BSkyB share price falls after it secures 87.45 per cent of Sky Deutschland

first_imgBSkyB will own 87.45 per cent of Sky Deutschland once its takeover is completed next week, it said this morning. A larger-than-expected proportion of minority shareholders in the German pay-TV company accepted an offer of €6.75 per share from the British company. The takeover is due to be completed on 12 November, and will cost BSkyB around £4.5bn. Having agreed to buy a 57 per cent stake in Sky Deutschland and Sky Italia for $9bn ($5.6bn) from Rupert Murdoch’s 21st Century Fox, stock market rules dictated BSkyB had to extend its share offer to minority shareholders. Despite the fact the offer came at a zero premium to the average share price over the last three months, enough minority shareholders accepted the bid to give BSkyB a huge stake in the German company.  BSkyB’s share price fell almost one per cent on the news, while shares in Sky Deutschland dropped as much as six per cent to €5.88 per share in early trading on the Deutsche Borse. Investor sentiment in BSkyB has also cooled after a UK court ruled the British broadcaster must make its Sky Sports channels available to rival BT Sport. BSkyB will own 87.45 per cent of the issued share capital once the takeover is completed. The settlement of the takeover is expected on 12 November.  Thursday 6 November 2014 4:58 am whatsapp Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comUndoMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndo BSkyB share price falls after it secures 87.45 per cent of Sky Deutschland Show Comments ▼center_img Joe Hall whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Tags: Company Skylast_img read more

Tower Hamlets “intimidation-free zone” praised by voters

first_img Catherine Neilan So far the move has been widely praised by voters – although some have asked that even more be done to ensure the electoral process is not undermined as it was in 2014.  Voters have been praising police in Tower Hamlets for keeping polling stations from being overrun with intimidating canvassers.  Show Comments ▼ whatsapp Labour’s John Biggs is currently favourite to win the seat, although independent candidate Rabina Khan, who has received the backing of her former colleague Rahman, is close. Thursday 11 June 2015 11:21 am https://twitter.com/andyager/status/608917276620910592 However it’s not all plain sailing. One voter claimed to have spotted someone canvassing nearby. Police responded to say officers would be sent to the location. center_img Tower Hamlets “intimidation-free zone” praised by voters whatsapp In the hotly contested mayoral election – called after previous incumbent Lutfur Rahman was found guilty of electoral fraud and deposed – there have been widespread concerns that voters would be intimidated or obstructed from casting their ballot.  Inevitably, others are seeing the funny side of the election, which has been mired in controversy. The Met is already investigating 16 allegations of electoral malpractice, specifically regarding improper distribution of election literature and the possible harvesting of postal votes.  Share As a result police have deployed what one voter described as an “intimidation-free zone” to keep large groups of people away from polling stations.  As well as a heavy police presence at polling stations throughout the borough, tape has been used to mark out areas where people are not allowed to congregate and posters are being used to warn people against electoral fraud.  Tags: Trading Archivelast_img read more

News / Record container carrier profits on course to extend for a further two years

first_imgBy Mike Wackett 12/04/2021 After cumulative ocean carrier profits exceeded some $9bn for the final quarter of 2020, the returns for the liner industry could double that in Q1 this year.Cosco Shipping told analysts last week it expected its Q1 net profit would reach a massive $2.3bn, compared with just $44m for the same period a year ago, after its average freight rate leapt 54% quarter on quarter.“It will be another strong year for the container shipping industry,” said Shanghai-based Bank of Communications transport analyst Maggie Wang.Maritime consultant Drewry agreed and said the container shipping market “had never been so hot”, the industry now in “unchartered waters” on the crest of an unprecedented business up-cycle.“Using history as the only guide, the smart bet would be to think that the market will cool down fairly quickly, but these are not normal times,” said the consultant.It argued that carriers were “set up nicely for at least another two very profitable years”.While the huge freight rate inflation in the second half of last year was caused by a consumer consumption driven shift to goods during the pandemic, together with supply chain disruption and restricted capacity, the “return to normal keeps getting pushed back”, noted Drewry.“Drewry’s working position is that port congestion and container equipment shortages will remain an unwanted feature throughout most of 2021, albeit lessening in degree as the months pass. This will further restrict the availability of capacity and lead to substantially higher average spot and contract rates.”Indeed, carriers have successfully locked in substantial annual contract increases with shippers on the major tradelanes, with several reports to The Loadstar of “very one-sided negotiations” and “take it or leave” offers made by the shipping lines.Moreover, carriers are also reducing the MQC (minimum quantity commitment) on contracts in order to allocate more space for even higher-paying spot and premium business.And the increased confidence of carriers is reflected in their keenness to fix chartered-in tonnage for periods of three years or more at sky-high daily hire rates.“With higher contract rates locked in, another highly profitable year is virtually guaranteed,” said Drewry, suggesting that despite operating cost headwinds of higher fuel or charter hire, the industry was on course to “re-set profitability records once again in 2021”.For 2022, although Drewry expects to see some erosion in freight rates, it still thought that carriers would manage to stay “highly profitable” due to “favourable supply and demand growth trends alongside skilful capacity management”.Thereafter, the picture appears to be less certain, given the recent rush to order new tonnage that will start hitting the water in the next two to three years.“These ships are being ordered as if they are for today, not what the market will look like when they are ready for delivery… owners are risking paying top dollar for assets that will potentially end the container upcycle,” said Drewry.It added that although carriers could look forward to “a prolonged and unprecedented upcycle”, it warned that if the acceleration of ship orders continued, there was a “risk of a return to overcapacity that will shorten the cycle”.last_img read more

How a Supreme Court ruling on printer cartridges could have a big impact on drug prices

first_img About the Author Reprints By Meghana Keshavan May 30, 2017 Reprints Biotech Correspondent Meghana covers biotech and contributes to The Readout newsletter. Meghana Keshavan Tags drug pricinglegalpharmaceuticalsSTAT+ Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED What is it? A Supreme Court ruling on international printer cartridge sales could have major implications for, of all things, drug pricing and global health.The case in question involves patents, crucial legal protections for the drug industry. How a Supreme Court ruling on printer cartridges could have a big impact on drug prices Business center_img GET STARTED Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Jon Elswick/AP Log In | Learn More [email protected] @megkesh What’s included?last_img read more

16 things to keep in mind as Silage Season is upon us

first_img Pinterest Home We Are Laois A Bit of Fun 16 things to keep in mind as Silage Season is upon us We Are LaoisA Bit of Fun 16 things to keep in mind as Silage Season is upon us By Donal Miller – 29th May 2018 Ten Laois based players named on Leinster rugby U-18 girls squad TAGSSilage Pinterest If you see farmers in Laois out frantically watching the weather, it is because Silage Season fast approaching.It can be a time of great stress for farmers but with the weather going in the right direction, it looks like they will get great cutting done over the next few weeks.Here are the most common occurrences experienced on our typical Irish farm and some advice for the farmers, their wives and possible contractors.1 – Fathers, refer to your wife as ‘Mother’ in front of the contractors or extra help. It gives your business that formal tone and let’s the wife know her husband means business. “Mother, have you got the tae ready”… Almost akin to the other statement said the remaining 50 weeks of the year, “Mother have you got the blue cards?”2 – Wives – keep the dinners simple. Bacon and a bit of cabbage will do. These lads would eat standing up and no one wants to be caught short on a tractor. The reliable dock leaves are no more and the few that remain are laced with roundup.3 – Miwadi sales reportedly go through the roof this time of year! We all know the farmers who skimp on the MiWadi. “Sure lads you may as well be drinking cat p***!4 – There’s always that one farmer that likes Brown Chef sauce on everything. Including the salad.5 – Most farmers have a dog called Shep. If being chased by said dog, loudly scream, “go home Shep”. If Shep fails to respond, he is possibly more used to, “Go home you f*****g eejit of a dog!”. That’s sure to do the trick.6 – Farmers’ wives have an unusual habit of organising trips here and there with their like-minded friends at Silage Time. Trips to Dublin should not be tolerated. Commitment is paramount.7 – For years farmers have relied on looking up to the skies for weather reports. Ye may forget about the Sailor’s Sky and get the young lad (your own or the fella’s down the road) to download a good weather app. Hour by hour updates. You won’t know yourself.8 – Don’t be ‘that’ farmer the contractors visit when no one else wants them because a tornado is due any minute. Hold steadfast, don’t be the pushover! There’s a massive difference between a ‘light mist’ and a torrential downpour!9 – Speaking of the pushy contractors, try and get them to cut down in the evening, when the sugars are at their highest. Sure didn’t you learn that on the Green Cert?! Even better, a 24-hour wilt on the ground! This is the season we find out who was listening to the ‘young wan’, fresh out of an Ag Science Degree from UCD. Thanks Teagasc!10 – Expect breakdowns. They’re part and parcel of the season and this is when the socialising takes place. Appreciate all the like-minded people around you. God knows it’ll be another month or two before the harvest.11 – When fixing breakdowns make sure you gather up all tools. Many an evening has been lost due to said tools going up through a harvester. The clatter can be heard miles away!12 – Don’t forget the cool beers when the lads finish for the evening! Avoid leaving them in the parlour. No one likes a warm Carlsberg. A few cheese and onion crisps go down a treat too! ‘Something tasty’ as the fella says.13 – No man is fond of a salad. That’s for the women. We’d love a feed of steak in the evening, but we’ll settle for a few rasher sandwiches.14 – Recruit your lazy sons. No point in hiring lads when you’ve one or two of your own who are too damn lazy to gather up a four-grain fork. No one wants to be rearing the useless lad the contractors talk about! Acting the part is so important, as is putting on a good show!15 – Finally, all hands on deck to cover the pit! No excuses. Women, children and whatever neighbour you can find. Even the toddler, when placed correctly, can hold down a black plastic corner!16 – Most importantly, BE SAFE. The above is all for laughs but we want our farmers and contractors home safe every night. And remember, enjoy these hours and the excuse of not having to be home at night by six! If you leave it until ten, she’ll have the children in bed and the bins out.SEE ALSO – Laois ‘hotter than Lanzarote’ as temperatures set to each 26 degrees WhatsApp Community WhatsApp Twitter RELATED ARTICLESMORE FROM AUTHOR Rugby Twitter Facebook Previous articleAll of this week’s golf results from around the local clubsNext articleWoman (20s) arrested after she attempted to drive into three men during incident in Portlaoise Donal MillerDonal Miller hails from the picturesque village of Vicarstown. Married to Emma, they have one daughter Beth-Anne. He enjoys football, politics, farming and generally anything that’s newsworthy. His proudest achievement is kicking a point in the Leinster final in 2003 as well as winning the Laois Javelin. You can follow him on Twitter on @millerdonal Facebook Five Laois monuments to receive almost €200,000 in government funding Community Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’last_img read more

Motorway CLOSED outside Portlaoise following ‘incident’

first_img Facebook TAGSM7 Motorway Motorway CLOSED outside Portlaoise following ‘incident’ Previous articleLISTEN: Football finals review, dodgy team names and Divisional competitionNext articlePortlaoise midfielder Lillis turns his attentions to Leinster Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Pinterest M7 crash The motorway outside Portlaoise is closed this evening following an ‘incident’.An eye witness has contacted LaoisToday and says that a number of gardai and fire brigades are on the scene.AA Roadwatch is reporting that traffic is being diverted.They say: “The M7 is closed until further notice northbound at J18 Portlaoise West as emergency services deal with an incident.“Gardai are diverting traffic off the motorway at J18 and back on at J16 Portlaoise East.”More To Follow… Facebook RELATED ARTICLESMORE FROM AUTHOR Home News Motorway CLOSED outside Portlaoise following ‘incident’ News Twitter Twitter WhatsApp Five Laois monuments to receive almost €200,000 in government funding Council Community WhatsApp Pinterest Community New Arles road opens but disquiet over who was invited to official opening Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ By Alan Hartnett – 15th October 2018 last_img read more

In Pictures: Right craic in Barrowhouse for this year’s Cul Camp

first_img Electric Picnic Home GAA Cul Camps In Pictures: Right craic in Barrowhouse for this year’s Cul Camp GAACul CampsSport News Facebook Electric Picnic organisers release statement following confirmation of new festival date Twitter Pinterest Brought to you in association with All Books, PortlaoiseThe GAA Cul Camps stretch into every corner of the country and it’s no different in Laois.This week Barrowhouse GAA host one of the six camps in Laois this year. Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role TAGSCúl Camps Though Barrowhouse youngesters made up the bulk of the attendance, there was plenty of players from neighbouring clubs too.And the Barrowhouse GAA grounds are among the nicest in the county.A lovely main pitch, a very impressive second pitch and a playground on the site of the GAA grounds. In Pictures: Right craic in Barrowhouse for this year’s Cul Camp By LaoisToday Reporter – 29th July 2020 WhatsApp Check out the new All Books website here – 10% discount on school books for a limited time only in store and onlineSEE ALSO – Check out more photos from this year’s Cul Camps here Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival WhatsApp Previous articleCoronavirus: No new deaths and 14 new cases as more positive news on vaccine frontNext articlePortlaoise edge county champions Sarsfields in a cracker LaoisToday Reporter Pinterest RELATED ARTICLESMORE FROM AUTHOR On the day we visited, there was plenty of kids straight into the playground the minute the camp was over.Camp co-ordinator Sile Burbage from Portarlington brought us around from group to group to get the photos as the players and coaches took a break from the games to happily pose for a photo.You can check out our photos below. Facebook And despite being one of the smallest clubs in the county, the attendance at this year’s camp certainly wasn’t small.With no camps in Arles-Killeen or St Joseph’s this year, they had big numbers in Barrowhouse. Electric Picnic Twitterlast_img read more

GAA supporters warned not to use fraudulent websites to watch games live

first_img Council GAA supporters warned not to use fraudulent websites to watch games live WhatsApp Facebook WhatsApp Previous articleIn Pictures: Joyous scenes as Music Generation Laois entertain residents and staff at two Laois nursing homesNext articleCoronavirus: Eight further deaths and 448 new cases as Covid cases in schools drop by more than a quarter LaoisToday Reporter Electric Picnic Electric Picnic organisers release statement following confirmation of new festival date Electric Picnic Twitter Twitter Electric Picnic apply to Laois County Council for new date for this year’s festival TAGSLaois GAAPaul Dargan Pinterest Facebook Pinterest By LaoisToday Reporter – 12th May 2021 With the GAA games now back again but with supporters not allowed to attend, it has led to thousands of people all over the country being able to watch matches on TV that previously wouldn’t have been broadcast.This weekend both Laois senior county teams will be shown live – with the hurlers taking on Dublin at 5pm on Saturday and the footballers playing Clare at 4pm on Sunday. Both matches will be shown by the GAA Go streaming service which can be accessed for €5 per game or by buying a season pass for €25.However, the increase in number of live games being shown online has seen has seen a considerable rise in fraudulent websites illegally showing the games.Social media has been inundated with profiles posting links to watch the games. As well as being illegal as these posters don’t have official rights to broadcast GAA, there are also security concerns for people who may give their credit card details.“For our recent game with Wexford we were removing profiles and comments placed by these fake accounts on Facebook every couple of minutes,” said Laois GAA PRO Paul Dargan.“Laois GAA will only advertise official streams through our social media channels.  Do not click any unofficial accounts or profiles which might be advertising our national games.“Do not give your details if you are unsure of the safety of any site or profile.“This is not just a Laois problem it is a nationwide problem, these scammers are targeting clubs, counties and media outlets by posting links to profiles and commenting on posts.“I am just concerned with so many fraudsters trying to scam people and with games behind closed doors and no attendance all it takes is one unfortunate person to click and give payment details and have their bank account wiped out or their phone or computer compromised to hackers.”Dargan is one of a handful of people who is allowed to attend in his role as PRO but he looks forward to a time when all supporters are allowed to attend.“I feel very privileged to be able to attend our games and I know so many great fans are not able to attend and are tuned in online.“I really look forward to being pitch side and meeting so many great GAA people but until then streaming and viewing games online will be here to stay.“Please report these websites and accounts if you see them on any social media channels.”SEE ALSO – ‘No reason’ for Electric Picnic not to go ahead in September says organiser RELATED ARTICLESMORE FROM AUTHOR Home Sport GAA GAA supporters warned not to use fraudulent websites to watch games live SportGAA Mary Sweeney elected Cathaoirleach of Portlaoise Municipal District for next 12 monthslast_img read more

UN Urged to Move Faster to Implement Development Programmes

first_imgFacebookTwitterWhatsAppEmail Minister of Foreign Affairs & Foreign Trade, Senator Anthony Hylton, yesterday (Sept. 26) called on the United Nations (UN) to speed up the implementation of policies and programmes aimed at promoting development among poorer countries.Minister Hylton, who was addressing the 61st Session of the United Nations General Assembly in New York, expressed disappointment at the lack of any significant progress in the implementation of development assistance for developing states especially since last year’s debate was dedicated to action.Noting that a number of potentially very useful provisions were incorporated in the 2005 Summit Outcome Document to address the vulnerability of the less developed countries, Minister Hylton told the world body that, “Jamaica is concerned that we have not discerned any significant focus on implementation in the area of development over the last year”.“We have seen no work for example, to implement the commitment to support the development efforts of middle income developing states to help them meet their financial, technical and technological requirements; develop any framework to provide significant debt relief or restructuring of middle income developing countries with unsustainable debt burdens; and implement the development dimension of the Doha Work Programme for smaller economies in the World Trade Organization (WTO),” he stated.He noted that Jamaica was facing a number of challenges, which must be overcome for the successful implementation of the Millennium Development Goals (MDGs).Some of these challenges are: a debt burden of over 125 per cent of gross domestic product; falling export value; downward market trends due to uncritical approach to globalization and trade liberalization; heavy dependence on imported petroleum, vulnerability to natural disasters and the outward movement of skilled labour.Minister Hylton said that while it is agreed that much of the resources for financing development must come from trade, the economies of scale were too much among the membership of the influential trade group.“Jamaica strongly supports the view that fundamental to a viable and equitable trade regime is the need to take account of the wide disparity in structural characteristics and approaches to economic policy among the members of the WTO,” he stated.While calling for some flexibility in WTO policies, Minister Hylton told the meeting that concerns for the differences in levels of development between developed and developing countries could not be overlooked.He further pointed to the need for a return to the Doha Round of negotiations, to speed up implementation of development initiatives.On international peace and security, Minister Hylton told the General Assembly that, “it is undemocratic and ultimately unsustainable that less than five per cent of the membership of the UN continues to wield inordinate power over the rest of us,” and that Jamaica supported the expansion in both categories of membership of the Security Council to include representation from all regional groups.The Security Council, he said, “should be reflective of the contemporary international community as a whole, based on equitable geographic representation and the increased representation of developing countries.”On the situation in the Middle East, Minister Hylton sided with the new Security Council Resolution 1701, and urged the international community to make every effort to build on, this new platform to secure lasting peace in the region. The resolution calls for “the immediate cessation by Hizbollah of all attacks and the immediate cessation by Israel of all offensive military operations” in Lebanon.“We must continue to emphasize the critical importance of multilateral diplomacy, of even-handedness and of maximum restraint. We must reinforce the mutually beneficial relationships among us as a community of nations. We must equip the UN to act decisively,” he stated.Turning to security in the Caribbean region, Minister Hylton expressed concerns for what he said was the illicit spread of small arms and ammunition and the linkages to trans-national organized crimes, including drug trafficking.He told the member states that Jamaica was disappointed in the outcome of an earlier conference to deal with this growing menace and told the meeting that Jamaica would continue to advocate for the establishment of legislation giving stricter controls to such challenges. RelatedUN Urged to Move Faster to Implement Development Programmes RelatedUN Urged to Move Faster to Implement Development Programmes UN Urged to Move Faster to Implement Development Programmes UncategorizedSeptember 27, 2006center_img Advertisements RelatedUN Urged to Move Faster to Implement Development Programmeslast_img read more

Porsche Experience Center another ‘happiest place on Earth’

first_imgTrending in Canada Beyond the anticipation of a lucrative profit centre for Porsche, the new campus facility is “all about the experience, a place for visitors to touch and feel the brand in all its facets,” Zellmer says. “And the simplest, most credible and authentic way to do this, is to hand over a set of keys for a wonderful sports car and say, ‘Trust it. Drive it. Enjoy it.’” Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Brian Harper, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Brian Harper, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Brian Harper, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Brian Harper, Driving Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” See More Videos The off-road course is tricky as well, designed to show how the Cayenne and Macan sport-ute’s all-wheel drive and safety systems work in the dirt and gravel. The course offers obstacles such as stomach-clenching 40-degree declines and inclines, a teeter-totter, rough terrain and side slopes.The coolness factor doesn’t end once you have satiated your inner Speed Racer on the development track. Porsche Motorsport North America (PMNA) now calls the campus of PEC L.A. home. PMNA is the only authorized sales, parts and service provider for all Porsche race cars, such as the 911 GT3 Cup, 911 GT3 R and Cayman GT4 Clubsport in the United States and Canada. Not only that, it also provides engine and transmission servicing, on-site race support at multiple international racing series — IMSA WeatherTech, IMSA Continental Tire, Pirelli World Challenge, GT3 Cup Challenge Series and others — as well as support for historic motorsport activities including complete restoration services for your vintage race car. On hand for the opening was an RS Spyder, a 959 prototype and the freshly restored 1971 Spa-winning 917K. (Foodies will appreciate the fact that, while dining at the PEC’s restaurant, they can view restorations and other race car servicing live through glass partitions.) The venue is also home to a business centre, driving simulator lab, retail Porsche Design outlet and a café.Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif. Visitors to the PEC can enjoy instructor-led, 90-minute experiences on the driver development track in various Porsche sports cars. And let me state categorically that, if you are going to loop a 911 Carrera 4S or a Boxster 718 in a controlled manner — but more likely not, at least in your first experience behind the wheel — this is the place to do it. Charles, my instructor, as with all the other instructors, speaks in patient, soothing tones, encouraging me up to about 45 km/h and then countersteering the car as the kick plate snaps the rear end out on a surface as slippery as bear grease. But, just when you think you’ve caught it, up pops a fence (or, sometimes, two) representing an obstacle in your path that you have to avoid (the fence retracts back below the surface before any out-of-control Porsche hits it). Low-speed driving in a high-speed sports car never required so much fun — and finesse.Naturally, the most enjoyable elements are the acceleration straight and the handling course. Of the former, hitting launch control and cranking the Carrera up to 170 km/h on the short 1.2-km straight is a good way to clear your head of life’s distractions. But the surprise at the end of the straight is the replica of the Karussell (Carousel), the infamous banked curve on the Nürburgring’s Nordschleife, which tests one’s ability to withstand high g-force. Best do it before lunch!The two handling circuits combine an Eastern and Western Loop that mimics a 2.1-km undulating country road with a series of varying-radius corners. On it, instructors teach drivers proper braking technique and choosing the correct line when negotiating the turns. Not a racetrack, the circuits use the flowing series of corners and undulations to challenge drivers.Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif. Trending Videos CARSON, Calif. — For Porschephiles, the “happiest place on Earth” isn’t Disneyland, 45 kilometres away in Anaheim – it’s right here in Carson, a short drive from Los Angeles International Airport. Called the Porsche Experience Center (PEC) Los Angeles, this brand-new, US$60-million facility is the second automotive experience centre to open in the United States, the first being in Atlanta, next to Porsche Cars North America’s head office. With facilities on each coast, the U.S. is the only country with two “Experience Centers” and represents the largest investments for Porsche outside Germany to date. (There are also three PECs in Europe, and one is being built in Shanghai to open next year.)“As our largest single market in the U.S., California has played an integral role in Porsche’s success throughout our 66-year history in the United States,” said Klaus Zellmer, president and CEO of Porsche Cars North America. (The state accounts for 23 per cent of all Porsche sales in the country.) “Our new West Coast destination provides a unique product and brand experience for our customers and fans in a region where the automobile is so passionately celebrated.”Touted by the automaker as “a destination where customers and enthusiasts alike can immerse themselves in the Porsche brand,” the highlight of the 53-acre centre is the grown-up edition of Disneyland’s Mr. Toad’s Wild Ride, a 6.6-kilometre driver development track consisting of eight different modules, most designed to simulate some aspect of everyday driving conditions — while also providing a suitable environment to wring out Porsche’s very fast products. The eight training modules include two handling circuits, an ice hill, an off-road course, a dynamics area, a launch control and acceleration straight, as well as a low-friction handling circuit, low-friction circle, and hydraulic kick-plate. COMMENTSSHARE YOUR THOUGHTScenter_img Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Brian Harper, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Brian Harper, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Brian Harper, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Handout, Porsche Created with Raphaël 2.1.2Created with Raphaël 2.1.2Porsche Experience Center in Carson, Calif.Brian Harper, Driving RELATED TAGSPorschePerformanceLifestyleNew VehiclesPeoplePerformance VehiclesAnaheimAtlantaCaliforniaCanadaCars and Car DesignCarsonContinental Tire North America Inc.Culture and LifestyleDisneyland ResortDr. Ing. h.c. F. Porsche AGEuropeExperience CentersGermanyKlaus ZellmerLos AngelesLos Angeles International AirportMotorsportsNorth AmericaPorsche 911Porsche BoxsterPorsche CayennePorsche DesignPorsche Experience CenterPorsche SpyderShanghaiSports CarsUnited StatesWestern Europe PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca As an outing for West Coast fans of the brand, Porsche is counting on the PEC to be very successful – Zellmer noting that the Atlanta PEC welcomed 36,000 visitors in its first year of business. As for the new facility, he says the company expects 50,000 “guests” a year. The Rolls-Royce Boat Tail may be the most expensive new car ever advertisement We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. ‹ Previous Next ›last_img read more