Latest news with #CadillacFormula1
Yahoo
04-07-2025
- Entertainment
- Yahoo
Marcel Barelli to Get Locarno Kids Award, Annecy Winner ‘Arco' to Screen at Fest
Swiss-born director and designer Marcel Barelli will receive the Locarno Kids Award at the 78th edition of the Locarno Film Festival this summer. He will be awarded the honor, presented by la Mobiliare, on the evening of Tuesday, Aug. 12. During the festival, Barelli will present the Swiss premiere of Mary Anning, chasseuse de fossiles, his new animated film dedicated to the British paleontologist and fossil pioneer 'who revolutionized the discipline in the early decades of the 19th century.' More from The Hollywood Reporter Keanu Reeves to Host, Exec Produce Docuseries on the Birth of the Cadillac Formula 1 Team in the U.S. CNN's Fred Pleitgen on Reporting From Iran and What the Media Narrative Doesn't Capture Bob Vylan Addresses Glastonbury Controversy: "We Are Not for the Death of Jews" The fest also unveiled the lineup for this year's Locarno Kids Screenings, the section dedicated to younger audiences. The program includes Arco, a French animated feature about unexpected friendship and the fate of a world impacted by climate change that won the best film award at this year's Annecy film festival and counts Natalie Portman among its producers. 'Barelli has established himself as one of the most promising and original voices in Swiss and international animation cinema,' Locarno organizers said. 'In short films, such as Gypaetus helveticus (2011), Vigia (2013) – winner of the Pardino d'Argento at the 66th Locarno Film Festival, Lucens (2015), and Habitat (2016), Barelli has developed a unique poetic style sensitive to themes of environmental sustainability, exploring the deep relationship between humans, animals, and nature. In 2022, he received the Swiss Film Award for best animated film with Dans la nature (2021).' Said Giona A. Nazzaro, artistic director of the Locarno Film Festival: 'Marcel Barelli represents an idea of resistance to the conformism of emotions, which becomes a light and dreamy trait to outline a world to rethink and rebuild, returning it to human beings of all ages. According to Barelli, cinema and animation are made of the same material as the most precious and generous dreams.' The 78th edition of the Locarno festival takes place Aug. 6-16. Here is the lineup for the Locarno Kids Screenings 2025: Arco by Ugo Bienvenu – Opening Film Swiss Premiere Fantastique by Marjolijn Prins World Premiere Grevlingene (The Badgers) by Paul M. Lundø – Closing Film World Premiere io non ti lascio solo by Fabrizio Cattani World Premiere L'Olívia i el terratrèmol invisible (Olivia and the Invisible Earthquake) by Irene Iborra Rizo International Premiere Skrzat. Nowy początek (Pixie. The New Beginning) by Krzysztof Komander International Premiere Tichá pošta (Secret Delivery) by Ján Sebechlebský International Premiere Best of The Hollywood Reporter The 40 Best Films About the Immigrant Experience Wes Anderson's Movies Ranked From Worst to Best 13 of Tom Cruise's Most Jaw-Dropping Stunts
Yahoo
18-03-2025
- Automotive
- Yahoo
Cadillac Will Pay $450 Million Anti-Dilution Fee to Join Formula 1
The new-for-2026 Cadillac Formula 1 team will pay a one-time anti-dilution fee of $450 million as part of the conditions for joining the championship for the 2026 season. Formula 1 announced ahead of the Australian Grand Prix that all teams have signed the 2026 Concorde Commercial Agreement, securing the long-term economic state of the championship, and in a statement outlined that 'Formula 1 has never been in a stronger position—and all stakeholders have seen positive benefits and significant growth.' It means that the teams now just have to reach a governance agreement with the FIA, a process which is typically straightforward. As part of the agreement, the anti-dilution fee for Cadillac has been set at $450 million, which will be distributed evenly between the other 10 Formula 1 teams ($45 million each), as part of the compensation for future prize money and revenue being split 11 rather than 10 ways. The Haas F1 Team, which joined Formula 1 for the 2016 season, did not pay an anti-dilution fee. Haas did not add a team to the grid, rather it replaced the outgoing Marussia franchise.
Associated Press
25-02-2025
- Automotive
- Associated Press
TWG Global launches TWG Motorsports with brands across F1, INDYCAR, NASCAR and IMSA
TWG Motorsports to champion the world's most high performing racing teams INDIANAPOLIS, Feb. 25, 2025 /PRNewswire/ -- TWG Global today announces the launch of TWG Motorsports, a new division created to bring together a portfolio of leading motorsports organizations to drive competitive excellence, ingenuity and commercial innovation across the globe, with the aim of challenging at the very top of the sport. Established in late 2024 by TWG Global co-chairs Mark Walter and Thomas Tull, TWG Motorsports is focused on setting a new standard for racing. Their commitment to driving innovation by utilizing next-generation technologies and leveraging synergies continues a history of commitment to sports as evidenced by a TWG Global sports portfolio that includes the Los Angeles Dodgers, Chelsea Football Club, Professional Women's Hockey League and stakes in the Los Angeles Lakers and other ventures. TWG Motorsports will apply the same transformative growth mindset to racing. Longtime Mark Walter partner Dan Towriss will lead TWG Motorsports as CEO. 'Dan has been instrumental in forming the landmark Cadillac Formula 1 team in partnership with General Motors and acquiring for TWG Global a broad racing portfolio that includes Andretti Global, Wayne Taylor Racing, and Spire Motorsports,' Walter said. 'We're excited to see these teams united under the TWG Motorsports umbrella and Dan's leadership,'' Tull added. Towriss also serves as CEO of Group 1001 Insurance, a U.S. financial services firm with more than $66 billion in assets under management. 'With a combination of operational excellence, technology and innovation, TWG Motorsports has the opportunity to drive true transformation in racing, set new standards for the industry and build a legacy of success across the globe,'' Towriss said. The division launches with a suite of renowned motorsports businesses already on its roster, including: Cadillac Formula 1: TWG Motorsports has partnered with General Motors to create the Cadillac Formula 1 team, expected to join the grid in 2026 Andretti Global: A motorsports organization with teams competing in the INDYCAR Series, Indy NXT and Formula E Spire Motorsports: A race winning NASCAR team with entries in the NASCAR Cup Series and NASCAR Truck Series Wayne Taylor Racing: Wayne Taylor Racing is a dominant force in endurance racing, competing in the GTP and GTD classes of the IMSA WeatherTech SportsCar Championship as well as in the Lamborghini Super Trofeo North America series. Walkinshaw Andretti United: The Bathurst 1000 winning race team competing in Australia's Supercars Championship. The team is a partnership between Walkinshaw Racing, Andretti Global/TWG Motorsports and United Autosports. By uniting the expertise, resources, and innovation of its teams, TWG Motorsports will use its comprehensive racing know-how to reshape the industry. Through advanced and emerging technologies, operational excellence, and hands-on experience—whether in the pit, among spectators, or on the track—TWG Motorsports takes a technology-forward, cross-industry and operations-driven approach that sets it apart. By consolidating efforts across multiple categories and sharing infrastructure worldwide, TWG Motorsports is poised to lead the field and break new ground in motorsport. About TWG Motorsports: TWG Motorsports is the motorsports entity of TWG Global, created to unify a robust racing portfolio across the world's biggest stages in Formula 1, IndyCar, Formula E, IMSA, and NASCAR. With strategic partnerships that include General Motors on the Cadillac Formula 1 team and ownership of Andretti Global, Wayne Taylor Racing, and Spire Motorsports, TWG Motorsports combines deep technical expertise, proven competitive excellence, and industry-leading marketing acumen. TWG Motorsports is committed to innovating, growing, and winning at the highest levels of the sport.
