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New British F1 team bid confirmed for 2026 season after major investment
New British F1 team bid confirmed for 2026 season after major investment
British racing team Hitech Grand Prix have confirmed their bid to join the F1 grid for the 2026 season after announcing a major new investment deal. Hitech GP, who currently race in F2, F3 and F4, were reported to be one of a number of prospective new entries into Formula 1, alongside the likes of Andretti-Cadillac and Panthera Team Asia. Now, after announcing new investment with its parent company Hitech Global Holdings Limited selling a 25 per cent stake to Kazakh businessman Vladimir Kim, Hitech confirmed they have lodged a bid to the FIA to secure a spot in three years’ time. Hitech, based at Silverstone, stated in a press release that its F1 project was a “move that would complete its single-seater ladder and demonstrate that Hitech has all the right people, experience and resources to compete alongside the best teams in the world.” Kim, whose companies have previously sponsored Kazakh athletes such as champion boxer Gennadiy Golovkin, holds his main interests in the mining, banking and aviation sectors – with Hitech his first involvement in motorsport. “Motorsport has been a long-standing personal interest for me, and I am delighted to be entering into a partnership with an organisation that has enjoyed success in so many categories and has such ambitions for its future,” he said. “We have an established involvement with sport; however, this is our first global investment in motorsport. “Its dynamic appeal, growing exposure, business-to-business marketing opportunities and burgeoning fan base are aligned with my ambitions personally and commercially.” Hitech CEO Oliver Oakes added: “I am delighted to welcome Vladimir Kim to the Hitech group. “During our discussions we found many natural synergies and I know that his support will be invaluable as we seek to build on Hitech’s success and work towards achieving its broader ambitions over the years to come.” Audi are already confirmed to be joining the grid in 2026, taking over from the Sauber works team currently branded as Alfa Romeo, and announced their first test driver last week. Read More Audi name first driver to join F1 team ahead of 2026 season entry Inspired by Schumacher, meet the Hong Kong billionaire targeting a new Formula 1 team Why have Wrexham owners Ryan Reynolds and Rob McElhenney invested in an F1 team? Ryan Reynolds and Rob McElhenney to invest in F1 team ‘There will be crashes’: George Russell sends stark warning to F1 bosses
2023-06-26 20:21
Norman Reedus wanders France in 'The Walking Dead' Daryl spinoff clip
Norman Reedus wanders France in 'The Walking Dead' Daryl spinoff clip
Daryl Dixon (Norman Reedus) is a long way from the Commonwealth in his upcoming spinoff
2023-06-26 18:49
Ryan Reynolds and Rob McElhenney to invest in F1 team
Ryan Reynolds and Rob McElhenney to invest in F1 team
Wrexham owners and Hollywood actors Ryan Reynolds and Rob McElhenney are part of an investor group that has bought a 24 per cent in F1 team Alpine. Renault, the Formula One team’s parent company, confirmed that Reynolds and McElhenney had joined RedBird Capital Partners, the US investment firm who own Italian football club AC Milan and also have stakes in Liverpool owners Fenway Sports Group, in the deal. The 24 per cent equity purchase of £171m values Alpine at around £706m and the team said they will hope to compete for the F1 championship following the increased investment. Alpine, who are based in Britain and were born after Renault rebranded its F1 outfit two years ago, finished fourth in the constructors championship behind Red Bull, Ferrari and Mercedes last season. Reynolds and McElhenney made their first steps into sports ownership when they announced a shock takeover of non-league side Wrexham in 2020. Under their ownership and alongside the popular documentary show Welcome to Wrexham, the Welsh side returned to the Football League with promotion last season following a memorable campaign. Hollywood actor and Creed star Michael B Jordan, who has a minority stake in Premier League team Bournemouth, and US-based Otro Capital are also among the new group of investors in Alpine, the team confirmed. Alpine chief executive Laurent Rossi said: "This association is an important step to enhance our performance at all levels." Read More Ryan Reynolds and Rob McElhenney insist they will not get bored at Wrexham Why Wrexham? How Ryan Reynolds and Rob McElhenney came to buy a club they’d never heard of
2023-06-26 15:16
Hailey Bieber's 'masculine' look in backless gown sparks hilarious comparisons to Justin Bieber: 'JB's twin brother'
Hailey Bieber's 'masculine' look in backless gown sparks hilarious comparisons to Justin Bieber: 'JB's twin brother'
Hailey Bieber posed in a body-hugging dress that showed off her slim figure
2023-06-26 12:57
What to stream this week: 'The Bachelorette,' Idris Elba, The Weeknd, Sarah Snook and 'Jack Ryan'
What to stream this week: 'The Bachelorette,' Idris Elba, The Weeknd, Sarah Snook and 'Jack Ryan'
This week’s new entertainment releases include a new album from Lucinda Williams, the kickoff of the 20th season of the reality dating show “The Bachelorette” starring a 27-year-old therapist from Georgia who was featured on the last season of “The Bachelor,” and Idris Elba is stuck on the worst flight ever in the new series “Hijack” for Apple TV+
2023-06-26 12:28
'More than words': the Japanese men joining Ukraine's fight
'More than words': the Japanese men joining Ukraine's fight
Yuya Motomura, a mahjong parlour manager in Japan, had always wanted a way to prove himself to a society he felt looked down on...
2023-06-26 11:27
Lisa Rinna trolled for looking super skinny in tiny $150 bikini from Khloe Kardashian's clothing line Good American
Lisa Rinna trolled for looking super skinny in tiny $150 bikini from Khloe Kardashian's clothing line Good American
Lisa Rinna donned a metallic gold bikini while posing at her Beverly Hills home
2023-06-26 08:51
LGBTQ+ Pride Month reaches its grand crescendo on city streets from New York to San Francisco
LGBTQ+ Pride Month reaches its grand crescendo on city streets from New York to San Francisco
LGBTQ+ revelers and allies are partying coast to coast for the grand crescendo of Pride Month
2023-06-26 08:27
'The Bear' Season 2 serves up casting surprises and more chaos
'The Bear' Season 2 serves up casting surprises and more chaos
The second season of FX's restaurant-set series "The Bear" returned last week and served viewers ten episodes of "thoughtful chaos," with an impressive lineup of guest stars.
2023-06-26 04:22
LGBTQ+ Pride revelers flash feathers and flags in the streets from New York to San Francisco
LGBTQ+ Pride revelers flash feathers and flags in the streets from New York to San Francisco
LGBTQ+ revelers and allies are partying coast to coast for the premiere weekend of Pride Month
2023-06-26 01:52
Mark Rylance says he initially took a ‘distilled garlic solution’ instead of Covid vaccine
Mark Rylance says he initially took a ‘distilled garlic solution’ instead of Covid vaccine
Mark Rylance has revealed “alarm bells” rang for him when the British population was encouraged to get the Covid vaccine in 2021. In a new interview, Rylance, 63, said he wasn’t convinced he needed the vaccine, adding that “science started to sound like religion” during the pandemic. Speaking to The Sunday Times, the Dunkirk star explained he relied on taking a “very distilled garlic solution”, along with vitamin C. “And I sailed through Jerusalem,” he said. Rylance reprised one of his most well-known roles, as Johnny “Rooster” Byron, in last year’s revival of the 2009 Jez Butterworth play Jerusalem. He told the publication he finally took the Covid vaccine when he travelled to visit his father in the US. Rylance’s comments were made in the context of his forthcoming play Dr Semmelweis, based on the life of maverick Hungarian doctor Ignaz Semmelweis. The British actor reportedly wrote Dr Semmelweis with playwright Stephen Brown before the pandemic began. Rylance said he was researching alternative cancer treatments at the time, adding that he’s sceptical about the effects of chemotherapy. He recalled how a friend allegedly “broke up the cells of a tumour” by using the vibrations from a Tibetan sound bowl. Rylance added: “The body knows how to heal itself. “We don’t need to go in and bombard it with poison. It’s like bombing a city to try and get rid of a little sect of terrorists. You may wipe them all out, but you’re going to breed 25 or 30 [more].” Earlier this month, Rylance revealed that his brother, Jonathan Waters, had died in a cycling accident, aged 60. “I am so sorry to tell you that on the 28 May, my dear brother Jonathan Waters was knocked from his bicycle and tragically died of his injuries,” the statement read. Rylance, who was very close to Waters, said the loss made him question the point of life. “It just makes everything that follows a little bleak. But also that hollowness can be a positive thing, a kind of grail or cup or vessel,” he continued. Rylance also said he believes in life after death, adding: “I think you really can have a very healthy conversation with a soul who has passed over.” The actor said he has spoken to his late grandmother and step-daughter Nataasha van Kampen, using a medium. He admitted that while his views may not be conventional or mainstream, but “don’t cause any harm”. Dr Semmelweis opens at the West End this Thursday 27 June. Read More Billy Nomates asks BBC to take down Glastonbury footage after wave of ‘personal abuse’ Guns N’ Roses review, Glastonbury 2023: Frontrunners for the worst Glasto headline set of all time Wes Anderson took a cast of stars to the Spanish desert and made his best film in years Too cool to love these acts 10 years ago? This year’s Glastonbury is for you Yellowstone creator Taylor Sheridan breaks silence on Kevin Costner’s dramatic exit
2023-06-25 21:58
Joe Rogan: Meet controversial podcaster's parents Susan Lembo and Joseph Rogan Sr
Joe Rogan: Meet controversial podcaster's parents Susan Lembo and Joseph Rogan Sr
Joe Rogan's parents split up when he was little and the podcaster has often alleged that Rogan Sr abused him as a child
2023-06-25 21:28
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