Latest news with #Venturi
Time of India
29-05-2025
- Automotive
- Time of India
How the first ever Formula E race in Beijing was more talked about for an infamous collision – watch yourself to believe it
Image credit: Formula E The Beijing E-Prix, held in 2014, was the first-ever Formula E race. It didn't just grab attention for being a high-speed electric car event styled like Formula 1 — it became widely talked about due to a mind-numbing collision between Venturi's Nick Heidfeld and Renault's Nicolas Prost. Both drivers were chasing the historic opportunity to become the first winner in a fully-electric single-seater race but ended up smashing into each other. Here's everything about what led to that infamous crash — and what saved Heidfeld as his car somersaulted before crashing head-first into the ground. Also, see what the driver had to say after the incident. Watch the infamous collision of the first ever Formula E race in Beijing The crash happened at the final corner on the last lap. As Nick Heidfeld made a move to take the lead, Nicholas Prost steered across the track to defend. When their cars made contact, Heidfeld's front-right suspension broke, sending his car out of control. He wasn't able to slow down and hit a kerb, went airborne, and slammed into the barrier. Miraculously, Heidfeld walked away unharmed and immediately went over to Prost to talk about the incident. P rost was given a 10-place grid penalty for the following race, while Lucas Di Grassi went on to win the Beijing E-Prix. A day before the Shanghai E-Prix, Formula E shared the video of the infamous crash on Instagram, captioned: 'Drama from the very start! Our first-ever race in 2014 ended with a huge incident in Beijing!' Formula E fans were shocked watching the replay. 'What on earth was that move!!!!' asked one fan. Another commented, 'Did he get charged with attempted murder? Awful move.' One more added, 'It was Epic start of the sport. I was shocked watching this live. And it was before the Halo.' Several also pointed out the lack of a halo — a safety device introduced years later: 'Wtf, they should have halos on those things that coulda been deadly,' read one comment. What Nick Heidfeld said after the crash Nick Heidfeld, however, chose to focus on the positives, though he admitted he was lucky to be unharmed. Speaking to Formula E's YouTube channel after the crash, he said: 'I think more about the chance I had here last year, how good the car worked, and that I could have won, rather than about the crash. Of course you see it all the time everywhere and people speak about it and for me it was quite easy to cope with because I was simply lucky that nothing happened. ' He added: 'It's maybe not the perfect reason to have people tuning in but it was still fantastic to get a lot of attention for the championship and I think after that a lot of people kept watching it because it's not only the crash but as the following races did show they were all exciting races you never know who's gonna win and it was good in the end for the championship.' Also Read: Countdown to Shanghai E-Prix begins as special trophies and soundtrack unveiled for Formula E double header What saved Nick Heidfeld The roll hoop in Heidfeld's Venturi car protected his head when the vehicle landed upside down. This component had been tested to withstand a nine-tonne vertical force before the electric cars hit the track. Later, the halo was mandated by the FIA to further improve driver safety. Get IPL 2025 match schedules , squads , points table , and live scores for CSK , MI , RCB , KKR , SRH , LSG , DC , GT , PBKS , and RR . Check the latest IPL Orange Cap and Purple Cap standings.
RTÉ News
15-05-2025
- Business
- RTÉ News
Irish professional services firm Org Group buys Venturi
Cork headquartered Irish multinational professional services company Org Group has acquired technology recruiting business Venturi. Org Group employs over 3,000 people in 10 countries worldwide with subsidiaries including recruitment firm Morgan McKinley and business process managed services company Abtran. Venturi is headquartered in Manchester with offices in New York, the US and Germany. Venturi's founder, Brad Lamb, and the company's leadership team and staff will remain with the business within the Org Group after the deal. "Venturi has a leading presence in key technology sectors including technology consulting, fintech, and e-commerce with long established and high growth clients," said Seb O'Connell, Org Group's chief executive. "This strategic combination of our companies will add further value and scale to our offering and capabilities," Mr O'Connell said. Brad Lamb, Managing Director of Venturi, said the business is entering a new chapter of growth and innovation. "This partnership represents a powerful alignment of shared values and ambition where we will continue to deliver exceptional talent solutions to our clients worldwide," Mr Lamb said.
Irish Examiner
15-05-2025
- Business
- Irish Examiner
Cork's Org Group acquires UK recruitment firm Venturi
Cork services firm the Org Group has acquired Manchester IT recruitment firm the Venturi Group. Org is the holding company for Irish-owned recruitment firm Morgan McKinley, business process services company Abtran, and advisory firm Org. The group employs 3,000 people in ten countries. Most recent accounts for 2022 showed revenues of €350m, with the firm targeting growth to €1bn by 2030. Financial details of the acquisition have not been disclosed. In a statement, the Org Group said the deal will specifically complement the capabilities of the Group's Org Advisory and Technology Services teams, specialising in the future of work through digital transformation, workforce technology enablement and organisational design for technology-driven change. Venturi is headquartered in Manchester, with offices in New York, USA and Düsseldorf, Germany. Their clients include Red Kite, Bet 365 and Money Supermarket. The company reported turnover for the 12 months to the end of March of just under £11m (€13.1m). Org Group CEO Seb O'Connell said Venturi has a leading presence in key technology sectors including technology consulting, fintech, and e-commerce with long established and high growth clients. "This strategic combination of our companies will add further value and scale to our offering and capabilities. Through our investment in Venturi, we are expanding our market presence and opening new avenues for our clients to the essential human capital they rely upon to thrive and succeed in competitive industries around the world," he said. Venturi's Managing Director Brad Lamb said: "Together, we are uniquely positioned to unlock new opportunities for talented people and industry-leading clients, creating market impact and value in key technology growth sectors." The Org group advises clients, resourcing their operations and delivering managed solutions to complex issues. The Group has seen significant growth in the APAC and EMEA regions supported by growing delivery centres in India, Ireland and the Philippines, underpinned by new technology platforms.
Yahoo
29-01-2025
- Business
- Yahoo
Local expert calls out real estate website's false claim that 71% of ABQ home sales in October were 'all cash'
Jan. 28—The story read like something out of a horror movie — at least for potential homebuyers in Albuquerque looking to finance their purchase. "In the high-desert city with a population of more than a half-million, made famous as the setting of AMC's 'Breaking Bad,' 71% of home purchases were all cash in October 2024," read a portion a story posted Jan. 18. It alleged Albuquerque was the No. 1 U.S. city for all-cash purchases. The story found that Albuquerque's all-cash share was more than double the national average, which accounts for 34.6% of home purchases. But the story, written from what said were the latest figures it compiled for all-cash purchases, used faulty data, according to a local real estate expert. The true share of all-cash purchases in October? Roughly 14.4%, according to Albuquerque Realtor and past president of the Southwest Multiple Listing Service, Tego Venturi. That October number for all-cash purchases of homes in Albuquerque, Venturi added, falls more in line with the annual percentage of 14.6%. The Southwest Multiple Listing Service, or SWMLS, a subsidiary of the Greater Albuquerque Association of Realtors, is a database of properties for sale covering Central New Mexico, Venturi said. The data from the SWMLS are also used to track real estate trends in the area. The story, which didn't use SWMLS data and which was taken down after the Journal reached out for comment last week, caused a bit of a stir in the local residential real estate scene, Venturi said. It's left some wondering: Is this percentage from for all-cash sales last year true? And if so, what could this mean for those looking to buy a home? "It could scare potentially some first-time buyers," Venturi said. "I did see people making that comment that it would make them believe that they had no chance in ever owning a home, or that they can't compete with these cash buyers because they've got to get financing and (have) a low down payment." Venturi first encountered the story earlier this month when he made a Facebook post sharing data on how Albuquerque homebuyers were purchasing single-family homes. Another local real estate agent commented on Venturi's post about the story from asking if he could confirm the data was accurate. That led Venturi to contact and ask how its team came up with the data associating Albuquerque with the highest percentage of all-cash sales in the country. Venturi said he didn't get a response for a few days. It "looks like there was something amiss with the data" and that the company was "digging into it," a spokesperson for the company, Asees Singh, wrote to the Journal in an email last week. Singh didn't get back to the Journal with a reason why the data may have been inaccurate. But Venturi said he was able to recently chat with Danielle Hale, chief economist, who told him that the company pulled public records, "meaning she's using county record data, which will record a record of sale." Hale didn't immediately respond to a Journal request for comment. "I asked her, 'Well, how many properties did you account for when you did that? Because all you did was report the percentage, not the not the number of closings,'" Venturi recalled. "And she said, 'It was like, 2,200.' I'm like, 'Well, there's your problem. You're counting something other than residential sales because residential sales were around 900 or so in October.' She came up with (her number) based on county records, and so it looks like what they were doing was counting land sales." Data provided by Venturi and SWMLS for 2024 show about 60.8% of single-family homes last year were purchased with conventional loans. The next biggest type was Federal Housing Administration loans, making up about 15% of all purchases. Next was, of course, cash sales. Veterans Affairs loans made up just over 8%; seller-financed purchases were under 2%. Over the past seven years, according to the data, all-cash sales for Albuquerque home purchases hovered anywhere from a low of 11.6% in 2020 to a high of 17.7% in 2022. Venturi said those numbers dismiss the notion that all-cash buyers are buying up all the homes in the city, particularly the belief that "Wall Street people are buying all the homes." "That's just not happening here in Albuquerque," Venturi said. "The message has got out there some, but I think more people (need to) understand that we are not a big cash-buyer city. ...We are people just trying to raise their families and live their lives."
