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🏎️ Red Bull wins a record 12th straight race

In this week’s email:

  • Results from Hungarian Grand Prix

  • Alpine’s new CEO

  • F1 Cost Breach Rumors

  • Hamilton Contract Talks

Max Verstappen and the Red Bull team made history this past weekend at the Hungarian Grand Prix winning 12 straight races this season. This surpassed McLaren’s run in 1988 where their team had 11 consecutive wins. It also marks Verstappen’s 7th straight win.

Some other takeaways from the weekend was Daniel Ricciardo placing P13 for his first race since driving last year. Along with that, AlphaTauri for the second straight race had both drivers DNF after having a first lap crash.

Below are the results from the Hungarian Grand Prix:

  1. Max Verstappen (Red Bull)

  2. Lando Norris (McLaren)

  3. Sergio Pérez (Red Bull)

  4. Lewis Hamilton (Mercedes)

  5. Oscar Piastri (McLaren)

  6. George Russell (Mercedes)

  7. Charles Leclerc (Ferrari)

  8. Carlos Sainz (Ferrari)

  9. Fernando Alonso (Aston Martin)

  10. Lance Stroll (Aston Martin)

  11. Alex Albon (Williams)

  12. Valtteri Bottas (Alfa Romeo)

  13. Daniel Ricciardo (AlphaTauri)

  14. Nico HĂĽlkenberg (Haas)

  15. Yuki Tsunoda (AlphaTauri)

  16. Zhou Guanyu (Alfa Romeo)

  17. Kevin Magnussen (Haas)

DNF: Logan Sargeant (Williams)
DNF: Esteban Ocon (Alpine)
DNF: Pierre Gasly (Alpine)

This past Thursday, Alpine announced that Philippe Krief will temporarily be replacing Laurent Rossi as the as CEO of Alpine. Krief will continue to be the Vice President of engineering and product as the team finds a full time successor.

Renault’s Chairman Luca de Meo stated, “I would like to thank Laurent for his unwavering commitment over the last two years at the helm of Alpine. Laurent has set out a clear and ambitious strategy for the brand. He has put Alpine in the best possible position to achieve its long-term goals. Alpine is now ready to enter a new phase of its development and to become a brand of the future.”

F1 Cost Breach Rumors

Last week there were rumors speculating that two or three teams breached the 2022 cap budget. F1 teams are limited to spending $145 million per season on their car-related activities. The FIA has stated that there is an ongoing process to the recent reports.

FIA spokesman stated, "The auditing fieldwork is still ongoing and is scheduled to conclude in the upcoming weeks, after which there will be a period required for the finalisation of the review.”

Lewis Hamilton is nearing a two year contract with Mercedes. Mercedes CEO Toto Wolff stated to Sky Sports that “The status is we haven’t signed it (the contract) but emotionally we have done it.“

Hamilton stated last week that he expects the contract to be agreed upon soon even though he hasn’t been involved in every detail of talks between the parties.