Ranking the 10 best motorsport books about cars and their designers

In the second instalment of this new three-part series delving into the best motorsport books to have ever been published, IAN TITCHMARSH gives his verdict on those dealing with racing cars and the technical wizards responsible for them

More sumptuous books have been published about racing cars than any other aspect of motorsport, which makes choosing the top 10 an extremely difficult task.

Should an average book about an iconic car take precedence over a book with high production values about less exotic machinery? The quality of the writing has also been an important factor.

The role of an individual designer may no longer be as central as it once was, but there are certain people whose impact at the highest level of the sport has been ground-breaking and the story of whose cars deserves to be told. The list reflects this, and ranges from Vittorio Jano in the 1930s to Adrian Newey at the top of the tree today.

If the Cooper and HWM teams, in their differing ways, blazed the path for British cars and drivers in international competition in the decade following the Second World War, Colin Chapman’s arrival on the scene with his Lotus cars moved the science of motor racing to a significantly higher level. As first HWM and then Cooper faded away, the ever-innovative Chapman ensured that Team Lotus remained at the forefront of Formula 1 technology until his untimely death in 1982.

Author Gerard ‘Jabby’ Crombac (above left), as one of the most … Read More

Hill International Selected as Consultant for Luxury Development in Pakistan

PHILADELPHIA and ISLAMABAD, Pakistan, July 09, 2020 (GLOBE NEWSWIRE) — Hill International (NYSE:HIL) (Hill), the global leader in managing construction risk, announced today that it was selected to provide construction consultancy services for Elite Reverie, a multi-million dollar, luxury-living development in Islamabad, Pakistan.

Elite Reverie, also known as Eighteen, is a more than 2 million SM, mixed-use development project that includes residential complexes with over 2,000 units of villas and apartments, a retail and business park, a 20,152 SM, five-star hotel, a mall, medical and sports facilities, education villages, recreational facilities, and 7,200 yards with an eighteen-hole golf course.

The project is located to the southwest of the city. It is well connected to the major road networks in the area and just ten minutes away from the new Islamabad International Airport.

Hill will offer construction consultancy services to help ensure that the project is delivered on-time and within budget. The scope of work will include overall site supervision; schedule and progress control; health, safety, and environment management; quality management; inspection of contractors’ works; coordination between all project stakeholders; and project commissioning.

“The Elite Eighteen project is a significant addition to the capital city’s real estate development sector,” says Hill Senior Vice President for the Asia/Pacific Region Said Mneimne. “We are extremely excited to provide Hill’s services for such a flagship project in Pakistan. We share the owner’s vision and are committed to working with all stakeholders for a successful project delivery. Moreover, Hill is pleased to expand its footprint

Read More

Soon enough, these pandemic business loans will come back to hit taxpayers where it hurts

Getty Images/iStockphoto
Getty Images/iStockphoto

People live life in accordance with government legislation. Since the seventies, money has become cheaper and cheaper. For years the banks have sold business on offering more and more credit knowing that they would never lose out and continue to pay out massive bonuses.

Now these businesses have mounting debt on their books again (due to the financial situation caused by the pandemic) they may well be looking to the taxpayer for financial support in months to come if repayments fail.

We are told we are world leaders, yet our industrial base has suffered and many inventions have been sold to other countries, who develop and reap the financial benefit of products. We have become over-dependant on imports.

Our world-leading NHS has been neglected for decades. We are told it has coped through the pandemic, yet millions of appointments, operations, treatments have been cancelled.

A financial statement by the chancellor on Wednesday to help business and create long-lasting employment will be difficult. Jobs are being lost; re-training takes time and the country’s poor foundations will have an effect on the speed of recovery.

Financial and health crises are nothing new; we have experienced them over centuries. We have had enquiries, reviews, reports, and investigations into the outcomes. What a situation the country now finds itself in. Will lessons ever be learned?

Paul Broadhurst
Cheshire

High earners should pay more taxes

The problem with making the financial institutions bail us out is that we end up paying in the

Read More

British finance proposes repackaging state-backed coronavirus loans

By Huw Jones

LONDON (Reuters) – Britain’s financial sector is proposing the repackaging of some 35 billion pounds ($44 billion) of state-backed coronavirus corporate relief loans to ensure taxpayers do not foot the bill.

The British government introduced the state-guaranteed loans after a coronavirus lockdown in March forced thousands of companies large and small to shut for several months.

“Many business are swimming hard to stay afloat and they can’t face up to the challenge of repaying the debt,” TheCityUK Chair Adrian Montague told a City & Financial online event.

TheCityUK said it will send its report recommending the transfer of state-guaranteed debt into an arm’s length body to Britain’s finance ministry this month.

“The debt can then be replaced either by some kind of tax paying obligation that the report recommends, or converted into long-term capital,” Lloyd’s Bank Chairman Norman Blackwell said.

The government or the new body would then have to find ways to bring in private finance and remove it from the public sector balance sheet “at an appropriate discount”, Blackwell added.

Recapitalised firms would retain control of themselves.

Repayments on the loans, which are administered by banks, are due to start in March. But a third of businesses that took them will struggle to repay unless they are recapitalised, Omar Ali of EY consultancy said.

“We are talking broadly about 35 billion pounds of lending in government schemes by that point potentially becoming unsustainable,” Ali said. Around 750,000 small and medium sized companies and over 3

Read More
businessmential.com © All rights reserved. | Magazine 7 by NYOCOT!!!.