This weekend saw exciting action across multiple racing series, with Francesco Bagnaia closing the gap in MotoGP, George Russell taking his second career F1 win, Joey Logano breaking his NASCAR winless streak, and several other notable performances in F2 and F3.
The legendary Gunstock Amateur Hill Climb will make its return to Gunstock Mountain Resort in Gilford, New Hampshire, on Wednesday, June 12, as part of the historic Progressive Laconia Motorcycle Week®. Amateur motorcyclists will race to the top of the 70-meter Torger Tokle Ski Jump, thrilling the crowds. The hill climb has been a part of the rally since its early days, originally held unofficially in 1917 and moving to Gunstock in 1938. This year, over 7,000 spectators are expected to witness competitors in various classes, including Micro Mini and Senior, among others. The event will also feature three breaks for a daring motorcycle stunt show by Eastcoastin’ Enterprises.
Formula One has become a fashion favorite, attracting the attention of top editors, stylists, and designers. The sport’s iconic imagery provides inspiration for collections from designers such as Jeremy Scott, Maria Grazia Chiuri, and Maximilian Davis. Chanel showcased racing-inspired looks at its resort show in Monaco, featuring checkered jackets, tweed overalls, and luxurious leather accessories.
In an effort to curb dangerous driving behaviors, Saskatchewan is implementing enhanced penalties for excessive speeding, stunting, and racing, effective Wednesday. These penalties include a 30-day vehicle impoundment and a seven-day license suspension for first-time offenses. The province is also increasing fines for these violations, with stunting now carrying a fine of $580 (up from $150) and first-time street racing offenses costing $580 (up from $205). Repeat offenses result in even higher fines.
Churchill Downs (CHDN) reported solid first-quarter 2024 results, surpassing analyst expectations in terms of revenue, EBITDA, and EPS.
The company’s revenue reached $590.9 million, reflecting a 4.4% beat against the estimated $565.9 million. Non-GAAP earnings per share (EPS) came in at $1.13, significantly exceeding the projected $0.83, marking a remarkable 36.8% beat. Strong performance in the racing segment, particularly at the TwinSpires subsidiary, drove these positive results.
Churchill Downs also announced the upcoming opening of The Rose Gaming Resort in September 2024, signaling its continued expansion within the gaming industry. Additional plans for a new site in early 2025 further demonstrate the company’s commitment to growth.
These positive developments, coupled with the completion of the sale of its stake in United Tote Company, have contributed to a positive outlook for the company. The stock has gained 5.2% since the earnings announcement, currently trading at $130 per share.
Bentley, an iconic English carmaker, has carved its mark with elegant, powerful vehicles for over 100 years. Founded by W.O. Bentley, the company’s roots lie in racing, with triumphs in the 24 Hours of Le Mans. Today, Bentley embraces electrification, with plans for an all-electric future, while preserving its legacy of craftsmanship and spirited performance. Amidst a handful of ultra-luxury car brands, Bentley continues to innovate and adapt, showcasing its enduring resilience and automotive excellence.
Olivier Peslier, one of the most successful jockeys of all time, has announced his retirement from riding after an incredible 35-year career. The Frenchman, 53, banged home 3,700 winners around the world, including 165 at Group 1 level. He will take his final two mounts at La Teste racecourse near Bordeaux on Thursday before saying au revoir to his riding career. Peslier was the go-to man in big Group 1 races around the world in his pomp in the late 90s and early 2000s, steering the likes of High-Rise, Cockney Rebel and Goldikova to famous victories. He also rode four winners of the Prix de l’Arc de Triomphe, Europe’s most prestigious race. Paying tribute to Peslier, fellow jockey Frankie Dettori said: “He is one of the true greats of our sport. He has been a great rival and a great friend. I wish him all the best in his retirement.”
The 49th Grand Prix of Long Beach drew a record crowd of 194,000, further underscoring increased interest in the event. The Grand Prix also had plenty to offer off the track, including a lifestyle expo and a variety of food and drink options. The event provides a major boost for the local and regional economy, as visitors spend money on hotels, dining, and local businesses.
