Latest news with #AlbertPark

News.com.au
12 hours ago
- Automotive
- News.com.au
2026 Formula 1 calendar: Australia to open the season, Imola out, Madrid in
Australia's world title leader Oscar Piastri will again kick-start his 2026 campaign on home soil chasing a maiden Australian Grand Prix victory after Albert Park was confirmed as the opening race of next year's Formula 1 calendar. The FIA and Formula 1 released the 24-race 2026 calendar on Tuesday with the Melbourne race locked again in as the season opener on March 6-8. The season will conclude with the Abu Dhabi Grand Prix on December 6 and there is one major change to the calendar with Madrid (September 11-13) making its debut on the schedule and Imola has dropped off. Australia returned to its traditional slot as the season-opening race this year for the first time since 2019 after losing its spot during the Covid pandemic. Leading the 2025 world championship standings, Piastri will again chase his first Australian Grand Prix win next year after finishing ninth at Albert Park this year. Piastri sits 10 points clear of his McLaren teammate Lando Norris after winning five of the opening nine races. While all eyes will be on McLaren star and hometown hero Piastri, the season-opening race will also feature the debut of the Cadillac F1 team as the 11th team on the grid and the Audi F1 Team after its acquisition of current team Sauber and the introduction of new regulations. '(The) 2026 (season) will be a new era for Formula 1 where we will witness a brand-new set of regulations for our sport, the cars and the engines that will be powered by 100% sustainable fuel,' president and CEO of Formula 1, Stefano Domenicali, said. 'We are excited to welcome Madrid to the calendar, and to see huge automotive brands like Audi, Cadillac and Ford join the Formula 1 grid.' The Chinese Grand Prix will immediately follow the Australian race in a double-header, before the season moves to a stand-alone race in Japan. The Bahrain and Saudi Arabian Grand Prix will once again be held in April due to Ramadan being observed throughout February and March. In date alterations to the F1 calendar, the Canadian Grand Prix will now follow Miami in an earlier slot on May 22-24 to help with the 'geographical flow' of races. The change creates a consolidated European leg, which will start with the Monaco Grand Prix on June 5-7 and will finish in Madrid. The calendar then returns to Asia with the Azerbaijan and Singapore Grands Prix, ahead of a triple header in the Americas, before Las Vegas, Qatar, and Abu Dhabi once again close out the season.

ABC News
13 hours ago
- Automotive
- ABC News
F1 Australian Grand Prix confirmed as first race of the 2026 championship
Formula 1's new era will begin in Melbourne after the Australian Grand Prix was confirmed as the first race of the 2026 season. F1 will go through a massive change in 2026, with the introduction of Cadillac as the 11th team on the grid, as well as an overhaul of the sport's technical regulations. Audi will also make their debut in F1, taking over Sauber at the end of 2025. The 2026 Australian Grand Prix weekend will be held at Albert Park from Thursday, March 5 to Sunday, March 8. Melbourne's Albert Park circuit hosted the opening round of the 2025 season, with the estimated weekend attendance of 465,498 becoming a new record at the venue. "The Formula 1 calendar announcement is always an exciting moment, and in the coming weeks we will be sharing on-sale dates for tickets to the Formula 1 Australian Grand Prix 2026, which we know will be eagerly anticipated," Australian Grand Prix Corporation CEO Travis Auld said. "There is something special about being the first race of the season, and we're looking forward to sharing that with hundreds of thousands of fans once again in 2026." F1 released the full 24 weekend calendar on Tuesday, with the Abu Dhabi Grand Prix to be the season finale on December 6. Madrid is the newest addition to the circuit list, with Italy's famed Imola circuit, home of the Emilia Romagna Grand Prix, falling off the calendar. F1 has had 10 teams on the grid since the 2013 season. The introduction of Cadillac and Audi as teams highlights the popularity F1 has enjoyed over the past decade. American auto giant Ford will also rejoin F1 for the first time since 2004, partnering with Red Bull on their powertrains. McLaren driver Lando Norris won this year's Australian Grand Prix, ahead of Red Bull's Max Verstappen and Mercedes driver George Russell. Hometown hope Oscar Piastri, who leads the F1 championship heading into this weekend's Canadian Grand Prix, spun late and finished ninth in Melbourne.


Daily Mail
4 days ago
- Daily Mail
Controversial ex-footy star involved in an ugly spat outside a popular pub
Controversial AFL great Wayne Carey has been filmed in a messy scuffle with another man outside a popular Melbourne pub. The video, which has been plastered across social media, was filmed outside The Albert Park Hotel just after 8pm on Thursday. Carey, 54, and an unidentified man appeared to engage in a shouting match with a third man wearing a backpack. The former North Melbourne captain was later seen grabbing the backpack-wearing man by the sleeve of his shirt while the other man implored Carey to 'relax'. The other two men then engaged in their own shouting match before the backpack wearing man appeared to shove him. A woman bystander soon yelled for the trio to 'move it on' before the men parted ways while trading parting verbal barbs. Carey told the Herald Sun he had been harassed by the man with whom he became entangled. 'Unfortunately, there are antagonists who target you based on your experiences as a has-been footballer, he said. 'This individual is a serial harasser — and he chose to repeat his behaviour through vile and obscene slurs, again, last night.' A spokesperson for Victoria Police told Daily Mail Australia police were called to an incident in Albert Park on Thursday. 'It is believed two men were involved in an altercation outside a licensed premises on Dundas Street just after 8pm,' they said. 'Both males had left the area prior to police attending and no official report has been made.' An Albert Park resident said Carey and the backpack-wearing man were heard yelling at one another inside the venue before moving outdoors. Carey was reportedly seen embracing controversial journalist Dylan Howard at the inner-city pub earlier that evening. Mr Howard was a central figure in the US tabloid the National Enquirer's strategy to minimise negative press about Donald Trump in the lead up to the 2016 US election. Carey and Mr Howard were rumoured to be friends earlier this year, having previously been spotted at venues across Melbourne, according to The Age. It is only the latest scandal in Carey's decades-long career of courting controversy. The father-of-four recently opened up about his fling with his teammate Anthony Stevens' now ex-wife Kelli in 2002, calling it the 'single-biggest mistake' of his career. 'Obviously there was guilt, there was shame, there's toxic shame and that lasted forever in a day,' he said on the Shaped podcast on Thursday. Carey left North Melbourne following the cheating scandal to join the Adelaide Crows, later admitting on reality TV show SAS Australia it 'haunted me for over 20 years'. He also confessed to being unfaithful in past relationships, telling host Trent Cotchin it came from a place of poor self-worth and shame. 'I was not a good partner in terms of being unfaithful,' he said. 'It's the insecurity in yourself, it's the shame, it's wanting, needing someone else to make you feel good about yourself whether it be company, whether it be sex, whatever it may be.' Carey is regarded as one of the greatest centre-half forwards to have ever played the game, having been a seven-time All-Australian and four-time Syd Barker medallist. Since retiring in 2004, he has rarely been far from the spotlight. In 2007 he was arrested in the United States after allegedly breaking a wine glass in his fiancée Kate Neilson's face. He later pleaded guilty to two counts of battery of a law enforcement officer over a subsequent altercation with his arresting officers. The following year, police discharged capsicum spray in an attempt to subdue Carey after he allegedly assaulted officers in Port Melbourne. In 2022, Channel Seven let him go after he was kicked out of a Perth casino when a bag containing unidentified white powder allegedly fell from his pocket.

News.com.au
10-05-2025
- Business
- News.com.au
Ticketmaster boss Gavin Taylor selling ‘house-size' apartment featuring a built-in bar
Ticketmaster boss Gavin Taylor is selling his 'house-size' Melbourne apartment with a $1.2m-$1.32m price tag. Mr Taylor was appointed as the ticketing platform's chief executive since 2021, the same year that he purchased the three-bedroom home located in a complex opposite Albert Park Lake. He previously served as the West Australian Football Commission's chief executive and has held a number of other sports and health-related positions. Five bidders fight for dilapidated Albert Park Victorian-era abode at auction RT Edgar's Chelsie Cargill said that Mr Taylor had lived at the 170sq m abode with his family and their pet dog Alby, who features in some of the listing photos. 'This is a hard-to-find, house-size apartment that truly stands out for its amazing size and space – a rare gem in today's market,' Ms Cargill said. Since buying the residence, the Taylors have extensively renovated it. 'The wow factor is in the open-plan living and kitchen area,' Ms Cargill said. 'They gutted the apartment and put in a new kitchen, bathrooms and laundry.' Showcasing high ceilings and large windows, the northwest-facing living and dining area has a fireplace and built-in bar. In the kitchen there's a 90cm induction cooktop and oven, dishwasher, large engineered stone benchtops and filtered water tap. Views of Albert Park Lake and Melbourne CBD's skyline can be enjoyed from the kitchen's central bench. A tiled outdoor entertaining terrace looks over nearby treetops while guests can also take advantage of a powder room separate to the main bathroom. The main bedroom features a walk-in wardrobe and ensuite, while other highlights include a study, double-glazed bedroom windows, ducted heating and cooling, intercom entry, basement parking and access to the complex's communal pool. Ms Cargill said she expected interested buyers to include families wanting the convenience of a location close to the city, restaurants, Albert Park Golf Course and Chapel St. 'It may be someone interstate who wants a place in Melbourne for when they travel, obviously you would have first-class seats to watch the Grand Prix from the home,' she said. The residence will be auctioned at 10am on May 31.


Express Tribune
06-05-2025
- Business
- Express Tribune
ADB warns against long-term protectionism
Listen to article The Asian Development Bank (ADB)'s Chief Economist, Albert Park, has expressed support for Pakistan's efforts to successfully complete its International Monetary Fund (IMF) Extended Fund Facility (EFF), noting that such a move would likely enhance Pakistan's standing with other international lenders, including the ADB itself. However, he warned that any hopes of a sharp drop in interest rates purely due to an IMF qualification may be unrealistic. Responding to questions from The Express Tribune on the sidelines of the ADB's 58th Annual Meeting in Italy, the bank's chief economist said that an IMF deal acts as a "signal" of macroeconomic discipline and stability. "If the IMF comes to an agreement with Pakistan, that's important for the ADB. It means we feel Pakistan is more fiscally sound," the official explained. However, they added that while such agreements impact lending confidence, they do not automatically translate into lower interest rates from multilateral agencies like the ADB. ADB lending decisions, he noted, are primarily based on a country's level of development and debt sustainability. "We don't want to lend to countries with unsustainable debt burden. But once there is a reform agreement in place, it opens up avenues for deeper engagement," the official said. The ADB also weighed in on the ongoing debate in Pakistan about whether it should pursue protectionist industrial policies to shield local industriesat least in the short termbefore liberalising trade. Addressing this, the official said that while historical examples exist of countries like Japan, India and South Korea using temporary protectionism during their early industrial phases, in many cases such protection becomes entrenched. "In theory, temporary protection might help an industry grow, but in practice, protections often become permanent due to vested political interests," Park warned. "That leads to inefficiencies and higher costs, especially in today's globalised world where foreign direct investment depends on openness and predictability." Instead, ADB official stressed that Pakistan and other South Asian economies, including India and Bangladesh, should focus on boosting exports, improving ease of doing business, and attracting foreign investment. Trade liberalisation and participation in global value chains were identified as long-term strategies for sustained economic growth. On India, He said the country is well-positioned to benefit from shifting global supply chains, especially post-COVID. However, India needs to address infrastructure bottlenecks, reduce trade barriers, and improve its regulatory environment. "India remains relatively protectionist," said Park, cautioning that high tariffs on intermediate goods could make domestic industries less competitive globally. In Bangladesh's case, officials noted that the country's slow integration into regional and multilateral trade blocs— such as ASEAN and RCEPlimits its export diversification potential. Currently, Bangladesh has only one bilateral trade pact, a preferential trade agreement (PTA) with Bhutan. ADB attributed this hesitation to fears of heightened competition, but stressed that greater openness could lead to long-term benefits. The ADB also flagged growing concerns over escalating trade tensions globally, particularly involving the United States and China. The bank's April outlook forecasted Asia's growth at 4.9% this year and 4.7% for 2026, admitting that those figures did not account for recent reciprocal tariffs announced by Washington. "The uncertainty itself is harming investment and production across Asia," the official said. "Increased volatility, especially from shifting trade policies, has led to a slowdown in manufacturing and weakened business confidence."