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F1 sprints

FORMULA One teams agreed to double the number of sprint events to six in

2023 at a meeting this week but formal approval was stalled by the governing FIA who called for a further evaluation.

The world body said that the proposal was to use the same format as this season, with points awarded to the top eight in the 100km Saturday sprint, but it reserved judgement.

“While supporting the principle of an increased number of sprint events, the

FIA is still evaluating the impact of this proposal on its trackside operations and personnel, and will provide its feedback to the commission,” it added.

Reuters

Competition

WITHIN a couple of years, Tesla will face strong competition from traditional car manufacturers like Volkswagen, Toyota and Stellantis, which released their ambitious vehicle electrification plans last year, a new report said this week.

Though it will be difficult for them to overtake Tesla sales any time soon, Tesla will witness a reduction in its share across major markets, according to Counterpoint Research.

Research associate Abhik Mukherjee said: “The reason behind this is the price band in which Tesla operates.” It mostly operated in the high-to-premium price band, Mukherjee said.