Bahrain: eight new corners, one extra kilometre, same overbearing heat



For each Formula One race this season, Matt Majendie will talk with an F1 driver for an inside view on the track. This weekend, Torro Rosso's Sebastien Buemi takes us around the Sakhir circuit in Bahrain for the 2010 season opener. I might be a Swiss driver but the Bahrain Grand Prix is my home race on the calendar. [Buemi recently lived in Bahrain for two years.] While I don't live there anymore, I know it very well and a lot of my family live out there.

I didn't get to spend a lot of time in Bahrain when I lived there - your home when you're in F1 is sadly not a place you get to spend a lot of time, with all the races we have to do. I've driven an F1 car around Sakhir for just one race weekend, 12 months ago, but the layout we had last year is different as the track owners have changed it to make it longer - by nearly a kilometre - and more attractive.

The change is at turn five. It already existed last season although wasn't used but now they've added that section in now. I can't talk about that new section specifically as none of us have driven it, but I like the way it looks before heading there and hopefully it means more overtaking. Bahrain as a whole is a very smooth circuit. It's all asphalt so it's smooth even when you come off the track with the long runoff areas. In some ways, it means if you make a mistake it's much more forgiving than other races and you won't smash up the car straight away, but it's still not advised when you're going at high speeds.

It's a circuit that has some good opportunities to overtake and there are a lot of high-speed corners, so it's important to have really good grip. There is a really long main straight at Sakhir where you reach speeds of up to 330kph before being met by a tight corner to the right at the end. The g-force here is strong as you go suddenly from sixth gear very abruptly down to first. As you come out of that corner, you get flat-out quite quickly through a left-hand bend and another long straight. That takes us to turn four and the new part of the circuit.

I don't know a lot about it but it supposedly takes us more into the desert - so I don't know if sand will be a problem which it often is at the Sakhir circuit - and a right-hander followed by five looping bends in quick succession, a left-hand kink and another hairpin before returning to the original track lay-out. In all, the changes I think add eight new corners to the circuit. Once back on the original track, there comes a brief straight before a zig-zag of corners going right and then left.

By the time you come out, you can move up to maybe fourth or fifth gear, but not quite top speed before the latest hairpin of the lap brings you right back down to a low speed. From the hairpin there lies another straight followed by another left-hand corner, which paves the way for another long straight on which you go up to 310 before a left-hand corner. You can take much of your momentum into the corner, although you at least half your speed and come out in fifth before one of the hardest corners - a right-hander - of your entire lap. That low-speed corner takes you on to a straight before you brake down for one final corner before the home straight on which you hit your top speed of the whole lap.

As a driver, one of the things you need to be most aware of at Sakhir is your braking. You have to be precise otherwise you can either lose the rear very easily and/or lose valuable time on a given lap. Some drivers complain that you can't quite get the same rhythm as you might at other circuits with the long straights and often just as long corners, but I don't find that a problem. It's quite slippery but that's not a problem once you get used to it.

Perhaps the biggest issue is the heat. Spectators there will know how hot it gets at Bahrain but, once in the car, it's like an oven. It's tough, very, very tough. motoring@thenational.ae

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City's slump

L - Juventus, 2-0
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Newcastle United 1

Perez 23'

Wolverhampton Rovers 2

Jota 17', Doherty 90' 4

Red cards: Yedlin 57'

Man of the Match: Diogo Jota (Wolves)

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Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

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Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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The specs

Engine: 2.9-litre, V6 twin-turbo

Transmission: seven-speed PDK dual clutch automatic

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