You would think that after achieving your dream goal in life that you would be allowed a little while to put up your feet and bask in the satisfaction of what you have done.
Unfortunately, that is not the case for Sebastian Vettel, who just five days after winning the Abu Dhabi Grand Prix to become the youngest world champion in Formula One history will get back behind the wheel of his Red Bull-Renault today for a test session at Yas Marina Circuit.
The 23-year-old German will take part in a two-day test as he and the other drivers and teams on the grid get a first look at the Pirelli tyres that they will be racing on next season.
The test is the first step towards preparing for the 2011 campaign. But speaking yesterday at a Puma promotional event in Abu Dhabi, he said he is still trying to absorb what he has achieved.
"It has been my dream and my target in life and knowing now that I have achieved that and still have some time in front of me is a very nice feeling," he said.
"It is a weight off my shoulders. But very soon I will be looking forward to next season and motivating again to keep the challenge up."
For now, he said, the team is trying to enjoy the success of the championship season ahead of wind-tunnel testing at the Red Bull factory in Milton Keynes, England once they return from Abu Dhabi.
That is when he will feel the next season coming, he said, and "we will focus on next year's car … and trying to defend our title".
He added: "The rules change again with new tyres next year and no one knows how they are going to be yet, so it is difficult to assume how strong we are going to be next year.
"The target is to be at the top again, and with everyone trying to hunt and chase you down it is not getting easier."
Today's testing, which is behind closed doors at Yas Marina, is a chance for Vettel and Red Bull to make their own judgements on the Pirelli tyres.
The Italian manufacturers are replacing Bridgestone, who left the sport after last week's Abu Dhabi Grand Prix. Vettel believes that the work he will be doing in Abu Dhabi today and tomorrow is important.
"We don't know if the car will be fast on the new tyres," he said. "Then we will try and take as much of the experience from the test and put it inside the simulator."
The 2011 season does not begin until March, in Bahrain, but Vettel is not expecting much of a break between now and then.
He said: "Testing starts already in the beginning of February, and in January you are spending the first couple of weeks with the team driving the simulator".
He added: "Just before Christmas I will have things to do with the press and a lot of appearances, so I do not think that I will have too much time."
As to how he will unwind when he does get the opportunity, he said: "Everyone has their own ways. Me, nothing special, I just enjoy the time with friends and family at home and just be happy for a while if you don't see a car or a race track."
Vettel will be able to look back on a remarkable season in which the only time he led the championship was after the last race.
He shared the lead with teammate Mark Webber after the sixth round, in Monaco, but while Webber, Ferrari's Fernando Alonso and the McLaren-Mercedes drivers Lewis Hamilton and Jenson Button all took their turn at the front, a mixture of bad luck, unreliability and driver error meant Vettel was always playing catch-up.
His triumph in Abu Dhabi, coupled with Alonso and Webber finishing seventh and eighth, respectively, meant he topped the standings when it mattered most, and left him to reflect on a roller-coaster year.
"It was a long journey with ups and downs, highlights and races we didn't like too much, but that is part of the game," he said. "To come here and to win the championship here I am very happy."
It had not looked good for Vettel three weeks ago as his engine blew up late in the Korean Grand Prix, while he was leading.
He looked to be realistically out of the title reckoning, 25 points behind Alonso and 14 off Webber with just two races and 50 points left to be won.
Keeping an open mind and remaining optimistic were vital, Vettel said, to the reversal in fortune that saw him win in Brazil and in Abu Dhabi.
He said he understood immediately what sort of trouble he was in after the breakdown in Korea. "Of course you know what it means and the points you don't score. But still you can see you have two races to go and it was still possible.
"The most important thing this was season was to always keep believing especially when things were not looking too good, when we had to retire when the car broke down and the other guys were scoring big points.
"I was supported a lot by the team and the guys who kept believing me and made it easier for me to keep believing, and I think that was one of the most important things - just not losing your target.
"Two races to go we were 25 points behind the leader, and after Brazil it was looking better than before Brazil, so the key was to keep believing."
Abu Dhabi is likely always to have a place close to Vettel's heart, now that it is the location of his first world title success. But he is also extremely fond of the Yas Marina Circuit itself.
He won the inaugural race at Yas last year, and repeating the feat last Sunday means he remains the only F1 driver to know what victory there feels like. That is something he aims to keep going in the years to come.
"I love the [Yas Marina] circuit," he said. "It is the second time I have won here. Obviously, we have only been here twice, so I will try and keep my record up as long as I am in Formula One.
"It just suits me. It is different to other tracks and it is quite a difficult track with tricky corners, so it is quite a big challenge.
"Yes, it seems like I have liked it pretty good for the last two years, and also the car worked fine both times. So together the package always seemed to be right."
Vettel's success completed a perfect year for Red Bull.
The team founded in 2005 sealed their first constructors' title in Brazil the week before.
He said of the team: "We were quickest from the beginning to the end so that is something we can proud of and we hope to continue the same way next year."
Next year's work starts today in front of empty grandstands at Yas Marina, but you can be sure that Vettel will be pushing himself hard on the first step of his championship defence.
gcaygill@thenational.ae
Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
The%20specs
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Company%20profile
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((Disclaimer))
The Liechtensteinische Landesbank AG (“Bank”) assumes no liability or guarantee for the accuracy, balance, or completeness of the information in this publication. The content may change at any time due to given circumstances, and the Liechtensteinische Landesbank AG is under no obligation to update information once it has been published. This publication is intended for information purposes only and does not constitute an offer, a recommendation or an invitation by, or on behalf of, Liechtensteinische Landesbank (DIFC Branch), Liechtensteinische Landesbank AG, or any of its group affiliates to make any investments or obtain services. This publication has not been reviewed, disapproved or approved by the United Arab Emirates (“UAE”) Central Bank, Dubai Financial Services Authority (“DFSA”) or any other relevant licensing authorities in the UAE. It may not be relied upon by or distributed to retail clients. Liechtensteinische Landesbank (DIFC Branch) is regulated by the DFSA and this advertorial is intended for Professional Clients (as defined by the DFSA) who have sufficient financial experience and understanding of financial markets, products or transactions and any associated risks.
More from Janine di Giovanni
The%20specs
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COMPANY PROFILE
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
Roll of honour
Who has won what so far in the West Asia Premiership season?
Western Clubs Champions League - Winners: Abu Dhabi Harlequins; Runners up: Bahrain
Dubai Rugby Sevens - Winners: Dubai Exiles; Runners up: Jebel Ali Dragons
West Asia Premiership - Winners: Jebel Ali Dragons; Runners up: Abu Dhabi Harlequins
UAE Premiership Cup - Winners: Abu Dhabi Harlequins; Runners up: Dubai Exiles
West Asia Cup - Winners: Bahrain; Runners up: Dubai Exiles
West Asia Trophy - Winners: Dubai Hurricanes; Runners up: DSC Eagles
Final West Asia Premiership standings - 1. Jebel Ali Dragons; 2. Abu Dhabi Harlequins; 3. Bahrain; 4. Dubai Exiles; 5. Dubai Hurricanes; 6. DSC Eagles; 7. Abu Dhabi Saracens
Fixture (UAE Premiership final) - Friday, April 13, Al Ain – Dubai Exiles v Abu Dhabi Harlequins
Mohammed bin Zayed Majlis
Killing of Qassem Suleimani
Killing of Qassem Suleimani
Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
If you go
- The nearest international airport to the start of the Chuysky Trakt is in Novosibirsk. Emirates (www.emirates.com) offer codeshare flights with S7 Airlines (www.s7.ru) via Moscow for US$5,300 (Dh19,467) return including taxes. Cheaper flights are available on Flydubai and Air Astana or Aeroflot combination, flying via Astana in Kazakhstan or Moscow. Economy class tickets are available for US$650 (Dh2,400).
- The Double Tree by Hilton in Novosibirsk ( 7 383 2230100,) has double rooms from US$60 (Dh220). You can rent cabins at camp grounds or rooms in guesthouses in the towns for around US$25 (Dh90).
- The transport Minibuses run along the Chuysky Trakt but if you want to stop for sightseeing, hire a taxi from Gorno-Altaisk for about US$100 (Dh360) a day. Take a Russian phrasebook or download a translation app. Tour companies such as Altair-Tour ( 7 383 2125115 ) offer hiking and adventure packages.
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
List of alleged parties
May 15 2020: PM and Carrie attend 'work meeting' with at
least 17 staff members
May 20 2020: PM and Carrie attend 'bring your own booze'
party
Nov 27 2020: PM gives speech at leaving do for his staff
Dec 10 2020: Staff party held by then-education secretary
Gavin Williamson
Dec 13 2020: PM and Carrie throw a flat party
Dec 14 2020: London mayor candidate Shaun Bailey holds staff party at Conservative
Party headquarters
Dec 15 2020: PM takes part in a staff quiz
Dec 18 2020: Downing Street Christmas party
PRESIDENTS CUP
Draw for Presidents Cup fourball matches on Thursday (Internationals first mention). All times UAE:
02.32am (Thursday): Marc Leishman/Joaquin Niemann v Tiger Woods/Justin Thomas
02.47am (Thursday): Adam Hadwin/Im Sung-jae v Xander Schauffele/Patrick Cantlay
03.02am (Thursday): Adam Scott/An Byeong-hun v Bryson DeChambeau/Tony Finau
03.17am (Thursday): Hideki Matsuyama/CT Pan v Webb Simpson/Patrick Reed
03.32am (Thursday): Abraham Ancer/Louis Oosthuizen v Dustin Johnson/Gary Woodland
The%20specs
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Things Heard & Seen
Directed by: Shari Springer Berman, Robert Pulcini
Starring: Amanda Seyfried, James Norton
2/5
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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.”
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
Results:
First Test: New Zealand 30 British & Irish Lions 15
Second Test: New Zealand 21 British & Irish Lions 24
Third Test: New Zealand 15 British & Irish Lions 15
SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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Killing of Qassem Suleimani
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Floward%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAbdulaziz%20Al%20Loughani%20and%20Mohamed%20Al%20Arifi%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EE-commerce%0D%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3EAbout%20%24200%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAljazira%20Capital%2C%20Rainwater%20Partners%2C%20STV%20and%20Impact46%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E1%2C200%3C%2Fp%3E%0A
Liverpool's all-time goalscorers
Ian Rush 346
Roger Hunt 285
Mohamed Salah 250
Gordon Hodgson 241
Billy Liddell 228