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...Motor Sport Council (WMSC) meeting at the Paris headquarters of the International Automobile Federation (FIA), global motorsport's governing body, on Thursday slapped the team with a record $100 million fine over the possession by McLaren's former chief designer of confidential technical data belonging to fierce rival team Ferrari. McLaren was also stripped of its points in this year's constructors' race, effectively handing that title to Ferrari. Still, things could have been worse: McLaren had faced the possibility of being booted out of the drivers' championship for this year and next, but both Hamilton and Alonso are free...

Author: /time Magazine | Title: A Record Fine for Formula One | 9/13/2007 | See Source »

...clear yet what exactly McLaren did wrong. (The WMSC is set to publish its findings Friday.) But it emerged in July that Mike Coughlan, McLaren's now suspended chief designer, had obtained almost 800 pages of secret documents on Ferrari's racecar. The documents, Ferrari says, came from Nigel Stepney, its since sacked performance director, who denies the charge. At a hearing later that month, the WMSC found McLaren guilty of fraudulent conduct. But without sufficient evidence that the team benefited from the leaked data, McLaren escaped any penalty. New evidence, presented to the WMSC at Thursday's hearing, reportedly...

Author: /time Magazine | Title: A Record Fine for Formula One | 9/13/2007 | See Source »

...Modena where he was born. As word of his death spread, the singer was remembered both by experts and ordinary folks for reinvigorating and reinventing (some critics would say, ruining) the classical art form of opera, or la musica lirica, that was born here in the 17th century. "Like Ferrari, he was the symbol of Italy in the world," said noted music critic Mario Luzzato Fegiz. "He was admired for his talent, for his capacity to be a tenor without pretensions, to be close to the people...

Author: /time Magazine | Title: Luciano Pavarotti Dies at 71 | 9/6/2007 | See Source »

Davidson, 64, carries an air of peremptory self-assurance. He unself-consciously enjoys his place in the plutocracy. During a tour of the Lake Tahoe manse he and Jan, 63, call Glen Eagle, he showed me his red Ferrari, his private theater and the two 32-ft. totem poles just inside the entry. They are made from cedar at least 750 years old and feature carvings of the Davidsons and their three kids, who are now grown. Bob sees his work for the gifted as akin to the patronage that sustained the artists and inventors of the Renaissance. His view...

Author: /time Magazine | Title: Are We Failing Our Geniuses? | 8/16/2007 | See Source »

...SMKs. Life at the Operation: Military Kids camp is like any other summer program; the kids canoe, have sing-alongs around the campfire, and roast marshmallows. But unlike most camps, there are also evening hikes with night-vision goggles, helicopter rides and even visits from top military officials. Ferrari says talk of war isn't programmed into activities but occurs spontaneously during interaction amongst campers. "It comes out at the cabins at night," she says, "or at the craft center you hear them talk about it: 'Hey, my dad is in Iraq...

Author: /time Magazine | Title: The New Children of War | 7/31/2007 | See Source »

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