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Monday June 3rd, 2024

Formula One: Ferrari and Red Bull seek engine changes

ABU DHABI, Nov 22, 2014 (AFP) – Ferrari and Red Bull are demanding major changes to Formula One engine rules next year after Mercedes’ domination of this season’s world championship.

Ferrari and Red Bull want rule changes to cut costs and improve their competitiveness. But team champions Mercedes are not keen on plans to allow their rivals limited in-season engine development and have indicated they will stubbornly defend their current advantage.

Red Bull team chief Christian Horner told reporters that Formula One had to consider ditching the current turbo powered 1.5 litre V6 engine only introduced this year. And he was backed by Ferrari team principal Marco Mattiacci.

"Definitely we need to look at something different for 2016," said Mattiacci.

"In terms of power unit, and in terms of regulation [for] 2015, it is clear we will have to – at the moment – accept the status quo, but definitely we are not going to accept the status quo for 2016."

Horner whose team won the title every year from 2010 to 2013, said: "Maybe we need to even go as far as looking at a different engine – a new engine. Maybe still a V6, but maybe a more simplified V6 that controls the cost – cost of development, cost of supply to a team and to the privateer teams.

"I think that’s something we need to have a serious discussion about during the next Strategy Group."

The sport’s influential Strategy Group and the F1 Commission are to meet next week.
Red Bull’s Renault engines have not produced a competitive level of power this year letting Mercedes drivers Lewis Hamilton and Nico Rosberg monopolise races.

F1 ‘grave’

Mercedes team chief Toto Wolff was wary of calls for change.

"We are all talking about costs and, if you would open up the regulations in the way it has been described, that clearly means you don’t care about costs.

"That would be like digging a grave for Formula One. We have spent considerable amounts in the development of the power unit," Wolff said.

"I think we need to be sensible and we need to come up with solutions that enable the small teams to survive and which still enable the big teams to showcase the technology.

"Reversing everything, changing the format, changing the engines would just increase costs. It is the opposite for what we need for Formula One at the current stage."

As Hamilton and Rosberg prepare for Sunday’s title deciding Abu Dhabi Grand Prix, half of the F1 paddock has been more concerned by the sport’s cash crisis.

The Caterham and Marussia teams went into administration last month and three others talked of a boycott at the US Grand Prix as they pushed for an overhaul of prize money distribution.

Caterham raised funds to-join the fray in Abu Dhabi and are seeking investment to survive into 2015, but Marussia has folded.

In Brazil, Horner suggested that the sport should consider a return to last year’s engines to save money. Renault and Mercedes said they would quit F1 if that happened.

"It’s unsustainable for any of the manufacturers to keep spending at the level we are," Horner told reports on Friday.

"So we should maybe look at simplifying the engine because if the development costs stay as they are then we won’t attract new manufacturers in. We have to ensure the sport is attractive to new manufacturers."

Wolff argued that Honda is returning to F1 next year as engine suppliers for McLaren, replacing Mercedes.

"I fully agree we need to look at costs," he said. "But you can’t turn time back."
 

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Water levels rising in Sri Lanka Kalu, Nilwala river basins: Irrigation Department

Sri Lanka Navy assisting in rescue operations (Pic courtesy SL Navy)

ECONOMYNEXT – Sri Lanka’s Irrigation Department has issued warnings that water levels in the Kalu and Nilwala river basins are rising and major flooding is possible due to the continuous rain. People living in close proximity are advised to take precautions.

“There is a high possibility of slowly increasing prevailing flood lowline areas of Kiriella, Millaniya, Ingiriya, Horana, Dodangoda, Bulathsinhala, Palinda Nuwara and Madurawala D/S divisions of Ratnapura and Kalutara Districts, up to next 48 hours,” it said issuing a warning.

“In addition, flood situation prevailing at upstream lowline areas of Ratnapura district will further be prevailing with a slight decrease.

“The residents and vehicle drivers running through those area are requested to pay high attention in this regard.

“Disaster Management Authorities are requested to take adequate precautions in this regard.”

The island is in the midst of south western monsoon.

DMC reported that 11,864 people belonging to 3,727 families have been affected due to the weather in Rathnapura, Kegalle, Kilinochchi, Jaffna, Mullaitivu, Kalutara, Gampaha, Colombo, Galle, Matara, Hambantota, Puttalam, Kurunegala, Kandy, Nuwara Eliya, Anuradhapura, Polonnaruwa, Badulla, Moneragala, and Trincomalee districts.

Meanwhile, the Meteorology Department stated that showers are expected on most parts of the island today.(Colombo/June3/2024)

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UNP gen secy defends call for postponing Sri Lanka poll, claims opposition silent

The UNP party headquarters in Pitakotte/EconomyNext

ECONOMYNEXT — United National Party (UNP) General Secretary Palitha Range Bandara has defended his call for postponing Sri Lanka’s presidential election by two years, claiming that his proposal was not undemocratic nor unconstitutional.

Speaking to reporters at the UNP headquarters Monday June 03 morning, Bandara also claimed that neither opposition leader Sajith Premadasa nor National People’s Power (NPP) leader Anura Kumara Dissanayake have spoken against his proposal.

“I have made no statement that’s undemocratic. My statement was in line with provisions of the constitution,” the former UNP parliamentarian said.

He quoted Section 86 of Chapter XIII of the constitution which says: “The President may, subject to the provisions of Article 85, submit to the People by Referendum any matter which in the opinion of the President is of national importance.”

Sections 87.1, 87.2 also elaborates on the matter and describes the parliament’s role, said Bandara.

“I spoke of a referendum and parliament’s duty. Neither of this is antidemocratic or unconstitutional. As per the constitution, priority should be given to ensuring people’s right to life,” he said.

“Some parties may be against what I proposed. They may criticse me. But what I ask them is to come to one position as political parties and make a statement on whether they’re ready to continue the ongoing economic programme,” he added.

Bandara claimed that, though thee has been much criticism of his proposal for a postponement of the presidential election, President Wickremesinghe’s rivals Premadasa and Dissanayake have yet to remark on the matter.

“I suggested that [Premadasa] make this proposal in parliament and for [Dissanayake] to second it. But I don’t see that either Premadasa nor Dissanayake is opposed to it. To date, I have not seen nor heard either of them utter a word against this. I believe they have no objection to my proposal which was made for the betterment of the country,” he said. (Colombo/Jun03/2024)

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300 of 100,000 trees in Colombo considered high risk: state minister

ECONOMYNEXT – Trees in Sri Lanka’s capital Colombo are being monitored by the municipal council, Army and Civil Defense Force as the severe weather conditions continue, State Minister for Defense Premitha Bandara Tennakoon said.

“Within the Colombo Municipal Council city limits, there are 100,000 trees. Of these, around 300 are considered high risk,” Tennakoon told reporters at a media conference to raise awareness about the current disaster management situation.

Not all trees required to be cut down he said. “We can trim some of the branches and retain them.”

The problem was that buildings in the vicinity of the tree had cut branches on one side, causing it to become unbalanced, the minister said.

New laws would be brought in so provincial/municipal institutions could strengthen enforcement of building codes.

“We don’t have a single institution that can issue a warning about a tree. Not one to tell us what trees can or cannot be planted near a road.

“Trees should be suitable for the area. Some trees have roots that spread and damage roads, buildings. When the roots can’t go deep, they tend to topple over.

“Now Environment Day is coming up, and anyone can go plant a tree by the road. We have to take a decision about this. We have to enforce laws strongly in future.” (Colombo/June3/2024)

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