Factory Backed
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Factory Backed
In motorsports, a factory-backed racing team or driver is one sponsored by a vehicle manufacturer in official competitions. As motorsport competition is an expensive endeavor, some degree of factory support is desired and often necessary for success. The lowest form of factory backing comes in the form of contingency awards, based upon performance, which help to defray the cost of competing. Full factory backing can be often seen in the highest forms of international competition, with major motorsport operations often receiving hundreds of millions of euros to represent a particular manufacturer. One-make series can also be backed by the factory, notably Ferrari Challenge and Porsche Supercup purely to allow themselves sell their competition specials of their models to customers and to organize series. These series commonly offer prize money and even sometimes a factory drive in an upper-level series. In lower level racing, support from dealerships and importers may also be ...
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Nico Rosberg 2015 Malaysia FP3
Naftiran Intertrade Company limited (NICO) is a Swiss-based subsidiary of the National Iranian Oil Company (NIOC). NICO is a general contractor for the oil and gas industry. NIOC buys the vast majority of Iran's gasoline imports. NICO is a key player in Iran's energy sector. History ''Naftiran Trading Services (NTS)'' was established in the Jersey Channel Islands (United Kingdom) in 1991. The intention was to start trading crude oil and products, as well as to create a competitive opportunity for the investment in oil and gas projects, as well as to play an active role in world energy security. In June 2003, a decision was made by NICOs management to transfer the whole NTS activities to a newly established company named Naftiran Intertrade Co ( Sàrl), in Lausanne, Switzerland. ''Petro Suisse Intertrade Company (SA)'', ''Hong Kong Intertrade'', ''Noor Energy (Malaysia) Ltd'' and ''Petro Energy Intertrade (Dubai)'', all alleged front companies for NIOC/NICO, have been sancti ...
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Import
An import is the receiving country in an export from the sending country. Importation and exportation are the defining financial transactions of international trade. In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions. History Definition Imports consist of transactions in goods and services to a resident of a jurisdiction (such as a nation) from non-residents. The exact definition of imports in national accounts includes and excludes specific "borderline" cases. Importation is the action of buying or acquiring products or services from another country or another market other than own. Imports are important for the economy because they allow a country to supply nonexistent, scarc ...
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Works Team
A works team (sometimes factory team, company team) is a sports team that is financed and run by a manufacturer or other business. Sometimes, works teams contain or are entirely made up of employees of the supporting company. Association football Africa A number of works teams were founded in the former Portuguese territory of Mozambique that still are currently major teams in that Portuguese-speaking African country (independent since 1975). Grupo Desportivo da Companhia Têxtil do Punguè and Textáfrica do Chimoio are examples of two works teams which were the teams of two textile companies. In addition, two major teams of the railway network also achieved notoriety – the Clube Ferroviário de Maputo and the Clube Ferroviário da Beira. Other former and current works teams in Africa include Arab Contractors SC of Egypt (also a sporting club) and AS Police (Benin). Horseed FC is based in Horseed, Somalia. A seven-time champion of the Somalia League, it is a former a ...
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Satellite Team
In motorsport, a satellite team is a team related to a larger, better-funded team. This relation may involve ownership, technical support and staff sharing, including drivers. Current examples include NASCAR outfit Wood Brothers Racing, which is currently related to Team Penske, Leavine Family Racing, which acts as a satellite team to Joe Gibbs Racing, and Formula One teams Scuderia AlphaTauri (supported by Red Bull Racing), Haas F1 Team (supported by Scuderia Ferrari) and Aston Martin Cognizant F1 Team (supported by Mercedes-AMG Petronas Motorsport). If the larger team is factory-backed (i.e. supported by a manufacturer), then the satellite team is termed a semi-works team. As of 2010, several World Rally Championship teams are semi-works: the Citroën Junior Team is linked to the Citroën World Rally Team, whereas Stobart and Munchi's are supported by the Ford World Rally Team. In MotoGP, factory teams are given the most up-to-date motorcycles and parts, while satellite t ...
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Car Tuning
Car tuning is the modification of a car to optimise it for a different set of performance requirements from those it was originally designed to meet. Most commonly this is higher engine performance and dynamic handling characteristics but cars may also be altered to provide better fuel economy, or smoother response. The goal when tuning is the improvement of a vehicle's overall performance in response to the user's needs. Often, tuning is done at the expense of emissions performance, component reliability and occupant comfort. As a culture has grown around modified cars the term tuning has grown to encompass the cosmetic and stylistic changes owners make to personalize their vehicles. These changes can range from functional modifications designed to improve the performance or functionality of the car, to visual modifications which alter the aesthetics of the car and, in the case of certain mods, sometimes be detrimental to the performance or functionality of the car. Origin S ...
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Formula D
Formula Drift (also known as Formula D) is a United States-based motorsport drifting series. Formula Drift, Inc. was co-founded by Jim Liaw and Ryan Sage in 2003 as a sister company to Slipstream Global Marketing, the same partnership that introduced D1 Grand Prix to the United States. The new entity would solely own, operate and launch the first official drifting series in North America. Formula D is not affiliated with the FIA series of formula racing championships. With 60 currently licensed drivers competing in PRO and PROSPEC (formerly PRO 2), Formula Drift is recognized as the premier North American professional drifting championship series. The series consists of an eight-round championship played out at race tracks across North America. Judged on line, angle, and style, rather than who finishes the course in the fastest time, Formula Drift brings together traditional racing and extreme sports. North America Drivers in North America can compete in regionally sanctione ...
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Pontiac (automobile)
Pontiac or formally the Pontiac Motor Division of General Motors, was an American automobile brand owned, manufactured, and commercialized by General Motors. Introduced as a General Motors companion make program, companion make for GM's more expensive line of Oakland Motor Car Company, Oakland automobiles, Pontiac overtook Oakland in popularity and supplanted its parent brand entirely by 1933. Sold in the United States, Canada, and Mexico by GM, in the hierarchy of GM's five divisions, it was slotted above Chevrolet, but below Oldsmobile, Buick, and Cadillac. Starting with the 1959 models, marketing was focused on selling the lifestyle that the car's ownership promised rather than the car itself. By emphasizing its "Wide Track" design, it billed itself as the "performance" division of General Motors, which "built excitement." Facing financial problems and restructuring efforts, GM announced in 2008 financial crash, 2008 that it would follow the same path with Pontiac as it had ...
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Mopar
Mopar is the parts, service, and customer care division of the former Chrysler Corporation, now owned by Netherlands-based automobile manufacturer Stellantis. It serves as a primary OEM accessory seller for Stellantis brands under the Mopar brand. The name is a portmanteau of the words "MOtor" and "PARts". "Mopar" is also used as a nickname by enthusiasts of Chrysler-built products to refer to any product built by the company. Mopar also designs and builds a small number of customized vehicles. History The term was created by an internal activities council and was first used by Chrysler in 1937 as a product name to put on cans of Chrysler Motor Parts Antifreeze. This new branded product became known as "MoPar antifreeze" a portmanteau of the terms "motor" and "parts". Mopar parts are original equipment manufactured parts for FCA US LLC vehicles. The term "Mopar" has passed into broader usage among car enthusiasts as an unambiguous reference to vehicles produced by former pare ...
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Drifting (motorsport)
Drifting is a driving technique where the driver intentionally oversteers, with loss of traction, while maintaining control and driving the car through the entirety of a corner. The technique causes the rear slip angle to exceed the front slip angle to such an extent that often the front wheels are pointing in the opposite direction to the turn (e.g. car is turning left, wheels are pointed right or vice versa, also known as opposite lock or counter-steering). Drifting is traditionally done by clutch kicking (where the clutch is rapidly disengaged and re-engaged with the intention of upsetting the grip of the rear wheels), then intentionally oversteering and countersteering. This sense of ''drift'' is not to be confused with the ''four wheel drift'', a classic cornering technique established in Grand Prix and sports car racing. As a motoring discipline, drifting competitions were first popularized in Japan in the 1970s and further popularized by the 1995 manga series '' Initial ...
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Car Dealership
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services. History of car dealerships in the United States The early cars were sold by automakers to customers directly or through a variety of channels, including mail order, department stores, and traveling representatives. For example, Sears made its first attempt at selling a gasoline-engined chain-drive high-wheeler in 1908 through its mail-order catalog and starting in 1951 the Allstate through select its stores and the catalog. The first dealership in the United States was established in 1898 by William E. Metzger. Today, direct sales by an automaker to consumers are limited by most states in the U.S. through franchise laws that require new cars to be sold only by licensed and bonded, independently owned dealerships. The first ...
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Motorsport
Motorsport, motorsports or motor sport is a global term used to encompass the group of competitive sporting events which primarily involve the use of motorized vehicles. The terminology can also be used to describe forms of competition of two-wheeled motorised vehicles under the banner of motorcycle racing, and includes off-road racing such as motocross. Four- (or more) wheeled motorsport competition is globally governed by the Fédération Internationale de l'Automobile (FIA); and the Fédération Internationale de Motocyclisme (FIM) governs two-wheeled competition. Likewise, the Union Internationale Motonautique (UIM) governs powerboat racing while the Fédération Aéronautique Internationale (FAI) governs air sports, including aeroplane racing. All vehicles that participate in motorsports must adhere to the regulations that are set out by the respective global governing body. History In 1894, a French newspaper organised a race from Paris to Rouen and back, starting ...
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Andrea DOVIZIOSO - Ducati Team - MotoGP 2014 - Le Mans (14217890902)
Andrea is a given name which is common worldwide for both males and females, cognate to Andreas, Andrej and Andrew. Origin of the name The name derives from the Greek word ἀνήρ (''anēr''), genitive ἀνδρός (''andrós''), that refers to man as opposed to woman (whereas ''man'' in the sense of ''human being'' is ἄνθρωπος, ''ánthropos''). The original male Greek name, ''Andréas'', represents the hypocoristic, with endearment functions, of male Greek names composed with the ''andr-'' prefix, like Androgeos (''man of the earth''), Androcles (''man of glory''), Andronikos (''man of victory''). In the year 2006, it was the third most popular name in Italy with 3.1% of newborns. It is one of the Italian male names ending in ''a'', with others being Elia (Elias), Enea (Aeneas), Luca (Lucas), Mattia (Matthias), Nicola (Nicholas), Tobia (Tobias). In recent and past times it has also been used on occasion as a female name in Italy and in Spain, where it is consid ...
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