Formula One Gets New Logo for Next Season

With the conclusion of the 2017 season, Formula One decided it was time to unveil its new logo at the Abu Dhabi Grand Prix. The change underlines a “new era” for the sport under Liberty Media and, admittedly, does seem to be a bit more with the times.

While it was a fine race, Valtteri Bottas beat both Lewis Hamilton and Sebastian Vettel, there was no upset in the final standings. Hamilton had secured ultimate victory for himself and Mercedes earlier in the season, while Vettel and the Ferrari team held onto second place. Bottas took third overall, leaving the new logo as the only genuine surprise of the day.

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Rare Rides: The 1979 BMW M1 - BMW Wants to Race, but Wait a Minute (Part II)

In our last Rare Ride entry we covered the difficult conception and birth of the BMW M1 at the hands of a financially faltering Lamborghini. In Part II, we talk about the second issue BMW faced, which would ultimately alter (and shorten) the M1’s life.

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Rare Rides: The 1981 BMW M1, Where BMW Had All the Problems (Part I)

BMW presently sells the hybrid i8 to the eco-conscious performance driver. It is mid-engined, has butterfly doors and what have you, and it’s quite striking.

But did you know that it’s not the first mid-engine BMW? No, that title goes to our Rare Ride today — the M1, from all the way back in 1981. Don’t worry, it’s not all that Malaisey.

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Formula One Responds to Ferrari's Unenthusiastic Reaction to New Rules

Last week, Ferrari CEO Sergio Marchionne expressed his distaste for what he perceived as a less-than-desirable update to Formula One’s engine rules. He even suggested the brand might remove itself from the sport if Liberty Media doesn’t reconsider some of its proposals for 2021.

“I understand that Liberty may have taken these into account in coming up with their views,” Marchionne said. “But I think it needs to be absolutely clear that unless we find a set of circumstances, the results of which are beneficial to the maintenance of the brand, and the marketplace, and to the strengthening of the unique position for Ferrari, Ferrari will not play.”

Still in the midst of discussions, Formula One took time to defend itself against Ferrari’s claim that the new rules would make it the global equivalent of NASCAR.

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Ferrari Thinks F1 Can Shove Those New Engines, Threatens to Quit

Ferrari, the company that has participated in every single Formula One championship since its inaugural season in 1950, is threatening to give up the sport if U.S.-based Liberty Media follows through with its new engine rules. Depending on how you like your motorsport, Ferrari is either completely vindicated in its criticisms or overacting like a spoiled child.

Evolving rules are nothing new in Formula One. Changes are often made between seasons to bolster safety or improve competitiveness. But Ferrari NV isn’t interested in what’s to come after F1’s concorde agreement ends in 2020. Liberty Media has been pushing for engine rules that would make powerplants noisier and higher revving but also more uniform between teams. With a focus on a cheaper and simpler engine, F1’s new owner is also expected to suggest revenue caps on teams next week. The end result should be closer races. But that places it at odds with the Italian manufacturer’s goals of winning all the time.

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Ron Dennis Ends 37-year Relationship With McLaren

British automotive magnate and principal of McLaren’s Formula One team for all the years that really matter, Ron Dennis, has cut his remaining ties with the company he is so synonymous with.

Having helped lead the F1 team to victory since the 1980s with legendary drivers like Niki Lauda, Alain Prost, Ayrton Senna, Mika Häkkinen, and Lewis Hamilton — while also serving as CEO, chairman, and founder of McLaren Technology Group — it was almost unfathomable to see him removed from his position as head of the company last year. However, we assumed he’d be sticking around on the board for a while.

That hasn’t turned out to be the case. Dennis is selling his remaining stock to Mumtalakat, the Bahrain sovereign investment group, and the French-Saudi entrepreneur Mansour Ojjeh for an estimated £275 million ($362 million).

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Geriatric President of Formula One Forced Into Honorary Position

Formula One super-magnate and extremely old person Bernie Ecclestone was just ousted from his position as chief executive by Liberty Media — F1’s new owners.

Having bought the company and the voting rights, the American media group’s board of directors designated Chase Carey as Formula One’s new CEO. Unlike Ecclestone, who has been active in motorsport since the 1940s, Carey has a ridiculous mustache and no racing experience whatsoever.

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The Americanization of Formula One: New Owner Wants It to Become a 'Destination Event'

If you live in the United States, odds are that you prefer NASCAR over Formula One. However, if you occupy space anywhere else in the world, the opposite is likely true.

Liberty Media, the American company that purchased Formula One for $8 billion earlier this year, is planning to flip the script and revamp the motorsport to better appeal to everyone — especially Yankees.

The strategy revolves around stretching the traditional weekend of practice, qualifying, and actual race into a full week’s worth of events and coverage, aping the stock car strategy of turning a single competition into an automotive Burning Man.

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Formula One Takeover Details: Bernie's Still the Boss, New Chairman Announced

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.

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Bernie Ecclestone to Stay on as Formula One Boss After Takeover: Report

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.

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The Pilot Did It: Ecclestone's Helicopter Chauffeur Arrested in Kidnapping of F1 Chief's Mother-in-Law

In old mystery novels, it’s usually the butler, gardener or maid that police nab for committing a dastardly crime. In 21st Century São Paulo, Brazil, it’s the helicopter pilot.

After rescuing Formula One boss Bernie Ecclestone’s mother-in-law from kidnappers earlier this week, Brazilian authorities arrested the racing tycoon’s pilot on suspicion of involvement, the BBC reports.

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Kidnappers in Brazil Target Formula One Boss Bernie Ecclestone's Mother-in-Law

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.

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TTAC News Round-up: Daimler Sets GPS to Poland, Porsche Execs Get Off, and Self-Driving Rules Coming

Mercedes-Benz parent company Daimler is getting cold feet about opening a factory in Russia, and thinks it might just skip a little bit west.

That, two Porsche executives avoid the Big House, the NHTSA wants autonomous rules post-haste, Volkswagen seeks a quick way out of trouble, and Aston Martin wants an F1-inspired moonshot … after the break!

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While You Were Gorging: A Compendium of Thanksgiving News You May Have Missed

While the rest of the world warms up to our Thanksgiving tradition of football and mountains of potatoes and gravy, we must admit that the world goes on without us some days.

Thankfully, the Internet never forgets. So here’s a roundup of the stories we missed in our Tryptophan-induced naps.

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Just When You Think McLaren's F1 Season Couldn't Possibly Be Any Dumber (Video)

They go and make a video like this and totally redeem themselves! (Not really.)

But the video above sure is entertaining. After rumors that Jenson Button would leave the team this year, the less-than dynamic duo of Button and Fernando Alonso appears to be back in 2016 to compete in GP2 Formula 1. The video has a story, apparently:

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  • MaintenanceCosts Who knows whether it rides or handles acceptably or whether it chews up a set of tires in 5000 miles, but we definitely know it has a "mature stance."Sounds like JUST the kind of previous owner you'd want…
  • 28-Cars-Later Nissan will be very fortunate to not be in the Japanese equivalent of Chapter 11 reorganization over the next 36 months, "getting rolling" is a luxury (also, I see what you did there).
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  • 3-On-The-Tree Yes all the Older Land Cruiser’s and samurai’s have gone up here as well. I’ve taken both vehicle ps on some pretty rough roads exploring old mine shafts etc. I bought mine right before I deployed back in 08 and got it for $4000 and also bought another that is non running for parts, got a complete engine, drive train. The mice love it unfortunately.