Tag Archives: Office

Investigation Launched into Bright “X” Sign at Twitter Headquarters

Twitter headquarters is once again facing trouble over its recent rebranding efforts. The company had begun dismantling its vertical Twitter sign without informing the property owner, leading to law enforcement halting the work midway. As a result, only the “er” part of the logo remained intact.

A complaint about an “unsafe sign” was filed with the San Francisco Department of Building Inspection regarding the “@” symbol on the vertical branding board. Inspectors were worried that it could fall and cause harm to pedestrians. Both the “@” symbol and the remaining “er” sections of the sign have since been taken down. It is uncertain whether Twitter will have to remove its new illuminated sign on top of the building.

In addition to the sign investigation, Twitter’s rebranding has faced ongoing criticism, and there are concerns about potential legal issues related to their use of the letter “X.” Meta and Microsoft own trademarks for the letter “X,” and as Meta now competes directly with Twitter through its own microblogging platform called Threads, there might be a possibility of courtroom drama in the future.

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

Watch: Onboard POV Footage Of Davey Todd in the Isle Of Man TT 2023

Just another day in the office for Davey Todd, but a frightful and heart-pounding one for others. Check out this British racer’s run on the Isle of Man TT, aboard his Honda. 

Hear that idle? That is the sound of Davey’s CBR1000RR-R with its 180-degree inline-four pumping out over 200 ponies of power, on some sticky rubber, and just about ready to go tackle the course. Hearing an inline-four engine spool up is still an amazing experience for many, and let’s grace your screens with a show of sights, sounds, and screams. 

Davey Todd races for the Padgett’s Motorcycles Honda team, and the conditions were great on the day of the race, enough for the onboard footage to look clear and for the bike to run at full tilt. 

Posted on the Isle of Man TT’s YouTube channel, in addition to special on-board footage, the channel also has more content for you to digest such as highlights, round-ups, and more. 

It’s interesting to see just how much the rider’s head shifts and moves during these high-speed Isle of Man TT races. TT riders are often touted as the most daring in the world, going in excess of 150 miles per hour and easily averaging over 120 miles per hour per run. 

The intensity going at that speed will be enough to make most riders slow down and let off the throttle, but these racers are truly a different breed, unleashing everything that their race bikes have to offer, and Davey Todd is no exception. 

The entire video goes on and on for 18 minutes of intense high-speed action, and it is a testament to the training and the planning that Isle of Man TT racers undergo for just about 20 minutes of some of the most intense riding in the world. Death is a common occurrence at these speeds, and many riders have unfortunately lost their lives to this grand spectacle of an event. 

So, that’s that. Check the video out, because it’s a rare glimpse for us, mere mortals, to see what goes on aboard these TT race bikes, or you can enter the TT in the virtual world courtesy of a video game. 

ROLLS-ROYCE GHOST EXTENDED: A WORK OF ART FROM THE PRIVATE OFFICE DUBAI

  • The first Private Office Dubai commission revealed: An exceptional two-tone Ghost Extended in Sunrise Sparkle and White Sands Bespoke exterior colours
  • Ghost Extended offers the indulgence of enhanced rear seating space with no compromise to Ghost’s driving dynamics
  • Ghost Extended is the product of an exhaustive process of consultation with a new generation of Rolls-Royce clients
  • Ghost provides the ideal blank canvas for Bespoke commissions


Since the inauguration last July of the Private Office Dubai, the first Private Office outside the UK, I am thrilled to say that our clients have been immersing themselves in a n unrivalled creative environment. Bringing Goodwood to the Middle East, the Private Office is a space which provides a unique experience; it’s where our clients can bring their ideas to life and explore the marque’s Home and people in real-time, via seamless technology. The success of this concept is clear to see as the Private Office’s first commission is revealed: a mesmerizing Ghost Extended work of art.”
César Habib, Regional Director Middle East & Africa, Rolls-Royce Motor Cars

Rolls-Royce Motor Cars’ unrivalled Bespoke capabilities, endless creativity and excellence in engineering enable the marque’s clients to give their imagination free rein, as they commission their unique and deeply personal motor car. Nowhere is this more apparent than in the Private Office – a concept which brings together clients, designers and engineers and which is being expanded from Goodwood to other major luxury centres around the world. Private Office Dubai was the first to be inaugurated outside the Home of Rolls-Royce, more will follow in due course.

Only eleven months since Private Office Dubai was opened, Rolls-Royce is delighted to present the first commission from the Office: displaying dazzling craftsmanship and great creativity, this Bespoke presentation of Ghost Extended is a true work of art.

Reflecting an evolved appreciation of luxury, one defined by purity, but underpinned by great substance, Ghost Extended embodies elegance and agility. The purest expression of Rolls-Royce, it is a motor car that inspires greatness.

Inspired by the magic of the Middle Eastern sunrise and the mystery of the Arabian sands, this Bespoke Ghost Extended radiates luxury, capturing the imagination as its Sunrise Sparkle exterior gleams against Dubai’s skyline. Guided by the Spirit of Ecstasy, and enhanced by the hand painted Coachline in Moccasin, a single, sculpted shoulder line extends from the front to back, creating a continuous silhouette. Elegantly luminous in the dark of the night, the illuminated Pantheon Grille emits an ethereal glow.

The interior of this Bespoke Ghost Extended is defined by elegance. A serene realm in Grace White and Moccasin, cocooned by the finest materials, drivers and passengers alike are transfixed by a rarefied vision of pure beauty, as the Starlight Headliner is emphasised with an ephemeral show of shooting stars.

Ghost Extended is built on the Architecture of Luxury, Rolls-Royce’s proprietary all-aluminium spaceframe that underpins every Rolls-Royce model. The marque’s hallmark Magic Carpet Ride is delivered by the marque’s unrivalled Planar Suspension System, itself the result of more than 10 years’ exhaustive testing and refinement by specialist engineers. Featuring continuously variable, electronically controlled shock absorbers, self-levelling high-volume air strut assemblies and a world-first upper wishbone damper; Ghost and Ghost Extended are the first-ever production motor cars to benefit from this spectacular technology, with Ghost Extended also offering all-wheel drive and all-wheel steering.

Power is provided by a 6.75-litre twin turbocharged engine developed exclusively for Ghost. It produces 571PS and 850Nm of torque. The requirement for silence when travelling is answered through 100kg of acoustic damping materials incorporated into the chassis, bodywork and tyres, delivering exhilarating performance without disturbing the serenity within.

“Ghost presents a world of boundless potential, and t his Bespoke Ghost Extended is another example of what we are capable of creating . Ghost, like every Rolls-Royce, presents a perfect blank canvas where we can inspire greatness with ambitious creativity and endless elegant possibilities. Whether it’s a Ghost, Ghost Extended or even Black Badge Ghost, there are no limits to what Ghost can become – all one has to do is imagine.”
Chris Hardy, Bespoke Client Experience Manager – Private Office Dubai

NEDCcorr (combined): CO2 emission: 343 g/km; Fuel consumption: 18.8 mpg / 15.0 l/100km WLTP (combined): CO2 emission: 348-359 g/km; Fuel consumption: 18-18.5 mpg / 15.3-15.7 l/100km.