Drones, Kalashnikovs as learning material for Ukraine teens
Firing a rifle, stripping down a Kalashnikov or learning how to pilot a drone: it is all in a day's training a year and seven months into a war which is only too real for a...
2023-09-15 03:55
10 Jane Birkin-Inspired Bags That Don’t Cost As Much As A House
Last week we lost style icon Jane Birkin. The British It girl who achieved huge success in French cinema and music from the 1960s onwards had a lasting influence on fashion. For many, she remains the epitome of the laid-back, lazy-girl look — think jeans and a T-shirt, simple yet chic minidresses, and a whole lot of wide-leg trousers.
2023-07-25 03:19
Inspired by Schumacher, meet the Hong Kong billionaire targeting a new Formula 1 team
While Formula 1 may be struggling to invigorate the spectacle of racing amid another anticipated year of Red Bull dominance, one area it is not struggling in is the off-track coffers. With more races than ever before, and the bumper profits that go with it, an inevitable side-effect is wandering eyes from afar. The sport’s governing body, the FIA, has thus opened an “expressions of interest” process in January for new potential teams to join the current 10-team grid, perhaps as soon as 2025. Enter Calvin Lo: a Hong Kong-based billionaire. CEO of R.E. Lee International, the world’s largest life insurance broker, the 45-year-old has been “hooked” on the sport since glimpsing Michael Schumacher’s Ferrari on TV in the early 2000s. A trip to Shanghai for the first Chinese Grand Prix in 2004 underlined that adoration. But now, spectating from the paddock isn’t enough. “I’m having serious discussions about getting involved right now,” he tells The Independent, from an office in Singapore, with all the paperwork lying in front of him. “There’s actually quite a few proposals in front of me right now to see how I can participate. “F1 needs more teams. There’s too many talents in motorsport to not have more teams. But when I go through it, it is highly aspirational and absolutely, very ambitious. Still, I’d loved to be involved financially.” But not at the cost of his reputation. Financial prudence and sustainability are at the forefront of his thinking, with the extended FIA deadline for applications closing on Sunday. The entrance fee for any new team is $200m, shared by all the current teams. Mercedes boss Toto Wolff has previously remarked that $1bn is realistically required to fight at the front, a figure Lo agrees is “fair” given the basic costs of recruitment and car development. “I won’t get myself into that vicious cycle where I can’t hit those financial markers,” he says, adamantly. “Putting money into the team is not the difficult part. It’s making sure it’s sustainable; otherwise it’s embarrassing for everyone. It’s very intricate, even with an established group of people, with all the sponsorship and the detail. “But there’s so much potential in this part of the world – it’d be so advantageous to the Asian community and to the F1 ecosystem.” Audi have already confirmed their entry in 2026, taking over from Alfa Romeo (Sauber), while American giant Ford has partnered with Red Bull for the world champions’ new powertrains division. While Lo was tight-lipped about naming potential partnerships, he did emphasise his eagerness to join forces with a new team via the current FIA process. Confirmed bids from Andretti Cadillac, as well as a mooted submission from junior formula outfit Hitech GP, were ruled out. An association with Panthera Team Asia, therefore, seems most probable at this point. Lo also has a financial link with Williams’ F1 team, who were bought by private investment firm Dorilton Capital nearly three years ago, but non-disclosure agreements preclude him from elaborating further. He was insistent, however, that any new team would not present a conflict of interest. Instead, his new venture, likely based out of Asia, would be his primary focus. The continent is a “huge untapped market” for the sport, in Lo’s view, amid the Americanisation of the sport witnessed at the weekend in Miami. An academy for drivers and academics alike is also a target. “To truly make F1 global, we cannot forget this part of the world,” he says. “There are races, but the penetration is not high and it’s wasted. “I would love to have an Asian team with a base in the Pearl River Delta [the wealthiest region in south China]. The initial few seasons would be tough but it’s important for the sport to have more exposure and commitment here. “It’d be great to have an academy here. Recruiting talents not just for F1, but aeronautics and legal avenues. For young people to be exposed to this kind of world, it could change someone’s life. “With [F1’s new regulations in] 2026 and the net-zero target of 2030, now is the perfect time to be involved behind the scenes.” Working in the shadows is just how Lo operates. Widely publicised as the “secretive” or “under-the-radar” billionaire – who has a net worth of $1.7bn (£1.3bn) according to Forbes – he covets privacy, despite a lucrative lifestyle which includes owning a suite of supercars and a collection of tip-top champagne, with a single batch costing $230m. “If I go into F1, you won’t see me,” he reveals. “It’s not my style. It’s also partly to do with my main business and working with clients. “In my view, the wealthier you are… you don’t go out and flaunt it. Well some do, most don’t!” McLaren CEO Zak Brown believes there will be at least four prospective teams interested in joining the sport, while F1’s regulations cater for only two more spots. Lo has been included in an initial application to play a financial role – even if he won’t be the face of said new team – and the FIA intends on making a decision about which teams will be granted a shot at the big time by the end of June. “By 2026, it will be a different world we live in and it’d be pretty amazing to be part of that change,” he concludes. “It’s now about looking at all the plans and making a decision truly from a financial point of view. “The skeleton is already there. It’s now just getting everyone to commit themselves.” Read More FIA formally opens applications for new teams to join F1 grid Andretti joins forces with General Motors to target Formula 1 entry FIA boss ‘surprised’ at ‘adverse reaction’ to Andretti’s F1 bid with Cadillac Aussie billionaire David Dicker enters race for new team to join F1 grid Ford to rejoin Formula 1 as engine partner for Red Bull from 2026
2023-05-12 15:18
'The carbonation expands the stomach': Internet slams Tammy Slaton as she poses with diet soda
'You're not suppose to drink soda after having bariatric surgery! That weight will pack on again,' a '1000-lb Sisters' fan replied to Tammy Slaton
2023-05-19 09:20
Czechs announce major pension, tax reform to rein in debt
The Czech government presented an extensive tax and pension reform on Thursday designed to curb soaring public debt due to the Covid pandemic...
2023-05-11 21:16
Constellation Announces New Directors in Pact With Activist Elliott
Constellation Brands Inc. appointed two new independent directors as it reached a cooperation agreement with activist investor Elliott
2023-07-19 08:28
Abercrombie & Fitch lifts sales forecast as fresh clothing styles draw shoppers
(Reuters) -Abercrombie & Fitch raised its forecast for annual sales on Wednesday, betting that newer styles at its Abercrombie label
2023-08-23 19:59
North Carolina Republicans approve 12-week abortion ban as sweeping restrictions spread across US South
Republican lawmakers in North Carolina voted to override the governor’s veto of a bill that outlaws abortion at 12 weeks of pregnancy, restricting abortion access in a state that has been a haven for abortion care in the year after the US Supreme Court’s decision to reverse Roe v Wade. In neighbouring South Carolina, lawmakers have continued debate before voting on a more-restrictive measure that would ban nearly all abortions after roughly six weeks of pregnancy, before many people know they are pregnant, adding to a streak of abortion restrictions across the US South. More than a dozen states, mostly in the South, have outlawed most abortions or severely restricted access within the year after the Supreme Court’s ruling in Dobbs v Jackson Women’s Health Organization, which revoked a constitutional right to abortion care that was affirmed for nearly half a century. Abortion rights restrictions in North Carolina and a six-week ban in South Carolina would dramatically change the map for abortion access in the US, where abortions are banned in most cases from Texas to West Virginia and along the Gulf Coast. “In the more than a dozen states with bans, women have been turned away from emergency rooms, left with no choice but to travel hundreds of miles for the care they need, and faced complications that put their lives and health at risk. Like those laws, the North Carolina ban will harm patients and threaten doctors for providing essential care,” White House press secretary Karine Jean-Pierre said in a statement on 17 May. She called the North Carolina measure a “dangerous bill that is out of touch with the majority of North Carolinians and will make it even more difficult for women to get the reproductive health care they need.” “We’ve already seen the devastating impacts that state abortion bans have had on the health and lives of Americans living under these draconian laws,” she added. Health workers joined protesters at the North Carolina Capitol in Raleigh on 17 May as lawmakers in the Republican-controlled state legislature convened to override a veto from Democratic Governor Roy Cooper, who has spent the last several days campaigning for GOP lawmakers to break from the party and drop the challenge to his veto. In a video posted online, the governor named four Republican lawmakers who he said made campaign promises to protect access to abortion. “They say this is a reasonable 12-week ban. It’s not,” he said in the video. “The fine print requirements and restrictions will shut down clinics and make abortion completely unavailable to many women at any time, causing desperation and death.” Much of the coverage surrounding the North Carolina legislation has centred around a now-Republican lawmaker who previously campaigned against abortion restrictions when she was a Democrat, up until April. State Rep Tricia Cotham joined the Republican Party last month after campaigning for her seat as a Democratic candidate and earning the endorsement of EMILY’s List, an influential abortion rights organisation. Her party switch delivered Republicans a veto-proof majority in the House. Ms Cotham has spent years campaigning against abortion restrictions, with powerful testimony about abortion rights and her own medically necessary abortion experience, saying in one widely shared 2015 speech that “my womb and my uterus is not up for your political grab.” In a statement following the vote, the governor said that “North Carolinians now understand that Republicans are unified in their assault on women’s reproductive freedom, and we are energized to fight back on this and other critical issues facing our state.” Lawmakers in the House and Senate voted on party lines to reverse the governor’s veto. The bill includes exceptions for pregnancies from rape or incest or if there is a “life-limiting anomaly” in the fetus. It also will require in-person physician visits at least 72 hours before a procedural abortion, and doctors must also make real-time views of fetuses available and allow patients to listen to embryonic cardiac activity. North Carolina lawmakers approved the anti-abortion law while lawmakers in Nebraska debated a measure that coupled a 10-week abortion ban with a bill targeting gender-affirming care for trans youth, a proposal that inspired a nearly three-month-long filibuster in an effort to block it. Republican lawmakers ultimately broke through the filibuster on Tuesday night and voted in favour of the combined bill, which will head to a final round of votes before it heads to the desk of Republican Governor Jim Pillen, who intends to sign it into law. Meanwhile, in Louisiana, lawmakers recently refused to add rape and incest exceptions to its anti-abortion law, one of the most restrictive in the country. State lawmakers also overwhelmingly rejected attempts to clarify medical exceptions in the law, including a measure that would specifically allow providers to remove an ectopic or molar pregnancy, which cannot result in a successful birth. Read More Nebraska Republicans approve combined gender-affirming care ban and anti-abortion bill after epic filibuster Anti-abortion laws harm patients facing dangerous and life-threatening complications, report finds
2023-05-17 23:51
Why it's getting easier to be a single mum in China
How rule changes and financial independence is helping unmarried women to keep their babies.
2023-07-30 06:56
Survive pollen season with a Blueair air purifier for up to 50% off
Are you ready to breathe easy this summer? As of May 15, several top-rated Blueair
2023-05-16 00:19
Janet Jackson moves hands over backup dancer Mariusz Kotarski's crotch at Pennsylvania concert
Janet Jackson was seen caressing a male backup dancer, while dressed in a black and white sequined shirt, black slacks, and a top bun
2023-05-20 13:50
Here are Max's 220 movies and shows available in 4K at launch
In today's capitalist society we are so ground down and exhausted by work that we
2023-05-23 12:20
You Might Like...
'Succession' writer skewers race bias in Oscar-tipped 'American Fiction'
Uber Eats Pledges to Slash Takeout Emissions and Plastic Waste
What to know about Hanukkah and how it's celebrated around the world
Don’t be a BBQ bozo – these new cookbooks will help to get the grill going
How to unblock Max for free from anywhere in the world
Unprecedented fat bear story just got even better
Think pink: Three ways with rhubarb to make the most of the season
Get a lifetime of relaxing meditations with this mindfulness app, now $70