Vijay Mallya owes more than $1 billion, escapes from India UPDATE Indian banks may be looking for Vijay Mallya to pay up Rs 9,000 crore, but the "willful defaulter's" flight out of India was in the lap of luxury.
Mallya took Jet Airways' Delhi-London flight 9W 122 last Wednesday (March 2) at 1:30pm, said a top government official.
Accompanied by a woman, Mallya flew first class to London. And he did not travel light, packing a lot of stuff for his journey out of India.
Gulf, an Oil Company, Is Sponsoring a Formula E Electric Race Car
The oil companies are going to have to switch to the electric business
The Gulf livery is legendary in motorsports. Three of the four Ford GT40s that won Le Mans from 1966 to 1969 wore the orange and blue colors; Steve McQueen's Porsche from the 1971 movie Le Mans is a Gulf special. The colors are inextricably woven into the history of racing.
But there's something perplexing about seeing it on an all-electric Formula E racer.
Yes, Team Aguri has just announced Gulf as its title sponsor for the rest of the 2016 season. The livery seen here will first appear on the grid at this weekend's race in Mexico City.
Toyota Hires Entire Staff of Autonomous-Vehicle Firm Toyota Motor Corp. looking to gain an edge in the auto industry's race for technology talent, has recruited the staff at a small Massachusetts-based autonomous-vehicle company to work on its advanced projects.
The move reflects a trend among auto industry companies, including car-hailing and other fast-growing startups, to rapidly build their research and development skills by taking over small and specialized companies, or raiding a company's workforce. In cases like Toyota's, the acquisitions aren't hostile.
Inside Porsche's WEC power unit marvel For the first time Porsche is showing images of the centerpiece of its Le Mans winning Porsche 919 Hybrid.
Back in 2014, the company entered the FIA World Endurance Championship (WEC) with the most innovative drive concept on the entire grid: a turbocharged four-cylinder combustion engine to drive the rear axle, an exhaust energy recovery system, the latest lithium-ion battery technology for energy storage to serve the e-machine on the front axle, complex hybrid management – Porsche had set new standards in this technically most demanding world championship. In 2015, which was only the second year of competing, the team was rewarded with successes: A one-two result at the Le Mans 24 Hours and the manufacturers' and drivers' World Championship titles. The Porsche 919 Hybrid's engine will be on display at race events, exhibitions and, of course, in the Porsche Museum at Stuttgart-Zuffenhausen.
Thursday in St. Pete UPDATE I just got back from a VIP brunch held at the historic Vinoy Renaissance Hotel and Golf Club in St. Petersburg. Overlooking Tampa Bay, the 375-room hotel opened in 1925. During the early 1940s, the hotel was closed and the hotel was converted to a training facility for the Army Air Corp. It reopened in 1945 and operated until 1975.
The only luxury resort club on Florida's west cost, the Vinoy underwent a major restoration and expansion and reopened in 1992. A guest tower and recreational facilities, including an 18-hole golf course, were added to the salmon colored hotel.
Last year for the popular Pro/Celebrity race unless another company steps up
The popular Toyota Pro/Celebrity race as part of the Long Beach GP weekend will be no more after this year. While Toyota has recently renewed their sponsorship of the Long Beach Grand Prix, with their move from California to Plano, Texas, they felt they could no longer support the Pro/Celebrity race the way it needs and so they will no longer sponsor that portion of the race weekend.
AR1.com spoke to race boss Jim Michaelian who confirmed the news. Jim told AR1.com, "unfortunately we cannot replace Toyota with another car manufacturer for the Pro/Celebrity race because Toyota is the event weekend sponsor and that would be a conflict of interest."
When asked if a neutral party, such as a Verizon or Firestone, could sponsor the Pro/Celebrity event Michaelian responded, "yes, but that is hard because of Toyota's prominence."
Cold temperatures and sunny conditions graced the paddock this morning on Day 2 of pre-season testing at Circuit de Catalunya. When the pitlane turned green, Pierre Gasly and Status Grand Prix’s Meindert van Buuren were the first to feed onto the track, quickly followed by the rest of the drivers.
The Frenchman set the early pace in a 1:30.823 on Hard Pirelli tires, but Jordan King bettered the Gasly’s laptime by four tenths to go top. Forty minutes into the session, there was a short red flag period caused by Antonio Giovinazzi who stopped on track at the end of the main straight.
Firestone Enters into Multi-Year Sponsorship Extension with the Grand Prix of St. Petersburg Organizers for the Grand Prix of St. Petersburg are pleased to announce that Firestone, the Official Tire of the Verizon IndyCar® Series, has entered into a multi-year extension, reaffirming the tire brand as title sponsor of the Firestone Grand Prix of St. Petersburg. Firestone first began its naming rights agreement with the Grand Prix of St. Petersburg in 2014.
"Firestone has been a valued and key sponsor for many years, and together we have been able to bring this event to new heights, " said Kim Green, owner, chairman and CEO of Green Savoree Racing Promotions, organizers of the Firestone Grand Prix of St. Petersburg. "They are a fundamental part of the race weekend and we are thrilled to continue our partnership and growing the event with their support."
Team approve new F1 knock-out qualifying Formula 1's teams unanimously approved the elimination-style qualifying rule change today.
All that is left now is for the FIA to make a formal change to the 2016 Sporting Regulations, which will need to be done before the start of the Melbourne weekend. You can find a link to the current 2016 Sporting Regulations on our Formula 1 page (top right-side)
It means F1 qualifying will switch to a knock-out style format for all three segments from Melbourne.
Golden Years Of Can-Am Racing Highlighted At Rolex Monterey Motorsports Reunion
Golden Years of Can-Am Racing Highlighted at Rolex Monterey
Known for its "excess is barely adequate" reputation, the Can-Am Series was known for its free-wheeling rule interpretations that brought experiments such as big wings, two engines, ground effects, perfecting turbocharging and liberal use of exotic materials. The only hardened rule was the cars were to be "sports cars," meaning they had to have room for a passenger. The Golden Anniversary of these over-the-top racers will be a feature race at the Rolex Monterey Motorsports Reunion August 18-21 at Mazda Raceway Laguna Seca.
Officially the Canadian-American Challenge Cup, this August’s field of Lolas, Shadows, McLarens, Porsches and others will take two separate grids of historic cars that competed in the series. The first group is comprised of USRRC and Can-Am cars that raced between 1963 and 1968, while the big bore Can-Am group features racers from 1968 through 1974.
ArmsUp Sets 2016 lineup ST. PETERSBURG, Fla. - After months of preparation, ArmsUp Motorsports team has secured two seats for the USF2000 Championship set to commence this weekend for Rounds 1 & 2 in St. Petersburg, Florida for the annual Grand Prix of St. Pete, alongside the Verizon IndyCar Series. As the 2015 season came to a close, the team prepared to test new and returning AUM drivers to fill the four available seats. During the 6-month off season, the team buckled down to secure the team's lineup for the 2016 championship.
Joining the team for the 2016 Championship is Victor Franzoni, Brazilian native who will be competing in the USF2000 series for the third season. Franzoni, who clenched a victory as a rookie at the opening round of the 2014 season at St. Pete, looks forward to joining the ArmsUp lineup.
Haas F1 Team has signed 17-year-old Santino Ferrucci as its development driver. The American from Woodbury, Connecticut, will be embedded with Haas F1 Team at every opportunity, attending races and tests throughout the year while also participating in the team’s simulator program.
Ferrucci is campaigning the full GP3 Series schedule in 2016 for DAMS, an accomplished racing team that has helped graduate numerous drivers to the FIA Formula One World Championship, including Haas F1 Team’s Romain Grosjean, who earned three championships with DAMS – the 2010 Auto GP title, the 2011 GP2 Asia Series crown and the 2011 GP2 Series championship.
VBrick Backs Conor Daly for First Full Season of IndyCar
VBrick today announced its fourth year of associate sponsorship of American race car driver, Conor Daly. Daly's full season debut will be at the IndyCar Firestone Grand Prix in St. Petersburg, Florida, March 11th - 13th. Daly will also sport the VBrick logo at his third start in the Indianapolis 500 on May 24th in the 100th running of what's known as the 'Greatest Spectacle in Racing.'
"VBrick has been a loyal sponsor for me throughout my European racing career and also all my IndyCar starts. It will be great to have them as a fixture on my helmet yet again for a full season of IndyCar. I can't wait to get started," said Daly.
Video: How do you change the oil in a NASCAR stock car Motorcaft/Quick Lane Team crew chief Jeremy Bullins and Wood Brothers Racing co-owner Len Wood demonstrate how oil is changed on a NASCAR Sprint Cup race.
NASCAR track owners are still making tons of money
The three public companies that operate racetracks reported a tick downward in ticket revenues in 2015 as they attempt to turn around what has become an eight-year trend. International Speedway Corp., Speedway Motorsports Inc. and Dover Motorsports combined to sell $238.8 million in tickets in 2015, down from $239.2 million in 2014, according to their annual reports.
SMI was the last to issue its annual financials Wednesday. Those figures include tickets for non-NASCAR events, but NASCAR races make up a large majority of the ticket sales at the tracks. ISC, 72 percent of whose stock is owned by the NASCAR-owning France family, has 20 of the 38 Sprint Cup events, while SMI, controlled by Bruton Smith and family, has 13 events and Dover has two.
Bristol Motor Speedway is about to install Colossus, its new video and audio system
Construction of Colossus TV, the world's largest outdoor center-hung video screen, is on schedule and continues to pick up pace near the much anticipated debut of the new permanent outdoor display at Bristol Motor Speedway for the Food City 500 race weekend, April 15-17.
The halo, the support structure that will hold Colossus TV, went approximately 155 feet in the air Monday, March 7 to have the support cables attached.
This component weighs 146,000 pounds and is nearly 100 feet in diameter. The installation of Colossus TV's 540,000-watt, 428-speaker sound system continues. The next phase of construction is to assemble the gondola on the ground before it attaches to the halo. BMS
NASCAR's France Defends Trump Endorsement In Employee Memo UPDATE
Brian France in hot water for endorsing the controversial Donald Trump who has the corrupt politicians in Washington very worried
When Brian France endorsed Donald Trump for president, the chairman and chief executive of NASCAR thought of it as nothing more than a "routine endorsement."
He's been dealing with the fallout ever since.
France's decision to personally back the front-runner for the Republican nomination has roiled a sport his family built from the ground up. It's threatened a decade of work to broaden NASCAR's appeal among minorities, upset one of the most powerful teams in the sport and risked a break with the corporate sponsors that are its financial lifeblood.
VW's U.S. Chief Exits in Wake of Emissions Cheating Scandal Volkswagen AG said the head of its U.S. operation will leave in a mutual agreement with the company, a move coming about six months after the Environmental Protection Agency said the German auto maker cheated on diesel emissions tests.
Michael Horn, an executive instrumental in helping the auto maker steer through the early days of the cheating scandal, will pursue other opportunities immediately, the company said. Hinrich Woebcken, recently named the new head of North American regional operations and chairman of the U.S. business, will take Mr. Horn’s place on an interim basis.
Arrow Electronics Gears Up for 2016 Verizon IndyCar Season
Hinchcliffe in the Arrow sponsored car testing at Phoenix
(BUSINESS WIRE)--Global technology company Arrow Electronics, Inc. (NYSE: ARW) is sponsoring the Schmidt Peterson Motorsports (SPM) No. 5 car driven by James Hinchcliffe in this year’s Verizon IndyCar series, which kicks off Saturday at the Firestone Grand Prix of St. Petersburg. This is Arrow’s second year sponsoring SPM.
"Arrow Electronics is proud to sponsor Schmidt Peterson Motorsports and the No. 5 car"
The No. 5 car aligns to Arrow’s forward-looking mission to operate in the world of Five Years Out--the tangible future of new technologies, new materials, new ideas and new electronics that will make people’s lives better, smarter and more inspired.
The France family doesn't want another defeat by the Ligier-Honda of their antiquated Corvette DPs
Both the Honda-powered Ligier JS P2s and Oreca 05 Nissan -- the pacesetters in last month’s IMSA-sanctioned test at Sebring -- have been slowed following the latest round of Balance of Performance adjustments issued ahead of next weekend’s Mobil 1 Twelve Hours of Sebring.
The Michael Shank Racing and Tequila Patron ESM Ligier JS P2 Hondas will have a reduced boost ratio in mid and top end range, while DragonSpeed’s new Oreca 05 Nissan faces a sizable 2.3mm reduction in air restrictor for its normally aspirated Nissan V8.
The P2 cars had topped the time sheets in the two-day test, with Olivier Pla’s time the No. 60 Michael Shank Racing entry 0.126 seconds quicker than the No. 90 Visit Florida Racing Corvette DP, which was the pace-setting DP.
Patrick Dempsey Says He Will Step Back from Professional Racing
Patrick Dempsey, the suave race-car driver who also happened to play a fictional doctor on TV for a long time and has occasionally starred in movies throughout his life, announced yesterday that he would take a break from professional racing to focus on his family and acting.
Dempsey, whose role as Derek Shepherd, aka McDreamy, on the highly successful TV showGrey's Anatomy ended last year, also recently went through a divorce with his wife of 16 years, Jillian Frank. The couple has since resolved their issues, but Dempsey is taking a step back from his deep racing involvement to focus on his relationship and career.
Penske unveils 50th anniversary liveries Two-time Indianapolis 500 winner Juan Pablo Montoya and 2014 Verizon IndyCar Series champion Will Power will have sleek, silver Dallara/Chevrolet Indy cars this season as Team Penske unveiled the liveries to commemorate the team’s 50th Anniversary.
Montoya, the 1999 CART champion, 2000 and ’15 Indianapolis 500 winner, former Formula One and former NASCAR Sprint Cup driver from Colombia, will continue to campaign the No. 2.
IndyCar news bits Col. Dan Tulley, 6 Air Mobility Wing and MacDill Air Force Base commander, will wave the green flag as the honorary starter for the Firestone Grand Prix of St. Petersburg on March 13. MacDill Air Force Base has an active role in this year's prerace ceremonies, with aerospace medical technician Staff Sgt. Cherrelle Warren singing the national anthem and a MacDill AFB KC-135 providing the prerace flyover.
Nortec Collective Presents: Bostich and Fussible, a duo from the Tijuana electronic music scene, will star in the April 15 Tecate Light Fiesta Friday Concert at the 42nd Toyota Grand Prix of Long Beach. The concert, free to all race ticket holders, will begin at approximately 6:45 p.m. PT on the Convention Center outdoor concert stage.
Juan Pablo Montoya has a long list of racing accomplishments. He's a two-time Indianapolis 500 Mile Race winner, 1999 Indy car champion, won seven Formula One races, two in NASCAR Cup and has a Rolex 24 At Daytona title to his credit.
You'd think, with that impressive of a resume, Montoya certainly has visited the ESPN campus in Bristol, Conn., before to talk about his achievements. You'd be wrong.
Trio of Indy car drivers head up Toyota Pro/Celebrity Race roster
The Pro/Celebrity race on Saturday is a big hit with fans
Former Indy car drivers Al Unser Jr., Jimmy Vasser and Max Papis, along with actors Stephen Baldwin, Frankie Muniz, Brian Austin Green and last year's overall winner, Alfonso Ribeiro, were named today among the 21 participants to compete in the 40th and final Toyota Pro/Celebrity Race as part of the Toyota Grand Prix of Long Beach race weekend.
The race will take place April 16 on the 1.97-mile street course, a day prior to the Verizon IndyCar Series event there.
Luca Filippi has completed the field for the Firestone Grand Prix of St. Petersburg as Dale Coyne Racing confirmed the Italian will drive the team's No. 19 Sonny's Bar-B-Q-sponsored Honda in the March 13 event.
That sets the field at 22 cars for the 2016 Verizon IndyCar Series season opener. To view the entry list, click here.
Filippi, who has made 18 starts over the past three seasons, joined the team for preseason tests at INDYCAR's Test in the West at Phoenix International Raceway on Feb. 26-27 as well as a one-day team test at Sebring International Raceway on March 2.
Russian driver Sergey Sirotkin made a good start to his 2016 season by setting the best laptime in today’s pre-season test. The ART ace lapped the Spanish track in a 1:29.141 during the morning session ahead of Pierre Gasly and Alex Lynn.
The 2016 GP2 Series season officially kicked off this morning with the opening of the first pre-season test session at Circuit de Catalunya. The paddock was greeted by grey skies and cold temperatures for the afternoon session. When the pitlane turned green, it was Philo Paz Armand who fed onto the track first but he was closely followed by the rest of the pack. Twenty minutes into the session all cars had completed at least one installation lap.
Milwaukee Mile bleachers For Sale WEST ALLIS -- The Milwaukee Mile is for sale -- at least part of it! An ad has appeared online, and if you're in need of seating for 1,000 people, this may be the deal for you.
Bleachers at the Milwaukee Mile
If metal could talk, the aluminum along "Turn Four" of the Milwaukee Mile would have its fair share of stories to tell.
Sarah Fisher to serve as Verizon IndyCar Series pace car driver
Former INDYCAR team owner and driver Sarah Fisher will serve as a pace car driver during the 2016 Verizon IndyCar Series season beginning with the March 13 opener, the Firestone Grand Prix of St. Petersburg.
Fisher, who made 81 Verizon IndyCar Series starts from 1999-2010, will share duties with three-time Indianapolis 500 winner Johnny Rutherford, who has served as a series pace car driver since 1996 but has scaled down his schedule in recent seasons. Rutherford will drive the pace car for two oval races, the Phoenix Grand Prix at Phoenix International Raceway on April 2 and the 100th Running of the Indianapolis 500 presented by PennGrade Motor Oil at Indianapolis Motor Speedway on May 29. Fisher will handle pace car duties at the remaining 14 races.
Taylor Swift headline act at USGP "We are very excited to celebrate the 5th anniversary of our F1 UNITED STATES GRAND PRIX! To mark this momentous occasion, we're thrilled to announce Taylor Swift will headline a performance on COTA's Super Stage on Saturday, October 22. By combining the excitement of Formula 1, the anticipation of Haas F1 Team's inaugural F1 race in the U.S., the fun of the festival and a full concert by Taylor Swift, fans can enjoy the greatest sports and entertainment event of the year." - Bobby Epstein
We're excited to announce we have lowered ticket prices for 2016! And, if you purchase a 3-day reserved Grandstand seat or Sunday-only reserved Grandstand seat before July 5, we will refund 105% of the value of the ticket if it rains over 2 and a half inches in the 24 hours before the start of the F1 race on Sunday. Even if the event is not cancelled, you will still receive the refund. It's our 5th year anniversary gift to you!
Circuit of The Americas (COTA) confirmed today the return of the FORMULA 1 UNITED STATES GRAND PRIX (F1 USGP) to Austin, Texas, on October 21st-23rd. Additionally, the award-winning circuit is excited to announce a very special concert to celebrate the 5th anniversary of F1’s appearance on Texas soil: 10-time GRAMMY winner, singer, musician, and songwriter Taylor Swift will perform on COTA’s Super Stage on Saturday, October 22nd after the Qualifying session.
Following Lewis Hamilton’s championship-clinching win at last year’s wet and windy race, widely considered to be the best of the 2015 season, COTA is thrilled to welcome F1 back to Austin for the fifth year running. Furthermore, with the addition of Haas F1 Team - the first American-led Formula One outfit since 1986 - to the grid, this year’s race will take on extra significance for fans of F1 in the U.S.
Manor F1 signs IndyCar driver as 'Official Reserve Driver'
F1 throws Alexander Rossi a bone
Alexander Rossi is back in the Manor Racing fold as Official Reserve Driver. Although he'll be racing in the 2016 IndyCar Series, he will also be making history as the first driver to perform a Formula 1 role simultaneously.
Alex will attend 11 Grands Prix with Manor Racing, where he will work with the engineers and drivers to help develop the MRT05, contribute to team and partner marketing activities and be available to deputize should he be required to compete at short notice. His first F1 event will be the Russian Grand Prix in May.
Hendrick Motorsports plane forced to make emergency landing UPDATE Just hours after smoke in the cabin forced a Hendrick Motorsports plane to make an emergency landing early Monday morning, a passenger on the aircraft discussed the situation with SiriusXM NASCAR Radio. Earl Barban, the spotter for Hendrick Motorsports driver Jimmie Johnson, was one of multiple passengers on the plane, which was en route back to Charlotte, North Carolina from Sunday's race at Las Vegas Motor Speedway. None of Hendrick's drivers were on board the aircraft, and there were no injuries. Speaking with SiriusXM on Monday after returning home to Charlotte, Barban described the events that led to the emergency landing in Memphis after the plane had made a fuel stop in Oklahoma City.
Just three races into the 2016 Sprint Cup Series season and there seems to be a trend developing: a growing number of pit road penalties. There were a total of 19 pit road penalties in Sunday's Kobalt 400 at Las Vegas Motor Speedway, starting with pole-sitter Kurt Busch being too fast on pit road on Lap 32 of the 267-lap event. The Stewart-Haas Racing driver was not alone in his faults, seven other drivers accumulated a race-total of eight speeding penalties on pit road. Race winner Brad Keselowski, Austin Dillon, Greg Biffle, Ricky Stenhouse Jr., Kyle Larson, Regan Smith and AJ Allmendinger all received speeding penalties.
Inquest to be held for British Indycar driver Justin Wilson
The much liked Justin Wilson - Cause of death - stupidity. So many open wheel drivers have died in the last 100 years due to their head hitting something we lost count. Albert Einstein put it best "The definition of insanity is doing the same thing over and over and expecting difference results"
An inquest into the death of British IndyCar driver Justin Wilson is due to take place.
Mr Wilson died last August when he was struck on the helmet by flying debris from a crash in the closing stages of a race at the Pocono Raceway in Pennsylvania and succumbed to his injuries a little over 24 hours later.
Originally from Sheffield, the 37-year-old is survived by his wife Julia and two young daughters.
In a statement after his death, his family, including parents Keith and Lynne and brother Stefan, said: "Justin was a loving father and devoted husband, as well as a highly competitive racing driver who was respected by his peers.
"The family would like to thank the staff at the Lehigh Valley Health Network Cedar Crest Hospital, Pocono Raceway, Andretti Autosport, and the Verizon IndyCar Series as well as the entire racing community for the amazing outpouring of support from fans around the world."
The inquest is due to take place at Northampton General Hospital on Wednesday morning.
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