Going For The Gap That Doesn’t Exist

The first example of this was seen in 1989 when Alain Prost hit Ayrton Senna on the first lap of the final race at Suzuka. While Senna carried on and won the race, he was disqualified for cutting the chicane and thus handing the championship to Prost. Twelve months later, at the same venue, Senna took redemption by deliberately crashing into Prost to win his first F1 championship.

While F1 took note of the incident, little was done to avoid further incidents, and thus, in 1994, things repeated with Michael Schumacher turning in on Damon Hill to clinch the championship by one point. Schumacher repeated this attempt on Jacques Villeneuve three years later, only to be disqualified from the championship for deliberately hitting another driver. These incidents forced then FIA president Max Mosley to intervene and set up rules to stop drivers from taking out each other. But two decades since the Schumacher incident, no driver has tried to put the rules to the test, barring the 2016 season when tensions were running high between teammates Nico Rosberg and Lewis Hamilton, leading to multiple collisions through the season. But looking at the 2021 season, it seems like the rule will be finally implemented. The heated battle between Hamilton and Max Verstappen is through the roof, with the duo colliding on two occasions in the 2021 season. 

Coming into the 2021 season, things looked heated as Red Bull finally fielded a competitive car that is considered the best on the grid. On the other hand, affected by the recent rules change, Mercedes started on the backfoot during pre-season testing. With protagonists from both teams gunning to clinch the title, things began to heat up from the first race in Bahrain, where the Mercedes and Hamilton won the race after a close wheel to wheel battle with Verstappen. Determined to win the title, Verstappen and Red Bull adopted every tactic in the book to win the next round in Italy and swing the championship in their favour.

With Verstappen aiming for his maiden title and Lewis for his eighth, both drivers gave their 100 percent on the track, resulting in fantastic wheel-to-wheel racing in Bahrain, Imola, Portimao, Barcelona and France that was missing from F1 for over a decade. This close wheel to wheel racing has resulted in the championship swinging both ways, race after race. During the initial phase of the championship, both drivers raced with mutual respect. But just before the summer break, during round 10 of the championship at Silverstone, the rivalry took an ugly turn. Verstappen and Hamilton collided at the Corpse corner on the first lap of the race, resulting in a 51G crash that saw Verstappen spinning into the tyre barrier. This was the spark that ignited it all.

Following the crash, Lewis was handed a 10-sec time penalty which in no way affected the result of the race. In the end, Lewis won his eighth British GP and celebrated in style. This trigged Red Bull team principal Christian Horner, who accused Hamilton of ‘dirty racing’. While the drivers refused to engage in a war of words, the team principals were going at each other. F1 went for its summer break, with Lewis leading the championship by just six points.

Coming back from the summer break, Verstappen won back to back at the Spa-Franco champs and at his home track in the Netherlands.

Just when the war of words had started to settle down and the championship had swung in Red Bull and Verstappen’s favour, the two championship rivals collided on lap 26 of the Italian GP at Monza. Frustrated by an 11.1-second pit stop which put him directly into Hamilton’s path, Verstappen was pushing hard on a fresh set of hard tyres. On lap 26, Hamilton pitted for a new set of tyres and caught McLaren’s Lando Norris and Verstappen at the pit exit. After letting Norris pass, Hamilton stuck to the racing line into the Variante chicane. Seizing the opportunity, Verstappen attacked to the outside of Hamilton. Not yielding, both drivers stuck to their racing lines and collided. The collision saw Verstappen’s car bounce off the sausage kerbs and pitched onto Hamilton’s car, clipping the rear wing and roll hoop of the Mercedes before landing heavily onto the Halo. Both the cars got beached in the gravel with one on top of the other.

A disgruntled Verstappen got off the car and walked away, blaming Hamilton for the crash. Talking post-race, Verstappen complained, “He kept on squeezing me to the left. I expected him to give me space going into turn 2, but he left me without enough road.” Reacting to it, Hamilton, said, “I left him a car’s width going into the first corner and I was ahead going into the corner. The next thing I know, Max was over me. He obviously knew at that point he wasn’t going to make the corner and drove into me.”

After the race, the stewards reviewed the incident and handed Verstappen a three-place grid drop for the Russian GP. The stewards found that Verstappen was never in front of Hamilton and hence was predominantly to blame for the collision. Reacting to the penalty, Mercedes team principal Toto Wolff accused Verstappen of a tactical foul.

Verstappen will be ready for redemption at the Russian GP. Eager to bounce back from his three-place grid penalty and win at the Sochi Autodromo and break Mercedes dominance at a circuit that suits the Mercedes car the best. While the blame game continues, F1 pundits predict that the two title rivals will clash again before the end of the championship. With eight rounds left in the championship, Verstappen leads Hamilton by just five points. It’s all to play for in the championship, with either driver giving it their 100 percent.

With a three-place grid penalty to serve at a track that does not favour the Red Bull Car, will the Milton Keynes-based team opt to take engine penalty and push during the race with a new engine, or will they postpone the new engine for another race? Will Verstappen adopt a more polite approach towards his driving? Will the teams and drivers race fair with mutual respect? We have to wait and watch. But for the fans, this championship is an exciting one that will go down to the wire and enter the record books as the most entertaining season in the recent past. (TT)

Nexen Tire Q3 Profit Rises Despite US, Tariff Impact On Solid Europe, Korea Sales

  Nexen Tire Q3 Profit Rises Despite US, Tariff Impact On Solid Europe, Korea Sales

NEXEN TIRE reported third-quarter 2025 sales of 780.7 billion won and operating profit of 46.5 billion won, the company said on Thursday, as stronger demand in Europe and South Korea helped offset the impact of item-specific tariffs in the United States.

Sales in Europe were supported by an expansion of original equipment supply for newly launched vehicles and higher demand for winter products following tighter seasonal tyre regulations. In South Korea, the company posted its highest-ever quarterly revenue, aided by peak summer demand and continued growth in its tyre rental business.

Profit margins improved from the previous quarter, helped by lower raw material costs and reduced logistics expenses, with prices for natural and synthetic rubber and the Shanghai Containerized Freight Index (SCFI) remaining on a downward trend.

The company has been rolling out region-specific product strategies. In South Korea, it launched the N’FERA Supreme EV ROOT in August, designed for both electric and internal combustion engine vehicles. It also brought the WINGUARD SPORT 3 winter tyre to Europe and Japan, and strengthened its U.S. high-performance line-up with the N’FERA SPORT, already supplied as original equipment to premium European carmakers. In Australia, it added the ROADIAN ATX for larger sport utility vehicles.

NEXEN TIRE is also expanding its international footprint, with new sales bases recently opened in Spain and Poland, and additional hubs planned in Southeastern Europe, Latin America and the Middle East.

The tyre maker said it is enhancing R&D efficiency through the adoption of a High Dynamic Driving Simulator, the first of its kind in South Korea's automotive sector, allowing reduced reliance on physical prototypes and road tests. The firm also received approval for its near-term emissions reduction targets from the Science Based Targets initiative (SBTi) in September.

“The solid performance in the third quarter, even after factoring in tariff-related costs, indicates that our strategy for managing external uncertainties is yielding positive results,” CEO John Bosco (Hyeon Suk) Kim said. “We will continue to pursue sustainable growth through product portfolio diversification and the optimisation of global production operations.”

MAXAM To Showcase Agritech Innovations At Agritechnica 2025

MAXAM To Showcase Agritech Innovations At Agritechnica 2025

MAXAM is set to showcase its advanced agricultural tyre solutions at Agritechnica 2025 in Hannover from 9 to 15 November. Visitors can find the company at Stand A04 in Hall 20, where the exhibition theme ‘More Pull. Less Fuel’ will guide the presentation. This philosophy underscores the company's dedication to developing tyres that enhance operational efficiency and contribute to more sustainable farming practices by reducing fuel consumption and soil compaction. The event provides a significant opportunity for MAXAM to demonstrate its commitment to innovation and the expansion of its product portfolio.

On display will be a range of DLG-awarded tyres, including robust models for high-horsepower tractors and versatile options for specialised implements, illustrating the company's technical breadth. Beyond presenting products, MAXAM considers the trade fair a vital meeting point for industry collaboration. It serves as a platform for direct engagement with farmers, partners and machine manufacturers, whose feedback provides invaluable, real-world insights that directly influence the future direction of product and service development, ensuring they remain precisely aligned with evolving market needs.

As a part of SAILUN Group, one of the 10 largest tyre manufacturers in the world, MAXAM leverages its extensive international presence and collaborative research initiatives to drive continuous innovation. The company is dedicated to advancing agricultural tyre technology, creating sophisticated solutions that directly address the evolving demands of modern farming. This focus encompasses critical areas such as enhanced sustainability, improved cost-efficiency and superior field performance.

Radar Tires Expands Us Footprint With Two New Distribution Centres

Radar Tires Expands Us Footprint With Two New Distribution Centres

Radar Tires has expanded its US distribution network with the opening of two new domestic distribution centres in Knoxville, Tennessee, and Parkesburg, Pennsylvania, as part of efforts to strengthen product accessibility and service reliability for its growing customer base.

The expansion increases the brand’s domestic distribution centres from one to three. It aims to improve delivery efficiency and inventory availability across key regions, particularly in the Southeast and Northeast of the United States.

“Stocking domestic tyre inventory is a key part of the Radar strategy going forward,” said Rob Montasser, Vice President of Sales for Radar Tires, USA. “It ensures our distributors and retailers have easy access to the products that their customers need, without the long lead times or supply chain uncertainty. These new locations allow us to be faster, more flexible, and more dependable.”

The company said the additional facilities will reduce delivery times and ensure that its core product range remains readily available to meet rising market demand.

With existing operations in Texas, the addition of centres in Tennessee and Pennsylvania underscores Radar Tires’ long-term strategy to enhance supply chain responsiveness and reinforce its position as one of the most customer-focused distribution networks in the tyre industry.

Cabot Corp Posts Lower Quarterly Profit, Sees Subdued Demand Outlook For Fiscal 2026

Cabot Corp Posts Lower Quarterly Profit, Sees Subdued Demand Outlook For Fiscal 2026

Cabot Corporation reported lower quarterly earnings, as weaker demand in its Reinforcement Materials segment and softer volumes in Performance Chemicals weighed on results. However, the company ended fiscal 2025 with solid cash flow and continued shareholder returns.

For the fourth quarter ended 30 September, Cabot posted net income of USD 43 million, or USD 0.79 per share, compared with USD 137 million, or USD 2.43 per share, in the same period a year earlier.

Full-year diluted earnings per share were USD 6.02, while adjusted earnings per share rose 3 percent year-on-year to USD 7.25.

“I am very pleased with another strong year of Adjusted EPS growth where we achieved USD 7.25, up 3 percent year over year, in a year with a challenging macroeconomic backdrop,” said Sean Keohane, Cabot’s President and Chief Executive Officer. “This performance was driven by higher EBIT in our Performance Chemicals segment, which increased 18 percent year over year, partially offset by EBIT in our Reinforcement Materials segment, which declined 5 percent.”

Cabot’s revenue for the quarter fell to USD 899 million from USD 1.0 billion a year earlier, while full-year sales declined to USD 3.7 billion from USD 4.0 billion.

The Boston-based speciality chemicals manufacturer said fourth-quarter cash flow from operations totalled USD 219 million, enabling USD 64 million in shareholder returns through dividends and share buybacks. For the full fiscal year, Cabot generated USD 665 million in operating cash flow, funding USD 274 million in capital investments, USD 96 million in dividend payments and USD 168 million in share repurchases.

Keohane said the company’s balance sheet remained strong, with a net debt-to-EBITDA ratio of 1.2 times, providing flexibility to invest in growth while continuing to return capital to shareholders.

The company’s Reinforcement Materials segment reported a USD 4 million decline in EBIT from the prior-year quarter, reflecting lower volumes in the Americas and Asia Pacific, partly offset by cost efficiencies. Global volumes fell 5 percent, including a 7 percent drop in the Americas, where lower tyre production by customers was attributed to increased Asian tyre imports.

Performance Chemicals EBIT decreased USD 2 million year-over-year, mainly due to a 5 percent drop in volumes led by weaker demand in Europe, particularly from construction-related applications.

Cabot ended the quarter with  percent 258 million in cash and spent percent 64 million on capital expenditures. The company recorded a 55 percent effective tax rate in the fourth quarter and an operating tax rate of 27 percent for fiscal 2025.

Looking ahead, Keohane cautioned that market conditions remain challenging, particularly in the Reinforcement Materials sector. “We do not yet see signs of improvement in the external environment, particularly as it relates to regional demand trends in Reinforcement Materials due to the impact of elevated Asian tire imports into western regions,” he said.

The company anticipates improvement in Performance Chemicals, led by growth in battery materials and infrastructure-related applications, while maintaining strong cash flow to support investment and shareholder returns.

“While market conditions remain challenging, we continue to execute on our foundation of commercial and operational excellence, and we remain focused on managing costs, strengthening operations, and positioning the company for long-term growth,” Keohane said.

In fiscal 2025, Cabot also announced an agreement to acquire Bridgestone Corporation’s reinforcing carbons plant in Mexico and released its 2024 Sustainability Report, noting it had achieved 11 of its 15 sustainability goals ahead of schedule and established new 2030 targets.