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The Courage to Be Different | Shriya Lohia | TEDxIIMBG
TEDx Talks· 2026-04-14 16:11
This speech emphasises on the societal pressure to conform in the age of social media, where validation often replaces authenticity. It dives into how trends dictate opinions, lifestyles, and even identities, urging individuals to question what they truly believe versus what they’ve been conditioned to accept. Shriya Lohia is a trailblazing Indian Formula 4 racer who has broken barriers in a traditionally male-dominated sport. Starting her motorsport journey in karting at a young age, she went on to become ...
Motorsport has changed — Drivers are now businesses | Alex Denning | TEDxTrinityCollegeDublin
TEDx Talks· 2026-04-08 14:51
There I was, one minute going 300 km an hour around the world's fast Formula 1 circuit. The next I was in the back of an ambulance on the way to Milan Hospital. I was 23 years of age.I just caused €200,000 worth of damage. And it was my first ever race in an Aston Martin. And there was one thing playing through my mind.How the hell was I going to recover for this one. And it wasn't because I was injured. It was because the car was injured and quite badly at that.And I couldn't afford to pay for it. My name ...
X @The Economist
The Economist· 2026-03-05 17:30
Reimagining Formula One as an entertainment and lifestyle brand that appeals to more than just hardcore motorsport fans seems to please sponsors, who provide just over a fifth of revenues https://t.co/ziLbKnvHxL ...
SEGG Media Highlights Veloce's Diversified Revenue Engine Following $61 Million Majority Acquisition
Globenewswire· 2026-02-27 16:55
Core Insights - SEGG Media has acquired a controlling interest in Veloce Media Group for $61 million, significantly enhancing its revenue streams and international presence [1][2] - The acquisition is expected to generate over $20 million in revenue for SEGG Media in 2026, driven by Veloce and its subsidiary Quadrant [2][10] Revenue Model - Veloce operates a multi-pillar revenue model across five core verticals, reducing dependency on single revenue streams and creating cross-selling opportunities [3] - In 2025, Veloce's media network generated $2.17 million in digital advertising revenue and hundreds of millions of views across its channels [4] - The creator agency division has generated $620,000 in revenue since its inception, with partnerships with major brands like Audi and Ferrari [4] Quadrant Expansion - Quadrant, acquired in July 2025, is a key growth driver, combining athlete-led brand equity and digital engagement to create diverse revenue streams [5] Leadership in Esports and Sustainable Motorsport - Veloce holds a leadership position in esports and sim racing, providing services for Formula 1 teams and operating its own professional esports events [6] - The company has established credentials in sustainable motorsport, previously operating a championship-leading Extreme E team and entering the FIA Hydrogen World Cup in 2026 [9] Financial Performance - In the second half of 2025, Veloce achieved 1 billion brand impressions and generated $2.45 million in partnership and digital revenue [7] - The company also generated $3.36 million in fee-for-service and sponsorship revenue from its development academy in 2025 [8] Strategic Impact - The acquisition of Veloce enhances SEGG Media's consolidated revenue base and supports its goal of building a scalable international sports and digital media platform [13] - Management's priorities for 2026 include expanding international sponsorship partnerships and integrating Veloce into SEGG Media's ecosystem [14][17]
SEGG Media Nominates Daniel Bailey to Board of Directors Following Majority Acquisition of Veloce Media Group
Globenewswire· 2026-02-18 13:44
Core Insights - SEGG Media has appointed Daniel Bailey, Co-Founder and CEO of Veloce Media Group, to its Board of Directors as part of its acquisition strategy to enhance revenue growth in the sports and digital media sector [1][2] Acquisition Details - SEGG Media acquired a majority interest in Veloce Media Group at an enterprise value of approximately $61 million (£45 million), structured as a combination of cash and SEGG Media stock at $10 per share [6] - Veloce reported approximately $17.5 million (£12.8 million) in revenue for its most recent fiscal year and generates over 500 million monthly digital views across its ecosystem [6] Strategic Focus - Bailey's leadership at Veloce has established a diversified commercial ecosystem, including partnerships with major brands like McLaren, Visa, Microsoft, Hilton, and LEGO [3] - The acquisition is expected to enhance SEGG Media's ability to consolidate operating results, expand internationally, and accelerate top-line growth [7] Board Contributions - As a board member, Bailey will provide expertise in digital audience monetization, brand partnerships, international expansion, and scalable media execution, which are critical to SEGG's growth strategy for 2026 [4] - The appointment reflects SEGG Media's commitment to aligning operational leadership with governance, ensuring strategic continuity and enhancing integration and growth capabilities [5] Market Positioning - SEGG Media operates a portfolio of digital assets focused on immersive fan engagement, ethical gaming, and AI-driven live experiences, aiming to redefine audience interaction with content [8]
SEGG Media Unlocks $20M+ in Annual Revenue by Finalizing Terms to Secure Controlling Interest in Veloce Media Group
Globenewswire· 2026-02-13 17:10
Core Viewpoint - SEGG Media has finalized terms to acquire a majority interest in Veloce Media Group, a rapidly growing platform at the intersection of sports, gaming, and digital media, with the transaction set to close on February 17, 2026 [1][2]. Acquisition Details - The acquisition values Veloce at approximately $61 million (£45 million) and is expected to generate over $20 million in additional annual revenue starting in Q1 2026 [2]. - The deal will be executed through a combination of cash and SEGG Media common shares priced at $10 per share, marking a significant shift for SEGG Media and its shareholders [3][11]. Strategic Importance - The acquisition is seen as a foundational move for SEGG Media, aligning with its strategy to acquire cash-generating, media-driven sports assets that can scale across various revenue streams [2][9]. - Veloce's recent acquisition of Quadrant, co-founded by Formula 1 Champion Lando Norris, enhances its portfolio and revenue generation capabilities [4]. Leadership Insights - Veloce's leadership emphasizes the potential for strong shareholder value creation through the partnership with SEGG Media, highlighting the alignment of management teams and strategic visions [5][6]. - The combined strengths of SEGG Media's market access and Veloce's established brands and revenue models are expected to facilitate accelerated growth [7][10]. Financial Performance - Veloce reported $17.5 million (£12.8 million) in revenue for its latest financial period, with a diverse revenue stream across digital content, esports, and brand partnerships [8]. - The integration of Veloce's business is anticipated to position SEGG Media to capitalize on the growing global demand in sports, media, gaming, and digital entertainment [9].
Anthropic and Atlassian Williams F1 Team announce multi-year partnership, naming Claude the team's ‘Official Thinking Partner'
Globenewswire· 2026-02-02 13:12
Core Insights - Anthropic and Atlassian Williams F1 Team have announced a multi-year partnership, designating Claude as the team's Official Thinking Partner [1] - Claude will be integrated throughout the Williams organization to enhance race strategy, car development, and operations, especially during significant regulatory changes in Formula 1 [2] - The partnership aims to leverage Claude's advanced AI capabilities to improve decision-making and performance under pressure [3] Company Overview - Atlassian Williams F1 Team is a historic Formula 1 team, founded in 1977, with a record of nine Constructors' Championships and seven Drivers' Championships, making it one of the most successful teams in F1 history [7] - The team is known for its ingenuity and innovation, focusing on maximizing performance through meticulous attention to detail [4] Partnership Details - Claude's branding will be featured on the FW48 cars, drivers, and team kit, starting with the 2026 livery reveal on February 3 [5] - The partnership is expected to demonstrate the value of AI in high-stakes environments, combining human talent with advanced AI models [6][9] - Team Principal James Vowles expressed enthusiasm for the partnership, highlighting the potential for success through collaboration with Anthropic [6]
BNY joins Atlassian Williams F1 Team as Official Institutional Banking Partner
Prnewswire· 2026-01-30 12:00
Core Insights - BNY and Atlassian Williams F1 Team have announced a long-term partnership focused on performance and innovation [1][2] - BNY will support Williams, a historically successful Formula 1 team, as it aims to win again under new regulations [2][3] - The partnership aims to connect the finance world with the excitement of racing, leveraging Formula 1's global audience [4] Company Overview - BNY operates in over 100 global markets, helping organizations with investment, trading, and transactions [2] - As of December 31, 2025, BNY oversees $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management [8] - BNY serves over 90% of Fortune 100 companies and nearly all top 100 banks globally [8] Team Overview - Atlassian Williams F1 Team has won nine Constructors' World Championships and seven Drivers' World Championships, making it one of the most successful teams in Formula 1 history [2][7] - Founded in 1977, the team is based in Grove, Oxfordshire, and continues to focus on engineering excellence and fan engagement [7] Partnership Details - BNY branding will be featured prominently on the Williams FW48 car and team kit during the 2026 season [5] - The partnership will create opportunities for BNY to engage with clients and the financial community during the 24-race season [4][6] - Both organizations emphasize a commitment to innovation and long-term success [6]
ONEflight International named Official Private Aviation Partner of the McLaren Mastercard Formula 1 Team
Globenewswire· 2026-01-23 15:00
Core Insights - McLaren Racing has announced a multi-year partnership with ONEflight International, designating them as the Official Private Aviation Partner for the McLaren Mastercard Formula 1 Team, emphasizing shared values of precision performance and innovation [1][4] Company Overview - McLaren Racing was founded in 1963 and has a rich history in motorsport, including 23 Formula 1 world championships and over 200 Grand Prix victories [5] - ONEflight International, established in 2010, is a global aviation company that provides seamless access to a network of private aircraft, enhancing its booking technology through BAJit [2][7] Partnership Details - The partnership will leverage ONEflight's travel solutions as McLaren prepares for the 2026 Formula 1 season, with ONEflight branding featured on race cars and driver suits [3] - Both companies aim to create luxury activations globally, enhancing the experience for McLaren's team and ONEflight's members [3][4] Strategic Goals - McLaren Racing is committed to sustainability, aiming for net zero emissions by 2040, and fostering diversity and inclusion within the motorsport industry [7] - ONEflight is positioned as a market leader in luxury private jet travel, with over 700 aircraft charter operator partnerships and a network of 7,000 private jets worldwide [7]
X @Forbes
Forbes· 2025-12-13 20:00
In Formula 1, the action off the track is often as exciting as the racing on it. Here are 13 figures to know about the massive business behind the world’s most popular motorsport. https://t.co/D60w1jQVGY (Photo: Bryn Lennon/Formula 1 via Getty Images) https://t.co/ZKr3MS3XlA ...