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107th Indianapolis 500 Post-Race Notes

INDIANAPOLIS (Sunday, May 28, 2023) – Historical and event notes from the 107th Indianapolis 500 presented by Gainbridge at Indianapolis Motor Speedway:

  • This was the first career Indianapolis 500 victory for Josef Newgarden in his 12th career “500” start. His previous-best finish was third in 2016 for Ed Carpenter Racing. Newgarden joined Team Penske in 2017. Newgarden tied 1957 winner Sam Hanks and 2013 winner Tony Kanaan for the most starts before winning in event history.
  • Josef Newgarden became the first Tennessee native to win the Indianapolis 500. He is a native of Nashville.
  • Team Penske earned its 19th Indianapolis 500 victory, extending its event record.
  • Josef Newgarden started 17th, the lowest starting position for an Indianapolis 500 winner since Ryan Hunter-Reay triumphed from 19th on the starting grid in 2014.
  • This is the third time a driver has won the Indianapolis 500 from the 17th starting position. The others: Eddie Cheever in 1998 and Floyd Davis and Mauri Rose in 1941.
  • Josef Newgarden led five laps. The only winners to lead fewer laps were Joe Dawson, who led two in 1912, and Dan Wheldon, who led one lap in 2011.
  • Josef Newgarden is the first American driver to win the Indianapolis 500 since Alexander Rossi in 2016.
  • Josef Newgarden made the most significant position advancement in the field today, 16 positions, to claim his Indianapolis 500 victory.
  • Josef Newgarden is the ninth driver to win the Indianapolis 500 at age 32. The last was Dan Wheldon in 2011.
  • This is the 10th Indianapolis 500 victory for car No. 2. The last came in 2015, with Juan Pablo Montoya winning for Team Penske.
  • This is the first Indianapolis 500 win for Chevrolet since Simon Pagenaud in 2019, Team Penske’s last Indy 500 victory before today.
  • Fourteen different drivers led at least one lap today, tying with 2013 for the second-highest total in “500” history. The record is 15 drivers in 2017 and 2018.
  • There were 52 lead changes, the third-highest total in “500” history. The record is 68 in 2013, followed by 54 in 2016.
  • The margin of victory was .0974 of a second, the fourth-closest finish in Indianapolis 500 history. Top three: 1992 – .043 of a second Al Unser Jr. over Scott Goodyear; 2014 – .0600 of a second Ryan Hunter-Reay over Helio Castroneves; 2006 – .0635 of a second Sam Hornish Jr. over Marco Andretti.
  • This is only the third time the Indianapolis 500 has been decided by a last-lap pass. The other two times: 2006: Sam Hornish (Team Penske) passed Marco Andretti on the front straightaway; 2011: Dan Wheldon passed JR Hildebrand on the front straightaway.
  • This is the ninth time the reigning Indianapolis 500 winner finished second the following year, with 2022 winner Marcus Ericsson placing second today. The last winner to finish runner-up the year after a win was Helio Castroneves in 2003.
  • Santino Ferrucci finished third, his best career Indianapolis 500 result. His previous best was fourth in 2020. Ferrucci has finished in the top 10 in all five of his career “500” starts.
  • Santino Ferrucci’s third-place finish was the best Indianapolis 500 result for AJ Foyt Racing since Eliseo Salazar also finished third in 2000.
  • This is the first Indianapolis 500 with three competition-related red flags, not related to weather.
  • Benjamin Pedersen was the top-finishing rookie today, in 21st place.
  • Helio Castroneves climbed to second place in Indianapolis 500 career miles completed at 10,995, trailing only A.J. Foyt, who has 12,272.5 career miles.
  • Helio Castroneves completed the full 500-mile distance for the 17th time in his Indianapolis 500 race career, extending his race record. He has been running at the end of the race in 21 of 23 career starts.
  • A record six former winners led the 2023 Indianapolis 500, surpassing the prior race record of five set in 1980, 1981 and 1993. The six former winners to lead today: Marcus Ericsson, Ryan Hunter-Reay, Alexander Rossi, Takuma Sato, Will Power and Helio Castroneves.
  • There were 11 lap leaders who finished on the lead lap, beating the event record of nine, set in 2011.

NASCAR postpones Coca-Cola 600 to Monday amid inclement weather

Photo by Andrew Boyd for SpeedwayMedia.com.

NASCAR announced another shakeup to this year’s Memorial Day weekend events at Charlotte Motor Speedway as the Coca-Cola 600 has been postponed to occur on Monday, May 29, at 3 p.m. ET on FOX.

The news comes amid ongoing precipitation and steady rain that has and will continue to fall for the duration of Sunday, May 28, with no big weather breaks being indicated. This, in turn, will prevent the Coke 600 from starting at 6 p.m. ET on Sunday as initially scheduled, with NASCAR’s longest event on the schedule being postponed to Monday for the first time since 2009.

The news also means that the Coke 600 will occur after the Xfinity Series’ Alsco Uniforms 300 as part of a doubleheader feature on Memorial Day, with the Xfinity event now scheduled to start at 11 a.m. ET on FS1 after being bumped up from noon ET on Monday. The Xfinity event at Charlotte was initially scheduled to occur on Saturday, May 27, at 1 p.m. ET prior to the weather delay. Amid the weather concerns, the event was then bumped up to commence at noon ET on Saturday before the start was delayed amid the precipitation and eventually led to NASCAR to postpone the event to Monday morning.

For the Xfinity Series’ Alsco Uniforms 300, Justin Allgaier will lead the field from pole position after posting a pole-winning lap at 181.172 mph in 29.806 seconds during a qualifying session that occurred on Friday, May 26. Joining him on the front row will be John Hunter Nemechek, who posted the second-best qualifying lap at 180.246 mph in 29.959 seconds.

When the green flag waves for the Coke 600, William Byron, winner of the previous Cup Series event at Darlington Raceway two weeks ago, will lead the field from pole position. The 25-year-old Byron from Charlotte, North Carolina, was awarded the top starting spot based on a metric formula per the NASCAR Rule Book after the event’s qualifying session that was scheduled to occur on Saturday was canceled due to the steady precipitation. Joining him on the front row will be Kevin Harvick, a two-time Coke 600 winner who will be making his final 600-mile career start.

RFK Racing and BlueForge Alliance Join Forces to Help Rebuild American Manufacturing, While Promoting Careers in the Submarine Industrial Base

Multi-Year Partnership to Target Major Untapped Target Audience, Uniquely Tailored to Individuals Interested in Careers in Skilled Trades, Manufacturing and Engineering

BlueForge Alliance Commercial

CONCORD, N.C. (May 28, 2023) – RFK Racing has announced a partnership with BlueForge Alliance (BFA), the non-profit integrator for the U.S. Navy’s Submarine Industrial Base (SIB) Program, aimed at promoting SIB careers and reinvigorating America’s manufacturing workforce through its BuildSubmarines.com initiative. This new partnership will showcase the wide array of desirable careers across the nation to NASCAR’s large, passionate fan base.

Through the multi-year agreement, BuildSubmarines.com will be featured as a primary partner for 10 races across RFK’s two NASCAR Cup Series (NCS) teams in 2023 and in 18 races per season beginning in 2024. This includes activations at multiple NASCAR events as well as hosting various engagements focused on promoting careers in skilled trades and advanced manufacturing.

“I’m proud to support a cause of such vital significance to our country with this new partnership,” said Brad Keselowski, Co-Owner and Driver, RFK Racing. “The synergies between a NASCAR team and our military’s needs to stay on track fast are countless. We hope to inspire the workforce of the next generation across the country when they see RFK race and hear our message.”

BFA and RFK Racing efforts will support the mission to recruit, hire, train, develop, and retain the vital SIB workforce that will build the Navy’s next generation of submarines.

This requires the hiring of tens of thousands of individuals who want to serve their country in a different capacity over the next decade, offering stable careers in the evolving manufacturing industry. BuildSubmarines.com is the hub for people interested in joining this generational effort which will sustain individuals and families, improve communities, and better equip those who serve in America’s Navy.

“We are excited and grateful to be teaming with RFK Racing to drive awareness of the thousands of steady, well-paying manufacturing jobs available across the nation. Innovation, working with purpose, and service to others are hallmarks of both of our organizations. Together, we aim to inspire NASCAR fans and all Americans to pursue career opportunities that will support our national defense,” said Kiley Wren, chief executive and co-founder, BlueForge Alliance.

BuildSubmarines.com will make its debut on Keselowski’s No. 6 Ford at the NASCAR Cup Series race at New Hampshire Motor Speedway on July 16. It will debut on Chris Buescher’s No. 17 Ford on Labor Day Weekend at Darlington, where the program will highlight the manufacturing workforce. Additional races include Richmond Raceway with Keselowski and the Bristol Night Race, where Buescher will look to defend his dramatic 2022 victory. BuildSubmarines.com will also be featured on RFK Racing Fords at Watkins Glen, Kansas, Texas, Talladega, Las Vegas and Homestead.

BFA is excited to engage with NASCAR fans across the U.S. According to data compiled from YouGov and MRI-Simmons, compared to the average American adult, NASCAR fans are 71 percent more likely to have an engineering degree; 40 percent more likely to have interest in skilled trades; and 30 percent more likely to work in the fields of engineering, computer-related design and architecture. NASCAR fans are also in search of greater job opportunities, as they are 52 percent more likely to join a career field to learn a new skill compared to the average American adult, and 36 percent more likely to join a career field to create something.

2023 BuildSubmarines.com Race Schedule
July 16: Loudon (6)
July 30: Richmond II (6)
Aug. 20: Watkins Glen (6)
Sept. 3: Darlington II (17)
Sept. 10: Kansas II (6)
Sept. 16: Bristol II (17)
Sept. 24: Texas II (6)
Oct. 1: Talladega II (17)
Oct. 15: Las Vegas II (6)
Oct. 22: Homestead (6)

About RFK Racing
RFK Racing, in its 36th season in 2023, features an ownership lineup pairing one of the sport’s most iconic names, Jack Roush, along with NASCAR Champion, Brad Keselowski, and Fenway Sports Group owner John Henry. Roush initially founded the team in 1988 and it has since become one of the most successful racing operations in the world, propelling him to be the first NASCAR owner to amass three hundred wins and capturing eight championships, including back-to-back NASCAR Cup titles in 2003 and 2004. Keselowski, a former owner in the NASCAR Truck Series, brings to the team a championship mindset himself having won the 2012 NASCAR Cup Series Championship. In 2007, Roush partnered with Henry, who also owns Major League Baseball’s Boston Red Sox, English Premier League’s Liverpool F.C., and the NHL’s Pittsburgh Penguins, to form Roush Fenway Racing. Off the track, RFK is a leader and proven winner in NASCAR marketing solutions, having produced multiple award-winning social media, digital content and experiential marketing campaigns. Visit rfkracing.com, and follow the team on all social platforms @rfkracing.

About BlueForge Alliance

BlueForge Alliance (BFA) is the nonprofit, neutral integrator that supports the U.S. Navy’s Submarine Industrial Base (SIB) initiatives and efforts to strengthen and sustain the maritime manufacturing sector. BFA is a critical partner in the SIB’s mission to ensure industry has the capability, capacity, and resilience to build and maintain America’s next generation of undersea platforms. The organization’s team of experts in a variety of disciplines focus on addressing critical workforce, technology and supplier development needs. BFA is headquartered in Bryan/College Station, Texas. For more information, visit www.blueforgealliance.us.

TeamSLR Makes Best of Eventful Lime Rock

Dillon Machavern Finishes Ninth; Contact Not of His Doing Ends Thad Moffitt’s Day Early

Overview:
Date: May 27, 2023
Event: Memorial Day Classic (Round 4 of 12)
Series: Trans Am Series presented by Pirelli
Division: Big Machine Vodka Spiked CoolersTA2 Series
Location: Lime Rock Park in Lakeville, Connecticut
Layout: 1.48-mile, seven-turn road course
Format: 68 laps or 75 minutes
Weather: Sunny, low 70s

TeamSLR:

● Dillon Machavern – Started 9th, Finished 9th (Running, completed 68/68 laps)

● Thad Moffitt – Started 13th, Finished 29th (Accident, completed 35/68 laps)

Noteworthy: M1 Racecars was represented on the podium for the fourth time in the opening four races this season as Mike Skeen of Peterson Racing brought home a runner-up finish. M1 Racecars swept the podium at the season-opening race at Sebring (Fla.) International Raceway with the race-winning Rafa Matos of Peterson Racing, his teammate Austin Green in the runner-up position, and TeamSLR driver Connor Mosack finishing third after qualifying on the pole and leading 20 of the 27 race laps. Matos scored back-to-back third-place finishes in rounds two and three at NOLA Motorsports Park in Avondale, Louisiana, and Michelin Raceway Road Atlanta, respectively.

Dillon Machavern, Driver No. 17 Heritage Automotive/Unifirst/SLR-M1 Racecars:

“Our TeamSLR car was pretty good, actually. We were fighting the setup all weekend with only two practice sessions to get it done, and hot temperatures today made it tough to nail the setup. Our car got really good in the middle of the race, but then tire degradation on the fronts was holding us up a little bit, so the car was just a little too tight to be where we wanted to be. We still moved up, but at the end there it got aggressive. Maybe having so much time off, everybody was a little bit excited. And Lime Rock is so tight, there’s just not a whole lot of room. There were guys out there trying to go three-wide, and that doesn’t necessarily work here. Everybody’s so close in speed and it’s so hard to pass. Guys just get a little bit aggressive and sometimes over their heads. All in all, a good points day for TeamSLR. Just need to get the car buttoned up and ready to go for Detroit.”

Thad Moffitt, Driver No. 43 Safety-Kleen Chevrolet Camaro:

“I feel like we just didn’t have fire-off speed, but our cars were really good on the long runs. The ones that did fire off good, I let them go, but then we ran them back down. By the time we caught them, Misha (Goikhberg) just ran right through us, unfortunately. He didn’t race us, he just decided that we didn’t need to race. I think that overall had we gone the distance, we were a seventh- or eighth-place car. Lap time-wise, we were sixth on the board most of the time when we were running by ourselves. Long-run speed was good, we just need to find some fire-off speed. It all starts on qualifying day, we’ve got to qualify better. With the way we qualified this week, I felt like it was going to be interesting, anyway. All our team cars ran about the exact same lap times, we just need a little bit for qualifying. I can’t thank everybody enough – Safety-Kleen and Victory Impact for getting us here, and Scott Sr., and Jr., and M1 Racecars. Everybody works so hard and for us to have our days ended like this is really unfortunate. We’ve run four of these things and been wrecked three times. I asked the team what I have to do to not get wrecked and they just said you need to be faster. We’ll just go to Detroit and try to make that happen.”

Next Up:

Rounds five and six of the 2023 Big Machine Vodka Spiked Coolers TA2 Series takes TeamSLR to the downtown streets of the Motor City next weekend for a Saturday-Sunday doubleheader that’s part of this year’s IndyCar Series Detroit Grand Prix. The weekend on the 1.7-mile, nine-turn temporary street circuit begins Friday, June 2, with a pair of TA2 practice sessions at 9:50 a.m. and 1 p.m. EDT, respectively. Qualifying is set for 8:15 a.m. Saturday, June 3, followed by TA2 Race No. 1 at 10:35 a.m. TA2 Race No. 2 on Sunday, June 4, is set for an 11 a.m. start. Both races will be 60 minutes in length and will be live streamed via the Trans Am Series and SpeedTourTV channels on YouTube, with a delayed re-broadcast on MAVTV set for 8 p.m. EDT on Thursday, June 8.

About TeamSLR:

TeamSLR (Scott Lagasse Racing) competes fulltime in the Trans Am Series presented by Pirelli’s newly renamed Big Machine Vodka Spiked Coolers TA2 Series in a multifaceted effort that includes dedicated entries in the TA2 division, customer programs, driver coaching and car construction. Its history dates back to 1985 and covers a wide spectrum of motorsports, including NASCAR, IMSA, SCCA, ARCA and ASA. TeamSLR is a family-owned organization run by Scott Lagasse Sr., and Scott Lagasse Jr., The father-and-son duo have combined to win more than 120 races and seven championships across a variety of series and styles of racecars, from paved ovals to road courses to dirt tracks. For more information, please visit us online at www.TeamSLR.com, on Facebook, on Twitter, on Instagram and on LinkedIn.

Silver Hare Survives Late-Race Calamity at Lime Rock

Connor Zilisch Scores His Third Consecutive Top-Four Finish; Rookie Ben Maier Brings it Home 17th for His Third Straight Top-20

Overview:
Date: May 27, 2023
Event: Memorial Day Classic (Round 4 of 12)
Series: Trans Am Series presented by Pirelli
Division: Big Machine Vodka Spiked CoolersTA2 Series
Location: Lime Rock Park in Lakeville, Connecticut
Layout: 1.48-mile, seven-turn road course
Format: 68 laps or 75 minutes
Weather: Sunny, low 70s
Race Winner: Thomas Merrill of Mike Cope Race Cars

Silver Hare Racing:

●Connor Zilisch – Started 5th, Finished 4th (Running, completed 66/66 laps)

● Ben Maier – Started 22nd, Finished 17th (Running, completed 66/66 laps)

Connor Zilisch, Driver, No. 7 Silver Hare Racing Chevrolet Camaro:

“It was a pretty good day for us here at Lime Rock. We qualified fifth yesterday, felt we had a pretty good car. We struggled throughout practice a little bit but the guys worked really hard to get us a little more speed coming into the race, and I feel we had that. It was really, really difficult to pass. It seemed like the top-five all felt even there in the middle stages and the end of the race, so it was getting tough to pass. There are not a lot of places to pass here in any other car, let alone one of these TA2 cars where you’re struggling with finding front downforce when you’re following people. It made it extra difficult, but we kept it clean and had a few good restarts and ended up ultimately getting ourselves one spot – we restarted fifth, fell back to sixth on the last restart, then got two spots after that on the last lap. Execution-wise, I’d say we did a pretty good job with what we had. We learned some things and we’ll be able to go to Detroit and move forward knowing some things to work on. Nothing major to work on, just fine-tuning from now on. I feel like I’ve got a good group of people around me, so it’s just up to me to make the most of it.”

Ben Maier, Driver, No. 75 Gel Blaster/Silver Hare Racing Chevrolet Camaro:

“It was looking pretty promising at the start. I was making my way forward, passing people, and it was looking like I was going to end up about 12th. There was just a bunch of debris and cars all over the place halfway through the race, it started getting crazy. I hit somebody and my exhaust pipe broke loose. It wasn’t the best thing that could’ve happened, but it was definitely another good learning experience. This track is very unique, so we’ll just take what we learned today and move on to next week at Detroit.”

Maurice Hull, Co-Owner, Silver Hare Racing:

“I was very proud of our team. We had two extremely well-prepared cars. We didn’t have any issues. Our two young drivers drove admirably through a lot of traffic, a lot of stuff going on around them. We had a great points day with Connor finishing just outside the podium. He was there, it’s just hard to pass here. A great job. And Ben brought it home, another top-20 for him and he did a great job with it because there was a lot of traffic where he was running, so I was really proud of how he handled himself. I’m really proud of this crew for their preparation and the professional way that they operate.”

Next Up:

Rounds five and six of the 2023 Big Machine Vodka Spiked Coolers TA2 Series takes Silver Hare Racing to the downtown streets of the Motor City next weekend (June 2-4) for a Saturday-Sunday doubleheader that’s part of this year’s IndyCar Series Detroit Grand Prix. The weekend on the 1.7-mile, nine-turn temporary street circuit begins Friday, June 2, with a pair of TA2 practice sessions at 9:50 a.m. and 1 p.m. EDT, respectively. Qualifying is set for 8:15 a.m. Saturday, June 3, followed by TA2 Race No. 1 at 10:35 a.m. TA2 Race No. 2 on Sunday, June 4, is set for an 11 a.m. start. Both races will be 60 minutes in length and will be live streamed via the Trans Am Series and SpeedTourTV channels on YouTube, with a delayed re-broadcast on MAVTV set for 8 p.m. EDT on Thursday, June 8.

About Silver Hare Racing:

Silver Hare Racing is a fulltime competitor in the Trans Am Series presented by Pirelli’s newly renamed Big Machine Vodka Spiked Coolers TA2 Series. The multicar team has won the TA2 Masters class championship three times (2018, 2019 and 2020) with driver and team co-owner Maurice Hull. Under the leadership of Hull’s wife, co-owner and team manager Laura Hull, Silver Hare Racing provides a variety of services that includes private testing and arrive-and-drive programs. The team offers six professionally built and maintained TA2 chassis from Howe Racing and operates from a state-of-the-art facility in High Point, North Carolina. For more information, visit SilverHareRacing.com.

TapFin.io Review: Your One-stop Solution For Currency Pair Trading

The term currency pair can be fundamentally defined as the pairing of one currency with another to compare the value of each. The primary currency is considered to be the ‘base currency’ against which another currency is compared, named the ‘quote currency’. After comparing the two currencies the displayed price is issued which depicts the gap between the currencies or in simple words how much of one currency is needed to make up the value of another currency. This post by TapFin will provide you with all the basics of currency pairs.

The basics of trading with Currency Pairs

Trading with currency pairs is about bidding with one currency while asking for another currency. It is the process in which you trade with a currency to buy another currency, that is, a simultaneous process of buying and selling which is constant while trading with currency pairs. Let us give you an example of trading with a currency pair trading. If you want to trade with, let’s say for instance, the US currency of the Dollar and the UK currency of the Pound, you will need to buy one of the currencies of a certain value with other currencies of the same value. With the secondary currency, you will be able to measure the loss or profit at currency trading. TapFin gives you the opportunity to trade in the largest market of Forex if you want to try trading with currency pairs. 

Major currency pairs

Among several currency pairs the forex market provides the opportunity to trade in collaboration with the world’s most dominating currency US Dollar. There are a total of 7 pairs known to be the major pairs each of which consists of the USD as the primary currency or base currency. The currencies include a pair of:

  • The US Dollar and the euro traded as EUR/USD 
  • Japanese Yen and the US Dollar as USD/JPY
  • Swiss Franc and the US Dollar as USD/CHF
  • Pound Sterling and the US Dollar as GBP/USD
  • The US Dollar and the New Zealand Dollar as NZD/USD
  • The Canadian Dollar and the US Dollar as USD/CAD
  • The Australian Dollar and the US Dollar as USD/AUD

Benefits offered by TapFin

As an aspiring Global platform, TapFin has come up with some unique benefits to provide its customers who are looking forward to trading in currency pairs. 

  • All the above-mentioned major currency pairs can be traded at TapFin. If you join TapFin as a trader, you will get the opportunity to trade with as many as the 330 currency pairs that are highly traded at the Forex Market with CFDs. 
  • The Exotic, Major, and Minor crosses in currency pairs are also available with TapFin. With the aim to go beyond its limit, TapFin is working on providing top-notch service to grow as its traders grow. 
  • TapFin helps you build strong strategies for trading in currency pairs. You can decide whether you want to go long or go short and TapFin has the bandwidth to support your decision. 

Final Thought:

So, if you are planning to dive into the world of currency pairs, then TapFin is the ideal solution for you.

Wealth Arbitrage Review: Learning to Trade Commodities Well

Uncovering Opportunities and Strategies Trading commodities has long been a key component of global economies, providing investors with a wide range of assets to investigate. In this instructive blog, we delve into the commodity trading industry, examining its distinctive features, key players, and winning strategies.

Explore the commodities market and trade with Wealth Arbitrage to get the best returns.

Understanding Trading in Commodities:

Oil, gold, wheat, and natural gas are examples of commodities, which are real things that make up our daily lives. Buying and selling these raw materials on international exchanges is commodity trading. Commodities are a distinct asset class because, in contrast to other financial instruments, they are influenced by real-world supply and demand dynamics.

The Role of the Commodity Market:

Ware markets assume a basic part of the worldwide economy. They furnish makers with a stage to support against cost variances, empowering solidness in businesses vigorously dependent on unrefined components. In addition, commodity markets are an essential source of investment opportunities because they enable traders to diversify their portfolios and speculate on price movements.

Key Participants in Commodity Trading:

Commodity trading involves multiple stakeholders, each playing a crucial role. These include producers, consumers, traders, speculators, and commodity exchanges. Producers supply the commodities, consumers utilize them in various industries, traders facilitate transactions, speculators capitalize on price volatility, and commodity exchanges act as platforms for buying and selling.

Factors Impacting Item Costs:

Item costs are impacted by a bunch of variables, including worldwide market interest elements, international occasions, weather conditions, and macroeconomic pointers.

Understanding these factors is essential for successful commodity trading as they drive price movements and present lucrative trading opportunities.

Strategies for Commodity Trading Success with Wealth Arbitrage:

a. Fundamental Analysis: This strategy involves analyzing supply and demand fundamentals, geopolitical events, weather forecasts, and economic indicators to identify potential price movements. By staying informed about market dynamics, traders can make informed trading decisions.

b. Technical Analysis: Technical analysis involves studying price charts, patterns, and indicators to forecast future price movements. It helps traders identify trends, support, and resistance levels, and entry/exit points, providing valuable insights for decision-making.

c. Spread Trading: Spread trading involves simultaneously buying and selling related commodities to exploit price differentials. For example, a trader may buy crude oil futures and sell gasoline futures if they anticipate a widening spread between the two.

d. Seasonal Trading: Certain commodities exhibit seasonal patterns due to factors like weather and harvest cycles. Traders can capitalize on these patterns by entering positions aligned with historical price trends during specific times of the year.

e. Risk Management: Commodity trading involves inherent risks due to price volatility. Effective risk management strategies, such as setting stop-loss orders, diversifying portfolios, and managing leverage, are crucial for protecting capital and mitigating losses.

The Role of Wealth Arbitrage in Commodity Trading:

Wealth Arbitrage, a renowned trading portal can make your job a lot easier when it comes to investing in commodities. Using their platform you can trade in commodities and various other assets like stocks, crypto, etc. By leveraging its extensive network and market insights, Wealth Arbitrage enables investors to navigate the complexities of commodity trading with confidence along with an easy-to-use and interactive interface.

Commodity trading offers a realm of possibilities for investors seeking exposure to the global economy. Understanding the intricacies of commodity markets, and key influencers of prices, and implementing effective trading strategies are vital for success. 

Las Vegas Is Hosting f1 This Fall

Photo by David Vives

If there’s one term that is synonymous with Las Vegas it is the word entertainment. That’s because this vibrant and wide-awake city never sleeps and is always in the mood to offer its visitors something amusing.

This year, we can look forward to attending the Las Vegas Grand Prix which is going to gather fans of Formula 1 from all around the globe. If you’re looking for some more useful information when it comes to this, then keep reading and you’ll learn everything!

What To Expect?

After over four decades, F1 is returning to one of the most popular and vivid cities in the world, the spectacular Las Vegas. The last time something like this occurred in this city was back in 1982. From what I’ve heard, this event will be held at night, enabling this spectacular city to come alive and deliver a spectacular event that no visitor will ever forget.

There’s no doubt that Las Vegas is the place where the fun never ends, however, I would like to remind you that the first race is scheduled for November 18, 2023, at the Las Vegas Boulevard Track.  And then, once it’s over, avid Las Vegas lovers at Casino Jungle assume that a lot of people will either visit some of the most popular casinos in this city or will maybe resort to some late-night shopping. Whatever they decide to do, I am absolutely sure they will have the time of their lives.

So what’s up next? The day after November 18, fans of Formula 1 can look forward to a recovery brunch that’s going to be held at the Paddock Club. If by any chance you decide to buy pricier tickets, you will have the first five-day experience on Formula 1’s calendar.

So what does it mean? It means that you’ll get the chance to see some of the most renowned DJs, a brunch, and many other exciting things. 

Huge Names That Will Attend This Event

It’s safe to say that Las Vegas Grand Prix is going to welcome some of the biggest names when it comes to F1. From what I know, fans can look forward to seeing headliners such as seven-time world champion, Lewis Hamilton, Red Bull’s four-time Grand Prix winner Sergio Perez, George Russel, and Williams racer Alex Albon. 

Apart from seeing these legends, fans will also get the opportunity to try out Formula 1 Esports automobiles, and simulators, be part of the F1 Pit Stop Challenge, and many other exciting things.

What About The Tickets?

If you want to attend this event without breaking the bank, then you’ll need $500, which includes complimentary foods and non-alcoholic drinks. On the other hand, if you would like to level up this experience, then you can always opt for a $15,000 ticket, which gives you access to the opening ceremonies, club, transportation to this city, unforgettable Formula 1 experiences, a variety of delicious foods and drinks, concierge services, etc.

I am positively sure that Las Vegas is not going to disappoint this year and is going to throw one of the most sensational racing spectacles ever. Therefore, if you want to be part of it, then be sure to purchase your tickets as soon as possible.

FCF Markets review: Get your Forex account authenticated with ease in FCF Markets

Authenticating your trading account is very crucial when it comes to forex trading. Not many of us understand the importance of account authentication, but as per regulatory terms, an authenticated account will be a very safe way to keep your Forex brokerage platform free from cyber attacks. Account authentication also gives a lot of security to the traders as well. Suppose that there is a hacker who has created an account on the Forex brokerage platform then they can go ahead and breach the platform and pilfer funds from other accounts. Hence, FCF Markets has a strict account authentication process – through document and background verification – to ensure trader’s safety. FCF Markets review stresses the simplicity in terms of the number of documents collected – thus making account authentication – simpler. 

In this article, we’ll list out the three important reasons why the account authentication stage is highly crucial for every trader in a forex platform. Then we’ll find out what different documents need to be produced for the account authentication.

Why is account authentication crucial for the Forex brokerage platform?

  • Other than the safety mentioned above, the key point to be highlighted here is anti-money laundering. Account authentication in the forex platforms helps in preventing anti-money laundering and allowing the brokerage platforms to stay compliant with the regulatory laws of their country.
  • During the account opening process, a lot of details are requested which need to be verified to ensure that the details being provided are true. With the help of the account authentication process, if any details are false then they can be rectified right away. Details like e-mail and phone number are important as they are used to communicate with the trader. Hence it is always required. As a best practice to authenticate your account – before you get started with trading.
  • Account personalization is another reason why your document verification is important. Based on your background, different ways can be instrumented, to personalize the forex trading experience for you. Be it with the help of better account options or leverage – FCF Markets has been quite a leader in this aspect for some time now. 

FCF Markets: Documents needed for account authentication

Following is the list of the documents that are required for the account authentication:

  1. A personal identification proof, which has to be the national ID as shared by the country’s government agency. Make sure that the name written on the ID proof is legible and that it should be the same as the one you entered during the account opening process. 
  2. A residential address which could either be a utility bill being shared by you or the bank statement for the last 3 months – with the address and the date of the issue mentioned. 
  3. If you are a foreigner who’s looking forward to opening an account, then your passport will also be required. The passport should display your passport number. 

CHEVROLET NCS AT CHARLOTTE: Chase Elliott Press Conference Transcript

NASCAR CUP SERIES
CHARLOTTE MOTOR SPEEDWAY
COCA-COLA 600TEAM CHEVY PRESS CONF. TRANSCRIPT
MAY 27, 2023

CHASE ELLIOTT, NO. 9 NAPA PATRIOTIC CAMARO ZL1 – Media Availability at Charlotte Motor Speedway:

A FEW WEEKS AGO, YOU SAID YOU HAVEN’T BEEN LOOKING AT POINTS. NOW THAT YOU’RE GETTING A LITTLE BIT CLOSER TO THE CUTOFF, I’M CURIOUS IF YOU’VE TAKEN ANY MORE OF A LOOK AT IT IN THE LAST COUPLE OF WEEKS?

“I haven’t, really. I hear people talking about it.. that we were I guess somewhere closer and within reach of pointing our way in. But no, I haven’t been paying much attention to it. Really just trying to run better and get some stage points. To me, that’s probably been the biggest thing that we haven’t done, aside from winning. But we haven’t been getting a lot of stage points. We got some at Talladega and a pretty big chunk, but that’s really been about it. We’ve had some decent finishes, but not a lot of stage points.

What did you say.. 63 points?”

YES, 63 POINTS BEHIND 16TH RIGHT NOW WITH 13 RACES TO GO.

“Obviously there’s still some stuff going on there right because you have Alex (Bowman), who’s been out, and opportunities for new winners, too. It sounds like 63 points is attainable in 13 weeks, but I think a lot can happen. My goals don’t really change either way. Your best chance of having a shot at the championship is to go and put yourself in position to win races, and same for gaining the most amount of points you can have. If you’re running up front and in the mix of winning, those are the guys that are getting the most points every week. So to me, it’s all one in the same.”

IT’S BEEN SIX RACES, INCLUDING THE ALL-STAR RACE, THAT YOU’VE BEEN BACK BEHIND THE WHEEL. HOW DO YOU FEEL PHYSICALLY GETTING BACK INTO THE SWING OF THINGS? DO YOU FEEL MORE CAUGHT UP TO SPEED, SO TO SPEAK, WITH THE PACK?

“Yeah, I do. I don’t feel any different, honestly. I don’t even really feel like I missed any time, just from driving. I think the things that I haven’t done well, I wasn’t doing well before I got hurt, too. I think all that stuff is very much back on pace.

In the car, physically driving, I don’t feel any bit different than I did last season or the beginning of this year. I feel like all of that is very normal. Certainly outside of the car and just getting back to being 100 percent physically, it’s a long recovery. If I was playing a stick-and-ball sport, it would still be months from doing those things. So fortunately we’re in a position in these cars that – and I’ve said this – your leg is in a pretty good spot and it’s pretty secure, too. You could be in a much more compromised situation, for sure. Just lucky that’s the reality for us and in what we do, and I could get back to work.”

WHERE IS THE NO. 9 TEAM, IN TERMS OF PERFORMANCE? WHAT’S THE BIGGEST THING YOU GUYS HAVE BEEN TRYING TO FOCUS ON?

“Well, stage points being one. And I think some of that comes with how you qualify. So yeah, qualifying has been really pour for me for probably six months or more. Unfortunately that trend has continued. I think that’s the big one, for sure. That impacts your pit pick – your pit pick you have to live with throughout the entire race. But yeah, qualifying a little better and stage points. And certainly want to run better in the races, too. I feel like some of the components have been there. Our pit stops have been really good this year. I feel like Alan (Gustafson, crew chief) and everybody has called good races. I think it’s really just on me to do a better job and make sure I’m giving those guys the information that they need to make our car better, and then ultimately to go put down a faster lap in qualifying. Just trying to fine tune all of those little pieces. I think the pieces of the puzzle are there and our team has been performing really well in all of the areas that don’t necessarily pertain to me. So I’ve been super pleased with all of that and just trying to push and get a little better on my end to make sure I’m bringing my part to the table.”

HENDRICK MOTORSPORTS HAS LED THE MOST LAPS. AT THIS RACE TRACK, HMS IS SO GOOD. IS THERE ANY REASON TO THINK THIS ISN’T A TYPICAL YEAR WHERE ONE OF THE HMS CARS WOULD WIN AT CHARLOTTE MOTOR SPEEDWAY IN THE COCA-COLA 600?

“Yeah, I certainly would like to think so, right? That betters my chances. Yeah, it’s been a really good track for Hendrick Motorsports over the years, even before I was around. I hope that those trends continue. Obviously I think you have to look at more recent history now to gauge where things are, especially since the Next Gen car has been implemented. And then even more recent than that, looking at this season – I feel like the 1.5-mile program has been solid as a whole for Chevrolet, which is a good thing, and also very solid for Hendrick Motorsports, in particular with William (Byron), Kyle (Larson) and Alex (Bowman), as well, before he got hurt. I think that’s been a strong suit, so would love to capitalize on that. I think it’s a place where we can come and run well at. I know one of our cars did the test here a couple of months ago or whenever they had it, so have some notes and information to look back on from that, so that’s always a help coming into the weekend. Just try to put together 600 miles and be around there for those last 100 to have a shot.”

YOU’VE SAID IT’S THE LONGEST RACE OF THE SEASON, BUT IT DOESN’T FEEL THAT WAY TO YOU? IS THAT TRUE WHEN YOU’RE RACING IT.. THAT IT DOESN’T FEEL THAT LONG?

“It really doesn’t. It is a long race, for sure. But I don’t know.. from the driver’s seat, I just feel like a lot of times when you’re running this race – which I feel like I’ve crashed out of quite a few of them. I did last year.. I think I was out before halfway last year. I guess it’s been a couple of years since I’ve finished one. But the couple that I have finished, I just feel like – it might seem a little longer, but you’re just so honed in on what’s going on right now, that next pit stop and just focused on that next task, so it makes it go by pretty fast from the driver’s seat, in my experience. Hopefully that’s the case again. Typically if things are going good, it goes by quicker. If you’re really struggling and having a hard time, it can make it go by slower. Hopefully we’re on the good end of that.”

HOW IMPORTANT IS IT TO HAVE THE WHOLE HENDRICK MOTORSPORTS’ CAMP BACK FOR THE FIRST TIME SINCE AUTO CLUB SPEEDWAY?

“Yeah, it’s just nice to be back to normal. I feel like everything at our campus over there has just been a little chaotic in one way or another right – with me getting hurt and just kind of not knowing when I was going to be able to come back and talking through all of that stuff. I feel like everybody over there did a great job handling it and same for Alex’s (Bowman) injury, too. But it’s just extra work, you know, that you don’t want to have to do – more questions to answer and I think a little bit of just a distraction more than anything. But fortunately or unfortunately, we’ve gotten well-versed in this category this year. Hopefully that’s the end of it, at least for this season. The good news is that there’s a lot of racing left. You have the entire summer stretch into early fall before the playoffs start, so plenty of time to get done what you’re going to get done and to figure out how you’re going to run and whether or not you’re going to be a contender or not. Those things don’t just change overnight, so plenty of time to get back on track if that’s what we’re going to do. I certainly feel like we can as a group and as a company and particularly in the No. 9 camp, too.”

YOU HAD A REMARKABLE SEASON LAST YEAR WITH FIVE WINS, BUT WE KIND OF EXPECT YOU TO BE THIS ROAD COURSE WARRIOR ONCE WE GET TO THOSE TYPES OF TRACKS JUST GIVEN YOUR SUCCESS THERE IN THE PAST. DID THE NEW CAR HAVE ANYTHING TO DO WITH NOT GETTING THE WINS ON THE ROAD COURSES LIKE YOU HAD IN THE PAST?

“No, we talked about this some last year and I feel like I answered this question then, too. I told y’all when we were winning all those road course races that I didn’t feel like I was doing anything special. We had a good package that worked out and it just suited me at the time. I don’t think I did anything special or spectacular. I tried to make sure everyone understood that. I just think as time goes on, everybody gets better and improves. Certainly coming in with a new car, you kind of have to re-baseline on some of those things – those thoughts and ideas that were working for us. You just can’t copy and paste those things, and all the little small details that I feel like we did a good of exceling at. So yeah, it’s just different. It’s definitely different everywhere, but certainly the road courses are no different in that regard.

I guess to answer your question – yes, I would say the new car and all the changes that came along with that, and then combining that with everyone just getting better in the garage, too.”

DID THE CAR FEEL CONSIDERABLY DIFFERENT WHEN YOU WERE AT SONOMA RACEWAY?

“Yeah, the car feels pretty different everywhere that I remember last year. To me, it was a complete departure from anything we had driven in the past in the NASCAR world. It’s just a different animal. The thing is just different, for sure, good or bad. It kind of has its own way now.”

HOW HAVE YOU BEEN ABLE TO GET BACK INTO A CONDITION WHERE YOU KIND OF FEEL LIKE YOU’RE AT 100 PERCENT?

“Well I think racing is the biggest piece of that puzzle, right? I sat around for six weeks or better there before Martinsville and I was hurting for sure after that. But even when you’re in good shape and you have good weeks of preparation, you can still go through a race weekend and certain events, temperatures or whatever can fatigue you more than others. I think it depends on the weekend. The good news is for Alex (Bowman) and probably me too with still trying to get back in the groove of things – it’s kind of cool here this weekend and obviously the rain coming through can impact that, as well. The summer stretch is going to be tough.. it always is. But Alex is in good shape and he hasn’t really been out that long. It’s only been four weeks, so I think he’s going to be fine. Like I said, he’s in good shape, so I don’t think he’s going to have a problem.”



About Chevrolet
Founded in 1911 in Detroit, Chevrolet is now one of the world’s largest car brands, available in 79 countries with more than 3.2 million cars and trucks sold in 2020. Chevrolet models include electric and fuel-efficient vehicles that feature engaging performance, design that makes the heart beat, passive and active safety features and easy-to-use technology, all at a value. More information on Chevrolet models can be found at www.chevrolet.com.