Tag: Ferrari

Going off-grid with Martin Brundle, the face of Formula 1

On the surface, there’s little difference between how Max Verstappen is dominating the sport and how the likes of Schumacher did before him, but Brundle says one key contrast is that “Lewis [Hamilton] in a Mercedes or Michael in a Ferrari were, for any number of reasons, more popular than Max in a Red Bull”.… Continue reading Going off-grid with Martin Brundle, the face of Formula 1

McLaren plans to be first with EV supercar but needs support

“There will be no BEV supercar before McLaren does it” but much more research and development is needed before such a model is technically and commercially viable, the firm’s CEO, Michael Leiters, has said.   Speaking to Autocar on the sidelines of this year’s Society of Motor Manufacturers and Traders Summit, Leiters called for substantial investment… Continue reading McLaren plans to be first with EV supercar but needs support

FAST India releases State of Industry R&D in India for the Automobile and Components sector in collaboration with IIFL Securities

It highlights key disparities in R&D intensity, the proportion of PhD employees, patent outputs, and publication rates, offering valuable insights for policymakers and industry stakeholders. FAST (Foundation for Advancing Science and Technology) India, in collaboration with IIFL Securities, has released a detailed sectoral brief on the Automobile and Components sector. The report provides a comprehensive… Continue reading FAST India releases State of Industry R&D in India for the Automobile and Components sector in collaboration with IIFL Securities

Prewave Raises $67M in Series B Funding

Prewave, a Vienna, Austria-based provider of an AI-enabled sustainability, risk and compliance platform, raised $67M in Series B funding. The round was led by Hedosophia, with participation from existing investors Creandum, Ventech, Kompas,Speedinvest and Working Capital Fund. The company intends to use the funds to drive its next phase of global growth and to support further product R&D on… Continue reading Prewave Raises $67M in Series B Funding

RECOMMENDED ALL-SHARE COMBINATION OF DS SMITH PLC WITH INTERNATIONAL PAPER COMPANY OFFER UPDATE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION MEMPHIS, Tenn., June 25, 2024 /PRNewswire/ — The boards of International Paper Company (“International Paper”) and DS Smith Plc (“DS Smith”) are pleased to announce the… Continue reading RECOMMENDED ALL-SHARE COMBINATION OF DS SMITH PLC WITH INTERNATIONAL PAPER COMPANY OFFER UPDATE

Ferrari CEO says all-electric model preserves the ’emotion’ of the famed supercars

watch now Ferrari’s all-electric model won’t be launched for over a year, but early tests indicate it has all the driving traits and emotion of a true Ferrari, according to Ferrari CEO Benedetto Vigna. “The final judge will be the client,” Vigna told CNBC during the opening of the company’s new E-Building in Maranello, Italy.… Continue reading Ferrari CEO says all-electric model preserves the ’emotion’ of the famed supercars

@Ferrari: Ferrari N.V.: Periodic Report on the Buyback Program000381

Maranello (Italy), June 24, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading @Ferrari: Ferrari N.V.: Periodic Report on the Buyback Program000381

Ferrari N.V.: Periodic Report on the Buyback Program

Maranello (Italy), June 24, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading Ferrari N.V.: Periodic Report on the Buyback Program

German FAZ: “I should have won”007159

Max Verstappen visibly breathed a sigh of relief. “It was very close, we had to choose an aggressive strategy,” said the Dutchman after his seventh victory in the tenth Formula 1 race of the season, wiping the sweat from his forehead. Triumphs now require hard work for the world champion. In the Red Bull he… Continue reading German FAZ: “I should have won”007159