Formula 1 expands grid to add General Motors' Cadillac brand and new American team for 2026 seasonPRIME Minister Keir Starmer must stand by Ukraine even if Donald Trump waters down US support, a poll says. Brits want to see Vladimir Putin’s Russia beaten and do not want the UK to back a peace deal that is bad for Volodymyr Zelensky’s nation. It comes amid fears that President Elect Trump will pull American military aid to Ukraine. He wants to end the Ukraine war “within a day” but this could mean pressuring Volodymyr Zelensky to give up territory. And Brits are not confident in The Don’s ability to handle the Ukraine conflict. The poll by think tank More in Common found that 41 per cent are worried a Trump-negotiated deal is likely to favour Russia more. Just 13 per cent think Ukraine would benefit more and 19 per cent think it will favour both equally. If Mr Trump negotiates a deal that Ukraine opposes, Brits tend to think the UK should oppose the deal too. But the survey marking the war’s 1,000th day this week shows British support for Ukraine remains resolute. Most read in The Sun 69 per cent said it is important to the UK that Mr Zelensky defeats Putin’s invasion. Just nine per cent say it is not. Former Defence Secretary Ben Wallace said: “It’s not enough for the Prime Minister to cash in on the strong, cross society support for Ukraine. “He and Rachel Reeves must put their money where their mouth is and fund our efforts and the modernisation of our own Armed Forces properly. “The people of the UK want him to lead, Europe and Ukraine want him to lead so I urge him, for the security of all of us, to do so.” The poll of 2,000 adults found strong support for supplying Ukraine with British weapons - with almost half saying we had spent the right amount or too little on military aid. Ukraine fired UK-supplied Storm Shadow missiles at Russia for the first time this week. And 48 per cent of Brits say it should be up to Ukraine to decide how they use the weapons we have provided them. Most want the UK to back Ukraine until they have won back the territory they had at the start of the invasion. Read More on The US Sun Luke Tryl, UK Director of More in Common, said: “Over 1,000 days into the war Britons remain resolute in support of Ukraine and think that beating Putin matters. “They are also clear that Keir Starmer should not back a US negotiated peace deal that is bad for Ukraine and that the UK needs to continue its support for the invaded country.”LAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. "Together, we’re assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world.’’ Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti’s dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years and F1 initially denied the application despite approval from F1 sanctioning body FIA . The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they’ve already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti’s application was the only one of seven applicants to meet all required criteria to expand F1’s current grid. “General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. “Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024,” F1 said in a statement. “Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. “With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." AP auto racing: https://apnews.com/hub/auto-racing
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BofA Securities downgraded Editas Medicine Inc EDIT , citing few value-driving catalysts in the near term . In its third-quarter earnings release, Editas Medicine said it engaged an investment bank to lead the process of partnering or out-licensing reni-cel (renizgamglogene autogedtemcel, previously EDIT-301). The company is developing reni-cel for sickle cell disease and transfusion- dependent Beta Thalassemia . The company is on track to share additional clinical and patient-reported outcomes data from 28 patients in the RUBY trial for sickle cell disease at the American Society of Hematology Annual Meeting in December. The company has completed enrollment of the adult cohort of the EdiTHAL trial for thalassemia and continues patient dosing. The analyst notes that Editas announced a shift in focus toward in vivo development, specifically working on lipid nanoparticle (LNP) formulations for treating sickle cell disease (SCD) and thalassemia. While preclinical data shows some progress—29% editing in hematopoietic stem and progenitor cells (HSPCs) and around 20% of red blood cells expressing fetal hemoglobin (HbF)—more evidence is needed to prove functional benefits and advance to clinical trials. Meanwhile, competitors like Beam Therapeutics Inc BEAM and CRISPR Therapeutics AG CRSP are investing heavily in their in vivo programs for SCD and thalassemia, with better-prepared manufacturing and development for clinical trials. Given the deprioritization of reni-cel and the increasingly competitive environment for ex vivo therapies, BofA has reduced estimates and probabilities of success in SCD and beta-thal to 10% (from 60% prior). The analyst downgraded from Buy to Underperform, with a price target of $1, down from $13. This intensifying competition, limited short-term clinical milestones, and declining interest in gene editing pose challenges for Editas and could pressure its stock in the near term. Price Action: EDIT stock is down 0.41% at $2.43 at last check Monday. Read Next: AMD Teams Up With Taiwan Semi To Take On Samsung In Smartphone Market Photo by Ground Picture on Shutterstock. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ostin Technology Group Announces Effective Date of Reverse Share SplitSquash matches are commonplace within professional wrestling. They're often designed to win a young talent over with the fan base or give a returning star some momentum moving forward. However, we seldom stop and wonder what those matches do to the talent on the losing end. To put it bluntly, a squash match is an on-air butt-kicking. The matches last a few minutes at most and are primarily one-sided. The "squasher" usually has minimal offense but must find a way to shine if they want to be remembered. Those types of matches are part and parcel of paying your dues. Either you're an established talent working your way back up the roster, or you're an up-and-comer trying to get in the good graces of the booker and creative team. During a recent interview with me via the "Taylor Talks Wrestling" podcast , former AEW talent Fuego Del Sol discussed the importance of paying your dues. "I think ego has hurt a lot of people's careers, especially in the past 10 years," Del Sol said. "I think my mindset going into any match is play the role that you are giving to the best of your ability in hopes of earning a better role later...So no matter who I'm wrestling, if I'm wrestling the best of the best or the worst of the worst, or a celebrity coming in just to, you know, help get more eyes on the product, you gotta do what you gotta do, uh, because that's what you're paid to do." Squash matches aren't fun to watch. They're boring and predictable. However, like most things in life, they have their place. There's a clear method to putting them on a show, especially if they segue into a promo, which is often the case. Nevertheless, talents have to walk a fine line. Del Sol found his tenure in AEW primarily consisted of squash matches. As such, he understands the downside of becoming known as someone who shines while losing. "If you're really great at taking an a** whooping, then you're only going to be known as that guy," Del Sol said. "I remember I just heard a Ricochet interview recently where they (WWE) would tell him, 'hey, you got this match on raw tonight, or hey, you got this many minutes. Can you find a way to lose in a spectacular fashion?' He was like, 'yeah, I keep doing spectacular things, but I keep losing and that's not what I wanted. And I just became the spectacular losing guy.'" Figuring out how to walk that fine line can't be easy. However, if you want to climb the political ladder within a wrestling company, it's a tightrope you must walk at one point or another. The only way to avoid it is to join a company when you already have a following or a big reputation. Still, it's easy to see why so many talents stick to the indie scene. Leaving your ego at the door is a must, even if it's counterintuitive to reaching your goals. All quotations obtained firsthand unless otherwise noted.
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