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    Business 177 Proposal

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    Borakovsky Ivanovsky
    Proposal to business case part 1

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    © All Rights Reserved
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    Business 177 Proposal

    Uploaded by

    Borakovsky Ivanovsky
    5 views4 pages
    Proposal to business case part 1

    Original Title

    BUSINESS_177_PROPOSAL

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    © © All Rights Reserved

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    DOCX, PDF, TXT or read online from Scribd

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    Proposal to business case part 1

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    5 views4 pages

    Business 177 Proposal

    Uploaded by

    Borakovsky Ivanovsky
    Proposal to business case part 1

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    Sue Windom

    BUSINESS

    BUSINESS_177_PROPOSAL

    Oliver James Bearman (born 8 May 2005) is a British racing driver, currently competing in

    the FIA Formula 2 Championship for Prema and serving as a reserve driver in Formula One

    for Ferrari and Haas.Bearman has competed in Formula One at three Grands Prix in

    2024.Born in London and raised in Chelmsford, Bearman began competitive kart racing

    aged seven, winning several national and continental titles.Graduating to junior formulae in

    2020, Bearman won his first title at the 2021 Italian F4 Championship, also winning the

    ADAC F4 Championship that year, both with Van Amersfoort.He then competed in FIA

    Formula 3 in 2022, finishing third in his rookie season with Prema.Bearman progressed to

    Formula 2 in 2023, winning several races across two seasons.A member of the Ferrari

    Driver Academy since 2022, Bearman is a reserve driver for both Ferrari and Haas in 2024,

    substituting for Carlos Sainz Jr. in Saudi Arabia—making his Formula One debut—and for

    Kevin Magnussen in Azerbaijan and São Paulo, becoming the youngest-ever driver to

    compete for Ferrari at the former.From 2025 onwards, he is set to compete for Haas

    alongside Esteban Ocon.== Personal life ==

    Bearman was born on 8 May 2005 to David and Terri Bearman in Havering, London.He has

    a younger brother, Thomas Bearman (who is also a racing driver), and a sister.His father is

    the founder and chief executive officer of the insurance firm Aventum Group.Bearman grew

    up in Chelmsford, Essex, where he attended King Edward VI Grammar School.Bearman left

    school at the age of 16 to join the Ferrari Driver Academy in Modena, Italy.== Career ==
    === Karting career ===

    Bearman started karting competitively in 2013, when he raced in the championship of the

    Trent Valley Kart Club.He then moved to compete in the Super 1 National Championships,

    where he managed a best finish of second in 2016 and 2017, driving in the Cadet

    category.He then won the Kartmasters British Grand Prix in 2017, and he finished his

    karting career off strongly in 2019 with victory in the IAME International Final, IAME Euro

    Series and IAME Winter Cup.=== Lower formulae ===

    ==== 2020 ====

    In 2020, Bearman made his single-seater debut in the ADAC Formula 4 Championship with

    US Racing, whilst also racing in three rounds of Italian F4.His campaign in the German series

    started off with regular points finishes in the first two rounds, before achieving his debut

    victory at the Hockenheimring.Bearman followed that up by scoring two further podiums,

    one at the Nürburgring and Oschersleben, respectively, and finished seventh in the

    standings, ahead of fellow rookie teammate Vladislav Lomko but behind top rookie and

    teammate Tim Tramnitz.In his appearances in the Italian Championship, the Briton scored a

    total of two podiums, with one of them being a race win in Vallelunga, leading to him

    finishing tenth in the end results.==== 2021 ====

    For the 2021 season, Bearman switched to Van Amersfoort Racing to perform double duties

    in both the German and Italian F4 Championships.In the Italian series, the Brit kicked off his

    season with a third place at the Circuit Paul Ricard.Following another podium in the same

    round Bearman went on a podium and win streak, which lasted for nine and seven races
    respectively.This included two victories in Misano, a hattrick of wins at the Vallelunga

    Circuit and two wins in Imola.However, a disqualification from the third Imola race for an

    engine irregularity meant that Bearman lost his streak, having originally won the

    race.Undeterred, Bearman achieved his eighth win of the season at the following race at the

    Red Bull Ring, and followed it up with another podium in the second race.In the penultimate

    round of the season, Bearman won the title with a tenth place in the third race, putting the

    championship out of reach for his closest rival Tim Tramnitz.In the German championship,

    Bearman claimed six victories and after a season-long battle with Tramnitz, claimed the title

    at the season finale at the Nürburgring, thus making him the first driver to achieve two

    successive Formula 4 titles in a single year.In September 2021, as reward for his two F4

    titles, Bearman was nominated for the Autosport BRDC Award.Additionally, in December

    2021, Bearman was awarded the Henry Surtees Award for most outstanding performance

    by a BRDC rising star.=== BRDC Formula 3 Championship ===

    Along with his duties in Formula 4, Bearman raced in the BRDC British Formula 3

    Championship with Fortec Motorsports, partnering Roberto Faria and Mikkel Grundtvig.He

    started his campaign off strongly, scoring two second-place finishes in the first two races at

    Brands Hatch.Having skipped the following three rounds in order to concentrate on his F4

    campaign, Bearman came back at the Snetterton Circuit, where he won the opening race,

    and he followed that up by qualifying on pole for the first race at Silverstone.However, his

    chances of victory were slashed after losing his front left wheel on the second lap, which

    meant that a second place in Race 2 was the highest finish of his weekend.=== FIA Formula

    3 Championship ===

    On 31 October 2021 Bearman was announced to be participating in the post-season test of


    the FIA Formula 3 Championship with Prema Racing, partnering Jak Crawford, Arthur

    Leclerc and Paul Aron.At the end of the year, Bearman was announced to be driving with

    Prema for the 2022 season alongside Crawford and Leclerc.Bearman started his season by

    controlling the first race of the year in Bahrain, although, having crossed the finish line in

    first place, he was issued a penalty for multiple track limits breaches, which demoted him to

    second behind Isack Hadjar.

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