ID :
125199
Mon, 05/31/2010 - 14:22
Auther :
Shortlink :
https://oananews.org//node/125199
The shortlink copeid
Mubadala to Partner with the F1 in Schools Challenge
Abu Dhabi, May 31, 2010 (WAM)- Mubadala Development Company, the development and investment company that is a catalyst for the economic diversification of the emirate of Abu Dhabi, today announced it will be the presenting partner of the F1 in Schools challenge.
Mubadala will be supporting the Yas Marina Circuit in the organisation of the UAE edition of F1 in Schools. Held in 30 countries, the program aims to capture student's imaginations by appealing to the excitement of Formula 1 to foster a greater appreciation for engineering, science and technology among the younger generation. The multi-disciplinary challenge will provide students between the ages of 9-19 with the opportunity to design and race their own replica model Formula 1 cars at the UAE National Final to be held at Yas Marina Circuit in Abu Dhabi on June 2.
F1 in Schools, which aims to replicate the operations of a Formula 1 team, requires students to work in groups of 3-6 individuals to collectively plan, build, and eventually race their miniature CO2 powered F1 cars, which are designed from a single block of balsa wood. But before getting to this stage, students work alongside industry experts to create a business plan, manage a budget and source sponsorships for their venture, thus experiencing the many dimensions of the business of Formula 1 while simultaneously developing lifelong skills such as teamwork and communication that will benefit them in the future.
Mubadala's support for the F1 in Schools challenge is in line with the company's broader mission to diversify Abu Dhabi's economy and ensure that the nation's citizens are well equipped to enter into, and thrive in, the new economic sectors the investment company is creating in the UAE.
In the UAE National Final, teams will be judged on car speed, as well as their design, presentation and general business skills. At the conclusion of the UAE National Final, the winning team will compete internationally for the Bernie Ecclestone F1 in Schools World Championship trophy, which will be held in Singapore in September. – Emirates News Agency, WAM
Mubadala will be supporting the Yas Marina Circuit in the organisation of the UAE edition of F1 in Schools. Held in 30 countries, the program aims to capture student's imaginations by appealing to the excitement of Formula 1 to foster a greater appreciation for engineering, science and technology among the younger generation. The multi-disciplinary challenge will provide students between the ages of 9-19 with the opportunity to design and race their own replica model Formula 1 cars at the UAE National Final to be held at Yas Marina Circuit in Abu Dhabi on June 2.
F1 in Schools, which aims to replicate the operations of a Formula 1 team, requires students to work in groups of 3-6 individuals to collectively plan, build, and eventually race their miniature CO2 powered F1 cars, which are designed from a single block of balsa wood. But before getting to this stage, students work alongside industry experts to create a business plan, manage a budget and source sponsorships for their venture, thus experiencing the many dimensions of the business of Formula 1 while simultaneously developing lifelong skills such as teamwork and communication that will benefit them in the future.
Mubadala's support for the F1 in Schools challenge is in line with the company's broader mission to diversify Abu Dhabi's economy and ensure that the nation's citizens are well equipped to enter into, and thrive in, the new economic sectors the investment company is creating in the UAE.
In the UAE National Final, teams will be judged on car speed, as well as their design, presentation and general business skills. At the conclusion of the UAE National Final, the winning team will compete internationally for the Bernie Ecclestone F1 in Schools World Championship trophy, which will be held in Singapore in September. – Emirates News Agency, WAM
