Seven-time world champion Lewis Hamilton has been left 'exhausted' by his misbehaving Mercedes car this season. Getty Images
Seven-time world champion Lewis Hamilton has been left 'exhausted' by his misbehaving Mercedes car this season. Getty Images
Seven-time world champion Lewis Hamilton has been left 'exhausted' by his misbehaving Mercedes car this season. Getty Images
Seven-time world champion Lewis Hamilton has been left 'exhausted' by his misbehaving Mercedes car this season. Getty Images

Mercedes must pay heed to Lewis Hamilton's 2024 warning


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Lewis Hamilton has warned erratic Mercedes they risk throwing away their 2024 championship chances in the next few months unless they change their ways.

In a swingeing assessment of their campaign, he said it was no better in Japan than it was in last year’s train-wreck of a season.

Most of the grid have started work on next year’s design but tMercedes have been slow to switch focus where he wants.

The 38-year-old Briton signed a new two-year deal earlier this month in the hope Mercedes return to their winning ways. But the German team have rarely looked like their old selves and Sunday it was clear they have fallen behind Ferrari as well as McLaren and Red Bull, finishing fifth and seventh.

“I’m exhausted,” said Hamilton. “It’s tough on weekends like this where the car is a handful. It’s basically exactly the same as last year feeling-wise with the bouncing and sliding.

“And that’s tough given how much work we’ve done. And we’re not any closer to the front – at least not here. We have a long way to go.”

In a blow to their garlanded design team, he said the car’s design concept was wrong: “We are a long way away [from Red Bull].

“The next six months of development has got to be the greatest six months of development we’ve ever, ever had if we are going to close that gap and be really banging on the door.”

Mercedes lack of improvement lately has been highlighted by rivals McLaren.

Both teams had a disastrous start to the year but McLaren reacted more decisively, pulling the trigger on a re-design similar to that of Red Bull.

As he re-jigged his own design team, Mercedes boss Toto Wolff has always insisted the former champions will never dominate by copying their rivals.

Max Verstappen and Red Bull have been unstoppable. Getty
Max Verstappen and Red Bull have been unstoppable. Getty

But Hamilton believes it is a good starting point: “The evidence is there at McLaren and we can’t turn a blind eye to that.

“We’ve got to look at what they’ve done and go in that direction. That is the direction. But I truly believe my team can do it.

“We’ve always been great at putting downforce on the car but it doesn’t work with this car, it just makes it bounce more.”

It’s all the more embarrassing for Mercedes because McLaren are outclassing them with the very same Mercedes engine.

“Hopefully with a change of philosophy we’ll be back to where we deserve because this is a world championship team,” added Hamilton.

“We still are an amazing team and I have absolute faith in everyone.

“But decisions that are made in this period of time are absolutely critical for our trajectory.”

Mercedes minimised the damage in the battle over second with Ferrari to just four points in Suzuka. But the 20 point difference could easily disappear in one bad weekend.

It’s about pride, of course, but tens of millions in prize money rest on the two runners-up spots too.

And Hamilton has staged something of a person revival after the setbacks of last year and, remarkably, could still steal runners-up spot from Red Bull number two Sergio Perez.

That beggars belief given the Mexican is in a car that, in other hands, has won six of the last seven races and all but one race this year.

It is clear testament to Hamilton’s ability that, given a better car, he will rise to the occasion.

Meanwhile Max Verstappen’s glorious form returned with victory at Sazuka Sunday after the Singapore interregnum and virtually single-handedly he has taken Red Bull to their sixth constructors title blowing away records.

While the plaudits continue to rain down it is difficult to judge the Dutchman in absolute terms. Perez is so mediocre he is no yardstick and the car so superior it only clouds the issue. Would he beat Hamilton in the same car, or Lando Norris? Let’s hope we get the chance to find out one day soon.

His relentless speed and brilliance has certainly sparkled amidst the boredom of another age of domination.

But you have to look past Verstappen and Hamilton for the real hero here: genius car designer Adrian Newey who now has over 200 F1 wins and 12 constructors championships to his name.

He also has 12 drivers titles and in a fortnight in Qatar, in all likelihood, a 13th. Not bad for someone kicked out of school at 16 for misbehaviour.

2024%20Dubai%20Marathon%20Results
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Springsteen: Deliver Me from Nowhere

Director: Scott Cooper

Starring: Jeremy Allen White, Odessa Young, Jeremy Strong

Rating: 4/5

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
ACL Elite (West) - fixtures

Monday, Sept 30

Al Sadd v Esteghlal (8pm)
Persepolis v Pakhtakor (8pm)
Al Wasl v Al Ahli (8pm)
Al Nassr v Al Rayyan (10pm)

Tuesday, Oct 1
Al Hilal v Al Shorta (10pm)
Al Gharafa v Al Ain (10pm)

LA LIGA FIXTURES

Friday Valladolid v Osasuna (Kick-off midnight UAE)

Saturday Valencia v Athletic Bilbao (5pm), Getafe v Sevilla (7.15pm), Huesca v Alaves (9.30pm), Real Madrid v Atletico Madrid (midnight)

Sunday Real Sociedad v Eibar (5pm), Real Betis v Villarreal (7.15pm), Elche v Granada (9.30pm), Barcelona v Levante (midnight)

Monday Celta Vigo v Cadiz (midnight)

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
ICC men's cricketer of the year

2004 - Rahul Dravid (IND) ; 2005 - Jacques Kallis (SA) and Andrew Flintoff (ENG); 2006 - Ricky Ponting (AUS); 2007 - Ricky Ponting; 2008 - Shivnarine Chanderpaul (WI); 2009 - Mitchell Johnson (AUS); 2010 - Sachin Tendulkar (IND); 2011 - Jonathan Trott (ENG); 2012 - Kumar Sangakkara (SL); 2013 - Michael Clarke (AUS); 2014 - Mitchell Johnson; 2015 - Steve Smith (AUS); 2016 - Ravichandran Ashwin (IND); 2017 - Virat Kohli (IND); 2018 - Virat Kohli; 2019 - Ben Stokes (ENG); 2021 - Shaheen Afridi

 

 

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

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

About Karol Nawrocki

• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.

• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.

• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.

• Met Donald Trump at the White House and received his backing.

BIRD%20BOX%20BARCELONA
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BEACH SOCCER WORLD CUP

Group A

Paraguay
Japan
Switzerland
USA

Group B

Uruguay
Mexico
Italy
Tahiti

Group C

Belarus
UAE
Senegal
Russia

Group D

Brazil
Oman
Portugal
Nigeria

THE DETAILS

Solo: A Star Wars Story

Director: Ron Howard

2/5

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

Scoreline

Syria 1-1 Australia

Syria Al Somah 85'

Australia Kruse 40'

Our legal consultants

Name: Hassan Mohsen Elhais

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

RESULTS

6pm: Mazrat Al Ruwayah – Group 2 (PA) $40,000 (Dirt) 1,600m
Winner: AF Alajaj, Tadhg O’Shea (jockey), Ernst Oertel (trainer)

6.35pm: Race of Future – Handicap (TB) $80,000 (Turf) 2,410m
Winner: Global Storm, William Buick, Charlie Appleby

7.10pm: UAE 2000 Guineas – Group 3 (TB) $150,000 (D) 1,600m
Winner: Azure Coast, Antonio Fresu, Pavel Vashchenko

7.45pm: Business Bay Challenge – Listed (TB) $100,000 (T) 1,400m
Winner: Storm Damage, Patrick Cosgrave, Saeed bin Suroor

20.20pm: Curlin Stakes – Listed (TB) $100,000 (D) 2,000m
Winner: Appreciated, Fernando Jara, Doug O’Neill

8.55pm: Singspiel Stakes – Group 2 (TB) $180,000 (T) 1,800m
Winner: Lord Glitters, Daniel Tudhope, David O'Meara

9.30pm: Al Shindagha Sprint – Group 3 (TB) $150,000 (D) 1,200m
Winner: Meraas, Antonio Fresu, Musabah Al Muhairi

Updated: September 25, 2023, 4:11 PM