Near Birmingham in Britain, for instance, the cluster of car-industry service firms that grew up when that city was a force in the industry has become an important element in the development of Formula One and other specialist vehicle businesses.

ECONOMIST: Idea: Clustering | The

Brad Coffey, head of corporate development for the company, likens the formula to a machine: Put a dollar in at the top and the LTV:CAC ratio will tell you roughly how many dollars come out at the bottom.

FORBES: In Defense Of The Lifetime Value (LTV) Formula

Its development has made use of advanced technology from the world of Formula 1: the battery is the first result of the co-operation between Mercedes-AMG GmbH in Affalterbach and Mercedes AMG High Performance Powertrains (formerly Mercedes-Benz High Performance Engines).

ENGADGET: Visualized: Mercedes-Benz SLS AMG E-Cell bares all

The AMA also urges the development and use of safe alternatives to BPA for the linings of infant formula cans and other food can linings.

CNN: Ban unsafe chemical from baby bottles and cups

Teixeira details his disputes with a number of those European clubs on Facebook, claiming they failed to pay the true cost of training a player to the development club, based on FIFA's formula.

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Development of the purpose-built site in Austin was halted last month following a dispute between organizers and Formula One Management (FOM) over payment for the event, but the track's partners confirmed the fee had now been paid to F1's commercial rights holders.

CNN: U.S. GP back on as 2012 F1 calendar confirmed