Lewis Hamilton has predicted Max Verstappen’s staggering domination could continue for the next couple of years.
The seven-time champion punctured the dreams of those who could see the shoots of competitive form emerging lately from the champions arch rivals, Mercedes and Ferrari.
Hamilton was speaking after the Dutchman extended his glory run to a record 17th win of the season with an easy victory in Brazil.
At the same time, Mercedes' renaissance in Texas and Mexico fell flat on its face in Sao Paulo with a performance boss Toto Wolff branded “the worst weekend in 13 years”.
Hamilton finished eighth, almost a minute behind the winner, and teammate George Russell retired with a broken engine.
That was on a circuit where Russell triumphed 12 months ago, and just 14 days after the man in the other Mercedes had pushed Verstappen all the way to the flag in Austin before being disqualified, and followed it up with another second place in Mexico.
“All I can do is try to remain optimistic,” said Hamilton in Brazil. “But the Red Bull is so far away they’re probably going to be very clear for the next couple of years.”
Despite his delight at the car’s form at the last race Hamilton now admitted: “I’m not dazzled by where we are.
“I get messages saying ’Oh, it’s looking good’ but I reply ‘It was looking good this time last year too and then we started the season 1.5 seconds behind'.”
The latest blow comes at the end of a week in which former technical boss Mike Elliott, who championed their disastrous so-called ‘zero sidepod’ design, left the team.
Former Ferrari chief James Allison tightened his grip on technical matters.
Wolff branded their sudden lack of form as “unacceptable” and “baffling”, saying Mercedes appeared to be racing on “three wheels not four” in their “miserable” car.
Hamilton had been running third early in the race and looked set to carve another slice out of Sergio Perez’s grip on second place in the drivers' championship.
But his slump to eighth, while Red Bull's Mexican driver gamely plodded up to fourth, meant Hamilton shipped another 12 points and now trails by 32 with rounds remaining in Las Vegas on November 19 and Abu Dhabi on November 26.
Hamilton’s analysis also rings true for Ferrari, who also suffered badly in Brazil. Having qualified on the front row, Charles Leclerc failed to make it to the start after a hydraulics failure pitched him into the barriers and teammate Carlos Sainz complained publicly about their troublesome clutch.
Bemoaning his misfortune, Leclerc joked he might detour before Vegas to the Christian religious site of Lourdes to try to turn his luck around.
Such is Red Bull’s scorching pace under genius designer Adrian Newey, their nearest rivals in Brackley and Maranello are falling apart just when the foundations of next year’s challenge should be materialising.
The two legendary teams are separated by just 20 points in the battle for second in the constructors' championship.
Neither team are particularly enamoured at the ‘honour’ of such a distant second to Red Bull except that it is tied to tens of millions extra in prize money.
With at least 44 points on offer in each of the last two events, one big race result could prove decisive.
“The gap is still big in the championship and we have to be aggressive,” admitted Ferrari boss Frederic Vasseur.
Meanwhile, F1 bosses have reportedly assured teams the Abu Dhabi Grand Prix will go ahead despite renewed warnings by Britain’s Foreign Office to its citizens to maintain a “high level of security awareness” in the Gulf because of the “high threat of terrorist attack globally affecting UK interests and British nationals”.
The warning by the government in the country where most of the F1 teams are based is a copy of those being issued in Belgium, France and Bahrain who are also involved in F1.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Baby Driver
Director: Edgar Wright
Starring: Ansel Elgort, Kevin Spacey, Jamie Foxx, Lily James
Three and a half stars
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
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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
Mohammed bin Zayed Majlis
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
MATCH INFO
Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD
* Second leg in Australia scheduled for October 10
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Essentials
The flights
Return flights from Dubai to Windhoek, with a combination of Emirates and Air Namibia, cost from US$790 (Dh2,902) via Johannesburg.
The trip
A 10-day self-drive in Namibia staying at a combination of the safari camps mentioned – Okonjima AfriCat, Little Kulala, Desert Rhino/Damaraland, Ongava – costs from $7,000 (Dh25,711) per person, including car hire (Toyota 4x4 or similar), but excluding international flights, with The Luxury Safari Company.
When to go
The cooler winter months, from June to September, are best, especially for game viewing.
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
THE BIO
Bio Box
Role Model: Sheikh Zayed, God bless his soul
Favorite book: Zayed Biography of the leader
Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet
Favorite food: seafood
Favorite place to travel: Lebanon
Favorite movie: Braveheart
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
A%20QUIET%20PLACE
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