Aston Martin target world domination in Formula One


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James Bond's cherished Aston Martins are coming in from the cold and focused on world domination – in Formula One that is.

No more slapping their name on the side of a Red Bull and hoping for the best.

007’s boys will be putting out their own works team in 2021 as the controversial Racing Point operation morphs once again under the banner of the famous British car marque.

But as the transition takes place there are few things that might have had the world’s most famous spy choking on his refrigerated olive and calling for M.

Naturally, the cars will sport Aston Martin’s famous British racing green. But it will be accompanied by large splashes of pink thanks to Austrian title sponsors BWT. A very un-Bond like hue.

And the man responsible for the regeneration of a venerated British institution is 61-year-old Ferrari fanatic Lawrence Stroll.

If they had met, 007 would doubtless have checked for his Walther PPK because the Canadian billionaire bears more than a passing resemblance to one of his more fiendish opponents, super villain Emilio Largo.

Stroll certainly has the exotic lifestyle living between homes in London, Martinique, Geneva and Westmount.

His car collection has a cherished Ford GTO, some McLarens and a fleet of Ferraris including a $27.5 million 275 NART bought at auction, one of only 10 in the world.

Then there’s Mont-Tremblant, the former GP venue outside Montreal he acquired 20 years ago (no doubt with hopes of staging a GP one day).

It looks like a piercing piece of business penetration to weave together an F1 team and a car company.

But Stroll, worth an estimated $2.6bn, said it happened by accident when he approached Aston Martin to sponsor his team.

He stepped in at the head of a consortium who invested $263m as Aston Martin threatened to go bust for the eighth time.

And it looks like a match made in heaven. Aston Martin are racing nobility stretching back to the 1920s and their history includes GP involvement before F1 existed and quixotic DB fans like Count Louis Zborowski and racer turned spy St John Horsfall.

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Gallery: Abu Dhabi GP practice

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And also priceless exposure with no less than four Aston Martins appearing in the latest Bond movie, No Time to Die; doubtless the new SUV offroader, so crucial to their survival and the 180mph, $110,000 DBX superbike unveiled this week.

It’s an interesting change of focus for the billionaire who made his money in the Canadian fashion industry turning Hilfiger, among others, from a $25m company to a $1.8bn global presence.

If it all works out, the organisation he has put together in two years could become the motoring buy of the century.

Of course it’s not a new road; he is traveling in the footsteps of Ferrari, Lotus, McLaren and to some extent Mercedes.

But his gamble looked to be working out when Racing Point scored their maiden victory at last Sunday's Sakhir Grand Prix to lay winning foundations for the new partnership.

In a very Fleming-like twist the victory was engineered by Sergio Perez who helped saved the team from closure two years ago only to find himself unceremoniously axed for 2021.

And there has been no lack of drama with both the team’s drivers catching covid-19 and a legal wrangle over a deal to share Mercedes parts.

With Stroll’s financial clout the team is going from strength to strength and can no longer claim to be an impecunious fringe player.

His private jet was used to rush car parts from England otherwise Racing Point might not have been able to contest the Bahrain race they eventually won.

But that doesn’t mean Stoll’s Midas Touch is being abused. “The team has about 400 people, a fraction of the other teams but have punched above their weight for a long time and are doing it again now,” he said.

He has careful expansion plans but with F1’s new $145m budget cap coming in other teams are being forced to contract from 1200 staff so it seems the sport is coming his way.

In another neat piece of business he has cemented a deal to use the Mercedes wind tunnel and, like the road cars company, is expected to confirm next February they will continue to use the renowned German engine, even if it is rebranded.

The icing on the cake came in September with the signing of four-time champion Sebastian Vettel to head the team.

Aston Martin, it seems, are going places and the story is likely to be a real page turner that even James Bond would enjoy.

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Teachers' pay - what you need to know

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

The specs

Engine: 5.2-litre twin-turbo V12

Transmission: eight-speed automatic

Power: 715bhp

Torque: 900Nm

Price: Dh1,289,376

On sale: now

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.
Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

Manchester United v Liverpool

Premier League, kick off 7.30pm (UAE)

Grand Slam Los Angeles results

Men:
56kg – Jorge Nakamura
62kg – Joao Gabriel de Sousa
69kg – Gianni Grippo
77kg – Caio Soares
85kg – Manuel Ribamar
94kg – Gustavo Batista
110kg – Erberth Santos

Women:
49kg – Mayssa Bastos
55kg – Nathalie Ribeiro
62kg – Gabrielle McComb
70kg – Thamara Silva
90kg – Gabrieli Pessanha

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Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar

Director: Neeraj Pandey

Rating: 2.5/5

Usain Bolt's time for the 100m at major championships

2008 Beijing Olympics 9.69 seconds

2009 Berlin World Championships 9.58

2011 Daegu World Championships Disqualified

2012 London Olympics 9.63

2013 Moscow World Championships 9.77

2015 Beijing World Championships 9.79

2016 Rio Olympics 9.81

2017 London World Championships 9.95

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Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

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Sundar Pichai

Chief executive, Google and Alphabet

Satya Nadella

Chief executive, Microsoft

Ajaypal Singh Banga

President and chief executive, Mastercard

Shantanu Narayen

Chief executive, chairman, and president, Adobe

Indra Nooyi  

Board of directors, Amazon and former chief executive, PepsiCo

 

 

COMPANY PROFILE

Name: N2 Technology

Founded: 2018

Based: Dubai, UAE

Sector: Startups

Size: 14

Funding: $1.7m from HNIs

Honeymoonish
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The%20Specs
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Profile of Tarabut Gateway

Founder: Abdulla Almoayed

Based: UAE

Founded: 2017

Number of employees: 35

Sector: FinTech

Raised: $13 million

Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.

RedCrow Intelligence Company Profile

Started: 2016

Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel 

Based: Ramallah, Palestine

Sector: Technology, Security

# of staff: 13

Investment: $745,000

Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors

The biog

Name: Dhabia Khalifa AlQubaisi

Age: 23

How she spends spare time: Playing with cats at the clinic and feeding them

Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need

Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman

Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs 

Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing

The five pillars of Islam
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Dubai works towards better air quality by 2021

Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.

“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

“There are 25 stations in total,” Mr Al Daraji said.

“We added new technology and equipment used for the first time for the detection of heavy metals.

“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

TICKETS

Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.

Profile

Company: Libra Project

Based: Masdar City, ADGM, London and Delaware

Launch year: 2017

Size: A team of 12 with six employed full-time

Sector: Renewable energy

Funding: $500,000 in Series A funding from family and friends in 2018. A Series B round looking to raise $1.5m is now live.

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

While you're here
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

The specs: 2017 Dodge Ram 1500 Laramie Longhorn

Price, base / as tested: Dhxxx
Engine: 5.7L V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 556Nm @ 3,950rpm
Fuel economy, combined: 12.7L / 100km

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COMPANY%20PROFILE%20
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