The company has embedded intelligence in every layer of its value chain, marked by predictive maintenance, AI-powered image recognition and robotic automation.
Sauber are to follow Ferrari and champions Red Bull out of the Formula One teams' association FOTA in a broadening rupture over cost-cutting measures in the sport.
World Champions Red Bull and rivals Ferrari will withdraw from the Formula One Teams Association (FOTA) after failure to reach agreement over cost cutting measures.
Hispania (HRT) are no longer part of the Formula One Teams Association because they failed to pay their membership dues, the body's general secretary said.
The Eicher Pro X is assembled on an all-women assembly line.
The threat of a breakaway Formula One series loomed again Wednesday after Ferrari and seven other teams walked out of talks in Germany with the governing body and warned that the sport's future was at risk.
Force India face suspension from the Formula One Teams Association (FOTA) for breaking with the group by submitting an unconditional entry for next year's championship, Toyota's John Howett said Friday. 'I think that it is the intention of FOTA to suspend them,' Howett, vice-chairman of FOTA, told a news conference at the Turkish Grand Prix.
Formula One's governing body said on Friday it would sue champions Ferrari and other teams for planning a breakaway series. 'The FIA's lawyers have now examined the FOTA (Formula One Teams Association) threat to begin a breakaway series,' the International Automobile Federation (FIA) said in a statement at the British Grand Prix.
Formula One moved closer to the edge on Tuesday when the governing body said crisis talks with teams had broken down and next year's controversial rules remained unchanged. Financial experts from the teams association (FOTA) and International Automobile Federation (FIA) had met on Monday to try and overcome a standoff over a budget cap that threatens to tear the sport apart.
demanded that the inaugural Indian Grand Prix keep its original October 30 date for logistical reasons.
Formula One teams and the sport's governing body said Tuesday that they had agreed "significant" cost savings for 2009 and 2010.
McLaren team boss Martin Whitmarsh has played down fears that a tax wrangle could jeopardise next month's inaugural Indian Formula One Grand Prix. The Briton, who is chairman of the teams' association FOTA, said Indian tax law posed a problem but rejected speculation that it could be serious enough to prevent the teams travelling to Delhi for the October 30 race.
Williams and Force India have rejoined the Formula One Teams' Association as full members after being suspended earlier in the season, FOTA said on Wednesday. The association, which represents the teams as a united body in talks with the governing FIA and commercial rights holder, said in a statement after an executive committee meeting it had welcomed them back while also remaining open to new entrants.
The future of Formula One was secured on Saturday after the governing body (FIA) and the 12 teams signed a new Concorde Agreement to safeguard the sport until 2012.
Ferrari president Luca di Montezemolo has avoided entering into a new public row with Max Mosley by largely ignoring the FIA president's fresh threats about the future of the Formula One.
The Formula One Teams Association (FOTA) appointed Ferrari president Luca di Montezemolo as their first chairman on Thursday after an inaugural meeting at the Italian Grand Prix. The 10 teams set up the association to work with the governing International Automobile Federation (FIA) and commercial rights holders to find ways of improving the show while spending less and increasing revenue.
Formula One's governing body has urged teams to build on cost-cutting measures for this year by taking further steps for the future, including possible voluntary budget caps.
Formula One plunged into its biggest crisis in 60 years on Friday with eight of the 10 teams announcing plans to set up their own championship.
The prospect of Ferrari pulling out of Formula One at the end of the year receded on Friday when the champions joined all the other teams in signing up conditionally for 2010.
With just five races to go before the Kinetic Energy Recovery System (KERS) becomes history, Force India Formula One team has closed that option, saying it is not worth the money or hassle. Force India chairman Vijay Mallya said introducing KERS at this stage would not only upset the car's balance but also burn a hole in his pocket.
The FIA was waging war with the FOTA over rules and regulations for the 2010 season and beyond. The teams threatened to walk away and start their own series, and they almost did. Here's a quick FAQ to give you a basic idea of what went down.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances