F1

MDK MOTORSPORTS ANNOUNCES ITS SUPPORT OF THE PROFESSIONAL ATHLETES BRAIN HEALTH STUDY

Retrieved on: 
Thursday, February 29, 2024

PATASKALA, Ohio, Feb. 29, 2024 /PRNewswire/ -- MDK Motorsports has launched a commitment to support research of the long-term effects of repetitive head impacts (RHI) in active and retired professional athletes through Cleveland Clinic Lou Ruvo Center for Brain Health's Professional Athletes Brain Health Study (PABHS).

Key Points: 
  • MDK Motorsports' support, both financially and with the referral of its athletes to participate in the study, marks an expansion of the program to include professional motorsports drivers and riders, signaling an important initiative for the burgeoning sport.
  • Notably, the United States Auto Club (USAC) and Porsche Motorsport North America have also announced their support for the PABHS, underscoring the motorsports industry's commitment to brain health.
  • The insights gained from motorsports have the potential to enhance long-term brain safety for professional drivers and athletes in other sports as well."
  • As a result, we are proud to support the work of the Professional Athletes Brain Health Study to further advance the cause."

Oracle Red Bull Racing, Ansys Go the Distance with Renewed Partnership

Retrieved on: 
Thursday, February 29, 2024

PITTSBURGH, Feb. 29, 2024 /PRNewswire/ -- Oracle Red Bull Racing renewed its partnership with Ansys (NASDAQ: ANSS) for three years to remain the most competitive Formula 1 (F1) team in the world. Oracle Red Bull Racing will continue harnessing the power of Ansys technology to improve aerodynamics, manage material data, and ensure structural safety of its cars in the 2024 season and beyond.

Key Points: 
  • Ansys simulation solutions helped Oracle Red Bull Racing driver Max Verstappen make history in 2023, winning 21 out of 23 races and leading 1003 laps.
  • He secured the Drivers' and Constructors' Championships with a massive 413-point margin, leading Oracle Red Bull Racing's team to the most dominant season yet.
  • Oracle Red Bull Racing faced new challenges as it prepared for the 2024 season due to spending caps and wind tunnel testing time limits.
  • "Ansys simulation software helped Oracle Red Bull Racing quickly adapt to the new F1 design guidelines last year and positioned us to maintain our technical leadership in a dramatically altered engineering landscape," said Craig Skinner, chief designer, at Oracle Red Bull Racing.

NOW AVAILABLE: THE GAMECHANGING ORACLE RED BULL RACING RBS#01 ELECTRIC SCOOTER

Retrieved on: 
Tuesday, February 27, 2024

LONG BEACH, Calif., Feb. 27, 2024 /PRNewswire/ -- After two years of meticulous design and development, the game changing Oracle Red Bull Racing RBS#01 electric scooter is now available and ready to ship — the team's first venture into the consumer product sector.

Key Points: 
  • LONG BEACH, Calif., Feb. 27, 2024 /PRNewswire/ -- After two years of meticulous design and development, the game changing Oracle Red Bull Racing RBS#01 electric scooter is now available and ready to ship — the team's first venture into the consumer product sector.
  • "The RBS#01 marks the launch of Oracle Red Bull Racing's first consumer product," said Rob Gray, Technical Director of Red Bull Advanced Technologies.
  • Designed over the course of 2,500 engineering hours, the RBS#01 is the ultimate electric scooter.
  • To prove the design concept, Oracle Red Bull Racing subjected the scooter to a series of Finite Element Analysis (FEA) tests to ensure it would stand up to extreme use.

Formula 1 news: Otmar Szafnauer launches EventR

Retrieved on: 
Tuesday, February 20, 2024

OXFORD, England, Feb. 20, 2024 /PRNewswire/ -- As the visionary behind EventR, Otmar Szanfauer unveils the ground-breaking digital itineraries ecosystem, and its pivotal role in reshaping team travel dynamics across various industries. Developed by Soft Pauer, the creative force behind innovative digital solutions in Formula 1, EventR promises to revolutionise how teams navigate the complexities of group travel.

Key Points: 
  • Developed by Soft Pauer, the creative force behind innovative digital solutions in Formula 1, EventR promises to revolutionise how teams navigate the complexities of group travel.
  • "I am thrilled to introduce EventR to the world," says Otmar Szanfauer, Chairman of Soft Pauer.
  • After successful deployments in motorsport, I am excited to see how EventR will revolutionise how everyone plans and coordinates their events.
  • EventR Team App is available for download on iOS and Android now from the app store.

Formula 1 news: Otmar Szafnauer launches EventR

Retrieved on: 
Tuesday, February 20, 2024

OXFORD, England, Feb. 20, 2024 /PRNewswire/ -- As the visionary behind EventR, Otmar Szanfauer unveils the ground-breaking digital itineraries ecosystem, and its pivotal role in reshaping team travel dynamics across various industries. Developed by Soft Pauer, the creative force behind innovative digital solutions in Formula 1, EventR promises to revolutionise how teams navigate the complexities of group travel.

Key Points: 
  • Developed by Soft Pauer, the creative force behind innovative digital solutions in Formula 1, EventR promises to revolutionise how teams navigate the complexities of group travel.
  • "I am thrilled to introduce EventR to the world," says Otmar Szanfauer, Chairman of Soft Pauer.
  • After successful deployments in motorsport, I am excited to see how EventR will revolutionise how everyone plans and coordinates their events.
  • EventR Team App is available for download on iOS and Android now from the app store.

Revving up tourism: Formula One and other big events look set to drive growth in the hospitality industry

Retrieved on: 
Wednesday, February 14, 2024

In late 2023, I embarked on my first Formula One race experience, attending the first-ever Las Vegas Grand Prix.

Key Points: 
  • In late 2023, I embarked on my first Formula One race experience, attending the first-ever Las Vegas Grand Prix.
  • And what better place to learn how to do that than in the stands of the Las Vegas Grand Prix?

The future of tourism is in events and experiences

  • Tourism is fun, but it’s also big business: In the U.S. alone, it’s a US$2.6 trillion industry employing 15 million people.
  • And with travelers increasingly planning their trips around events rather than places, both industry leaders and academics are paying attention.
  • In 2023, Lollapalooza generated an estimated $422 million for the local economy and drew record-breaking crowds to the city’s hotels.

Why Formula One?

  • Formula One offers a prime example of the economic importance of event tourism.
  • In 2022, Formula One generated about $2.6 billion in total revenues, according to the latest full-year data from its parent company.
  • A record 5.7 million fans attended Formula One races in 2022, up 36% from 2019.
  • That’s why I think of Formula One as more than just a pastime: It’s emblematic of a major shift in the tourism industry that offers substantial job opportunities.
  • And it takes more than drivers and pit crews to make Formula One run – it takes a diverse range of professionals in fields such as event management, marketing, engineering and beyond.

How hospitality and business programs should prepare students

  • To align with the evolving landscape of mega-events like Formula One races, hospitality schools should, I believe, integrate specialized training in event management, luxury hospitality and international business.
  • So, programs may consider incorporating courses in sustainable event management, eco-friendly hospitality practices and innovations in sustainable event and tourism.
  • Beyond hospitality and business, other disciplines such as material sciences, engineering and data analytics can also integrate F1 into their curricula.

Racing into the future: Formula One today and tomorrow

  • These decisions, along with the continued growth of the sport’s fan base and sponsorship deals, underscore F1’s economic significance and future potential.
  • Looking ahead in 2024, Formula One seems ripe for further expansion.
  • We already know that was effective marketing – after all, it inspired me to check out the Las Vegas Grand Prix.


Rachel J.C. Fu does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Bringing AI up to speed – autonomous auto racing promises safer driverless cars on the road

Retrieved on: 
Wednesday, February 14, 2024

Enter autonomous racing, a field that’s not just about high-speed competition but also pushing the boundaries of what autonomous vehicles can achieve and improving their safety.

Key Points: 
  • Enter autonomous racing, a field that’s not just about high-speed competition but also pushing the boundaries of what autonomous vehicles can achieve and improving their safety.
  • Similarly, autonomous racing is the modern arena to prove the reliability of autonomous vehicle technology as driverless cars begin to hit the streets.
  • I am a computer science professor who studies artificial intelligence, robotics and autonomous vehicles, and I lead the Cavalier Autonomous Racing team at the University of Virginia.
  • The team competes in the Indy Autonomous Challenge, a global contest where universities pit fully autonomous Indy race cars against each other.

Pint-size beginnings

  • The field of autonomous racing didn’t begin with race cars on professional race tracks but with miniature cars at robotics conferences.
  • In 2015, my colleagues and I engineered a 1/10 scale autonomous race car.
  • F1tenth has also emerged as an engaging and accessible gateway for students to delve into robotics research.

Getting real

  • The cars are built on a modified version of the Indy NXT chassis and are outfitted with sensors and controllers to allow autonomous driving.
  • Indy NXT race cars are used in professional racing and are slightly smaller versions of the Indy cars made famous by the Indianapolis 500.
  • The gritty reality of racing these advanced machines on real racetracks pushes the boundaries of what autonomous vehicles can do.
  • My team has shared the world’s first open dataset for autonomous racing, inviting researchers everywhere to join in refining the algorithms that could help define the future of autonomous vehicles.

Crucible for autonomous vehicles

  • More than just a technological showcase, autonomous racing is a critical research frontier.
  • Autonomous racing is a testbed where competition spurs innovation, collaboration fosters growth, and AI-controlled cars racing to the finish line chart a course toward safer autonomous vehicles.


My research has been funded by National Science Foundation, Commonwealth Cyber Initiative, U.S. Department of Transportation, and Leidos for the period 2018 to 2024. I am also a senior member of Institute of Electrical and Electronics Engineers (IEEE), and an Academic Advisory Council member for the Partners for Automated Vehicle Education (PAVE).

Organigram Reports First Quarter Fiscal 2024 Results

Retrieved on: 
Tuesday, February 13, 2024

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced its results for the first quarter ended December 31, 2023 (“Q1 Fiscal 2024”).

Key Points: 
  • Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced its results for the first quarter ended December 31, 2023 (“Q1 Fiscal 2024”).
  • View the full release here: https://www.businesswire.com/news/home/20240213404480/en/
    “We certainly kicked off fiscal 2024 with a bang", said Beena Goldenberg, Chief Executive Officer.
  • Q1 Fiscal 2024 saw the introduction of 22 new SKUs to the market for Organigram.
  • In December 2023, we had a record breaking month in shipped recreational sales, stemming from consistent market share gains throughout Q1 Fiscal 2024."

McLaren Racing announces Optimum Nutrition as Official Sports Nutrition Partner of McLaren Formula 1 Team

Retrieved on: 
Monday, February 12, 2024

LONDON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- McLaren Racing today announced Optimum Nutrition, the world’s number one sports nutrition brand, as Official Sports Nutrition Partner of the McLaren Formula 1 Team for the 2024 season and beyond.

Key Points: 
  • LONDON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- McLaren Racing today announced Optimum Nutrition, the world’s number one sports nutrition brand, as Official Sports Nutrition Partner of the McLaren Formula 1 Team for the 2024 season and beyond.
  • Optimum Nutrition will support the team’s performance, health and wellbeing with science-led sports nutrition products driven by innovation, ensuring the team can unlock its potential throughout the 2024 season.
  • Optimum Nutrition branding will feature on the pit crew overalls and set-up kit, and the driver overalls of McLaren Formula 1 Drivers Lando Norris and Oscar Piastri.
  • Both McLaren and Optimum Nutrition are dedicated to peak human performance and excellence so we are thrilled to be working together during the forthcoming F1 season.”

Wallbridge Demonstrates Potential to Expand Gold Resources and Commences 2024 Drill Program at Fenelon

Retrieved on: 
Wednesday, February 7, 2024

TORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) today announced final results from the 2023 drill program that add near-surface mineralization adjacent to the Fenelon mineral resource and expand the mineralized area to the north and east at its 100%-owned Fenelon Gold project (“Fenelon”).

Key Points: 
  • TORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) today announced final results from the 2023 drill program that add near-surface mineralization adjacent to the Fenelon mineral resource and expand the mineralized area to the north and east at its 100%-owned Fenelon Gold project (“Fenelon”).
  • The 2024 drill program has commenced at Fenelon with the objective to expand the limits of near-surface gold resources in the vicinity of the 2023 Preliminary Economic Assessment (“PEA”) mine design, offering the potential to improve the project’s overall economics.
  • In both zones, positive drilling results, presented below, successfully expanded zones of known gold mineralization, further supporting the potential to increase gold resources.
  • At Target F5, east of the Fenelon deposit, the drill holes continued to test favorable host rocks and gold-bearing structures encountered by previous drill programs.