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Race Recap: 2016 Austrian GP is mishaps from start to finish

At the 2015 US Formula 1 Grand Prix, rain mixed up the grid and a first-lap incident cast the die for the race. The Austin, Texas event made highlight reels for those reasons and because it decided the Driver's Championship. At the 2016 Austrian F1 Grand Prix, rain mixed up the grid and a last-lap incident cast the die for the race. The Spielbergring race will feature in this year's highlight reel because it might force Mercedes-AMG Petronas to make some hard decisions about the rest of the season. For the first time this season, Lewis Hamilton converted pole position into a lead through Turn 1, and began slowly pulling away from the field. Teammate Nico Rosberg started from sixth because of a gearbox penalty, but was up to third when he pitted on Lap 11. Mercedes normally pits the lead driver first, in this case being Hamilton, but Mercedes wanted to get Rosberg ahead of the two Ferraris. Hamilton pitted on Lap 22, emerging behind Rosberg because of a slow stop. Sebastian Vettel led the race for Ferrari on Lap 27 when his right rear tire exploded coming down the start-finish straight – an eerie reminder of the 2015 Belgian Grand Prix. The Safety Car rolled out, yet when racing resumed Rosberg stayed ahead. After the two Mercs came in for second stops everyone expected Hamilton to lead, but Hamilton had messed up his in-lap and lost a cumulative 3.3 seconds during his actual stops compared to Rosberg's pit-stop times. The Brit remained second. Hamilton chased his teammate for the final 15 laps. At the beginning of the last lap Rosberg messed up Turn 1 and Hamilton closed in. Rosberg took the inside line into Turn 2 as Hamilton pulled up on the outside, then Rosberg appeared to drive straight on as if he simply wasn't going to turn. Hamilton turned in, colliding with Rosberg and driving over the German's front wing. By the end of Turn 2, Hamilton had the lead and Rosberg had a broken car. The Brit won, the German puttered home to finish fourth. The incident promoted Max Verstappen to second and Kimi Raikkonen to third. Verstappen scored his second podium for Red Bull after his victory in Spain. Conversely, Raikkonen's third place for Ferrari was more gifted scraps for the scuderia. Daniel Ricciardo came fifth in the second Red Bull, Jenson Button delivered a terrific sixth for McLaren- Honda, Romain Grosjean got Haas back in the points, Carlos Sainz, Jr. secured eighth for Toro Rosso, and Valtteri Bottas in ninth for Williams.

Macron and Le Pen decry 'shocking' Stellantis CEO pay

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.

Ferrari Classiche returned this 275 GTB Competizione to million-dollar form

When this 275 GTB Competizione rolled into the hands of Ferrari Classiche, it was all out of sorts. Like so many of its brethren, it wore a red overcoat, but Giallo Fly yellow was its original color. The air intakes were mismatching lengths, the front suspension had an extra shock, certain areas of the bodywork were reshaped, and several other parts had been swapped throughout its adventurous life. With time and meticulous attention to detail, however, Classiche brought the GTB/C back up to Ferrari factory standards. Ferrari does not give an exact year of when it reattained chassis No. 09027, only saying it happened a few years after the car was sold at a 2004 Bonham's auction in Monte Carlo. Before that, it lived quite the tumultuous life. It left the factory on June 14, 1966, and four days later, it placed second in its class at the 24 Hours of Le Mans. Pierre Noblet and Claude Dubois drove the No. 57 car for the Francorchamps team and finished 10th overall. According to Ferrari, the racing team made numerous on-the-fly adjustments, including cooling aero and fog lights, to make it properly race-ready. It later won the Mont Ventoux hillclimb, but was damaged during the Marathon de la Route race at the Nurburgring. The car returned to Maranello, and Carrozzeria Scaglietti, who originally built the car, fixed it up before it was sold to amateur racer Patrick McNally in 1967. McNally, after changing the car to silver, wrecked at the 1,000 km of Montlhery. Again, it was fixed, this time by Maranello Concessionaires Ltd. in the UK, and was painted red. Ferrari says the car bounced from owner to owner before it was sold at Monte Carlo. In addition to the previously mentioned issues, the Ferrari faced unoriginal parts that included the oil recovery tank, front brake discs, petrol tank, exhaust system, wheels, tires, steering wheel, and much of the interior. For some reason, the identification plaque had even been changed, but the important original pieces were there: the chassis and the engine. Today, the car is back to tip-top shape and more valuable than ever. Back in 2015, a Barrett-Jackson auction saw a 1966 Ferrari GTB Competizione sell for $9.4 million. We have a feeling Ferrari will keep this one, though. See full photos in The Official Ferrari Magazine. News Source: The Official Ferrari Magazine Auto News Ferrari Automotive History Coupe Performance Classics