Citi Private Bank’s Post

Recently, the world of Formula 1 witnessed a spectacular display of perseverance and determination as Lando Norris clinched his first-ever Grand Prix victory in Miami. I've admired Lando's journey, not just for his skill behind the wheel but for his unwavering spirit in the face of challenges. Lando's triumph is really a testament to this, reminding us that sometimes, the most rewarding victories are those that come after the most enduring trials. It might seem like a silly comparison, but as South Africans, we all know the effect that sport can have on people, and I just resonate so profoundly with this spirit of tenacity. Every day at Rise Against Hunger Africa, we strive against the odds to bring essential aid to those who need it most, inspired by stories like Lando's that remind us why we should never give up on our goals, no matter the adversity we face. As someone who passionately supports the underdog, Lando's victory serves as a powerful reminder: Success isn't just about talent. It's about perseverance, about not letting setbacks define your journey but letting your resilience do the talking. To everyone facing their own races, remember Lando and keep pushing forward. The finish line might be just around the next bend.

Does your Class Allow You to Go the Extra Mile? You might be surprised to know I have a Ferrari in my lounge Every morning my Ferrari reminds me of when I stood on the track at Monza, the home of Ferrari in Milan. I reflect on how I could hit the metrics of performance like a Ferrari driver When you think of Ferrari, does performance and being world-class spring to your mind? Imagine having that great positioning. What can Ferrari teach us about performance and how can you apply the principles to be first class lane ? Call to action Want to win beyond the arena ? You need to be an expert in your industry Be positioned as the go to person Have the competitive edge in everything you do. Become a corporate ambassador Which one is easy to do ? Which one is a challenge ?

🏁 𝐋𝐞𝐬𝐬𝐨𝐧𝐬 𝐟𝐫𝐨𝐦 𝐅𝐞𝐫𝐫𝐚𝐫𝐢’𝐬 𝐕𝐢𝐜𝐭𝐨𝐫𝐲 𝐚𝐭 𝐌𝐨𝐧𝐳𝐚: Strategy, Ambition, and Risk-Taking In the high-stakes world of Formula 1, much like in Investment Banking, success often depends on embracing bold strategies, resilience, and stepping out of your comfort zone ➡️ Ferrari’s triumph at the Italian Grand Prix is a perfect example of this. While most teams opted for a safer two-stop pit strategy, Ferrari and Leclerc took a calculated risk with a one-stop approach, relying heavily on tyre management to sustain their pace. The pressure was intense, but their confidence in the strategy paid off, securing a well-deserved win on their home track at Monza This race showcased how calculated risks, when executed well, can lead to huge rewards 𝐊𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞: ✅ 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐑𝐢𝐬𝐤-𝐓𝐚𝐤𝐢𝐧𝐠: Sometimes unconventional strategies bring the biggest wins ✅ 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞: Bouncing back from challenges is essential ✅ 𝐀𝐦𝐛𝐢𝐭𝐢𝐨𝐧: Continuously striving for excellence fuels growth and success #HSAAdvisory #F1 #Ferrari #Strategy #RiskTaking #MonzaVictory #Ambition #Resilience #GlobalSports

There's nothing quite like the feeling of watching a strategy unfold seamlessly and seeing the numbers align just as you envisioned. It's moments like these that remind us of the power of hard work, dedication, and strategic thinking. Take inspiration from the incredible achievement of Lewis Hamilton, claiming his 9th home Grand Prix victory. Just like in the world of Formula 1, success in business often comes down to meticulous planning, precise execution, and unwavering determination. Let's harness that winning spirit and continue to push boundaries, set goals, and strive for excellence in everything we do. Here's to celebrating the sweet taste of success when a plan comes together! #StrategySuccess #Inspiration #AchievementUnlocked Andrew Charlton, Hashtag Events, Steven J Innes, Mike Turner, Sharon Murray, Clay Connections Ltd, Mercedes-Benz AG, Mercedes-AMG PETRONAS Formula One Team, James Clutterbuck, Berkeley Red - VIP Events & F1, Formula 1

With Daniel Ricciardo stepping away from Formula 1, it’s a fitting time to reflect on the one of the sport's modern icons. While many will remember him for his incredible talent, just as many will recall his personality and charisma, which opened countless opportunities for brands over his 14-year career. With the vast commercial growth of Formula 1 in the last 5-years, teams face a choice: a driver who delivers consistent points and podiums or one who drives views, clicks, and brand awareness. On-track performance brings prestige, prize money, and major sponsors, as seen with Mercedes and Red Bull over the last 15-years. However, a driver like Ricciardo adds long-term value through fan engagement and sponsor interest, even during sub-par seasons. The real question: what do teams prioritise- immediate results or long-term growth? In my opinion, both are key, but in today's Formula 1 landscape, a driver's brand may be just as important as their lap times. What do you think: are results or marketability the key to long-term success in motorsports?

Turning Motorsport Success into Business Triumphs: 6 Principles I've Learned from Toto Wolff I've been inspired by Toto Wolff, the Team Principal of Mercedes-AMG Petronas Formula One Team, and wanted to share some lessons I've learned from his leadership, and the way he organizes a team before competition. Teamwork: Toto Wolff led Mercedes to eight consecutive World Constructors' Championships (2014-2021) by emphasizing teamwork. Just like his team shares ideas to win races, we can work together to reach our goals. 🤝 Open-Mindedness: Listening to feedback from his team. This open-mindedness helps him stay ahead of the competition. By valuing different opinions and encouraging everyone to speak up, we can find new ways to succeed. There is no ego when it comes to teamwork. 🧠 Trust: He trusts his team to do their best, and they trust him back. This trust has created a strong, united team. Building trust at work helps everyone perform their best and stay connected. ❤️ Helping Others Grow: He focuses on helping his team members develop their skills. He believes that everyone has potential and works to help them grow. We should support our coworkers, helping them improve and take on new challenges. 🌱 Being Honest: Toto is known for his transparency. He shares his plans and goals with his team, which helps everyone understand and work together. Being honest at work builds strong relationships and fosters a sense of unity. 🗣️ Focusing on Success: While Toto cares about his team, he is also focused on winning. He sets clear goals and works hard to achieve them, holding himself and his team accountable. We should set clear goals and work diligently to achieve them, just like Toto. 🏆 Toto Wolff's leadership has transformed Mercedes within Formula One. By embracing team dynamics we can transform our business challenges into successful triumphs. #Leadership #Motorsports #Innovation #FinancialSuccess #MercedesAMGF1

5 MOST INTERESTING FACTS ABOUT THE FERRARI PUROSANGUE

A champion in Formula 3, A champion in Formula 2, Oscar Piastri winning for the first time in Formula 1! But it wasn’t that simple. His teammate Lando Norris had to give Oscar the win. On the second last lap of the race. As the McLaren team ordered Lando to back off. And let Oscar win. In most sports, your teammate is your ally. But in Formula 1, your teammate is your biggest rival. Because your teammate has got almost the same car, Same resources, And the same opportunities. So they are both competing with equal resources. Then why did Lando Norris still let Oscar Piastri win yesterday? Here are 3 reasons why: 1. Strategic Risk Management The team had to switch positions earlier To avoid complications, And ensure a smoother race for both drivers. To minimize the risk of losing positions in the race 2. Showcasing teamwork Even though Lando was the quicker driver, He had to help Oscar to showcase teamwork, And give Oscar credit for a strong start to the race. 3. Returning Oscar a favor Oscar being the junior driver in the team has always Lando wherever he could, So it only made sense for Lando to give Oscar the credit, And let him win the race. Every driver in  Formula 1 is selfish of the circuit, But showcasing such sportsmanship is a testament to teamwork, respect, and strategic thinking. Just like in business, Where individual accomplishments are crucial, The success of the organization depends on collaboration, fairness, and aligning personal goals with the team’s objectives. These principles not only lead to victories on the track But also drive long-term success in the corporate world.

More than 40 % of the BWT Alpine partners have been with the team for the last five years. BWT Alpine Formula 1 team is one of the Formula 1 teams with relatively small changes in the partnership network. It is perhaps typical for manufacturer teams, the small changes, but it is still an achievement. 👉 If we compare the 2020 Renault F1 team partnership network and the BWT Alpine network of 2024 40 % of the 2020 partners are still with the team. 👉 If we look at the number of partners the difference from year-to-year is very small. In 2020 Renault did not have other Renault brands than Renault on the network. Now Renault e-Tech and Alpine Eyewear are partners. DP World was a Renault partner in 2020. Now the Emirates port logistics company is a McLaren partner. Genii Capital was on the network as a partner and co-owner in 2020. Renault Group re-entered Formula One following its acquisition of 90% of the team from Genii in late 2015. Renault Group acquired Genii Capital’s remaining minority shareholding in Alpine Racing Limited in 2021. In December 2023 Alpine announces the closing of the acquisition of a 24% stake in Alpine Racing Ltd by a group of investors for €200 million, valuing the company at around $900 million. Otro Capital and a group of investors, which includes RedBird Capital Partners and Maximum Effort Investments acquired the stake.