Podbit · Armchair Expert with Dax Shepard

Susie Wolff (Managing Director of F1 Academy)

Explore episode Jun 24, 2026

Business

From Team Principal of Venturi to Managing Director of F1 Academy

Susie Wolff (Managing Director of F1 Academy) · Jun 24, 2026 Business

After retiring from driving in 2015, Susie became team principal and then CEO of the Venturi Formula E team, helping it nearly win the world championship. When her business partner sold the team to build an electric Mars rover, she was about to join that project — until Stefano Domenicali called about F1 Academy. She had to exit the space venture to take it, letting Gildo de Pastor down in the process.

Similar podbits

Business

Data point $1.3T

NPR News: 07-14-2026 1AM EDT · Jul 14, 2026 Business

Nine months into the fiscal year, the U.S. is more than $1.3 trillion in the red — and the interest bill alone has already surpassed $1 trillion. That single line item now costs more than virtually every government program except Social Security.

Business

Data point $80B

NPR News: 07-14-2026 1AM EDT · Jul 14, 2026 Business

The Supreme Court struck down the president's sweeping import taxes, and now the government is footing an $80 billion refund bill. While the administration scrambles to impose new tariffs, the fiscal fallout from the old ones is still being tallied.

Business

Data point $81B

NPR News: 07-14-2026 12AM EDT · Jul 14, 2026 Business

Twelve states filed a lawsuit to block Paramount's $81 billion takeover of Warner Bros. Discovery, arguing it would harm competition and raise prices for consumers. Paramount says it will vigorously defend the deal.

Business

Data point 6.3%

NPR News: 07-13-2026 1AM EDT · Jul 13, 2026 Business

US consumer spending jumped 6.3% in June year-over-year, the strongest growth in four years, boosted by the World Cup and an early Amazon Prime Day. But the gains may be fragile: spending is rising faster than wages, raising sustainability questions.

Business

Why Young People Are Doom-Spending Their Way Into Debt

Why Everyone Is Drowning In Debt (and how to get out) - Cal… · Jul 13, 2026 Business

Gen Z isn't just bad with money — they're trapped in a doom loop. Negative algorithms convince them the future is hopeless, so spending recklessly feels rational. Consumer sentiment is at a near-all-time low despite the economy not being that bad, and the pessimism is becoming a self-fulfilling prophecy.

Business

The Hidden Costs of Bankruptcy Nobody Talks About

Why Everyone Is Drowning In Debt (and how to get out) - Cal… · Jul 13, 2026 Business

Bankruptcy costs thousands in legal fees, tanks your credit for up to a decade, forces you into predatory 25% car loans, and means credit cards with monthly fees even when you pay on time. But the real hidden cost is that it changes nothing about the behaviour that got you there.

Business

Why Emergency Debt Is Never Really About the Emergency

Why Everyone Is Drowning In Debt (and how to get out) - Cal… · Jul 13, 2026 Business

People blame debt on emergencies, but Caleb Hammer flips the logic: if you had no savings before the emergency hit, the emergency didn't cause your debt — your lifestyle did. The emergency just revealed a savings problem that was already there.

Business

High Earners Are the Worst Cases on Financial Audit

Why Everyone Is Drowning In Debt (and how to get out) - Cal… · Jul 13, 2026 Business

The biggest financial train wrecks on Financial Audit aren't low-income guests — they're people earning $200K to $500K. Higher income means approval for more debt, bigger lifestyle inflation, and a longer fall. The people making the least are often in better shape than those making the most.

Business

The $5M Liquid Milestone: What Real Financial Security Looks Like

Why Everyone Is Drowning In Debt (and how to get out) - Cal… · Jul 13, 2026 Business

$5 million liquid is the number where you can weather almost any emergency — including a serious cancer diagnosis — and live off ~$60K/year using the 4% rule. Caleb agrees with O'Leary's target but disagrees on the vehicle: stock market index funds beat T-bills for anyone with time on their side.