One of golf’s oldest truisms is often uttered whenever a player earns dividends he might not have deserved.
Sometimes it is better to be lucky than good. In reality, it is far better to be both.
The Honda Classic defines the latter. After decades as the weakest link of the month-long Florida swing on the PGA Tour, the tournament has morphed into one of the cannot-miss events of the season.
Played at a series of forgettable venues across South Florida over the years, the tournament has found a home at PGA National, a serviceable resort track that was redesigned by long-time Palm Beach resident Jack Nicklaus, who also serves as the de facto host this week.
Ah, star power and geography. Sure, having a loyal sponsor and an agreeable venue help, but it is the easy proximity of several top stars that has boosted the field’s marquee value.
This week, seven of the top nine players in the world ranking are entered in the field, led by new area residents Tiger Woods and Rory McIlroy.
Both relocated to the Palm Beach area in the past three years, where the likes of Lee Westwood and major winners Charl Schwartzel, Ernie Els, Keegan Bradley and Louis Oosthuizen have also set up shop. Others, such as former world No 1 Luke Donald, have lived there for years.
In other words, as far as player presence goes, Honda is almost as hot as the area’s high-end real-estate market.
selling@thenational.ae
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Maestro
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What is double taxation?
- Americans living abroad file taxes with the Internal Revenue Service, which can cost hundreds of dollars to complete even though about 60 per cent do not owe taxes, according to the Taxpayer Advocate Service
- Those obligations apply to millions of Americans residing overseas – estimates range from 3.9 million to 5.5 million – including so-called "accidental Americans" who are unaware they hold dual citizenship
- The double taxation policy has been a contentious issue for decades, with many overseas Americans feeling that it punishes them for pursuing opportunities abroad
- Unlike most countries, the US follows a citizenship-based taxation system, meaning that Americans must file taxes annually, even if they do not earn any income in the US.
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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Our Time Has Come
Alyssa Ayres, Oxford University Press
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
COMPANY%20PROFILE
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