Ford Motor Company sent shockwaves through the automotive industry on Wednesday when it announced it would be axing most of its small and midsize car lineup in North America, leaving just the venerable Ford Mustang, a new raised hatchback called the Focus Active, and a whole lot of crossovers and pickup trucks. Is this the beginning of the end for the sedan? Over at General Motors, the answer is not yet.
On a conference call with reporters to discuss first-quarter earnings, GM Chairman and CEO Mary Barra laid out why the automaker feels comfortable sticking with its stable of sedans and hatchbacks--for now--even as the market continues to shrink. The company poured a lot of money into refreshing most of the vehicles in question since 2015, and with those expenses in the rear view mirror, Barra believes it has a competitive lineup that won't require a lot of money to update over the next few years.
Jack Roush has a horizontal retirement plan. He plans to go out of the paddock horizontally and not before
As the driver landscape in NASCAR trends younger, the ownership landscape is seeing an upwards trend.
Jack Roush, owner of Roush-Fenway Racing, celebrated his 76th year of life last week. Despite being 76, Roush has no plans for retirement, according to Steve Newmark, president of Roush Fenway Racing.
“Jack’s in it for the long haul. He has no retirement plans. This is his retirement. We talk about it all the time. He doesn’t want to go play golf. He doesn’t want to sit on a yacht. He wants to come to the racetrack,” Newmark stated.
Since he retired from racing, Mark Martin can be seen in a small “behind-the-scenes” role with the organization as an advisor and “cheerleader”.
With many tracks suffering a downturn in attendance, ticket revenue is way down, but the TV network money makes up for much of it
With several rain-impacted events and Las Vegas Motor Speedway switching to two NASCAR weekends this year, SMI’s Q1 earnings showed an expectedly sharp drop in admission revenue.
The track operator has been beset by poor forecasts and rain at almost all of its NASCAR events so far this year, leading to smaller crowds that have hamstrung efforts to reverse years’ worth of attendance declines. SMI’s Q1 events at Atlanta and Las Vegas both had poor forecasts/weather at different parts of the weekend.
The weather and lower attendance at LVMS’ spring race led to Q1 admission revenue of $10.9M, down 26% from $14.8M last year.
Verizon IndyCar Series teams and drivers will continue their preparation for the 102nd Indianapolis 500 presented by PennGrade Motor Oil through INDYCAR open and Indianapolis 500 rookie/refresher testing and manufacturer private testing Monday, April 30, Tuesday, May 1 and Wednesday, May 2 at the Indianapolis Motor Speedway.
NASCAR Using Suarez' Success To Make Push For More Latino Fans
NASCAR is making a "real push for Latino fans," as the rise of Mexico's Daniel Suarez "presents the sport ... with a chance to get its foot in the puerta of America's fastest-growing demographic," according to Roy Bragg of the SAN ANTONIO EXPRESS-NEWS.
NASCAR Multicultural Marketing Dir Edwin Gotay said, "Car culture, along with soccer, has always been a big part of Hispanic culture. NASCAR has not been. We don’t get covered by Univision. The reality is we’re responsible for getting them interested."
Coca-Cola Unveiled as Primary Sponsor for Austin Dillon in Coca-Cola 600
Look for Dillon to sit on the pole for the 600
Coca-Cola, one of the world's iconic brands, will be featured as primary sponsor on the No. 3 Chevrolet Camaro ZL1 at Charlotte Motor Speedway during the 2018 Coca-Cola 600. Coca-Cola's longtime partnership with Richard Childress Racing (RCR) will continue its deep-rooted history over Memorial Day Weekend with defending race winner Austin Dillon carrying the Coca-Cola colors. Dillon recorded his first-career Cup Series victory last May at Charlotte Motor Speedway in the Coca-Cola 600, one of NASCAR's crown jewel races.
Seven Corners to support Colton Herta Carmel-based travel insurance company, Seven Corners, has joined forces with Andretti-Steinbrenner Racing to support Colton Herta for his second season of Indy Lights Presented by Cooper Tires competition. "Seven Corners is thrilled to partner with Andretti-Steinbrenner Racing," said David Fischer, chief revenue officer of Seven Corners. "We look forward to the upcoming racing season and are proud to support this talented driver and team."
Penske Corporation and Hitachi Begin Collaborative Creation to Improve Vehicle Performance Using IoT
Hitachi sponsors Newgarden's Penske Chevy in some IndyCar events
Hitachi, Ltd. today announced it has started a collaborative creation process with Penske Corporation for Penske's next-generation data solution. The goal of the collaboration is to improve vehicle performance while leveraging Hitachi's digital and IoT technologies.
With the continuing trend toward digitalization impacting every industry, IoT and digital technologies are being increasingly adopted in the automotive field aimed at improved safety, labor optimization, fuel efficiency, and vehicle operations. Penske and Hitachi have a long history of innovation. This joint effort marks the next wave of their collaboration and shows Penske's commitment to embracing digitalization to continually improve vehicle performance for its customers.
The IndyCar series will test the windscreen cockpit protection system for the second time on Monday, April 30 after the planned test session on the Indianapolis Motor Speedway oval.
Penske's Josef Newgarden will be behind the wheel this time.
Scott Dixon had completed windscreen testing on Phoenix's oval and reported no issues beyond the change in airflow preventing cooling in the cockpit and minor distortion explained as a consequence of the early prototype.
James Hinchcliffe Becoming IndyCar Series' "Greatest Ambassador"
IndyCar driver James Hinchcliffe is one of the "most charismatic, effortlessly charming athletes" in sports, and he has become the "greatest ambassador" for the Verizon IndyCar Series in recent years, according to Jim Ayello of the INDIANAPOLIS STAR.
Hinchcliffe is "arguably the most recognizable face in the series" after his recent appearance on "Dancing With The Stars," and he "uses that platform to pump IndyCar."
Near, Far, Wherever They Are, Talladega Fans Don't Let Distance Hold Them Back!
No distance is too far for Talladega Superspeedway fans as thousands will make the trek to NASCAR’s biggest track this week, turning the facility into one of the largest cities in sweet home Alabama. The weekend features three full days of heart-pounding racing featuring the GEICO 500 on Sunday, Saturday’s Sparks Energy 300 and the General Tire 200 to kick things off on Friday.
WHAT: Celebs in the Sulky is the first-ever IndyCar Driver celebrity race for charity. Just off the race circuit and taking the reins in the sulky, world-famous Verizon IndyCar Series drivers Alexander Rossi, James Hinchcliffe, Robert Wickens, and Zach Veach will pair with Hoosier Park's leading harness drivers Trace Tetrick, John DeLong, Sam Widger, and Ricky Macomber.
The race will start at 6 p.m., followed by a check presentation and a celebrity meet and greet in the lower level of the Terrace Showroom. All ages are welcome to attend the event.
Volkswagen Group's luxury unit Audi said on Tuesday that it was recalling 1.16 million vehicles worldwide because of concerns that an electric coolant pump could overheat or short-circuit from moisture within the pump and pose a fire risk.
Audi told U.S. regulators the recall covers some 2013-2017 Audi A5 Cabriolet, A5 coupe and Audi Q5 vehicles, 2012-2015 Audi A6 vehicles and 2013-2016 Audi A4 Sedan and A4 Allroad vehicles with 2.0-liter Turbo FSI engines.
Royal Purple Synthetic Oil – the Official Oil of the Mazda Road to Indy Presented by Cooper Tires – will once again headline all six rounds of competition at the hallowed Indianapolis Motor Speedway on May 11 and 12 as competitors on all three levels of the acclaimed driver development ladder system gather in support of the INDYCAR Grand Prix.
Why does Vettel's Ferrari have an extra paddle on the steering wheel? Ferrari likes to keep its steering wheel details secret - but Sebastian Vettel accidentally revealed a key detail recently. Comment
Watch the Chevrolet Corvette ZR1 hit 212 mph at proving ground test track Watch the Chevrolet Corvette ZR1 hit 212 mph at proving ground test track in Germany - the average of two runs of 210 and 214 mph Comment
ALTON, Va. (April 25, 2018) – The fast and challenging 3.27-mile, 17-turn VIRginia International Raceway poses as a daunting figure to nearly 100 entries this weekend (April 27-29) when all eight Pirelli World Challenge classes -- GT/GTA/GT Cup SprintX, GTS/GTSA SprintX, TCR, TC and TCA – compete in Rounds 3 and 4 doubleheader action in the PWC Grand Prix of VIRginia presented by Audi Sport.
After General Motors and Ford committed to co-developing new 9- and 10-speed automatic transmissions, Ford has passed on the former.
Per the agreement, Ford took on work for the 10-speed automatic, used for rear-wheel-drive vehicles, and GM undertook the 9-speed automatic for front-wheel-drive applications. Ford's reason for rejecting GM's transmission? The efficiency gains didn't outweigh the extra weight and cost, Ford spokesman Mike Levine said in a statement to Automotive News on Monday. Strangely enough, Ford apparently decided against using the 9-speed transmission before GM introduced the unit.
Video: Ford Mustang Comes to NASCAR Cup Series in 2019 The Ford Mustang, the car "born to race" since its debut in 1964, will make its first appearance in stock car racing's top series - the Monster Energy NASCAR Cup Series - starting in February 2019. Comment
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