Miami, FL
Miami GP: Red Bull Adrian Newey drama set to cause tension as Mercedes, McLaren bring upgrades to Sprint weekend
Ahead of this weekend’s Miami Grand Prix, Sky Sports F1 analyse the biggest talking points going into sixth round of the 2024 Formula 1 season.
The F1 news cycle appeared to have calmed over recent weeks following a frantic start to the season, but a series of developments since the Chinese Grand Prix have set off more drama.
Reports that legendary designer Adrian Newey has decided to leave Red Bull will undoubtedly create renewed doubt over world championship leader Max Verstappen’s future with the team.
Sauber’s announcement that they have signed Nico Hulkenberg from Haas for the 2025 season ahead of their transition to becoming Audi in 2026 is likely to stimulate further movement in the driver market.
On the track, Verstappen will be seeking to create more history as he looks to continue his dominant start to the season.
However, the fact that Miami is hosting a Sprint weekend for the first time could create unpredictability and a threat to the Dutchman’s streak of pole positions.
Despite their weakest weekend of the season so far in China, Ferrari will be hopeful of bouncing back, but must be careful that a growingly fierce battle on track between Charles Leclerc and Carlos Sainz doesn’t reduce their chances.
Every session is live on Sky Sports F1, with the competitive action getting under way with Sprint Qualifying at 9.30pm on Friday night.
Newey bombshell puts spotlight back on Red Bull
When the most spectacular paddock on the calendar, in the Miami Dolphins’ Hard Rock Stadium, begins to fill with F1 personnel on Thursday, there is little doubt that Newey’s reported desire to leave Red Bull will be at the top of the agenda.
There had been murmurings for a while that the 65-year-old may not be completely happy, but Thursday’s reports that he has decided he wants to leave will have sent shockwaves through the sport.
On a pure performance basis, F1’s best designer leaving a team that is enjoying one of the most dominant spells in the sport’s history is promising for those who desire more competitive racing at the front of the grid.
Beyond the sporting impact, the fact that Newey’s desire to leave is reported to be directly related to how he feels about Christian Horner is likely to put renewed pressure on the Red Bull team principal.
There has been a period of sustained turbulence at Red Bull following the investigation earlier this year by their Austrian parent company into allegations of inappropriate behaviour against Horner by a female colleague.
The grievance against Horner, who has always denied the claims, was dismissed on February 28. The woman who brought the complaint has since appealed the outcome.
Pressure on Horner could be increased by the reaction of Verstappen, who is unlikely to be happy about the prospect of Newey’s departure.
Despite Verstappen’s contract running until 2028, he is understood to hold exit clauses and Newey’s exit will only increase doubt over whether the Dutchman will see out the deal.
Outside of Red Bull, it will also be interesting to see how potential suitors for Newey, such as Ferrari and Aston Martin, will react to the news.
Hulkenberg move to energise driver market?
Another topic of discussion in the paddock will be the driver market, after Hulkenberg’s switch from Haas to Sauber altered the landscape.
While the German’s move – ahead of Sauber’s transition to becoming Audi in 2026 – was widely expected, confirmation of it could trigger a flurry of movement in F1’s remarkably fluid 2025 market.
Hulkenberg is the 10th driver to be confirmed for the 2025 grid, which means half of the seats are still to be filled.
At least one of Valtteri Bottas and Zhou Guanyu won’t be driving for Sauber in 2025, which will no doubt intensify their representatives attempts to find options for next year.
Hulkenberg’s departure from Haas also opens the door for British teenager Oliver Bearman to make the step up from F2 following his hugely impressive debut for Ferrari when Sainz was unable to race in Saudi Arabia.
While there could be more movement in the seats expected to be towards the rear of the grid, it is Sainz who looks set to dictate much of what may happen at the sharp end.
The Spaniard would appear to have several options after making a strong start to the final season of his stint with Ferrari.
Ferrari duo set to continue battle… in blue
Sainz’s impressive form, punctuated by a victory in Australia, has set up an intriguing battle at Ferrari with his team-mate Leclerc under pressure to prove he was the right choice to remain at the team alongside Lewis Hamilton next year.
While the pair were engaged in some thrilling battles on track last season, the fact that Sainz is leaving the team and doesn’t need to worry too much about the consequences of his actions means the gloves are off.
Leclerc was upset by the way Sainz defended against him, as he was forced off track by his team-mate during the Sprint in China.
A day later in the race, Leclerc appeared to return the favour as he forced Sainz off at the first corner in an incident which saw both Ferraris lose places.
This time it was Sainz who was unamused, as he appeared to refrain from fully expressing his frustrations in his post-race interview with Sky Sports F1.
While the affable duo, who get on well away from the track, are likely to play down the incidents when they face the media in Miami on Thursday, the contest is worth keeping a close eye once their visors go down on Friday.
Viewers will need to be extra sharp to keep track of the Ferraris, as they run a one-off blue livery to publicise the agreement of a title sponsorship deal with American technology company HP.
Verstappen’s chance to surpass Hamilton
Amid the considerable noise around Red Bull, Verstappen is maintaining an incredible level of performance.
The Dutchman’s pole in China was his sixth in a row, creating the longest streak of his career. In Miami, he can level the seven successive poles that Lewis Hamilton, Michael Schumacher and Alain Prost each managed, and is two short of Ayrton Senna’s all-time record.
He has won four out of five races this season and may well have also triumphed in Australia were it not for a brake issue forcing him out of the contest.
While Verstappen has largely insisted that records aren’t of huge importance to him as he attempts to stay in the moment, there is an eye-catching feat he could pull off in Miami.
If he were to claim the 59th win of his F1 career on Sunday, Verstappen would move above Hamilton into fourth on career-win percentage.
The 26-year-old has currently won 30.53 per cent of his races, but that number would increase to 30.89. Hamilton is on 30.56 per cent for his career, but seems highly likely to dip lower, with his wait for a first win since December 2021 set to continue.
Will Mercedes, McLaren upgrades have a major impact?
While victory seems an entirely unrealistic prospect for Hamilton following Mercedes’ dismal start to the season, the seven-time world champion’s hopes could at least be boosted by the arrival of upgrades for the W15.
Mercedes’ only top-five finish at the first five races was delivered by George Russell in Bahrain, while Hamilton has failed to finish higher than ninth since coming seventh at the season-opener.
It’s unlikely that these early-season upgrades will make a huge impact, but given the tight margins we’ve seen between Mercedes and Aston Martin, the Silver Arrows could at least make ground in that battle.
The other issue for Mercedes is that they won’t be the only team bringing upgrades, with McLaren, for one, having also confirmed updates are coming to the MCL38.
McLaren will also not expect enormous gains but having seen Lando Norris claim a brilliant second behind Verstappen in China, will be hopeful of at least slightly closing the gap to Red Bull.
Teams bringing upgrades will face the additional challenge of attempting to find an optimal car setup with the new parts after just 60 minutes of practice, given Miami is hosting a second successive F1 Sprint weekend.
The new Sprint format, which seemed to get the thumbs up from most after its debut in China, will at least allow for teams to alter their setups when the cars are released from parc ferme following Saturday’s Sprint, and ahead of full qualifying.
Sky Sports F1’s live Miami GP schedule
Thursday May 2
6.30pm: Drivers’ press conference
Friday May 3
3pm: F1 Academy Practice 1
5pm: Miami GP Practice One (session starts at 5.30pm)
8.20pm: F1 Academy Practice 2
9pm: Miami GP Sprint Qualifying (session starts at 9:30pm)
Saturday May 4
3.25pm: F1 Academy Qualifying
4pm: Miami GP Sprint (race starts at 5pm)
6.30pm: Ted’s Sprint Notebook
7.05pm: F1 Academy Race 1
8pm: Miami GP Qualifying build-up
9pm: Miami GP Qualifying
11pm: Ted’s Qualifying Notebook
Sunday May 5
6.05pm: F1 Academy Race 2
7.30pm: Grand Prix Sunday Miami GP build-up
9pm: The MIAMI GRAND PRIX
11pm: Chequered Flag: Miami GP reaction
Midnight: Ted’s Notebook
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Miami, FL
Miami biotech executive was followed into his condo by man who allegedly threw him from 25th floor
A Miami biotech executive was followed into the skyscraper where he lived by the man, accused of pushing him off the building’s 25th floor, newly-released surveillance video shows.
Justin Zelin, 35, was seen walking into Miami Beach’s 47-story Akoya Condominium with a bearded man Corey Hutterli, 37, following behind on Feb. 12 — three days before his death, NBC6 reported.
Zelin, who was wearing a casual outfit, threw away some trash in a garbage can before walking up to the entry door in the high-rise condominium’s parking lot, unaware he would fall to his death.
Hutterli, who was wearing a bucket hat, was following closely behind, carrying bottles of alcohol.
Just three days later, Harvard graduate Zelin called 911 to report a disturbance. During the call, he ordered Hutterli to leave the apartment, WPLG reported.
Zelin, who had worked as a biotechnology equity research analyst at BTIG since January 2021, reportedly shouted, “Get away from me Sasha,” using a nickname Hutterli was known by.
There was a bust-up and cops said, “During said physical altercation defendant Hutterli caused victim Zelin to perish due to blunt force trauma.”
Zelin’s body hit a path on the ground floor, according to surveillance video recorded eight minutes after the 911 call.
Hutterli’s defense team claimed Zelin “went over the balcony” after an alleged mental episode.
They claimed Zelin, who was identified as JZ in court documents, screamed at Hutterli in “what can only be described as a complete break with reality.”
“JZ can be heard ranting, claiming that he was killed by a homeless person, and insisting that he is dead.
“During this mental break, JZ ran in and out of the apartment, and then he went over the balcony of his 25th-floor condo and fell to his death.”
But the state of Hutterli’s body suggested something more sinister had happened. He had scratches on his cheek, and a cut on his thumb.
He was also in what “appears to be an excited state, according to police.
“What’s going on?” a shoeless Hutterli asked one officer.
“Somebody, he freaked out, attacked me.”
The cop asked Hutterli if he was alone, to which he replied, “No I don’t know where he is.
“I kept telling him to relax.”
Hutterli then blurted out, “What is the situation? Did he jump?”
Cops then searched the apartment – which had items strewn inside – and they found Hutterli’s bucket hat.
There were blood spatters on the rails, and clumps of Hutterli’s beard hair were also found.
Blood was also found on Hutterli’s shirt – and they found ketamine in his bag.
Hutterli was arrested on April 8 and faces a second-degree murder charge, which carries a maximum sentence of life imprisonment.
Cops were able to make an arrest after Zelin’s DNA was discovered on Hutterli’s jacket.
He also faces burglary with assault or battery, possession of a controlled substance, and drug paraphernalia charges.
Tributes, meanwhile, were paid to Zelin following his death.
“Justin was one of the best biotech analysts I have ever worked with,” friend Amit Jolly wrote on Linkedin.
“His work was rigorous, thoughtful, and deeply coordinated.
“He had a rare ability to see around corners and articulate complex ideas with clarity and conviction.
“Our field has lost an extraordinary mind, and many of us have lost a trusted voice and friend.”
Miami, FL
Miami-Dade condo owners plead for help after weeks-long elevator outrage impacting residents’ health
Condominium owners near Doral are appealing for help after their buildings have been without elevator service for weeks. They are speaking exclusively with CBS News Miami, sharing stories of hardship amid the area’s suffocating heat. Several owners, who are elderly and have disabilities, say they are struggling to climb the stairs.
This is not the first time the issue has plagued Parkwood Condominiums. Last July, CBS News Miami reported that one building in the complex had been without elevator service for more than a week.
Currently, service has been out at 9240 Fontainebleau Boulevard since May 14. The elevator at 9270 Fontainebleau Boulevard has been out of service since May 15, and the elevator at 9180 Fontainebleau Boulevard is also non-functional, though the duration there is unknown.
Ronald Bedenis, who has lived on the fifth floor of 9240 Fontainebleau Boulevard for 31 years, expressed worry for his wife and others.
“It’s terrible. People are having a really difficult time,” Bedenis said. “My wife cannot go out. I have an 80-year-old woman who cannot go down the stairs. Another neighbor is 104 years old, and she is in a wheelchair. How is she supposed to get down and buy food?”
His neighbor, 68-year-old Sandra Hanson, shared her struggle. “It is horrible. It is very bad because my husband is 80 years old and he cannot walk. He is very sick. He is stressed out,” Hanson said.
At 9270 Fontainebleau Boulevard, 77-year-old heart patient Luis Jorge said the outage is impacting his health.
“They put two catheters in my heart before, and I have another operation coming up,” Jorge said. “To go down is not a problem. But to go up is a problem. We called, and there is no one to talk to. I feel like I am in prison”.
His neighbor, Iris Hernandez, called the situation “frustrating”.
“It’s a big hardship, and I am in disbelief,” Hernandez said. “I feel like I am in a nightmare. I would like to see the elevator fixed”.
CBS News Miami contacted Atlas Property Management Services in Doral and received a statement from Joaquin Alvarez, the property manager.
Alvarez reported some progress at 9270 Fontainebleau Boulevard, where a damaged property edge was repaired, but they are waiting for a control card. At 9240 Fontainebleau Boulevard, Alvarez said the elevator had a damaged valve, and he expected a new one to be installed by the end of the week. He confirmed the Condominium Association had authorized repairs.
For 9180 Fontainebleau Boulevard, Alvarez said the problem involves a defective control board, which the elevator company is working with the manufacturer to resolve. He noted the issue has been ongoing “for a while” but did not provide a repair completion date for that building.
Miami, FL
Developers pay off $115M in Miami construction loans as condos near sellout
South Florida developers knocked out a combined $115 million in construction loans for Miami condo towers that are nearly sold out, as the demand for hospitality-branded residences heats up in the region.
North Development paid off a $70 million loan to Forman Capital and Core Capital for Domus Brickell Park, while Rosso Development and Midtown Development paid off a $45 million mortgage to Arkansas-based Bank OZK for The Standard Residences, Midtown Miami.
The projects have hit major milestones.
North’s 172-unit Domus Brickell Park recently opened and has posted 120 closings, while Rosso and Midtown’s 228-unit Standard Residences is nearing completion with only five units left to sell.
North Development, a partnership between Ricardo Dunin’s Oak Capital and Juan Carlos Tassara’s Edifica, paid off its loan in April for the building at 1611 Southwest Second Avenue.
The project offers a mix of studios, one-bedroom and two-bedroom units that are short-term rental friendly. Units were marketed from the $600,000s to $1.2 million.
Zyscovich Architects is the architect, and Urban Robot Associates is the interior design firm. Amenities include the Peacock Room, which Dunin previously described as an activated lobby with food and beverage concepts, a market, and co-working spaces for guests and the public that were inspired by the ACE hotel in New York.
The payoff comes as North pushes ahead with Domus Brickell Center, another short-term-rental-friendly condo tower nearby. The developer said that 35-story, 579-unit project at 1034 Southwest Second Avenue is more than 50 percent sold and ahead of schedule. Less than a year ago, the project secured $220 million in financing, consisting of $180 million in C-PACE funding from Coral Gables-based Bayview PACE and a $40 million mortgage from Core Capital.
A few miles north, Rosso Development and Midtown Development paid off a $45 million construction loan for The Standard Residences, Midtown Miami, the first standalone residential project from the lifestyle hospitality brand. Another Standard-branded residential tower is under development in Brickell by Newgard Development Group and Two Roads Development.
Designed by Arquitectonica, the 12-story Midtown project includes 228 residences and more than 34,000 square feet of amenities, featuring a rooftop pool, pickleball court, coworking spaces and several food-and-beverage offerings, including a Juvia Group restaurant on the rooftop.
Units range from 432 square feet to 965 square feet, and include studios to two-bedroom condos. Owners will be able to rent their units out for terms as short as one month. In October 2023, fewer than 35 units remained, priced between $500,000 to $1 million.
A JLL Capital Markets debt advisory team led by Brian Gaswirth and Jimmy Calvo arranged the financing in 2023. According to JLL, the loan was paid off ahead of schedule.
Bank OZK is one of South Florida’s most active condo construction lenders. The bank also provided PMG’s state record-setting $668 million construction loan for Waldorf Astoria Residences Miami, which is expected to become the tallest residential tower south of New York City.
Even as interest rates have gradually come down in recent years, the environment is still relatively high, and construction costs continue to climb.
Read more
Juvia to open rooftop restaurant at Standard Residences in Midtown
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South Florida
Standard Residences in Midtown Miami scores $45M construction loan
Residential
South Florida
Ricardo Dunin, Juan Carlos Tassara land $220M financing for Domus Brickell Center
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South Florida
Ricardo Dunin, Peruvian partner score $70M loan for Domus Brickell
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