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The Latest Breaking News from Bicester

RB rules out Faenza F1 factory move despite new Milton Keynes facility

The Red Bull-owned squad is undergoing a revamp of its F1 programme, which has included a change of identity away from AlphaTauri and the arrival of new team management in Laurent Mekies and Peter Bayer.

Autosport

AlphaTauri's Milton Keynes shift critical to its F1 success, says Bayer

The soon-to-be-renamed team has long had an aerodynamics department in Bicester, but as part of its ongoing expansion, its British base will be moved to Milton Keynes, close to the home of sister squad Red Bull.

Autosport

Top five roles on Motorsport Jobs this week

McLaren Racing’s entry in Extreme E and Formula E, based on the Bicester Heritage site, combined are known as NEOM McLaren Electric Racing, circa 80 employees.

Autosport

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Red Bull decides against AlphaTauri F1 sale as it finalises plans

The future of AlphaTauri was unclear following reports new Red Bull CEO Oliver Mintzlaff was unhappy with the Faenza team's performance.

Autosport

E-fuels: how big a niche can they carve out for cars?

Sections of industry back synthetic alternatives to fossil fuels, but case is much stronger for aviation

The Guardian - UK

Arrival Ditching UK Production For US To Tap Into EV Tax Credit

Arrival will shift its manufacturing focus from Bicester, UK, to Charlotte, North Carolina, where it will build a family of Van products for the US.

InsideEVs

Mum of girl who accidentally hanged herself in bike accident is expecting another baby

Freya was just four-years-old when she was involved in a horrific tree-climbing accident near the family's home in Bicester, Oxon and passed away

Daily Mirror

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Arrival Pushes Forward Towards Start Of Production In Q3; Loss Narrows In Q1

Arrival SA (NASDAQ:ARVL) reported a first-quarter FY22 loss of $(10.4) million versus a loss of $(1.15) billion last year that included a $1.2 billion non-cash charge associated with the merger of Arrival and CIIG. The adjusted EBITDA loss for the quarter widened to $(66.9) million. Capital expenditure rose 99% Y/Y to $99.1 million.…

Benzinga

Britain’s Tesla hopes for big things from ‘microfactories’

Electric vehicle maker Arrival is gambling that small sites, a ‘Lego-block’ manufacturing system and lots of robots will bring it success

The Guardian - UK

Bicester plane crash: Pilot in hospital after plane hits block of flats

The pilot managed to eject before the impact

Wales Online

Plane destroyed and pilot in hospital after flying into block of flats

The pilot remains in hospital after the crash landing at Upper Heyford, near Bicester, at around 12.18pm on Saturday

Manchester Evening News

Arrival Stock Gains After Preliminary Q4 Results

Arrival SA (NASDAQ:ARVL) reported preliminary financial results for Q4 and FY21. The company expects a loss for Q4 of €37 million - €46 million ($42 million - $52 million), compared to a loss of €34 million in 4Q20. The company expects an adjusted EBITDA loss for the quarter of €49 million - €58…

Benzinga

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