Second-generation racer Colton Herta became the youngest winner in Indy car history today at the Circuit of the Americas, taking advantage of a late-race yellow flag to score his first NTT IndyCar Series victory in just his third race start.
Herta, son of former Honda Indy car and Acura sports car racer Bryan Herta, started fourth and kept his Harding Steinbrenner Racing Honda in the lead pack throughout the caution-free first 43 laps of today’s 60-lap contest. For those 44 laps, tire management was the key for drivers and teams in the first visit of the IndyCar Series to the challenging COTA circuit.
But the complexion of the race changed dramatically on Lap 44, when contact between rookie Felix Rosenqvist and James Hinchcliffe sent the former into the barriers, resulting in the first and only caution period of the race. Herta, who had just made his final scheduled pit stop, cycled to the front of the field as leaders Will Power, Alexander Rossi and Scott Dixon were forced to make their final stops during the caution.
In addition to Power, Rossi and Dixon – who were running first, second and third at the time – Rosenqvist and Hinchcliffe also had to stop for repairs, while a mechanical issue for Power during his pit stop ended his race.
When the green flag waved for the final time on Lap 50, Herta pulled away to an initial 2.5-second lead over Newgarden, while Ryan Hunter-Reay and Graham Rahal briefly battled over third place. Driving like a veteran, Herta extended his advantage to nearly four seconds, while Hunter-Reay pulled away from Rahal and closed on Newgarden for second. Meanwhile Rossi, who had taken the restart in 14th, put on a spectacular recovery drive that saw him gain five positions in the final 10 laps.
While Newgarden held on for second at the checkers, Honda drivers dominated the top-10 finishing order with Hunter-Reay finishing third, followed by Rahal, Sebastien Bourdais, Marco Andretti and Takuma Sato in seventh. Rossi crossed the finish line in ninth, just ahead of Jack Harvey, as the second-year Indy car driver rounded out the top 10 for Honda.
At age 18, Herta breaks the record previously held by Rahal, who scored his first Indy car victory at the 2008 Honda Grand Prix of St. Petersburg, when he was 19 years old.
The NTT IndyCar Series now takes a week off before heading to Barber Motorsports Park, just outside of Birmingham, Alabama, for the April 7 Honda Indy Grand Prix of Alabama. The third round of the 17-race championship will be televised live on the NBC Sports Network, starting at 4 p.m. EDT.
Social media content and video links from this weekend’s Honda IndyCar Series action from the Circuit of the Americas are available on HPD’s Facebook (https://www.facebook.com/HondaRacingHPD) and Twitter (https://twitter.com/HondaRacing_HPD) channels. Produced by the Carolinas Production Group, YouTube video packages can be found at: https://www.youtube.com/user/HondaRacingHPDTV
Colton Herta(Harding Steinbrenner Racing) Started fourth, finished first, at age 18, surpasses Graham Rahal as youngest Indy car winner in series history: “My team had a terrific strategy, but we weren’t expecting [a win]. I thought we were going to get a podium, we were going to get third. I think we had the pace for that. But that yellow came out at the perfect time for us. Holy cow, I am worn out! That restart at the end [with 10 laps to go] just finished me off. After the last restart, I knew we had good pace. All day long, we were fast in the early laps, then faded towards the end [of a stint]. So on the restart, we were really quick. Just a spectacular day.”
Ryan Hunter-Reay(Andretti Autosport Honda) Started third, finished third: “It was a tough race. I had to struggle a little bit. We dialed some front wing into it to try and fix the understeer, so then the car was a little bit loose. At the end there, I thought we were a little bit faster than Josef Newgarden, but he did a really good job of keeping me behind him. But hats off to Colton Herta, the youngest-ever Indy car winner. From the first day of the open test, everybody was like ‘what is he on, a different tire or something?’ He did a great job, put his head down all weekend and made no mistakes. Perhaps we could’ve been a bit better, but we’ll take the [championship] points and move on. Great first weekend here at COTA, we had a good [fan] turnout, and we’ll come back better next year.”
Art St. Cyr(President, Honda Performance Development) on his final race as president of HPD: “It was a very entertaining and historic first Indy car race here at COTA, with Colton becoming the youngest-ever winner. He has shown that the future of the IndyCar Series is bright, as the young rookies engaged established veterans in entertaining battles all day long. Congratulations to Colton and the Harding Steinbrenner team on their victory, congratulations also to Ryan on his recovery from an unfortunate result in St. Petersburg. Congratulations to all our HPD associates for placing eight of the top ten finishers, including tremendous drives from Graham and Sebastien to round out the top five, and to Alexander, who deserved a much better result than ninth.” [Ted Klaus moves from Honda R&D to take over as HPD president on April 1].
SOURCE Honda Racing/HPD
OKX Proof of Reserves Ranked Highest Quality Among Major Exchanges as 11th Consecutive Monthly Reserves Report is Published
OKX, a leading global Web3 technology company and crypto exchange, has published its industry-best 11th consecutive monthly Proof of Reserves (PoR), showing balances of USD$11.2 billion in primary assets, as its PoR was given the highest quality rating among major exchanges.
OKX’s latest PoR comes days after Castle Island Ventures partner and blockchain and Proof of Reserves expert Nic Carter ranked OKX highest of all major centralized exchanges on its quality of Proof of Reserves. In his ranking, he cited OKX’s credibility, knowledge of leadership, demonstrated commitment to transparency and overall PoR quality as reasons for his positive assessment.
OKX’s PoR covers 22 commonly used digital assets and shows that OKX has maintained a reserve ratio exceeding 100% for 11 consecutive months across all those assets. In addition to BTC, ETH and USDT, the assets included are: USDC, XRP, DOGE, SOL, OKB, APT, DASH, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX and UNI.
OKX’s current reserve ratios are as follows:
- BTC: 102%
- ETH: 103%
- USDT: 102%
OKX Global Chief Commercial Officer Lennix Lai said: “With our 11th consecutive Proof of Reserves report, we are reaffirming our unwavering commitment to greater transparency and trust within the crypto industry. At OKX, we believe that integrity is the cornerstone of our success, and our PoR stands as a testament to our dedication to safeguarding user assets. As we approach a full calendar year of consecutive PoR releases, we have never been more committed to continuing to raise the bar for transparency in our sector.”
In August, OKX conducted two Twitter surveys to measure the sentiment of the online community with regards to the importance of PoR and transparency. Poll results showed that 84% of respondents say monthly PoR reports are either ‘somewhat important’ or ‘very important‘ and 88% state that transparency is either ‘somewhat important’ or ‘very important’ when choosing which crypto platform to trust.
OKX has seen hundreds of thousands of users engage with its PoR, visit its PoR page and view their self-audits since first launching its PoR page in late 2022. The open-source verification tool allows users to independently verify OKX’s solvency and confirm their assets are backed by OKX reserves while maintaining their privacy.
OKX has published over 210,000 addresses for its PoR program, and will continue to allow the public to view its asset flows.
Users can view the latest PoR report, reserve ratios, and verify OKX’s solvency here.
ACX’s technology to power Indonesia Carbon Exchange
ACX (AirCarbon Exchange), operating its proprietary regulated environmental asset trading platform, is the technology provider for Indonesia’s carbon exchange hosted and operated by the Indonesia Stock Exchange (IDX) after a competitive Request for Proposal process.
Launched on 26th September 2023, with its first carbon trades, Indonesia’s official carbon exchange, IDXCarbon, will play a vital role in reducing Indonesia’s carbon emissions and driving Indonesia’s transition to reach net zero emissions by 2060.
“With ACX support, IDXCarbon has reached a key milestone towards achieving net zero emission in 2060 or sooner. We anticipate a thriving and enduring collaboration with ACX that will continue to drive innovation and success, as the Indonesian carbon market develops.” said Iman Rachman, President Director of IDX.
IDXCarbon has been customised by ACX to meet the country’s unique requirements, as well as aligned with Indonesian institutions, including the National Registry System for Climate Change Control (SRN-PPI). This will ensure the exchange is compliant with Indonesia’s standards and procedures, as well as the requirements recently established by the OJK, the country’s financial services authority. ACX provides a complete end-to-end solution that utilises blockchain technology to ensure the transparency and auditability of all trades transacted on the exchange. With that, the exchange will play a central role and promote transparency, accountability, and efficiency in the Indonesian carbon market.
“We are honoured to be the technology provider for Indonesia’s carbon exchange and to contribute towards the country’s vision of a fair and inclusive carbon ecosystem,” said Thomas McMahon, co-CEO and co-Founder of ACX. “Our end-to-end solution will enable the exchange to provide comprehensive services. This will make it easier for companies to access and participate in the carbon market, ultimately driving down Indonesia’s carbon emissions and contributing to global sustainability efforts.”
Hum Wei Mei, Head of APAC and Global Head of Environmental Products, said: “Indonesia has a critical role to play in international climate action while IDXCarbon is at the heart of ensuring that Indonesia’s carbon market progresses as envisioned. As the technology provider to IDXCarbon, ACX is committed to working closely with IDX to implement a highly customised, iconic and state-of-the-art carbon exchange which will act as critical supporting infrastructure for Indonesia’s long-term plans & interests in emissions trading, carbon markets & climate action.”
With a global footprint covering Asia, the Middle East, Europe, North and South America, ACX has demonstrated itself to be a leading technology provider with a proven track record of designing and implementing carbon trading system worldwide, leveraging the company’s expertise and experience to ensure a robust and reliable platform for trading environmental assets.
Nex News Network Launches World’s First Blockchain-Integrated Web3 and Metaverse News Platform
Nex News Network, the pioneering media organization, is proud to announce the launch of its groundbreaking platform, revolutionizing the way news and media are consumed. This year marks a momentous milestone as Nex News Network becomes the world’s first-ever blockchain integrated, Web3, and Metaverse news and media platform. With a fusion of cutting-edge technology and visionary media strategies, Nex News Network is set to redefine the media landscape.
A New Era in Media Industry: Nex News Network’s Unique Offering
Nex News Network has embarked on an extraordinary journey to bring the future of media to the present. As a trailblazer in the industry, the platform integrates blockchain technology, Web3, and Metaverse, delivering an unparalleled experience to users. This year, Nex News Network establishes itself as the vanguard in news and media, providing a platform that seamlessly connects diverse sources of information, making them accessible from anywhere, on any device.
Innovative Media Revolution
Nex News Network introduces a unique animation concept that transforms the traditional news and media industry. With this innovation, the animation seamlessly integrates with media and news content, sparking a revolutionary shift in how information is consumed. This innovation not only redefines the media industry but also catalyzes a new era of interaction, engagement, and understanding.
Empowering Users and Advertisers
Nex News Network brings a new dimension to user experience by creating an integrated platform that caters to a diverse range of interests and categories. Users can explore validated blockchain content, industry news, directories, event information, technology updates, and more. For advertisers, Nex News Network offers direct access to their target audience, bypassing intermediaries and providing real-time performance data for smarter decision-making.
With its focus on blockchain integration, Web3, and Metaverse, Nex News Network embraces the future of digital content. The Metaverse, an advanced digital realm, complements the platform, creating immersive experiences through augmented reality (AR), virtual reality (VR), and artificial intelligence (AI). Nex News Network pioneers the way for this interconnected digital world, offering users a new dimension of engagement and exploration.
A Call to the Future
Nex News Network is poised to reshape the media industry by introducing blockchain integration, Web3, and Metaverse technology. Through its visionary leadership, dedication to user experience, and commitment to innovation, Nex News Network is laying the foundation for a new era in news and media consumption. As the world’s first blockchain-integrated Web3, and Metaverse news platform, Nex News Network stands ready to redefine the media landscape.
Setting the Stage with NexNews Network – A New Era in Media Consumption and Engagement
NexNews Network pioneers a transformative approach to media consumption, driven by innovation and led by a dedicated team. With a focus on user experience, NexNews Network creates a dynamic space where users can seamlessly access news and media sources from various categories, transcending traditional boundaries.
Visionary Leadership – Founder Aakash Jugraj and the Power of Innovation
Under the visionary leadership of Aakash Jugraj, NexNews Network has positioned itself as a trailblazer in the industry. Backed by the reputable Shivaksh Media Group of Companies, the platform represents a fusion of expertise and innovation that sets a new benchmark for media excellence.
Founder Aakash Jugraj – A Driving Force for Media Innovation
At the helm of NexNews Network is Founder Aakash Jugraj, a visionary entrepreneur with a deep-rooted commitment to revolutionizing the media landscape. His forward-thinking approach has driven the platform’s mission to redefine publication creation, distribution, and consumption using Web3, Blockchain & Metaverse technologies.of Companies.
Aakash Jugraj, the driving force behind NexNews Network, envisions a media ecosystem that champions transparency, authenticity, and user-centric experiences. His vision aligns seamlessly with the ethos of Shivaksh Media Group of Companies, creating a formidable alliance for media innovation.
Continuous Industry Evolution: NexNews Network’s Transformative Role
NexNews Network signifies a departure from traditional media models, offering a continuous industry experience that transcends conventional boundaries. The platform’s transformative capabilities make it a pioneering force in providing a new-age media ecosystem that empowers users with unparalleled access and engagement.
Technology at the Forefront: Nex News Network’s Secure and Transparent Platform
Technologically adept, NexNews Network harnesses the power of blockchain integration, Web3, and Metaverse to ensure the highest level of security, authenticity, and transparency. This technological synergy enables users to engage with news and media content with utmost confidence.
Personalized User Experience – NexNews Network’s Tailored Approach
Through NexNews Network, users will enjoy a distinctly personalized experience. The platform’s integration of blockchain technology ensures that users can consume news and media content that aligns precisely with their interests, fostering deeper engagement and resonance.
Empowering Advertisers: Nex News Network Effective Advertising Platform
Advertisers will benefit from NexNews Network’s innovative approach by accessing a tailored platform that enables direct engagement with their target audience. The blockchain integration ensures a transparent and effective advertising experience, enabling advertisers to refine their strategies based on real-time performance data.
NexNews Network is poised to play a pivotal role in the upcoming election season. With its unique blend of blockchain integration, Web3, and Metaverse, the platform will facilitate informed decision-making by providing accurate and transparent information to voters.
- OKX Proof of Reserves Ranked Highest Quality Among Major Exchanges as 11th Consecutive Monthly Reserves Report is Published
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