Latest news with #MelbourneGrandPrix
Time of India
12-05-2025
- Automotive
- Time of India
'Winning the races is what is exciting at the moment': Oscar Piastri looks back on F1 championship lead with eye on performance rather than points
Oscar Piastri (via Getty Images) During a season where results have seen Oscar Piastri sit atop the Formula 1 drivers' championship, the Australian racer has explained that his pleasure is not merely being at the front but in the path that saw him arrive there. With four victories from the first six races of the year, Oscar Piastri is now 16 points ahead of fellow McLaren driver Lando Norris. But he finds the turnaround and form since his home event in Melbourne most significant. Oscar Piastri takes pride in comeback after difficult Melbourne Grand Prix View this post on Instagram A post shared by ColorsTV (@colorstv) Oscar Piastri's rise to the top of the 2025 Formula 1 championship has been nothing short of impressive, but the 23-year-old is more focused on how he got there than the fact itself. After a rain-soaked ninth-place finish at the Australian Grand Prix in Melbourne—a race that began with promise but ended in disappointment— Oscar Piastri has strung together a remarkable series of results. Speaking after his fourth win of the season, Oscar Piastri explained that his satisfaction comes from understanding the factors behind his success. 'Winning the races is what is exciting at the moment,' Oscar Piastri told RacingNews365. 'The championship lead is nice, but I said after Saudi, I'm much more proud and satisfied of the work and the reasons behind why I'm leading the championship than actually the fact that I am leading the championship. Especially given that Melbourne didn't go very well from a points point of view. It went well as far as execution goes, but considering I started with a bit of a deficit and I've pulled it back, I think that's kind of the part that I'm enjoying the most-it's the reasons why we're leading the championship.' Though Lando Norris had taken the season opener at Melbourne, the performance of Piastri thereafter has changed the course. Successes in Saudi Arabia and Miami have not only wiped away the initial disadvantage but also proved the his strategic calmness. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Click Here - This Might Save You From Losing Money Expertinspector Click Here Undo Also read: How one skill transformed Oscar Piastri into a genuine F1 title contender, says McLaren boss Andrea In a title fight to a large extent characterised by brute speed and aggression, Oscar Piastri is developing as the image of measured precision and determination. With two-thirds of the season ahead, the McLaren sensation seems wholeheartedly intent on defending not only the lead—but the level of form that put him there.
Sydney Morning Herald
26-04-2025
- Business
- Sydney Morning Herald
Sought-after Melbourne suburbs where house prices have plunged
'The buyer pool, where there is a median over $4 million, is quite shallow,' he said. 'But this time last year, we saw the affordable end of the market lead, and opportunistic buyers will take advantage of the price drops that we have seen at the top end. 'The supply and demand imbalance, in terms of the number of listings on the market, still leans towards a buyer's market. 'We have seen buyer confidence lift since that first rate cut, and as rates fall over the course of the year, there will be a level of buyers coming back into the market.' In Toorak, property developer and former Melbourne Grand Prix boss Paul Little sold Coonac in February for a sum that whispers placed between $115 million to $150 million. At the lower end, it sets a state record. At $150 million, it would be Australia's priciest house. Last month on Toorak's Kenley Court, the sale of an older dwelling for a reported $13 million pushed the price per square-metre record in the suburb to $17,000. Loading Buyers' agent David Morrell, director of Morrell and Koren, said the prestige market persisted. 'What we are not seeing is competitive stress above expectations, with the exception of Kenley Court - it's a triple-A block of land and they came out of the woodwork for it,' he said. 'The temperature of the market has certainly gone from a seller's market to a buyer's market, and what has bit into the marketplace on a broader spectrum is land tax in Victoria, which has really belted what we call the discretionary spend. 'That is down at the beach – people cannot afford $100,000 in land tax for a holiday house. That has stopped that market in its tracks. 'I would love it if Toorak has dropped 20 per cent, but it's just not happening.' Marcus Chiminello, director at Marshall White in Stonnington, said Toorak, as a suburb, was a sought-after 'brand', and the most prevalent place in Victoria for off-market deals. 'It can only take one or two big sales results to grossly change the median price year-on-year,' said Chiminello, who also sells in South Yarra and Armadale. 'The market has plateaued over the past two years and has really normalised. Loading 'Whether it is $5 million or $50 million, we are seeing consistent transactions. If the market was falling, that would not be occurring.' There are few postcodes in Australia where budget buyers can rub shoulders with bone fide rich listers. Michael Gibson, director of Forbes Global Properties, who lists in the eastern suburbs and bayside, including Brighton, said Melbourne's premier neighbourhoods had this breadth and depth. 'Toorak is a fascinating suburb,' he said, 'You can still buy an apartment for $700,000 but you can also pay $70 million, and I would have thought that is pretty unique for any suburb, outside of a couple in Sydney. 'I think a lot of the data is driven around the lower end – these are sales where you can see the data, but the upper end is entirely different. 'We have had sales in the last six months of $40 million and just under $70 million, done quietly, off market.'
The Age
26-04-2025
- Business
- The Age
Sought-after Melbourne suburbs where house prices have plunged
'The buyer pool, where there is a median over $4 million, is quite shallow,' he said. 'But this time last year, we saw the affordable end of the market lead, and opportunistic buyers will take advantage of the price drops that we have seen at the top end. 'The supply and demand imbalance, in terms of the number of listings on the market, still leans towards a buyer's market. 'We have seen buyer confidence lift since that first rate cut, and as rates fall over the course of the year, there will be a level of buyers coming back into the market.' In Toorak, property developer and former Melbourne Grand Prix boss Paul Little sold Coonac in February for a sum that whispers placed between $115 million to $150 million. At the lower end, it sets a state record. At $150 million, it would be Australia's priciest house. Last month on Toorak's Kenley Court, the sale of an older dwelling for a reported $13 million pushed the price per square-metre record in the suburb to $17,000. Loading Buyers' agent David Morrell, director of Morrell and Koren, said the prestige market persisted. 'What we are not seeing is competitive stress above expectations, with the exception of Kenley Court - it's a triple-A block of land and they came out of the woodwork for it,' he said. 'The temperature of the market has certainly gone from a seller's market to a buyer's market, and what has bit into the marketplace on a broader spectrum is land tax in Victoria, which has really belted what we call the discretionary spend. 'That is down at the beach – people cannot afford $100,000 in land tax for a holiday house. That has stopped that market in its tracks. 'I would love it if Toorak has dropped 20 per cent, but it's just not happening.' Marcus Chiminello, director at Marshall White in Stonnington, said Toorak, as a suburb, was a sought-after 'brand', and the most prevalent place in Victoria for off-market deals. 'It can only take one or two big sales results to grossly change the median price year-on-year,' said Chiminello, who also sells in South Yarra and Armadale. 'The market has plateaued over the past two years and has really normalised. Loading 'Whether it is $5 million or $50 million, we are seeing consistent transactions. If the market was falling, that would not be occurring.' There are few postcodes in Australia where budget buyers can rub shoulders with bone fide rich listers. Michael Gibson, director of Forbes Global Properties, who lists in the eastern suburbs and bayside, including Brighton, said Melbourne's premier neighbourhoods had this breadth and depth. 'Toorak is a fascinating suburb,' he said, 'You can still buy an apartment for $700,000 but you can also pay $70 million, and I would have thought that is pretty unique for any suburb, outside of a couple in Sydney. 'I think a lot of the data is driven around the lower end – these are sales where you can see the data, but the upper end is entirely different. 'We have had sales in the last six months of $40 million and just under $70 million, done quietly, off market.'
The Guardian
16-03-2025
- Automotive
- The Guardian
Jack Doohan ‘not looking for excuses' after nightmare F1 Australian Grand Prix
Alpine rookie Jack Doohan has pledged to return for 'many more' Melbourne Grand Prix despite crashing on the first lap of his debut race in Australia. The 22-year-old was one of three drivers to fall foul of the wet surface in the early stages after a day of heavy rain, marking a disappointing end to a weekend where he showed promise in qualifying 14th. Doohan said the car slipped out from under him when we was shifting up from third gear. 'As I went into fourth [gear] I lost the car, so [there are] some things that I'm going to need to understand, because for me, that wasn't out of the normal,' Doohan said, speculating that he may have lost grip on one of the white lines on the fast street circuit. 'It's a constant learning process, unfortunately this one has big consequences, but I've definitely learned, and I'm going to ensure that it doesn't happen again.' Despite Doohan's early exit the Australian was not even the first driver to retire. Rookie Isack Hajdar spun his Racing Bulls car on the formation lap. Under the yellow flag that followed Doohan's accident, Williams veteran Carlos Sainz also found the wall, highlighting the treacherous nature of the conditions. Doohan said he wasn't looking for excuses. 'It's my first shunt in one of these Formula One cars, I'm sure it won't be the last, it's a brutal way to have it, but it happens, we're humans,' he said. 'I didn't want it to happen, but it has. so I've accepted it, and I'm not really looking for excuses out there for other drivers or anything like that. I made this mistake, and I accept and I look forward to bouncing back.' Sign up to Australia Sport Get a daily roundup of the latest sports news, features and comment from our Australian sports desk after newsletter promotion Speculation swirls around Doohan and the pressure he is under from Alpine reserve driver Franco Colapinto for his seat, and some reports suggests he may have as few as three races to prove his is worthy of his seat. 'You have to enjoy today, and look forward to tomorrow,' Doohan said. 'Each time I get to hop into these machines – I think we all are [thinking] – it's a privilege, and I look forward to many more homegrown grand prix, and to the rest of the season.' Of the six rookies, only Williams' Kimi Antonelli and Haas' Oliver Bearman finished the race, won by Lando Norris in the McLaren.
