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…)
Moneymoneymoneymoney … Money!
“GO RACING ON A BUDGET!” It’s the go-to headline of a thousand magazine covers. When you see that headline, you can be assured of several things: the cost of labor will never be mentioned; nobody’s time is worth anything; nothing ever breaks, fails, or requires early replacement; and certain costs, like transportation and storage, will simply disappear without comment from the final accounting.
Today, I’d like to change all that. I’d like to tell you what this past weekend cost me, and what I got for my money. I’m doing this because I think some of you are interested in going racing, and the rest of you are simply amused when I suffer, whether physically or fiscally.
Remember the ‘N’ Division, Hyundai’s effort to bring attainable performance to its buyers? No?
Hyundai launched the division last September, three years after it created Project RM (Racing Midship) to test high-performance technology for use in future vehicles. So far, the division hasn’t yielded a production vehicle, but the automaker appears to be getting closer. (Read More…)
It beats hooning your mom’s Honda Odyssey.
A teenager took the top spot in the first three races of the Toyota 86 Racing Series this past weekend, beating back the 38 entrants in the fledgling event.
Former kart champion Cameron Hill’s win is exactly what Toyota had in mind when it crafted the three-year series. Designed as an entry point for up-and-coming drivers, the series pits up to five professional drivers against a field of amateurs, with training being top of mind. (Though a $125,000 prize pool sweetens the deal). (Read More…)
The complaint most often tossed at Formula 1 is that despite being the (alleged) pinnacle of motorsports, its relevancy to road cars has disappeared.
That same feeling is what brought us to the current formula of tiny 1.6-liter turbocharged six-cylinder engines, all coupled to a complex hybrid system. Since that move, the racing series has focused more on engine development that in almost any era before, and with that comes a breakthrough in the way we look at thermal efficiency. (Read More…)
Murilee loves to wax about the scourge of Miserable Econoboxes infesting our shores during the Malaise Era. Turns out, a few of them skipped daily commuter duty and went straight to the track instead.
If you missed your chance getting into a limited edition Ford GT supercar last week, your EcoBoost-powered dreams might not be over.
Dave Pericak, director of Global Ford Performance, recently told Autocar that the 600-plus horsepower heart of the GT could beat on — in other low-volume specialty models. (Read More…)
Why should Nissan have all the stealthy sport crossover fun?
That’s the view of Toyota C-HR chief engineer Hiroyuki Koba, who is seeking approval for a hotter version of the upcoming crossover, Autocar reports.
First teased as a Scion concept, the 2017 C-HR bowed earlier this year at the Geneva Motor Show, adopting a new brand name after Toyota took its youth-oriented division behind the barn for a date with death. (Read More…)
If you didn’t think an electric car could stall, Volkswagen has a Golf-sized dose of reality for you.
That, Jeep’s Compass/Patriot successor wants to woo south of the Equator, General Motors gets some good legal news, there’s money in them there charging stations, and Volvo gets a PR boost … after the break!
When fire destroyed Jaguar’s Browns Lane plant on Feb. 12, 1957, nine of the 25 existing XK-SS models were consumed by flames. The spartan roadster — a road going version of the famous D-type race car — went on to become a legend and the remaining 16 examples are among the most valuable collector cars on the market.
Now, the lost nine are going to rise from the ashes, as Jaguar plans to use their serial numbers on a limited run of exact replicas, mirroring last year’s E-type Lightweight.