4+ hour, 51+ min ago (359+ words) The Victoria Racing Club says it has taken a key step towards profitability despite suffering its fifth consecutive multimillion-dollar loss since 2021. The club that runs the Melbourne Cup wrote to members on Tuesday afternoon to announce a $7.2 million loss for the past financial year. The finish of the 2025 Melbourne Cup at Flemington, won by Half Yours.Credit: Getty Images It follows losses of $24 million in 2024, $14.9 million in 2023, $16.9 million in 2022 and $14.9 million in 2021. But VRC CEO Kylie Rogers told members that the figure translated to a EBITDA (earnings before interest, taxes, depreciation and amortisation) profit of $12 million, a $17.9 million dollar improvement on the previous year. She said the turnaround was an important start "in returning to the club to a net profit position. The VRC, which runs Flemington Racecourse, told members it had cut spending by $8.7 million in the past financial…...

8+ hour, 48+ min ago (440+ words) McLaren have spent the 2025 season aiming for total fairness between Lando Norris and Oscar Piastri. At times, it has made them look silly and inflexible. It was, though, merely an intriguing subplot at a time when one of their drivers seemed destined to claim a maiden title. So vast was their advantage in performance that Max Verstappen was 97 points behind Piastri and 86 behind Norris after the Hungarian Grand Prix in August. Yet after McLaren's double disqualification at the Las Vegas Grand Prix, combined with Verstappen's rapid resurgence, they are now at risk of losing out on a first drivers' title in 17 years to the brilliant Verstappen. To have the best chance of ending the Red Bull driver's hopes, they must now favour Norris and sacrifice Piastri. Australian Oscar Piastri has struggled to get points and podiums in the second half…...

8+ hour, 59+ min ago (28+ words) The Las Vegas Grand Prix is raising safety concerns after a crane was spotted driving into the racing line during a support category race. The Sydney Morning Herald...

1+ day, 2+ hour ago (55+ words) It's a seven-race card in the country music capital on Tuesday, and we've got all the information you need to find a winner or two. The Sydney Morning Herald Save articles for later Add articles to your saved list and come back to them any time. Track Soft 5 and rail True...

1+ day, 11+ hour ago (22+ words) McLaren's Oscar Piastri and Racing Bulls' Liam Lawson clash at the start of the Las Vegas Grand Prix. The Sydney Morning Herald...

1+ day, 12+ hour ago (21+ words) The Formula 1 title fight takes an extraordinary twist as Oscar Piastri and Lando Norris are disqualified. The Sydney Morning Herald...

1+ day, 12+ hour ago (20+ words) Oscar Piastri is disqualified after the Las Vegas Grand Prix, as is McLaren teammate Lando Norris. The Sydney Morning Herald...

1+ day, 22+ hour ago (28+ words) Top finishers Max Verstappen, Lando Norris and George Russell are chauffeured in style to the podium ceremony in a hot pink Lego Cadillac car. The Sydney Morning Herald...

1+ day, 22+ hour ago (1012+ words) Max Verstappen was already celebrating after his win in Las Vegas, but had even greater reason to smile a few hours later.Credit: Getty Images The ramifications of this Las Vegas disqualification for Lando Norris and Oscar Piastri has cascaded down the points table in the drivers" championship, but there"s no doubt where the biggest changes are felt " right at the top. After losing the 18 points he thought he"d sealed in Las Vegas, Norris is vulnerable, with Verstappen and Piastri closer in his rear-view mirror that he thought. Let"s take a look at the points table of the top 10 drivers this season, keeping in mind that its" possible for a driver to earn a maximum of 58 points before the end of the season " if they are good enough to win the grand prix and sprint race in…...

1+ day, 22+ hour ago (742+ words) McLaren's disqualification at the Vegas Grand Prix is the best thing to happen to Oscar Piastri in months. On Sunday, Max Verstappen drove flawlessly in Sin City to win the Las Vegas Grand Prix, after Norris forfeited pole position during a bold but unsuccessful move during the opening lap. Max Verstappen won the Las Vegas Grand Prix.Credit: Getty Images Norris recovered and managed to secure second while Piastri " suffering from an opening lap prang with Liam Lawson " clinched fourth. The result gave Norris a 30-point lead over Piastri and a 42-point lead over Verstappen, with two race meetings left in Qatar and Abu Dhabi " two grands prix and a sprint race. After the race, a glittering Mickey Mouse stepped in front of the Bellagio casino to conduct a fountain show complete with fireworks and pyrotechnics to Fantasia's The Sorcerer's…...