Cost of success: F1 giants are also biggest spenders

Agencies
March 12, 2019

Paris, Mar 12: Mercedes, Ferrari and Red Bull were the three most successful teams in the Formula One world championship in 2018, spending more money that the other seven teams combined.

According to journalist Dieter Rencken, who each year collates the financial figures for Racefans.net, the cost of keeping two cars on track in the championship is around 100 million euros.

Worried by spiralling costs, F1 will impose a budget ceiling of $150 million from 2021.

Team budgets in 2018:

1. Ferrari (2nd in constructors championship)

-- $410 million (361 million euros) total 950 employees + 480 in engine department.

Receives the largest part of the sport's commercial revenues redistributed by F1 on account of the team's historic status in the sport. Backed also by cigarette manufacturers Philip Morris via their "Mission Winnow" project.

2. Mercedes (1st)

-- $400 million (352 million euros) total 950 employees + 500 in engine department.

Daimler-Benz's F1 activities are split into two -- Mercedes GP for race operations and the powertrains, operating independently.

3. Red Bull (3rd)

-- $310 million (272 million euros) 860 employees.

Should benefit in 2019 from sister team Toro Rosso and common engine supplier Honda.

4. McLaren (6th)

-- $220 million (194 million euros) 760 employees.

Supported by Middle East investors but despite losing Fernando Alonso for the new season, will benefit from various new sponsors one of which is British American Tobacco through their project "A better tomorrow".

5. Renault (4th)

-- $190 million (167 million euros) 680 employees + 300 in engine department.

Strategic partnership of Renault-Nissan-Mitsubishi but overshadowed by the Carlos Ghosn affair.

6. Williams (10th)

-- $150 million (132 million euros) 630 employees.

Lost title sponsor Martini for the season to be replaced by telecommunications company ROKiT. With the support also of Canadian multi-millionaire businessman Lawrence Stroll -- the father of driver Lance Stroll.

6. Toro Rosso (9th)

-- $150 million (132 million euros) 460 employees.

Should benefit in 2019 from its sister team Red Bull and common engine supplier Honda.

8. Alfa Romeo Racing (ex-Sauber) (8th)

-- $135 million (119 million euros) 400 employees.

Benefitted since 2018 by a Ferrari engine deal and now boasts support of Alfa Romeo 9.

9) Haas (5th)

-- $130 million (115 million euros) 250 employees.

Will benefit in 2019 from a title sponsor, energy drinks manufacturer Rich Energy

10. Racing Point (ex-Force India) (7th)

-- $120 million (105 million euros) 405 employees.

Will benefit in 2019 from new title sponsor, internet sports betting site SportPesa.

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News Network
January 13,2020

Mumbai, Jan 13: India captain Virat Kohli indicated at dropping himself down the batting order to accommodate both Shikhar Dhawan and KL Rahul in the playing XI against Australia in the first ODI of the three-match series starting Tuesday.

With vice-captain Rohit Sharma an automatic pick, the team management is left with tough choice of selecting either Dhawan or Rahul in the XI. But the skipper sees no reason why both can't play together.

"Look, a guy in form is always good for the team. ...You obviously want to have the best players available and then chose from what the combination should be for the team. There might be a possibility that all three (Rohit, Shikhar and Rahul) might play. It will be interesting to see what balance we want to take in on the field," Kohli said on the eve of the match.

Asked if he would he be happy to bat lower down the order, Virat said,"Yeah, big possibility. I would be very happy to do so. Look I am not possessive about where I play. I am not insecure about where I bat," said the skipper.

For Kohli, it is more important as to what kind of leadership legacy he leaves behind rather than chase personal glory.

"Being the captain of the team, it is my job to make sure that the next lot is also ready. A lot of the other people might not look at it that way, but your job as a captain is not only to look after the team right now, but also to prepare a team that you leave behind when you eventually pass it onto someone else," he added.

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Agencies
February 26,2020

It could be Virat Kohli versus Faf du Plessis in the Asia XI-World XI two-match T20 series that has been organised by the Bangladesh Cricket Board (BCB) on March 18 and 21 -- subject to the India skipper confirming his availability.

The matches will be played to celebrate the 100th anniversary of their founding father Sheikh Mujibur Rahman. The BCB is awaiting a confirmation from Kohli as well as K.L. Rahul for the March 18 game as India are set to play South Africa on the same day in the final ODI of a three-match series at the Eden Gardens in Kolkata.

Agencies had earlier reported that the Board of Control for Cricket in India (BCCI) President Sourav Ganguly had sent the names of Kohli, Mohammed Shami, Shikhar Dhawan and Kuldeep Yadav to the BCB for the two matches. And they all feature in the Asia XI team with the addition of wicket-keeper Rishabh Pant and Rahul.

Announcing the names, BCB President Nazmul Hassan said: "We have already received four names from India. We haven't signed contracts but Rishabh Pant, Kuldeep Yadav, Shikhar Dhawan and Mohammed Shami are supposed to come. They have said K.L. Rahul and Virat Kohli will play one game each, but that hasn't been finalised.

"Players like Rashid Khan and Mujeeb Ur Rahman have finalised with us, from Afghanistan. Nepal's Sandeep Lamichhane will play while from Sri Lanka, we will have Lasith Malinga and Thisara Perera. From Bangladesh, we will have Tamim Iqbal, Mushfiqur Rahim, Mustafizur Rahman, Mahmudullah and Liton Das.

"I don't remember all the names, but we will have three or four players from South Africa. Definitely, there will be the same number of players from West Indies. Australia and New Zealand will be playing but we will try to find some (players). Bairstow is definitely coming. Ngidi is coming. Chris Gayle is supposed to play. Faf du Plessis. We will have some of the best players around. We are uncertain about Pakistan since the PSL is will be ongoing. We will invite some of the cricketing greats."

Squads: Asia XI: Virat Kohli*, K.L. Rahul*, Rishabh Pant, Kuldeep Yadav, Mohammed Shami, Shikhar Dhawan, Tamim Iqbal, Liton Das, Mushfiqur Rahim, Thisara Perera, Rashid Khan, Mustifizur Rehman, Sandeep Lamichhane, Lasith Malinga, Muzeeb ur Rehman

World XI: Alex Hales, Chris Gayle, Faf du Plessis (Captain), Nicholas Pooran, Ross Taylor, Jonny Bairstow, Kieron Pollard, Adil Rashid, Sheldon Cottrell, Lungi Ngidi, Andrew Tye, Mitchell McClenaghan. (Coach: Tom Moody)

Note: (*) For one game; Kohli's selection subject to confirmation.

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Agencies
May 22,2020

India's cricket board will not push for the Twenty20 World Cup in Australia to be postponed but would consider staging the Indian Premier League (IPL) in the October/November slot if it becomes available, a senior BCCI official has told Reuters.

This year's IPL, which is worth almost $530 million to the BCCI, has been indefinitely postponed because of the COVID-19 pandemic while the World Cup, which is scheduled to begin on Oct. 18, is also in jeopardy.

Reports in Australian media have suggested India's influential board may look to push for the World Cup to be postponed to open up a window for the IPL.

World Cup contingency plans are on the agenda at next week's International Cricket Council (ICC) board meeting but BCCI treasurer Arun Singh Dhumal said India would not be recommending it be pushed back.

"Why should the BCCI suggest postponing the Twenty20 World Cup?" Dhumal told Reuters by telephone.

"We'll discuss it in the meeting and whatever is appropriate, (the ICC) will take a call.

"If the Australia government announces that the tournament will happen and Cricket Australia is confident they can handle it, it will be their call. BCCI would not suggest anything."

While Australia has seen new infections of the novel coronavirus slow to a trickle and is gradually easing travel curbs and social distancing restrictions, hosting a 16-team World Cup would be a Herculean task for Cricket Australia.

Dhumal questioned whether the tournament should go ahead if it had to be played without spectators and said the Australian government would play a key role in any decision.

"It all depends on what the Australian government says on this - whether they'd allow so may teams to come and play the tournament," he added.

"Will it make sense to play games without spectators? Will it make sense for CA to stage such a tournament like that? It's their call."

Cricket Australia chief executive Kevin Roberts was guarded about the prospects of staging the tournament as scheduled on Friday.

"We don't have clarity on that one, yet. But as the situation continues to improve, you never know what might be possible," he said.

"It's ultimately a decision for the ICC."

The ICC has said it was unlikely to make a final call on the fate of the World Cup until August but some boards are in the process of making contingency plans in the event of a postponement.

While the BCCI recognised an open October-November window would suit the IPL, Dhumal said there was no point in making plans until there was some certainty about the World Cup.

"If we have the window available, and depending on what all can be organised, we'll decide accordingly," he added. "We can't presume that it's not happening and go on planning."

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