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TimesLIVE
08-07-2025
- Automotive
- TimesLIVE
F1 could return to naturally aspirated V8s by 2029, says Ben Sulayem
Formula One could go back to using noisy V8 engines with fully sustainable fuel by 2029 at the earliest, according to FIA president Mohammed Ben Sulayem. The sport is entering a new engine era next season, but the head of the governing body suggested last February that a return to the naturally aspirated V8s or V10s was being considered after that. The V8 engines were last used in 2013 before the 1.6l turbocharged V6 units. "The engine is so complicated, you have no idea, and it is costly," Ben Sulayem told reporters at the weekend's British Grand Prix. "R&D is reaching $200m (R3,562,554,000), and the engine is costing about $1.8m (R32m) to $2.1m (R37.4m), so if we go with a straight V8, let's see. "Many manufacturers produce V8s in their cars, so commercially it's correct. How much is it? You drop it. The target is more than 50% in everything." Ben Sulayem said the V8 engine would also have significant weight advantages and the sound would be welcomed by nostalgic fans and the new generation. "To us, the V8 is happening. With the teams, I'm very optimistic and happy about it. FOM (Formula One Management) are supportive, the teams are realising it is the right way," he said. "We need to do it soon. You need three years, so hopefully by 2029 we have something there, but the fuel is also very expensive, and we have to be very careful with that. Transmissions are very expensive." Ben Sulayem also spoke about the possibility of a Chinese team filling the final 12th slot, something he has mentioned before, and said he felt the sport needed more cars rather than more races. "The time will come when we feel it is right to open an expression of interest," he said about filling the 12th slot. "We are not here to upset other teams. It won't be go and do it for the sake of doing it. It has to be worth it for us. The team has to add value to sustaining the business of Formula One." General Motors' Cadillac brand is due to become the 11th team next season, a slot won after initial resistance from the other teams and Liberty Media-owned Formula One.
Business Recorder
11-06-2025
- Business
- Business Recorder
Gold price per tola gain Rs600 in Pakistan
Gold prices in Pakistan increased on Wednesday in line with their surge in the international market. In the local market, gold price per tola reached Rs352,900 after it gained Rs600 during the day. Similarly, 10-gram gold was sold at Rs302,554 after it gained Rs514, according to the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Tuesday, gold price per tola reached Rs352,300 after a decline of Rs6,100 during the day. The international rate of gold also surged on Wednesday. The rate was at $3,345 per ounce (with a premium of $20), an increase of $6, as per APGJSA. Meanwhile, silver price per tola remained stable at Rs3,745.
Yahoo
11-06-2025
- Sport
- Yahoo
Juan Soto Sends Message After Having Words With Nationals Pitcher
Juan Soto Sends Message After Having Words With Nationals Pitcher originally appeared on Athlon Sports. It's been nearly three years since New York Mets slugger Juan Soto played for the Washington Nationals, but he is forever cemented in the latter club's lore. The four-time All-Star signed with it as an international free agent in 2015, and it developed him into a future Hall of Famer. Advertisement The Nationals called up a 19-year-old Soto in May 2018, making him the league's youngest player at the time. The five-time Silver Slugger led them to their first-ever World Series title just one season later, slashing .277/.373/.554 with five homers and 14 RBI over 17 playoff games. Washington then traded Soto and Josh Bell to the San Diego Padres in August 2022 for CJ Abrams, MacKenzie Gore, Robert Hassell, James Wood, Jarlin Susana, and Luke Voit. Fast-forward to Tuesday, and Soto smacked a 373-foot solo homer to left center off of Gore in the third inning of the Mets-Nationals game. The 26-year-old shared what he said to Gore as he rounded the bases, via Anthony DiComo. New York Mets outfielder Juan Soto (26).Gary A. Vasquez-Imagn Images "We were saying hi to each other. That's it," he insisted. Advertisement New York won the game 5-4 after Jeff McNeil's walk-off double in the 10th inning. Soto finished the contest 2-for-4 with the homer, two RBI, and two runs scored. The 6-foot-1-inch, 224-pounder is now slashing .248/.386/.454 with 12 home runs and 33 RBI across 66 games. The Mets are five games ahead of the Philadelphia Phillies for first place in the NL East and a half-game behind the Detroit Tigers for baseball's best record. Related: Mets React to Major Pete Alonso News on Monday Related: Juan Soto Had 6-Word Pete Alonso Message After Rockies Game This story was originally reported by Athlon Sports on Jun 11, 2025, where it first appeared.
Express Tribune
22-05-2025
- Business
- Express Tribune
Gold jumps Rs6,600 on global rally
Globally, gold prices rose for a third straight session, helped by a softer dollar and safe-haven demand amid economic and geopolitical uncertainty. photo: Reuters Listen to article Gold prices in Pakistan surged on Wednesday in tandem with gains in the international market, where bullion extended its upward streak for a third consecutive session, reaching a one-week high. The global rally was driven by a softer US dollar and renewed safe-haven demand amid prevailing economic and geopolitical uncertainty. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola in the domestic market rose sharply by Rs6,600, settling at Rs349,400. Similarly, the rate for 10 grams increased by Rs5,659 to Rs299,554. A day earlier, gold prices had edged up by Rs300 per tola, reaching Rs342,800. Adnan Agar, Director at Interactive Commodities, noted that while gold is currently trading around $3,310 in the international market, it faces significant resistance near the $3,350 level. "There is potential for further upside if this resistance is breached, possibly pushing prices toward $3,380 and $3,420," he said. "However, if the market fails to break this level, a pullback toward $3,280 or even $3,270 is likely." He added that trading remains relatively subdued, with gradual movement and limited momentum compared to previous sessions. Market activity may also be affected by the upcoming US bank holiday on Monday, which could influence global trading volumes and price direction in the short term. Globally, gold prices rose for a third straight session on Wednesday and hit a one-week high, helped by a softer dollar and safe-haven demand amid economic and geopolitical uncertainty. Spot gold was up 0.7% at $3,312.51 an ounce, as of 1553 GMT. US gold futures climbed 0.9% to $3,315.60. The US dollar fell 0.6% against a range of other currencies, making gold less expensive to buy for overseas currency holders. Wall Street's main indexes slipped and government bond yields rose, as investors closely watched a pivotal debate over US President Donald Trump's tax-cut bill that has fanned concerns about the country's growing debt. The Pakistani rupee weakened slightly against the US dollar in the interbank market on Wednesday, posting a minor depreciation of 0.02%. By the day's end, the local currency closed at 281.97, slipping by five paisas compared to the previous day's close of 281.92. Ismail Iqbal Securities wrote that on a cumulative basis, the local currency has depreciated by 1.21% since the beginning of the calendar year (CYTD) and by 1.29% since the start of the fiscal year (FYTD).
Business Recorder
22-05-2025
- Business
- Business Recorder
Gold prices post huge gains
KARACHI: Gold continued with big strides on Wednesday as world market registered huge gains, crossing $3,300 per ounce, traders said. Local gold prices grew by Rs6,600 per tola and Rs5,659 per 10 grams, marking the fifth consecutive session of gains. This rise was driven by a $66 surge in global bullion prices, trading at $3,310 per ounce. Thus, the fresh surge took the gold prices to Rs349,400 per tola and Rs299,554 per 10 grams, according to All Pakistan Sarafa Gems and Jewellers Association. Domestic silver prices soared by Rs56 and Rs49, reaching Rs3,466 per tola and Rs2,971 per 10 grams, respectively. International market closed silver trading at just over $33 per ounce, the association added. Copyright Business Recorder, 2025
