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Domenicali: Formula 1 Earnings Call Transcript


Stefano Domenicali
2021 has begun with huge energy and momentum. In the past few weeks, we announced our segment rate in the U.S. in Miami Gardens with a huge and positive reaction from our fans, the teams and all our partners. I think the second wave in the U.S. starting in 2022, provides a great opportunity for our sport and we’ll ensure we continue to increase our strong progress and fund growth there.
Last week, we announced that we will have Saturday 100-kilometer sprint qualifying formats, our three races in 2021, following unanimous support from all the teams.
The events will be exciting for all our fans, provide more on-track action over a race weekend, and give our partners and the team’s greater commercial opportunities. Silverton, one of the venues for the new format already reported a surge in ticket sale following news that they would be hosting one of this event. ....

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10 Best Communication Stocks to Buy Now


10 Best Communication Stocks to Buy Now
In this article we will take a look at the 10 best communication stocks to buy now. You can skip our detailed analysis of the communications sector’s outlook for 2021 and some of the major growth catalysts for communication stocks and go directly to the
The global communications sector initially consisted of just a few major players. It has now become a much more decentralized market as new opportunities emerged within the telecom industry. The industry has many functions involved including IT, construction, and AI which has opened up many business opportunities for communication companies to take advantage of. According to the Business Research Company, the telecom market size is expected to reach $3450 billion by 2022, growing at a CAGR of around 6%. This growth can be attributed to increasing development of smart cities and emerging market growth across the world. ....

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Racing Roundup: F1 not practicing what it preaches  – WHEELS.ca


IndyCar flagger at fault for crashes, Tracy sings on the air and all the news
By: Norris McDonald
May 3, 2021
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I was watching Formula One this weekend (the Grand Prix of Portugal was won by Lewis Hamilton and here’s a
link if you missed it),  and it suddenly hit me that the series doesn’t practice what it preaches. The lack of diversity is, frankly, frightening.
What makes it worse is that the best racing series in the world could be so much better if the people in charge could just bring themselves to make the changes that are necessary. ....

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Bell to acquire the operations of Octane Racing Group and Montreal's Formula 1 Canadian Grand Prix | Lifestyles


Bell announced on Friday April 30 that it has agreed to acquire the operations of Montréal s Octane Racing Group Inc., promoter of the Formula 1 Canadian Grand Prix, the largest annual sports and tourism event in the country.
After the cancellation of the 2020 and 2021 Grand Prix events in Montréal due to COVID-19, Bell s investment brings the financial stability and enhanced investment needed to ensure the long-term growth of the Formula 1 Canadian Grand Prix. With the event now secured in Montréal through 2031, today s announcement unlocks a wide range of enhanced commercial opportunities for both Bell and F1.
Bell will ensure that tickets sold for the 2020 race are valid for the 2022 Canadian Grand Prix or ticket holders will be refunded if they prefer that option. A number of 2020 ticket holders had already chosen to transfer their tickets to the canceled 2021 event, and that option is now available to them for the 2022 race (tickets had not yet been sold for ....

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