Top-Stories
Zak Brown Ready to Back Andretti-Cadillac Bid if “Additive” to F1
Renowned McLaren CEO, Zak Brown, has expressed his readiness to support Michael Andretti’s ambitious F1 project under the Andretti-Cadillac banner, provided it proves to be a valuable addition to the Formula 1 landscape.
Brown emphasized the manifold advantages of introducing an eleventh team to the Formula 1 grid. Foremost among these benefits, he highlighted the potential for a significant uptick in fan engagement and overall revenue for the sport. This, he believes, would lead to a larger revenue pie, benefiting all teams through increased sponsorship opportunities and enhanced exposure.
The Pros According to Zak Brown:
- Expanded fan base
- Increased television revenue
- Greater exposure in specific markets for attracting sponsors
- Heightened excitement on the racetrack
However, Brown acknowledged the inherent risk that Andretti-Cadillac’s entry may fail to contribute to this envisioned growth, leaving existing teams concerned about potential revenue losses with the introduction of another competitor.
“The downside is if the pie doesn’t get larger, and then you’re just divvying up the same-sized pie, and that’s where I think the majority of the teams are.”
Nevertheless, Brown affirmed his support, emphasizing that he backs Andretti-Cadillac as long as it enhances the sport and overall revenue for existing teams. He expressed a preference for a smaller share of a much larger revenue pool over a larger share of a smaller pool.
“My view is as long as it’s additive to the sport – brings in more fans, brings in more revenue, brings in better television contracts, whatever that may be – if it makes the pie larger I’d rather have one 11th of a pie that’s 1,000 times than one tenth of one that’s 100 times.”
Zak Brown Reveals Lack of Details on Andretti Cadillac’s Bid Among F1 Teams
Furthermore, Brown highlighted the prevailing lack of information among F1 teams regarding the specifics of Michael Andretti’s bid. He pointed out that the opinions expressed by team bosses and critics are based on assumptions rather than concrete details.
“I think everyone has an opinion, but not anyone is that educated on actually what the proposition is.”
Brown clarified that the ultimate decision on Andretti-Cadillac rests with F1 and the FIA. He expressed hope that the decision would add value to the sport and contribute to its growth in the forthcoming years. Currently, Michael Andretti’s proposal is undergoing discussions with Formula 1 regarding the commercial agreement required for entry into the sport.
It is anticipated that Andretti-Cadillac’s inclusion would bring additional revenue to the sport, potentially introducing an American driver from IndyCar to Formula 1. Such a move could significantly expand viewership, especially in the United States, a pivotal market for the pinnacle of motorsport. However, the approval of Michael Andretti’s team competing in F1 remains uncertain.
Also Read:- Zak Brown Ready to Back Andretti-Cadillac Bid if “Additive” to F1
Simone Biles is a legendary gymnast, often called the greatest of all time (GOAT). She has won more medals than any other gymnast, even receiving the prestigious Presidential Medal of Freedom. This week, she made her much-anticipated return to the gymnastics mat.
Net Worth 2024
In 2024, Simone Biles is estimated to have a net worth of $16 million.
And for the 2016 Rio games, per Forbes:
- $25,000 for each gold medal
- $15,000 for each silver medal
- $10,000 for each bronze medal
Jonathan Owens
In 2019, Biles and Owens had a close encounter at a Texans game. However, they officially met through the Raya dating app in March 2020, with Biles taking the initiative and making the first movie.
The gymnast shared with the Wall Street Journal, “He would say I slid into his DMs. I noticed him, thought he was cute, and said hi. After seeing he was in Houston, we started chatting and eventually hung out a week or two later.”
Simone Biles and Jonathan Owens seem to have addressed the criticism about the comments made by the Green Bay Packer regarding how he and the renowned gymnast crossed paths.
Owens replied on Instagram with a pic of him and Biles, saying, “Unbothered… just know we locked in over here.” Biles kept it even simpler in a wedding photo, captioning it with just one word: “Mood.”
Dating History
In February 2022, Owens talked to Today about when he started liking Biles. He said it was about a month into their relationship when they began spending time together every weekend.
He also said, “We just kept spending time together, and I wanted to see her more and more.” Owens mentioned that even his dog really liked her.
The couple dated for almost three years but broke up in March 2020. Simone talked about it in August 2020, saying it’s tough to end a long relationship when you’re young, but it was the right thing to do. Fortunately, Simone didn’t take too long to find someone new.
Owens made a big effort for his first Valentine’s Day with Biles in February 2021. Biles posted a picture on her Instagram of the special setup he made for her, and they kissed in the photo.
He said, “Happy 24th birthday to my lady! I’m really excited about our future together, and I can’t wait to celebrate more birthdays with you. I love you, baby.”
Also Read:- Simone Biles: Net Worth 2024| Jonathan Owens| Dating History
Renowned former NASCAR Cup and Xfinity series driver, as well as prominent broadcaster, Kenny Wallace recently engaged with fans on December 22nd, delving into various topics surrounding NASCAR. One significant revelation during this interaction was Wallace shedding light on the substantial financial commitment he made towards insurance during his tenure as a premier stock car racer.
Insurance Breakdown: A $150,000 Annual Expenditure
Responding to inquiries from fans, Wallace disclosed that he annually allocated a staggering $150,000 to meet the insurance requirements associated with participating in NASCAR races. The comprehensive coverage included Disability Insurance, family insurance, auto insurance, and even golf-kart insurance, a mandatory aspect dictated by the race tracks themselves. Notably, the financial burden was further compounded for drivers managing additional personal employees.
“To pilot a race car in the demanding realm of NASCAR, I had to secure Disability Insurance and workman’s comp. In addition, standard family health insurance, auto insurance, and golf cart insurance – a prerequisite imposed by the race tracks. At times, my annual expenditure exceeded $150,000, especially when factoring in other expenses such as transportation, loans, and personnel salaries,” remarked Wallace.
NASCAR’s Distinct Insurance Approach
Contrary to conventional practices in other sports leagues, NASCAR adopts a unique stance on insurance provision. Notably, the sanctioning body does not extend insurance coverage to its drivers, citing their distinct classification as Independent Contractors rather than employees.
“NASCAR Cup drivers operate under an Independent Contractor arrangement, absolving the organization of any legal obligation to furnish insurance coverage. Despite the inherent risks associated with every race, NASCAR’s policy positions drivers as independent entities rather than direct beneficiaries of employer-provided insurance,” elucidated Wallace.
This departure from the traditional employer-employee relationship in other sports leagues has implications for driver responsibility, requiring them to independently navigate insurance matters, a distinctive feature within the high-stakes world of NASCAR.
Also Read:- Kenny Wallace Reveals Substantial Annual Investment in NASCAR Insurance
Ever wondered about the love story of Simone Biles and her husband? Well, we Sportsbugz have got the juicy details for you! But wait, it’s not just hearts and roses – there’s a bit of a mystery. Get ready for a story that’s not your typical fairy tale. It’s got drama, it’s got love, and it’s got some unanswered questions that’ll keep you hooked till the end. Let’s spill the tea on Simone Biles and her husband – are you in for the scoop? Let’s jump in and find out!
What is Simone Biles Husband Interview Controversy?
In the world of Olympic greatness, Simone Biles stands tall. But here’s a surprise twist: her husband, Jonathan Owens, only discovered her name four years after she won her first Olympic medal! They met on a dating app, turning the greatest gymnast into just another match.
I’ve read sooooo many posts about Simone Biles’ husband saying he didn’t know who she was and that he was the catch and you know what? I STILL don’t know that man’s name. 😑😂 pic.twitter.com/tZlPGEXNR6
— ValGal (@ValGal1212) December 22, 2023
The controversy kicked in when Owens spilled this story in an interview. People on the internet quickly reacted, especially when he mentioned he hadn’t paid much attention to gymnastics before. They also referred to this interview as “Simone Biles Husband Drama”. Despite the fuss, Simone and Jonathan seem chill about it, sharing their “unbothered” vibes on social media. So, what’s the real story? Check out “The Pivot” podcast for the full scoop beyond the headlines!
When did Simone Biles Meet Her Husband?
Simone Biles and her now-husband, Owens, found each other through the magic of the Raya dating app in 2020. Despite the initial anonymity, their digital connection blossomed into a unique and enchanting story when they both swiped right.
Even though Owens wasn’t familiar with Simone Biles’ celebrated gymnastic achievements at the time, the magnetic pull of their connection remained strong. Their first encounter happened in the digital space, and from there, their story took a modern twist.
Their initial communication unfolded through text messages, a contemporary take on the classic tale of two people getting to know each other. This virtual exchange quickly led to a decision to meet in person, transcending the digital boundaries. Owens had recently moved to Houston, where he would later play for the Texans, providing a serendipitous backdrop for their connection. Simultaneously, Biles continued her training just outside the city, setting the stage for the intersection of their lives.
In the midst of their different worlds, they found common ground and a shared journey that would lead them to the next chapters of their lives.
When did Simone Biles Get Married?
They got married on 22 April 2023 in a cozy courthouse ceremony in Houston. Adding a splash of glamour to their love story, they didn’t stop there.
Simone Biles & Owens Marriage Pictures
Just a few weeks later, they hosted a lavish second wedding in Mexico, turning their union into a double celebration. Cheers to the happy couple for making their special day even more extraordinary.
Jonathan Owens Net Worth in 2024
Simon Biles Net Worth in 2024
The net worth of owen’s wife Simon Biles is estimated to be in the range of $14-16 million. This substantial wealth reflects not only her unparalleled success in gymnastics but also her lucrative endorsement deals and various business ventures. Biles has become a highly marketable figure, securing partnerships with major brands and leveraging her immense popularity to build a diversified financial portfolio. Her net worth is a testament to both her athletic prowess and her business acumen, making her not only a gymnastics icon but also a notable entrepreneur in her own right.Husband-Wife Combined Net Worth: Jonathan Owens and Simone Biles in 2024
The combined net worth of Jonathan Owens and Simone Biles would be around $20 Million which paints a picture of financial success, creating a wealthy foundation for their family. This power couple’s impressive earnings not only speak to their individual achievements but also set the stage for a prosperous future for their children and the entire family. With Jonathan’s strategic moves on the football field and Simone’s prowess in gymnastics and business, they’ve built more than just a strong partnership—they’ve crafted a path to financial well-being that will likely benefit generations to come. The Owens-Biles family is undoubtedly in for a financially secure and thriving journey ahead.-
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