Mercedes-GP say Ferrari not involved in F1 data case



LONDON // Mercedes have no reason to suspect any confidential engine data downloaded by a departing employee has fallen into Ferrari’s hands, the Formula One world champions said on Tuesday.

The team, who are taking legal action against engineer Ben Hoyle, said on their website (www.mercedesamgf1.com) that internal investigations were ongoing to protect against potential damage to them or others.

Mercedes, whose drivers are triple champion Lewis Hamilton and Germany’s Nico Rosberg, said the probe was likely to continue for another two to four months and until they could conclude all confidential information had been recovered.

“The investigation has shown no reason to believe that information has been transferred to Ferrari,” the British-based team said.

“Nor have any of the court documents made any allegation regarding any inappropriate conduct by Ferrari.”

“Mercedes will continue to protect its interests, including carrying on the legal proceedings against Mr Hoyle, and continue to protect against potential inappropriate transfer of confidential information within the motorsport industry.”

Formula One’s dominant team said last week they were taking legal action against the High Performance Powertrains (HPP) engineer who had handed in his notice and was due to leave at the end of the year.

HPP design, build and supply the team’s power units.

While court documents had indicated Hoyle was intending to join Ferrari, the Italian team denied that was the case and said there was no formal contract between them.

“What he did concerns only him and the company he was working for,” a Ferrari spokesman said last week. “We are not involved in this.”

Ferrari are Mercedes’s closest rivals after making big improvements to their power unit and performance following a dismal 2014 season in which they failed to win a race.

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WandaVision

Starring: Elizabeth Olsen, Paul Bettany

Directed by: Matt Shakman

Rating: Four stars

Defined benefit and defined contribution schemes explained

Defined Benefit Plan (DB)

A defined benefit plan is where the benefit is defined by a formula, typically length of service to and salary at date of leaving.

Defined Contribution Plan (DC) 

A defined contribution plan is where the benefit depends on the amount of money put into the plan for an employee, and how much investment return is earned on those contributions.

A Long Way Home by Peter Carey
Faber & Faber

How to register as a donor

1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention

2) There are about 11,000 patients in the country in need of organ transplants

3) People must be over 21. Emiratis and residents can register. 

4) The campaign uses the hashtag  #donate_hope

COMPANY%20PROFILE
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Call of Duty: Black Ops 6

Developer: Treyarch, Raven Software
Publisher:  Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5

Company%20Profile
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Company%20Profile
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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
COMPANY%20PROFILE
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If you go...

Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.

Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50

BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait


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