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Latest reports are that Richard Branson and Adrian Reynard will get together to buy the ailing Honda F1 team. Good luck to them I say.
I really feel for the families of the 2 instructors and 2 students involved in the tragic accident over Kenfig reserve today. I absolutely love the times I have flown in a light aircraft, and though you always accept that there is a risk, you never imagine it will actually happen.
The RAF University Air Squadrons are vital for the Service - I am sure over half of RAF pilots came through the ranks from a UAS upwards. So these flights may seem like pleasure trips but for many students it is the very beginning of a glorious flying career.
I cannot imagine how their families must be feeling nor can I imagine how such an unusual set of circumstances conspired to produce this awful accident.
But I do know that, like me if I had the chance, tomorrow many more youngsters and the not so young will take to the skies to do what they love.
Red Bull Racing has unveiled its latest F1 challenger with the RB5 being shown to the world for the first time in Jerez.
My tip for the coming season, watch them win races.
DVLL were set up 3 years ago by Simon Gillett and Lee Gill, who bought a 150-year lease for the track. In July 2008 they won the rights to host the British GP from Silverstone.
But the project has faced a barrage of negativity with many in the sport openly skeptical of DVLL's ability to win planning permission to develop the track, raise the necessary capital, meet building deadlines and get around transport logistics.
DVLL's detractors were given further ammunition when Gill, was dismissed last autumn. It has since emerged that he is taking his former colleague to the High Court, claiming damages of £150k. Court papers claim he was dismissed without notice by chairman Nick Schwartz, who "verbally terminated" his contract with "immediate effect" on Sept 3 last year.
Planning permission was eventually granted last month prompting. Nevertheless, DVLL's annual accounts just filed, revealing a loss of £12m last year and debts of £67m, are sure to rock the boat. Gillett, their chief executive, is trying to raise funds to finance the £100m project. He has always maintained that he will reveal details in March. He favours a debenture scheme whereby 6,000 or so corporate customers pay £5k each pa. He has until this September to satisfy Ecclestone that plans are on course or risks losing his 10-year contract to stage the race.
Low-cost airline Ryanair has flown into a storm after its latest charity calendar was branded sexist. A series of glossy photos feature scantily-clad female cabin crew who look more like page three pinups than plane staff. But despite raising money for homeless charity Dublin Simon Community, the calendar has already run into trouble.
The older I get the more I realise I read the obits often and this item caught my attention - I thought your readers might be interested
Teddy Mayer, who has died aged 73, was one of the architects of the early success of the McLaren formula one team. He had a vital management role in its first two world championship titles, with Emerson Fittipaldi in 1974 and James Hunt two years later.
Mayer ran the team for 10 years after the death of the New Zealand-born racing car driver and designer Bruce McLaren in a testing accident at Goodwood in June 1970. Then came the point where the organisation's fading fortunes caused its main sponsor, Philip Morris, to insist that Mayer amalgamate the team with Ron Dennis's emergent Project 4 operation as a condition of retaining the lucrative backing. He finally left McLaren in 1982 after selling his shareholding to Dennis and the team's then technical director John Barnard.
Just use Outlook's Import routine to get the F1 dates for 2009 into your Calendar.
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