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Swiss Companies emulate UK’s Motorsport Valley

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Many Swiss engineering firms have sprung up around the Sauber F1 team. The surprising and history making thing happened on 10th of June last year. It is when Swiss city of Zurich hosted the Formula E championship.

Motor racing was illegal in Switzerland since 1955. There was a sports accident in Le Mans that killed 83 spectators in 1955. Since then, government banned motor racing around circuits. But in 2015, the ban was lifted for just fully electric vehicles. But in 2018, The Formula E took place in Zurich. And a motor event took place after 60 years in Switzerland.

Even though the sports did not come to the country till 2018, the country is very much involved in motorsport. And it is well known for precision engineering it often requires. Geneva is home to the administrative headquarters of motorsport’s governing body and the F1 Team Sauber. It is one of the only teams based out of UK.

Uk has most number of F1 Teams. And the motorsport sector is a huge success in the British engineering, specially with the Swiss machined parts and manufacturing. There are around 4300 companies based around the Midlands and Oxfordshire that are into this business. And it is known as the Motorsport Valley.

The Motorsport Valley employs 45,000 people, and 25000 out of those workers are engineers. And the estimated sales of the Motorsport Valley was around 10 Billion pounds back in 2017, and 87% of it was exports.

Many countries including Switzerland seem interested in partnering up with Motorsport Valley. The ambassador of UK, Alexandre Fasel said – “The vector of motorsport can be used to develop business opportunities. It happens in Motorsport Valley in the UK, and it happens in Switzerland except it does not see itself as a ‘valley’ yet.”

“We want to team up with UK companies, to penetrate the markets and commercialise IP in areas such as lightweight structures, electrification, autonomous and connected vehicles, and the use of data.”

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Sports

India’s Loss in the Semi-Finals Cost Punters Rs. 1000 Crore

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The satta market suffered a great loss when the team India lost in the semi finals of ICC World Cup. And the loss of the favourite Indian team led to the loss of punters as well. India lost to New Zealand in the semi final. Many hoped that India’s win will help their pockets, but they bled dry.

India is out of the world cup, as it lost the knock out match to New Zealand. And many who betted on India suffered a huge loss. A betting insider told the FPJ that more than 90% of the bets were riding on India. But they suffered a loss of Rs. 1000 crore. And around the world, the loss was almost the double.

New Zealand had a slow start, and the dismal batting pitch did not give them much room to bat. Seeing this, many betted on their favourite team, India. The rate for India was Rs. 4.35. And on the other hand, for New Zealand it was Rs. 49.

Many assumed that Black caps were losers. But surprisingly, their bowling took India by surprise. And the tables turned when top three batsmen of India left the crease too early. Rohit Sharma, Virat Kohli and KL Rahul got dismissed early. And as per Satta king, even after this, many punters took chances by seeing the partnership of Dhoni and Jadeja.

India’s score was 200/6 when Dhoni and Jadeja were on crease. But after Dhoni’s run out, the stadium went quiet with disappointment. And the silence was a defeat. New Zealand bounced back in the last two overs and towards the fag end India lost wickets.

Punters who planned on having a big party after the win cancelled the bashes after huge loses. One of the punters Rajveer Singh lost 10 crores which he won from India’s successive win. He said – “Even in session to session bidding, punters lost huge amounts as they had placed bets on Dhoni-Jadeja partnership which was in top form during the last session.”

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