Verstappen Wins in Wild Finish to F1 Australian Grand Prix

Red Bull driver Max Verstappen of Netherlands leads during the Australian Formula One Grand Prix at Albert Park in Melbourne, Sunday, April 2, 2023. (AP Photo/Asanka Brendon Ratnayake)(Asanka Brendon Ratnayake / Associated Press)
Red Bull driver Max Verstappen of Netherlands leads during the Australian Formula One Grand Prix at Albert Park in Melbourne, Sunday, April 2, 2023. (AP Photo/Asanka Brendon Ratnayake)(Asanka Brendon Ratnayake / Associated Press)
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Verstappen Wins in Wild Finish to F1 Australian Grand Prix

Red Bull driver Max Verstappen of Netherlands leads during the Australian Formula One Grand Prix at Albert Park in Melbourne, Sunday, April 2, 2023. (AP Photo/Asanka Brendon Ratnayake)(Asanka Brendon Ratnayake / Associated Press)
Red Bull driver Max Verstappen of Netherlands leads during the Australian Formula One Grand Prix at Albert Park in Melbourne, Sunday, April 2, 2023. (AP Photo/Asanka Brendon Ratnayake)(Asanka Brendon Ratnayake / Associated Press)

Red Bull’s Max Verstappen has claimed his first Australian Grand Prix in remarkable circumstances in a chaotic Formula 1 race filled with drama from the green light to the checkered flag.

Although Red Bull’s first triumph in Melbourne since 2011 was expected, the carnage that unfolded in the latter stages of the race at Albert Park made it an extremely hard-fought triumph.

Seven-time world champion Lewis Hamilton, who drove superbly in his Mercedes, finished second, while Aston Martin’s Fernando Alonso filled third spot on the podium.

“That is a really good weekend for us. I am happy with that,” Verstappen said to his team on radio.

Verstappen had appeared to be coasting to victory with an eight-second lead when debris from Kevin Magnussen’s Haas forced the second of three red flags issued in the race with three laps remaining, The Associated Press reported.

On the restart, Verstappen was able to hold Hamilton to the first turn as bedlam unfolded behind his RB19, sparking a massive reshuffle of the finishing order in the 58-lap race.

Alonso, who had challenged Hamilton for second position throughout much of the race, was hit by Ferrari’s Carlos Sainz on the first corner of the restart. Sainz, whose Ferrari showed good speed throughout the race, was issued with a five-second penalty which relegated him to 12th.

Williams driver Logan Sargeant also drove into the back of Nyck DeVries and Alpine’s Esteban Ocon and Pierre Gasly also crashed.

Earlier, Ferrari’s defending champion Charles LeClerc exited after crashing on the opening lap, while the Mercedes of one-time leader George Russell caught fire on Lap 18.

Australian Oscar Piastri claimed his first championship points when finishing eighth in his McLaren.



Saudi Arabia’s Sports Boulevard to Showcase Transformative Urban Development at MIPIM 2025

Saudi Arabia’s Sports Boulevard to Showcase Transformative Urban Development at MIPIM 2025
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Saudi Arabia’s Sports Boulevard to Showcase Transformative Urban Development at MIPIM 2025

Saudi Arabia’s Sports Boulevard to Showcase Transformative Urban Development at MIPIM 2025

Saudi Arabia’s Sports Boulevard Foundation announced its participation in MIPIM 2025, the world’s leading real estate investment event, taking place in Cannes, France from March 11 to 14.

As part of the “Invest Saudi” delegation, the foundation will present key investment opportunities and urban development insights, reinforcing Riyadh’s evolution into a global hub for sports, wellness, and sustainable living.

Sports Boulevard—one of Riyadh’s mega-projects—is set to become the world’s largest urban regeneration linear park, spanning more than 135 km across the capital. The project integrates cutting-edge sports infrastructure, vibrant public spaces, and sustainable mobility solutions, aligning with Saudi Vision 2030's goals of enhancing quality of life and economic diversification.

The first phase of Sports Boulevard, opened in February 2025, includes five key destinations along an 83 km stretch, marking a significant milestone in the foundation’s commitment to innovative urban development.

As of December 2024, the project has secured substantial investments, including a combined real estate investment fund valued at approximately $1.47 billion (SAR5.5 billion), which will further boost private-sector participation.

At MIPIM, the foundation will engage with global investors, urban planners, and real estate developers, showcasing prime opportunities across various sectors. Sports Boulevard offers over four million square meters of gross floor area (GFA) earmarked for private-sector participation, including high-end residential units, commercial and retail spaces, and sports venues. This strategic space is poised to attract global investors and developers eager to contribute to Riyadh’s transformation.

CEO of the Sports Boulevard Foundation Jayne McGivern commented: "Sports Boulevard is more than an urban development; it’s a movement towards a healthier, more sustainable future. We are showcasing Riyadh as a global model for active living, where sports, wellness, and urban infrastructure converge to foster a thriving community."

"With world-class sports facilities, green mobility networks, and vibrant public spaces, the project offers unmatched investment and innovation opportunities in real estate and sustainable urban planning," he said.

With over 4.4 million square meters of green spaces, 220 km of cycling pathways, and an extensive 135 km pedestrian network, Sports Boulevard is redefining urban livability in Riyadh. The project also includes 15 km of dedicated horse-riding trails, more than 50 multidisciplinary sports facilities, and a network of tree-lined walking paths and shaded areas, encouraging outdoor activities in the city’s evolving landscape.

Sports Boulevard is unlocking significant investment opportunities for local and international investors across core asset-class real estate, sports, and infrastructure. Launched by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud on March 19, 2019, and chaired by Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, the project aims to improve the quality of life for residents and visitors by offering integrated infrastructure, pedestrian pathways, cycling and horse-riding trails, and world-class sports facilities.