Tag Archives: online

Featured

RM Sotheby’s Schumacher Automobilia Auction Surpasses $2.6 Million

RM Sotheby’s organized an online event featuring memorabilia from the illustrious career of seven-time Formula 1 World Champion Michael Schumacher. The auction garnered significant attention due to the growing global interest in Formula 1 and its legendary figures. The highlight of the auction was the helmets worn by Schumacher, with each selling for over $100,000. The event also showcased items autographed by other Formula 1 legends, including Ayrton Senna and Alain Prost, which added to the appeal for collectors and fans alike.

The numbers from the auction are impressive: the total sales reached $2,604,876, surpassing the pre-auction high estimate of $1,791,850 by a remarkable 68.8%. Notably, 94 out of the 159 lots sold for prices higher than their projected values, demonstrating the strong demand for these collectibles. Bidders from 35 different countries participated in the auction, and an astonishing 64% of them were first-time participants in this type of event.

  • 2003 Michael Schumacher Schuberth Scuderia Ferrari Formula 1 Helmet – $120,000
  • 2004 Michael Schumacher Schuberth Scuderia Ferrari Formula 1 Helmet – $109,200
  • 2001 Michael Schumacher Schuberth Scuderia Ferrari Formula 1 Helmet – $109,200
  • 2001 Michael Schumacher Schuberth Scuderia Ferrari Formula 1 Helmet – $98,400
  • 2002 Michael Schumacher Schuberth Scuderia Ferrari Formula 1 Helmet – $97,200
  • 2002 Michael Schumacher Schuberth Scuderia Ferrari Formula 1 Helmet – $87,600
  • 2002 Michael Schumacher Schuberth Scuderia Ferrari Formula 1 Helmet – $87,600
  • 2001 Michael Schumacher Schuberth Scuderia Ferrari Formula 1 Helmet – $85,200
  • 1994 Michael Schumacher Bell Benetton Formula 1 Helmet – $79,200
  • 2003 Michael Schumacher Scuderia Ferrari OMP Formula 1 Signed Racing Suit – $78,000

This remarkable event solidifies the lasting legacy of figures like Michael Schumacher in the Formula 1 world and the increasing interest in racing memorabilia as an investment and means of preserving history. With no reserves on any items, the auction served as a litmus test for the real-world value of these artifacts, and the results were conclusive. It is a victory for both RM Sotheby’s and the growing community of Formula 1 collectors. To see all the current RM Sotheby’s inventory for sale on duPont REGISTRY, click the link below.

View All RM Sotheby’s Inventory

Motorsport

2024 Mini Cooper EV Fully Revealed As Urban Three-Door Hatchback

The all-new electric Mini Cooper, which has been the subject of numerous leaks and official information over the past six months, has finally been fully revealed by the BMW-owned British brand.

The zero-emissions three-door hatch, officially named Mini Cooper, will make its public debut at IAA 2023 in Munich on September 5. It will be available in two versions: Mini Cooper E and Mini Cooper SE.

The base version of the Mini Cooper EV features a front-mounted electric motor that generates 181 horsepower (135 kilowatts) and 213 pound-feet (290 Newton-meters) of torque. This allows the battery-powered hatch to accelerate from 0 to 62 miles per hour in 7.3 seconds.


Technology

TikTok Head Dent Debunked: Why You Don’t Have To Worry About Your Headphones

The myth of the headphone dent can be easily debunked, but the online uproar surrounding it brings attention to a larger problem. With the rise of various social networks and different levels of content moderation, spreading misinformation online has become easier than ever before.

A recent study from the University of Southern California found that network algorithms are more responsible for promoting inaccurate news or facts on social media platforms than actual users. While the exact reasons for this phenomenon are still uncertain, the study discovered that platforms often encourage users to develop habits of sharing information in order to gain more attention to their profiles. On the other hand, the moderation and fact-checking systems are not as appealing, resulting in a greater incentivization of misinformation.

Although this issue appears to be prevalent across social media in general, some researchers are particularly concerned about TikTok’s role in spreading misinformation. An investigation by NewsGuard revealed that over 20 percent of news-related TikTok videos, ranging from five seconds to ten minutes in length, contain some level of misinformation. Another study from the University of Illinois outlines the tactics used to spread false information, such as misspelled hashtags. It also suggests that the fast-paced video format of TikTok allows users to consume more content within a short period of time, potentially leading to an algorithm filled with misinformation. While the panic surrounding the permanent headphone dent is relatively minor as a case of misinformation, it raises broader questions about the current state of information distribution online.

Motorsport

Sotheby’s And Motorsport Network Launch Sotheby’s Motorsport

A new online automotive auction destination called Sotheby’s Motorsport has been launched, with a focus on 21st-century sports, exotic, and luxury vehicles priced from over $100,000 to approximately $1,000,000.

The joint venture between RM Sotheby’s and Motorsport Network aims to provide a high-touch experience for users in the growing online car auction sector.

RM Sotheby’s is the world’s largest auction house by total sales, known for selling rare, desirable, and highly-collectable cars through live auctions and bespoke online sales. Motorsport Network is a globally recognized voice for motorsport, with a range of popular publications and websites.

The partnership between the two leading firms aims to combine the best aspects of live in-person and online auctions, offering both buyers and sellers a trusted, high-touch experience for successful transactions.

Sotheby’s Motorsport focuses on providing a luxury experience in the high-end automotive market, which accounts for $20 billion in annual sales in the United States. By offering superior service, confidence, and client satisfaction, the platform aims to serve this untapped market. Chip Perry, Chief Executive Officer of Sotheby’s Motorsport, stated that the platform will ensure white-glove service from start to finish, providing a curated selection of vehicles and a seamless transaction process.

Sotheby’s Motorsport offers unedited high-resolution images, driving videos, and comprehensive inspections for each listing. It also features a Proxy Bidding feature, which allows bidders to set a maximum bid and win the auction without being present at the close.

For sellers, Sotheby’s Motorsport provides a comprehensive white-glove service, taking care of all aspects of the listing process, including photography, videography, inspections, and legal documentation. The platform ensures that all bidders are securely vetted in advance to ensure a smooth transaction.

The inaugural auctions for Sotheby’s Motorsport will take place during Monterey Car Week, with bidding opening on August 15 and concluding on August 22. The platform is currently available to buyers globally and sellers with vehicles registered in the United States, with plans for international expansion in the future.

Opinion

Matt Prior: Defending the Festival of Speed

Recently, my local pub received a two-star review from a disappointed customer who arrived to find it closed. The customer had relied on outdated information from the pub’s previous owner, who had created a website but never maintained it properly. Without verifying the information or contacting the pub, the customer left a negative review. This unfair criticism affected the current landlord, who is working hard to make the pub successful. Despite hundreds of satisfied customers, even if five more visitors were to leave five-star ratings, the average rating would only increase to 4.5. This situation reminds me of the saying, “no good deed goes unpunished.”

Now, let’s talk about the Goodwood Festival of Speed. This event is one of the most significant and successful gatherings in the motoring world. It’s essentially the British motor show and is enjoyed by all participants. However, The Sun newspaper recently managed to find a few individuals in Chichester who are unhappy with the festival due to the temporary traffic congestion it causes. The oldest complainant, who is 66 years old, was born several years after the motor circuit held its first race. Even during times when competitive racing wasn’t taking place, there were always regular motorsport activities at Goodwood. I personally have attended track days and experienced a Formula Ford event at Goodwood back in the early 1990s.

One of the complainants mentioned that they are “not into cars,” which is like living in Wembley (known for football) and complaining about football. Goodwood has been hosting motor racing since 1948 and has been attracting crowds since horse racing began there in 1802. In fact, the largest one-day crowd at Goodwood was recorded in 1955, with 55,000 attendees. I understand that traffic can be challenging during the festival, especially on the A27, which is already busy. However, it’s only a few days a year. Additionally, suggesting major road construction on the south coast would undoubtedly cause even more disruption.

Another complaint was that the festival should take place elsewhere. This argument is often made by people who live near busy roads, which I can sympathize with. Personally, I believe that public roads are best enjoyed when they are less crowded. Recently, I read Steve Cropley’s column in which he mentioned discovering new roads near his home that he didn’t know existed. I had a similar experience when I test rode some Ducati motorcycles a few miles from my house. I was directed to roads that I didn’t even realize were there, and I believe it’s better to keep their location undisclosed for my own enjoyment.

News

Used car advert tool tackles online sales fraud

A new tool has been developed to combat the growing problem of online car sales scams by helping buyers identify suspiciously low-priced adverts. Brego Advert Check is a free online tool that allows users to compare the advertised price of a used vehicle with its estimated dealer price and auction value. If the price seems too good to be true, buyers are advised to exercise caution and visit the dealer in person before proceeding with the purchase. The tool was created in response to a rising number of scams where buyers are tricked into paying a deposit or full payment for a non-existent car that has been intentionally underpriced. These fraudulent sellers are typically unwilling to accept credit card payments, leaving buyers empty-handed.

The co-founder of Brego, Simon Hunt, was motivated to develop the tool after seeing numerous reports of people falling victim to these scams. Hunt noted that the sophistication of the fraudsters indicated that their tactics were proving successful, and he felt compelled to take action. The Advert Check tool was designed within a few days, allowing buyers to input the registration number, mileage, and price of the vehicle they are interested in. They can also provide the website address of the seller, although this is optional. By comparing the selling price to Brego’s dealer price and auction value data, the tool determines the extent of the price discrepancy and informs the buyer accordingly.

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.

News, Technology

Europe May Break Up Google’s Adtech Business Over Alleged Anticompetitive Practices

Europe may soon take action against Google’s adtech business due to alleged anticompetitive practices. The European Commission, after evaluating Google’s dominant position in the online ad industry, has concluded that only divesting part of its services would address competition concerns. This would involve Google selling off its core ad-tech assets. It’s not the first time Google has faced scrutiny for its practices. In January, the Department of Justice filed a lawsuit accusing Google of monopolistic behavior that harmed publishers and advertisers in the US. The Justice Department has also previously indicated support for breaking up Google’s ad-tech conglomerate. Similarly, the United Kingdom’s Competition and Markets Authority is investigating Google’s ad-tech business. European Commissioner for Competition, Margrethe Vestager, states that if Google’s abusive conduct is confirmed, it would be illegal under EU competition rules. Rivals and online publishers have long complained about Google’s extensive control over the online advertising ecosystem, arguing that it gives the company an unfair advantage.

FiatUk

“Pandelleria”, where Panda outnumbers people. The film celebrates the FIAT icon and the workers of its plant

  • “Pandelleria” is now online at this FIAT | WELCOME TO PANDELLERIA – YouTube 
  • The preview of the docufilm was shared with Pomigliano d’Arco plant workers to thank them for contributing to the Panda’s success.
  • Shot in Pantelleria, where there are “more Panda than people”, it is a tribute to the FIAT icon.
  • After more than 40 successful years and almost 8 million units sold, Fiat Panda is the leading city-car in Europe and the most sold vehicle in Italy.
  • Forever FIAT’s “shining star”, the Panda will continue to light the way to the brand’s future.

 

FIAT has paid tribute to the employees of the Giambattista Vico plant in Pomigliano d’Arco, the production site of the timeless Panda, one of the most famous symbols of Made-In-Italy manufacturing throughout the world. Indeed, they are the “artisans” of a successful model, which, along with the iconic 500, has led FIAT to European leadership in the city-car segment. To celebrate and engage its community, FIAT has created the docufilm “Pandelleria,” which, as the title suggests, was shot in Pantelleria, the Sicilian Island famous for its naturalistic beauty and also for being the place with the highest density of Panda in the world.

Olivier Francois, FIAT CEO and Stellantis Global CMO, stated, “After 43 years, Fiat Panda is the leading city-car in Europe and the most sold vehicle in Italy, where it scores a brilliant 8% market share on the overall market, contributing significantly to Stellantis’ performance in the country. To celebrate this genuine symbol of Made-In-Italy manufacturing and to thank the workers at the incredible production site of Pomigliano d’Arco, we have made the docufilm “Pandelleria”. A full preview has been shared one week ago with all workers as a sign of gratitude: they have put an incredible amount of passion and professionality into their work to make sure that Panda’s success never ends. In fact, Panda represents the Italian mover and it will continue to be well in the next years.”.

Set in the middle of the Mediterranean, where Panda of all ages, configurations and colors run all around the island, the docufilm interweaves the beauty and colors of the island with stories of the daily lives of its inhabitants, in which the Panda is ever-present as an inseparable companion.

The 30-minute film shows 14 residents of Pantelleria, who recount their love for the three generations of the Panda. Among them, we find a spiritual guide, a beekeeper, a farmer, a mechanic, a priest, a musician, and many others. All united by their love for the island and for the Fiat Panda, which helps them in their daily activities thanks to its versatility and functionality. Their stories are an emblematic example of the “Panda people” who have chosen and loved this vehicle for its simplicity and affordability. A fun and surreal journey to discover the inhabitants of this small community and their bond with the FIAT icon.
The docufilm was conceived by the Publicis Groupe’s agencies, Leo Burnett and Publicis Sapient, and produced by Twister Film with the direction of the famous documentarian Giovanni Troilo (known for “Power of Rome” and “Vesuvio or: How They Learned to Live Between Volcanoes”).

In addition, exclusively for the Italian market, the project will be amplified thanks to the collaboration with the content creator Gabriele Vagnato, who has produced a series of pills to enrich the stories narrated in the documentary. His ironic and funny interpretation aims to involve the new generations also through the genuinity of the Panda.

The social campaign embodies the essence of Panda, bringing together, in the same idea, two different languages: the documentary on one side and the social contents on the other, in this way speaking to all generations – only how Panda can – maintaining a light and sunny tone of voice.

 

“Giambattista Vico” Stellantis plant in Pomigliano d’Arco

One of the Group’s most advanced production sites, it was inaugurated in 1972 and starting from 2011 it has been assembling the Fiat Panda. A symbol of Made in Italy located in Pomigliano d’Arco, in the nearby of Naples. The industrial complex has won numerous international awards and today continues its drive to reduce the environmental impact of production via continuous improvements, including responsible consumption of energy and water, and quality air and waste management.

Turin, March 6th, 2023