Formula 1: Italian Grand Prix Report

The Italian Formula 1 Grand Prix, which takes place at the Monza circuit, is an important event for the tifosi; that is, Scuderia Ferrari fans, who want to see the red cars win on their home ground.

This year, two Ferrari-powered cars were on the podium. Sadly for the Italians, only one of them was a Ferrari: that of Fernando Alonso, and it managed only third place.

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F1 , Ferrari , Mercedes , Racing , Red Bull , Reports

Red Bull Heir Accused of Killing a Police Officer With His Ferrari FF and Running Away

Most people know Red Bull’s owner, Dietrich Mateschitz, the Austrian entrepreneur who has made a fortune out of the energy drink and among other things, owns not one, but two Formula 1 teams and a couple of soccer clubs.

What is not so widely known is that Mateschitz had a partner in establishing his empire. His name was Chaleo Yoovidhaya and up to his demise earlier this year at the age of 80, had built up a sizeable fortune of around US$5.4 billion, which put him on the 205th place in Forbe's list of the world's billionaires.

On September 3, Bangkok police announced that they had arrested Yoovidhaya’s grandson, Vorayuth Voocidhaya, for allegedly being involved in a hit-and-run accident that resulted in a police officer’s death.

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Accidents , Asia , Ferrari , Red Bull , Reports , Video