LONDON // Formula One teams and decision makers have agreed changes to the points system and tyre rules for this season as well as a ban on the controversial "double diffusers" from 2011.
The International Automobile Federation (FIA) said in a statement that the new points system will see the top 10 rewarded in a 25-18-15-12-10-8-6-4-2-1 sequence to encourage what it called "the race to win".
The FIA had said in December that the points would be allocated 25-20-15-10-8-6-5-3-2-1 to reward race winners and encourage overtaking.
The Formula One Commission, which groups the teams and major stakeholders, agreed the amendments to the sporting and technical regulations at a meeting yesterday.
The measures will be submitted to the World Motor Sport Council for final approval within 48 hours, although that can usually be taken for granted.
The tyre rules will be modified so that those drivers reaching the third and final phase of qualifying will have to start the race on the same set of tyres with which their grid time was set.
That will introduce another strategic element to races. "The number of dry weather tyres sets allocated per team has been reduced from 14 to 11," the FIA added.
"In addition, to encourage teams to run during the Friday practice sessions, one set has to be returned before the start of the second practice session, and two sets before the start of the third practice session."
For 2011, the "double diffusers" that pitched last season into controversy from the opening race when some teams such as eventual champions Brawn GP turned up with a radical interpretation, will be banned.
The permitted height of the main diffuser was also reduced from 175mm to 125mm.
The so-called "split level" or "double-decker" diffuser used by Brawn GP, Toyota and Williams was a radical re-working of a device that improves downforce by channelling the flow of air smoothly under the car.
The other teams then had to rush to copy it after losing appeals against it.
Teams unveiling their 2010 cars have been coy about their rear diffusers, sparking fears that a fresh row could erupt when the season starts on March 14 in Bahrain.
* Reuters
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Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi
Directors: Tarzan and Arab Nasser
Rating: 4.5/5
RESULTS
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UAE squad Rohan Mustafa (captain), Chirag Suri, Shaiman Anwar, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Saqlain Haider, Ahmed Raza, Mohammed Naveed, Imran Haider, Qadeer Ahmed, Mohammed Boota, Amir Hayat, Ashfaq Ahmed
Fixtures Nov 29-Dec 2
UAE v Afghanistan, Zayed Cricket Stadium, Abu Dhabi
Hong Kong v Papua New Guinea, Sharjah Cricket Stadium
Ireland v Scotland, Dubai International Stadium
Namibia v Netherlands, ICC Academy, Dubai
Company%20Profile
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Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
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Company%20profile
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The five pillars of Islam
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- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
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Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
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May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final
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EU fishing vessels guaranteed access to UK waters for 12 years
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Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
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Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
COMPANY%20PROFILE
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