Data Analytics Is The Secret Sauce That Helps Formula 1 Teams Hone Their Performances

Formula 1 is not just a car race with over 400 million fans worldwide, but it’s a massive industry that makes money. The cost of building an F1 car …

Data Analytics Is The Secret Sauce That Helps Formula 1 Teams Hone Their Performances

Formula 1 is not just a car race with over 400 million fans worldwide, but it’s a massive industry that makes money. The cost of building an F1 car ranges from $10 to $20 million, and the engine itself cost $5 to $10 million, which is more than the cost of a Lamborghini Veneno, Aston Martin Valkyrie, and Koenigsegg CCXR Trevita. In order to make the best car for a season, bigger F1 teams such as Ferrari, Mercedes, Red Bull and McLaren spend almost $400 million a year.

If we take a look at the annual salary figures of thetop-earning F1 drivers, five-time world champion, Lewis Hamilton of Mercedes earns about $57 million; and Sebastian Vettel of Ferrari gets almost $45 million.


Data Analytics Is The Secret Sauce That Helps Formula 1 Teams Hone Their Performances


The industry is booming, and in order to keep the cash flowing, big teams are not leaving any stone unturned — and this is where data science has started to play a major role. Companies have started harnessing data to optimise profit, racing, building the car, R&D, or even repairs and upkeep.

Making The Best Use Of Data

One of the simple things that anyone can tell you about any racing is that you have to go faster than anyone else. However, that is not as simple as it sounds. An F1 team needs to keep several aspects in mind before stepping on the accelerator.


W3Schools


World-renowned F1 team, and a British conglomerate, McLaren Group is one such team that has been making the best out of data analytics. The team has deployed specialised sensors on the cars and the racing pit in order to gather data such as the speed of the car on various points and curves, tyre pressure, fuel burn etc. You must be wondering that there is always a team of engineers who always inspect a car; but the fact is that the number of engineers on the racing pit has a limitation and it poses a challenge for racing teams to look at each and every aspect. And to cope with that McLaren has started using these sensors.

F1 is without a doubt a technologically demanding sport where constant innovation is essential. An F1 race car generates about 1GB of raw data when it speeds at 200mph and this data is recorded by the sensor. Now, imagine the amount of data the team would gather if it deploys hundreds of sensors.


W3Schools


After collecting this data, McLaren transforms it into predictive models in order to analyse and compare with historical data such as other racer’s speed and predicts a race.

Other Uses Cases

When we look at the use of data analytics in F1, McLaren group is not the only team that is using the best-in-class data analytics strategies. Renault is also one of those companies that are in the arena of data analytics, and it is backed by the tech giant Microsoft.

The crucial services by the tech giant help Renault in collecting over 50 billion data points which get recorded by 200 sensors. These data later gets analysed and the inputs get delivered to the engineers. And based on the outcomes of the data, the engineers at Renault develop a car, with staff improve aerodynamics, performance, and handling.

Other bigger teams that are using data analytics are Mercedes AMG and Red Bull. According to asource, Mercedes AMG uses 200 sensors to collect data, while Red Bull is powered with 100 sensors.

Outlook

We all have seen data analytics being used in cricket as well as football; however, it has entered the F1 arena as well and is significantly changing the way teams used to compete. Today, F1 race is not just about stepping into the accelerator, steering the wheel and winning a race, it has become much more than that. Data collected by the sensors from thousands of components have a great amount of information that can help a team win a race. And all those data are provided to the analysts present in the operation room on the racing pit.

Big amounts of money are being poured on the F1 race industry, and with so much of investments happening, the pressure for winning is increasing. Hence, more and more teams are likely to turn to data analytics in the coming years.


Data Analytics Is The Secret Sauce That Helps Formula 1 Teams Hone Their Performances

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F1 Manager tips for beginners: Follow these steps to victory

F1 Manager requires you to pay virtual cash to enter a racing series, with the price going up as you advance to the next series. Before you know it, …

F1 ManagerHutch Games

F1 Manager follows in the tire tracks of prominent motorsport manager games like… Motorsport Manager. In any event, the title is a more streamlined, freemium-focused take on the motorsport management formula.

That doesn’t necessarily mean that you have to splurge on items with real-world cash in order to get ahead at first. We’ve got some F1 Manager tips for beginners hoping to take pole position.


Do you really need hard tires?

Unlike its real-world counterpart, F1 Manager doesn’t require you to use two different tire compounds in a race. In other words, if you want to start the race with hard tires and switch to hard tires at your pit stop, you can do this.

Better yet, some people suggest you can only use soft tires for most races and still get good results (even though you likely have to pit twice). I’ve had quite a few good results using this method, so it’s worth keeping in mind if your current strategies aren’t working out.


Don’t be afraid to drop back down

F1 Manager.

F1 Manager requires you to pay virtual cash to enter a racing series, with the price going up as you advance to the next series. Before you know it, you’ll be splashing out a ton of cash just to enter, with no guarantee of winning.

Read:Pop quiz — Which phone manufacturer did it first?

One of the more underrated F1 Manager tips (h/t: AllWinner) if you’re running low on cash is to simply drop down to a previously completed series. There’s no guarantee of winning here either, but you should have an easier time in theory. It also goes without saying that the prize crates and video ads often award cash too, so these options are also worth trying out.


New drivers aren’t better at everything

The game periodically offers new drivers during your playthrough, but you’ll want to carefully analyze their stats before choosing to upgrade. For example, Robert Kubica is much better than your two initial drivers when it comes to overtaking and defending, but is actually worse at tire and fuel management. You can also narrow the gap with your starting drivers by upgrading their stats.


Space out your drivers before the pit stops

A screenshot of F1 Manager.Hutch Games

Pit stops can be quick-fire affairs, as your virtual pit crew quickly changes tires and sends your driver on their way. Much like real world motorsport, you can “stack” your cars in the pit box, but the second car will lose four to six seconds more than the previous car as a result. So it might be a good idea for the first car to build a gap and/or the second to drop back a bit before stopping them on the same lap.


Don’t forget to upgrade your parts

Another aspect of F1 Manager is swapping out and upgrading your parts. Visit the “team” tab then “cars” to find your equipped parts. You can upgrade eligible parts (usually seen with two black arrows pointing upward on a green background) with virtual currency by tapping on them and choosing the “upgrade” option.

Read:15 best Android apps of 2019

Some upgrades only have a negligible impact on your car though, so think about any issues you have (fuel usage, tire wear) and whether the upgrade is worth the cash in the first place.


Watch out for safety cars

F1 ManagerHutch Games

Much like real-world motorsport, safety cars are occasionally a thing here too. Once the safety car comes out, you won’t be able to drive at maximum speed. This is also an ideal time to pit, as everyone on track will be trundling around at a much-reduced speed, so your driver will lose fewer positions.

I also managed to win a duel by hitting the max speed button immediately after the safety car period ended, catching my opponent unaware at one of the last corners on the final lap. This was a late race safety car though, and it only ended on the last lap, but it’s still worth keeping in mind when you find yourself in the same situation.


You don’t always have to listen to drivers

Your drivers are able to warn you when they need to stop for tires or when they’re running low on fuel. But their word isn’t necessarily gospel, as they don’t always issue these warnings at the best time. For example, they occasionally give fuel warnings when you’re just about to finish the race — do you really need to slow down when you’re at the last corner with 0.5 laps of fuel remaining?


Do you have any F1 Manager tips that work well for you? Then let us know in the comments section! Otherwise, you can download the title via the button below.

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8156 Shares in Liberty Braves Group Series A (BATRA) Acquired by Millennium Management LLC

Millennium Management LLC acquired a new stake in Liberty Braves Group Series A (NASDAQ:BATRA) in the fourth quarter, according to the …

Liberty Braves Group Series A logoMillennium Management LLC acquired a new stake in Liberty Braves Group Series A (NASDAQ:BATRA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,156 shares of the financial services provider’s stock, valued at approximately $203,000. Millennium Management LLC owned about 0.08% of Liberty Braves Group Series A at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BATRA. Potrero Capital Research LLC grew its stake in shares of Liberty Braves Group Series A by 6.0% in the fourth quarter. Potrero Capital Research LLC now owns 26,641 shares of the financial services provider’s stock worth $664,000 after acquiring an additional 1,508 shares during the last quarter. Legal & General Group Plc boosted its stake in Liberty Braves Group Series A by 8.3% during the fourth quarter. Legal & General Group Plc now owns 8,658 shares of the financial services provider’s stock worth $216,000 after buying an additional 665 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its stake in Liberty Braves Group Series A by 353.8% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 3,594 shares of the financial services provider’s stock worth $90,000 after buying an additional 2,802 shares in the last quarter. Bank of America Corp DE boosted its stake in Liberty Braves Group Series A by 86.6% during the fourth quarter. Bank of America Corp DE now owns 6,560 shares of the financial services provider’s stock worth $164,000 after buying an additional 3,044 shares in the last quarter. Finally, Shapiro Capital Management LLC boosted its stake in Liberty Braves Group Series A by 0.6% during the fourth quarter. Shapiro Capital Management LLC now owns 403,622 shares of the financial services provider’s stock worth $10,066,000 after buying an additional 2,400 shares in the last quarter. 72.51% of the stock is owned by institutional investors and hedge funds.

Several brokerages have recently commented on BATRA. TheStreet upgraded shares of Liberty Braves Group Series A from a “d+” rating to a “c” rating in a research note on Tuesday, April 16th. ValuEngine downgraded shares of Liberty Braves Group Series A from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd.

Shares of Liberty Braves Group Series A stock traded up $0.54 during trading on Wednesday, reaching $27.13. The company’s stock had a trading volume of 27,389 shares, compared to its average volume of 41,920. Liberty Braves Group Series A has a one year low of $23.54 and a one year high of $29.66.

Liberty Braves Group Series A (NASDAQ:BATRA) last released its quarterly earnings results on Thursday, May 9th. The financial services provider reported ($1.39) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.85) by ($0.54). The company had revenue of $22.00 million during the quarter.

TRADEMARK VIOLATION WARNING: “8,156 Shares in Liberty Braves Group Series A (BATRA) Acquired by Millennium Management LLC” was originally published by Tech Know Bits and is the sole property of of Tech Know Bits. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://techknowbits.com/2019/06/05/millennium-management-llc-takes-position-in-liberty-braves-group-series-a-batra.html.

Liberty Braves Group Series A Profile

The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, stadium, and mixed use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.

Further Reading: Exchange-Traded Funds (ETFs)

Institutional Ownership by Quarter for Liberty Braves Group Series A (NASDAQ:BATRA)

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Liberty Media Formula One Series A (FWONA) Shares Bought by BlackRock Inc.

BlackRock Inc. grew its stake in Liberty Media Formula One Series A (NASDAQ:FWONA) by 5.9% in the fourth quarter, according to the company in its …

Liberty Media Formula One Series A logoBlackRock Inc. grew its stake in Liberty Media Formula One Series A (NASDAQ:FWONA) by 5.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,057,067 shares of the company’s stock after acquiring an additional 58,597 shares during the period. BlackRock Inc. owned 0.46% of Liberty Media Formula One Series A worth $31,416,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FWONA. Loeb Partners Corp bought a new stake in shares of Liberty Media Formula One Series A during the fourth quarter worth approximately $26,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Liberty Media Formula One Series A during the fourth quarter worth approximately $27,000. We Are One Seven LLC bought a new stake in shares of Liberty Media Formula One Series A during the fourth quarter worth approximately $52,000. Bank of Montreal Can raised its stake in shares of Liberty Media Formula One Series A by 85.2% during the fourth quarter. Bank of Montreal Can now owns 2,224 shares of the company’s stock worth $66,000 after buying an additional 1,023 shares during the last quarter. Finally, Great Lakes Advisors LLC bought a new stake in shares of Liberty Media Formula One Series A during the third quarter worth approximately $201,000. 10.45% of the stock is owned by institutional investors.

Several equities research analysts have commented on the stock. Zacks Investment Research raised shares of Liberty Media Formula One Series A from a “sell” rating to a “hold” rating in a research note on Wednesday, February 6th. Pivotal Research reaffirmed a “buy” rating and issued a $43.00 target price on shares of Liberty Media Formula One Series A in a research note on Friday, March 1st. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Liberty Media Formula One Series A currently has an average rating of “Buy” and an average target price of $39.80.

In related news, major shareholder Art L.P. Ancient purchased 25,000 shares of Liberty Media Formula One Series A stock in a transaction dated Thursday, January 24th. The stock was bought at an average price of $29.88 per share, for a total transaction of $747,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard N. Baer sold 19,988 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $41.51, for a total transaction of $829,701.88. The disclosure for this sale can be found here. 4.68% of the stock is owned by corporate insiders.

Shares of NASDAQ:FWONA opened at $36.23 on Thursday. Liberty Media Formula One Series A has a 52 week low of $26.63 and a 52 week high of $37.32. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $8.32 billion, a price-to-earnings ratio of -55.74 and a beta of 0.99.

Liberty Media Formula One Series A (NASDAQ:FWONA) last issued its earnings results on Thursday, February 28th. The company reported ($0.80) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.36) by ($0.44). Liberty Media Formula One Series A had a negative net margin of 8.21% and a negative return on equity of 0.67%. The firm had revenue of $481.00 million during the quarter, compared to the consensus estimate of $475.00 million. On average, research analysts anticipate that Liberty Media Formula One Series A will post -0.64 EPS for the current year.

WARNING: “Liberty Media Formula One Series A (FWONA) Shares Bought by BlackRock Inc.” was originally published by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this article on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this article can be read at https://www.fairfieldcurrent.com/news/2019/04/11/liberty-media-formula-one-series-a-fwona-shares-bought-by-blackrock-inc.html.

Liberty Media Formula One Series A Profile

Formula One Group operates in the motorsports business. It holds commercial rights for the world championship, a motor race-based competition in which teams compete for the constructors’ championship and drivers compete for the drivers’ championship. The company is based in Englewood, Colorado.

Featured Story: How Do You Calculate Return on Investment (ROI)?

Want to see what other hedge funds are holding FWONA?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Media Formula One Series A (NASDAQ:FWONA).

Institutional Ownership by Quarter for Liberty Media Formula One Series A (NASDAQ:FWONA)

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Fernando Alonso won’t decide 2020 plans before August

NAIROBI, Kenya, Apr 9 – Fernando Alonso says he will wait until the end of the current WEC season and his Indianapolis 500 bid before considering …
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Fernando Alonso won’t decide 2020 plans before August. Photo/TEAMTALK

NAIROBI, Kenya, Apr 9 – Fernando Alonso says he will wait until the end of the current WEC season and his Indianapolis 500 bid before considering his 2020 race programme.

The double World Champion walked away from Formula 1 at the end of last season having decided that McLaren were not in a position to hand him a race winning car.

Focusing on the World Endurance Championship as well as a second attempt at the Indianapolis 500, the Spaniard has been anything but bored this season.

He even tested McLaren’s 2019 car during the recent post-Bahrain Grand Prix test.

His brief foray back into Formula 1 has many wondering whether he would consider returning to the grid in 2020.

Alonso says that is not something he will even think about before July.

“At the moment I am focusing on Spa, Indianapolis and Le Mans and until July I will not consider anything about the future,” GPFans quotes him as having told Spanish media.

“The idea is not to change around so many times, because you lose the perfection you need to succeed in a great specialty.”

But with McLaren’s form this season seemingly on the up, Alonso says he could be tempted into a F1 return if his replacement, Carlos Sainz, bags a win or three.

“It’s better to be in Q3 and to score points, but I do not feel like racing in F1 this year,” he added.

“Well, if Carlos wins two or three races before Abu Dhabi, maybe yes.”

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