The Formula One circuit heads to Abu Dhabi this week for the final race of the 2024 season.
And while the championship may have already been decided, there could be some simmering tension on the track following an action-packed Qatar Grand Prix.
World champion Max Verstappen took the chequered flag at the Lusail Circuit, but it was the Red Bull driver's foul-mouthed rant at George Russell after the race that could give events in Abu Dhabi some added spice this weekend.
Verstappen has said he has "lost all respect" for rival Russell, accusing the Mercedes driver of being two-faced after the pair were involved in a public spat ahead of Sunday’s Qatar Grand Prix.
Red Bull's four-time world champion was stripped of pole position in the early hours of Sunday morning after the stewards said he impeded Russell as both men geared up for their hot laps in the final phase of Saturday's qualifying.
Verstappen claimed he had been "trying to be nice" in slowing down on his lap in qualifying and did nothing deliberate to upset Russell.
The sanction elevated Russell to pole position, though the British driver would eventually finish down in fourth place with Verstappen taking the victory.
According to reports, Russell attempted to make peace with Verstappen – offering the Dutchman a fist bump – ahead of the drivers’ parade which takes place 90 minutes before the race.
However, the Dutchman deliberately ignored Russell’s gesture before staring the Mercedes man down in full view of the other drivers.
Verstappen then beat Russell into the opening bend to take control of the race before leading every lap to claim his first win in the dry in nearly six months, and eight days after he wrapped up his fourth successive championship in Las Vegas.
Far from being satisfied with the win though, Verstappen took aim at Russell following the conclusion of the race.
Verstappen said: “You know what it is? He [Russell] always acts very nice here in front of the cameras, but when you are in there [in the stewards’ room] he is just a completely different person. I can’t stand that ...
“It was honestly very disappointing, because I think all of us here, we respect each other a lot. I’ve been in that meeting room many times in my life and in my career with people that I’ve raced. And I’ve never seen someone trying to screw someone over that hard. For me, I lost all respect.
“I just thought it was ridiculous how he tried to force a penalty on me ...
As Verstappen drove back to the pits, Verstappen’s race engineer, Gianpiero Lambiase, said: “Karma is a beautiful thing, mate. You definitely did not drive unnecessarily slowly today.”
Verstappen and Russell clashed in Azerbaijan last year, with the Red Bull driver labelling Russell a “princess”.
Reflecting on his grid penalty, Verstappen continued: “I couldn’t believe that I got it. But in a way I was also not surprised anymore in the world that I live in. I’m not happy with it, but at one point or another you have to just turn the page.
“It wasn’t very enjoyable to see that happen because I think that’s the first time that in a slow lap someone has been penalised.
“Actually, I just tried to be nice, so maybe I shouldn’t be nice. I didn’t want to screw anyone over to prepare their lap. And by doing that, being nice, basically you get a penalty.
“And that’s what I tried to explain as well, but I just felt like I was talking to a brick wall, so there’s not much that was possible for whatever reason.”
Russell is currently sixth in the drivers' standings.
The Etihad Airways Abu Dhabi Grand Prix takes place at Yas Marina Circuit this weekend, beginning with Friday's practice, Saturday's qualifying and Sunday's race.
And while the drivers' championship is already decided, McLaren and Ferrari took their constructors' title duel down to this weekend's last race of the season in Abu Dhabi.
Ferrari's Charles Leclerc finished runner-up in Qatar, 6.031 seconds behind Verstappen, after McLaren's Lando Norris was handed a surprisingly tough 10 second stop/go penalty for speeding during yellow warning flags.
That dropped the Briton from second, a position seized at the start, and challenging for the lead to 10th at the chequered flag with the consolation of fastest lap for a bonus point to double his meagre score.
Saturday sprint winner Oscar Piastri finished third for McLaren in a race punctuated by crashes and three safety car periods.
McLaren's lead was trimmed to 21 points with 44 remaining to be won, and a first constructors' title since 1998 beckoning, while reigning champions Red Bull were mathematically out of contention.
It
Director: Andres Muschietti
Starring: Bill Skarsgard, Jaeden Lieberher, Sophia Lillis, Chosen Jacobs, Jeremy Ray Taylor
Three stars
Crazy Rich Asians
Director: Jon M Chu
Starring: Constance Wu, Henry Golding, Michelle Yeon, Gemma Chan
Four stars
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.”
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
MISSION: IMPOSSIBLE – FINAL RECKONING
Director: Christopher McQuarrie
Starring: Tom Cruise, Hayley Atwell, Simon Pegg
Rating: 4/5
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%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20synchronous%20electric%20motors%20%20%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E646hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E830Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ETwo-speed%20auto%20(rear%20axle)%3B%20single-speed%20auto%20(front)%20%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh552%2C311%3B%20Dh660%2C408%20(as%20tested)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
Squad
Ali Kasheif, Salim Rashid, Khalifa Al Hammadi, Khalfan Mubarak, Ali Mabkhout, Omar Abdulrahman, Mohammed Al Attas, Abdullah Ramadan, Zayed Al Ameri (Al Jazira), Mohammed Al Shamsi, Hamdan Al Kamali, Mohammed Barghash, Khalil Al Hammadi (Al Wahda), Khalid Essa, Mohammed Shaker, Ahmed Barman, Bandar Al Ahbabi (Al Ain), Al Hassan Saleh, Majid Suroor (Sharjah) Walid Abbas, Ahmed Khalil (Shabab Al Ahli), Tariq Ahmed, Jasim Yaqoub (Al Nasr), Ali Saleh, Ali Salmeen (Al Wasl), Hassan Al Muharami (Baniyas)
Manikarnika: The Queen of Jhansi
Director: Kangana Ranaut, Krish Jagarlamudi
Producer: Zee Studios, Kamal Jain
Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni
Rating: 2.5/5
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
if you go
The flights
Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.
The hotel
Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.
The tour
Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg
Emergency phone numbers in the UAE
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
