Welcome back !

Last week marked the debut of Part 1 of Driven to Succeed: Financial Planning for Motorsport Athletes by financial advisor Elliott Ellis. To kick things off he explains the five reasons why every race driver needs to manage their money wisely. If that has you intrigued, let's take a look at what else was featured on News Racers Can Use last week.

The New McLaren Trophy Academy

The new McLaren Trophy Academy has been introduced, a series which is “designed to source and develop McLaren champions of the future.” Last week I had all the details. I also had tips on avoiding burnout, how Porsche gives young racers a boost and keeping female participants in the sport. Click here to read all of last week's driver development news.

Personal Branding in Motorsport

Why do driver or rider moves matter so much in racing? There are number of factors, but the short answer is sponsorship. Perhaps a little-known fact to casual fans, but teams are not the only ones that receive sponsorship over the course of a race season.

Drivers receive direct sponsorship as well. But why? Click here to read more.

Think Outside the Box

Think outside the box. Last week I brought you valuable tips on how to do just that, along with advice on growing your social media following and increasing your sponsorship value. Plus, I had details on a webinar about crafting effective sponsorship decks. Click here to read all of last week's race driver business advice.

A 2020 Aston Martin GT4 Headlines This Week’s Marketplace

A 2020 Aston Martin GT4 headlines this week’s selection of Race Cars for Sale in the Motorsport Prospects Marketplace in partnership with Racing Edge. Last week I also featured a 2022 Ginetta GT4 Super Cup V8, 2024 Radical SR10 XXR, two Lamborghini Huracan Super Trofeo EVO2s and a 2018 NP01 Prototype. Click here to see if they are still available!

New Race Series and Race Cars for 2025!

New race series and race cars dominated last week’s edition of the Racecraft & Race Cars Roundup. Four new series and three new race cars are featured in addition to some great racecraft advice, tips on dealing with mental fatigue and much more. Click here to read all about what's coming in 2025 and 2026.

What It’s Like to Compete Against Max Verstappen in Sim Racing

Last week you found out what it felt like to race against Max Verstappen in sim racing. I also had a comparison between sim racing and the real thing, how a sim racer went on to engineer a Supercar and a new sim racing competition featuring the Mustang GT3. Click here to read all of last week's sim racing news and advice.

Mercedes F1 Champion Sustainability

Mercedes F1 is championing sustainability and are working to decarbonize by 2030. In last week's issue of the Sustainable Motorsport Roundup, you found out how. I also had a progress report on Formula 1’s sustainability progress for the 2024 season so far and how Robert Wickens is pursuing a Formula E career. Click here to read last week's sustainable motorsport developments.

5 Reasons Why Every Race Driver Needs to Manage Their Money Wisely

As I mentioned in the introduction, this week kicked off Part 1 of Driven to Succeed: Financial Planning for Motorsport Athletes by financial advisor Elliott Ellis. Part 2 will be published this Thursday and Part 3 the following week. Click here to read Part 1.

Can an F1 Team Emulate the Valuation of the Dallas Cowboys?

Last week’s Business of Motorsport Roundup explored whether an F1 team can achieve a valuation similar to the recent $10 billion valuation of the Dallas Cowboys. I also had news on charter negotiations in both NASCAR and IndyCar, the future of the Supercars calendar and why the Stake F1 team must operate under a different name at the Dutch Grand Prix. Click here to read all the latest business of motorsport news from last week.

The Week Ahead

In addition to Part 2 of Driven to Succeed: Financial Planning for Motorsport Athletes I look at the recent pivot of the Team USA Scholarship, how to ace your next sponsorship meeting and much more!

Quote of the Week

"There is no doubt about precisely when folks began racing each other in automobiles. It was the day they built the second automobile."

-Richard Petty

The Last Lap

Gilles Villeneuve is the man that introduced me to motorsport. Not personally of course but through his exploits on the track. When he burst onto the Formula 1 scene, I was a young kid in high school that played and followed every sport around. Except motorsport. Villeneuve changed that for me and like millions, his death rattled me to the core.

In an especially poignant article on Motorsport Magazine.com, Maurice Hamilton and Nigel Roebuck look at the tragic rivalry between Gilles Villeneuve and Didier Pironi, reminding us once again of one of the great "what-ifs" of motorsport. You can read the article here.

Enjoy,

Mark