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    Home » Leclerc wins the Bahrain Grand Prix, Hamilton in third place
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    Leclerc wins the Bahrain Grand Prix, Hamilton in third place

    March 20, 2022
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    It turned out to be a nightmare for Max Verstappen who ended up failing to defend his Formula One title when he retired near the end of the Bahrain Grand Prix, allowing Ferrari to clinch a 1-2 finish with Charles Leclerc finishing ahead of teammate Carlos Sainz Jr. Lewis Hamilton, the seven-time Formula One champion, finished in third place after Sergio Perez’s Red Bull also retired with the finish line in sight after the race went under a yellow flag. After Hamilton had been lagging behind in fifth, when late drama took place on lap 46 to decide the race, he shot up to third.

    Leclerc wins the Bahrain Grand Prix, Hamilton in third placeDuring the race, Leclerc was leading Verstappen comfortably when the back of Pierre Gasly’s AlphaTauri caught fire and forced him to park off the track. The fire was quickly extinguished, and the Frenchman walked away unharmed. Leclerc got away from the restart and Verstappen started complaining of steering problems. Minutes later, both Red Bulls were out, and George Russell’s Mercedes moved into fourth, giving Mercedes an unexpected bonus.

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    Latest News

    Market Gains Follow U.S. Treasury’s Increased Debt Repurchase Program

    August 20, 2026

    U.S. stocks saw modest gains on Wednesday, buoyed by a sharp decline in long-term Treasury yields. The S&P 500 climbed by 16.22 points, or 0.21%, to close at 7,707.98, ending a streak of three consecutive declines. Meanwhile, the Dow Jones Industrial Average advanced by 119.65 points, or 0.22%, finishing at 53,463.05. The Nasdaq Composite increased by 41.38 points, or 0.16%, closing at 26,331.09. Bond prices increased following the U.S. Treasury Department’s announcement of expanded liquidity support through larger buybacks of longer-term government debt. Beginning September 9, the maximum purchase amount will be raised from $2 billion to at least $4 billion per operation. This adjustment applies to nominal coupon securities within the 10-to-20-year and 20-to-30-year maturity brackets. The heightened purchase volume will be maintained through November 4. The department explained that strong demand for high-quality offers was a key factor in deciding to increase liquidity operations in these sectors. Treasury yields responded by falling, reversing some of the recent upward trend in long-term borrowing costs. The 10-year Treasury yield decreased to approximately 4.65%, while the 30-year yield dipped to about 5.20%. Notably, the 30-year yield had reached 5.337% on Tuesday, its highest point since

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