
2025 GT World Challenge Beijing E-Town Round to Debut in October
A Media Snippet accompanying this announcement is available by clicking on this link.
The race will feature a temporary street circuit meeting FIA Grade 3 standards, spanning 4.9 kilometers with a maximum design speed of 299 km/h and an estimated lap time of 93.4 seconds. The track design artfully combines high-speed straights and challenging turns, linking the modern architecture of the National Industrial Park for Information Technology Application and Innovation, the natural landscapes of Tongming Lake, and urban commercial zones. This unique 'dynamic scenic route' will create a one-of-a-kind visual spectacle for global street racing fans.
Currently, the event has attracted participation from globally renowned teams such as Lamborghini, Ferrari, Porsche, Audi, Mercedes-Benz, BMW, and Aston Martin. Over 10,000 spectators are expected to attend in person.
Notably, the GT track will double as a 'practical platform' and 'testing ground' for advanced technologies. The concurrent New Energy Innovation Challenge and Autonomous Driving Innovation Challenge will leverage the race's international prestige and public engagement to foster a widely participatory automotive tech challenge brand, achieving a symbiotic synergy between 'extreme racing and frontier innovation.'
A spokesperson for the organizing committee stated that the simultaneous hosting of the GT World Challenge, New Energy Challenge, and Autonomous Driving Challenge represents a practical implementation and creative expression of BDA's '3+1+N' development model for intelligent connected new energy vehicles. This approach aims to enhance the global influence of local industries through a world-class racing IP; to accelerate technology commercialization via real-world scenarios in the New Energy Challenge; and to lead future mobility trends with the cutting-edge attributes of autonomous driving.
This initiative will establish a comprehensive value ecosystem of 'premium racing viewing, technology application experiences, and future mobility vision,' driving Beijing E-Town's goal of becoming a 'world-class hub for intelligent connected vehicles' and injecting momentum into Beijing's bid to become an international consumer city.
During the event, the Tongming Lake area will be transformed into a vibrant 'automotive carnival.' The thunderous roar of GT race cars will form a striking contrast to the serene, cutting-edge technology of new energy vehicles, while the pinpoint precision of autonomous driving will offer a fascinating counterpoint to the heart-pounding drifts of traditional racing. Family-friendly karting experiences, model car exhibitions, and interactive tech zones will invite visitors of all ages to join in the fun. As the organizers put it, this is not merely three separate competitions, but a panoramic celebration of the automotive industry's past, present, and future — an event where everyone can discover their own automotive dream.
As one of the world's largest GT series, the 2025 GT World Challenge Beijing E-Town Round is co-organized by the Beijing Municipal Bureau of Sports, the Beijing Economic-Technological Development Area Administrative Committee, and the Federation of Automobile and Motorcycle Sports of China. It is jointly hosted by SRO Motorsports Group and Shangyicheng (Beijing) Technology and Culture Group Co., Ltd. Global sponsorship opportunities are now open, offering partners a multi-dimensional value platform for global brand exposure, advanced technology showcases, and multi-scenario marketing.
Source: The Organizing Committee of the 2025 GT World Challenge Beijing E-Town Round
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Upturn
7 minutes ago
- Business Upturn
Ad Agentur GmbH Unveils Transparency-Focused Google Ads Strategy to Combat ROI Decline Across DACH Region
VIENNA, Austria , Aug. 05, 2025 (GLOBE NEWSWIRE) — Ad Agentur GmbH, a performance-driven pay-per-click (PPC) digital marketing agency, today announced the launch of a new strategic framework to address declining Google Ads ROI for businesses in the DACH region. The strategy combines data-driven campaign structures with advanced Conversion Tracking to help e-commerce brands and local service providers improve campaign performance and lead generation amid rising costs and complex platform automation. The Ad Agentur GmbH team specializes in Google Ads campaigns for e-commerce brands and local service providers in Austria, Germany, and Switzerland. The new framework directly addresses a growing trust deficit among businesses engaged in online advertising in Austria, Germany, and Switzerland, who report diminishing returns and a lack of clarity on campaign performance. Ad Agentur GmbH's strategy reinforces the agency's commitment to business-critical outcomes over vanity metrics, focusing on measurable results like conversion rates and bottom-line growth. 'The era of purely manual bid management is past, but blind faith in automation presents its own risks for advertisers pouring money into a black box,' said Robert Fussi, Founder of Ad Agentur GmbH. 'This approach is built on radical transparency. It ensures a client's strategy aligns directly with measurable business goals, such as Cost-Per-Acquisition (CPA) and Return on Ad Spend (ROAS).' The impact of expert-led campaign management is particularly significant in specialized industries. Based on performance data, Ad Agentur GmbH notes the following potential for optimized campaigns: Quality Leads for Law Firms: The cost per qualified lead can be reduced from over €430 to under €95. The cost per qualified lead can be reduced from over €430 to under €95. New Patients For Medical Practices: Properly structured campaigns have been shown to achieve conversion rates exceeding 11%. Properly structured campaigns have been shown to achieve conversion rates exceeding 11%. More Direct Bookings For Hotels: A professionally executed strategy can deliver a return on ad spend (ROAS) of 10x to 15x, offering a direct and often more cost-effective alternative to high-commission online travel agency (OTA) models. To restore accurate measurement compromised by data loss, the agency implements advanced tracking solutions. This includes a proper GA4 setup, first-party data strategies, and Google's Enhanced Conversions to provide higher-quality data for campaign optimization and Smart Bidding. 'An advertiser doesn't need to sit in the cockpit, but they deserve a clear view of the dashboard,' Fussi added. 'The agency provides clients with complete clarity and control over their investment, turning a source of risk into a predictable engine for growth. This is the foundation of a true partnership.' Robert Fussi, founder and Google Ads expert at Ad Agentur GmbH, leads the agency's performance-first approach across the DACH region. About Ad Agentur GmbH Ad Agentur GmbH is a Google Ads performance agency based in Vienna, Austria. As a certified Google Partner, the agency provides specialized Google Ads management services, focusing on high-conversion paid search campaigns for professional service providers and e-commerce companies. Clients include doctors, law firms, hotels, and growth-stage online retailers across Austria, Germany, and Switzerland. Press inquiries Ad Agentur GmbH Robert Fussi [email protected] +43 1 417 0275 Schmalzhofgasse 26,A-1060, Wien (Vienna) Österreich (Austria)
Yahoo
26 minutes ago
- Yahoo
Beer Institute Releases June 2025 Taxable Removals Estimate Report
WASHINGTON, Aug. 05, 2025 (GLOBE NEWSWIRE) -- In line with our policy of publishing an unofficial estimate of taxable removals each month, we would like to inform you of our June 2025 estimate of 14,400,000 barrels, for an increase of 0.3% compared to June 2024 removals of 14,354,789. Taxable Removals - TTB (31 Gallon Barrels) Month 2024 2025 Percent Change Volume Change January 11,571,372 10,561,986 -8.7% -1,009,386 February 12,123,847 10,129,475 -16.4% -1,994,372 March 12,472,205 12,283,142 -1.5% -189,063 April 12,482,666 12,014,532 -3.8% -468,134 May 13,552,906 13,200,000 -2.6% -352,906 June 14,354,789 14,400,000 0.3% 45,211 YTD 76,557,785 72,589,135 -5.2% -3,968,650 The July 2025 taxable removals estimate is scheduled to be released on September 4, 2025. ### is a national trade association for the American brewing industry, representing brewers, beer importers and industry suppliers—an industry that supports nearly 2.42 million jobs and provides more than $471 billion to the American economy. First founded in 1862 as the U.S. Brewers Association, the Beer Institute is committed today to developing sound public policy and to the values of civic duty and personal responsibility. For additional updates from the Beer Institute, visit our website and follow us on Facebook, X, LinkedIn and Instagram. CONTACT: Stacy Skelly Beer Institute 2027372337 sskelly@ in to access your portfolio
Yahoo
2 hours ago
- Yahoo
Gynecological Devices Market Valuation to Reach US$ 20.19 Billion By 2033
Driven by an aging population and a strong shift toward minimally invasive procedures, the market is dominated by surgical devices and robotics. Hospitals and clinics remain primary end-users, investing heavily in advanced technology despite reimbursement pressures. Chicago, Aug. 05, 2025 (GLOBE NEWSWIRE) -- The global gynecological devices market was valued at US$ 10.18 billion in 2024 and is expected to reach US$ 20.19 billion by 2033, growing at a CAGR of 7.90% during the forecast period 2025–2033. The global gynecological devices market is currently navigating a period of profound and accelerated transformation. This is not a gradual evolution but a dynamic surge, creating a landscape rich with opportunity for manufacturers, investors, and healthcare systems worldwide. A confluence of powerful drivers—including an unprecedented influx of venture capital into women's health technology, the escalating prevalence of complex gynecological conditions, and a wave of disruptive technological advancements—is fueling this robust growth. The market is moving beyond incremental improvements toward fundamental shifts in diagnostics and therapeutics. Free Report Sample Available for Immediate Download: An exhaustive analysis of data reveals a compelling, multi-layered narrative of expansion. This in-depth market research report dissects nine critical segments, presenting meticulously researched, data-driven insights that collectively illuminate the immense and multifaceted opportunities materializing across the global gynecological devices market. Key Finding in Gynecological Devices Market Market Forecast (2033) US$ 20.19 billion CAGR 7.90% Largest Region (2024) North America (42%) By Product Surgical Devices (53.0%) By End Users Hospitals & Clinics (65.26%) Top Drivers Rapidly aging female population creates a growing patient base. Government initiatives are increasingly focused on promoting women's health. High adoption of advanced and innovative medical technologies. Top Trends Rising physician preference for minimally invasive surgical techniques. Growing use of robotic-assisted surgery for gynecological procedures. Increased focus on early diagnostics with advanced imaging systems. Top Challenges Strict and lengthy regulatory approval cycles for new devices. Declining national birth rate impacting obstetrics device demand. Stringent reimbursement policies and pressure on healthcare cost containment. Venture Capital Investment Ignites a Firestorm of Femtech and Gynecological Device Innovation The financial landscape for women's health has been transformed by a massive surge of venture capital, directly spurring innovation and growth in the gynecological devices market. Funding for femtech startups has exceeded US$5 billion since 2020, with US$1.2 billion deployed in 2024 alone. Broadening the view to all women's health startups brings the 2024 total to US$2.6 billion, and, including all women-centric conditions, investment in the US and Europe reached nearly US$10.6 billion in 2024. This is a truly global trend. In Europe, €339.4 million was invested across 47 femtech deals in 2024, and European femtechs had already attracted over €334 million in venture capital by March 2025. This capital empowers companies to launch breakthrough products, fueling a new wave of innovation. Recent examples include Future Family securing a US$400 million financing program in April 2025 and ByHeart raising US$72 million the same month for manufacturing expansion. Significant 2025 investments underscore the diversity of innovation: Gesynta Pharma (US$29 million) and Conceivable Life Sciences (US$18 million) are advancing novel treatments, while Delfina (US$17 million), Twentyeight Health (US$10 million), and Teal Health (US$10 million) highlight the growing impact of AI-powered maternal health and accessible care. The funding cascade continues with Kegg (US$6.5 million), Egal (US$4 million), Fizimed (€4 million), Ema (US$3 million), Trellis Health (US$1.8 million), Raaz (US$1 million), Calla Lily (£1 million), Mabel (€600,000), Femble (€350,000), and AuraFem Health (US$200,000). The UNICEF Venture Fund further nurtures innovation, offering up to US$100,000 in equity-free funding for emerging economies, ensuring support at every level. Addressing Uterine Fibroids Creates a Significant and Highly Costly Market Opportunity Uterine fibroids represent a highly prevalent and economically significant condition, creating a vast and sustained demand for effective therapeutic solutions within the gynecological devices market. The sheer scale of this public health issue is immense. As of 2024, the estimated annual economic cost of uterine fibroids in the United States has escalated to an astonishing US$41.4 billion. A major component of this economic burden is productivity loss, with an estimated US$17.2 billion lost annually in the U.S. due to missed work and short-term disability. The patient population itself is expanding, with data showing that the number of women in the U.S. diagnosed with uterine fibroids increased by 10.6% between 2010 and 2022. This steady growth signals a consistently expanding patient base requiring treatment. The high out-of-pocket cost of traditional surgical interventions further amplifies the market need for innovative, less invasive, and more cost-effective devices. Without insurance coverage, a myomectomy procedure can cost between US$11,000 and US$22,000, while a full hysterectomy ranges from US$9,600 to US$24,000. Alternative, device-centric treatments also carry substantial price tags, with uterine artery embolization costing between US$10,000 and US$15,000, and radiofrequency ablation ranging from US$8,900 to US$20,000. These costs exhibit significant geographic variability; for instance, a laparoscopic hysterectomy could cost approximately US$28,000 in Cleveland, Ohio, while the same procedure in Atlanta, Georgia, might be closer to US$19,000. This cost-prohibitive environment creates a powerful incentive for the adoption of new technologies in the gynecological devices market that can offer superior outcomes at a lower total cost of care. Assisted Reproductive Technology Forges a Burgeoning and Profitable Niche Device Market The increasing societal demand for fertility assistance, driven by trends such as delayed parenthood and rising infertility rates, is a potent force shaping a specialized and highly profitable segment of the gynecological devices market. The global demand for these services is immense, with approximately 2.5 million In-Vitro Fertilization (IVF) cycles now being performed annually across the world. This trend is particularly pronounced in the United States, where the number of IVF cycles performed in SART (Society for Assisted Reproductive Technology) member clinics surged from 389,993 in 2022 to 432,641 in 2023. These procedures directly resulted in the birth of 95,860 babies in the U.S. in 2023. Comprehensive data from 2021 shows that 238,126 patients in the U.S. initiated a total of 413,776 ART cycles, demonstrating the high volume of procedures. The financial investment from patients is substantial and directly fuels demand for the sophisticated equipment, consumables, and diagnostic tools used in these delicate procedures. The average cost of a single IVF cycle in the U.S. ranges from US$12,000 to US$17,000, with some reports from the Department of Health and Human Services placing the potential cost between US$15,000 and US$20,000. This sustained, high-value patient expenditure ensures a robust and growing revenue stream for manufacturers of the specialized instruments essential to modern fertility treatment, making it a cornerstone of the modern gynecological devices market. Robotic Surgery Revolutionizes Gynecological Procedures and Propels Advanced System Device Adoption Minimally invasive robotic surgery has become the gold standard for many gynecological procedures, offering greater precision, shorter recovery times, and improved patient outcomes. This shift is driving rapid adoption of advanced robotic surgical systems, with the da Vinci system leading the market. In 2024 alone, 2,683,000 procedures were performed globally using da Vinci systems, reflecting exponential usage growth. Hardware sales surged as well, with 493 da Vinci surgical systems placed in healthcare facilities in Q4 2024, bringing full-year placements to 1,526. This expansion resulted in substantial financial gains: Intuitive Surgical reported US$2.41 billion in revenue for Q4 2024, up 25% from the previous year. Recurring revenue in the gynecological devices market from proprietary instruments and accessories climbed to US$1.41 billion in Q4, while capital sales of the systems hit US$1.97 billion for the full year. The da Vinci system generally sells for US$0.7 million to US$3.1 million, signifying significant capital commitment from hospitals. By 2020, over 5,500 da Vinci systems were installed in U.S. hospitals, with more than 2,000 hospitals nationwide now utilizing robotic surgery systems. This robust infrastructure supports continued growth: the global gynecological surgery robot market reached approximately US$3.2 billion in 2024 and is poised for further expansion. The outlook is especially strong given that nearly 600,000 hysterectomies are performed in the U.S. every year, many ideal for robotic assistance. Rising Prevalence of Pelvic and Endometrial Disorders Spurs Urgent Device Innovation A growing awareness among both patients and clinicians regarding the diagnosis and treatment of widespread yet historically underdiagnosed conditions such as endometriosis and pelvic organ prolapse (POP) is opening new frontiers for the gynecological devices market. The addressable patient population is substantial and expanding. Projections indicate that the number of American women suffering from at least one pelvic floor disorder is set to increase to 43.8 million by the year 2050. More specifically, the number of women with POP in the U.S. is expected to climb to 4.9 million by 2050, while the global population of POP patients is projected to reach an enormous 156 million by 2036. For endometriosis, a condition infamous for its diagnostic challenges, the average time from symptom onset to a definitive diagnosis is currently a staggering 8 years and 10 months. This diagnostic delay represents a critical unmet need and a clear opportunity for innovative diagnostic devices. Promising clinical research is underway to address these therapeutic gaps. A clinical trial involving 36 participants is evaluating a cannabidiol extract for endometriosis pain and is expected to conclude in December 2024, while another larger pain reduction trial with 102 participants is set to conclude in August 2024. Success in these trials could pave the way for new treatment paradigms supported by new devices. At-Home Testing Empowers Consumers and Rapidly Expands the Diagnostic Device Market A fundamental paradigm shift toward patient-centric care, emphasizing convenience, privacy, and empowerment, is fueling explosive growth in the at-home testing sector. This consumer-driven movement represents a critical expansion corridor for the diagnostic segment of the gynecological devices market. The market size reflects this rapid adoption; the global at-home testing market is estimated to reach a value of US$7,789.1 million in 2025, a healthy increase from its US$7,432.3 million valuation in 2024. The fertility testing sub-market is a particularly strong contributor to this growth, and it is estimated to be valued at US$672.9 million in 2025. Long-term projections are even more bullish, with the global Ovulation Test Market projected to expand to US$4.04 billion by 2032. Similarly, the broader global Fertility Testing Devices Market, which was valued at US$702.59 million in 2023, is projected to surge to an impressive US$1,171.55 million by 2032. The distribution channels for these devices are also modernizing to meet consumer demand. The online pharmacy segment has emerged as the dominant channel, holding the largest share of the fertility testing devices market in 2023 at 41.12%. This trend opens up a powerful direct-to-consumer channel, reshaping marketing and logistics for the entire gynecological devices market. Core Surgical and Diagnostic Device Advancements Enhance Overall Patient Care Efficacy Relentless and continuous innovation in the design and function of core surgical and diagnostic instruments remains a fundamental pillar of growth for the gynecological devices market. These advancements directly translate into improved clinical efficacy, enhanced safety profiles, and better patient experiences. A landmark development occurred in 2025 when Kephera Diagnostics launched its EndomTest, which stands as the first commercially available non-invasive blood test for endometriosis in the United States. This represents a significant leap forward in diagnostics. Simultaneously, the regulatory environment is adapting to support and safeguard this innovation. In November 2024, the Food and Drug Administration (FDA) announced a new communications pilot program specifically designed to enhance the medical device recall process, a program that explicitly includes obstetrics and gynecology devices. This heightened focus on safety is critical, as evidenced by an April 2024 recall of Boston Scientific's Obsidio Embolic device. A comprehensive review of high-risk recalls from 2002 through 2016 identified 7 distinct class I recall events that affected over 88,000 women's health medical devices. This history informs the current proactive regulatory stance, which ultimately fosters greater trust and ensures the long-term, sustainable health of the gynecological devices market. Tailor This Report to Your Specific Business Needs: The Staggering Economic Burden of Gynecological Conditions Underscores Urgent Device Need The immense economic weight imposed by common gynecological conditions on healthcare systems, employers, and patients provides a powerful and persuasive argument for the value proposition of effective and cost-efficient medical devices. The annual economic burden of uterine fibroids in the U.S. is a clear example, estimated to be as high as US$41.4 billion. A major driver of this staggering cost is the impact on workforce productivity, with lost wages due to fibroids costing American women approximately US$17.2 billion every year. The economic drain extends beyond fibroids. The annual surgical costs in the U.S. for treating pelvic organ prolapse now exceed US$1.523 billion. These multi-billion-dollar figures create a compelling business case for payers and healthcare providers to aggressively invest in advanced gynecological devices. Devices that can reduce the need for expensive surgeries, shorten hospital stays, minimize recovery times, and mitigate long-term complications offer a clear and quantifiable return on investment. This powerful economic reality serves as a persistent and significant demand driver for the entire gynecological devices market. Global Gynecological Devices Market Major Players: Karl Storz SE & Co. KG Hologic Inc. Boston Scientific Corporation B. Braun Melsungen AG Becton, Dickinson and Company CONMED Corporation CooperSurgical Inc. Coloplast A/S Johnson & Johnson (Ethicon) Medtronic plc Olympus Corporation Stryker Corporation Richard Wolf GmbH Intuitive Surgical Teleflex Incorporated Minerva Surgical Inc. Lumenis Ltd. Other Prominent Players Market Segmentation: By Product Surgical Devices Gynecological Imaging Devices Portable Tools By End Use Hospital & Clinics Ambulatory Surgery Centers (ASCs) By Region North America Europe Asia Pacific Middle East Africa South America Explore the Report Before You Buy – Book a Walkthrough: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website: