Tag Archives: F1

July 22, 2025 · 17:06

More bad news?

Yesterday I got some news from FTN News that might spell bad news for America. America is at this moment drowning in tourism ‘debts’ (for a lack of a better word). At present the downfall is set to 29 billion dollar and there are several sources who give us that there is all likelihood that this will not be reversed until 2029. And that is merely the reversal of income (if America does an about face basically today) the loss of income will continue. America will bleed tourism revenue for years to come. And the bad news that is added is seen (at https://ftnnews.com/travel-news/aviation/inside-saudi-arabias-bold-plan-for-a-low-cost-airline-with-45-planes-by-2030/) giving us ‘Inside Saudi Arabia’s Bold Plan for a Low-Cost Airline with 45 Planes by 2030’ where we see “Saudi Arabia’s bold plan for a low-cost airline with 45 planes by 2030 is the Kingdom’s latest move to transform its aviation sector and boost tourism and connectivity” Now don’t think this is a silly notion, but at present in Europe, Canada, Asia, Australia and a few more countries people can only afford one vacation a year and the sewing of cheap holidays to a place where many like to see it, it means that most will contemplate Saudi Arabia against the unwelcoming grounds of America. Considering that the bulk of Muslims (who are about 1.8 Billion, close to 20%) they all will consider Saudi Arabia over America, especially if that comes with lower costs. As such this is almost a slam dunk win for Saudi Arabia. So when we see “The new carrier will be operated by a consortium led by UAE-based Air Arabia, in partnership with Saudi companies Kun Investment and Nesma Group. According to the Saudi General Authority of Civil Aviation, this alliance was awarded the contract to launch the airline after a competitive bidding process that also included Jazeera Airways and other regional players.” It sets a setting that the UAE/Saudi Arabia connection could spell a lot more bad news for certain parties. As stated, base operations might be in Dammam, yet they are aiming to carry at least 10 million passengers per year once fully operational. Its 81-route network—comprising 24 domestic and 57 international destinations will set the fall to others up to 10,000,000 passengers annually and that is merely the beginning. As I see it, the 10,000,000 will grace Dammam, Riyadh, Jeddah, Abu Dhabi and Dubai. Considering the simplest setting that many will now be able to afford a trip to Dubai with its 0% taxation and Apple growing there too I expect a boom of people trying to unite cheap vacation with cheap shopping and in that regards Abu Dhabi remains an option for these people. The could visit both with the High Speed train that takes you to the other UAE destination in a mere 35 minutes. So how interesting is that against any place in America?

So is this a real threat against American revenue? I believe it is and after the bad setting that America pushed itself in, and the upcoming Vision 2030, I reckon that America might get a prolonged bad tourism time going through until 2032/2033, a few years after Disney and Harry Potter theme parks graced Yas Island totaling the amount of theme parks to 6 with the added Yas Island Mall and the F1 races there too. And Harry Potter to be expected to arrive late 2026 and as there is no date for the new Disney park, I expect that this will not happen before early 2027. But that sets a new danger for America getting relieve to its tourism downfall.

The setting that SeaWorld is an unique place merely sets the premise towards a lot of tourists selecting Abu Dhabi over America and that is merely the start of this matter. So as I see it, whomever invested in the new airline (apparently The NESMA Group and Kun Investment Holding) seem to be riding an great profit venture and as this goes on the investment might turn out to be a golden one and that is before the impact is seen that Neom Bay airport will face and that means tourists will flock towards Trojena and its ski slopes. Yup, the Kun Investment Holding is looking towards the bright side of profits.

So could I be wrong?
It is a fair question, but the reality is that nearly all people need a vacation and when the price goes down people can do more and as such these 10,000,000 annual places are 10,000,000 that America loses, pretty directly and that is after the losses it is already facing at the moment, as such I feel pretty confident that this will make it, even as it is not the only one in Saudi Arabia. There is also Flyadeal, Flynas and Air Arabia. The fact that Saudi Arabia is ready to expand the tourist game implies that they have been upgrading with a focus and I think it will drive people towards Trojena and Sindalah, which is besides the options that Abu Dhabi and Dubai offer. So as I see it, America will be facing several more hard years and that is if they do an about face on tourism as per today, when they do not, by 2028 Ski tourism will go towards Saudi Arabia as well. A nasty package is coming to the American shores. They did this to themselves, as such I feel it is their own fault. But to see this amount of damage due to the stupidity of America first is pretty laughable in any book you read.

As such have a great day and if you need a point of investment, I reckon having a better look at the Kun Investment Holding might not be a bad idea. Don’t ask me for advice, this is all I see and I am not the expert in investing, but there are good times ahead for Kun Investment Holding.

At the right time

That is what we all seek (if we can afford it), that golden ticket that is out in the open and we are in time to grab it. I get it, it is not easy and you need to have feelers out, but that is at time the setting we face. For example, Disney Golden Oaks has had his new park settings with residences and houses out there for almost a year. This is nothing bad. The places look amazing and when you are approaching retirement, or a life setting where you get to enjoy life at least three months a year (basically before the Trump era) nearly everyone who has the money would grab something like that. They are still taking orders, so there is space. I am not criticizing the setting. Disney has made enormous strides with their Golden Oaks and these places are top notch. The setting that the Four Seasons is there as well, merely adds charisma and flavor to that place. So what gives?

You see, the Emirati News Agency WAM, gives us (at https://www.wam.ae/en/article/15l6shd-aldar-announces-launch-day-sell-out-all-133-homes) a simple setting. They give us ‘Aldar announces launch day sell-out of all 133 homes at Waldorf Astoria Residences’ a setting where we see a launch day sell out? Don’t get me wrong, I cannot afford living there, so I don’t feel sad. I had my eyes set on Sama Yas (which I cannot afford either) but at least it is more affordable than either two. And lets be clear onboard this, as America slides down to a near third world stage, would you want to live in Orlando? Yas Island will be the new Saint Tropez. With its 4 theme parks (soon to be 5) and Warner Brothers being busy to add the world of Harry Potter to their Arsenal, that place will be da bomb (as the expression goes). Ferrari World, The Yas Mall (not as big as the Dubai Mall), but a cracker of a mall. WaterWorld with slides, lazy river and all, SeaWorld which might be the most impressive water zoo you have ever soon and the Warner Brothers Theme park, soon to include these rascals from Hogwarts. And in (an expected) 2027 Disney will grace that place too. So what is there to hesitate over? Well the 133 new owners of their Waldorf Astoria Residences had that same idea and on launch day it all sold out. The first ever branded residential development on Yas Island generating AED 850 million in sales. That almost a billion amounts to $232 million, which amounts to a little under $2 million per unit, there are different sizes, so the small ones are cheaper, the big ones larger and Golden Oaks gave us the setting that they started at 5 million. So it is a win in several ways. And it gets better if you get the Yas Annual Diamond pass, which gives you unlimited Quick Pass Access at all Yas Theme Parks and offers unmatched benefits, such as 25% off dining, shopping, and more. Plus, you’ll receive early park entry, special events, and exclusive member-only experiences. And the price (at present) is $900 a year, with all these benefits you would be crazy not to get it, especially as it gives 25% on loads of stuff, even in the Yass Mall. For an entire year? That pass will earn itself back in less than a month. As such, I reckon that the price goes up when Disney is added to the flavour. And as there are free busses all over Yas Island, the need for a car becomes debatable.

So in that world where does Orlando stand? Nowhere as I see it and Abu Dhabi has a lot more to offer. As I personally see it theme parks in America are soon done and when the economy collapses (which is likely to be this year) there will not be any reason to go to America. So when you consider these news clippings that America is crawling up from the mud, consider that the Economic times gave us 4 hours ago ‘Adrian Mowat on why non-US assets are becoming more appealing than US equities & bonds’ you’re seeing merely a first and as the pressures on Yas Island to expand is clearly seen in many ways, we will need to consider that America is close to done for. 17 hours ago we were given ‘Half of the bond market is US Treasuries. Why it’s ‘not healthy.’’ Remember that I talked about the dangers of Japan or China dumping the bonds they have and the other one following suit as not too be left with (what I personally speculative see) as toilet paper. Well this is a first sign. The entire Waldorf Astoria setting was out in the open and it is gone on launch day. Orlando never pulled that off, not even when they were the luxury height of the residence markets. As such the oligarchs, the billionaires and others will soon get their own place there and perhaps several already have their place. In addition, the UAE is a zero tax nation, well not exactly, but you do not pay income tax, so the money you get is the money you get to spend and with a Diamond card it gets to be even cheaper. Don’t think you are stuck there. The high speed train ride takes you to either place in 30 minutes, so breakfast in Dubai and Dinner in Abu Dhabi (or the other way round) becomes a reality, although I was unable to find prices, but a normal train going at half the speed is also an option, as such you would be in a train for an hour.

As I see it the UAE is not merely making waves, they are an economic tsunami about to unleash their good times and as I see it America (Europe too) will face the economic onslaught it makes on both of them and as I see it, with the F1 also on Yas island, the setting gets to me almost embarrassing for America. And feel free to look at the Abu Dhabi videos on YouTube done by hundreds of visitors. A city that is clean, safe and spacious. What more do you need? The article ends with “Commenting on the sales performance, Jonathan Emery, Chief Executive Officer at Aldar Development said: “The sell-out of Waldorf Astoria Residences Yas marks a significant milestone for Aldar and highlights the attractiveness of Yas Island both as an investment destination and prime residential address. As the island’s first branded residential offering, its overwhelming success is a strong indicator of the rising demand for luxury, hospitality-led living in Abu Dhabi and the universal appeal of the Waldorf Astoria brand.”” As such I wonder what will come next, because the intake of wealthy residents is merely at a start this implies that Abu Dhabi is looking at 3-5 new settings and as the Satellite photos show, between Zayed International Airport and Yas Island are several large ‘plots’ that might be the setting of more. The influx of wealth and economic good times are setting a new era for the United Arab Emirates and Abu Dhabi. Did anyone consider that when billionaires see new grounds, they tend to go from other places? Where does that leave America? You see, you can spin all you like, but when the wealth walks away they might be left with merely a dozen wealthy people and President Trump is not that rich, so when Elon Musk leaves, the expression about rats leaving the sinking ship comes to mind. Oh, by the way, I am not calling Elon Much a rat, or implying that he is leaving. But I think the setting comes across to all my readers (and its not my mum, cause she is dead).

A larger setting is coming to the shores of America and I have stated that as warnings for over the last 2 years at least, so whilst we now get “‘‘Death spiral’ nears as US debt service costs reach ‘unsustainable’ levels’” (source: Sky News) consider that I stated this danger es early as October 4th 2021 in ‘Utter insanity’ referring back to an article I wrote in 2013, it has been this long that the media could have informed you. Did they? Oh and the fact that October 4th is also World Animal Day is merely icing on the cake. I like my irony with a sweet tooth. I am a victim of circumstance. Still, the setting was clear years ago, you merely needed to learn to use an abacus, something that has been around for over 3000 years, no super computer needed.

So have a great day and enjoy your morning coffee in Toronto this morning (it is 06:00 there).

Look back in yearning

This happens and weirdly enough it hit me a few hours ago. You see a few days ago I started to replay Hogwarts Legacy again (third time). I started as Ravenclaw (I like blue), then Hufflepuff and now Slytherin. You see, Gryffindor is the least interesting house as Harry-the-Snape-sycophant-Potter has been showing us that house for 8 movies, so that place is last. And my view remains, yet there is some doubling up as you replay the game, but the game is a true work of love the houses and their common rooms show that part. There is not one better house, but there is a house for every HP fan and it is a great game. I truly hope that DLC’s or an additional game is not far away (like somewhere in 2024). I do not car about the haters and their views of JK Rowling. I never heard what she said, I do not care what her believes are. We all have believes and some opposes ours directly. That will always happen and dumping a perfectly good piece of IP (one she did not create) is just insane.

Yet that point also woke up part of me that I missed. You see, I am not much of a racing fan. I enjoy a race, I enjoy some realism and I have enjoyed an F1 game in the past, but it is all ‘too realistic’ and I am not racer. I loved Ridge racer on my PSP, yet one title always stood out.

It was Need for Speed Underground by Electronic Arts I loved even more. I loved it because it was more like arcade (Outrun example) racing games. Need for speed had a few additional sides that gave it the flair I enjoyed and when we look at the games nowadays, it is all about ‘realism’. Don’t get me wrong, Grand Turismo and Forza are amazing games and they have their own following. But these two lack an arcade setting (for lack of a better term). As such we forgot about Need for Speed and that is a shame. I didn’t like what they produced afterwards, it was too much about short term adrenaline rushes. But that game took my feelings back to 1982, Pole Position on the Commodore 64 which got an 85% score.

In addition there was 1990 when we were given Lotus Esprit Turbo Challenge by Gremlin graphics (85% rating). Yes, graphically there are much better graphics now, but these two games brought fun. They brought fun to racing and the games we see today are drained too much of fun and all about the implied rush and short term adrenaline events. Forza, Gran Turismo and the Crew should take a hard look at themselves and not about outspoken claims (whilst ignoring tens of thousands of others).

I believe that these developers are wasting a marketshare and this is about to become a time when marketshare should not ever be wasted. Yes, I see all the Twitter feeds on games that were released 25-35 years ago. Almost like influencers trying to get create waves at the behest of marketing departments. I do get that and I (for the most) do not care, but actual gems are left out there to rot in the sun. We are now in a stage where a lot of us have forgotten a game like Boulder Dash, a game that brought addiction to millions. The 1984 game got an 80% rating with “A very special Game with ugly Graphic. Boulder Dash is one of THE classics of the C64.” The interesting part is that graphics were set to 40%, implying that today it could become a 90% game. It was already a 90% game on playability. As such the streamers of today could have an interesting game that takes little bandwidth. You see, when streamers become of age and internet congestion becomes the larger problem (expect that in 2026) these games and games like this will drive gaming forward. It is about the fun and that is the part that too many developers are in denial of. I reckon Ubisoft has the biggest problem with that aspect of fun. In case of Ubisoft, I still believe the original stage I saw. ‘When you create a game to appease everyone, you end up with a game that pleases no one’. It was true in 2014 and it is even more true in 2024. As such these thoughts blended together missing out on arcade style racing. I wonder if these developers are seeing that part of the equation, because as I see it now we have the Amazon Luna developers and they can connect to the Tencent technologies handheld with their software opposing Chinese developers who are on the ball and could soon create a lot more ‘remastered’ IP and they could get away with it. You see players like Electronic Arts let the CBM64 and CBM Amiga IP expire and now the stage evolves for these new indie developers. If they can create a game that is distinct enough, they could create new IP and at that point all the wannabe Microsoft developers are set out in the cold (and not just them). As I see it, as I see what Tencent Technologies is up to, it will soon be another field where the US is fishing behind the net and when these developers are relying on their advertisement incomes, they are merely one step from becoming redundant and I reckon that Apple and Google will be on the same boat. Not merely because of what they proclaim, but it is what HarmonyOS (4.0.0.113 by Huawei) is setting the stage for and the moment that Tencent Technologies opens the door to that option it will not merely gain access to one market, it will gain access to three markets and when the others forget about the fun those others will get their goose cooked. If you think I am kidding, consider the advertisement (at https://www.youtube.com/watch?v=MvkMp0JuyPQ) when yo think this through and not hide behind the ‘sexy’ label, we see that Nintendo was right all along and Nintendo figured this out 16 years ago. Preppy and fun was the story and they delivered. In the meantime Microsoft lost a truckload of market share and Nintendo gained on Sony by miles. I like the ad as it is set against the PS3 and I had both (and loved both systems). Now we see that nearly all systems have forgotten about the fun part and a new market for indie developers opens up. With the streaming systems they can create for more than one in one go and now the others will have created a new competitor, merely because they adhered to marketing and business intelligence. The problems is that they are all opposed by a knife with three sides. That knife is awareness, perception and reality, the problem they face is that they are adhering to the wrong voices and forgot about the true fun side of a game (not everyone mind you), so all those developers forgot about one marketshare that is growing fast and is about to become a lot bigger and it is yet another reason why one brand is losing more and more marketshare. All because some of them disregarded the impact of fun and now Google and Apple are about to make that part even worse. So as the older gamers look back in yearning, the new gamers see what they are missing out on and they are about to wise up. At that point who will be in the top three? Sony will be, Nintendo will be and place three? That remains to be seen, but we now have another market where Microsoft ends up in 5th place, which is way behind the pole position they once coveted, once a long time ago.

Enjoy the day.

Tag Archives: F1

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At the right time

Look back in yearning

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