Automotive: Amazon records $3.9 billion loss on Rivian investment
Get woke, go broke as they say. For a second straight quarter, Amazon took a massive write down on its investment in electric vehicle maker Rivian. Shares of Rivian lost … Read More
An Inside Look at Motorsports
A Hendrick Motorsports transporter air conditioner unit caught fire outside Indianapolis Motor Speedway Thursday ahead of this weekend’s NASCAR/IndyCar event. The transporter was carrying the car for William Byron, who … Read More
(GMM) Mick Schumacher is not dismissing early speculation that he could replace his mentor and countryman Sebastian Vettel at Aston Martin next year. After his shock retirement announcement on Thursday, … Read More
(GMM) A list of potential successors for the retiring Sebastian Vettel at Aston Martin is already starting to build. Team boss Mike Krack had made no secret in past weeks … Read More
(GMM) Sebastian Vettel’s father (shown above) says the quadruple world champion inched close to his decision to retire from Formula 1 after the recent Austrian GP. Until then, the 35-year-old … Read More
Defending Bathurst winners Walkinshaw Andretti United has confirmed its pairings for October’s Great Race. Star recruit Fabian Coulthard will race with Chaz Mostert, who won last year’s Repco Bathurst 1000. … Read More
After eight years of competing at the highest level, Mahindra Racing – the Greenest Team in Motorsport – has announced its first customer racing program. The Indian team, which has … Read More
IndyCar champion Alex Palou, who has contracts signed with two different race teams for 2023 and is being sued by Chip Ganassi Racing (CGR), told the AP Thursday: “I will be … Read More
A dispute that threatened to delay the Las Vegas Grand Prix has been settled out of court, according to an announcement from F1 owner Liberty Media. Terms of a confidential … Read More
Q: Max, first of all, can we get your reaction to the retirement the impending retirement of Sebastian Vettel, and tell us what kind of a hole he’s going to … Read More
Following the event at Iowa Speedway and per INDYCAR protocol, the driver of the No. 2 PPG Team Penske Chevrolet, Josef Newgarden, was evaluated this afternoon by INDYCAR Medical Director … Read More
Racer Magazine reports that early dyno testing with the Hybrid units connected to the internal combustion engines of both the new 2.4-liter twin turbo V6 Chevy and Honda engines resulted … Read More
The inaugural Las Vegas Grand Prix Formula 1 race will be held Nov. 16-18, 2023 on the ‘strip’ of Las Vegas. The race will be run under the lights and … Read More
Juncos Hollinger Racing (JHR) is delighted to confirm that Callum Ilott has signed a new long-term contract and will continue to race for the team in the NTT INDYCAR SERIES … Read More
This rumor is upgraded to ‘fact’ with today’s announcement that Callum Ilott has re-signed with the Juncos Hollinger IndyCar team for 2023 and 2024. During the press conference about the … Read More
This rumor is upgraded to ‘fact’ with today’s announcement that this year will be the last year Camping World will sponsor the NASCAR Truck Series. There are that rumors Craftsman … Read More
The teams and drivers arrived at the Hungaroring today for this weekend’s Hungarian GP, the last F1 race before the traditional 3-week summer break. Our Federico Basile is onsite this … Read More
Sebastian Vettel has explained that his decision to retire at the end of the 2022 season was not taken lightly – and that it’s been one that has weighed heavily … Read More
Tom Garfinkel, Managing Partner of the Formula 1 Crypto.com Miami Grand Prix, named Tyler Epp President of the event. Epp previously served as the global event’s Senior Vice President and … Read More
F1 reportedly wants to raise Monaco’s F1 GP commercial fee above its current $15 million – one of its smallest hosting fees – to match the level of other events. … Read More
It is safe to say there is no modern gadgetry without the humble battery. Everything that needs electricity to work and cannot always be connected to a power source uses … Read More