Tag Archives: leading

Motorsport

GMF Capital Acquires Motorsport Network Media LLC

New York, June 28, 2023 – GMF Capital (GMF), a leading private investment firm and family office for Gary Fegel, announced today that it has completed the acquisition of Motorsport Network Media LLC (MSNM), a global digital media platform in the motorsport and automotive industries. The terms of the acquisition involve GMF Media, an affiliate of GMF Capital, acquiring the controlling majority stake in MSNM, with an option to purchase the remaining minority interest at a later date.

MSNM is recognized as the world’s largest independent motorsport and automotive media platform, boasting over 40 million monthly users and more than 15 million followers on social media. Under GMF’s control, the acquisition includes nearly 50 flagship motorsport and automotive digital properties such as Motorsport.com, Autosport, Motorsport-Total, GPOne, Motor1.com, and InsideEVs.com. Additionally, the deal encompasses the Motorsport Network brand name, Motorsport.tv (a leading video platform for live and on-demand streaming), and the Autosport Awards (the world’s premier motorsport racing annual awards ceremony).

Gary Fegel, the Founder and Principal of GMF Capital, expressed excitement regarding the acquisition: “We are excited to acquire Motorsport Network Media’s impressive, world-class portfolio of media assets, which are primed for significant growth with the surging popularity of motorsport, particularly Formula 1, in the U.S. and internationally. We will leverage the brands’ market-leading position across the motorsport and automotive industries and push the business to the center of fandom. Our acquisition will allow the business to aggressively pursue new growth opportunities, which will benefit employees, advertisers, partners, and tens of millions of users worldwide.”

This acquisition marks GMF’s first foray into the sports, automotive, and media category. Since its establishment in 2013, GMF Capital and its affiliates have invested over $5.5 billion primarily in private equity, real estate, and alternative investments.

The President of Motorsport Network, James Allen, expressed confidence in the future of the media business: “Today’s announcement marks the next exciting chapter for Motorsport Network and our leading media business. We have had significant acquisition interest in our media assets over the years but found in GMF Capital a buyer that truly values what we have built and shares our vision for the future. The media franchise has continued strong performance, and we believe it will thrive under GMF Capital’s direction.”

About GMF Capital:

GMF Capital was established in 2013 by Gary Fegel as a single-family office to invest capital on behalf of himself, his family, and like-minded investors. With offices in New York City and Switzerland, GMF Capital and its affiliates have invested over $5.5 billion primarily in private equity, real estate, and alternative investments. Before founding GMF Capital, Fegel served as a Senior Partner at Glencore Plc, one of the world’s largest commodity trading and mining companies.

For more information about GMF Capital, please visit www.gmfcapital.com.

Advisors:

Legal counsel to GMF Capital: Arnold & Porter Kaye Scholer LLP

Legal counsel to Motorsport Network LLC: Snell & Wilmer LLP

Media Contacts:

For GMF Capital:

info@gmfcapital.com

zach.groen@finnpartners.com

For Motorsport Network:

mediarelations@motorsport.com

Featured

50,000 People Have Bought The Tata Nexon EV So Far


The Tata Nexon EV nameplate was introduced in early 2020 and has been leading the mass-market EV adoption in India since

Tata Nexon EV Prime and Max sales milestone

  • The Nexon EV was launched in January 2020, based on the facelifted Nexon, with Max and Prime derivatives introduced in 2022.

  • It is among the top three best-selling electric cars in India.

  • Tata offers the Nexon EV Prime with a 30.2kWh battery pack good for a claimed range of 312km.

  • The Nexon EV Max gets a 40.5kWh battery, offering an ARAI-rated range of 453km.

  • Both the Nexon EV Prime and Max share a few features like a touchscreen and auto AC.

  • Their prices range from Rs 14.49 lakh to Rs 19.54 lakh (ex-showroom Delhi).

50,000 units. That’s how many cumulative sales both the Tata Nexon EV Prime and Max have got to their name. This is like a shot in the arm for new buyers and the Indian automotive industry alike, given that our market is still slowly growing in acceptance of electric cars. Tata says the relatively newer Nexon EV Prime and Nexon EV Max variants constitute up to 15 percent in the overall sales of the Nexon.

Here’s a quick look at the journey of Tata’s most affordable electric car so far:

What Started It All?

Tata Nexon EV Prime

Back in early 2020, Tata brought out the facelifted Nexon, which also spawned the Nexon EV. It was among the first long-range mass market electric cars to go on sale in our market. It also became one of the first electric cars in India to be offered on a subscription basis, and it crossed the 1,000 unit-production milestone in a little over six months time.

Updates Down The Line

Tata Nexon EV Max

In May 2022, Tata further broadened the Nexon EV range by introducing a longer range version which got the “Max” suffix, which came with a larger battery pack and more features too. This also led to the standard Nexon EV getting the “Prime” suffix, which is positioned as the entry-level version of the electric SUV.

With these updates, the Nexon EV got pricier too and not all states were still offering discounts for incentivising EV purchases. However, the entry-level electric SUV from Tata remained a popular choice and its Ziptron tech has become a proven technology for the Indian market with various records to its name.

Also Read: Almost A Quarter Of Tata EV Buyers Are New Car Owners

Technical Stuff

Both the Nexon EV Prime and Max get some differences in their technical specifications, which are as follows:

Specification

Nexon EV Prime

Nexon EV Max

Battery Pack

30.2kWh

40.5kWh

Electric Motor

Single

Single

Power

129PS

143PS

Torque

245Nm

250Nm

ARAI-claimed range

312km

453km

Both versions of the Nexon EV support DC fast charging with speeds of up to 50kW, which takes around an hour to replenish their batteries from 0-80 percent.

A Quick Look At Features

Tata Nexon EV Max 10.25-inch touchscreen

Both the iterations of the Tata Nexon EV are loaded to the gills with common features such as a touchscreen system (7-inch unit in the Prime and 10.25-inch in the Max), a single-pane sunroof, connected car tech, and auto climate control. Their safety kits include dual front airbags, ISOFIX child seat anchorages, and cornering stability control.

Also See: Facelifted Tata Nexon EV Caught On Camera For The First Time, Showing Key Details

Price Range And Rivals

Tata Nexon EV Max rear

Tata retails the Nexon EV Prime between Rs 14.49 lakh and Rs 17.19 lakh while the Nexon EV Max ranges from Rs 16.49 to Rs 19.54 lakh (ex-showroom Delhi). The Tata Nexon EV range goes up against the Mahindra XUV400 EV. The duo is a more premium option to the MG Comet EV while being an affordable alternative to the MG ZS EV and Hyundai Kona Electric.

Read More on : Nexon EV Max Automatic

Featured

50,000 People Have Bought The Tata Nexon EV So Far

The Tata Nexon EV nameplate was introduced in early 2020 and has been leading the mass-market EV adoption in India since

Tata Nexon EV Prime and Max sales milestone

  • The Nexon EV was launched in January 2020, based on the facelifted Nexon, with Max and Prime derivatives introduced in 2022.

  • It is among the top three best-selling electric cars in India.

  • Tata offers the Nexon EV Prime with a 30.2kWh battery pack good for a claimed range of 312km.

  • The Nexon EV Max gets a 40.5kWh battery, offering an ARAI-rated range of 453km.

  • Both the Nexon EV Prime and Max share a few features like a touchscreen and auto AC.

  • Their prices range from Rs 14.49 lakh to Rs 19.54 lakh (ex-showroom Delhi).

50,000 units. That’s how many cumulative sales both the Tata Nexon EV Prime and Max have got to their name. This is like a shot in the arm for new buyers and the Indian automotive industry alike, given that our market is still slowly growing in acceptance of electric cars. Tata says the relatively newer Nexon EV Prime and Nexon EV Max variants constitute up to 15 percent in the overall sales of the Nexon.

Here’s a quick look at the journey of Tata’s most affordable electric car so far:

What Started It All?

Tata Nexon EV Prime

Back in early 2020, Tata brought out the facelifted Nexon, which also spawned the Nexon EV. It was among the first long-range mass market electric cars to go on sale in our market. It also became one of the first electric cars in India to be offered on a subscription basis, and it crossed the 1,000 unit-production milestone in a little over six months time.

Updates Down The Line

Tata Nexon EV Max

In May 2022, Tata further broadened the Nexon EV range by introducing a longer range version which got the “Max” suffix, which came with a larger battery pack and more features too. This also led to the standard Nexon EV getting the “Prime” suffix, which is positioned as the entry-level version of the electric SUV.

With these updates, the Nexon EV got pricier too and not all states were still offering discounts for incentivising EV purchases. However, the entry-level electric SUV from Tata remained a popular choice and its Ziptron tech has become a proven technology for the Indian market with various records to its name.

Also Read: Almost A Quarter Of Tata EV Buyers Are New Car Owners

Technical Stuff

Both the Nexon EV Prime and Max get some differences in their technical specifications, which are as follows:

Specification

Nexon EV Prime

Nexon EV Max

Battery Pack

30.2kWh

40.5kWh

Electric Motor

Single

Single

Power

129PS

143PS

Torque

245Nm

250Nm

ARAI-claimed range

312km

453km

Both versions of the Nexon EV support DC fast charging with speeds of up to 50kW, which takes around an hour to replenish their batteries from 0-80 percent.

A Quick Look At Features

Tata Nexon EV Max 10.25-inch touchscreen

Both the iterations of the Tata Nexon EV are loaded to the gills with common features such as a touchscreen system (7-inch unit in the Prime and 10.25-inch in the Max), a single-pane sunroof, connected car tech, and auto climate control. Their safety kits include dual front airbags, ISOFIX child seat anchorages, and cornering stability control.

Also See: Facelifted Tata Nexon EV Caught On Camera For The First Time, Showing Key Details

Price Range And Rivals

Tata Nexon EV Max rear

Tata retails the Nexon EV Prime between Rs 14.49 lakh and Rs 17.19 lakh while the Nexon EV Max ranges from Rs 16.49 to Rs 19.54 lakh (ex-showroom Delhi). The Tata Nexon EV range goes up against the Mahindra XUV400 EV. The duo is a more premium option to the MG Comet EV while being an affordable alternative to the MG ZS EV and Hyundai Kona Electric.

Read More on : Nexon EV Max Automatic

News

Roush Performance Introduces Its New 2023 Super Duty Truck

Roush Performance, a renowned company in the performance vehicle industry, has announced its latest creation, the 2023 Super Duty truck. This vehicle promises enhanced performance, stylish design, and premium build quality, setting it apart in the world of high-performance automotive engineering.

The 2023 Super Duty is a fully customizable truck built on the foundations of the Ford F-250 or F-350 Lariat trims. It runs on a powerful 6.7L turbo-diesel V-8 engine, providing ample power and torque for all driving situations.

This truck features numerous upgrades designed to maximize performance and improve handling. It boasts a dual-tipped performance exhaust system, a Roush/Fox suspension for off-road adventures, and an uprated braking system with rugged off-road wheels and tires for optimal grip, durability, and safety. Additionally, it offers ten unique exterior shades for personalization.

Inside the cabin, the 2023 Super Duty showcases a distinctive high-flow front grille with integrated lighting, giving the truck a bold and stylish appearance. The interior is equally impressive, with embroidered Roush headrests, premium leather seating options, and a practical yet elegant design. The truck also comes with WeatherTech floor liners for easy maintenance.

Roush Performance offers customization options through its Roush and Ready packages. The standard package includes a high-flow grille, custom front bumper cover, fender flares with clearance lighting, a performance suspension system, a performance exhaust system, Roush off-road wheels, and much more. Optional upgrades are available at an additional cost.

The 2023 Super Duty by Roush Performance is a powerful truck that combines power, elegance, and customization. With a starting price of $13,400 in addition to the base vehicle’s cost and a 3-year/36,000-mile warranty, it offers an exceptional driving experience and peace of mind for prospective buyers. To learn more about this impressive truck and other performance parts and vehicles by Roush, visit their website or connect with a local Roush dealer.

Technology

5 Of The Best Websites For Finding 3D Print Files

TurboSquid is a leading website for finding 3D print files. It has a vast library of over a million models that can be downloaded and used in various projects. TurboSquid was established in 2000 by a team of 3D artists and has gained millions of active members and customers.

It has become popular among game developers, architects, visual effects studios, advertisers, and other creative professionals worldwide. TurboSquid’s extensive collection provides a time-saving solution for users who need high-quality 3D assets for their projects, allowing them to meet deadlines and focus on essential elements.

One unique aspect of TurboSquid is its marketplace model, where artists can set their own prices for their items. However, TurboSquid provides pricing guidelines to help artists determine appropriate pricing based on factors such as realism, complexity, polycount, file formats, textures, rigging settings, and the age of the model.

TurboSquid also offers additional services like 3D Digital Asset Management, StemCell for seamless model conversions, and Shutterstock Studios for custom asset creation, enhancing its value proposition to users.

When it comes to popular items on TurboSquid, the website offers a wide range of 3D models across various categories. These models have different pricing options based on factors like complexity and quality, giving customers a range of choices to suit their specific needs. TurboSquid also provides different licensing options, including Enhanced Licenses for projects and organizations requiring higher protection and indemnification levels.

BMW

34th BMW International Open: Hillier leads, 13 German players continue into the weekend

+++ 24-year-old Daniel Hillier (-9) from New Zealand holds the lead heading into the weekend +++ Marcel Schneider and Marc Hammer (both -6) are the top German players, tied for fourth place +++ Joost Luiten (NED) records the second hole-in-one of the tournament ++ “Eagles for Education”: the number of eagles reaches 38 +++ Tee times for Saturday +++


Munich. The second round of the BMW International Open at the Golfclub München Eichenried was filled with two important questions. How would the players handle the gusty conditions, and who would make the cut? Michael Hirmer (GER) and Joost Luiten (NED) proved it was still possible to post a good score, both finishing with 66 strokes for the best results of the day. Luiten impressed with a hole-in-one on the eighth hole using a 6 iron from 185 meters, making it the second hole-in-one of the tournament, following Takumi Kanaya of Japan’s achievement at the 12th hole yesterday. However, no hole-in-one has been recorded on the 17th yet, which means the Hole-in-One Prize, a fully-electric BMW i5, is still up for grabs.

Daniel Hillier (NZL, -9) shot a 67 to claim the top spot on the leaderboard, followed by Rasmus Neergaard-Petersen from Denmark (-8), who also carded a round of -5 in his debut tournament on the DP World Tour. Luiten (-7) is in third place heading into the weekend.

Hillier feels completely comfortable during his week at the BMW International Open, not just because of his position. “From the hospitality to the course conditions, everything is just amazing here at the BMW International Open. And the infrastructure to accommodate all the spectators is awesome, you almost get a Major feeling here,” said the New Zealander.

Just one stroke behind, Marc Hammer and Marcel Schneider are among the players tied for fourth place at 6 under par. The two highest-ranked German players have their sights set on the top of the leaderboard and are well-positioned for the weekend. Marcel Siem (-5) should also not be discounted, as he played an impressive round of 68 today.

Schneider attributed his good results to playing in front of a crowd. “I love to play in front of the people: the more that come out, the better it is for me. I’m really enjoying it and it gives me an extra push. I hope that the weekend will see just as many spectators out there, or even a few more than in the first two rounds.”

German golf fans have 13 home players to look forward to on the weekend. Hammer, Schneider, and Siem will be joined by Max Schmitt (-4), Hurly Long (-3), Thomas Rosenmüller (-2), Matti Schmid (-2), Philipp Mejow (-1), Max Kieffer (-1), Michael Hirmer (-1), Jannik de Bruyn (even par), Velten Meyer (even par), and Jonas Baumgartner (AM, even par), all of whom made the cut.

The pros recorded a total of 16 eagles on their Friday scorecards, bringing the overall total to 38. For each eagle at the BMW International Open, the BMW Group will donate 1,000 Euros to the “JOBLINGE” and “Kick ins Leben” organizations, recognizing their longstanding cooperation with the BMW Group in promoting fair opportunities and educational equality.

Hoatong Li (CHN, +13) will not be able to defend his title as last year’s winner, missing the cut. German players Nicolai von Dellingshausen (+1), Nick Bachem (+1), Sebastian Heisele (+3), Freddy Schott (+4), Tim Wiedemeyer (AM, +4), Anton Albers (+5), Alex Cejka (+10), and Alexander Knappe (+11) also didn’t make the cut.

Pierre Pineau (FRA) and Rasmus Hojgaard (DEN) withdrew due to injury on Friday, while Oliver Hundebøll (DEN) was disqualified after signing an incorrect scorecard.

The third round of the BMW International Open at the Golfclub München Eichenried will begin on Saturday at 7:15 am. The PDF document (“Tee times”) contains an overview of all tee times and groups.

You can find the current scores, more information about the BMW International Open, and a livestream at www.bmw-golfsport.com

Gaming, News

Warning: Final Fantasy 16 Spoilers May Be Spreading on Social Media

Regrettably, it’s not uncommon to see major spoilers for video game storylines circulating online just before the game’s release. A similar incident occurred in late October 2022 when Sony alerted “God of War” fans about significant “Ragnarok” spoilers making their rounds online. Despite Sony’s attempts to contain the leaks, once something is released on the internet, it’s nearly impossible to retract. In that particular case, it was discovered that a retailer had started selling physical copies of the game a few weeks before its official launch date. As a result, it’s highly likely that “Final Fantasy 16” leaks may also surface before its release.

Currently, “Final Fantasy 16” can be preordered from the game’s official website, the PlayStation Store, and Amazon. Initially, the game will only be available on the PS5 as a timed exclusive, but it will eventually become available on other platforms for those who prefer to wait. According to one of the teaser trailers, the game will launch on platforms other than the PS5 on December 31, 2023.

PeugeotUk

PEUGEOT AND YELLOWKORNER TEAM UP TO CHALLENGE FIVE PHOTOGRAPHERS TO DEFINE ALLURE

PEUGEOT has partnered with leading publisher and distributor of art photographs, YellowKorner, to offer five photographers the opportunity to define their vision of Allure. The resulting images will be exhibited in YellowKorner galleries and the PEUGEOT network from October onwards.

 

PEUGEOT believes the world is better with Allure, with a vision for the future that should be imagined with style, creativity, and ambition with a human-centric approach. Allure is key to the PEUGEOT brand and is much more than the expression of outstanding design. It is also a state of mind, an attitude and behaviour that goes far beyond mere appearance.

 

YellowKorner is the leading publisher and distributor of art photographs through a network of 130 galleries in 20 countries and the yellowkorner.com online gallery.

 

The partnership will see five renowned photographers interpret the concept of ‘Allure’ within their own creative universe by creating a set of 15 images each. Three of these images will feature a model from the PEUGEOT range chosen by the artist.

 

The collaboration was launched at the Venice International Photography Festival on 20th April, of which YellowKorner is a partner. YellowKorner invited PEUGEOT to the opening ceremony of the festival, during which a film was presented introducing the partnership and the vision of the five selected photographers.

 

Five photographers, five concepts of Allure

Teresa Freitas: “Finding Allure in Colours” in Morocco

Laurent Baheux: “Allure of the Lion” in Kenya

Mister Fifou: “The Pride of Allure” in the Suburbs of Paris

Laurence Laborie: “Feminine Allure” in Lanzarote

Oliviero Toscani: “The Landscape of Allure” in Tuscany

 

The images will be displayed from October 2023 in YellowKorner galleries and on the YellowKorner website. They will also be displayed in a private viewing, with the photographers present, at some of the largest YellowKorner galleries in Europe. The images will also be displayed across the PEUGEOT network and as with all works published by YellowKorner, the photos from the collaboration with PEUGEOT will be available for purchase by the public.

 

Empowered by this ambition, PEUGEOT wants to promote this optimistic vision and become a true ‘Allure Activist’. The partnership with YellowKorner is the latest in a series of collaborations between PEUGEOT and the visual arts. Recently, artistic collaborations with Emeric Tchatchoua, founder of clothing brand 3.PARADIS and the visual artist J. Demsky have also been revealed to the public.