i1 Supercar Series cars are tested at Yas Marina Circuit in Abu Dhabi.
i1 Supercar Series cars are tested at Yas Marina Circuit in Abu Dhabi.

The i1 Superseries lining up two visits to UAE



DUBAI // The confusion surrounding the inaugural i1 Superseries has taken a fresh twist with organisers confirming Kuala Lumpur's Sepang Circuit has been dropped from the calendar with plans now centred on replacing the Malaysian race with an event at Dubai Autodrome.

India's embryonic race series - which is to feature international drivers competing in one-make Radical sports cars - was initially due to start this week in Abu Dhabi, but the schedule has been subject to a series of alterations.

Yesterday, following reports that the season would be postponed by two months to avoid the series' pivotal Indian race clashing with state elections, the countdown clock on the championship's' official website was reset once more.

The new calendar has not been released by series organisers, but Mahesh Reddy, operations manager for the championship, confirmed Dubai Autodrome had been approached to replace Sepang. Reddy added there are still "issues" to be worked out with all the host venues and the FIA, world motorsports' governing body.

A revised calendar obtained by The National has Malaysia dropped from the plan and Qatar's Losail International Circuit in Doha hosting the opening race on February 11. The series then heads to Bahrain two weeks later, before the Emirates host back-to-back races at Yas Marina and Dubai Autodrome in March. The season ends at the Buddh International Circuit in New Delhi on April 1.

A spokesperson for Dubai Autodrome said that while March 16 and 17 had been requested by i1 organisers, no agreement had yet been reached. Officials at Yas Marina are still waiting to hear from i1 officials on the latest plans.

The original concept was for the series to run during the motorsport off-season, but the new calendar would see the Dubai race coincide with the Formula One Australian Grand Prix. Karun Chandhok, the Indian F1 driver, who appeared at the launch event in Abu Dhabi last month, is one of the most high-profile drivers involved, yet is hoping to be in Melbourne for the start of the new F1 season.

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Dunki
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Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Thank You for Banking with Us

Director: Laila Abbas

Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum

Rating: 4/5

Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

While you're here
How to get exposure to gold

Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.

A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.

Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.

Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.

London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long

However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.

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