Live updates: Follow the latest on the 2024 Abu Dhabi F1
George Russell has hit back at Max Verstappen, revealing the four-time world champion threatened to “purposely go out of his way to crash into me, put me on my head in the wall” at the Qatar Grand Prix last weekend.
Verstappen received a one-grid penalty at Lusail for driving too slow during qualifying, and later slammed Russell and accused him of intentionally fighting to get him penalised during the meeting with the stewards.
The Dutchman said he lost all respect for Russell, and called the Mercedes driver "two-faced". Verstappen reiterated his views during a press conference at Yas Marina Circuit on Thursday, saying he had “no regrets at all” over his comments.
“If I had to do it again, maybe I would have said even more, knowing the outcome of the race result,” said the Red Bull driver. "I still can't believe that someone can be like that in the stewards’ room. For me that was so unacceptable.”
In a roundtable media session at the Mercedes hospitality villa in Abu Dhabi, Russell, joined by team principal Toto Wolff, responded to Verstappen’s statements, which Russell described as a “personal attack”.
“It’s funny because even before I said a word at the stewards, he was swearing at the stewards, he was so angry, before I’d even spoken,” said Russell.
“At the end of the day, there’s nothing to lie about. The facts were the facts. He was going too slow, he was on the racing line in the higher speed corner. I wasn’t trying to get him a penalty at all when I was on track, I was in pole position at this time, I was just trying to prepare my lap.
“And as drivers, you fight hard on the track, you fight hard with the stewards; the same way as Max the very next day asked his team to look at Lando’s (Norris) penalty through the yellow flag. That’s not personal Max to Lando, that’s just racing. And I do not see why he felt the need for this personal attack, and I’m not going to take it.”
The British driver added: “I never had the intention to throw Max under the bus like this, until he comes out and slams me so personally. This is not like, I’m angry with Max. This is me just setting the record straight. I’m not going to stand here watching some guy slam me personally as he has done.”
Russell revealed a heated conversation that took place between him and Verstappen in Qatar after qualifying and said the Dutchman swore at him and threatened to take him out.
“I’ve known Max for a long time and I know what he’s capable of. And he said to me he was going to purposely go out of his way to crash into me, put me on my ... head in the wall,” said Russell.
“I knew that was a bit of a heat-of-the-moment thing, but when I went to see him the next day at the drivers’ parade and Checo (Perez) was there and Carlos (Sainz) was there, and we were joking around a little bit, I saw it in his eyes that he means it.
“And you know, he’s a four-time world champion, but when I compare his actions to the ones of Lewis – Lewis is the sort of world champion I aspire to be like. The way he fought Max in ’21, it’s hard, very hard, it’s fair, but never beyond the line.
“And I think we’ve got a duty as drivers. I’ve got an eight-year-old nephew who’s just starting go-karting, he watches all of my races, watches TikTok, watches YouTube, and for a world champion to be coming out saying he’s going to go out of his way to crash into someone, put them on their head, that is not the sort of role models we should be.”
Wolff, who was not initially scheduled to take part in the media session, was asked if he believes the atmosphere around Verstappen at Red Bull has enabled the aforementioned behaviour.
The Mercedes boss took aim at his counterpart at Red Bull, Christian Horner, and described him as a “yapping little terrier”.
“As a team principal, it’s important to be a sparring partner for your drivers. And that means explaining that things can be more nuanced. Statements that are absolutistic, thinking that something is either 100 per cent right, or 100 per cent wrong, is just something I think you need to explain,” said Wolff.
“Things are more nuanced, depending on perception and your perspective. You need to allow for something to be 51-49, you need to allow for it to be 70-30. There is always another side. And maybe when you put it that way and you explain to your drivers and to your team, you come to the conclusion that there is truth in both sides.
“If you don’t do that, you’re falling short of your role, it’s just weak.
“Why does he (Horner) feel entitled to comment about my driver? How does that come? Yapping little terrier, always something to say.”
Russell put Verstappen’s actions down to what he believes is an inability to handle any adversity.
“I don’t know why this topic has got him so angry,” said Russell. “And like I said to you before, he cannot deal with adversity. He’s had the most dominant car in recent history for two and a half years. I’m not questioning his driving ability one single bit, but the second he doesn’t have the fastest car, let’s take Budapest as an example. He crashes into Lewis, he slams his whole team, and he loses the plot.
“Straightaway after that race, 25 per cent of the engineering team were sending their CVs to Mercedes, to McLaren, to Aston Martin, because they said they can’t deal with a guy like that.
“And since Austria, he’s won the same number of races as six other drivers. So when you say, is Max beatable? Of course he’s beatable. When he’s the most dominant car, he is not beatable. The same way Lewis and I, when we have the most dominant car, in Silverstone, in Las Vegas, we’re not beatable either.”
Russell brought up Hamilton’s down-to-the-wire fight for the championship with Verstappen in 2021, which was ultimately decided in the last lap at the season finale in Abu Dhabi in controversial fashion.
“He’s been enabled because nobody has stood up to him. Lewis stood up to him in 2021, and Lewis lost that championship unfairly,” said Russell.
“Can you imagine the roles being reversed and Max losing that championship in the manner that Lewis lost that championship? Masi (Michael Masi, former F1 race director) would have been fearing for his life.
“As I said, some of the recent incidents he has been punished. And he punished himself – Mexico with the reckless overtakes, Budapest with the reckless overtake. But it’s just in the past he had such a dominant car, he’s not been in this position. So I think the FIA are pretty on it now and I don’t think much needs to change from their viewpoint. Because he’s going to punish himself one way or another.”
Verstappen, however, remained unapologetic about the turn of events.
"I never expected someone to actually try and get someone a penalty,” Verstappen said. “In my whole career, I've never experienced what I have experienced in the stewards’ room in Qatar.”
Company%20profile
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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.”
ESSENTIALS
The flights
Fly Etihad or Emirates from the UAE to Moscow from 2,763 return per person return including taxes.
Where to stay
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The specs
Engine: 1.5-litre, 4-cylinder turbo
Transmission: CVT
Power: 170bhp
Torque: 220Nm
Price: Dh98,900
The past Palme d'Or winners
2018 Shoplifters, Hirokazu Kore-eda
2017 The Square, Ruben Ostlund
2016 I, Daniel Blake, Ken Loach
2015 Dheepan, Jacques Audiard
2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan
2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux
2012 Amour, Michael Haneke
2011 The Tree of Life, Terrence Malick
2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul
2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke
2008 The Class (Entre les murs), Laurent Cantet
Emergency phone numbers in the UAE
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50
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Results
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So what is Spicy Chickenjoy?
Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
Jebel Ali Dragons 26 Bahrain 23
Dragons
Tries: Hayes, Richards, Cooper
Cons: Love
Pens: Love 3
Bahrain
Tries: Kenny, Crombie, Tantoh
Cons: Phillips
Pens: Phillips 2
Racecard
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Five expert hiking tips
- Always check the weather forecast before setting off
- Make sure you have plenty of water
- Set off early to avoid sudden weather changes in the afternoon
- Wear appropriate clothing and footwear
- Take your litter home with you
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Eagles
Tries: Bright, O’Driscoll
Cons: Carey 2
Pens: Carey 3
Hurricanes
Tries: Knight 2, Lewis, Finck, Powell, Perry
Cons: Powell 3
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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If you go...
Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.
Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50
RESULTS
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More from Neighbourhood Watch
AUSTRALIA SQUAD
Aaron Finch, Matt Renshaw, Brendan Doggett, Michael Neser, Usman Khawaja, Shaun Marsh, Mitchell Marsh, Tim Paine (captain), Travis Head, Marnus Labuschagne, Nathan Lyon, Jon Holland, Ashton Agar, Mitchell Starc, Peter Siddle
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
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
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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ESSENTIALS
The flights
Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.
The hotels
Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.
The tours
A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages.
Abramovich London
A Kensington Palace Gardens house with 15 bedrooms is valued at more than £150 million.
A three-storey penthouse at Chelsea Waterfront bought for £22 million.
Steel company Evraz drops more than 10 per cent in trading after UK officials said it was potentially supplying the Russian military.
Sale of Chelsea Football Club is now impossible.
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.