This weekend’s Emilia Romagna Grand Prix has been called off amid deadly flooding in the northeast of Italy.
It comes after Italy’s transport minister called for this Sunday’s race at Imola to be postponed to allow focus on rescue efforts in the region.
Officials say five people have died and as many as 5,000 people have been evacuated after rivers swollen by days of flooding burst their banks, flooding nearby towns and cities.
An F1 statement read: “The Formula 1 community wants to send its thoughts to the people and communities affected by the recent events in the Emilia-Romagna region.
“We also want to pay tribute to the work of the emergency services who are doing everything they can to help those in need.
“Following discussions between Formula 1, the President of the FIA, the competent authorities including the relevant ministers, the President of the Automobile Club of Italy, the President of Emilia-Romagna Region, the Mayor of the City and the promoter the decision has been taken not to proceed with the Grand Prix weekend in Imola.
“The decision has been taken because it is not possible to safely hold the event for our fans, the teams and our personnel and it is the right and responsible thing to do given the situation faced by the towns and cities in the region.
“It would not be right to put further pressure on the local authorities and emergency services at this difficult time.”
Meanwhile, officials in Venice have activated a mobile sea barrier in the lagoon, in a bid to spare the city, a popular tourist destination, from a rare May high-tide flooding.
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It is the first time the barrier system, known by its acronym MOSES, has been lifted in May.
With rescue operations and evacuations in full swing – and with warnings of the potential of more bad weather on the way – Italy’s deputy minister has called for this weekend’s race to be postponed.
Matteo Salvini said it was “imperative to concentrate all efforts on coping with the emergency”, including avoiding a traffic overload in the area.
Italian F1 team, Scuderia Ferrari, commented on the flooding.
The team, based in Modena, a city which has also been hit by the flooding, wrote in a Tweet: “Our thoughts and sympathies are with the people of Emilia-Romagna and Marche as they deal with the destruction caused by the heavy rain and flooding currently affecting the area.”
The AlphaTauri team, which is based in nearby Faenza and is the closest team to the circuit, issued an appeal for donations to help local people Wednesday.
“Unfortunately, our town of Faenza has once again experienced significant rainfall and subsequent flooding,” the team said on Twitter.
It is the second race on the 2023 F1 calendar to be called off, after the ChineseGrand Prix, which was due to take place in April but was cancelled amid concerns about the country’s continued Covid restrictions.
Cesena, in the heart of the Emilia-Romagna region, has been one of the worst-hit areas, with pictures showing homes flooded along the banks of the River Savio.
One elderly man living in the countryside outside the city died after his home was flooded, according to local radio reports.
Cesena’s mayor Enzo Lattuca also warned of further flooding with forecasters suggesting the country’s spell of bad weather could last “until the end of May”.
“The situation could again become critical. We cannot in any way lower our guard,” he said.
In one rescue in the city, neighbours swam across the fast-moving waters of a flooded street to take a young girl from her mother’s arms.
One rescuer held the child above the floodwaters until she could be passed into the arms of other rescuers. Other residents helped the mother to safety.
Mayor Lattuca urged caution from residents. He told state television: “Use prudence, don’t be curious, so disaster doesn’t turn into tragedy.”
In the Pesaro-Urbino region, firefighters rescued a family with a four-month-old baby and a disabled man from flooding, while authorities in Ravenna, a popular tourist town, urged residents in low-lying areas to move to higher ground.
Firefighters in Rimini, a city and province on the Adriatic coast, carried out 40 rescues, while in the nearby beach town of Riccione, residents took to the streets in rubber dinghies.
In the city of Modena, authorities closed local bridges to traffic on Tuesday evening as a precaution against rising river levels.
Italy’s civil protection minister Nello Musumeci said as many as 5,000 people had been evacuated as a result of the floods.
Northeast Italy has suffered a shortfall of rain in recent weeks. However, meteorologists have warned of several days of heavy rain still to come.
Weather experts say the rain is due to the disappearance of a weather system known as an anticyclone – a large wind system that rotates anticlockwise around a centre of high atmospheric pressure.
One meteorologist, Mattia Gussoni from the weather site Ilmeteo, said the weather pattern could persist “at least until the end of the month”.
Elon Musk is being sued for failing to disclose his purchase of more than 5% of Twitter stock in a timely fashion.
The world’s richest man bought the stock in March 2022 and the complaint by the US Securities and Exchange Commission (SEC) said the delay allowed him to continue buying Twitter stock at artificially low prices.
In papers filed in Washington DC federal court, the SEC said the move allowed Mr Musk to underpay by at least $150m (£123m).
The commission wants Mr Musk to pay a civil fine and give up profits he was not entitled to.
In response to the lawsuit a lawyer for the multi-billionaire said: “Mr Musk has done nothing wrong and everyone sees this sham for what it is.”
An SEC rule requires investors to disclose within 10 calendar days when they cross a 5% ownership threshold.
The SEC said Mr Musk did not disclose his state until 4 April 2022, 11 days after the deadline – by which point he owned more than 9% of Twitter’s shares.
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Twitter’s share price rose by more than 27% following Mr Musk’s disclosure, the SEC added.
Mr Musk later purchased Twitter for $44bn (£36bn) in October 2022 and renamed the social media site X.
Since the election of Donald Trump, Mr Musk has been put in charge of leading a newly created Department of Government Efficiency (DOGE) alongside former Republican presidential candidate Vivek Ramaswamy.
The president-elect said the department would work to reduce government bureaucracy, slash excess regulations, cut wasteful expenditures and restructure federal agencies.
US president-elect Donald Trump has suggested Israel and Hamas could agree a Gaza ceasefire by the end of the week.
Talks between Israeli and Hamas representatives resumed in the Qatari capital Doha yesterday, after US President Joe Biden indicated a deal to stop the fighting was “on the brink” on Monday.
A draft agreement has been sent to both sides. It includes provisions for the release of hostages and a phased Israeli troop withdrawal from Gaza.
Qatar says Israel and Hamas are at their “closest point” yet to a ceasefire deal.
Two Hamas officials said the group has accepted the draft agreement, with Israel still considering the deal.
An Israeli official said a deal is close but “we are not there” yet.
More than 46,500 Palestinians have been killed in Gaza since Israel launched its ground offensive in the aftermath of the 7 October attacks, according to the territory’s Hamas-run health ministry.
President Biden said it would include a hostage release deal and a “surge” of aid to Palestinians, in his final foreign policy speech as president.
“So many innocent people have been killed, so many communities have been destroyed. Palestinian people deserve peace,” he said.
“The deal would free the hostages, halt the fighting, provide security to Israel, and allow us to significantly surge humanitarian assistance to the Palestinians who suffered terribly in this war that Hamas started.”
Qatari mediators have sent Israel and Hamas a draft proposal for an agreement to halt the fighting.
President-elect Donald Trump has also discussed a possible peace deal during a phone interview with the Newsmax channel.
“We’re very close to getting it done and they have to get it done,” he said.
“If they don’t get it done, there’s going to be a lot of trouble out there, a lot of trouble, like they have never seen before.
“And they will get it done. And I understand there’s been a handshake and they’re getting it finished and maybe by the end of the week. But it has to take place, it has to take place.”
Israeli official: Former Hamas leader held up deal
Speaking on Tuesday as negotiations resumed in Qatar, an anonymous Israeli official said that an agreement was “close, but we are not there”.
They accused Hamas of previously “dictating, not negotiating” but said this has changed in the last few weeks.
“Yahya Sinwar was the main obstacle for a deal,” they added.
Sinwar, believed to be the mastermind of the 7 October attacks, led Hamas following the assassination of his predecessor but was himself killed in October last year.
Under Sinwar, the Israeli official claimed, Hamas was “not in a rush” to bring a hostage deal but this has changed since his death and since the IDF “started to dismantle the Shia axis”.
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Biden: ‘Never, never, never, ever give up’
Iran ‘weaker than it’s been in decades’
Yesterday, President Biden also hailed Washington’s support for Israel during two Iranian attacks in 2024.
“All told, Iran is weaker than it’s been in decades,” the president said.
Mr Biden claimed America’s adversaries were weaker than when he took office four years ago and that the US was “winning the worldwide competition”.
“Compared to four years ago, America is stronger, our alliances are stronger, our adversaries and competitors are weaker,” he said.
“We have not gone to war to make these things happen.”
The US president is expected to give a farewell address on Wednesday.
The deal would see a number of things happen in a first stage, with negotiations for the second stage beginning in the third week of the ceasefire.
It would also allow a surge in humanitarian aid into Gaza, which has been devastated by more than a year of war.
Details of what the draft proposal entails have been emerging on Tuesday, reported by Israeli and Palestinian officials.
Hostages to be returned
In the first stage of the potential ceasefire, 33 hostages would be set free.
These include women (including female soldiers), children, men over the age of 50, wounded and sick.
Israelbelieves most of these hostages are alive but there has not been any official confirmation from Hamas.
In return for the release of the hostages, Israel would free more than 1,000 Palestinian prisoners and detainees.
People serving long sentences for deadly attacks would be included in this but Hamas fighters who took part in the 7 October attack would not be released.
An arrangement to prevent Palestinian “terrorists” from going back to the West Bank would be included in the deal, an anonymous Israeli official said.
The agreement also includes a phased withdrawal of Israeli forces from Gaza, with IDF troops remaining in the border perimeter to defend Israeli border towns and villages.
Security arrangements would be implemented at the Philadelphi corridor – a narrow strip of land that runs along the border between Egypt and Gaza – with Israel withdrawing from parts of it after the first few days of the deal.
The Rafah Crossing between Egypt and Gaza would start to work gradually to allow the crossing of people who are sick and other humanitarian cases out of Gaza for treatment.
Unarmed North Gaza residents would be allowed to return to their homes, with a mechanism introduced to ensure no weapons are moved there.
“We will not leave the Gaza Strip until all our hostages are back home,” the Israeli official said.
What will happen to Gaza in the future?
There is less detail about the future of Gaza – from how it will be governed, to any guarantees that this agreement will bring a permanent end to the war.
“The only thing that can answer for now is that we are ready for a ceasefire,” the Israeli official said.
“This is a long ceasefire and the deal that is being discussed right now is for a long one. There is a big price for releasing the hostages and we are ready to pay this price.”
The international community has said Gaza must be run by Palestinians, but there has not been a consensus about how this should be done – and the draft ceasefire agreement does not seem to address this either.
In the past, Israel has said it will not end the war leaving Hamas in power. It also previously rejected the possibility of the Palestinian Authority, which exercises limited governing powers in the West Bank, from taking over the administration of Gaza.
Since the beginning of its military campaign in Gaza, Israel has also said it would retain security control over the territory after the fighting ends.