Category: Business

A Race Is Never Won Alone: With La Tavolata, Barilla Brings the Paddock Family Together on the Monza Grid

Business Wire India

On Thursday evening ahead of the Formula 1^® Italian Grand Prix, Barilla transformed one of the sport’s fastest and most competitive environments into a place where the Paddock Family took center stage.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260902463001/en/

La Tavolata by Barilla on the starting grid of the Monza circuit.

More than two hundred people gathered around a single table: drivers, Team Principals, mechanics, engineers, strategists, safety and medical car drivers, personal trainers, tire technicians. The individuals whose collaboration, precision and trust shape every race, every decision and every performance.

A nearly 100-meter table set with plates and pasta. With the first-ever Tavolata organized by Barilla and F1, people from across the Formula 1^® ecosystem – including VCARB driver Yuki Tsunoda and his Race Engineer Alexandre Iliopoulos – celebrated the same principle that defines racing: exceptional performance is never achieved alone.

Curated by three-Michelin-starred chef Massimo Bottura, the dinner celebrated Italian hospitality through a menu designed around Barilla pasta, in partnership with DO&CO, Official Supplier to the F1 Paddock Club.

“Great performances are never a solo effort – Massimo Bottura said – Whether aiming for the podium in Monza or running a Michelin restaurant, success always belongs to the team. That is why I always say, ‘On my own I am Massimo Bottura; together we are the Francescana Family’. Bringing La Tavolata to life with Barilla is a celebration of the culinary community that drives our daily practice.”

For one evening, the usual rhythm of the paddock changed. Drivers, engineers and mechanics came together away from the intensity of the race weekend, creating space for meaningful conversations and celebrating the collaboration that drives every achievement on track. La Tavolata brought attention to the many hands, minds and relationships that shape Formula 1^® beyond what fans see.

Yuki Tsunoda, VCARB driver said: “I’m so happy to have been able to join La Tavolata this evening with Barilla. In Formula 1®️, you’re never driving alone and tonight showcased all the people it takes to win on and off track. Teamwork is at the heart of everything we do, and it’s in these moments where you build those relationships and trust. It’s something we rarely get to do during a race weekend so to do this was pretty special.”

“When I was racing, some of the most important relationships were built away from the cameras. With engineers, mechanics, strategists and everyone who had to trust each other when the pressure was at its highest – Formula 1^® World Champion Nico Rosberg said – That’s what makes an evening like this one so meaningful. It brings the people behind the performance together and reminds us that, ultimately, racing is a team sport built on human connection.”

Generations of Formula 1^® teams have arrived at Monza chasing performance, each relying on the same foundations: trust, preparation and collaboration. While the sport continues to evolve, the relationships behind every race remain one of its enduring constants.

“When I raced in Formula 1^®, I learned very quickly that every lap, every decision and every result depended also on the people around me,” said Paolo Barilla, Vice Chairman of Barilla Group and former Formula 1^® driver. “Today’s cars and technologies are very different, but that principle hasn’t changed. Behind every performance is a team whose trust, expertise and dedication make success possible. La Tavolata celebrates those people and the role they play in every race weekend. The moments we shared around the table added a sense of friendship and joy to the adrenaline of the competition.”

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The Untold Story ‘NEW YORK IN MONCLER’

Business Wire India

A Retrospective of Pioneering New York Moments

Some love stories take time. After decades of shared moments, Moncler reveals the story of its enduring relationship with New York through an expansive city-wide declaration of love.

The untold story of New York in Moncler began when snow met concrete. What could have melted instead endured, forging a love built on pioneering moments and strengthened with every chapter. They found each other, again and again. Decades later, their story is finally ready to be shared.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260903072477/en/

NEW YORK IN MONCLER MIDTOWN MOUNTAINS

Revealed through one of the largest open-air public exhibitions the city has ever seen, New York in Monclerunveils the peak moments that capture the bond between New York and Moncler, transforming communal spaces across the city into a powerful retrospective gallery from September 9-13.

New York in Moncleris a very public display of affection;large-scale photographs will showcase unforgettable experiences born from more than twenty years of close collaboration and cultural exchange. Unfolding in a city-wide takeover, the exhibition culminates in a dedicated space within Grand Central Terminal’s Vanderbilt Hall.

The moments on display have shaped the brand’s evolution and helped establish the creative language that defines Moncler today: alpine-inspired design, not only celebrated as technical mountain apparel, but also as a global metropolitan symbol of style, protection, and human connection.

These landmark memories are further celebrated in a film released today, September 3, that brings to life the secret love story between Moncler and New York. Moving through special moments that have shaped the relationship over time – from shows and campaigns to the connections between the city, its people and Moncler – the film becomes a visual expression of this bond. Narrated by iconic New Yorker and close friend of the brand Alicia Keys, who passionately voices the story over her unreleased new music, it captures a relationship that continues to evolve.

Together, these milestones established New York as a Moncler muse – a city where Moncler demonstrated that fashion could deliver performance, provide a platform for creativity, and create shared cultural experiences.

A new chapter in the love affair is about to begin.

Just steps from Grand Central Terminal, Moncler will unveil its largest-ever global flagship, Moncler Fifth Avenue. The new location represents the latest in a series of highs, the ultimate expression of the love between city and brand – and a bricks-and-mortar embodiment of an incomparable connection. A space where the next decades of Moncler’s New York dreams can come true.

New York in Moncler will be on display at Grand Central Terminal’s Vanderbilt Hall and across New York City from September 9–13. Works on display include:

A Hudson Hike
Chelsea Pier, 2010
Moncler’s New York ascent began with the transformation of the iconic riverside site into an urban mountain, as 100 Moncler Grenoble-clad models scaled scaffolding in an immersive Fashion Week moment.

A Grand Groove
Grand Central Terminal, 2011
Grand Central Terminal’s Main Concourse became a surprise runway for Moncler Grenoble’s Fall/Winter New York Fashion Week presentation. 140 dancers, clad in technical alpine wear, captivated commuters with a synchronized performance.

A Central Skate
Central Park, 2012
Professional skaters, wearing red, white, and blue, took to Central Park’s Wollman Rink in a large-scale ice performance for Moncler Grenoble’s Fashion Week moment, accompanied by a live orchestra of New York musicians.

A Gotham Forest
Gotham Hall, 2013
Moncler Grenoble transformed New York’s Gotham Hall into an immersive installation, recreating a sense of the alpine outdoors in the heart of Manhattan with a tiered ‘Inner Forest’ formation of nearly 370 green-clad models.

A Ballroom Ballad
Hammerstein Ballroom, 2014
New York’s iconic music venue became a monumental performance machine, blending alpine vocal tradition with engineered choreography for the Moncler Grenoble Fall/Winter fashion show. Sixty choristers, arranged across a multi-level structure, formed the living backdrop for Swiss artists André and Michel Décosterd’s Pendulum Choir installation, performed on hydraulic platforms.

Midtown Mountains
Chrysler Building, 2014
Annie Leibovitz lensed the Moncler Collection Fall/Winter campaign, capturing model Simon Howell on top of the iconic Chrysler Building. Embodying the brand’s defining concept of a universal jacket that transcends seasons, trends, and borders, the image blurs the lines between mountain summit and the soaring skyscraper.

Art For Love
New York Public Library, 2015

Moncler’s Art For Love project, an initiative developed in support of amfAR, was presented at the New York Public Library during Fashion Week. Curated by Fabien Baron, the project invited 32 photographers to reinterpret Moncler’s iconic Maya jacket, transforming it from a functional garment into a canvas for a broader dialogue between fashion, photography, and philanthropy.

Image 1: Studiocat by American photographer Brigitte Lacombe presented an unexpected protagonist, turning the jacket into both protective cocoon and theatrical frame – a witty, character-driven interpretation of Moncler’s most recognisable silhouette.

Image 2: Camilla Åkrans’ A Surrealist Portrait with Flowers features a model enveloped by a dense floral arrangement, with the Maya jacket woven into a dreamlike composition. Known for her expressive portraiture and evocative use of natural elements, Åkrans transformed the functional garment into a poetic image that reflects her signature visual language of femininity, romance, and nature.

All Together
Lincoln Center, 2016
Moncler Grenoble’s landmark Fall/Winter New York Fashion Week presentation, staged in polar-vortex conditions, transformed the frozen plaza into a live performance stage. Eighty performers marched in step, in the extreme cold conditions Moncler’s technical outdoor dimension is designed to withstand.

Brooklyn’s Spike
Spike Lee, 2017
Seminal New York filmmaker and cultural chronicler Spike Lee attends the Moncler Grenoble Fashion Week presentation at the Hammerstein Ballroom in 2017 as a special guest.

People and Places
Vogue, 2017
In 2017, Vogue captured an array of stylish New Yorkers in their respective neighborhoods, showcasing individual expressions of personality against the city’s inspiring streets. Spotlighting an eclectic cast, the feature celebrated the versatility and effortless appeal of Moncler’s iconic puffers, presented in a range of vibrant shades and distinctive finishes.

Winter Runway
Sarah Jessica Parker, 2023
Originally co-created with Pierpaolo Piccioli for Moncler Genius in 2019, this couture-inspired puffer gown gained renewed cultural prominence in 2023. Worn by Sarah Jessica Parker, Piccioli’s design evolved from a runway experiment into a pop-culture emblem of New York winter.

A State of Mind
Alicia Keys, 2023
The cultural trailblazer and global icon’s co-created Moncler x Alicia Keys collection revisits personal memories of ‘90s New York, inspired by the possibility of the city’s concrete jungle. Oversized silhouettes, technical textures, and bold color, including Keys’ own signature purple, channel the sporty, magnetic energy of the streets that raised her.

SoHo Style
Penn Badgley, 2025
Shot on the storied streets of SoHo, the Moncler Collection Spring 2025 campaign starred acclaimed actor and New Yorker Penn Badgley, embodying a distinctly laid-back yet sophisticated take on metropolitan style.

The Red Carpet
Vittoria Ceretti, 2025
Moncler made its debut on fashion’s most fabulous stage alongside friend of the brand Edward Enninful – iconic editor, stylist, and cultural contributor. Inspired by the evening’s theme, Superfine: Tailoring Black Style, supermodel Vittoria Ceretti wore a tailored mini dress crafted from navy pinstriped wool and sculpted into a corseted silhouette with a dramatic train. An iconic Moncler down cape, crowned with an extravagant hood, completed the look.

Sun in the City
Fei Fei Sun, 2025
New York-based model Fei Fei Sun wears a look from Edward Enninful’s debut collection as a designer, Moncler x EE72 by Edward Enninful. Captured by Zhong Lin for Vogue China, the collection envisioned the wardrobe of a modern global adventurer – bold, sophisticated, and equipped to traverse every landscape, from sun-scorched dunes and windswept shores to snow-capped peaks.

Warmer Together
A Celebration of Friendship, 2025
Shot on the rooftops of New York, two chairs stood as symbols of connection before lifelong friends and cinematic legends Robert De Niro and Al Pacino took their seats. Together, they embodied love, warmth, and mutual respect in the global Warmer Together campaign.

On Stage
Rockefeller Center, 2025
Tobe Nwigwe brought an intimate yet rousing live performance to New York’s iconic Rockefeller Center in celebration of Moncler’s Warmer Together campaign. Rooted in the brand’s heritage of sharing warmth, the campaign celebrates friendship, trust, respect, and human connection – values embodied by Tobe in this emotive performance.

Monty & Monduck
Visiting New York, 2026
A pioneering second LoveFrom, Moncler collection, created with legendary designer Jony Ive’s LoveFrom collective, is unveiled as part of the launch of Moncler Fifth Avenue, the brand’s largest-ever global flagship. The two brands are embodied here in Central Park by their respective mascots Monduck and Montgomery.

To learn more about New York in Moncler visit: https://www.moncler.com/link/page/new-york-retrospective

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Energy Vault Accelerates 125 MW / 1 GWh Stoney Creek BESS Toward Construction with Full Project Land Acquisition Milestone in Australia

Business Wire India

Energy Vault completes acquisition of the underlying project land following FIRB government approval, converting from existing lease agreement to full land ownership, advancing construction readiness for the 125 MW / 1 GWh Stoney Creek BESS

Construction now expected to commence in Q1 2027, with commercial operations targeted for H1 2028; the project is supported by a 14-year Long-Term Energy Service Agreement (LTESA), providing expected annual, long-term revenue of approximately $25-$30 million per year

Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a global energy infrastructure company supporting grid reliability and next-generation AI and high-performance computing infrastructure, today announced the completion of the acquisition of the underlying project land for the 125 MW / 1 GWh Stoney Creek Battery Energy Storage System (“BESS”) in Northern New South Wales, Australia.

The land, which was previously secured under an agreement for lease, is now owned by Energy Vault following receipt of the required Foreign Investment Review Board (“FIRB”) approval. The transaction represents an important development milestone for Stoney Creek, securing long-term site control and further de-risking the project as it advances toward construction.

Construction of the Stoney Creek BESS is expected to commence in Q1 2027, with commercial operations targeted for H1 2028, subject to final approvals. The project is supported by a 14-year Long-Term Energy Service Agreement (“LTESA”) awarded through AEMO Services under the New South Wales Electricity Infrastructure Roadmap, providing long-term revenue visibility and supporting durable project economics.

Stoney Creek is a flagship Australian asset within Energy Vault’s Build, Own & Operate portfolio and is designed to provide eight hours of dispatchable energy storage capacity. By transitioning the project site from lease-based control to full ownership, Energy Vault has strengthened its control across the development, construction, operation and long-term management of the asset.

“Completing the acquisition of the Stoney Creek project site is another important execution milestone as we advance this asset toward construction and commercial operation,” said Akshay Ladwa, Chief Development and Operations Officer of Energy Vault. “With long-term site ownership secured and a 14-year LTESA in place, Stoney Creek represents the type of high-quality infrastructure asset at the core of our Build, Own & Operate strategy – combining contracted revenue visibility with long-duration asset ownership and the potential to generate durable recurring cash flows.”

Marco Terruzzin, Chief Revenue Officer of Energy Vault, added: “Australia remains a strategic growth market for Energy Vault, and Stoney Creek demonstrates our ability to move large-scale projects systematically through development and into construction. We remain focused on disciplined execution as we scale a global portfolio of owned energy infrastructure assets designed to deliver predictable, long-term value for our shareholders.”

The Stoney Creek BESS is expected to provide critical dispatchable capacity to the New South Wales power system, supporting grid reliability and the continued integration of renewable generation. Energy Vault plans to utilize its VaultOS™ energy management platform to optimize asset performance, market participation and lifecycle operations.

As Stoney Creek advances toward construction, it is expected to expand Energy Vault’s Australian Build, Own & Operate portfolio and contribute to the Company’s growing global base of contracted, recurring revenues.

About Energy Vault

Energy Vault® is an integrated power infrastructure platform that builds, owns and operates flexible, reliable energy systems to accelerate time-to-power for utilities, independent power producers, industrial customers and the AI and data center market. At the core of its platform is a technology-agnostic, software-enabled architecture that is designed to accelerate project delivery, optimize performance and drive faster time-to-revenue. Energy Vault’s integrated solutions combine energy storage, generation and advanced energy management to deliver scalable infrastructure tailored to customer needs. Its portfolio spans short-, long- and multi-day duration storage, enabling reliability, flexibility and cost efficiency across applications. For utilities and grid operators, Energy Vault provides firm, flexible capacity enhances grid stability and helps to ensure reliable power delivery. For industrial and data center customers, the platform enables resilient, cost-efficient power supply to support critical operations. Through its Build, Own & Operate model, Energy Vault generates long-term, recurring revenues while delivering project execution excellence across development, delivery and operations. By combining innovation with disciplined execution, Energy Vault is redefining how power infrastructure is developed and deployed – delivering reliability, flexibility and scale in a rapidly evolving global energy market. Please visit www.energyvault.com for additional information.

Forward-Looking Statements

This press release includes forward-looking statements that reflect the Company’s current views with respect to, among other things, the Company’s operations and financial performance. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These statements often include words such as “anticipate,” “expect,” “contemplate,” “continue,” “suggest,” “plan,” “potential,” “predict,” “believe,” “intend,” “project,” “forecast,” “estimate,” “target,” “should,” “could,” “would,” “may,” “might,” “will” and other similar expressions. We base these forward-looking statements or projections on our current expectations, plans and assumptions, which we have made in light of our experience in our industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances at the time. These forward-looking statements involve significant risks and uncertainties that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including changes in our strategy, expansion plans, customer opportunities, future operations, future financial position, estimated revenues and losses, expected financings, projected costs, prospects and plans; the uncertainty of our awards, bookings, backlog and developed pipeline equating to future revenue; the possibility of our products or services to be or alleged to be defective or experience other failures; the implementation, market acceptance and success of our business model and growth strategy; our ability to develop and maintain our brand and reputation; developments and projections relating to our business, our competitors, and industry; the impact of macroeconomic uncertainty, including with respect to uncertainty about the future relationship between the United States and other countries with respect to trade policies and tariffs; changes in tax laws and government regulations and the impact of those changes on us, including as a result of the One Big Beautiful Bill Act and its changes to the Internal Revenue Code of 1986, as amended and the clean-energy tax credits established under the Inflation Reduction Act of 2022; investment in development projects that may not achieve commercial operations in our predicted timeframe or at all; our efforts to diversify our supply chain to lessen the impact of tariffs; the ability of our suppliers to deliver necessary components or raw materials for construction of our energy storage systems in a timely manner; our expectations regarding our ability to obtain and maintain intellectual property protection and not infringe on the rights of others; our future capital requirements and sources and uses of cash; developments in U.S. and global trade policy; the international nature of our operations and the impact of war or other hostilities on our business and global markets; our ability to obtain funding for our operations and future growth; and our business, expansion plans and opportunities, including our expansion into owned and operated projects; and other important factors discussed under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 18, 2026, as such factors may be updated from time to time in its other filings with the SEC, accessible on the SEC’s website at www.sec.gov. New risks emerge from time to time and it is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Any forward-looking statement made by us in this press release speaks only as of the date of this press release and is expressly qualified in its entirety by the cautionary statements included in this press release. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable laws. You should not place undue reliance on our forward-looking statements.

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