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Ferrari earnings surge back to growth in second quarter

Luxury sports car maker Ferrari has surged back to second-quarter growth, posting a 206-million-euro (US$245 million) profit on Monday after seeing its earnings drop precipitously in the same period a year ago due to the pandemic shutdown.

A fan waves a Ferrari flag during qualifying for the Hungarian Formula One Grand Prix, on July 31, 2021. (David W Cerny / Pool via AP)

Ocon wins in Hungary; Hamilton has 8-point lead after Vettel DQ

Frenchman Esteban Ocon won a chaotic Hungarian Grand Prix on Sunday while an exhausted Lewis Hamilton moved up to second place in the race after Sebastian Vettel's disqualification, increasing his Formula One championship lead over Max Verstappen to eight points heading into the midseason break.