The investment is led by Brazilian group OutField, an international consortium co-founded by Pedro Olivera, and includes Georgios Frangulis, CEO of global health-food brand OakBerry.
Four times Formula One world champion Max Verstappen and partner Kelly Piquet announced the birth of daughter Lily on Friday.
Red Bull's Max Verstappen won the Qatar Grand Prix on Sunday with the battle for the constructor's title going down to next weekend's Abu Dhabi season-ender
Oscar Piastri won the Azerbaijan Grand Prix and sent McLaren top of the constructors' standings in a race that finished with a virtual safety car after a penultimate lap collision between Ferrari's Carlos Sainz and Red Bull's Sergio Perez.
Lando Norris led a McLaren front row sweep in qualifying for the season-ending Abu Dhabi Grand Prix on Saturday
Lewis Hamilton will bring down the curtain on his Mercedes career in Abu Dhabi on Sunday as his past and future Formula One teams, McLaren and Ferrari, fight for a constructors' title to end years of waiting.
McLaren are leading the constructor's championship but are only 29 points ahead of Ferrari, with Leclerc an obvious threat and team mate Carlos Sainz qualifying fifth and Mercedes' George Russell sixth.
Leclerc was 11 seconds clear with seven laps to go and 8.3 ahead with five remaining as the massed ranks of 'tifosi' willed him on.
McLaren's Lando Norris hailed the best qualifying lap of his career after beating F1 leader Max Verstappen to pole position at the US Grand Prix.
The win was a first for Ferrari in Mexico since 1990 and fourth of Carlos Sainz's career.
Red Bull's Max Verstappen equalled Ayrton Senna's record of eight pole positions in a row.
Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand Prix on Saturday.
Ferrari's Carlos Sainz won the Australian Grand Prix on Sunday in a triumphant return two weeks after appendicitis surgery as Red Bull's World champion Max Verstappen suffered his first retirement in two years.
Max Verstappen won Formula One's first Chinese Grand Prix in five years on Sunday.
It was the first time Verstappen, winner of a record 19 of 22 races last year, has won the first two races of a season. He has also won 19 of the last 20.
Verstappen's hopes of a record-extending 11th successive victory looked a long shot on a city circuit where overtaking is never easy.
Formula One drivers expressed shock after the sport's governing body quadrupled the amount stewards can fine them to a maximum of one million euros ($1.06 million).
The victory at Suzuka was the Dutch driver's 13th in 16 races this season and left him on the brink of a third world title.
Carlos Sainz lapped Monza's "Temple of Speed" with a fastest time of one minute 20.294 seconds, 0.013 quicker than Max Verstappen's final flying lap.
Formula One leader Max Verstappen won the British Grand Prix on Sunday as Red Bull stayed unbeaten in 2023 and equalled McLaren's 1988 record run of 11 victories in a row.
Max Verstappen became the first Formula One driver to take 16 victories in a season
A spectator at the Formula One Australian Grand Prix suffered a cut to his arm when struck by a piece of debris from Kevin Magnussen's car.
Ferrari's Carlos Sainz won the Singapore Grand Prix on Sunday to end Formula One leader Max Verstappen's record run of 10 wins in a row.
Max Verstappen signed off on a dominant 2022 Formula One campaign with a record-extending 15th win of the year
Renault driver Kevin Magnussen has been given the green light to race in Sunday's Italian Grand Prix after passing a fitness check at Monza, the Formula One team said.
Haas had argued that Alonso's car was in an unsafe condition after a collision because the right-hand mirror, which eventually fell off, was moving around. They also made the point they had been shown a black and orange flag, requiring a driver to pit due to mechanical problems or loose bodywork, on three occasions this season.
Max Verstappen led a soggy Monaco Grand Prix from start to finish on Sunday
Kevin Magnussen was taken to hospital for precautionary checks after suffering a cut to his left ankle in a high-speed crash at the Belgian Formula One Grand Prix on Sunday, his Renault team said.
Max Verstappen clinched his second win of the season as the Australian Grand Prix was halted with three red flags.
Max Verstappen won the Miami Grand Prix from ninth on the starting grid with a masterful display of tyre management on Sunday.
Ferrari's Charles Leclerc secured pole position for the Singapore Grand Prix on Saturday after a furious Max Verstappen was forced to abandon his fastest lap for fear of running out of fuel.
Sergio Perez won the Saudi Arabian Grand Prix from pole position in a Red Bull one-two on Sunday with Max Verstappen staying top of the championship after racing from 15th to second.
Leclerc had seized the lead at the start, and held it through an initial safety car period, before Verstappen made up for his poor getaway and passed the Monegasque -- whose tyres were fading fast -- with a late move around the outside.
Verstappen goes into the Formula One record books as the pole setter for the weekend, however, regardless of where he starts on Sunday.
Ferrari's Carlos Sainz claimed his first Formula One victory on Sunday in a thrilling British Grand Prix halted by a first-lap crash and with the added mayhem of a track invasion by protesters.
Max Verstappen won the Spanish Grand Prix in a Red Bull one-two on Sunday
Charles Leclerc took pole position for Ferrari in crash-laden qualifying for the Australian Grand Prix on Saturday, pipping Red Bull's World champion Max Verstappen on the upgraded Albert Park circuit.
Max Verstappen put Red Bull on pole position for the Canadian Grand Prix with Alpine's Fernando Alonso leaping onto the front row alongside the Formula One championship leader in a wet qualifying on Saturday.
Ferrari's Charles Leclerc claimed pole position at the end of Qualifying at the Spanish Grand Prix.
The pole was Leclerc's seventh of the season and 16th of his career.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances