When Max Verstappen tore across the finish line at Yas Marina Circuit, Red Bull team principal Christian Horner summed up the feelings of the entire team via the radio link.
“You’ve smashed it out of the park,” he told the 2022/2023 Formula 1 victor.
“It’s been a privilege watching you.”
For his own part, Verstappen seemed happy but relieved at today’s result.
Speaking after he was out of the car and standing centre stage at Yas Marina Circuit, he talked about his “incredible” season, but admitted to being moved by today’s event.
“It was a bit emotional on the last lap,” he told former F1 stalwart David Coulthard.
“The last time sitting in the car which of course has given me a lot.”
The driver said he was proud to win the final race, thanking teammates in the process.
Of today’s race, Verstappen admitted making life problematic for himself early on by taking it easy, but he said: “It was necessary in order not to shred the tyres.”
A positive end to the season, then, but when it comes to what happens next year, Verstappen admitted there was still work to be done if he and Red Bull were going to remain dominant.
“It will be hard to do something similar next season,” he said.
“Everyone will be trying to beat us. We definitely enjoyed this year though."
Second-placed Charles Leclerc expressed frustration at Ferrari not being able to topple Mercedes in the constructor’s championship.
He said: “We were disappointed with the third placing,” adding it had been a team goal to get the team runner-up placing for the last couple of races.
In general, he was pleased with their performance in Abu Dhabi though, citing a good effort by all at Ferrari.
“It was definitely not a given we were the second fastest car this weekend,” he said, acknowledging the efforts put in by his team.
Mercedes’ George Russell was satisfied with both his and the team’s performance.
“It means a huge amount,” he said of his third placing.
“There’s so many people back at the factory who have worked so hard to achieve this, it’s been a really challenging season.
“I’ve let the side down a couple of times this year so I’m pleased to have brought it across the line today.”
-

Race winner and world champion Max Verstappen of Red Bull celebrates on the podium after his victory in the Abu Dhabi Grand Prix at Yas Marina Circuit on November 26, 2023. Getty Images -

Race winner Max Verstappen with his Red Bull team after the race. Getty Images -

Fireworks explode after Max Verstappen wins the Abu Dhabi Grand Prix. UAE Presidential Court -

Red Bull's Dutch driver Max Verstappen celebrates his victory. AFP -

Rd Bull's Max Verstappen crosses the finish line to win the Abu Dhabi Grand Prix. EPA -

Red Bull's Max Verstappen takes the chequered flag to win the Abu Dhabi Grand Prix. Getty Images -

Red Bull's Dutch driver Max Verstappen celebrates on the podium with second place Charles Leclerc, left, of Ferrari and Mercedes' George Russell who was third. AFP -

Max Verstappen performs donuts after winning. EPA -

Red Bull driver Max Verstappen after the race. AP -

Max Verstappen of Red Bull Racing celebrates after winning the race. EPA -

Winner Max Verstappen shakes hands with second-placed Charles Leclerc of Ferrari. Reuters -

Red Bull's Max Verstappen celebrates winning the Abu Dhabi Grand Prix. AFP -

Charles Leclerc of Ferrari during the race. Getty Images -

Mercedes' Lewis Hamilton during the race. AFP -

The Al Fursan aerobatic team and an Etihad plane perform a flyover prior to the race at Yas Marina Circuit. UAE Presidential Court
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
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TICKETS
Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.
MATCH DETAILS
Juventus 2 (Bonucci 36, Ronaldo 90 6)
Genoa 1 (Kouame 40)
More on Quran memorisation:
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Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
ARSENAL IN 1977
Feb 05 Arsenal 0-0 Sunderland
Feb 12 Manchester City 1-0 Arsenal
Feb 15 Middlesbrough 3-0 Arsenal
Feb 19 Arsenal 2-3 West Ham
Feb 26 Middlesbrough 4-1 Arsenal (FA Cup)
Mar 01 Everton 2-1 Arsenal
Mar 05 Arsenal 1-4 ipswich
March 08 Arsenal 1-2 West Brom
Mar 12 QPR 2-1 Arsenal
Mar 23 Stoke 1-1 Arsenal
Apr 02 Arsenal 3-0 Leicester
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.”
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The specs: 2018 Mitsubishi Eclipse Cross
Price, base / as tested: Dh101,140 / Dh113,800
Engine: Turbocharged 1.5-litre four-cylinder
Power: 148hp @ 5,500rpm
Torque: 250Nm @ 2,000rpm
Transmission: Eight-speed CVT
Fuel consumption, combined: 7.0L / 100km
Mohammed bin Zayed Majlis
Dr Amal Khalid Alias revealed a recent case of a woman with daughters, who specifically wanted a boy.
A semen analysis of the father showed abnormal sperm so the couple required IVF.
Out of 21 eggs collected, six were unused leaving 15 suitable for IVF.
A specific procedure was used, called intracytoplasmic sperm injection where a single sperm cell is inserted into the egg.
On day three of the process, 14 embryos were biopsied for gender selection.
The next day, a pre-implantation genetic report revealed four normal male embryos, three female and seven abnormal samples.
Day five of the treatment saw two male embryos transferred to the patient.
The woman recorded a positive pregnancy test two weeks later.
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Launch year: 2020
Employees: four – plans to add another 10 by July 2021
Financing stage: $250,000 bootstrap funding, approaching VC firms this year
Investors: Co-founders
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Processor: 4nm Snapdragon 8 Gen 1/Exynos 2200, 8-core
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Storage: 128/256/512GB/1TB
Platform: Android 12
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Video: 8K@24fps, 4K@60fps, full-HD@60fps, HD@30fps, super slo-mo@960fps
Front camera: 40MP f/2.2
Battery: 5000mAh, fast wireless charging 2.0 Wireless PowerShare
Connectivity: 5G, Wi-Fi, Bluetooth 5.2, NFC
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SIM: single nano, or nano and SIM, nano and nano, eSIM/nano and nano
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Price: Dh4,699 for 128GB, Dh5,099 for 256GB, Dh5,499 for 512GB; 1TB unavailable in the UAE
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Damien McElroy: Boris must listen to Churchill's comments on Irish divisions
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Tomorrow 2021
UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models
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Key features of new policy
Pupils to learn coding and other vocational skills from Grade 6
Exams to test critical thinking and application of knowledge
A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools
Schools to implement online system to encouraging transparency and accountability
The 12 breakaway clubs
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
Zayed Sustainability Prize
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THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
Favourite dessert: Umm Ali with dark camel milk chocolate flakes
Favourite hobby: Football
Breakfast routine: a tall glass of camel milk


