Lando Norris back on form, Red Bull struggle and Gabriel Bortoleto's breakthrough: Austrian GP talking points


Mina Rzouki
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The Austrian Grand Prix continues to justify its reputation as one of the most thrilling stops on the Formula One calendar.

The future of the race is also secure, with the Red Bull Ring confirmed to remain on the schedule until 2041 following a newly announced contract extension.

This year, the paddock was buzzing with theories after it was revealed the track had mysteriously grown by eight metres compared to 2024 – a subtle change, but more than enough to spark curiosity.

Drama hit before the race even began, with Carlos Sainz forced to retire after the rear brakes of his Williams caught fire on the formation lap. As he jumped out of the smoking car, Fernando Alonso sat roasting on the grid, claiming his seat had reached 200 degrees during the delay.

From setbacks to sweltering conditions and a spectacular battle at the front, the Austrian Grand Prix delivered chaos and spectacle from start to finish. Here are the key takeaways from a weekend that had it all.

Norris back to his best

Unsurprisingly, McLaren emerged as the dominant force, with Lando Norris and Oscar Piastri delivering a masterclass in pace and precision. From the start of the weekend, race winner Norris looked back to his best. Helped by the upgrades the team introduced, he led every session from FP2 onwards, sealing pole with a commanding lap over half a second clear of Charles Leclerc.

After qualifying, he radioed in with a telling message: “Nice to see the old me back every now and then.”

Sunday’s race delivered a gripping duel between the McLaren pair, with Piastri consistently applying pressure to his teammate. The intensity peaked around lap 10, when Norris erred and Piastri momentarily slipped ahead, only for the Brit to reclaim the position soon after. From that moment on, the pair fought tooth and nail, pushing each other to the limit while managing to avoid any serious trouble.

“We had a great battle, that’s for sure,” Norris said. “It was a lot of fun, for me a lot of stress but a lot of fun! A nice battle, so well done to Oscar.”

With his victory in Austria, Norris cut Piastri’s lead in the drivers’ championship to just 15 points heading to Silverstone next week.

It was a commanding response to the frustration of Canada – and a clear sign that, when supported and settled, Norris can deliver under pressure. This time, there was no self-sabotage, no misstep – just a calm, confident drive backed by a team that has fully embraced him and helped rebuild his belief.

No home comforts for Red Bull

Red Bull endured a weekend to forget at their home circuit, as Max Verstappen’s race came to an abrupt end on the opening lap.

Despite struggling with grip issues, the Dutchman looked promising in practice, but his momentum stalled in qualifying when yellow flags, triggered by Pierre Gasly’s spin, cut short his final flying lap. He was forced to settle for seventh on the grid.

But Verstappen’s hopes of making progress were over just moments after lights out. Mercedes rookie Kimi Antonelli locked up and made contact with the Red Bull driver, forcing both into early retirement. The incident resulted in Verstappen’s first DNF since the 2024 Australian Grand Prix and proved costly for his title ambitions, leaving him 61 points adrift of championship leader Piastri.

“I think every driver has made a mistake like that. No one does that on purpose as well, so for me, that’s not a big deal,” a surprisingly understanding Verstappen said of Antonelli's error. The stewards have since handed the Mercedes man a three-place grid penalty for Silverstone.

It was an even worse weekend for Yuki Tsunoda, who failed to advance past Q1 and qualified a disappointing 18th on the grid. On Sunday, a careless collision with Alpine’s Franco Colapinto saw Tsunoda handed a 10-second penalty and two penalty points, capping off a difficult afternoon in which he ultimately finished at the back of the field. It marked Red Bull’s first point-less race in 77 Grands Prix and saw them drop to fourth in the constructors’ standings.

Things are looking up for Ferrari

It was a significant weekend for Ferrari, both on and off the track. With Fred Vasseur absent for the first time since taking charge in 2023 due to personal reasons, Jerome D’Ambrosio stepped in to lead the team at the Red Bull Ring.

The Scuderia arrived in Austria with momentum and a promising starting position, as Leclerc and Lewis Hamilton lined up second and fourth on the grid respectively, supported by recent upgrades – including a new floor – aimed at narrowing the gap to the front.

Leclerc lost second place to Piastri almost immediately but recovered to finish third, securing his fourth podium of the season.

Hamilton, meanwhile, equalled his best result of the season in fourth and praised the team’s direction. “For us to be the second fastest team this weekend, we're not a minute down from McLaren, which is positive. To bag some really strong points, I'm definitely happy with it,” said Hamilton.

Bortoleto's breakthrough

Gabriel Bortoleto enjoyed a breakthrough weekend in Austria, securing the first Formula One points of his career with a composed and confident P8 finish at the Red Bull Ring.

The Brazilian rookie impressed with his calm under pressure and consistent pace. The result was particularly meaningful – not only did it end a long wait for a Brazilian driver to score points in F1, but it came at a track Bortoleto described as “a special place” after qualifying. With F3 and F2 titles already to his name, his performance served as a timely reminder of the talent and promise he brings to the grid.

The weekend began with promise as Kick Sauber introduced key upgrades – including a new floor, diffuser, and rear wing – that gave Bortoleto the confidence to target points.

“We did a great job on the pit stops, we did a great job with the strategy,” he said. “I feel like we did everything that was in our hands. I just hope that we can keep this up. I think we can score more points in the season and have great results.”

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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Updated: June 30, 2025, 6:54 AM