Three Lions (Motif for English National Identity) Safari Rally (The Hare Race)

Started initially as the Coronation rally in 1953, the Safari Rally was initiated whilst Queen Elizabeth was on her honeymoon in Kenya. It was later known as the East African Rally, Malboro Rally,KCB Rally, and today's WRC Safari Rally. It has now evolved to be the biggest motoring event in the African continent, eclipsing the Dakar rally. After three decades, it was moved out of the continent in 2008 due to terror threats in Mauritania. Another is the South African Grand Prix, which was part of Formula One Circuit until 1993 when it was discontinued due to financial problems. Sadly there are just over 500 registered rally drivers in the East African region. A sport that is loved by many has very few participants. 

Initially, the 3200 kilometers safari took five days from May 27th to June 1st, 1953, from Nairobi to Morogoro in Tanzania and back to Nairobi. The second leg took the drivers to Kampala (Uganda) and back to Nairobi through dusty roads and paths that no routes existed. Rules were simple, get a document signed by the majors in Dar and Kampala in the shortest time possible, and you would be declared the winner. Clearly, the event organizers were not worried about fax machines, GPS or accompanying teams. 

The WRC Safari rally this year did not disappoint despite coming after a 19-year-old hiatus. It was held in a 48,000-acre—Soysambu Conservancy against a backdrop of giraffes, lions, elephants and leopards. The eventual winner was Sebastien Ogier, a pre-event favourite. Covering an overall distance of 1,113 km and a travel distance of 813 km, he and his team emerged winners riding on the Toyota Gazoo Racing WRT. Local heroes Onkar Rai and Drew Sturrock were winners in the WRC Category 3. Kudos. 

A Rhino (The tortoise race)

In the hare and tortoise tale, an enduring theme is that "The race is not for the swift but for those who endure it". A rhino charge is an annual event held in remote and wild areas in Kenya. It is an Off-road 4x4 competition in Kenya that seeks to conserve and protect Kenyan Mountain Range Eco-systems (Water Towers). Today, the Rhino Ark Charitable Trust has raised over USD 16 million for erecting a fence that is 650 km long, and this has reduced the human-wildlife conflict. Funds have also been channelled into protecting the endangered Rhino. 

Termed as an endurance race, the entrants must visit several guard posts, while travelling the shortest possible route across a merciless, trackless and often rocky terrain. As if not enough, speed is penalized. Restricted to 65 entrants, the 4x4 drivers have to cover a distance of approximately 100 km in 10 hours (Max) by ensuring that every guard post is visited. The winner is the entrant who visits all the GPS posts provided in the shortest distance possible. Only 65 entrants are allowed. It is my all-time favourite motorsport—a real test of man and machine versus nature.

The Rhino charge route remains a secret until the day of the event to prevent competitors from looking up the route on GPS ahead of time. It is the ultimate test of bravery and level of skill in off-road driving and navigation. A little like the driving through the sand dunes in Dubai laced with the wild thrill of the unknown. 

Manoj Shah (A roaring Lion par excellence)

A philanthropically endowed racer who has used over USD 10 million of his money in enriching and transforming the lives of others, Dr Manoj Shah is both an enigma and adorably approachable. A man of different hats, Dr Shah is, among other things. He is the Group Managing Director of the Kingsway Group of Chairman of Kingsway group of companies (Which includes Kingsway Tyres Ltd). Shah is also Governing council member of the Automobile Association of Kenya, Former president of the Kenya Motor Sports Club and An Ambassador of Goodwill awarded by the Lions  Club International.

From the tender age of 16, Manoj has always been crazy for cars and took a keen interest in major sports, locally and internationally. Manoj had been about speed – blistering, binding and badass speed. His mantra – 'Damn the torpedos, full speed ahead.'

He started with a borrowed Peugeot 504, to self-owned Datsun 120J, Datsun 710, Nissan PA 10, and eventually retiring with a Nissan 240RS in 1985 after his father's-Ramnilalji- death. In his early days, he took various defensive and motorsports driving lessons to develop his competitive and navigation skills. He later joined the Kenya Motor Sport Council. During his Safari Rally travails, young Manoj had to face several accidents, two rollovers and a head-on collision with an Antelope, almost drowning whilst crossing a seasonal river and facing a breakdown in a jungle among elephants. 

After retiring from Rally Driving, Dr Manoj continued his support for the sport by ensuring Kingsway Tyres Ltd sponsored the motorsport by sponsoring teams, supplying Michelin and BF Goodrich tyres, and offering tyre preventive and maintenance services.

In his recently published Autobiography (One in Million) he shares with me the following Motorsports gems in an interview:

"In racing, it is believed that you go where eyes go. The driver who cannot tear his eyes away from the wall as he spins out of control will hit the wall. The driver who looks down on the track as he feels the tyres break free will regain control of the vehicle". 

"I have come to believe that if we hope to build a better world, we must be guided by the universal human values that emphasize the kinship of human race – the sanctity of human life and freedom, peace between nations, honesty and truthfulness, regard for rights of others and love for one fellows". 

In Ernest Hemmingways words "Auto-racing, bulling fighting and mountain climbing are the only real sports…..all others are games". 

Dr Manoj believes that the future of Motor sports in Africa will be improve with better roads, safer drivers , better highway signage, and training. Today he remarks worse than the wild animals , boda boda (Motor cycle ) operators pose a bigger threat to motorists. (TT)

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CEAT Ltd said it will invest up to INR 34 million in its wholly owned subsidiary Tyresnmore Online Pvt Ltd through a subscription to a rights issue, the tyre maker said in a stock exchange disclosure on Wednesday.

The company will subscribe to 27,855 equity shares in Tyresnmore, and its shareholding in the subsidiary will remain at 100 percent, CEAT said.

The investment is categorised as a related-party transaction but has been carried out on an arm’s-length basis. No regulatory approvals are required, it added.

Tyresnmore, incorporated in 2014 and based in New Delhi, sells automotive tyres, batteries and accessories, and provides fitting and wheel services. The unit reported turnover of INR 322.57 million for the year ended 31 March 2025, compared with INR 255.86 million the previous year.

The shares are expected to be allotted by 24 November 2025.

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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.”

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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.

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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.

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