Mohammed ben Sulayem greeted yesterday's news the Formula One crisis was finally over with a mixture of relief and sadness.
The Formula One Teams' Association (FOTA) have dropped their plans for a rival breakaway series and all eight of their members, including Ferrari, McLaren and Brawn GP, will now be on the grid for the 2010 championship.
As part of the agreement, Max Mosley will not stand for re-election when his tenure as the president of the FIA, motorsport's governing body, ends in October.
Ben Sulayem, a vice-president of Sport for the FIA and president of the Automobile and Touring Club of the UAE (ATCUAE), is relieved the tense and worrying situation has been resolved, but disappointed it means Mosley, 69, will not continue in a role he has served for 16 years.
"People were looking at all of us and thinking we were not trying to find a solution," he said. "I always felt we would, but it is just a shame it has ended the way it has. It could have been handled better and it could have been resolved without the need to lose Max.
"No matter what people think of him personally, he has done so much for motorsport and I think he would have continued had it not been for this issue with FOTA.
"The breakaway series was very close and it would have been catastrophic if we could not have come to an agreement.
"He did not want everything he had worked for to go to waste. He had worked for 16 years to improve motorsport and he was not going to ruin what he worked for. It takes a brave, great man to walk away like this.
"But I think he was tired too. He told me he felt differently after the recent death of his son [after a drugs overdose].
"Something like that can change anyone and whatever his reasons, you have to respect his decision now not to stand again as the president.
"You also have to respect and remember the good things he did for the FIA and motorsport. He gave most of his life to this and the sport will miss him."
Ben Sulayem added it will be difficult for anyone to replace Mosley, but was hoping lessons will be learned from this episode, a dark period in the history of F1.
The agreed deal will see the 10 teams in the championship joined by Campos Meta, Manor Grand Prix and Team US F1 for next season.
There will be no budget cap for 2010 as planned by the FIA, but FOTA-proposed cost-cutting measures with technical assistance given to the three new teams.
"Everyone is to blame for this situation really because each side had their own ideas and arguments," added ben Sulayem.
"The FIA cared about motorsport and the financial situation and the teams cared about what was happening to Formula One. Before there was no winner and now we have had enough of these unnecessary fights.
"I hope everybody will learn from this. Formula One is the pinnacle of motorsport and we want it remain like that. We want it to be exciting and competitive, but without financial problems.
"We will lose Max, but life goes on and I hope we can move forward. The FIA have lost a leader, but nobody is irreplaceable. The new president will not be Max and will do things differently, in his own way. It is a big responsibility and we need someone who is strong, and who will do what is right for motorsport and the people. We must not forget that the FIA belongs to the people."
@Email:akhan@thenational.ae
Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Neil Thomson – THE BIO
Family: I am happily married to my wife Liz and we have two children together.
Favourite music: Rock music. I started at a young age due to my father’s influence. He played in an Indian rock band The Flintstones who were once asked by Apple Records to fly over to England to perform there.
Favourite book: I constantly find myself reading The Bible.
Favourite film: The Greatest Showman.
Favourite holiday destination: I love visiting Melbourne as I have family there and it’s a wonderful place. New York at Christmas is also magical.
Favourite food: I went to boarding school so I like any cuisine really.
COMPANY%20PROFILE%20
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Lowest Test scores
26 - New Zealand v England at Auckland, March 1955
30 - South Africa v England at Port Elizabeth, Feb 1896
30 - South Africa v England at Birmingham, June 1924
35 - South Africa v England at Cape Town, April 1899
36 - South Africa v Australia at Melbourne, Feb. 1932
36 - Australia v England at Birmingham, May 1902
36 - India v Australia at Adelaide, Dec. 2020
38 - Ireland v England at Lord's, July 2019
42 - New Zealand v Australia in Wellington, March 1946
42 - Australia v England in Sydney, Feb. 1888
Company%20profile
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The specs
Engine: 3.8-litre V6
Power: 295hp at 6,000rpm
Torque: 355Nm at 5,200rpm
Transmission: 8-speed auto
Fuel consumption: 10.7L/100km
Price: Dh179,999-plus
On sale: now
Mica
Director: Ismael Ferroukhi
Stars: Zakaria Inan, Sabrina Ouazani
3 stars
TERMINAL HIGH ALTITUDE AREA DEFENCE (THAAD)
What is THAAD?
It is considered to be the US's most superior missile defence system.
Production:
It was created in 2008.
Speed:
THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.
Abilities:
THAAD is designed to take out ballistic missiles as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".
Purpose:
To protect high-value strategic sites, such as airfields or population centres.
Range:
THAAD can target projectiles inside and outside the Earth's atmosphere, at an altitude of 150 kilometres above the Earth's surface.
Creators:
Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.
UAE and THAAD:
In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then stationed them in 2016, becoming the first Gulf country to do so.
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
The specs: 2019 Aston Martin DBS Superleggera
Price, base: Dh1.2 million
Engine: 5.2-litre twin-turbo V12
Transmission: Eight-speed automatic
Power: 725hp @ 6,500pm
Torque: 900Nm @ 1,800rpm
Fuel economy, combined: 12.3L / 100km (estimate)
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.
BULKWHIZ PROFILE
Date started: February 2017
Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)
Based: Dubai, UAE
Sector: E-commerce
Size: 50 employees
Funding: approximately $6m
Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.