100 in a savings account and the interest rate was 2 per cent per year. After five years, how much do you think you would have in the account if you left the money to grow?
a) More than $102
b) Exactly $102
c) Less than $102
d) Do not know
e) Refuse to answer
Q2 Imagine that the interest rate on your savings account was 1 per cent per year and inflation was 2 per cent per year. After one year, how much would you be able to buy with the money in this account?
a) More than today
b) Exactly the same as today
c) Less than today
d) Do not know
e) Refuse to answer
Q4 Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund.”
a) True
b) False
d) Do not know
e) Refuse to answer
The “Big Three” financial literacy questions were created by Professors Annamaria Lusardi of the George Washington School of Business and Olivia Mitchell, of the Wharton School of the University of Pennsylvania.
Answers: Q1 More than $102 (compound interest). Q2 Less than today (inflation). Q3 False (diversification).
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
THE%20FLASH
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Andy%20Muschietti%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Sasha%20Calle%2C%20Ben%20Affleck%2C%20Ezra%20Miller%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
The%20Last%20White%20Man
%3Cp%3EAuthor%3A%20Mohsin%20Hamid%C2%A0%3C%2Fp%3E%0A%3Cp%3E192%20pages%C2%A0%3C%2Fp%3E%0A%3Cp%3EPublished%20by%3A%20Hamish%20Hamilton%20(UK)%2C%20Riverhead%20Books%20(US)%3C%2Fp%3E%0A%3Cp%3ERelease%20date%3A%20out%20now%20in%20the%20US%2C%20August%2011%20(UK)%3C%2Fp%3E%0A