New details about the Formula One purchase trickled out last night after the buyer, Liberty Media Corp., agreed a deal to take over the sport.
The U.S.-based entertainment and telecommunications giant will initially pay $4.4 billion for a controlling stake in the franchise, The Guardian reports, and a familiar white-haired figure will keep his job. (Read More…)
Longtime Formula One chief executive Bernie Ecclestone will remain involved with his beloved sport, even after an imminent takeover by a U.S.-based media company.
Ecclestone, head of Formula One for the past four decades, says he’s been asked to stay on for three years after the takeover, Reuters reports. (Read More…)
Brazilian media sources say kidnappers are demanding a huge ransom for the safe return of Formula One boss Bernie Ecclestone’s mother-in-law.
The São Paulo kidnapping of Aparecida Schunck, mother of Ecclestone’s wife Fabiana Flosi, was reported in Veja and Globo, according to the BBC. The assailants are asking for $36.5 million. (Read More…)
Millennials are buying Ford SUVs like it’s going out of style, no doubt dismaying the friends who like to lecture people about their lifestyle on Facebook.
That, Chevrolet offers a voyeur package for its full-side pickup, Fiat Chrysler Automobiles grabs a stack of cash with both hands, Mercedes-Benz gives its midsize SUV the AMG treatment, and two more automakers eye the Formula E grid … after the break!
Apple today rolled out a slew of gadgets including an iPad the size of the 10 Commandments, a new iPhone that sounds a lot like the old iPhone that likes to be touched and touched hard, a Pencil that Steve Jobs never wanted and a Microsoft Surface Pro keyboard.
Yadda, yadda, yadda. The new Apple TV may be what most people will be talking about and it could change how we watch motorsports. Imagine in-car feeds between cars chasing each other, live scoring and timing underneath the feeds, cold beer in your fridge and no lines at the bathroom.
We live in exciting times, people. (Read More…)
After speculation that Germany’s famed Nurburgring would lift speed limits at the track for manufacturer testing this year, GTSpirit.com has reported that officials will keep the limits in place for at least this year.
“There is no change in the situation so far and the speed limit at three sections of the Nordschleife will not be lifted during the 2015 season,” track spokesman Uwe Baldes told GTSpirit.com.
Nurburgring management implemented speed limits in three portions of the track after a Nissan GT-R GT3 crashed and killed a spectator during a race held in March. The limits effectively ended the manufacturer arms race for the fastest production time around the circuit.
Chances are you probably won’t see this Golf in the Volkswagen showroom anytime soon. Volkswagen Motorsport rolled out its race-tuned Golf on Thursday, built to compete in the Touringcar Racer International Series.
The 2.0-liter turbocharged four, which has been tuned to 330 horsepower and 302 pound-feet of torque, is mated to a six-speed, dual-clutch automatic transmission and is front-wheel drive.
The huge rear wing, front air dam and side skirts obviously add 15 percent more go-fast.
Our recent post asking what possible relevance most automobile racing has to the consumer side of the auto industry has me thinking about a race series idea that’s been percolating in my head for a while. The goal of the concept is to come up with a racing series that will resonate both with consumers (read: auto manufacturers) and racing enthusiasts. So far, I have a pretty good idea of what kind of cars, rules, tracks and schedules would be involved, but as yet I haven’t come up with some kind of catchy acronymic name.
To begin with, it would be based on production cars in North America and the races would be run in all three countries that make up the continent — Canada, Mexico, and the United States. That should get some manufacturers involved, if not fielding works teams, at least in terms of funding, PR, and technical support. (Read More…)
All-around fast driver and New Zealander Rhys Millen had roughly 20 miles of experience behind the wheel of his Latvian-made eO electric race car before Sunday’s race.
That apparently didn’t matter as he piloted the first electric car to an overall win at the 93rd running of the Pikes Peak International Hill Climb on Sunday.
Any plans for Labor Day Weekend next year? If you’re in Boston, those plans could include an IndyCar event on its streets.