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Brazilian F1 driver Felipe Massa to retire at end of 2016 season

Thu, Sep 1 2016

Williams Formula One driver Felipe Massa announced plans to retire at the end of the 2016 season ahead of the Italian Grand Prix. After 14 years in F1, the 35-year-old Brazilian driver competed in 242 races and won 11 grands prix over his tenure, placing him in the ranks as one of the most experienced drivers in the sport. The last race of the 2016 season in Abu Dhabi will be Massa's 250th race, capping off a career where the Brazilian drove for Sauber, Ferrari, and, most recently, Williams. In an emotional video, which was posted on his Facebook, Massa confirmed that he would be leaving Formula One and provided some insight into his lengthy career. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The move to announce his retirement before the Italian Grand Prix was a premeditated decision as it was the same location where Michael Schumacher (who was a large influence on Massa) announced his retirement. Massa also spent numerous years behind the wheel of a Ferrari F1 car and came extremely close to winning the title in 2008 in one. The Italian Grand Prix, then, is the ideal spot for the announcement. Massa's career, which the F1 driver claims has given him "great pride, joy and happiness," started in 2002 with the Swiss-based Sauber team. In his first season, Massa scored four championship points and went on to spend the following season as one of Ferrari's test drivers. For the 2004 season, Massa rejoined Sabuer's lineup alongside Giancarlo Fisichella, where he finished with a total of 12 championship points. The 2005 season was Massa's last with Sauber as the Brazilian was partnered with former champion Jacques Villeneuve, but still managed to score a total of 11 championship points. The 2006 F1 season started the most successful part Massa's career. Massa partnered with the legendary Schumacher, where the Brazilian won his first F1 race in Turkey. Ferrari retained Massa for 2007 to drive with Schumacher's replacement, Kimi Raikkonen, who would go on to win the Driver's Championship by one point. The next year, 2008, was Massa's most memorable with the driver losing out on the championship by a single point to McLaren's Lewis Hamilton. In 2009, Massa was involved in a life-threatening accident in qualifying for the Hungarian Grand Prix where the driver was struck in the head by a loose spring from Rubens Barrichello's vehicle.

Race Recap: For the 2013 Monaco Grand Prix, NASCAR comes to the principality

Tue, 28 May 2013

Lots of contact, debris cautions, trips into the wall, full-course yellows and a red flag - these are the kinds of racing terms you unbox when you want to have a conversation about NASCAR... or the Formula One grand prix of Monaco. In this case we're not talking about the Coca-Cola 600 at Charlotte, we're talking about 78 laps in the South of France that even featured a fallen camera cable just like that stock-car race.
This year, Mercedes-AMG Petronas drivers treated their chassis' like busses instead of F1 cars, Romain Grosjean treated his Lotus like a battering ram, Sergio Perez kept sticking his McLaren's nose in places and eventually got it smacked, and maybe the size of the drivers' mirrors should be changed instead of the tires as there were almost as many firsts as there were crashes. Plenty of F1 fans wish Monaco were removed from the calendar, yet even though it doesn't specialize in traditional thrills, that doesn't mean nothing happens during the parade through - and into - the barriers.

Macron and Le Pen decry 'shocking' Stellantis CEO pay

Mon, Apr 18 2022

PARIS — French President Emmanuel Macron and his far-right challenger in the French presidential vote, Marine Le Pen, on Friday both decried as “shocking” the multimillion euro payout to the CEO of carmaker Stellantis. Stellantis CEO Carlos TavaresÂ’ remuneration package of 19.15 million euros just a year after the company was formed became an issue as Macron and Le Pen campaigned ahead of the April 24 runoff vote. Polls show purchasing power and inflation are a top voter concern. Stellantis was formed last year through the merger of PSA Peugeot and Fiat Chrysler Automobiles. Centrist President Emmanuel Macron, perceived by many voters as being too pro-business, called the pay package “astronomical” and pushed for a Europe-wide effort to set ceilings on “abusive” executive pay. “ItÂ’s shocking, itÂ’s excessive,” he said Friday on broadcaster France-Info. “People canÂ’t have problems with purchasing power, difficulties, the anguish theyÂ’re living with, and see these sums. Otherwise, society will explode.” Far-right leader Marine Le Pen, who enjoys support from many working-class voters, called for bringing in more workers as shareholders. “Of course itÂ’s shocking, and itÂ’s even more shocking when it is the CEOs who have pushed their society into difficulty,” she said Friday on BFM television. “One of the ways to diminish this pay, which is often out of proportion with economic life, is perhaps to allow workers in as shareholders.” Stellantis continued to back the package despite a 52.1% to 47.9% vote rejecting it at an annual shareholders' meeting chaired from the Netherlands, where the company is legally based, on Wednesday. The company, citing Dutch civil code, noted that the vote is advisory and not binding. The company later said in a statement that it took note of the vote, and will explain in an upcoming 2022 remuneration report “how this vote has been taken into account.” In the 2021 report, the company identified peer group companies that it used as a salary benchmark, including U.S. companies like Boeing, Exxon Mobile, General Electric as well as carmakers Ford and General Motors. Stellantis, whose brands include Peugeot, Fiat, Jeep, Opel and Maserati, reported net profits last year had tripled to 13.4 billion euros ($15.2 billion). The French government is the third-largest shareholder in Stellantis, with a 6.15% stake through the Bpifrance Participations S.A. French public investment bank.