The climax of the Abu Dhabi Grand Prix on Sunday brought with it a bunch of controversy, after race leader and eventual winner Lewis Hamilton attempted to slow the pace to back his title rival Nico Rosberg into the traffic behind the two Mercedes cars. The strategy ultimately proved fruitless, with Rosberg securing second and sufficient points to take home his maiden World Championship, although the final few laps were given a welcome jump-start of excitement for the watching thousands at Yas Marina Circuit.
The widespread horror from knee-jerk pundits and Formula One team company men about Hamilton trying to – shock horror – turn a comparative parade into an actual race was rather sad, however. It should be noted that former and current racing drivers lining up to lay into Hamilton were rather noticeable by their absence.
Among this reactionary theatre, it got this writer thinking: what if, like cricketers can request extra overs near the conclusion of a Test match to try to force a result, F1 drivers in contention for a win could radio for an extra few laps at the end of the race? It certainly could have made for essential motorsport entertainment on Sunday.
That left-field theory would never get past the F1 powers that be, naturally, but could F1 increase its appeal by taking some nods from other top-level sports? Here are seven such radical wild-card ideas for the 2017 season.
*Adam Workman, The National
An NFL-style draft
If your American football team is no good, you always have the background hope that next season could be better. How so? Because each year, the top prospects from college football and beyond are dropped into the annual draft, with the worst team from the previous season being given the first pick of the talent. The second-worst team gets second pick, and so on. Now nobody is suggesting that Nico Rosberg or Lewis Hamilton would jump into a drive with this season’s whipping boys Manor, but if the trailing teams were given access to, say, one piece of new technology or the pick of a pool of top engineers, perhaps the playing field could be levelled a tiny amount.
Homogenised cars
As anybody who caught the GP2 Series races supporting the F1 in Abu Dhabi this year can affirm, single-seater racing can be swashbuckling and incident-packed. Mirroring numerous motorsport series around the world, GP2 makes it mandatory for all teams to use the same chassis, engine and tyre supplier, thereby making the racing much more influenced by driver ability than technology or massive financial clout. At Yas Marina Circuit, that meant wheel-to-wheel action aplenty. Across the entire 2016 GP2 season, the different drivers who claimed race victories stretched into double figures, smashing any notions of dominance from one team or the top few drivers.
Engineer transfer market
For better or worse, football has become the purest depiction of a sporting capitalism in action. More often than not, if you have the cash, you can buy the best players. The best players lead to success on the pitch, which in turn usually leads to financial windfalls, then the process repeats. In a sport where technology genius is arguably more important than the human piloting the car, what if there was a full transfer market or window for F1 teams to bid for the best engineers? Adrian Newey to Ferrari? Ross Brawn on a free transfer to Haas? As the continuing success of football superpowers such as Real Madrid, Barcelona, Bayern Munich and Abu Dhabi’s own Manchester City shows, such an open market does tend to strengthen the status quo. But last season’s English Premier League champions Leicester City – and this season’s Bundesliga pacesetters RB Leipzig – have shown that outside investment still gives the also-rans a chance to hit the big time.
Grid switches
The British Touring Car Championship is one example of a motorsport series that reverses its grid positions based on final positions in the previous race – the process is a little more complicated than a straight reversal, involving a draw, but it shakes up the order to ensure that the same drivers and teams aren’t constantly at the front of the grid for every race. Admittedly, BTCC has multiple races across each race weekend, while F1 has just one plus practices and qualifying, which would make the reversal idea a little more unfair. But as many back-to-front charges in F1’s past have proved, when a top driver has been forced to start from the pit lane or at the rear of the grid after crashing in qualifying, it makes for some thrilling overtaking potential.
A round on ice
At an event run by the Swiss watch brand Richard Mille at Yas Marina Circuit on Monday, the day after the Abu Dhabi Grand Prix, former F1 driver and current top commentator Martin Brundle conducted a short public interview with Haas's Swiss-French driver Romain Grosjean. When casually asked about his postseason plans, instead of trotting out some boring clichés about heading to the beach, the 30-year-old revealed he's looking forward to partaking in one of his favourite pursuits: ice driving. Somewhere, F1 overlord Bernie Ecclestone's eyes lit up. What a legacy he could engineer, by taking F1 to the final continent that it's yet to conquer: Antarctica. This season, there were no fewer than four competing drivers from the Nordic countries, traditionally a hotbed of ice-driving brilliance: two Finns (Kimi Räikkönen and Valtteri Bottas; Nico Rosberg's fellow World Champion dad Keke is also Finnish), one Dane (Kevin Magnussen) and a Swede (Marcus Ericsson). You can bet that Russian driver Daniil Kvyat has seen a bit of snow in his 22 years on Earth, too. Add the aforementioned ice-loving Grosjean, slap some studded tyres on the cars and it's slip-slidey game on.
Substitute drivers
Picture the scene: your F1 team has a racing incident, the driver spins, clips an armco and ends up having to pit for minor repairs. They’re at the back of the grid, trailing round behind the other 21 cars, but said driver’s skills lie in defensive manoeuvres rather than hard-charging, white-knuckle pyrotechnics. What if they could dive into the pits one more time and switch drivers for a sub who specialises in overtaking? Substitutions happen in just about every major sport you care to mention, so why not F1? And it’s a meritocracy, sure, but after a couple of test-driver false starts, isn’t it time that a female driver was added to the mix? You’re alienating 50 per cent of the world’s population right there, Bernie.
Legit brawls
This is probably the hardest sell of all the suggestions, but over the years, F1 has seen many great rivalries that have sometimes spilt over into physical confrontations. Ayrton Senna grabbing Michael Schumacher by the collar at a test session for the 1992 German Grand Prix; Nelson Piquet Sr and his Chilean protégé Eliseo Salazar after a crash at the 1982 German Grand Prix; James Hunt and, err, a marshal at the 1977 Canadian Grand Prix. So why not take off the gloves – and probably helmets, too – and let wronged rivals duke it out à la NHL. Who wouldn’t pay good money to see the featherweight bout of the century that would be Lewis Hamilton versus Nico Rosberg?
aworkman@thenational.ae
Follow us on Twitter @NatSportUAE
Like us on Facebook at facebook.com/TheNationalSport
The%20Last%20White%20Man
%3Cp%3EAuthor%3A%20Mohsin%20Hamid%C2%A0%3C%2Fp%3E%0A%3Cp%3E192%20pages%C2%A0%3C%2Fp%3E%0A%3Cp%3EPublished%20by%3A%20Hamish%20Hamilton%20(UK)%2C%20Riverhead%20Books%20(US)%3C%2Fp%3E%0A%3Cp%3ERelease%20date%3A%20out%20now%20in%20the%20US%2C%20August%2011%20(UK)%3C%2Fp%3E%0A
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
The biog
Name: Gul Raziq
From: Charsadda, Pakistan
Family: Wife and six children
Favourite holes at Al Ghazal: 15 and 8
Golf Handicap: 6
Childhood sport: cricket
Abu Dhabi Card
5pm: Maiden (PA) Dh 80,000 1,400m
National selection: AF Mohanak
5.30pm: Handicap (PA) Dh 90,000 1,400m
National selection: Jayide Al Boraq
6pm: Handicap (TB) Dh 100,000 1,400m
National selection: Rocket Power
6.30pm: Abu Dhabi Championship Listed (PA) Dh 180,000 1,600m
National selection: Ihtesham
7pm: Wathba Stallions Cup Handicap (PA) Dh 70,000 1,600m
National selection: Noof KB
7.30pm: Maiden (PA) Dh 80,000 2.200m
National selection: EL Faust
The specs
Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)
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.”
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Bedu%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Khaled%20Al%20Huraimel%2C%20Matti%20Zinder%2C%20Amin%20Al%20Zarouni%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%2C%20metaverse%2C%20Web3%20and%20blockchain%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Currently%20in%20pre-seed%20round%20to%20raise%20%245%20million%20to%20%247%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Privately%20funded%3C%2Fp%3E%0A
Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
Company profile
Company: Rent Your Wardrobe
Date started: May 2021
Founder: Mamta Arora
Based: Dubai
Sector: Clothes rental subscription
Stage: Bootstrapped, self-funded
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
Cinco in numbers
Dh3.7 million
The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown
46
The number, in kilograms, that Swarovski’s wedding gown weighed.
1,000
The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]
50
How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday
3,000
The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.
1.1 million
The number of followers that Michael Cinco’s Instagram account has garnered.
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.
Origin
Dan Brown
Doubleday
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
Disclaimer
Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
MATCH INFO
Rajasthan Royals 158-8 (20 ovs)
Kings XI Punjab 143/7 (20 ovs)
Rajasthan Royals won by 15 runs
Teaching in coronavirus times
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.