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Ethara CEO ‘excited’ as Abu Dhabi Grand Prix concludes Formula 1’s longest season

Ethara CEO ‘excited’ as Abu Dhabi Grand Prix concludes Formula 1’s longest season
Saif Al-Noaimi, CEO of Ethara, organizers of the Formula 1 Abu Dhabi Grand Prix. (Supplied)
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Updated 04 December 2024

Ethara CEO ‘excited’ as Abu Dhabi Grand Prix concludes Formula 1’s longest season

Ethara CEO ‘excited’ as Abu Dhabi Grand Prix concludes Formula 1’s longest season
  • Saif Al-Noaimi speaks to Arab News about the 2024 season, the race at Yas Marina Circuit and other sporting events in the UAE capital

ABU DHABI: Max Verstappen may have clinched his fourth consecutive drivers title a few weeks ago, but as Abu Dhabi prepares to host the finale of Formula 1’s longest season yet, two teams are still in with chance of winning the World Constructors’ Championship.

In the driver and team championships, the 2024 F1 season ended being far more gripping than the early races of the campaign had suggested as the Dutchman and Red Bull went about obliterating their rivals.

Saif Al-Noaimi, CEO of Ethara, organizers of the Etihad Airways Abu Dhabi Grand Prix, was at Yas Marina Circuit when Formula 1 witnessed arguably its greatest championship finale. Verstappen’s last lap overtake of Lewis Hamilton three years ago has become known among fans, simply, as ”Abu Dhabi 21.”

He believes a renewed sense of competitiveness after a few years of complete Red Bull dominance, is welcome.

“It has been a very exciting season,” Al-Noaimi said. “Max Verstappen dominated the first half, but then (McLaren’s) Lando Norris, and even Oscar Piastri, and the two Ferraris caught up quite a bit in the second half. Brazil was a surprise. Max really dominated in that race and delivered an amazing result.”

Three weeks later, Verstappen won his fourth consecutive World Drivers’ Championship after a fifth-place finish in the Las Vegas Grand Prix. 

“But it is also exciting to see the fight for the Constructors' Championship,” Al-Noaimi said. “McLaren leading, they haven’t won since 1998, Ferrari in second, they haven’t won it since 2008. So they’re going to be fighting really hard to finish on top.

“It’s been a long season. This is the longest in history, Abu Dhabi will be the 24th race.”

Al-Noaimi is impressed by the changes that teams have made throughout the season that have allowed for this thrilling end.

“It’s showing the evolution of the cars from the beginning of the season and how teams are quickly catching up towards the second half of the season. So it’s good to see that innovation, and how quickly some of the teams have been able to catch up in the second half of the season — 2025 is going to be an interesting one. And obviously 2026, with the new rules, is going to shuffle all the cards.

“You have some exciting developments with Adrian Newey’s move (to Aston Martin). We have Hamilton ending his Mercedes era in Abu Dhabi this year, next year going to Ferrari. So there’re a lot of moving parts, exciting things.”

Al-Noaimi also highlighted the fact four rookies will be introduced to the grid next season, a development that means there are no seats for more seasoned drivers such as Mick Schumacher and the popular Daniel Ricciardo.

“It’s a very competitive sport,” he said. “You have a chance to get it right and deliver and you have, in some cases, a few races to prove yourself, otherwise, you’re moved on. I mean, Daniel Ricciardo is an amazing driver, amazing personality. I think he did so much for the sport, he brought in completely new audiences. It’s unfortunate to see him being dropped in the middle of a season and not towards the end of the season. But he had to make way for someone else to be given an opportunity.”

For Al-Noaimi, preparations for the season-ending events started months ago, and it is not just the Formula 1 action that he has to oversee, but all events throughout Abu Dhabi GP race week.

“It’s actually a full week of activities this year. On the ground, some new products that we’re launching, some innovation in the overall experience for our customers. We have redeveloped the Paddock Club this year.”

The changes to the Paddock Club include a completely upgraded rooftop, allowing 360-degree views of the track; an increased capacity;  and a totally new premium customer journey.

These developments come on the back of host of additions last year, such as new viewing platforms Deck on 2, Horizon 360 and Trackside Terrace. This year there is the new Garden on Yas at the W Hotel.

Demand for tickets, Al-Noaimi said, continues, both among tourists and UAE residents.

“We actually sold out of many products as early as June, including circuit grandstands, and that’s six months before the event.

“Since then, we’ve tried to find new ways for people to come and enjoy the action. We didn’t want them to get disappointed, so we had one-day tickets come up in that period. But demand is unprecedented.”

“Last year, we had 170,000 attendees over the weekend, about 70 percent coming from outside the UAE,” he added. “That’s huge for supporting Abu Dhabi’s tourism strategy. And this year we expect similar or larger attendance numbers.”

Another aspect of the event that Al-Noaimi is proud of is the sustainability across the entire weekend.

“Sustainability is essential in our planning for the event. When we’re starting to plan for the event early on, we always view it from a sustainability lens.

“Last year was the biggest year we’ve had in terms of the footprint of the event and the scale of the event and the number of attendees. However, we had a reduction in our carbon footprint despite that significantly larger event. And that’s a result of all the different sustainability initiatives we’ve had over the last few years starting to show results.”

While the Abu Dhabi Grand Prix remains the crown jewel of Ethara’s calendar, and one of the biggest sporting weekends in the region, Abu Dhabi has become home to several other global events in recent years.

“Right now our flagship events are Formula 1, NBA Games and UFC,” Al-Noaimi said. “And then, expanding on the partnership with the Department of Culture and Tourism, we were involved last year with delivering Abu Dhabi Art, which took place over a few months across multiple locations in Abu Dhabi. This year, we are also involved in the Public Art Abu Dhabi Biennial with the Department of Culture and Tourism.”

For those visiting from abroad, the F1 ticket comes with a lot of benefits, Al-Noaimi said.

“It’s truly a full week of activities for an Abu Dhabi Grand Prix ticket holder. On Wednesday, you can upgrade and get a ticket to the World Supercross at Etihad Arena. Throughout that period, you have access, with ‘Yas All In’ pass, to one of the amazing theme parks we have on Yas Island, access to the Louvre Abu Dhabi on Saadiyat Island, access to Qasr Al-Watan in Abu Dhabi, as well as a few other tourist destinations.”

But there is little doubt where all eyes will be this weekend, at Yas Marina Circuit.

“From Thursday, you have the pitlane walk, you have the first of the Yasalam after-race concerts happening in Etihad Park. And then you have the entire activities. Obviously the Formula 1 race, but also the support races, Formula 2, we have a Formula 4 Middle East Trophy Round, and Formula 1 Academy for the first time coming to Abu Dhabi as well.”

In two of these support races young local drivers will take to the track.

“We’re fortunate to have three Emiratis racing at the Abu Dhabi Grand Prix weekend in front of the same crowd that’s here to watch the Formula One,” said Al-Noaimi. “Amna and Hamda (Al-Qubaisi) are participating at the highest level of the F1 Academy. It’s the first time we bring that to Abu Dhabi. So it’s a proud moment for us to see them race in front of their home crowds.

“Rashid Al-Dhaheri returns for the F4 Trophy Round as well. He just stepped up to Formula Regional. He’s performing extremely well. Last season he took part in Formula 4 UAE. He also did Formula 4 Italy. And he’s participating in a few rounds in Europe and Southeast Asia. He's been doing amazingly well.”


Bayer investors concerned soccer transfers inflated earnings, shares drop

Bayer investors concerned soccer transfers inflated earnings, shares drop
Updated 57 sec ago

Bayer investors concerned soccer transfers inflated earnings, shares drop

Bayer investors concerned soccer transfers inflated earnings, shares drop
It said those results included higher revenue from its German Bundesliga team Bayer Leverkusen resulting from player transfers.
British media reported in June that Premier League champions Liverpool had agreed a fee of 136.3 million euros to sign Bayer Leverkusen attacking midfielder Florian Wirtz

FRANKFURT: Investor concerns that Bayer’s earnings were inflated by soccer player transfer fees rather than supported by its core health care and agriculture businesses helped send its shares plummeting nearly 5 percent to a one-month low on Wednesday.

The German maker of pharmaceuticals and crop protection products reported in unscheduled preliminary results last week that second-quarter operating income, adjusted for some items, came in at a better-than-expected 2.1 billion euros ($2.43 billion).

In a more detailed disclosure on Wednesday, however, it said those results included higher revenue from its German Bundesliga team Bayer Leverkusen resulting from player transfers.

Bayer shares were down 4.7 percent at 0958 GMT.

Fresh details in Wednesday’s disclosure indicating that Bayer’s performance was also more the result of established blood thinner Xarelto than newer drugs with longer patent protection contributed to the stock selloff as well.

“The detail of the beat being somewhat related to Xarelto and the sale of a footballer could be disappointing to some,” JPMorgan analysts said in a note.

British media reported in June that Premier League champions Liverpool had agreed a fee of 136.3 million euros to sign Bayer Leverkusen attacking midfielder Florian Wirtz.

Bayer’s finance chief Wolfgang Nickl, however, would not provide details on the transfer earnings on Wednesday.

“If we have these transfers, we need to compare the book value with the prices that we get, and that can lead to an extraordinary result on several players, and that was just recorded last quarter,” he said during a call with journalists.

JOB CUTS, ROUNDUP PROVISIONS
Bayer also said it has now cut around 12,000 full-time positions since the start of a restructuring program aimed at speeding up decision-making and reducing managerial and administrative positions.

A previous tally for jobs slashed in 2024 was at 7,000.

The total number of global employees at the end of June stood at close to 90,000 when counted in full-time equivalents, according to its quarterly report.

Bayer, which is burdened by US lawsuits claiming its Roundup weedkiller causes cancer, has said it is holding off on breaking up the diversified group even as some investors call for a sale of the consumer health unit or separate stock market listing for its crop science division.

It reiterated that it would have to stop US production of key Roundup ingredient glyphosate unless lawmakers, courts or regulators help it further stave off the costly litigation.

Bayer said last week it had added 1.2 billion euros to its provisions for the Roundup litigation.

Total Roundup litigation provisions totalled $7.4 billion, or 6.3 billion euros, it said on Wednesday.

LIV Golf announces return to Riyadh for 2026 season opener

LIV Golf announces return to Riyadh for 2026 season opener
Updated 44 min 18 sec ago

LIV Golf announces return to Riyadh for 2026 season opener

LIV Golf announces return to Riyadh for 2026 season opener
  • Tournament will take place under the lights at Riyadh Golf Club from Feb. 5-7

RIYADH: LIV Golf has confirmed its return to Ƶ to launch its 2026 season from Feb. 5-7 under the lights at Riyadh Golf Club.

Cleeks Golf Club’s Adrian Meronk, winner of LIV Golf Riyadh 2025, said: “Winning in Riyadh was one of the proudest moments of my 2025 season. Playing under the lights, in front of such an electric crowd, brought out the best in me.

“LIV Golf Riyadh presented by Roshn Group will be unlike anything else in the game. It’s fast, it’s bold, and it sets the tone for the entire season. I can’t wait to return and defend my title in 2026.”

Roshn Group, Ƶ’s leading multi-asset class real estate developer, continues with LIV Golf as global Pillar Partner for the 2026 season. As the two organizations work together to accelerate the sport’s growth with new audiences, Roshn Group and LIV Golf will champion youth access to golf and promote golf training and talent development.

Last month, LIV Golf and Roshn Group jointly launched the “Rising Stars” program, the first of its kind to educate and inspire young people in Saudi through the sport of golf. As part of a larger six-month golf program led by Golf Saudi, “Rising Stars” participants will benefit from the mentorship at global events from LIV Golf players such as Talor Gooch and Jason Kokrak, lessons from coaches, and inspiring talks from LIV Golf executives, among other experiences.

The 2026 season will be the second consecutive year LIV Golf opens its season in Riyadh, a key stop on the league’s international calendar and a symbol of the Kingdom’s growing commitment to elite sport.

LIV Golf Riyadh presented by Roshn Group builds on the momentum of a groundbreaking 2025 event, in which Meronk claimed a wire-to-wire individual victory and Legion XIII, captained by Jon Rahm, dominated the team competition in the league’s revamped four-score format.

The 2026 event launches a packed global calendar that includes confirmed events in Adelaide (Feb. 13-15), Singapore (March 13-15), South Africa (March 20-22), Mexico City (April 17-19), and the United Kingdom (July 24–26).

Ross Hallett, executive vice president at LIV Golf, said: “Together, with Roshn Group’s continued partnership, we’re excited to bring our global stars once again to Riyadh for our season opener in 2026. Last year’s event was the very first LIV Golf event played under lights, and it provided an electrifying start for players and fans alike, delivering a truly unique viewing experience and reinforcing LIV Golf’s commitment to innovation.

“2026 will be bigger and better with a focus on providing an unforgeable experience including light shows, a food festival, fan experiences, fair rides, golf activities, hospitality, concerts and more. We are grateful for the support of Golf Saudi and Riyadh Golf Club who provide a world class facility for our players and teams to perform.”

Fans can expect to see a stellar field, including Meronk, and defending team champion Legion XIII, featuring Rahm, Tyrrell Hatton, Tom McKibbin and Caleb Surratt. They’ll be joined by international stars including 2025 season points leader and LIV Golf Jeddah 2024 champion Joaquin Niemann (Torque GC), Bryson DeChambeau (Crushers GC), LIV Golf Jeddah 2023 champion Brooks Koepka (Smash GC), Sergio Garcia (Fireballs GC), Cam Smith (Ripper GC), and Dustin Johnson (4Aces GC), among many others.


Son Heung-min signs with MLS’ Los Angeles FC after a decade at Tottenham

Son Heung-min signs with MLS’ Los Angeles FC after a decade at Tottenham
Updated 06 August 2025

Son Heung-min signs with MLS’ Los Angeles FC after a decade at Tottenham

Son Heung-min signs with MLS’ Los Angeles FC after a decade at Tottenham
  • Son Heung-min agreed to a contract with Los Angeles FC on Tuesday, finalizing his move to Major League Soccer after a decade at Tottenham Hotspur
  • The 33-year-old South Korean superstar will join LAFC as a designated player after the club paid a reported fee of more than $20 million

LOS ANGELES: Son Heung-min agreed to a contract with Los Angeles FC on Tuesday, finalizing his move to Major League Soccer after a decade at Tottenham Hotspur.
The 33-year-old South Korean superstar forward is joining LAFC three days after he formally announced his decision to leave Tottenham.
Son attended LAFC’s Leagues Cup match against Tigres at BMO Stadium on Tuesday night, watching from a luxury suite. LAFC will formally introduce Son at a news conference Wednesday, but the club showed the forward on the stadium video board late in the first half as he waved to roaring fans thrilled by their team’s landmark acquisition.
LAFC, a deep-pocketed club with significant team success in its first eight seasons of existence, reportedly paid a transfer fee of more than $20 million, which could end up being the most ever for an MLS move.
Son was a beloved presence at Spurs, scoring 173 goals in 454 competitive appearances for the North London club while rising to global prominence with his combination of speed, playmaking skill and finishing acumen.
The captain was given a memorable farewell last week in Seoul during Tottenham’s exhibition match against Newcastle, getting a guard of honor from both teams and tearfully exiting in the second half while nearly 65,000 fans roared.
But South Korea’s most popular athlete — and almost certainly the greatest Asian soccer player in history — has chosen an auspicious stage for the next chapter of his groundbreaking career.
Los Angeles has the world’s largest ethnic Korean population outside Korea, with the city’s vibrant Koreatown district sitting just a couple of miles from LAFC’s BMO Stadium.
LAFC is undoubtedly hoping to market Son as a soccer counterpart to the Dodgers’ Shohei Ohtani, albeit on a smaller scale. Ohtani, the three-time MLB MVP from Japan who is on a trajectory to become the greatest Asian player in baseball history, draws fans from across the Pacific Rim to Dodger Stadium while attracting millions in sponsorships and partnerships for the Dodgers.
Son’s move to California also puts him in position to make an impact on and off the field at the World Cup, which will be held across North America in 2026. Son, the captain of his national team, already has said he will play in his fourth World Cup.
After leading Tottenham to its first European trophy in decades by winning the Europa League in May in a fitting cap to his English career, Son will go straight into the MLS Cup race when suits up for his new club. LAFC currently sits sixth in the Western Conference at 10-6-6, but with multiple games in hand on every team in front of it because of its participation in the Club World Cup.
Son’s seven Premier League goals last season were his fewest since his Tottenham debut, but he still appears to have the pace and skill necessary to be a difference-maker at any level. He also turned 33 only a month ago, putting him on the younger end of the global stars recently arriving in MLS.
Lionel Messi and Marco Reus were 35 and Luis Suárez was 37 when they went stateside in recent years, while Olivier Giroud and Hugo Lloris were both 37 when they joined LAFC last year.
Son will be reunited in Los Angeles with longtime Tottenham teammate Lloris, who has been outstanding since becoming LAFC’s goalkeeper last season.
High-scoring French forward Denis Bouanga is the only designated player currently under contract for LAFC, and general manager John Thorrington has been criticized by some fans for not using the full power of his financial resources this season. LAFC spent months on an ultimately failed attempt to get France’s Antoine Griezmann to leave Atlético Madrid.
Bouanga and Son have both thrived on the left wing during their careers, but Son likely has more positional versatility than Bouanga, making him a candidate to line up in the middle or even on the right wing.
Son seems to be an infinitely better fit for LAFC than Giroud, who moved to Lille last month after one disappointing year in California. LAFC plays a counterattacking, speed-based style that didn’t suit Giroud’s goal-scoring strengths, while Son should be right at home in such a system.
But LAFC also could alter its style in the winter after coach Steve Cherundolo departs for Germany following four largely successful seasons highlighted by an MLS Cup championship.


Olympic champion Remco Evenepoel makes big move to rival team

Olympic champion Remco Evenepoel makes big move to rival team
Updated 06 August 2025

Olympic champion Remco Evenepoel makes big move to rival team

Olympic champion Remco Evenepoel makes big move to rival team
  • Evenepoel signed with Soudal Quick-Step at a young age after the squad’s former manager Patrick Lefevere spotted his immense potential
  • Evenepoel’s move will strengthen Red Bull–BORA–hansgrohe, where he will team up with Primoz Roglic and Florian Lipowitz, who finished third in last month’s Tour de France

LONDON: Olympic champion Remco Evenepoel will leave the team where he became one of the best riders of his generation to join Red Bull–BORA–hansgrohe from next season.

The 25-year-old Belgian rider informed Soudal Quick-Step that he would not extend his contract, which was due to expire at the end of 2026. The team said on Tuesday it has agreed to release him early.

“After taking some time to consult with our sponsors and partners, the team’s ownership and management have decided that it is in the best interest of everyone to agree that Remco can move at the end of the current 2025 season,” Soudal Quick-Step said in a statement.

Evenepoel signed with Soudal Quick-Step at a young age after the squad’s former manager Patrick Lefevere spotted his immense potential. Under Lefevere’s supervision, Evenepoel won prestigious races, including the 2022 Spanish Vuelta, two stages of the Tour de France and two titles at Liège-Bastogne-Liège.

He finished third at the 2024 Tour de France but withdrew from this year’s edition. Widely considered the best time trialist in the world, Evenepoel remains focused on winning more Grand Tours.

“Remco stands for ambition. He doesn’t just want to ride — he wants to shape cycling,” said Ralph Denk, the CEO of Red Bull–BORA–hansgrohe. “He brings not only exceptional athletic talent but also a remarkable mindset. His determination, professionalism, and relentless drive to succeed are truly inspiring.”

Evenepoel’s move will strengthen Red Bull–BORA–hansgrohe, where he will team up with Primoz Roglic and Florian Lipowitz, who finished third in last month’s Tour de France.

“Evenepoel’s arrival marks more than just a milestone for Red Bull–BORA–hansgrohe, it is a clear signal,” the team said. “With renewed confidence and bold ambition, the team is setting its course to become one of the most attractive forces on the international cycling stage in the years to come.”

Evenepoel hadn’t yet commented Tuesday, though he posted Red Bull–BORA–hansgrohe’s “Welcome Remco!” message on his Instagram account.

A year ago in Paris, Evenepoel become the first rider to sweep the road race and time trial at the Summer Games.


Naomi Osaka powers into semifinals in Montreal, will face Clara Tauson next

Naomi Osaka powers into semifinals in Montreal, will face Clara Tauson next
Updated 06 August 2025

Naomi Osaka powers into semifinals in Montreal, will face Clara Tauson next

Naomi Osaka powers into semifinals in Montreal, will face Clara Tauson next
  • Osaka, the four-time Grand Slam champion who reached No. 1 in the rankings, continued her best performance in a WTA 1000 tournament since reaching the final in Miami in 2022
  • Canadian teenager Victoria Mboko takes on ninth seed Elena Rybakina of Kazakhstan in the other semifinal Wednesday

MONTREAL: Naomi Osaka powered into her first National Bank Open semifinal, beating No. 10 seed Elina Svitolina 6-2, 6-2 on Tuesday night.

Osaka advanced to face No. 16 seed Clara Tauson, who eliminated sixth-seeded Madison Keys 6-1, 6-4 in the first quarterfinal of the night.

Osaka, the four-time Grand Slam champion who reached No. 1 in the rankings, continued her best performance in a WTA 1000 tournament since reaching the final in Miami in 2022. She stepped away from tennis for 15 months toward the end of that season and had daughter Shai in July 2023.

The native of Japan is seeking her eighth career title and her first since the 2021 Australian Open.

Canadian teenager Victoria Mboko takes on ninth seed Elena Rybakina of Kazakhstan in the other semifinal Wednesday. Mboko, who’s playing in her first main draw at the National Bank Open, will rise into the WTA’s top 50 after beginning the year outside the top 300.

The 18-year-old from Toronto has defeated five higher-ranked opponents en route to the semifinals, including top seed Coco Gauff in the fourth round.

Tauson dedicated her victory to her grandfather, Peter, during an on-court interview at IGA Stadium.

“I really wanted to win for him today,” she told the crowd before breaking down in tears. “I really wanted to come out here and show my best tennis for him, and hopefully he’s watching.”

Tauson said she only found out about her grandfather’s death on Monday, a day after she eliminated Wimbledon champion and No. 3-ranked Iga Swiatek 7-6 (1), 6-3.

She spoke of him as one of the biggest supporters of her career.

“He used to coach me a little bit playing tennis and drove me to almost every single practice from my school,” the 22-year-old native of Denmark said. “It was tough news yesterday morning when I woke up, but I think it’s for the better. He was not feeling great for a while.”

Tauson hasn’t lost a set in the tournament.

Keys failed to convert two break chances in the first game. After the American held serve, Tauson won the ensuing five games to take the first set.

“Not my best performance out there today,” said Keys, who won this year’s Australian Open. “She played amazing tonight. She played incredibly well, she served really well. It was just one of those things where I felt like I kept trying different things, and she was just beating me.

“When she’s serving like that, it’s going to be really hard to break her.”