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fb777 facebook VANCOUVER — Taylor Swift's three-night run at BC Place, closing out the pop star's global Eras Tour, generated daily economic impact for Vancouver that could rival the 2010 Olympics and smashed data streaming records, industry figures say. The CEO of the B.C. Restaurant and Food Services Association, Ian Tostenson, said the shows that ended Sunday had an effect that went far beyond other concert or sporting events in the city. Tostenson said Monday that his group estimates there was a $25 million boost for Metro Vancouver’s establishments for each of the three show days. In comparison, a sold-out, highly anticipated Vancouver Canucks playoff game brings an estimated $3 million a day in economic impact, Tostenson said. “In the context of comparing to anything else, it’s not even believable almost — it’s such a huge impact,” Tostenson said. “I was out a little bit on Friday and Saturday, and every place I went to was absolutely lined up and packed.” Tostenson said the concerts rivalled the Olympics in drawing fans from regions far beyond what a typical playoff hockey game would, and while it is difficult to compare the 2010 Winter Games to the Taylor Swift weekend, the events were in the same magnitude in daily impact on restaurants. “The financial impact of the Olympics was massive, (but) it was spread out over a couple weeks in different venues and stuff,” he said. “So, you didn't sort of feel this concentration that you saw with Taylor Swift.” Tostenson also said Swifties bumped up business across Metro Vancouver all weekend, with one major restaurant owner with multiple locations reporting full capacity not just at its downtown location but also in North Vancouver and Olympic Village. He credits the festive mood brought by fans that had an emotional effect on people in general, which in turn has a major impact on restaurants, an industry built largely on discretionary spending. People consume more when the mood is right, he said. “From a financial point of view, the Olympics probably had a bigger impact,” Tostenson said. “But ... I'm going to venture to estimate that this, on a daily basis compared to the Olympics, was stronger.” Telecommunications giant Rogers said data used during the last show was enough to stream Swift's entire music catalogue 9,450 times. It said in a statement that fans on the company's network set a Canadian record when they used more than 11 terabytes of mobile data in just a few hours at BC Place. The company's chief technology officer Mark Kennedy said Monday that is the equivalent of uploading 307,000 photos and 2,180 hours of video streaming. The previous record was set Nov. 21, when fans at Swift's concert in Toronto used 7.4 terabytes of data on the Rogers network. Music industry publication Pollstar also said Monday that Swift's 149-show worldwide tour brought in revenue of US$2.2 billion in its 20-month run. Vancouver Police thanked residents and visitors for a "safe and memorable weekend." Const. Tania Visintin said in a social media post that police spent months preparing for the shows. "We've had so much fun meeting people of all ages from all around the world, trading friendship bracelets and showing what a great city it can really be when we all look out for one another," she said. Thirteen Swift-themed lighting installations were set up at locations around the city to celebrate the singer's arrival. Suzanne Walters, a spokeswoman for Destination Vancouver, said most of the lit-up letters will be coming down over the next few days, but the “Swiftcouver” display downtown will stay until Dec. 13 — Swift’s birthday. Walters said the letters will be reused for holiday displays over the month of December and then be part of a pool of rentable supplies. Swift told the 60,000 fans in BC Place at Sunday's show that they were part of a tour seen by 10 million people, and that it was the most thrilling chapter of her life to date. She said the legacy of the tour will be "a space of joy and togetherness and love" that the fans have created. Swiftie Alaina Robertson echoed Swift's sentiments after the show, saying she shed lots of tears watching the "once in a lifetime" spectacle. Robertson — who travelled from Camas, Wash., for the show and wore a "Reputation" inspired outfit along with a temporary silver bedazzled snake tattoo — said she doesn't think any other concert will be able to compare. "It's going to be hard to beat," she said of the show. "She's changing the world of music. She's changing entertainment entirely, and to be at the tour with the crowd here, getting to do the friendship bracelets, getting to get dressed up — it's just love and joy and friendship, and it's been really magical to be a part of it." Fan accounts on social media platform X have posted photos showing a number of television and music stars at BC Place Sunday night, including actors Jenna Fischer, Aubrey Plaza and Jesse Tyler Ferguson as well as Pearl Jam frontman Eddie Vedder. — With files from Ashley Joannou, Brieanna Charlebois and The Associated Press This report by The Canadian Press was first published Dec. 9, 2024. Chuck Chiang, The Canadian Press

Ilona Maher, and “Dancing With the Stars” runner-up, has waltzed herself over to the United Kingdom to play for the Bristol Bears. Maher announced the move on her TikTok account Monday, Dec. 2 after months of speculation as to whether she might join the Premiership Women’s Rugby league. Rumors began to circulate in October that she was in talks with the Bristol or Gloucester teams, but the season started while Maher was competing on the popular reality series “Dancing With the Stars.” The show, which films in Los Angeles, ended Nov. 26 with Maher — and her partner, Alan Bersten — . She added to the speculation that her playing career was headed across the pond when she posted the weekend before her announcement from an airport on her way to London. But Maher finally put the rumors to rest in on her social media, saying, “The Eagle has landed.” “I’m looking forward to calling Bristol home as we gear up for the Rugby World Cup 2025 played here in England,” Maher said. She went on to ask if she could “get a roast” after filming the video, joking that it was a big reason she was there. Bears head coach Dave Ward described Maher’s signing as a “coup” in a Dec. 2, adding that her style offers the team “a new dimension.” “She is one of the biggest names in women’s sport, let alone rugby, and we believe she will add real value to our programme on and off the field,” Ward said. According to the team, Maher will train with the Bears before spending the holidays in the U.S. and is set to return for a three-month deal starting in January. The league final is scheduled for mid-March. Maher has amassed more than 3 million TikTok followers and another 4 million on Instagram. The 28-year-old athlete in 2021, posting hilarious TikToks from the Olympic Village as the COVID-19 pandemic restricted fans and family members from in-person spectating. Her star has only brightened since the Tokyo Games, as Maher was part of the 2024 Paris Olympics team that brought the U.S. its first rugby title in 100 years. Fans diligently followed her posts this summer. The U.S. women’s team , the furthest the team has ever gotten at the Games. Upon returning home, Maher took on yet another challenge by joining “Dancing With the Stars.” She described it as a show she used to watch with her family and something that was outside her comfort zone. “I think I’m also doing it again to show that rugby players are so multidimensional,” Maher told ABC’s “Good Morning America” in September. “We go out there on the field and we’re beasts, but I can be a beauty, I can dance, I can do all these things.” Throughout the competition, Maher occasionally struggled, and at one point even But fans praised the Olympian for her vulnerability and determination, voting for her week after week. She also became the first female celebrity on the show to lift her partner in a dance. Maher’s followers were thrilled to hear the news that she’s joining the Bears, and among those cheering her on were her “DWTS” cast mates. “Let’s go!!!!!!! I’m so proud of you. And can’t wait to see you kill it,” Bersten commented on . The Premiership Women’s Rugby league is going to be a slight change in format from what many are used to seeing Maher play in. She typically plays rugby sevens — with seven players per team, as is the style at the Olympics — but the league plays 15s, with 15 players per team. The 15s not only has more players, but the matches are also significantly longer. The smaller squad is on the field for two 7-minute halves, whereas the traditional rugby 15s is played in two 40-minute intervals.

NEW YORK (AP) — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped 240 points, or 0.5%, and the Nasdaq composite pulled back 0.6% from its own record. Nvidia’s fall of 2.5% was by far the heaviest weight on the S&P 500 after China said it’s investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other. Nvidia’s drop overshadowed gains in Hong Kong and for Chinese stocks trading in the United States on hopes that China will deliver more stimulus for the world’s second-largest economy. Roughly three in seven of the stocks in the S&P 500 also rose. The week’s highlight for Wall Street will arrive midweek when the latest updates on inflation arrive. Economists expect Wednesday’s report to show the inflation that U.S. consumers are feeling remained stuck at close to the same level last month. A separate report on Thursday, meanwhile, could show an acceleration in inflation at the wholesale level. They’re the last big pieces of data the Federal Reserve will get before its meeting next week on interest rates. The widespread expectation is still that the central bank will cut its main interest rate for the third time this year. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set so many all-time highs this year. “Investors should enjoy this rally while it lasts—there’s little on the horizon to disrupt the momentum through year-end,” according to Mark Hackett, chief of investment research at Nationwide, though he warns stocks could stumble soon because of how overheated they’ve gotten. On Wall Street, Interpublic Group rose 3.6% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. The pair had a combined revenue of $25.6 billion last year. Omnicom, meanwhile, sank 10.2%. Macy’s climbed 1.8% after an activist investor, Barington Capital Group, called on the retailer to buy back at least $2 billion of its own stock over the next three years and make other moves to help boost its stock price. Super Micro Computer rose 0.5% after saying it got an extension that will keep its stock listed on the Nasdaq through Feb. 25, as it works to file its delayed annual report and other required financial statements. Earlier this month, the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board following the resignation of its public auditor . All told, the S&P 500 fell 37.42 points to 6,052.85. The Dow dipped 240.59 to 4,401.93, and the Nasdaq composite lost 123.08 to 19,736.69. In the oil market, a barrel of benchmark U.S. crude rallied 1.7% to settle at $68.37 following the overthrow of Syrian leader Bashar Assad, who sought asylum in Moscow after rebels. Brent crude, the international standard, added 1.4% to $72.14 per barrel. The price of gold also rose 1% to $2,685.80 per ounce amid the uncertainty created by the end of the Assad family’s 50 years of iron rule. In stock markets abroad, the Hang Seng jumped 2.8% in Hong Kong after top Chinese leaders agreed on a “moderately loose” monetary policy for the world’s second-largest economy. That’s a shift away from a more cautious, “prudent” stance for the first time in 10 years. A major planning meeting later this week could also bring more stimulus for the Chinese economy. U.S.-listed stocks of several Chinese companies climbed, including a 12.4% jump for electric-vehicle company Nio and a 7.4% rise for Alibaba Group. Stocks in Shanghai, though, were roughly flat. In Seoul, South Korea’s Kospi slumped 2.8% as the fallout continues from President Yoon Suk Yeol ’s brief declaration of martial law last week in the midst of a budget dispute. In the bond market, the yield on the 10-year Treasury rose to 4.19% from 4.15% late Friday. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.FuelCell Energy Inc. stock falls Monday, underperforms market

ATLANTA , Dec. 23, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today announced it has received notification (the "Acceptance Letter") from the New York Stock Exchange (the "NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual relating to minimum market capitalization and stockholders' equity. In the Acceptance Letter, the NYSE granted the Company an 18-month period from September 12, 2024 (the "Plan Period") to regain compliance with the continued listing standards. As part of the Plan, the Company is required to provide the NYSE quarterly updates regarding its progress towards the goals and initiatives in the Plan. In the Plan, Kore included details regarding previously reported operational restructuring activities, as well as an outlook on the Company's business. The Company expects its common stock will continue to be listed on the NYSE during the Plan Period, subject to the Company adherence to the Plan and compliance with other applicable NYSE continued listing standards. The Company's receipt of such notification from the NYSE does not affect the Company's business, operations or reporting requirements with the U.S. Securities and Exchange Commission. Cautionary Note on Forward-Looking Statements This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "guidance," "project," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding expected progress with the Company's compliance plan submitted to the NYSE, expected compliance with continued listing standards of the NYSE and expected continued listing of the Company's common stock on the NYSE. These statements are based on various assumptions and on the current expectations of KORE's management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; risks related to the rollout of KORE's business and the timing of expected business milestones; risks relating to the integration of KORE's acquired companies, including the acquisition of Twilio's IoT business, changes in the assumptions underlying KORE's expectations regarding its future business; our ability to negotiate and sign a definitive contract with a customer in our sales funnel; our ability to realize some or all of estimates relating to customer contracts as revenue, including any contractual options available to customers or contractual periods that are subject to termination for convenience provisions; the effects of competition on KORE's future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. KORE Investor Contact: Vik Vijayvergiya Vice President, IR, Corporate Development and Strategy vvijayvergiya@korewireless.com (770) 280-0324 View original content to download multimedia: https://www.prnewswire.com/news-releases/kore-announces-nyse-acceptance-of-plan-to-regain-listing-compliance-302338621.html SOURCE KORE Group Holdings, Inc.KORE Announces NYSE Acceptance of Plan to Regain Listing Compliance

KORE Announces NYSE Acceptance of Plan to Regain Listing ComplianceThe recent allegations made against Jay-Z could threaten Beyonce's career plans, it's been reported. Jay-Z has strongly rejected allegations that he was involved in the drugging and assault of a 13-year-old girl. The 55-year-old rapper is named in a lawsuit alongside Sean "Diddy" Combs , which claims both men were involved in the alleged attack during an MTV VMAs after-party in New York on September 7, 2000. An unnamed celebrity was allegedly also present at the event. Initially filed against Combs in October, the lawsuit was recently amended to include Jay-Z as a defendant. The allegations could reportedly raise concerns for Beyoncé’s future projects, including her global tour and her highly anticipated Christmas Day performance at the NFL game between the Houston Texans and Baltimore Ravens. Speaking to The Sun, a source said: "Bey and Jay are one of the most dominant power couples on the globe so even though the claim has nothing to do with her, her name had already been dragged into online speculation.The plan was for Beyonce to perform a new song during her Christmas Day halftime show before kicking off a new era. Beyonce has Act III of her three act album saga to announce as well as a huge stadium tour." The Mirror has contacted representatives for Beyonce for comment. In the early hours of Monday morning, Jay-Z - real name Shawn Carter - said he 'is heartbroken' that he will have to sit down with his children and wife Beyoncé and explain that he's been accused of raping a 13-year-old girl at a party in 2000 - an accusation he vehemently denies. The musician issued a statement in response to the claims, which he called 'so heinous in nature' and slammed Texas lawyer Tony Buzbee. Lawyer Buzbee is representing 120 alleged victims of Sean 'Diddy' Combs and has encouraged others to step forward and report crimes against the rapper. In the statement published on social media, the Roc Nation founder said: "These allegations are so heinous in nature that I implore you to file a criminal complaint, not a civil one!! Whomever would commit such a crime against a minor should be locked away, would you not agree? These alleged victims would deserve real justice if that were the case. "This lawyer, who I have done a bit of research on, seems to have a pattern of these type of theatrics! I have no idea how you have come to be such a deplorable human Mr. Buzbee, but I promise you I have seen your kind many times over. I'm more than prepared to deal with your type. You claim to be a marine?! Marines are known for their valor, you have neither honor nor dignity." He went on to say how it was "unfair" that his family will also be affected by the lawsuit. "My only heartbreak is for my family," he wrote. "My wife and I will have to sit our children down, one of whom is at the age where her friends will surely see the press and ask questions about the nature of these claims, and explain the cruelty and greed of people. "I mourn yet another loss of innocence. Children should not have to endure such at their young age. It is unfair to have to try to understand inexplicable degrees of malice meant to destroy families and human spirit. My heart and support goes out to true victims in the world, who have to watch how their life story is dressed in costume for profitability by this ambulance chaser in a cheap suit. "You have made a terrible error in judgment thinking that all 'celebrities' are the same. I'm not from your world. I'm a young man who made it out of the project of Brooklyn. We don't play these types of games. We have very strict codes and honor. We protect children, you seem to exploit people for personal gain. "Only your network of conspiracy theorists, fake physics, will believe the idiotic claims you have levied against me that, if not for the seriousness surrounding harm to kids, would be laughable. I look forward to showing you just how different I am." Jay-Z shares daughter Blue Ivy, 12, and twins Rumi and Sir, seven, with pop star Beyoncé. Follow Mirror Celebs on Snapchat , Instagram , Twitter , Facebook , YouTube and Threads .

Streamline Health® To Report Fiscal Third Quarter 2024 Financial Performance

CHECK OUT: Education is Your Right! Don’t Let Social Norms Hold You Back. Learn Online with LEGIT. Enroll Now! Legit.ng journalist Adekunle Dada has over 7 years of experience covering metro, government policy, and international events Ikoyi, Lagos state - President Bola Ahmed Tinubu said he would not reduce the size of his cabinet including 48 ministers and several Special Advisers. Tinubu said the large size of his cabinet was necessary for effective service delivery. He stated this while speaking during his first Presidential Media Chat held at his Bourdillon Street residence in Ikoyi, Lagos on Monday night, December 23. PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app! According to Leadership, President Tinubu firmly defended the size of his cabinet. “I am not ready to shrink the size of my cabinet.” Tinubu explained that the ministers were selected based on efficiency and the needs of the country. “I saw the need for them when I created the portfolios,” “Nigeria is a large country. If you are to entertain over 200 million persons, calculate how many stewards will be required.” Read also Hardship in Nigeria: Remi Tinubu donates 1,000 bags of rice to Christians in Bauchi for Christmas According to President Tinubu , the number of ministers and advisers was crucial to effectively govern the country. Tinubu affirmed that he remained committed to maintaining a large team to meet the demands of the diverse nation. Legit.ng recalls that Tinubu announced the scrapping of the ministries of Niger Delta and sports development in a major cabinet reshuffle . Bayo Onanuga, presidential spokesperson, also said Tinubu merged the Ministry of Tourism with the Ministry of Culture and Creative Economy. Onanuga added that the president created a new Ministry of Regional Development to manage the affairs of the Niger Delta and other development commissions. Cabinet Reshuffle: New ministers appointed by Tinubu and portfolios Meanwhile, Legit.ng reported that Tinubu submitted the names of seven new ministerial nominees to the national assembly following the dismissal of six ministers from his cabinet. Read also Year in review: Aiyedatiwa, Okpebholo, other biggest political winners in 2024 The nominees are set to fill the resulting vacancies, while the President also restructured his administration by reassigning 10 ministers to new portfolios. Among the nominees, Tinubu has selected Bianca Odumegwu-Ojukwu for the position of minister of state for foreign affairs. PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: Legit.ngOilers Facing Tough Decision With Waivers Plan As Holiday Roster Freeze EndsHonda and Nissan to launch merger talksISTANBUL Opposition groups took control of Aleppo and other areas of Syria to halt attacks by the Bashar al-Assad regime on civilians, the head of Syria's main opposition group abroad said Monday. Speaking at a press conference in the Turkish metropolis of Istanbul, Hadi Al Bahra, president of the National Coalition of Syrian Revolution and Opposition Forces (SMDK), discussed the control gained by opposition groups in Aleppo and other areas of northern Syria. The opposition forces' operation in Syria became inevitable after years of attacks and oppression by regime forces and Iranian militias, he said. He noted that regime airstrikes on civilians reached 52 in a single day in November. As regime attacks on the Syrian people escalate, al-Bahra highlighted a decrease in humanitarian aid. He said shifting policies in countries like Lebanon toward Syrian refugees are leading to rights violations and increased returns to liberated areas. Al-Bahra pointed out that the population in liberated areas is growing rapidly, outpacing the available infrastructure. "These developments forced Syrians into military confrontation,” he said. "From the outset, these operations had clear objectives: to stop attacks on liberated areas and to establish a deterrent stance against the enemy. "And the only way to do that was to liberate the areas that were the source of the attacks," he added. Al-Bahra also outlined the goals of Syrian opposition forces. "The aim is to liberate cities, towns and villages for civilians who have lost access to essential services in the liberated areas, ensure military security, and pave the way for people to return to their homes." "Additionally, we seek to revive the political process that implements UN Security Council Resolutions 2118 and 2254," he added. He criticized international negligence for leaving Syrians to endure their suffering instead of working toward a sustainable solution. Al-Bahra also noted that the regime's efforts to obstruct the political process have made stable living conditions in Syria impossible. Highlighting coordination with the Syrian National Army (SNA) regarding developments in Aleppo, he said: "I assure you that the SNA prioritizes the safety of civilians. The Syrian people are united, and no one can be marginalized." "Public and private properties in Aleppo are protected, and public employees will return to work. The Syrian revolution was born on moral principles and will achieve victory through morality." Al-Bahra emphasized that the SMDK is committed to safeguarding the rights of all ethnicities and groups in Syria. Stressing that as Syrians, they do not wish to cause new migration or asylum crises, he said: "Our main goal is to find stability within our homeland." Clashes broke out last Wednesday between Assad regime forces and armed opposition groups in rural areas of Aleppo, marking a re-escalation of the fighting after a period of relative calm in the Syrian civil war, which erupted in 2011. *Writing by Muhammed Enes Calli

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INDIANAPOLIS — Only the coldest of hearts won't empathize with Michael Andretti, who has been sidelined from his namesake motorsports organization and won't have any role with the the Formula 1 program he spent the last four years desperately trying to launch. His effort to get a program partnered with General Motors into F1 was approved last week , roughly a month after Andretti stepped aside from leading his race teams. F1's decision to expand its grid for Cadillac F1 came amidst a federal antitrust investigation into why Liberty Media refused to admit Andretti Global as an 11th team — and after Andretti partners Dan Towriss and Mark Walter took controlling interest of the effort. “The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team,” Andretti posted on social media. “I’m very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you!” The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team. I’m very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you! While he will have no role with the F1 team, it is unclear what his regular involvement will be with his IndyCar team. His famous father, 1978 F1 champion Mario Andretti, will be on the board of the F1 team and an ambassador. What changed F1's position on Andretti — an application it basically mocked in its January denial — is not known. Few have said much beyond noting GM's increased commitment to take a larger role beyond engine supplier. Mohammed Ben Sulayem, the president of F1's governing body, had championed the GM bid from the start and Andretti's application was the only one of seven to receive approval from the FIA. In an interview with The Associated Press, he called F1's decision to finally allow the GM team a spot in the sport “a win for all of motorsports” but also sympathized with Michael Andretti. “I feel he should be proud because he's the founder who started this thing with his partners,” Ben Sulayem said. "We did the proper due process, we never favored anyone, and it is only because his application ticked all the boxes that the FIA approved it. Michael is a lovely person and I do not feel this was personal against Michael Andretti. “The other teams? For them, it was about the money. They don't want the money to go from split between 10 teams to split between 11 teams," he added. "But it was only a matter of time before General Motors was going to be approved and I feel it is incorrect to say it happened because Michael stepped aside. What did Michael do? Why would people not want him? Because he spoke publicly? He didn't break any rules. He didn't abuse anyone. If people want to see it as personal, it is up to them. He doesn't annoy me." What likely did annoy F1 and Liberty Media, its commercial rights holder, was the Justice Department investigation. Liberty announced it was under investigation this summer, not long after Mario Andretti visited Washington to discuss the F1 snub with lawmakers. The FBI was allegedly at last month's Las Vegas Grand Prix and Ben Sulayem confirmed to AP he was interviewed by federal investigators. “It is the department that protects the interest of the United States and the FIA has nothing to hide,” Ben Sulayem said. “I was proud to speak to them and they were very polite and understanding. I wanted this to be cleared: I wanted GM in F1 because it is good for business.” F1 currently has just one American team, owned by California businessman Gene Haas, despite a series-high three races in the United States. Should the Cadillac F1 team make it to the grid in 2026 as scheduled, there will be two American teams and Ford will officially join Red Bull that season as a technical partner. This Andretti-less F1 effort will be led by TWG Global, the investment company founded by Walter, who as CEO of Guggenheim Partners is the controlling owner of the Los Angeles Dodgers and Premier League club Chelsea, and Towriss, who became involved in motorsports initially as a sponsor for Andretti and took an ownership role in Andretti Global in 2022. Towriss is now the majority owner of the Andretti race teams and work on the F1 team will continue in Andretti's Indiana shop, its recently opened satellite factory in Silverstone and GM’s facilities in North Carolina and Michigan. Towriss is the CEO of TWG Global’s motorsports arm. There is no indication who the drivers will be for the F1 team, although Valtteri Bottas indicated last weekend he'd like to be considered and the original Andretti effort targeted current IndyCar driver Colton Herta, who is sponsored by Towriss' company, Gainbridge.

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