00:00
Enterprise value equals market capitalization plus total debt.
00:04
Pricing equals risk-free rate plus beta time equals percentage of equity times cost of equity
00:10
plus percentage of debt times cost of debt. Not intimidated? Good. The sharpest minds
00:17
succeed with London Business School's finance courses ranked in the top five by the financial
00:23
times. Find out which of our world-class finance courses are right for you by searching LBS Finance
00:29
today. Total football is about teamwork. It's built on trust, support and responsibility.
00:36
Livescore bet sees responsible gambling in the same way. So if you're under the
00:41
cosh, it's time to slow the tempo down. We've got tips and advice on how to stay in total
00:47
control of your betting. Visit the safer gambling section of livescorebet.com to learn more.
00:53
Livescore bet, total betting. Bet responsibly 18 plus gambling.org.
01:04
Hello and welcome to the Fast and the Curious. This is Greg James alongside Betty Glover
01:11
and Christian Hugill. This is the Formula One podcast that speaks to the biggest names in the
01:15
sport. They are fast and we are curious. And while not taking this mad sport too seriously,
01:23
we love it dearly. We've already spoken to Max Verstappen, Isaac Hager,
01:28
Arvid Lindblad and the world champion Lando Norris. Also Oscar Piazza in Oli Bearman
01:32
in the preseason. But now we must all unite together because we are back. The season is
01:38
nearly back. They're doing testing and things. Guys, it's so nice to see you both.
01:44
We are, we are fully back for the season now. This is it. I don't know why but I'm
01:50
curious. Got me. What about you? I don't know. I find it so funny.
01:55
No, funny. I'm funny at funny. It's just the way you delivered it. It's just what I wasn't
02:00
expecting it. Seriously, I'm a serious broadcaster. Oh god. Hello guys. Lovely to see you both.
02:07
Look, we're going to have a great season. I can feel it. The fast and the curious is firing on
02:13
all its engines, all three of them. All three engines. We're fully charged. We've had engine
02:20
upgrades over the winter. More on that in the coming weeks. So coming up, we're going to do
02:26
a debrief on the testing. We're going to give you our season predictions. We're looking at who's
02:31
looking good and who isn't. And Christian has a new way of ordering the teams that he promises
02:37
is absolute genius. I'm excited. No, we'll be the judges better than that. It's very good. I would
02:44
like to firstly speak to Betty Glover. So Sophie and Sarah and Laura and Mara and so many Betty
02:55
Glover Ultras, as we call them, and we included have been very, very excited that you've been
03:01
diving into the Formula One world in a whole new way, in a very deep way. Can you tell us
03:07
what you've been up to, Betty? Yeah, how wild. So I have joined the Formula One TV, well, the F1,
03:15
I don't know why I called it Formula One, the F1 TV team. I get that right for start. I nail that
03:21
sooner rather than later. No, carry on. Oh god. By the way, I am really tired. So if I say anything
03:30
stupid, then that is why. That is my excuse out there. But yes, so I joined the F1 TV team. I was
03:36
in Bahrain presenting their testing because Laura Winter, who usually is their lead presenter, has
03:41
had a baby. So congratulations to her. So yeah, I've sort of been doing that, which has been pretty
03:47
wild because I've never been to testing before. But also, I've only done Silverstone with you guys,
03:54
which is a very different experience to sort of being like in it and amongst it. But yeah,
04:00
it was a bit nerve-wracking, but very exciting. I bet. And all the reports were glowing. I saw you
04:07
pop up on F1 Twitter and on threads, because I look at threads every now and then, and there are
04:15
people who are like, fans of the Fast and the Queer is going, go on, Betty, go on, do the testing
04:19
on F1 TV. So give us some insight into the paddock and the pit lane and all the rest of it. What
04:26
did you take from it? What did you learn from the mad world of testing? Well, you say I had a
04:32
lot of good comments, and I did. And thank you to everybody for sending me some really nice comments.
04:37
But I did also get some not very nice ones, which made me laugh a lot. One of which said,
04:42
this presenter has no charisma and is as overweight as the Aston Martin.
04:50
I was just like, oh, I'm sorry. We're on in there, aren't we?
04:56
I'm glad you got that. That was from one of my burner accounts.
05:00
Greg James, one, two, three. And I felt like we're applying.
05:03
James Gregson. They'll never know. Hey, Betty, look, as your as your friend and team principal,
05:11
I'm just going to say this, that guy. No, it's funny, though. I thought 10 out of 10 for creativity,
05:17
but also I felt like replying being like, mate, Williams is the one that's overweight,
05:21
nice to Martin. Do you know what I mean? Like, get it right. You're big into, we've told this
05:25
said this before, you are, you're, you're big into your high rocks. Your lean is anything like a
05:29
I like chocolate as well. Don't I guys? But no, it was really cool. It was,
05:35
it was really good to see it. Everyone's very chilled with testing Christian knows this because
05:39
he's done it. He's been there and it's just so different to a Grand Prix. So you've just got
05:44
everyone walking around just like talking to each other. Like you walk past the driver and they'll
05:48
they'll say hello. Whereas like on a Grand Prix weekend, it's sort of, you know, the pressure's
05:54
on, isn't it? It's very different environment. So that was really cool to see. And there's barely
05:58
anyone there. So it's basically the paddock's pretty much empty. So it's a bit strange. But it's
06:05
also, I would just, somebody described it like this to me and I thought that is bang on. It is
06:09
basically like being in an episode of the traitors because you don't know who to trust.
06:16
Everyone's just sort of like, you know, like, oh yeah, we're not as fast as Mercedes. Do you
06:21
know what I mean? Like everyone's sort of like lying. You're not quite sure what the truth is.
06:26
So it's a bit like that, I'd say. Well, it's nice to have you back. And the Fast and the Curious
06:30
is now the home of Betty Glover, which we're going to put into a big advertising campaign
06:34
just to get all those F1 fans that don't know about us in. I want one of those things that,
06:39
you know, like used car sales places in America that blow up like on Better Call Saul and they
06:46
go like, I want one of those of Betty Glover, I think. I don't know, that's unreasonable, personally.
06:53
Shall we get on to 2026? Because we've been talking about 2026,
06:57
since we found out about the rule change, which was coming in 2026 and everyone,
07:01
all the chat last year was, oh, it's going to be interesting to have interesting to what
07:05
happens in 2026. Can you let this year finish first, please? I'm sorry about that.
07:12
Honestly, no, but no, I don't mean you. People were lining up in Melbourne,
07:16
the first race of the season, and it was like, you can't wait for 2026. Can you not wish your
07:20
lives away, please? So what do you think about 2026, finally? I would like to direct this to
07:28
Christian Hugel, please. Or as I heard someone say the other day, Hugel.
07:35
Yeah, various people can't pronounce my name. That was a thing when I used to read the news.
07:39
It's two o'clock. Let's get the news from Christian Hugel, pardon me. But for me,
07:45
Hugel in the same way that you say Bugle is funny, but it's not that. It's Hugel.
07:52
So 45 seconds. What's new for 2026? Go. Cadillac are a brand new team. Audi have taken over Sal,
08:00
but the engines have changed. So the motor generator unit that recovered power through the heat,
08:05
that's gone. It was called the MGUH. That's gone. The MGUK, the bit of the engine that recovers power
08:12
from things like breaking, we call it kinetic energy. That's bigger, so there is a bigger
08:16
reliance on battery power. On the engine side of things, Honda have gone to Aston Martin, Ford
08:20
have come in to help Red Bull. Alpina are buying Mercedes engines, not bothering to make their
08:25
own. Audi are making their own. Cadillac are using a Ferrari one for now until they make their own.
08:29
The fuels, the team have to run fully sustainable fuel. They have to make them themselves. There's
08:33
a bit of confusion over that, whether they'll all have them ready for Australia. Let's find out.
08:37
The car's a little bit smaller. DRS is dead replaced by a boost mode where the wings flap
08:41
about even more than possibly if your Ferrari do a full loop and the driver's red bull have dropped.
08:45
Yuuki Isaacs replaced him at Red Bull. Arvid Imblad is in at racing bulls and the old boys
08:50
are back at Cadillac, Paris and Bottas. Oh, that was amazing. Thank you. Wow. That's basically
08:56
everything that's changed. What I'd like to say after that in response to that is MGUK, hun.
09:04
Did I get that right? The MGUH has gone. The MGUK is bigger. If I got that wrong,
09:10
I was speaking quickly, but yeah, MGUK, hun is great. Let's have that. MGUK, hun.
09:15
My favorite bit was Greg's face when you were going through the engine bit and he was just like,
09:20
he looked like he was melting. Yeah, more battery-ish. That's what you need to know. It's fine.
09:24
It is interesting. Let's just dig back on that quickly. So, Honda engines have gone to Aston
09:30
Martin. Yeah, exclusively. Ford doing the Red Bulls, helping for now. They'll maybe do it all in
09:37
the future, but it's Red Bull powertrains assisted by Ford. Alpina buying the Mercedes engines.
09:41
Yeah, the Renault don't make engines anymore. Yeah. I don't know because they make great engines.
09:46
Cadillac using a Ferrari one. Yeah. All right. There you go. Okay, we'll be back after the Australian
09:52
Grand Prix. I appreciate your preview. Okay, so you've been in amongst it all, Betty.
10:02
Yeah. Some of the drivers after testing were saying that they
10:07
love the new cars. Some saying that they hate the new cars. Some people panicking, saying that
10:11
they've broken the sport. The truth is often somewhere in the middle of the madness. Yeah.
10:16
But what do we think? What do you think? Well, I thought it was really interesting because going
10:22
into the second week of testing in Bahrain, there were quite a few sort of journalists and people
10:27
in the paddock that were feeling a bit like, oh, don't know how to feel about this season.
10:33
Like, is this a bit worrying? Because obviously Max Verstappen was quite scathing about the cars.
10:38
Among others, Fernando Alonso, Lewis Hamilton said a few negative things as well. So I think people
10:44
were thinking, oh, no, like, what is this going to be like? But by the end of that second week,
10:51
everyone was a lot more chill because I think basically I think it's going to be fine, everybody.
10:57
I think it's going to be okay. And Anthony Davidson said, who was one of the pundits on Sky,
11:04
said, I thought it was really good what he said because he was getting a few messages in and
11:08
people were like, can you explain these rules? It's so complex. I don't understand. And he was like,
11:12
look, if you can't get your head around it like straight away because there's a lot going on,
11:17
just sit back and enjoy the racing because ultimately it's still going to be racing.
11:21
And so I think everyone was more positive towards the end of the second week. And that is my honest
11:28
sort of reflection and feedback on it. Everybody was positive. Bar Aston Martin.
11:35
It's a great point from Anthony Davidson because I mean, really, this is proper in the weeds stuff,
11:43
isn't it? And that's great if you love the weeds. And look, we love the weeds, but more than anything,
11:47
we like fast cars. And at the end of the day, it's cars. And there's still cars,
11:54
and they're still being driven by some very talented people and being made by some very
11:58
talented people. So that's a really good point from him because actually, who could any, could
12:04
the majority of F1 fans tell you the exact rules of the last rule change?
12:08
You just, you just, I know, no, I know, they could, I know they could, I know they could,
12:13
but I'm just saying, when it all plays out, you just go, Oh, I'm enjoying this. And maybe
12:18
it's a bit like when people say, Oh, I started reading that book, sort of 10 pages in, I just
12:24
didn't understand it. Okay, maybe keep reading the book. And then all those questions will be
12:30
answered. And it's the same with people watching a film again. Who's that now? What are they doing
12:34
here? Maybe watch the film because someone's probably thought of the plot. And they've gone,
12:40
I'm just, they're just going to seed some things. So maybe just keep watching. And then we'll all
12:43
learn together. That's like watching a film with my mom, like it is actually unbearable.
12:48
Like that is exactly what she does, like five minutes in, she's like, what are they doing?
12:51
Who's that? What's his name? My, my mom and dad always, and it was always the same now,
12:56
but even when we were living in the same house, it would always be watching something, a film,
13:01
and they go, what's he been in? Oh, I'm sure he was in, he was in the bill.
13:09
I find myself doing that as I get older as well. Slowly turning into my dad's. Yeah,
13:15
mom, yeah. I swear he was in Game of Thrones. Yeah, they're actors. That's my job. That's it.
13:23
That's me. I see me, I think. Sorry. I like that. I like Nana Hugo.
13:28
Nana Hugo is doing that already. 34. It's not good. It's not, that's not good. Christian,
13:33
you need to get, you need to get a handle on that, mate. Yeah, look, Christian, here's a question
13:37
for you. With the, with the rule change, do we think we're all getting our collective knickers
13:42
in a twist or is it all going to be fine? It's, it's going to be fine. Historically speaking,
13:47
I mean, I was on the ground for the first race of the last rule change, 2022 Bahrain Grand Prix.
13:55
And there was a lot of where we've all, we've ruined it. It wasn't as big as this because
14:01
this is the biggest load of changes to come in in modern Formula One history. So it's a lot to
14:09
get your head round. There is always an element of this, but to, but Anthony Davidson's point
14:14
is undoubtedly true. I think actually it could create some really interesting entertainment
14:19
in Australia as it shakes out, but also F1 is ran by bright people. The teams are bright.
14:27
Greg, forgive me. I'm just going to jump ahead. For example, I know Richard has asked us on
14:31
Instagram, will the season be decided on who can harvest energy best in the battery rather
14:36
than outright pace? Nobody wants a series where it is who can charge the battery the best they
14:42
want to go racing. So even if it did look a bit like that early days, things would change very
14:49
quickly. I don't think that will be the case. I think it will be fine. But that's the thing.
14:54
Even people, people are bright. People are going, no, this clearly isn't right. We can adjust. We
14:58
can tweak as we go along. So no, it will all be fine. There is always an element of this because
15:02
these rules are so big. There's been more of it this time around, but my answer would be relax.
15:07
And if there is a bit of chaos, enjoy that because a bit of chaos and a bit of drama and a bit of
15:12
infighting is part of the reason I say this all the time. We love Formula 1. So just enjoy it.
15:16
It'd be very funny, wouldn't it, if that was the actual rule change. Guys, for 2026, it's who can
15:23
harvest energy the best. That's it. And at the end of 10 races, Alpine have harvested the best.
15:31
The Gerva Cell Championships. But it is going to be fine anyway because
15:38
it just will be. The story is the story. But can I just ask one other thing so I bet I know you
15:44
want to ask a question. But just on Christian's point, why have they changed so many rules?
15:51
Why have they taken this assumed risk? Yes, it's a great question, worth explaining. The first
15:58
thing is Formula 1 periodically changes its rules every four or five years. There's a number of
16:02
reasons for that. The first is to keep it relevant. So Formula 1 and technology in Formula 1 always
16:10
has to be some way relevant to the real world. You want F1 to be this mad superstar sport,
16:15
but these car manufacturers want the technology to filter down into the cars that they sell and
16:21
you make adjustments to keep it relevant to the real world. An example of that is the way the world
16:25
has gone is there is a bigger reliance on battery power in engines. That has what is what has kept
16:31
Honda in the sport and ties the likes of Audi and that's why F1 has gone this direction to attract
16:36
these big name manufacturers. But also, away from the real world relevance and back purely to the
16:41
sporting side of things, it also just keeps things fresh. You don't want the sport to get stale. So
16:50
rule changes have always happened and a lot of this is in response to criticism. The active
16:56
aero, for example, and the cars getting a bit smaller, the cars did get too big. The overtaking
17:02
was still in the old generation of cars seen as too difficult. Now, whether or not this will
17:05
work, we don't know, but the cars have got a bit smaller. The aerodynamics have changed to have
17:10
the new boost mode in the hope that overtaking will be better, you know, boost in the battery in
17:14
the hope that overtaking will be better. It's a summary of to keep the sport real world relevant
17:18
and to keep improving the show. The one thing as well that I really notice when I saw these cars
17:24
in person is just how different they look, like they really look so different. Christian, when
17:29
you go to Melbourne, you'll be like, oh, wow, like that's even, they just look so much more
17:35
different than you sort of think just by looking at photos. In what way? Just like a lot smaller.
17:41
The wheels are smaller, the tyres are smaller. Yeah, they just look more sort of, I guess,
17:47
like, you know, old, it's nicer. I think they look nicer and a lot of them. They look a bit
17:54
racier and a little bit more compact. A lot of the, like, former racing drivers and whatever
17:59
were like, oh, yeah, they look good. That's nice. I mean, I just suddenly worried about all those
18:05
old Pirelli's that have been wasted that are too big now. Would you like to know a little facts?
18:11
A lot of Formula One tyres are melted down and genuinely a lot end up as, for things like kids
18:18
play areas where the you have like a bouncy material to stop kids falling over and grazing
18:23
their knees and things. So pretty every single Formula One tyre is recycled in some way, shape,
18:28
or form. At the end of each race weekend, Pirelli gather them all up. They all get recycled. Not a
18:33
single F1 tyre goes to waste. That's good. Thanks to our friends at Pirelli for that. It feels like
18:41
you're on a little backhander from my friends at Pirelli. If Mario is solo, the boss of Pirelli
18:46
would like to pay me for that. Then I'm happy to take payment for it. But no, I just picked that up.
18:52
I'd like you to pay Christian in old tyres, please. Yeah. I've got a big collection over there.
19:03
It's his new kitchen table, actually. Well, we'll take a quick break in a second. One,
19:08
one, actually, you know, we'll save it. But my main question is, and we can roll this into the
19:11
next bit, which I think, Christian, you're going to tackle, which is where does this leave the
19:15
teams? But I wondered whether, just as you were talking about these rules changing all the time,
19:21
the newer drivers, the rookies, or the rookies of last season, at least, and the new ones for
19:26
this season, will they be in a better position because they don't know much different? I wonder
19:33
if that's to be taken into consideration. Let me take that question and roll Roxy's into it.
19:38
Roxy on Instagram asks, how much is driving these cars changed for the drivers? It is a different
19:43
driving style. One of the things that's being talked about is they're a bit less grippy,
19:49
for example. So they feel a bit faster in some areas because of the electrical boost,
19:54
but maybe mid-corner, they're a bit less grippy. So there's two ways of looking at that. Will people
19:59
like Arvid Lindblad, who was new this year, and as you say, Greg, the rookies of last year, have
20:04
they got less to unlearn and therefore it is better for them? Well, maybe. Or do drivers who
20:12
didn't particularly get on with the last generation of car, for example, people, it's often said people
20:17
like Lewis Hamilton prefer a car that you can slam on the brakes a little bit later, will they enjoy
20:22
this generation of car? To be honest, Greg, to answer your question, Formula One drivers have
20:29
changed category so much as they've gone through their racing career. Part of the reason why they're
20:35
so damn good is they tend to be able to adapt to new things very quickly. So I wouldn't suggest
20:40
it would be a bigger advantage just for the new kids as opposed to the ones who've been older.
20:45
But to Roxy's point, Roxy's question from Instagram, it is a change and we will see
20:52
who thrives to this new change and who struggles a little bit and maybe it'll suit some driving
20:58
styles better than others. Maybe some drivers will be better at adapting. It is a different
21:02
challenge to drive these cars because they handle differently, the engines behave differently,
21:07
they're smaller, they will feel different to drive just like when you and I get into a different
21:12
road car and go, oh, this feels a bit different to my car. The brakes don't feel quite the same.
21:16
The acceleration is all this stuff to get used to. It is a fundamentally more dramatised version
21:21
of that when you're racing cars. We'll be back in a second. Quick break and we need to look ahead
21:26
and see what the teams are feeling like for 2026. That is next.
21:36
Enterprise value equals market capitalisation plus total debt.
21:41
Equals risk free rate plus beta time equals percentage of equity times cost of equity plus
21:48
percentage of debt times cost of debt. Not intimidated. Good. The sharpest minds succeed
21:55
with London Business School's finance courses ranked in the top five by the financial times.
22:00
Find out which of our world-class finance courses are right for you by searching LBS finance today.
22:07
Total football is about teamwork. It's built on trust, support and responsibility.
22:13
Life's got bets. He's responsible gambling in the same way.
22:17
So if you're under the cosh, it's time to slow the tempo down.
22:21
We've got tips and advice on how to stay in total control of your betting.
22:25
Visit the safer gambling section of livescorebet.com to learn more.
22:30
Livescore bet, total betting. Bet responsibly 18 plus gambleaware.org.
22:37
300 years of expertise in every twining sleep blend. 100 hours of craft in every cup.
22:47
Eight natural ingredients in every sip. One night of winding down in every drop.
22:55
Your moment of serenity brought to you by twining sleep. Twilings. Alive in every drop.
23:07
This is James O'Ford from Shits and Geeks and we're currently sponsored by TUI.
23:10
So we love going on holiday together, love travelling and new experiences,
23:13
but we can't always agree on where to go. But that's okay as this is where TUI comes in.
23:18
With TUI, there's more options and more choice with hundreds of destinations worldwide.
23:23
So whatever first you want to mark, whether it's your first time away with your mates
23:27
or the first time doing something new on holiday, we've chatted about trying jet skiing
23:31
and trying to catch some live sports. TUI has the answer.
23:34
TUI, you pick it, they saw it. Booking T's and C's apply, AtoL and Apto are protected.
23:43
Welcome back to the Fast and the Curious and our 2026 pre-season preview. Guys,
23:47
I've had a brilliant idea, right? No, no, no, it's really good. Often,
23:51
often on pre-season previews, you can get bogged down and like, let's go through each individual
23:57
team one by one and it can be a bit dull and you can spend ages on each team and the pre-season
24:02
preview ends up in three hours long. We've all got lives to lead. I don't want to do that.
24:05
So I've had an idea and it's a good one. I was watching and this is the only Formula
24:11
One podcast, I think that will say this on the pre-season preview. I've been watching
24:14
RuPaul's Drag Race recently and there's like Formula One teams, there's a lot of drag queens,
24:21
right? And RuPaul, wonderful person, has to at the end of each episode organize the queens
24:28
depending on how well they've done in that week. I'm going to take this for pre-season testing.
24:33
So I would like to arrange the teams in RuPaul style into who's safe and who are the tops
24:40
and who are the bottoms, okay? Oh, okay, yeah. Good idea, yeah. Yeah, great idea.
24:46
Betty, you were on the ground. Can you help me with the bottoms to start with? Yes.
24:50
Okay, great, great, serious Formula One podcast. Please stop giggling. It's a serious podcast.
24:54
Right, right. Betty, if we're going to sort of get the bottoms, let's say the three, right?
25:01
Okay, the three at the bottom. I think I have an answer for this. In terms of who's the slowest,
25:07
it seems to be between obviously Cadillac of the new team. We thought Cadillac would be slowest.
25:14
Can Aston Martin, Betty Glover, be the slowest team? Even slower than Cadillac have literally
25:19
just started because that would be bloody major, wouldn't it? I think that's the sense, yes. And
25:25
I think they probably would be, I think they're rock bottom. I think they're rock bottom guys.
25:30
I think Aston Martin are in a world of pain. The one thing that I think everyone is also
25:37
trying to stress though is that Adrian Newey will get this team into a better place,
25:43
but it will take time. But at the moment, it is not going very well at all. And they just
25:49
didn't get the mileage in. For those new to Formula One, Adrian Newey is this super designer
25:55
who has had success wherever he's gone. He left Red Bull. He signed to Aston Martin to all this
26:01
spectacular fanfare. But crucially, he was only able to start working on the 2026 car in March of
26:08
2025. That is actually quite late in the grand scheme of things. But I think watching from afar,
26:15
they seemed quite shocked as to just how bad it was. I think they thought they would take a while
26:19
to get going because they were having to go at things later than they thought they would,
26:25
as I say, because Adrian's only sort of only arrived fairly late on in the process. But poor
26:30
of Fernando Alonso, who is now, you know, 68 now, I believe, and he is still waiting for this ever,
26:38
this promise of a better car, it would be unbelievable if they came out of the blocks
26:46
and were slower than a brand new team. Because I was saying that if Cadillac come in and even
26:50
three seconds adrift of the team in front of them, a second adrift of the team in front of them,
26:54
they'll have done well. So if they're actually quicker than someone, that's bloody major.
26:59
Yeah, Cadillac's sort of aim was always sort of like 2029, wasn't it? So they were never going to be
27:04
sort of coming into this season and being like, you know, look at us, we're going to be great.
27:08
Aston Martin, they've just, they have got massive issues, reliability is not very good.
27:14
They had one battery left on the last day, so they could only go out on short stints. So they just,
27:21
they haven't been able to get the mileage in. It's a nightmare. It is a nightmare.
27:26
It's a real shame, isn't it? Because you want these big, powerful legacy teams to be competing.
27:34
And also, I mean, I don't, it's not that I even have care about their business,
27:39
but it's bad for their business. Their thing is prestige, successful, brilliant elite cars.
27:47
That's why people compete in F1, yeah. Yeah, but it's James Bond, Aston Martin.
27:53
You know, it's got such a, it's like Ferrari. It's as well thought of almost as, you know,
27:58
it's Ferrari Aston Porsche. It's that those sorts of things. It's, it's, it's kind of,
28:04
it's kind of bleak. I don't like, I don't enjoy that. No, why has it, why has it all gone up?
28:11
I think partly they may have, I got the impression from listening to Adrian Newey on a couple of
28:20
non televised things I saw him on last year as well. I got the impression he'd slightly
28:25
underestimated the size of the task going in to turn around this oil tanker of a team that has
28:30
been underperforming for a long time. This team has been in Formula One for a long time. Aston
28:35
Martin has not been in the sport in the grand scheme of things that long, but this team has,
28:40
and it's had a, you know, turbulent history. I think Adrian has realized he's got a big,
28:46
big job to turn it around. As Betty says, I think he will, but it's going to take longer.
28:51
And I also think maybe there's a bit of an underestimation of starting in March. Actually,
28:56
you're on the back foot. People have been looking at this for, you know, way longer than March of
29:01
last year. So, and Betty mentioned, they only had one battery at the end to, you know, to do
29:08
short runs with at the end. The thing is with Cadillac is they got miles in and at this stage,
29:13
that's just important. Ignore lap times. You're looking for the teams in testing have gone out
29:17
and bashed miles in. They've bashed and bashed and bashed miles in. So, Aston could be 11th,
29:22
Cadillac could be 10th. Unfortunately, tragically, sadly, worryingly, depressingly, awfully,
29:30
all of the Lee Williams could be ninth. We love Williams on this podcast, but, you know, they
29:37
didn't make testing in Barcelona. Betty, how do you think they got on in, in Bahrain when they
29:45
were there? Look, they got out. They did get good mileage in, particularly on that first week of
29:50
testing. Can we, give me, give me glimmer, give me glimmer of hope for your albons of this world,
29:57
for your signs of this world, for this James Valls of this world. Don't let me down. Give me glimmers
30:00
of help. Help. Well, I spoke to James Valls on like the Thursday of the second week, and he was
30:09
quite positive. He was not a negative man. He wasn't talking to me like he, you know, is sort of
30:16
crying himself to sleep every night at all. He was fairly positive about things. I think they've
30:20
had an awful start in terms of, you know, they missed Barcelona and stuff. But I think, I just
30:27
got an impression it's okay. But then, you know, like I said, it's like the traitors out there.
30:32
You're talking to somebody and you just don't really know how much of the truth you're getting or
30:37
how much they're hiding certain things. The issue, I think, with Williams is that they're just very
30:42
overweight, so they've got to sort the weight out, basically. Listen, and it was me after Christmas,
30:47
right? I had a busy December. A lot of travel went to Vegas, went to Abu Dhabi, back to back, ate a
30:53
lot over Christmas, then went on holiday, and I came into the new season overweight, and I've cut
30:58
my calories down, and I am having to work on that. The thing is, though, I'm making progress, and it's
31:03
for that reason that I believe Williams will also make progress. Lizzie asks, how can Williams catch
31:07
it with the rest of the pack? I think they will. I don't necessarily think it's going to be a season
31:13
to hit the highs of last year where they were best of the rest, but don't forget they're looking at
31:17
this long term. Yes, they put a lot of emphasis into 2026, but that means 2026 and beyond. It means
31:23
the capability within this rule set of being able to push for podiums. That's not necessarily going
31:28
to happen in 2026. Actually, if it is just an issue of weight, I think you will see, and Greg,
31:36
I mean this across the season for everyone, I think rate of development mid-season is going to be
31:41
huge. I think your running order of the teams in Australia could look vastly different by Abu Dhabi,
31:49
so I think mid-season development Williams could potentially grab some of, to use one of Greg's
31:54
favourite catchphrases, grab some of the low-hanging fruit. I think they could do that in the early
31:59
part of the season and catch up. Yes, and one thing that James Viles also said is that in this season,
32:06
depending on which race you're at, different teams are going to be able to thrive. It might not be
32:12
like you've got a consistent team that is just constantly smashing it on every track. It might
32:24
be devastated. It's pullbackable. Is that a word? Greg, you're an author. What do I mean?
32:31
Yes, I understand what you mean. Thank you. That's good. I like making up words. Pullbackable
32:37
is great. And sorry, I was distracted because I was just eating some low-hanging fruit. It is delicious.
32:47
Low-hanging fruit is delicious and easy to pick. Just fill your boots or your basket or whatever.
32:52
So, we're saying Williams at nine. Audi? Is that what you're saying next?
32:57
I've been impressed by Audi's pre-season. Again, go back to the end of 2025. A lot of talk in the
33:02
paddock of, it's going to be a big old shift for us. Audi taking over Sauber. We're looking at this
33:09
long-term. Audi want to win the championship, right? Greg, you talk about these big car brands.
33:13
Audi are saying, we're coming in to win, right? We're not coming in to be a mid-table team. They
33:16
are massively ambitious with this. They've basically got two great team principals in Jonathan
33:21
Wheatley and Matteo Venotto. That role is split across the two. Greg, you had a bit of a chat with
33:26
Jonathan Wheatley at the Autospore Awards, didn't you? I'm here to tell you that I am now best friends
33:31
with Jonathan Wheatley. Yeah. He looks cool. Out of all the team principals, you've watched him
33:37
walk down that paddock and you're like, yeah, you're cool. Yeah, he is. He is quite cool. He is also a
33:42
very, very nice, interesting, funny man who is completely obsessed with cars. He only has Audi's
33:48
wink-wink. He's got an amazing old Porsche, but he's very, very much under the bus thing.
33:55
No, which we talked about. We were nerding out about beautiful cars and stuff, but he,
34:02
and sort of like, my heart was bleeding because he was like, I just don't have enough room
34:05
to park all these cars in Switzerland. It's nice. Lovely bloke. And I really, he was so busy.
34:13
This was in January at the Autospore Awards and he was just, every single day, he was in a different
34:20
country flying around doing the livery thing, doing the meeting, the sponsors chatting to
34:24
whoever, meeting up with the drivers, whatever it was. That job is demanding and he's also a bit
34:30
like you were saying with Adrian Newey, just going, oh, this is, yeah, it's fun, but my God,
34:36
there's so much to do. But I think they are further up than perhaps they expected to be. Again,
34:42
got good mileage in testing. Again, it looked pretty reliable. Do you think for a brand new
34:47
engine, I was sort of expecting it to be breaking down all the time. I think they're further ahead
34:51
than they possibly expected to be at this stage of testing. Can I, can I just make an annoying
34:55
point? You know, like people on Grand National Day where they pick a colour. I think it might be
35:00
the best looking Formula One car. Yeah, yeah. Okay, so Greg, this is what I was going to say to you.
35:05
You are going to love Audi. Like this is going to be your team, mainly because it looks great,
35:12
looks slick, but also it is the loudest by a long shot. Like you hear that Audi and you're like,
35:18
oh my God. It's the loudiest. It's the loudiest. I think you're going to absolutely love it.
35:24
Apparently, sorry, Christian, apparently Jonathan Wheatley sort of heard the Audi and was like,
35:30
oh my God, these cars are going to sound great. Then heard all of the others and were like,
35:34
oh, well, our car sounds great. Yeah, well, he's a proper, he's a proper petrol head,
35:39
is Jonathan Wheatley. So that's cool. So Audi that. Does that mean floating around the middle
35:44
then? We've got, we've got your racing bulls, you've got your Alpenes, you've got your Hasses.
35:48
Okay. And with any of you want to mention there, what's going on there? Let's put these as safe.
35:52
We've done the bottoms. Let's put these as safe. Haas got the second most mileage in of anyone
35:57
in preseason testing. Brilliant. I was really impressed with Haas. Some people saying that
36:02
they might be the sort of Williams role of best of the rest. It was also quite a boring test
36:06
for Haas. I was looking at them day after day and there's not much to report. That's brilliant.
36:10
That's what you want. They've a small team, small budget. I think Haas might be some underdog status
36:15
here and actually credit to Alpine, who nobody seems to be putting in the bottoms. And last year,
36:22
they were absolutely s***. Last year, they had an awful season. And that team, legacy team,
36:29
the F1, the instant team should not be coming last in the constructors championship. It really
36:33
appears that they've got the s*** together a little bit. Buying Mercedes engines was controversial
36:37
because, you know, Wayne should make your own engines. Well, McLean approved you don't really
36:40
need to. That seems a logical move. It seems like Alpine are not as crap as they were last year
36:45
and well done to them for getting everything together because they needed to, frankly. They
36:49
shouldn't be finishing last in the constructors championship. It seems like Alpine are going
36:53
to have a better season. Let's take a quick break and come back for part three as we make our
36:59
predictions for the 2026 season and also Christian's going to go through his favourite tops.
37:29
Most minds succeed with London Business School's finance courses ranked in the top five by the
37:34
financial times. Find out which of our world class finance courses are right for you by searching
37:39
LBS Finance today. Ready, set, roll. This is Cheltenham and at LiveScoreBet, we're celebrating
37:48
by giving you a £10 free bet when you bet £10 on the first race every day of the festival.
37:54
Whether you're a Cheltenham novice or a season pro, be there when the next chapter is written.
37:59
Cheltenham with LiveScoreBet. This is Total Betting. First cash bet on first race of
38:04
Cheltenham each day. Minimum odds evens. Excludes each way bets. Free bet up to £10.
38:08
Use same day on horse racing. Terms apply. Gamble aware.org. 18 plus.
38:15
It is the faster than the curious, but you know that anyway and you just fast forwarded through
38:19
the adverts. Hello, this is Greg James with Christian Hugo and Betty, you practically moved
38:24
to Bahrain for a little bit of time recently. Can you tell us why people are excited about the top
38:30
four please and who are they? Everyone's losing their heads over the top four. Mercedes, Ferrari,
38:37
Red Bull and McLaren. So basically nothing's changed then. Nothing's changed. I'm very excited
38:46
for 2026. They're going to shuffle the deck. Oh my God, the deck is being shuffled. We're
38:52
never going to understand this sport anymore. It's the same. I heard somebody say they think Alpine
38:57
are going to get on the podium in Melbourne, which I don't agree with, but can you imagine?
39:01
No, but I'd say the one thing that has changed is that I think Ferrari are up there as the
39:06
favourites. Ferrari look very good. Ferrari fans are getting very, very excited and so they should
39:14
because they look fast. They look good. They look great off the start. Brilliant. Mercedes as well.
39:20
I know Greg, you're obviously a fan of Toto Wolf. Toto Wolf and George Russell have been strutting
39:27
around that paddock with the confidence of people that know that they're okay. Mercedes, all I got
39:34
from Mercedes is that they are very confident. They feel fine. They look unflappable.
39:40
I mean, that's good. There's always a bit of an air of that, particularly with George,
39:45
where he just always feels like he's just sitting on a yacht, as we've said this before.
39:49
He is unflappable. George Russell is sort of like... We've said James Bond before,
40:00
but he's like an understated one. He's like Timothy Dalton. An obvious choice for James.
40:08
You're a bit like that though, but I think it's the legs actually.
40:15
You got the legs of James Bond. You've just said that Greg James reminds you of George Russell
40:21
and James Bond because of his legs. No, right. George Russell and Greg James and Toto Wolf
40:26
all have really long legs. So when you're walking around... Do you think tall men
40:34
appear more unflappable? Because I'm walking at a different pace, maybe, because I'm sort of...
40:39
I have to do slower paces to keep up with the short. You look like you'd be really bad at paddle
40:45
or tennis because you can't quite control your long limbs, but you look very unflappable when you
40:50
walk. That's not true. I'm fantastic at tennis. Anyway, the Ferrari thing is interesting to me
40:54
because can someone please tell Lewis Hamilton that everything's going to be okay? Because he
41:03
seems more positive than he was. That's not hard though, is it? That sounds low bar.
41:09
It was a low bar. Listen, we've had so many questions about this. David asks,
41:16
as a Lewis fan, can I get excited again? There were loads of similar questions.
41:21
Ferrari are the story of pre-season testing. Everybody expected Mercedes to do well out of
41:26
these rule changes because whenever there's an engine-dependent rule change, Mercedes,
41:30
as a company, have the facilities to do well in these sort of rule changes. Ferrari, frankly,
41:38
last year had a worrying season where they didn't seem to know why their car wasn't improving,
41:42
and yes, they have put more resource into this season, but they weren't looking like a team
41:48
that was giving you confidence they were going to move forward, and yet they have come into this
41:52
pre-season testing and seem like they have made a big step forward. Now, what's exciting is very
41:59
few people seem to be able to predict which is quickest out of Mercedes, Ferrari, McLaren, or Red
42:05
Bull. Most seem to think Mercedes are quickest at the moment, but there's people saying, look,
42:12
they're all quite close. There could be a bit of moving round. There could be some track dependency,
42:16
as Betty said. Red Bull aren't as behind as people thought they would be with the new engine. They
42:20
were, me and Betty were in America in January. They were playing down expectations. Also,
42:24
just a point on that as well, is that I think the sort of vibe people are getting is that Max
42:30
Verstappen is going to be the driver that is going to be able to get his head around these
42:33
regulations quicker than any of the others, because he's so good. And what I said earlier,
42:38
different drivers can adapt to different things, and Max is just the king of adaptability. He's
42:42
just insane. But for Ferrari, yes, it looks really positive. Ferrari do look good. I agree with Betty.
42:50
I think Mercedes will be right up there. I would like to air a word of caution. I'm going to separate
42:56
this. Welcome to Christian's word of caution. Greg, can I have a jingle or something?
43:04
What's that? He's airing a word of caution. It's lovely. Very, very nice.
43:12
That's really weird. I mentioned this earlier that I was on the ground for the last
43:18
first race of a new rule set, 2022 Bahrain Grand Prix. Everybody was talking there that it was
43:26
going to be between Mercedes and Red Bull. That was how 2021 finished. Ferrari surprised everybody,
43:34
absolutely smashed that weekend, and everybody got so excited thinking Ferrari are back.
43:39
That race was won by Charles Leclerc. Signs finished P2. It was a Ferrari one-two. Everybody was
43:46
going, oh, my God, Ferrari are going to be able to compete in these rule changes. We've got a title
43:50
fight in our hands here between Leclerc and Verstappen. And for half a season, it looked like we
43:53
did. But Red Bull proved themselves to be considerably better at what I keep banging on about, mid-season
44:04
adaptability, mid-season upgrades. Ferrari may well be starting well, and I don't doubt they are.
44:11
I am still skeptical. I want to see more from them because I need, they've had such
44:19
a long period of negativity. Their last Drivers' World Championship, 2007, with Kimi Raikkonen.
44:25
That's wild. I am still not convinced they have got it in them to compete over a season and improve
44:31
over a season. That you need to do in Formula One nowadays, particularly this season. Yes,
44:36
Ferrari are starting off well. Guys, you need to prove to me that you can keep this up over the
44:40
course of a season. I'm skeptical. I would love to be wrong because Ferrari doing well would be
44:45
great for this sport. Leclerc and Hamilton doing well would be great for the sport. I want to be
44:48
wrong. I'm still a bit skeptical. But, everybody, they've got a rotating wing. So, rotating
44:57
wing. It is camp, isn't it? It is camp. It is, crucially, the campest development in Formula
45:03
One for a long time, that it minces round itself. That is brilliant. Have you seen the video where
45:09
somebody has obviously used AI or something, and they've put a, like, a Donica bab on it,
45:14
and the bab just rotates around? It's just great. It's great. It's great. What do you think about it?
45:21
Emma says, is the Ferrari rotating the wing actually any good or are they just showing off?
45:24
Basically, we don't know as of yet. DRS is dead. There is the new boost setting, which means the
45:33
wings move more in order to give you a boost. It's like a giant DRS, and Ferrari have gone,
45:38
well, actually, if we spin the whole thing round rather than just open a flap, maybe we can get
45:43
a bit of a better boost. Betty, I don't know about you. Looking from the outside in, it seems like
45:48
people are going, it might be a thing. It equally might be a gimmick, and Ferrari is saying, well,
45:52
we were testing it, because that's what you do in testing. It does what it says on the tin.
45:55
Whether it actually makes it to Australia or not, I don't know. So I'm basically sitting on the fence
46:00
on this. It might be a thing. If it is a thing, everybody will immediately copy it. That's what
46:04
happens in Formula One. It might also be both. It might be good, and it might just be showing off,
46:09
and that's fine, because they're all showing off. That's actually a good point from Ferrari,
46:15
which is, can you just shut up? You're lucky that you get to see this testing, because actually
46:20
it is testing. So can you just try and some stuff out, please? We're just workshopping.
46:25
Question here from Charlie, who says, how much, I love this question, how much can team sandbag
46:30
during testing, i.e. could Lance Stroll win in Melbourne? Can you imagine? It's a great thing,
46:36
just absolute s**t house from all of them, just being like, oh no, our car barely even moves off
46:40
the start line. Oh no, what are we going to do? This is awful. The wheels keep falling off. Whoops.
46:45
And then suddenly bang, podium. Fastest car. A lot of them were sandbagging. They were all
46:52
saying each other were sandbagging. It was like that meme where the Spider-Man's pointing at each
46:57
other. They were all like, no, you're fastest. No, you're fastest. You're sandbagging. Like I said,
47:01
you have no idea, to be honest, guys. You're asking these people questions. But we do know that
47:06
some of them are terrible, right? Or they all pretending. What do we think? No, listen, I think
47:14
that's just sort of the point of my RuPaul exercise. I think we know who's in the bottom.
47:18
I think we know who's going to be roughly around the middle. I think we know who's going to be
47:21
roughly in the top. It is very difficult to put people in an exact order. And the thing is,
47:26
this is the biggest thing to take away from testing, we do not know until we get to qualifying
47:31
in Melbourne. And I say this every single season. This is a different season because we've had 63
47:36
tests in Spain and in Bahrain. And there's been loads of it. And it's the biggest rule change
47:40
since 1863 BC, when this was all filled, all of that. But some things still remain true with
47:45
Formula One. You never know until you get to qualifying in the first race of the season.
47:50
So it's very difficult to put everybody in a proper order. Mercedes could have been running with
47:55
their engine turned down. They might not have been. We simply don't know. But there might be an
48:00
element of sandbagging. They might not be. That's the insight you're going to get from this podcast.
48:04
Well, with that in mind, before we go, let's do a chart show, a rundown of your 321 constructors
48:14
and drivers. Okay. So who's winning the constructors and who's winning the drivers? That's that.
48:20
Let's just do this now. This is our preseason predictions. Okay, who's going to start? Christian,
48:25
do you want to go? Yeah, I can go. I can go. I've been thinking about this. These are always
48:30
every night since December. I've been, I've been able to sleep thinking about this.
48:38
Not been able to sleep because I've got stupid dog barking. No, we should also,
48:42
we should also welcome Derek to the world, by the way. Welcome, Derek. Well, he's been a bit
48:47
barking the last couple of days, and that's somewhat limiting my sleep. He's allowed to be
48:51
Christian. Okay. He's expressing himself. By the way, you've ruined your life. I ruined my life
48:56
when I got Barney. He ruined your life, but you will not regret a single moment of it. It was
49:00
the best thing you'll ever do. Go on to Christian. Anyway, anyway, anyway. Get on his Instagram and
49:04
go and look at Derek because he's amazing. Oh, thank you, Greg. I think the third in the
49:09
driver's championship will be Oscar P'Astrie. I think second will be Charlotte Claire.
49:16
I think first will be George Russell. I think third in the constructors championship will be
49:24
Ferrari. I think second in the constructors championship will be McLaren. I think Mercedes
49:30
will win the constructors championship. There you go. Oh my God. P'Astrie, Claire Russell,
49:36
and Ferrari, McLaren, Mercedes. Sensational. As in, that's reverse order, so yeah. Brilliant.
49:43
Betty. I agree with you, but I'm just going to go a little bit different just, you know,
49:51
for the excitement, really. So I think, let's go, Charlotte Claire, third,
50:04
Oscar P'Astrie. Oh no, George Russell, second, and Oscar P'Astrie first.
50:11
She's going to Oscar P'Astrie, McLaren, win all. Because we've not spoke about McLaren too much,
50:16
but this is the thing. No one knows anything about McLaren. I just think McLaren have got,
50:20
they've been so impressive in recent seasons on building mid-season. Think about it. How awful
50:25
they were at the start of 2023. How much they've been able to improve mid-season. That's what I
50:29
think. That's why I think you can't run out, McLaren, and I think Oscar's going to be so hard
50:33
to beat this season. I think he'll have improved. I think he'll have levelled up. Yeah. It's fascinating.
50:38
Go on, Greg. I think Oscar's hungry too, isn't he? Did you do your constructors?
50:43
Do you construct constructors? Oh, I think my, okay, Mercedes, McLaren, Ferrari, but so Mercedes
50:53
number one, McLaren two, Ferrari three. Right. That's not how a chart show works, but that's fine.
51:00
You may start the show. Welcome to the chart show, and at number one, it's Benson Boone.
51:06
I mean, maybe. Maybe. And in an hour and a half, find out who's number 40.
51:13
Okay. Well, look, this is... Greg's going to go lowest. I'm just going to go with who I want.
51:20
Okay. This is what I want. This is what I want to happen.
51:25
I want Lando to win again. Okay, nice. Why?
51:32
Just because I think back to back shows real metal. Back to back with a rule change. Great.
51:44
Getting to be the champion is incredibly difficult, as all the champions would always say.
51:50
Staying there is even more difficult. So that's what I want. I want him to just keep proving that he
52:00
has the test, isn't it? You know you can, but can you? I would also love Oscar to be up there as well.
52:12
So I think my one, two is Lando Oscar again. And my three, I'm going for Lewis Hamilton.
52:20
I thought you were going to say Lewis Hamilton number one.
52:23
This is what I want to see. It's what I want to see next year.
52:28
And then, I don't know, McLaren, Ferrari, Mercedes, I don't care. Whatever.
52:37
I'm a people guy more than an engine guy or a car guy. Well, no, I mean, I don't mind so much.
52:44
I mean, whatever, whatever happens. But you know, also I'd love to see George do well,
52:48
because I think he's a fantastic driver. Oh, would be cool. He deserves it.
52:51
Charlotte Claire as well.
52:53
And Kimmy will be up there. This is what's brilliant. Everyone is in search of a good place.
52:59
I haven't even put Max in my top three, which now seems like a ridiculous thing.
53:03
I've sort of forgotten about Max, which is just insane. Like if I was listening to this podcast,
53:08
I'd be thinking, what an idiot that guy is. So yeah, I don't know. So that's the thing. It's
53:14
impossible to predict. Oh, it's exciting. It's exciting. It's it's it's it's it's it's it's
53:19
brilliant season. The sport, you know, it's in a good place. We've got such talent.
53:22
And while there's driving talent, the rest will just sort itself out. So I'm really excited.
53:27
That's all from us this week on the Fast and the Curious. We will be on throughout the whole
53:31
season. Betty and Christian will be here every single week. I will be here as much as I possibly
53:35
can. But unfortunately, I have taken on too much work. But I love all the things I do. So I'll be
53:40
here whenever I can be here because I love the Fast and the Curious. And even if I'm not here,
53:45
I just like listening to YouTube anyway. We'll be full. We'll be full of drivers throughout
53:49
the whole season. We won't miss a single thing. So subscribe on YouTube if you're watching this
53:54
or on any of your podcast providers. Make sure you throw some reviews and whatever else our way
53:59
and tell your friends about the Fast and the Curious as well. Christian, enjoy Australia.
54:05
We will be back very, very soon. Betty, lovely to see you. And it's going to be a good season.
54:10
So let's strap in, buckle up. And let's, all right, bye. Bye.
54:28
Total football is about teamwork. It's built on trust, support and responsibility.
54:34
Life's got bets he's responsible gambling in the same way. So if you're under the
54:39
cosh, it's time to slow the tempo down. We've got tips and advice on how to stay in total
54:45
control of your betting. Visit the safer gambling section of livescorbet.com to learn more.
54:51
Life's got bets, total betting. Bet responsibly 18 plus gamblerware.org.
54:58
This is James O'Field from Shits and Gigs, and we're currently sponsored by Tui.
55:01
So we love going on holiday together, love traveling and new experiences,
55:05
but we can't always agree on where to go. But that's okay, as this is where Tui comes in.
55:09
With Tui, there's more options and more choice with hundreds of destinations worldwide.
55:14
So whatever first you want to mark, whether it's your first time away with your mates,
55:18
or the first time doing something new on holiday, we've chatted about trying jet skiing
55:22
and trying to catch some live sports. Tui has the answer.
55:26
Tui, you pick it, they saw it. Booking T's and C's apply, AtoL and Apto are protected.
55:31
300 years of expertise in every twining sleep blend.
55:38
100 hours of craft in every cup. Eight natural ingredients in every sip.
55:46
One night of winding down in every drop. Your moment of serenity.
55:52
Brought to you by Twining Sleep. Twining's. Alive in every drop.