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Photo: Race Service/Formula 1 via Getty Images

Formula One on Thursday unveiled a concept car based around new regulations being introduced next year.

Why it matters: The new regulations, which were supposed to be introduced this year but were delayed due to the pandemic, are aimed at creating closer, more dramatic races.

  • Current F1 cars only retain 55% of their total downforce once they're within a car's length of the car in front, making it difficult to remain close through high-speed corners.
  • Simulations suggest that number will increase to 86% with the new design, which means tighter wheel-to-wheel racing.

Speaking of new ... F1 will debut a 100-kilometer sprint race on Saturday at England's Silverstone Circuit ahead of Sunday's British Grand Prix.

  • Grand prix starting positions are usually determined by fastest-lap qualifiers. But this weekend, they'll be determined by the results of "The Sprint."
  • The top three finishers in the sprint will also earn points (three for first place, two for second, one for third).

The big picture: F1's popularity is soaring — particularly in the U.S. — thanks to the über-compelling Netflix series, "Drive to Survive." With new cars and a new qualifying format, F1 is seizing the moment in hopes of attracting even more fans.

Go deeper

Rahm Emanuel questioned on murder of Laquan McDonald in confirmation hearing

Rahm Emanuel during a Senate Foreign Relations Committee confirmation hearing on Oct. 20. Photo: Sarah Silbiger/Bloomberg via Getty Images

Former Chicago Mayor Rahm Emanuel spoke about the murder of Laquan McDonald during his Senate confirmation hearing Wednesday to become the U.S. ambassador to Japan, saying that "there's not a day or a week that has gone by in the last seven years I haven't thought about this."

Catch up quick: McDonald was a Black teenager who was fatally shot 16 times by Chicago police during Emanuel's tenure as the city's mayor. The 2014 shooting triggered massive protests, both because of its nature and the fact that the officers' body-cam footage was concealed for years.

3 hours ago - World

Biden's ambassador nominee: "China is not an Olympian power"

Nick Burns testifying before the Senate Foreign Relations Committee. Photo: Sarah Silbiger/Bloomberg via Getty Images

President Biden's nominee to serve as ambassador to China delivered a stark assessment of the challenges the U.S. faces in confronting Beijing, but stressed that the rising superpower is "not all-powerful" and the West retains "substantial" advantages.

The big picture: Nicholas Burns, a retired career diplomat and former U.S. ambassador to NATO, used his confirmation hearing Wednesday to echo the growing bipartisan consensus that China poses "the greatest threat to the security of our country and the democratic world" in the 21st century.

Scoop: U.S. and Israel to form team to solve consulate dispute

Secretary of State Antony Blinken (left) and Israeli Foreign Minister Yair Lapid (right) meet in Washington. Photo: Andrew Harnik/Pool/AFP via Getty Images

The U.S. and Israel are planning to form a joint team to hold discreet negotiations on the reopening of the U.S. Consulate in Jerusalem, Israeli officials say.

Why it matters: The consulate handled relations with the Palestinians for 25 years before being shut down by then President Donald Trump in 2019. Senior officials in Israeli Prime Minister Naftali Bennett's government see the consulate issue as a political hot potato that could destabilize their unwieldy coalition.