Tag: Miami Grand Prix

Red Bull Racing – Miami Grand Prix 2023

Posted on by rbaliatico

red bull racingVerstappen – Perez – Verstappen – Perez, Red Bull racing’s best drivers have dominated Formula One Racing this year leading up to this weekend’s Miami Grand Prix. Red Bull Racing is Red hot and really has its “wings” coming into the race this weekend at Hard Rock Stadium. I don’t know if the drama with his longtime performance coach, Angela Cullen, has derailed Lewis Hamilton and his Mercedes Benz F1 racing team, but he does seem a bit off the pudding. I read all the social media “it’s not you, it’s me” breakup conversation, but I feel there is way more to that story so I kind of don’t see him rattling the cages of the drivers and teams above him in the F1 standings, at least not this weekend.  Sergio Perez is driving very aggressively lately as a man with a mission to win it all, and its been all Max and Checo this year in Formula One. 

Wanna Make a Bet?red bull racing

The Miami Grand Prix is the next stop on the Formula One World Championship circuit, with Max Verstappen favored to win, having already claimed victory in the Bahrain and Australian Grand Prix this season. At DraftKings Sportsbook, Verstappen’s odds to win are set at -250, while Sergio Perez, who won the Saudi Arabian and Azerbaijan Grand Prix, follows closely behind at +330 on the odds boards. The race is scheduled to take place on Sunday, May 7 at the Miami International Autodrome, where Verstappen emerged victorious in 2022. Verstappen’s final time last year was 1:34:24.258, with Charles Leclerc finishing as the runner-up. Leclerc and Fernando Alonso share odds of +1400, with Alonso having placed in the top four in every Grand Prix this season. Overall, I think its time for the Red Bull team to get its wings clipped a bit and expect a great upset victory for Leclerc and the team at F1 Ferrari.

Tickets

There still seems to be a good selection of tickets for the event if you are interested in attending, and I feel the 3 day event tix offer the best value. There is something for every wallet with single day tickets at about $300ish, but you will easily get into the thousands of dollars range for multiday tix and better locations. Tickets can be purchased through the official race website.  Grandstand packages for all three days of the event range from $850 to $1,900. The three-day Campus Pass general admission ticket starts at $590. There are also options to purchase Luxury, Suites, and Clubs on site.  All ticketing information can be found at here .

Best View of the Race Action

In my humble opinion the T1 Grandstand North and East are the ultimate spots to witness the first corner chaos. But the excitement doesn’t stop there, as the tight corner following the long straight provides ample opportunity for thrilling overtakes, making it a hotspot for on-track moves during the 2022 race, including Verstappen’s pass on Leclerc for the lead and Mick Schumacher’s misjudged move on Vettel. Fans in these grandstands can also catch a glimpse of the pitlane exit and witness the nail-biting conclusions to race strategy battles. It’s no surprise that these grandstands are among the most popular in Miami. Although each has its own pros and cons, the views from both are significantly different, yet each a good choice.

Events

For live music enthusiasts, the weekend offers so many concerts to choose from. At E11EVEN Miami, you can catch shows by Tiesto, Rick Ross, and DeadMau5. Meanwhile, BleauLive Presents Miami Race Nights is a weekend-long concert series at the legendary Fontainebleau Miami Beach hotel, featuring Ludacris, Kaskade, and Martin Garrix on stage, while its on-site mega club LIV will host Becky G, Zedd, and Diddy. The Hard Rock Beach Club (tix 2k per person) will also have a star-studded lineup, with performances by Jonas Brothers, Wisin y Yandel, Cedric Gervals, Tiesto, and many more as part of the official 2023 Hard Rock Beach concert series. 

Specialty Dining

If you’re in the mood to indulge this weekend, there are plenty of luxurious dining experiences to choose from. The Once Upon a Kitchen dinner event on May 5th, featuring world-renowned chef Massimo Bottura, as well as chefs Juan Manuel Barrientos and Bernardo Paladini, is an ultra-exclusive affair priced at $6,000 per person. Guests will be treated to a six-course meal paired with cocktails by Dr. Alex Ott, as well as a cocktail hour, dinner, and an afterparty with DJ Benny Benassi, all taking place at The Deck at Island Gardens. Another extravagant option is the Carbone Beach pop-up, which runs from May 4th to May 7th, and costs $3,000 per person. Mario Carbone will be serving up a lavish Italian meal on the sands of Miami Beach, with surprise nightly performances to add to the excitement.

Local restaurants are also getting in on the action, with Cote Miami offering the Grand Prix Feast from May 3rd to May 7th, featuring steak and Norwegian wild King crab. Sexy Fish Miami is debuting two Omakase tasting menus during Race Week, accompanied by DJ performances in their “One Hell of a Ride” series, while Nobu is hosting a poolside Beach House party complete with Nobu food stations, live entertainment, a premium open bar, and a racecar simulator by custom motorsport art craftsmen. Finally, on May 6th, Fi’lia at SLS Brickell is hosting a Race Weekend Brunch, featuring live entertainment, special dishes, and surprise giveaways.

Watch Party Locations

Mark your calendars and push into high-gear this season because SWARM,  2250 NW 2nd Ave, Miami, FL 33127, is presenting Racing Fan Fest, the largest off-track fan experience in the city, right in Wynwood Marketplace. In partnership with Red Bull, the immersive experience will feature tons of action, from interactive installations to an e-sports tournament, racing simulators, an RB19 display, full bar and food offerings, live DJ and more. It’s entirely free to attend and if you can’t make it to the track, the race will be shown live, making for an epic watch party.

Or head to Batch Gastropub, 30 SW 12th St, Miami, FL 33130, for the world’s fastest race! With 15 TVs and 3 projectors planted all over this bustling bar, there’s no way you’ll miss the races wherever they turn. Make a pit stop at the bar for specials including $5 Bud Light Draft, 5 for $25 16oz mix-n-match buckets and $5 Barn Burner shots to pair with all of your scratch-cooked favorites and great vibe

Ditch the heat of the race track and enjoy a day by the pool as you sip and eat your way through the race. Hyde Beach,  1701 Collins Ave, Miami Beach, FL 33139, will be home to the ultimate pool watch party while also getting your fill of delicious cookout food! There will be three 20-foot-wide LED screens displaying the Grand Prix races while guests dance, dine and swim. The event will feature traditional cookout food and cocktails with a special Winners Circle Burger made with 100% wagyu beef on a Charcoal bun haloed with a golden leaf ring for $100.

Brickell’s centrally located urban oasis, W Miami, 485 Brickell Ave, Miami, FL 33131, is hosting a Formula 1 Watch Party at its signature rooftop restaurant, ADDiKT Modern Kitchen. Guests can watch the race and lounge on the terrace while taking in the incredible views of Biscayne Bay and the city skyline. Snack and sip on special race day menu items like the empanadas, nachos, wings, as well as sports themed cocktails.

With all these great venues so close, I’m almost ready to sell the tix and hangout in my neighborhood for the weekend – Nah Just Kidding! Who would pass this up and my Italian bloodlines force me to root in person for the family at Team Ferrari. Have a Great Race Weekend and remember to Be Social, Fly Private !

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Formula One Racing In Miami

Posted on by rbaliatico
Formula One Racing
Following its $100 million sponsorship deal with Formula 1, Crypto.com has signed a nine-year deal for naming rights to F1’s newest race.

Finally back to the home office after a wonderful tour of the Eastern Caribbean Islands we are greeted by the excitement of Formula One Racing arriving in Miami the weekend of May 5th to May 7th.  When I had the career as an Automotive Dealership General Manager, I luckily had the opportunity to visit Monaco for Formula One Races, but now that I’m sort of retired, I get to see this exciting race event right in my own backyard in Miami. With the venue a short distance from both our apartment in Brickell or even shorter ride from our airplane hangar in Pembroke Pines, there is no way to ignore the excitement that is building in our neck of the woods. I thought it might be a good topic to cover this week and next as we near the race event weekend. This week I will cover the origins of the race, the path to becoming a Formula One driver, and the salary potentials. Feel free to comment if I miss anything or my my research or knowledge is not correct. Next week I will add more about this year’s event and some of the drama that unfolded in F1 earlier this year.

 

Formula One Racing – The Origin

Formula One (F1) is the highest class of single-seater auto racing and has its origins in the European Grand Prix motor racing of the 1920s and 1930s. However, the modern Formula One World Championship as we know it today began in 1950.  Before the establishment of the Formula One World Championship, there were various Grand Prix races held across Europe, with many countries organizing their own events. These races featured a mix of professional and amateur drivers, using a range of different car specifications. The term “formula” referred to the set of rules that all participants’ cars had to adhere to. In the late 1940s, the Fédération Internationale de l’Automobile (FIA) decided to create a unified set of rules for these races and establish an official championship to determine the best driver and team each year. The first Formula One World Championship race took place at Silverstone, United Kingdom, on May 13, 1950. It was won by Giuseppe Farina, driving for the Alfa Romeo team. Over the years, Formula One has evolved significantly in terms of technology, regulations, and team structures. While the core principle of the sport remains the same – racing open-wheel single-seater cars on closed circuits – the details have changed dramatically. Today, Formula One is a global phenomenon, with races held on multiple continents and featuring some of the most technologically advanced racing cars in the world.

Humble Beginnings of a Formula One Driver 

Becoming a Formula One race car driver involves a combination of talent, dedication, and strategic career planning. Here are the general steps one might follow on the path to becoming an F1 driver:

  1. Start karting at a young age: Most professional race car drivers start their careers in karting. This helps to develop essential driving skills and build a strong foundation in racing. It’s common for drivers to begin karting as early as 6-8 years old.
  2. Progress through the ranks: After gaining experience in karting, move on to more advanced single-seater categories like Formula 4, Formula 3, or regional equivalents. These series provide a more structured environment to develop racing skills and compete against other talented drivers.
  3. Build a racing resume: Success in junior racing categories is crucial to attract the attention of sponsors, teams, and talent scouts. Winning championships and demonstrating consistent performance will help build a solid racing resume.
  4. Obtain a Super License: To participate in Formula One, a driver needs to acquire an FIA Super License. This requires accumulating a certain number of points in junior categories over a three-year period, as well as passing a mandatory test on F1 sporting regulations.
  5. Networking and sponsorship: Building relationships with key stakeholders, such as team managers, engineers, and sponsors, is essential. Developing a strong network can help create opportunities for further advancement and financial backing.
  6. Join a driver development program: Many F1 teams have driver development or junior programs aimed at nurturing young talents. Being part of such a program can provide access to resources, mentorship, and a clear path toward a potential F1 seat.
  7. Gain experience as a test or reserve driver: Before getting a full-time F1 race seat, many drivers serve as test or reserve drivers for F1 teams. This role allows them to familiarize themselves with the team, car, and technology, as well as showcase their skills and potential.
  8. Secure an F1 race seat: Finally, with the right combination of skill, experience, networking, and opportunity, a driver might secure a race seat in an F1 team. However, competition is fierce, and only a few drivers manage to make it to this level.

Remember that the path to becoming an F1 driver can be long and challenging, and there are no guarantees of success. It requires exceptional skill, hard work, dedication, and perseverance to make it to the pinnacle of motorsport.

Multi-Million Dollar Career – Formula 1 Driver Salaries

The salaries of Formula 1 drivers can vary significantly depending on factors such as their experience, reputation, and the team they are driving for. While some drivers may earn modest salaries, others can make millions of dollars per year. Here’s a rough breakdown of the salary range for F1 drivers:

  1. Top-tier drivers: The highest-paid F1 drivers can earn between $30 million and $55 million per year, including bonuses and endorsements. These drivers are usually multiple-time world champions or have a strong track record of success, driving for top teams like Mercedes, Ferrari, or Red Bull.
  2. Mid-tier drivers: Experienced drivers who have proven their talent but may not be consistent race winners can earn between $5 million and $15 million per year. These drivers usually drive for teams with competitive cars but not necessarily championship contenders.
  3. Lower-tier drivers: These drivers typically race for teams with smaller budgets or those struggling to be competitive. Their salaries can range from $500,000 to $3 million per year. In some cases, drivers in this category may bring sponsorship money to the team, which could help offset their salary.
  4. Rookie or development drivers: Drivers who are just entering F1 or serving as reserve or test drivers may have more modest salaries, ranging from $150,000 to $1 million per year. These drivers often focus on gaining experience and proving themselves to secure better contracts in the future.

It’s important to note that these figures are approximate and can vary from year to year or even within a season. Additionally, drivers may earn extra income from personal sponsorships, endorsements, or other commercial arrangements outside of their team contracts. We will take a closer week at the teams for the event and the F1 drama leading up to it, so for now remember to Be Social, Fly Private!

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Miami Grand Prix

Posted on by rbaliatico

Miami Grand PrixFormula F1 Racing

The Miami Grand Prix is a Formula One (F1) race that is set to take place again in Miami, Florida, USA. The race had been in the works since 2018, and after several delays, it is currently scheduled to make its return in May 2023. The Miami Grand Prix will take place on a circuit that has been designed specifically for the event. The track is a 5.41 km (3.36 miles) long street circuit that will run through the streets of Miami Gardens, a suburb of Miami. The circuit has 19 turns and is one of the fastest street circuits in the world, with an average speed of around 223 km/h (138 mph).

Formula One, or F1 racing, is a type of open-wheel car racing that involves highly specialized, high-performance single-seater race cars. F1 is widely regarded as the pinnacle of motorsport and is the most prestigious racing series in the world. The F1 World Championship, which is organized by the Fédération Internationale de l’Automobile (FIA), is contested by teams representing different countries and car manufacturers. F1 races are held on a variety of circuits, including permanent race tracks, street circuits, and hybrid tracks that incorporate elements of both. The races are typically around 300 km in length and last between 1.5 and 2 hours. The driver who completes the race in the shortest amount of time is declared the winner.

F1 cars are designed to be the fastest and most technologically advanced racing cars in the world. They are powered by high-performance V6 turbo hybrid engines that can produce over 1,000 horsepower. The cars are constructed using lightweight materials such as carbon fiber, and they feature advanced aerodynamic designs to maximize downforce and minimize drag. F1 teams are composed of two drivers who compete against each other and the other teams in a series of races held throughout the year. The teams are responsible for designing, building, and maintaining their cars, and they work to develop new technologies and strategies to gain a competitive advantage.

F1 racing is known for its speed, precision, and excitement. The sport attracts a global audience of millions of fans who follow the races both on TV and live at the circuits. F1 is also a major contributor to the automotive industry, with many of the technologies developed for F1 cars finding their way into commercial vehicles. racing is a highly competitive and technologically advanced sport that showcases the skills and abilities of the best drivers and teams in the world.

F1 Racing Teams

There have been many successful Formula 1 racing teams over the years, but some of the most successful and highly regarded teams in the sport’s history include:

  1. Scuderia Ferrari – Ferrari is the oldest and most successful team in F1 history, with 16 Constructors’ Championships and 15 Drivers’ Championships.
  2. Mercedes-AMG Petronas Formula One Team – Mercedes has dominated F1 in recent years, winning seven consecutive Constructors’ Championships and Drivers’ Championships between 2014 and 2020.
  3. Red Bull Racing – Red Bull has also been highly successful in recent years, winning four Constructors’ Championships and four Drivers’ Championships between 2010 and 2013.
  4. McLaren – McLaren is one of the most successful teams in F1 history, with eight Constructors’ Championships and 12 Drivers’ Championships.
  5. Williams – Williams has won nine Constructors’ Championships and seven Drivers’ Championships, but has struggled in recent years.

These teams have a long history in F1 and have achieved significant success, but there are also many other teams that have had their moments of glory and continue to compete at the highest level of motorsport. Ultimately, success in F1 depends on a range of factors, including driver talent, team strategy, and technological innovation, and there is always the potential for new teams to emerge and challenge the established order.

Hard Rock Stadium

The Miami Grand Prix has faced some opposition from local residents who have raised concerns about the noise, traffic, and disruption that the event could cause. However, the organizers have worked to address these concerns by implementing measures such as noise barriers, traffic management plans, and community engagement initiatives. The Miami Grand Prix is brings significant economic benefits to the local area, with estimates suggesting that it could generate up to $400 million in economic impact for the region. The race is also seen as a major opportunity for F1 to expand its presence in the United States, which is a key market for the sport.

Organizers of this year’s race on May 5-7, 2023, have announced an increase of 3,000 grandstand seats, bringing the total number to 56,000, following the success of last year’s sell-out event. The demand for marquee features from 2022, such as The Yacht Club at the MIA Marina and the Hard Rock Beach Club, has prompted expansion. Additionally, 61 new hospitality suites and two luxury club spaces, The Vista at Turn 1 and The Boathouse at MIA Marina, have been added. A new permanent Formula 1® Paddock Club building, which spans multiple levels and offers unparalleled views of the pitlane and start/finish straight, will also be introduced for 2023. The building will be located alongside Hard Rock Stadium and will feature luxury hospitality spaces and exquisite catering provided by DO & CO.

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Miami Grand Prix

The Miami Grand Prix is a Formula One (F1) race that is set to return to Miami, Florida, USA. The race had been in the works since 2018, and after several delays, it made its debut in May 2022. The Miami Grand Prix will take place on a new circuit that has been designed specifically for the event. The track will be a 5.41 km (3.36 miles) long street circuit that will run through the streets of Miami Gardens, a suburb of Miami. The circuit will have 19 turns and will be one of the fastest street circuits in the world, with an average speed of around 223 km/h (138 mph).

Formula One, or F1 racing, is a type of open-wheel car racing that involves highly specialized, high-performance single-seater race cars. F1 is widely regarded as the pinnacle of motorsport and is the most prestigious racing series in the world. The F1 World Championship, which is organized by the Fédération Internationale de l’Automobile (FIA), is contested by teams representing different countries and car manufacturers.

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