Mercedes have announced that they will switch from its usual silver to black-coloured cars for the 2020 season. PA
Mercedes have announced that they will switch from its usual silver to black-coloured cars for the 2020 season. PA
Mercedes have announced that they will switch from its usual silver to black-coloured cars for the 2020 season. PA
Mercedes have announced that they will switch from its usual silver to black-coloured cars for the 2020 season. PA

Formula One: Lewis Hamilton and Mercedes to race in all-black cars in support of anti-racism movement


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Mercedes announced on Monday that it will race in all-black cars for the 2020 Formula One season as it pledges to fight racism and improve the diversity of its team.

Six-time F1 world champion Lewis Hamilton and teammate Valtteri Bottas will also race in black overalls for the season, which starts Sunday in Austria after a long delay caused by the coronavirus pandemic.

Hamilton called it an "important statement that we are willing to change and improve as a business".

“The Black Lives Matter movement has shone a searching light on how much we need new measures and actions in the fight against racism and all forms of discrimination,” Mercedes, who will switch color from silver, announced.

Hamilton, who is the only Black world champion in F1, has spoken widely about racism following the killing of George Floyd in Minneapolis last month. He plans to create a commission to increase diversity in motorsport.

“It is so important that we seize this moment and use it to educate ourselves whether you are an individual, brand or company to make real meaningful changes when it comes to ensuring equality and inclusivity,” Hamilton said.

Hamilton said he had spoken to Mercedes F1 team principal Toto Wolff about standing united.

“I have personally experienced racism in my life and seen my family and friends experience racism, and I am speaking from the heart when I appeal for change,” Hamilton said.

At the start of June, Hamilton took to social media saying he felt "completely overcome with rage" as he urged people to speak out against racism.

Mercedes said that just three per cent of its workforce identify as belonging to minority ethnic groups, and that only 12 per cent of its employees are women.

“We will not shy away from our weakness in this area, nor from the progress we must still make; our livery is our public pledge to take positive action,” Wolff said.

“We intend to find and attract the very best talents from the broadest possible range of backgrounds, and to create credible pathways for them to reach our sport, in order to build a stronger and more diverse team in the future,” Wolff added.

The season will finally get underway with back-to-back races at the Austrian Grand Prix as part of an eight-race European swing. The Red Bull Ring in Spielberg will host races on July 5 and 12.

  • World champion Lewis Hamilton has used social media to speak out about racism. AFP
    World champion Lewis Hamilton has used social media to speak out about racism. AFP
  • Lewis Hamilton celebrates after winning last season's Abu Dhabi GP. Reuters
    Lewis Hamilton celebrates after winning last season's Abu Dhabi GP. Reuters
  • The new Mercedes car Lewis Hamilton will be driving next season. PA
    The new Mercedes car Lewis Hamilton will be driving next season. PA
  • The new Mercedes car Lewis Hamilton will be driving next season. PA
    The new Mercedes car Lewis Hamilton will be driving next season. PA
  • Lewis Hamilton, right, and Max Verstappen. PA
    Lewis Hamilton, right, and Max Verstappen. PA
  • Lewis Hamilton leads the field at the start of last season's Abu Dhabi Grand Prix. Victor Besa / The National
    Lewis Hamilton leads the field at the start of last season's Abu Dhabi Grand Prix. Victor Besa / The National
  • Lewis Hamilton of Britain crosses the line to win last season's Abu Dhabi GP. AP
    Lewis Hamilton of Britain crosses the line to win last season's Abu Dhabi GP. AP
  • Lewis Hamilton after winning last season's Abu Dhabi GP. Victor Besa / The National
    Lewis Hamilton after winning last season's Abu Dhabi GP. Victor Besa / The National
  • Lewis Hamilton and Valtteri Bottas with the Mercedes team ahead of the 2019 Abu Dhabi GP. Reuters
    Lewis Hamilton and Valtteri Bottas with the Mercedes team ahead of the 2019 Abu Dhabi GP. Reuters
  • Lewis Hamilton celebrates after clinching the title last season. AFP
    Lewis Hamilton celebrates after clinching the title last season. AFP
  • Lewis Hamilton celebrates at Silverstone after winning the British GP last season. Reuters
    Lewis Hamilton celebrates at Silverstone after winning the British GP last season. Reuters
  • Lewis Hamilton celebrates at Silverstone last season. PA
    Lewis Hamilton celebrates at Silverstone last season. PA
  • Lewis Hamilton after securing his fifth title in 2018. PA
    Lewis Hamilton after securing his fifth title in 2018. PA
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The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

TUESDAY'S ORDER OF PLAY

Centre Court

Starting at 2pm:

Elina Svitolina (UKR) [3] v Jennifer Brady (USA)

Anastasia Pavlyuchenkova (RUS) v Belinda Bencic (SUI [4]

Not before 7pm:

Sofia Kenin (USA) [5] v Elena Rybakina (KAZ)

Maria Sakkari (GRE) v Aryna Sabalenka (BLR) [7]

 

Court One

Starting at midday:

Karolina Muchova (CZE) v Katerina Siniakova (CZE)

Kristina Mladenovic (FRA) v Aliaksandra Sasnovich (BLR)

Veronika Kudermetova (RUS) v Dayana Yastermska (UKR)

Petra Martic (CRO) [8] v Su-Wei Hsieh (TPE)

Sorana Cirstea (ROU) v Anett Kontaveit (EST)

What is graphene?

Graphene is extracted from graphite and is made up of pure carbon.

It is 200 times more resistant than steel and five times lighter than aluminum.

It conducts electricity better than any other material at room temperature.

It is thought that graphene could boost the useful life of batteries by 10 per cent.

Graphene can also detect cancer cells in the early stages of the disease.

The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

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

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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List of UAE medal winners

Gold
Faisal Al Ketbi (Open weight and 94kg)
Talib Al Kirbi (69kg)
Omar Al Fadhli (56kg)

Silver
Zayed Al Kaabi (94kg)
Khalfan Belhol (85kg)
Zayed Al Mansoori (62kg)
Mouza Al Shamsi (49kg women)

Bronze
Yahia Mansour Al Hammadi (Open and 94kg)
Saood Al Hammadi (77kg)
Said Al Mazroui (62kg)
Obaid Al Nuaimi (56kg)
Bashayer Al Matrooshi (62kg women)
Reem Abdulkareem (45kg women)

Test squad: Azhar Ali (captain), Abid Ali, Asad Shafiq, Babar Azam, Haris Sohail, Imam-ul-Haq, Imran Khan, Iftikhar Ahmed, Kashif Bhatti, Mohammad Abbas, Mohammad Rizwan(wicketkeeper), Musa Khan, Naseem Shah, Shaheen Afridi, Shan Masood, Yasir Shah

Twenty20 squad: Babar Azam (captain), Asif Ali, Fakhar Zaman, Haris Sohail, Iftikhar Ahmed, Imad Wasim, Imam-ul-Haq, Khushdil Shah, Mohammad Amir, Mohammad Hasnain, Mohammad Irfan, Mohammad Rizwan (wicketkeeper), Musa Khan, Shadab Khan, Usman Qadir, Wahab Riaz 

Scores:

Day 4

England 290 & 346
Sri Lanka 336 & 226-7 (target 301)

Sri Lanka require another 75 runs with three wickets remaining

A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5