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ChiefOfficers.Net

This day had to come: Marc Marquez has, unusually, been defeated by the forces of nature. Holding a commanding lead at the US GP at the Circuit of the Americans in Austin, one of the most fundamental aspects of motor-racing was demonstrated and he fell off leaving the result of the race, and the Championship, to cause more shaking of heads than a room full of joyous fan-boys.

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This newspaper has long argued that items such as goodwill and brand values should be excluded from balance sheets as they are nebulous, cannot be accurately calculated and give a false value to companies. So, we argue, does valuing companies on "revenue" and artificial straight line depreciation saying that fixed assets and profit are the only true measures of a company's value to shareholders. Once again, it is reported by a market regulator, a company is "writing down" goodwill. It's time for a radical rethink on how companies, especially listed companies, are valued.

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Charles Leclerc fumbled the start and saw his pole position evaporate. It was the only thing he did wrong in the entire race as he took the lead in an audacious move on his team leader, Sebastian Vettel, and didn't look back for the simple reason there was no one to see in his mirrors. Until gremlins arrived.

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I should say up front that I am not a fan of DRS but I concede that, sometimes, it's helped spice up what was an otherwise processional race. But in F1 this year, there seems to be a plan to have more DRS zones. Last night's race in Bahrain had three. When DRS was introduced, tracks had one. And, last night, DRS made an extremely positive contribution to the race but its contribution was limited and artificial. What if the DRS rules were changed to remove the limitation and artificiality?

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Mark Zuckerberg is great at making things up but over the weekend, he's proved that he's also great at coming up with other people's ideas. How do I know? Because the other people whose ideas he's come up with is me and I published them in a book in 2015 that leaned on material I'd published, originally, in the late 1990s.

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I've had the chance to watch an Indycar race on TV, something that, because of various rights fights, has been denied me for several years. There's good close racing but there's a lot wrong both with the rules and the way the sport is presented. What should have been edge of the seat stuff turned into a festival of yawns and a great deal of frustration. And then there's the cars.

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It's a question that three years ago had a clear answer: yes; easily. Now, it's far more complicated. How far, then, should F1 go to appease the Italian team?

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STA Travel, which readers of a certain age will remember as a student-only bucket shop in the 1970s, has mutated but still focuses on the younger (that is those who have yet to reach a certain age) traveller. But, the authorities in Australia say that STA Travel began, in 2011, to market a product that has earned the company some AUD12m but mislead consumers who have paid more than STA Travel said they would. Proceedings have been issued in civil court.

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It might look like the tail fin from Concord but it's Bloodhound SSC, rescued this week by British businessman Ian Warhurst after entering liquidation last October.

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It's one of those interesting differences between English and American. The American charge of "interfering with flight crew" does not involve, as it would in English, a sexual act. But given that there was an assault, the American charge is clear.

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In 2015, a news report said that the flooring products of a listed company, "Lumber Liquidators," contained dangerously high levels of Formaldehyde. The company issued a denial and filed it with the SEC. That denial was untrue.

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A report in the New Straits Times last week said that the company's CEO, Datuk Seri Azman Mohd, had been "asked to resign" and a deadline given of Friday las week. Amongst those surprised by the "news" is Tenaga National Berhad, TNB, the national power company.

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When Brenton Tarrant, a 28-year-old Australian man, turned on the camera on his mobile phone and filmed himself and his actions during a murderous attack on two mosques in Christchurch, New Zealand, killing 50 people, it brought home to the world that the idea of web-casting, so beloved of American TV cop-show writers, can be even more horrifying when fiction turns to fact. Yet, the dangers of live streaming have long been known and criminals in a wide range of activities have been making use of it for a long time. Is this a "freedom" too far?

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For fans of the personalities, regulations and technology of F1, the first race of the 2019 season was fascinating.

For fans of racing, it was extraordinarily dull.

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I can't claim to have known Charlie Whiting personally but I can say that, like one or two other people over my decades of enjoying Formula One as a spectator, he has been an important figure in my life. And then, suddenly, he's gone, as if someone turned out the lights. This time, they say "gone" not "go."

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