How do you trade the comforts of a job you know well for the unknown of entrepreneurship? Just-retired race car driver Danica Patrick is finding out.
In the weeks leading up to Danica Patrick’s final IndyCar race this past May, she spent her time the way most drivers do — practicing on the Indianapolis Motor Speedway and running through details with her team. But with about two weeks to go before she’d suit up professionally for the last time, she is summoned to do a little salesmanship. A group of teenage girls has been assembled at the speedway’s main building, and NASCAR has asked Patrick to give them a pep talk about … More
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The FIA Formula One World Championship has been the most premier form of motor racing around the globe since its inception in 1950. It’s every racing car drivers’ dream to achieve this ultimate title – “Formula One Drivers’ World Championship” and get their names marked in the history of the sport.
It’s truly the sport of kings, where ultra-rich teams build expensive cars every year, race in extreme conditions, and receive huge payouts. The celebrities flocking around the paddock and in the pit garage’s, noise from these cars, champagne flowing like water are all a part of the race weekend, no wonder it is also one of the most glamorous sport in the world.
The estimated turnover for Formula One 2017 season was … More
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BILLABONG investors have voted overwhelmingly to sell the iconic Gold Coast brand to the US-based owners of Quiksilver, Roxy and DC Shoes for $210 million.
The deal was struck after Boardriders increased its $1 a share offer to $1.05 a share just minutes before a vote meeting was due to get underway at Billabong’s Gold Coast headquarters on Wednesday.
In their statement to the ASX, the Burleigh-born company said … More
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Struggling surfwear icon Billabong has warned it cannot carry on business as usual if a takeover by the owner of rival Quiksilver does not proceed, as the company reported worsening revenue and net loss for the first half of the year.
Billabong posted a net loss of A$18.4 million ($20m) for the six months to December 31, worse than A$13m a year earlier, while revenue declined seven per cent to A$476.4 million.
The company reiterated it expects … More
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