Archive for the Category ‘Business’

F1: Liberty Media Corporation acquires Formula One: Carey appointed Chairman, Ecclestone remains CEO

F1: Liberty Media Corporation acquires Formula One: Carey appointed Chairman, Ecclestone remains CEO

Sep 9th 2016, Englewood, Colorado –  Liberty Media Corporation (“Liberty Media”) and CVC Capital Partners (“CVC”) announced today that Liberty Media has agreed to acquire Formula One, the iconic global motorsports business, from a consortium of sellers led by CVC. Liberty Media owns interests in a broad range of media, communications and entertainment businesses. Those interests […]

QMMF: FIA Vice President Al Attiyah congratulates new QMMF President and board members

QMMF: FIA Vice President Al Attiyah congratulates new QMMF President and board members

Mon, Feb 22nd 2016 – Mr. Nasser Al Attiyah, FIM deputy president & FIA vice president congratulated the new QMMF President and board members on their new positions and wished them all the best of luck in the coming events, expressing meanwhile his trust and confidence in them, to serve their country in a perfect way. Throughout […]

UAE: Zarooq Motors unveil details on the new V6 SandRacer to be built in UAE

UAE: Zarooq Motors unveil details on the new V6 SandRacer to be built in UAE

Dubai, Nov 25th 2015 – In its first Press conference held in the Sofitel the Palm, Zarooq Motors gathered its entire development team in Dubai a few days before the Abu Dhabi Grand Prix. “The timing and the location allowed us to have everyone around the table, including Campos Racing team (Adrian Campos and Rio Haryanto)” noted […]

News: Bahrain’s Mrk1 Consulting joins up with Baku Grand Prix in Azerbaijan

News: Bahrain’s Mrk1 Consulting joins up with Baku Grand Prix in Azerbaijan

Bahrain, Aug 13th 2015 – Bahrain based Mrk1 Consulting is delighted to announce that it has signed an operational consultancy agreement with the promoter of the Baku Grand Prix (BGP). “Mrk1 Consulting has an enviable reputation for operating the newest and best tracks in the world to the highest standards. We are thrilled to be working with Mrk1 Consulting […]

MotoGP: Bridgestone to withdraw from MotoGP after the 2015 season

MotoGP: Bridgestone to withdraw from MotoGP after the 2015 season

May 1, 2014-Bridgestone, the Official Tyre Supplier to MotoGP™ since 2009, has agreed a one-year extension to its current tyre supply contract with series promoters Dorna to supply tyres for the 2015 season, after which the Japanese tyre manufacturer will withdraw from the role of Official Tyre Supplier. Bridgestone entered the MotoGP™ World Championship at […]

24H: Hankook replaces Dunlop as title sponsor and exclusive tyre partner for 24H SERIES

24H: Hankook replaces Dunlop as title sponsor and exclusive tyre partner for 24H SERIES

Gennep, 10 April, 2014 – Following the announced closure of Dunlop’s motorsport production facility in Birmingham, Korean tyre manufacturer Hankook will be replacing Dunlop as the title sponsor and the exclusive tyre partner of the 24H SERIES, a range of endurance race events for GTs, touring cars and 24H Specials. Hence, the series will officially […]

Bahrain: Bell Racing Helmets to relocate its global operations to new Sakhir facility

Bahrain: Bell Racing Helmets to relocate its global operations to new Sakhir facility

6 April 2014-The Bahrain International Circuit today announced that Bell Racing Helmets will relocate its global research and development and manufacturing operations to the Sakhir circuit complex. A new high-tech facility will be built within the BIC’s existing grounds, as part of a wider new development plan which aims to attract major motorsport related businesses […]

Abu Dhabi: Yas Marina Circuit appoints Al Tareq Al Ameri as new CEO

Abu Dhabi: Yas Marina Circuit appoints Al Tareq Al Ameri as new CEO

Abu Dhabi, Yas Marina Circuit, Apr 2nd 2014) – The Board of Abu Dhabi Motorsport Management has announced that Mr Al Tareq Al Ameri has been officially appointed Chief Executive Officer of Yas Marina Circuit in Abu Dhabi. The UAE National previously ran the commercial division at the Circuit and will now take forward the […]

Ducati motorcycles roll into Abu Dhabi

Ducati motorcycles roll into Abu Dhabi

Ducati aficionados in the UAE had reason to feel smug today with the opening of the new Ducati Store in the capital – Abu Dhabi. After the successful store opening in Dubai of this iconic brand, it was only a matter of time before the popular Italian brand was taken to the capital and launched […]

New restructuring of Arab Motorcycle Federation leads regional FIM event compliance

New restructuring of Arab Motorcycle Federation leads regional FIM event compliance

Dubai, UAE, 8 August, 2012: Mohammed Ben Sulayem said today that the restructuring of the Arab Motorcycle Federation (AMF), a process driven by the Union of Arab National Olympic Committees (UANOC), can take competitive bike racing in the region to a new level. Sulayem, President of the Automobile and Touring Club of the UAE, believes […]

 

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