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1,281 result(s) for "Grand Prix racing."
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Driving Performance via Exploration in Changing Environments: Evidence from Formula One Racing
Until recently, scholars have customarily lumped multiple dimensions of environmental change into single constructs, and usually ascertained that the more the context changes, the more value firms derive from higher levels of exploration. In sync with more recent studies focusing on specific dimensions of change, in this paper we borrow theoretical elements from systems theory to examine the possibility that the reward to developing innovative product components may itself be eroded by implicit and yet burgeoning costs to fit the new component technology into existing architectures, thereby dampening system performance. Specifically, we theoretically assess how varying magnitudes of industry regulatory changes affect the optimum level of firm exploration, and propose—counterintuitively vis-à-vis past literature—that the more radical (i.e., competence destroying), as opposed to incremental (i.e., competence enhancing), these changes are, the more the optimum intensity of firm exploration recedes. Based on quantitative as well as qualitative empirical analyses from the Formula One racing industry, we precisely trace the observed performance outcomes back to the underlying logic of our theory, stressing that impaired capabilities to integrate the new component in the architecture redesign and time-based cognitive limitations both operate to inhibit the otherwise positive relationship between firm exploration and performance. In the end, we offer new insights to theory and practice.
Quality of Life Subjective Expectations and Exchange from Hosting Mega-Events
This study examined residents’ quality of life contexts due to the mega-events (F1 Korean Grand Prix 2010 and 2018 Pyeongchang Winter Olympics) based on an insider’s perspective (emic approach). The study investigated the residents’ quality of life contexts due to hosting the mega-events, which are suitable for understanding changes in social patterns among residents. Specifically, the study investigated diverse phenomena surrounding two mega-events and their relation to the quality of life with qualitative methods of participant observation and in-depth interviews. The phenomenon for the quality of life represented socioeconomic effect, educational impact on the local community, infrastructure development, recreational and cultural experience, emotional use of life, community spirit, and direct economic exchange. The subject phenomenon of quality of life examined the Residents’ Perception of Quality of Life, Subjective Expectations and Exchange, and the Relationship Model. The relationship model shows that the mega-event host community residents’ daily life experience from the individual or collective social exchanges influences their perception of the quality of life and the areas of life. Meanwhile, the factors, including individual social interaction, recreational and cultural experience, and the emotional use of life, positively or negatively influence the residents’ perception of the quality of life. Finally, the standards and procedures of the perception of the quality of life appear different depending on the type of residents and whether they have direct economic exchange experience.
DNA racers burn up the track in molecular Grand Prix
‘Origami’ nanomotors attain a blistering pace of 100 nanometres per minute. ‘Origami’ nanomotors attain a blistering pace of 100 nanometres per minute.
The formula : how rogues, geniuses, and speed freaks reengineered F1 into the world's fastest-growing sport
\"WALL STREET JOURNAL reporters and authors of THE CLUB, Joshua Robinson and Jonathan Clegg tell the riveting saga of how Formula 1 broke through in America, detailing the eclectic culture of racing obsessives, glamorous settings, gearheads, engineering geniuses, dashing racers, and bitter rivalries that have made F1 the world's fastest growing sport. For decades in America, car racing meant NASCAR, and to a lesser extent IndyCar, with Formula 1-the wealthiest racing league in the world-a distant third. Fast forward to 2023, and F1 has emerged at the front of the pack powered by a passionate yet nascent American fanbase. The F1 juggernaut has arrived, but this checkered flag was far from inevitable. In THE FORMULA, WALL STREET JOURNAL reporters Joshua Robinson and Jonathan Clegg tell the epic story of how F1 saved itself from collapse and finally conquered America through guile, fearlessness, and above all, reinvention. With fast cars, big money, glamorous locales, and beautiful people as the backdrop, THE FORMULA reveals how F1's sudden arrival in the US was actually decades in the making, a product of the sport's near-constant state of transformation and experimentation. Bringing unique insight and access to F1's most storied teams and personalities-from Ferrari to Bernie Ecclestone to Christian Horner to Lewis Hamilton-THE FORMULA offers a riveting portrait of the drivers, corporations, cars, rivalries, and audacious gambles that have shaped the sport for half a century. The end result is a high-octane history of how modern F1 racing came to be-the first book to tell the story of the outrageous successes and spectacular crashes that led F1 to this extraordinary yet precarious moment. More than just a sports story, THE FORMULA is the tale of a disrupter that broke into the crowded American sports marketplace and claimed its place through cash, personality, and a new understanding of what a sport needs to be in the age of wall-to-wall entertainment\"-- Provided by publisher.
Service Quality, Perceived Value, and Fan Engagement: Case of Shanghai Formula One Racing
The purpose of this study is to examine the influence of controllable service quality factors as firm-based antecedents to two dimensions of customer engagement behavior among Formula One racing spectators. This study uses the theory of customer engagement (van Doorn et al., 2010) as a guiding framework and applies Bettencourt's (1997) model of customer voluntary performance (CVP) to examine how perceptions of ancillary services and value can prompt management cooperation and prosocial behavior among spectators of a recurring mega sport event. Findings suggest that spectator interactions with event personnel and the physical environment can positively impact consumer perceptions of value and lead to greater fan engagement. Event organizers should focus management and marketing efforts on the utilitarian value (price/value for money) associated with attending a mega event and promote physical environment factors that can enhance the overall event experience.
Formula 1 : car by car 1970-79
\"This book is the second in a multi-volume, decade-by-decade series covering the entire history of Formula 1 through its teams and cars. This instalment covers the 1970s, when the sport gained big new sponsors and grew into a television spectacle, with battles between Ferrari and Cosworth-powered opposition a continuing theme. As well as the big championship-winning teams - Lotus, Ferrari, McLaren and Tyrrell - this was a period when small teams and privateers continued to be involved in significant numbers and they are all included, down to the most obscure and unsuccessful. This book shines new light on many areas of the sport and will be treasured by all Formula 1 enthusiasts.\"-- Provided by publisher.
Alcohol audio-visual content in formula 1 television broadcasting
Background Exposure to audio-visual alcohol content in media is associated with subsequent alcohol use among young people. In 2016 Heineken launched its global Formula One (F1) partnership and had a significant brand presence at a number of 2017 F1 race events. We have measured the extent to which Heineken and other alcohol content appears in a sample of the first 6 races broadcast in the UK during the 2017 F1 Championship. Methods We used 1-min interval coding to quantify alcohol content in all broadcast footage, including advertisement breaks. Results Alcohol content occurred in all of the races shown and in 41% of all advertisement breaks in the programming. The most prominent content was alcohol branding, occurring in 39% of race footage intervals. Alcohol branding consisted mostly of billboard advertisements or branding on the side of cars or racing suits with Heineken and Johnnie Walker being most prominent. Alcohol branding was shown in race footage from countries where alcohol promotion is prohibited. All of the race footage was broadcast on Channel 4 on a Sunday, with start times ranging from 12:35 to 18:45. Conclusion Audio-visual alcohol content, including branding, was highly prevalent footage of 2017 F1 races broadcast during peak viewing times in the UK. This content is likely to be a significant driver of alcohol consumption among children and adolescents.