It’s difficult to keep on racing through the winter in this country as ice forms on race circuits.I instructed at Brands Hatch a couple of weeks ago and two corners were covered in ice. We had to go out for a few laps to try and warm the circuit up before everyone arrived. The few winter series are usually just short championships held over a couple of rounds. Winter is mainly used for testing but because of track conditions, you don’t really get a true comparison with summer conditions. I remember testing a Formula Renault single-seater one December and it was freezing. After the first run I couldn’t actually feel my feet and had to get out and stand next to the heater. You forget that when you are doing 120mph down the straight your feet are in a 120mph wind. Another winter test I had was back in 1997 for Peugeot Sport UK. I was asked to test the works Peugeot 406 super touring car with Tim Harvey, the 1992 British Touring Car champion. The day started well but then came the snow. It was an experience to drive one of the world’s fastest touring cars on the white stuff. But I managed to be quickest on the day so I was happy with that. I actually like the bad weather. I once tested a Formula Ford car at Snetterton in torrential rain. Cars were going off on the straight. Everyone decided to come in as it was too dangerous. Except me. I was loving it. Maybe I have a screw loose.
The Office of Fair Trading is to launch a detailed market study into the payment protection insurance sector early next year. The study comes in response to the super-complaint Citizens Advice submitted to the Office of Fair Trading on September 13, which alleged features of the PPI market are seriously harming the interests of consumers. […]
IFA Promotion welcomes NatWest Business Bankings announcement that it is to become its latest sponsor, demonstrating further lender support for the IFA sector. The commercial lending arm of NatWest becomes IFAPs 32nd sponsor and its fifth mortgage sponsor. Alastair Hutt, head of introducer development for NatWest Business Banking, says: We recognise the importance of firms […]
There is growing concern that the government’s shared equity scheme could have serious implications for the economy if there were to be a housing downturn. Chancellor Gordon Brown revealed in his pre-Budget statement last week that three lenders had signed up to the government’s shared equity scheme to help first-time buyers get on the property […]
Research from the Department of Trade and Industry has shown that private housing orders in the year to October rose by 10% compared to those in the previous year. Orders in the three months to October fell by 6% compared with the previous period, but rose by 7% when compared with the same period a […]
The making of any fund can be seen in how it responds to crises and opportunities. In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham outlines how the Royal London Global Multi Asset Portfolios or GMAPs navigated through Brexit and the US election cycle. He also highlights the importance […]
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