Business & Finance
Brought to you by: Monaco Life
Venturi has unveiled its new model to compete in the third season of the FIA Formula E, which starts on October 9 in Hong Kong. The innovative electric racing car team, led by Monaco’s Gildo Pallanca Pastor, will have a chance to showcase the new car at a pre-season outing at Donington, the UK circuit.
Visually, the car has a new front aileron, but more importantly it has a lighter power train and an optimised gearbox. A long-term partnership with the German equipment supplier ZF was also announced. “We are very proud to have reached an agreement with the company that built its international reputation in the most prestigious championships, Formula 1, endurance, rally,” Gildo Pastor said. “This partnership will allow our team to continue to increase its capabilities.”
The 2016-2017 season includes twelve races with Monaco (13 May) and Paris (20 May), among them.
The Grimaldi Forum has inaugurated its new Ravel Terrace, giving extra room to visitors in a beautiful open air setting and sea views that can’t be beat.
Remote working for cross-border employees was the hot topic of discussion between the Monaco government and Italy’s new Ambassador in Monaco Giulio Alaimo this week.
The National Council has passed a long-awaited bill allowing the SBM to chase bad debts incurred at its casinos – a move which could already put millions back into its coffers.
The Principality has received four new ambassadors this week from Japan, Spain, Czech Republic and India.