
The 24 Hours of Daytona, currently known as the Rolex 24 At Daytona, is a 24-hour sports car endurance race held annually at Daytona International Speedway in Daytona Beach, Florida. It is run on a 3.56-mile (5.73 km) combined road course, utilising portions of the NASCAR tri-oval and an infield road course. Since its inception, it has been held on the last weekend of January or the first weekend of February as part of Speedweeks, and it is the first major automobile race of the year in the United States. It is also the first race of the season for the WeatherTech SportsCar Championship, Wikipedia says.
In 2006, the race moved one week earlier into January to prevent a clash with the Super Bowl, which had in turn moved one week later into February a few years earlier.
The race has been known historically as a leg of the informal Triple Crown of endurance racing,[1] although it suffers from an increasing isolation from international Sports Car racing regulations, which have been eased in recent years.
Unlike the 24-hour Le Mans race, the Daytona race is conducted entirely over a closed course within the speedway arena without the use of any public streets. Most parts of the steep banking are included, interrupted with a chicane on the back straight and a sweeping, fast infield section which includes two hairpins. Unlike Le Mans, the race is held in wintertime, when nights are at their longest. There are lights installed around the circuit for night racing, although the infield section is still not as well-lit as the main oval. However, the stadium lights are turned on only to a level of 20%, similar to the stadium lighting setup at Le Mans, with brighter lights around the pit straight, and decent lighting similar to street lights around the circuit.
In the past, a car had to cross the finish line after 24 hours to be classified, which led to dramatic scenes where damaged cars waited in the pits or on the edge of the track close to the finish line for hours, then restarted their engines and crawled across the finish line one last time in order to finish after the 24 hours and be listed with a finishing distance, rather than dismissed with DNF (Did Not Finish). This was the case in the initial 1962 Daytona Continental (then 3 hours), in which Dan Gurney’s Lotus 19 had established a lengthy lead when the engine failed with just minutes remaining. Gurney stopped the car at the top of the banking, just short of the finish line. When the three hours had elapsed, Gurney simply cranked the steering wheel to the left (toward the bottom of the banking) and let gravity pull the car across the line, to not only salvage a finishing position, but actually win the race.[1] This led to the international rule requiring a car to cross the line under its own power in order to be classified.
F1: Hamilton in one-season deal
Race fans will now turn to Formula 1 Championship 2021 season, beginning in Australia in March. Last year was an unprecedented year for Formula 1 in which the COVID-19 pandemic resulted in a revised 2020 calendar of 17 races, as F1 became the first international race to resume its season.
“The plans for 2021 have involved extensive dialogue with all promoters and their local and national authorities at a time of ongoing fluidity related to the global pandemic,” read an F1 statement. ”Formula 1 and the FIA put in place robust health and safety measures to allow the revised 2020 season to restart and run effectively.
Louis Hamilton, the champ, is already making headlines after he signed the deal with Mercedes for only the 2021 season. The contract got delayed as Hamilton tested COVID positive late in 2020 after the Bahrain GP. This is the first time when Hamilton has not signed a multi-year commitment. He is targeting an unprecedented eighth world championship – and what would be a seventh in eight years.
Hamilton joined Mercedes in 2013 from McLaren. The switch-over led to a streak of excellent performances, which saw him winning six of the last seventh world titles while playing a key role in Mercedes winning all seven of the constructors’ championships since the hybrid turbo era began in 2014.
- Titan International
- Goodyear
- Paul Reitz
Titan International Expands Goodyear Brand Licensing Rights
- by TT News
- May 02, 2025

Titan International, a major global manufacturer of wheels and tyres for off-highway equipment, has secured expanded production rights for the Goodyear brand across multiple segments while renewing its existing farm tyre licensing agreement.
The deal extends Titan’s Goodyear brand manufacturing rights to include light construction, industrial, all-terrain vehicle (ATV), lawn and garden and golf tyre categories, significantly broadening the company's market reach.
The Illinois-based firm will continue to produce agricultural tyres under the Goodyear Farm Tyres brand, maintaining its presence in a sector where it manufactures products ranging from small implement tyres to the massive Goodyear Optitrac LSW1400/30R46, which features the company's proprietary Low Sidewall Technology.
"We are excited to expand our rights into new segments, as this positions us to serve our customers better and seize emerging market opportunities. Our research and product development teams are already working on new tyre designs incorporating innovative tyre technologies for the lawn and garden segment," said Paul Reitz, President & CEO of Titan International, Inc. "In addition to our newly acquired rights, we are reaffirming our commitment to the farm tyres segment, a vital part of our business."
Industry analysts note the expansion comes as demand for specialised off-highway tyres remains robust across construction, agriculture and recreational sectors despite broader economic headwinds.
Strategic growth initiative
The licensing expansion aligns with Titan's strategy to offer comprehensive wheel and tyre solutions across forestry, powersports, outdoor power equipment, agricultural, earthmoving, and light construction markets throughout the Americas, Europe, Africa and Oceania.
The company did not disclose the financial terms of the licensing agreement with Goodyear.
Titan International has manufactured Goodyear-branded farm tyres since 2005, when it acquired Goodyear's North American farm tyre business. It has gradually expanded these rights to other regions, including Latin America, Europe, the Middle East, Africa, Russia, and Australia.
- CEAT
- Arnab Banerjee
- Kumar Subbiah
CEAT Commits Around INR 10 Bln In FY26 Capex,
- by Sharad Matade
- May 02, 2025

Targets International Expansion With Robust Fy25 Performance
CEAT Ltd, the RPG Group’s flagship tyre company, reported a capital outlay of INR 9–10 billion for FY2025–26, keeping with its capacity expansion strategy and global integration. This follows a strong FY25 performance of record revenues and double-digit growth across segments despite headwinds in overseas markets.
The business ended FY25 with consolidated revenue of INR 132.18 billion, up 10.6 percent year on year, and Q4 revenue at INR34.21 billion, up 14.3 percent compared to the corresponding quarter previous year. The standalone full-year EBITDA was INR 15 billion, and the Q4 operating margins improved by more than 100 basis points sequentially at 11.5 percent.
"We incurred capex of INR 9.46 billion in FY25 and expect a similar investment of INR 9–1.0 billion in FY26," said Kumar Subbiah, Chief Financial Officer of CEAT. “Our focus will remain on expanding capacities, particularly at the Ambarnath and Chennai facilities, and funding the integration of the recently acquired Camso compact construction business.”
In FY25, CEAT depreciated assets amounting to INR11.40 billion. Much of its FY26 capex will also fund equipment modernisation and normal maintenance at its Sri Lankan operations under Camso, putting a cost estimate of INR1-1.25 billion a year over the next two years.
The Camso acquisition, which is effective from Q2 FY26, is likely to significantly enhance CEAT's global presence. "Integration work has started in full acceleration," said Arnab Banerjee, Managing Director and CEO. “Initial focus will be on customer retention and business continuity, with consolidation expected to double Camso’s current capacity utilisation over the medium term.”
Despite international uncertainties, CEAT renewed its medium-term global growth forecast. Exports are expected to form 25–26 percent of the revenue post-Camso integration. Turbulence still exists in Latin America and North America due to tariff policies and exchange rate weakness. CEAT, however, has reported consistent performance in Europe, the Middle East, and Southeast Asia.
CEAT also indicated a likely raw material cost stabilisation in Q1 FY26, potentially softening by Q2, to support its margin growth initiatives. The gross margin was 37.5 percent in Q4 FY25, and the target was above 40 percent in the near term.
Banerjee signaled ongoing activity in electrification, premiumisation, and digitalisation. "With our technology outlays and new product introductions, we are hopeful of sustaining 20–25 percent market share in electric vehicle segments," he asserted.
The debt levels of the company are under control. The gross debt as of 31 March 2025 was INR 19.28 billion with a debt-to-EBITDA ratio of 1.3x and debt-to-equity ratio of 0.44x. Subbiah added that CEAT's strong cash generation will allow it to finance both organic and inorganic growth without materially diluting leverage metrics.
- Black Swan Graphene
- Corporate Appointments
- Jobin George
Black Swan Graphene Appoints Jobin George As Technical Sales Manager (EMEA)
- by TT News
- April 30, 2025

Black Swan Graphene Inc. (Black Swan) has appointed Jobin George as Technical Sales Manager for the Europe, Middle East and Africa (EMEA) region with immediate effect. This significant move, which supports Black Swan's worldwide commercial team as it promotes adoption of its graphene-enhanced products, follows Dan Roadcap’s appointment as Head of Technical Sales and Business Development.
George has an MBA from ICFAI University in India, a Post Graduate Diploma from the Central Institute of Petrochemical Engineering and Technology in India and a Bachelor of Science in Chemistry from Mahatma Gandhi University, India. He brings with him more than 20 years of global expertise in project management, business development and technical sales. George has had positions at Sands International Plastics and Sojitz Corporation in the United Arab Emirates, as well as Aquapak Polymers and H-Pack Global Ltd.
Simon Marcotte, President and Chief Executive Officer, Black Swan Graphene, said, “The addition of Jobin to our commercial team marks another important milestone in our global expansion strategy. His international experience, particularly in the EMEA region, and his proven ability to translate technical capability into commercial success make him an ideal fit as we continue scaling our graphene business.”
George said, “Black Swan is positioned at the forefront of advanced materials innovation. The opportunity to contribute to the adoption of such a transformative technology across the EMEA region is tremendously exciting. I look forward to engaging with our existing customers and partners, along with exploring opportunities for new clients as well, to showcase the performance and value of Black Swan’s graphene solutions.”
- Tire Recycling Foundation
- TRF
- U.S. Tire Manufacturers Association
- USTMA
- Tire Industry Association
- TIA
- End Of Life Tyres
- ELT
Stephanie Mull Appointed As TRF Executive Director
- by TT News
- April 30, 2025

The Tire Recycling Foundation (TRF), a joint initiative led by the U.S. Tire Manufacturers Association (USTMA) and the Tire Industry Association (TIA), has appointed Stephanie Mull as its Executive Director.
Mull will spearhead the organisation's initiatives to promote innovation and invest in the circular tyre economy, expand the market for end-of-life tyres and support studies to fill in the gaps in the sustainability and tyre recycling supply chain in her new role at TRF. Mull brings a wealth of experience in the sustainability field and a broad understanding of fleet management and decarbonisation, including converting fleets to electric and alternative fuel vehicles. In her role as PepsiCo's Sustainability Senior Manager, she oversaw major electrification projects, obtained grant money and spearheaded efforts to lower Scope 1 and Scope 2 emissions throughout Pepsi and Frito-Lay's North American fleets. Mull oversaw the local government's efforts to upgrade municipal vehicles to greener technology and volunteered to help the Red Cross electrify its fleet.
Anne Forristall Luke, TRF Board President, said, “Stephanie Mull brings the passion, in-depth expertise and history of excellence that will drive TRF and its partners to achieve critical tyre recycling and reclamation milestones. We are thrilled to have her join the Foundation as we advance tyre sustainability while tackling the challenges and opportunities ahead.”
Mull said, “I’m honoured to join the Tire Recycling Foundation and support its sustainability mission to achieve 100 percent end-of-life tyre circularity. TRF is a vital nexus of expertise and leadership, and I look forward to working with all stakeholders in developing tyre recycling solutions that pave the way for a more sustainable future.”
The Tire Recycling Foundation is dedicated to achieving 100 percent circularity for end-of-life tires by advancing innovation, building partnerships and supporting scalable recycling and reclamation solutions. Consisting of 15 global industry leaders with expertise in the manufacturing, recycling and transportation industries, TRF’s Board primarily focuses on the acceleration and adoption of emerging end-of-life tyre market technologies like rubber-modified asphalt (RMA).
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