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Teddy Mayer
Edward Everett Mayer (September 8, 1935 – January 30, 2009) was an American motor racing entrepreneur who was successful in several categories of racing, including Formula One and IndyCars. Life and career Mayer was born in Scranton, Pennsylvania. While studying law at Cornell Law School, he became involved in the Rev-Em Formula Junior team whose drivers included his brother Timmy and Peter Revson. After graduating in 1962 Mayer followed his brother and Revson to Europe and joined Bruce McLaren who was setting up his Formula One team. Despite the death of his brother in 1964, Mayer continued to be involved in motor sport and assumed control of the McLaren team after Bruce McLaren was killed in 1970. For much of the 1970s McLaren enjoyed considerable success, with both Emerson Fittipaldi and James Hunt taking the drivers title. In addition to Formula One, McLaren also competed in USAC, CART, and CanAm racing under Mayer's management. The McLaren team won the Indianapolis ...
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1976 British Grand Prix
The 1976 British Grand Prix (formally the John Player Grand Prix) was a Formula One auto racing, motor race held on 18 July 1976 at the Brands Hatch circuit in Kent, England, United Kingdom. The 76-lap race was the ninth round of the 1976 Formula One season. British driver James Hunt was involved in a first corner crash that brought out the red flags. Hunt drove his damaged car back to the pits, but did not complete a full lap of the track to do so, instead driving through an access road on the Cooper Straight. The officials declared that, since he had not been on the circuit when the red flag was waved, Hunt would not be allowed to take part in the restart. This news led to much angry feeling amongst the British crowd, who chanted Hunt's name until the stewards, fearing crowd trouble, announced that Hunt would be allowed to take the restart. Hunt duly won the restarted race. Immediately after the race, the Scuderia Ferrari, Ferrari, Tyrrell Racing, Tyrrell and Fittipaldi Automot ...
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James Hunt
James Simon Wallis Hunt (29 August 1947 – 15 June 1993) ''Autocourse Grand Prix Archive'', 14 October 2007. Retrieved 4 November 2007. was a British racing driver who won the Formula One World Championship in . After retiring from racing in 1979, Hunt became a media commentator and businessman. Beginning his racing career in touring car racing, Hunt progressed into Formula Three, where he attracted the attention of the Hesketh Racing team and soon came under their wing. Hunt's often reckless and action-packed exploits on track earned him the nickname "Hunt the Shunt" (''shunt,'' as a British motor-racing term, means "crash"). Hunt entered Formula One in , driving a March 731 entered by the Hesketh Racing team. He went on to win for Hesketh, driving their own Hesketh 308 car, in both World Championship and non-championship races, before joining the McLaren team at the end of . In his first year with McLaren, Hunt won the 1976 World Drivers' Championship, and he remained with ...
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Penske Racing
Team Penske (formerly Penske Racing) is an American professional auto racing organization, competing in the NTT IndyCar Series, NASCAR Cup Series, and the FIA World Endurance Championship. Debuting at the 1966 24 Hours of Daytona, the organization has also competed in various other types of professional racing such as Formula One, Can-Am, Trans Am, IMSA and Australian Supercars. Altogether, Team Penske has earned over 500 victories and over 40 championships in all of auto racing. Team Penske is a division of Penske Corporation, and is owned and chaired by Roger Penske. The team president is Tim Cindric. IndyCar Series Team Penske currently fields three cars: the No. 2 Hitachi Dallara/Chevrolet for Josef Newgarden, the No. 3 DEX Imaging Dallara/Chevrolet driven by Scott McLaughlin, and the No. 12 Verizon Dallara/Chevrolet driven by Will Power. Notable past drivers include 4-time Indianapolis 500 winners Al Unser, Rick Mears, and Helio Castroneves. Prior to the 2022 race, Team ...
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Beatrice Foods
Beatrice Foods Company was a major American food processing company founded in 1894. In 1987, its international food operations were sold to Reginald Lewis, a corporate attorney, creating TLC Beatrice International, after which the majority of its domestic (U.S.) brands and assets were acquired by KKR, with the bulk of its holdings sold off. By 1990, the remaining operations were ultimately acquired by ConAgra Foods. History Early years 1894-1912 The Beatrice Creamery Company was founded in 1894 by George Everett Haskell and William W. Bosworth, by leasing the factory of a bankrupt firm of the same name located in Beatrice, Nebraska. At the time, they purchased butter, milk, and eggs from local farmers and graded them for resale. They promptly began separating the butter themselves at their plant, making their own butter on site and packaging and distributing it under their own label. They devised special protective packages and distributed them to grocery stores and restau ...
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Cosworth
Cosworth is a British automotive engineering company founded in London in 1958, specialising in high-performance internal combustion engines, powertrain, and electronics for automobile racing (motorsport) and mainstream automotive industries. Cosworth is based in Northampton, England, with American facilities in Indianapolis and Mooresville, North Carolina. Cosworth has collected 176 wins in Formula One (F1) as engine supplier, ranking third with most wins, behind Ferrari and Mercedes. Corporate history The company was founded as a British racing internal combustion engine maker in 1958 by Mike Costin and Keith Duckworth. Its company name, "Cosworth", was derived as a portmanteau of the surnames of its two founders (Costin and Duckworth). Both of the co-founders were former employees of Lotus Engineering Ltd., and Cosworth initially maintained a strong relationship with Colin Chapman; and initial revenues of the company came almost exclusively from Lotus. When the c ...
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Patrick Tambay
Patrick Daniel Tambay (25 June 1949 – 4 December 2022) was a French racing driver, commentator, and politician, who competed in 123 Formula One races between 1977 and 1986, securing five pole positions and winning twice. Between 1977 and 1981, he raced for an assortment of teams including Surtees, Theodore, Ligier, and McLaren with mixed results; he additionally won two Can Am championships under Carl Haas in 1977 and 1980. Tambay was hired by Scuderia Ferrari after his close friend Gilles Villeneuve died during the 1982 Belgian Grand Prix; he took his maiden victory four races later in Germany. His second and final victory came the following year in emotional circumstances at Imola. In 1984, Tambay moved to Renault and ended his F1 career at Haas Lola. Tambay competed in various forms of motorsport following his departure from Formula One, including the 24 Hours of Le Mans, the World Sportscar Championship, and the Dakar Rally. Racing career Early in his career, Tamba ...
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Renault F1
The French automotive manufacturer Renault has been associated with Formula One as both team owner and engine manufacturer for various periods since 1977. In 1977, the company entered Formula One as a constructor, introducing the turbo engine to Formula One with its EF1 engine. In 1983, Renault began supplying engines to other teams. Although the Renault team had won races, it withdrew at the end of . Renault engines continued to be raced until 1986. Renault returned to Formula One in 1989 as an engine manufacturer. It won five drivers' titles and six constructors' titles between 1992 and 1997 with Williams and Benetton, before ending its works involvement after 1997, though their engines continued to be used without works backing until 2000. In 2000, Renault acquired the Enstone-based Benetton Formula team (formerly Toleman). Renault became a works engine manufacturer again in 2001, and in 2002 the Enstone-based team was re-branded as Renault. The team won the drivers' and ...
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Scuderia Ferrari
Scuderia Ferrari Società per Azioni, S.p.A. () is the racing division of luxury Italian auto manufacturer Ferrari and the racing team that competes in Formula One racing. The team is also known by the nickname "The Prancing Horse", in reference to their logo. It is the oldest surviving and List of Formula One Grand Prix winners (constructors), most successful Formula One team, having competed in every world championship since the 1950 Formula One season. The team was founded by Enzo Ferrari, initially to race cars produced by Alfa Romeo. However, by 1947 Ferrari had begun building its own cars. Among its important achievements outside Formula One are winning the World Sportscar Championship, 24 Hours of Le Mans, 24 Hours of Spa, 24 Hours of Daytona, 12 Hours of Sebring, Bathurst 12 Hour, races for Grand tourer cars and racing on road courses of the Targa Florio, the Mille Miglia and the Carrera Panamericana. The team is also known for its passionate support base, known as the ...
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Alan Jones (Formula 1)
Alan Stanley Jones, (born 2 November 1946) is an Australian former Formula One driver. He was the first driver to win a Formula One World Championship with the Williams team, becoming the 1980 World Drivers' Champion and the second Australian to do so following triple World Champion Sir Jack Brabham. He competed in a total of 117 Grands Prix, winning 12 and achieving 24 podium finishes. In 1978 Jones won the Can-Am championship driving a Lola. Jones is also the last Australian driver to win the Australian Grand Prix, winning the 1980 event at Calder Park Raceway, having lapped the field consisting mostly of Formula 5000 cars while he was driving his Formula One Championship winning Williams FW07B. Early life and career Jones attended Xavier College and is the son of Stan Jones, an Australian racing driver and winner of the 1959 Australian Grand Prix, and wanted to follow in his footsteps. Jones initially worked in his father's Holden dealership while racing a Mini and a ...
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Carl Haas
Carl A. Haas (February 26, 1929 – June 29, 2016) was an American auto racing impresario. He co-owned the Newman/Haas/Lanigan Racing team in the Champ Car and IndyCar Series with Paul Newman and Mike Lanigan. He also owned Carl A. Haas Motorsports, which competed in the NASCAR Nationwide Series, as well as the Haas Lola Formula One team. Early life Haas was born in Ludwigshafen am Rhein in Germany. He emigrated to the US in March 1938. He was of History of the Jews in the Netherlands, Dutch Jews descent. His father fled Germany in the 1930s. Career Haas grew up in Chicago and sold gearbox parts from his parents' home. He used the proceeds to begin racing sports cars in 1952 and won numerous races driving Ferraris, Porsches, MG (car), MGs, and Jaguar (car), Jaguars. He retired from driving in the early 1960s in order to focus more on team ownership and other racing-related businesses. In 1967, he became the exclusive American importer for Lola Cars and helped the company a ...
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Haas Lola
Team Haas (USA) Ltd., sometimes called Beatrice Haas after its major sponsor, was an American Formula One team founded by Carl Haas in 1984 after an agreement with Beatrice Foods, a US consumer products conglomerate, which competed in the World Championship from to . An agreement to use Ford engines for three seasons faltered after a change of management at Beatrice. The firing of Beatrice CEO Jim Dutt led to Beatrice withdrawing their funding of the project. The team was unable to continue in Formula One after the 1986 season. World Champion Alan Jones was coaxed out of retirement to drive the team's first car at the end of the 1985 season and on into 1986. The team also was commonly known as Haas Lola due to Haas's association with Lola Cars International, although Lola was not involved in the project. Their cars were actually designed by Haas-owned design and construction company known as FORCE. Lola however earned the team's points towards the Constructors' Championship ...
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Shares
In financial markets, a share is a unit of equity ownership in the capital stock of a corporation, and can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Share capital refers to all of the shares of an enterprise. The owner of shares in a company is a shareholder (or stockholder) of the corporation. A share is an indivisible unit of capital, expressing the ownership relationship between the company and the shareholder. The denominated value of a share is its face value, and the total of the face value of issued shares represent the capital of a company, which may not reflect the market value of those shares. The income received from the ownership of shares is a dividend. There are different types of shares such as equity shares, preference shares, deferred shares, redeemable shares, bonus shares, right shares, and employee stock option plan shares. Valuation Shares are valued according to the various principles in different markets, bu ...
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