It was David Hilbert who wrote the World Formula down during the first year of World War I in November 1915. The complexity of the math involved was not the only thing that obscured what should have been obvious. This book explains why nobody had realized his immortal stroke of genius.

Surely the reader had come across situations where he would have given his life to get the “final answer”, the reason for our existence, a Theory of Everything, a true World Formula that contains it all... So did the author of this book. There was this deep-seated and forever unquenchable thirst for fundamental explanations on the one hand, and then there was this very special motivation from somebody else who needed this knowledge, on the other: “How to explain the world to my dying child?” Perhaps this provided the driving force to actually start this million-mile-long journey with the first small—and very tentative—step. Considering all the efforts taken, money spent, disputes fought, papers and books written, and conferences held, it is almost shocking to find that, in principle, the World Formula was already there. It was David Hilbert who wrote it down during World War I in November 1915. The complexity of the math involved was not the only thing that obscured what should have been obvious. This book explains why apparently only very few people had realized his immortal stroke of genius.

Now that people are starting to see that karting is the perfect training ground for professional racers of all stripes—as well as a not-so-expensive alternative to full-scale road racing and oval track racing—it’s become the fastest-growing motorsport in the U.S. and the world. For the novice confronted with a bewildering array of choices—kart types and classes, road racing, sprint track racing, oval racing—this book offers answers. The best single resource on kart racing, Karting will teach you the ins and outs of the sport, from choosing a class and kart to selecting safety equipment to performing maintenance and mastering racing techniques that will get you up to speed on the track.

From Melbourne to Monza, 'The Pits' humanizes the mechanized world of elite motor racing, revealing the reality behind the stories that make the headlines. It depicts the full throttle experience of watching the race from the pit lane.

Formula One 2022, the world's bestselling Grand Prix handbook, is the essential resource for the season ahead. Formula 1 fans will be kept fully up to speed with detailed examinations of all the teams racing in 2022 (from Mercedes and Red Bull to Ferrari and Aston Martin), every driver in competition (including Charles Leclerc, Max Verstappen and Lewis Hamilton), and all the tracks featured on the packed Grand Prix calendar. It also reviews the 2021 season with race-by-race reports and statistics; highlights changes to the rules and regulations for 2022, and discusses major talking points in F1. As well as the drivers' and constructors' world championship tables from 2021, there is a fill-in guide for 2022, so each book can become a personalised record of the Formula One season. Complementing Bruce Jones's insightful text are dozens of color photographs, detailed circuit maps and a statistics section containing the major records from more than 70 years of the world's most thrilling and glamorous motor sport.

Formula apportionment as a way to attribute taxable profits of multinationals across jurisdictions is receiving increased attention. This paper reviews existing literature and discusses experiences in selective federal states to evaluate the economic properties of formula apportionment relative to the current international tax regime that is based on separate accounting. It highlights major advantages, such as the elimination of profit shifting within multinational groups; and it discusses new distortions and the impact on tax competition. The analysis exploits different datasets to assess the direct revenue implications for individual countries under alternative formulas. The distributional effects across countries are found to be large, reflecting major discrepancies between where profits are currently attributed and where factors of production are located or sales take place. The largest losses appear in investment hubs (i.e. countries with a disproportionate ratio of foreign direct investment to GDP), while several large advanced countries are likely to gain. Developing countries gain most likely if employment receives a large weight in the formula; they also tend to benefit, on average, from a formula based on sales by destination.