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A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
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DATE News (chronologically)
04/07/18
automotive

GM to pull plug on Korean factory, move jobs to USA
Trump wants American companies to bring jobs back to America
Trump wants American companies to bring jobs back to America
There has been a string of bad news coming out of GM Korea. Last year, rumors were flying that GM could pull the plug on Korean operations and in February the automaker announced a restructuring plan which would see the closure of its Gunsan plant by the end of May. At the time, GM said the Gunsan plant has only been running at around 20 percent capacity over the past three years and this made “continued operations unsustainable.”

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04/06/18
irl
nasmon

IndyCar looks to copy NASCAR's 'throw-back' race events
Andretti smokes Foyt at Mosport in 1967
Andretti smokes Foyt at Mosport in 1967
On IndyCar.com Brant James writes, The mile oval under Rattlesnake Hill has changed names, race dates and less obvious ways since the forbearers of the Verizon IndyCar Series first began rolling through the gates to race Indy cars in 1964. And as Phoenix’s unyielding suburban creep approaches, the storied venue known now as ISM Raceway is a unique stage on which the series can unite a past worth celebrating and a future that’s looking brighter by the day.

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04/06/18
f1

Russia and Monaco will defy Liberty, reinstating Grid Girls (Update)
Liberty staff did this when they decided to ban Grid Girls
Liberty staff did this when they decided to ban Grid Girls

UPDATE (GMM) Monaco and Russia look set to buck the trend and bring 'grid girls' back to formula one.

Before the 2018 season began, F1 owner Liberty Media said grid girls will be banned, and replaced on the grid by children or 'grid kids'.

But Monaco grand prix boss Michel Boeri said there will be grid girls at the fabled street race next month. 

"We've had no problems with Liberty Media, except for the grid girl issue," he told Monaco-Matin newspaper.

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04/05/18
automotive

GM and Ford to deep-six 4 cars
All those years of racing the Taurus in NASCAR sent sales plummeting apparently
All those years of racing the Taurus in NASCAR sent sales plummeting apparently
General Motors and Ford Motor Co. plan to discontinue four slow-selling car models, including the former NASCAR Ford Taurus sedan, the Wall Street Journal reported, citing people familiar with the matter.

GM will stop production of the subcompact Chevrolet Sonic by as early as this year, and is planning to discontinue the Chevrolet Impala in the next few years, the Journal said. It also reported that Ford will stop making the Fiesta small car for the U.S. market by as early as next year, and discontinue the Taurus, once the top-selling car in America.

Comment
04/05/18
automotive

Chevy rumors abound at dealer convention
Chevrolet’s Find New Roads Experience recently kicked off in Las Vegas and the company reportedly used the dealer convention to tease the highly-anticipated Corvette C8.

According to a post on Corvette Forum by Nate Chandler, Chevrolet showed two photos of the upcoming model and described it as a “super car.” The pictures didn’t reveal much but Chandler said it “definitely looked mid-engined” and had a front bumper that resembled the Corvette ZR1.

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04/03/18
irl

IndyCar ride-buyer market to dry up
IndyCar global exposure going forward
IndyCar global exposure going forward
Many IndyCar ride-buyers are from overseas. They know IndyCar exists because ESPN International has made sure IndyCar is broadcast in over 140 countries. Up and coming drivers have seen IndyCar on TV for years.

With the New NBC IndyCar TV deal ESPN International is gone and, except for the USA and Canada, it's lights out globally for IndyCar.

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04/03/18
f1

Crybabies say Haas car is illegal (update)
McLaren and Force India
McLaren and Force India

UPDATE This rumor is downgraded to 'false' today.

Formula 1 Race Dir Charlie Whiting declared that the relationship between Haas F1 and Ferrari F1 is "completely legal" amid "suspicions from rivals." 

Force India and McLaren recently questioned the relationship between the two and whether Haas is receiving "more from Ferrari than permitted." PLANET F1 

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04/02/18
wec
imsa

IMSA and WEC going spec-hybrid
No more cost prohibitive custom hybrid systems
No more cost prohibitive custom hybrid systems
Current and prospective IMSA DPi manufacturers have voiced support for hybrid technology in the next-wave of prototype regulations, although stressing that it must be a semi-or fully spec system in order to prevent a “pandora’s box” of development that has severely impacted LMP1.

Manufacturers met with officials from the FIA, ACO and IMSA at Sebring last month for the latest LMP1/DPi technical working group, as discussions continue towards a potential common global prototype platform for 2021/22.

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04/02/18
f1

Formula 1 Could Change Qualifying To Sprint Race
Hamilton would win all the sprint races and still sit on pole
Just a costly gimmick. Imagine the carnage. Hamilton, in his superior Mercedes, would win all the sprint races and still sit on pole

Formula 1 execs are reportedly "weighing up the prospect of changing qualifying to a sprint race in order to attract a wider audience," according to PLANET F1.

F1 owner Liberty Media proposed a 100km sprint race on Saturday with no fuel or tire limitations to "determine the grid for the main event on Sunday, giving drivers the ability to race full throttle."

Initially, there was a suggestion of creating a reverse grid "but that has since been abandoned because of fears that the racing drama would be too artificially created."

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04/01/18
automotive

Ferrari testing electric 488
Video has emerged showing a likely mule for Ferrari's new hybrid powertrain testing at the automaker's Fiorano circuit.

The mule is based on the 488 GTB but shown to accelerate without any noise, suggesting it's running on electric power alone.

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04/01/18
wec

2019 Le Mans 24 Hours to utilize Bugatti Circuit only
LeMans
In a statement released by the ACO today, the 2019 Le Mans 24 Hours will be limited to just the Bugatti layout after a deal was struck with circuit designer Hermann Tilke to build a brand new state-of-the-art permanent circuit for future races held at La Sarthe.

ACO President Pierre Fillon said: “We have so many F1 drivers in the race now, it makes sense to build a circuit similar to what they are used to. It’s going to feature no passing and be a 24-hour parade.”



Comment
04/01/18
irl
f1

Ferrari and Mercedes to leave F1 for IndyCar
Totem Wolff had it with the Whiners in F1
Totem Wolff had it with the whiners in F1

In a shot sure to be heard around the world, Ferrari and Mercedes have decided to leave F1 and join IndyCar.

Behind the move is IndyCar's decision to sign a TV deal with NBC and NBCSN. Apparently Ferrari and Mercedes were very upset that 100 million people were seeing their cars on TV during races and they prefer NBCSN where only 0.5 million will see their cars race each event.

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04/01/18
nasmon

NASCAR going all-electric in 2021
NASCAR is going all electric in 2021 according to this video.

Comment
03/30/18
nasmon

Kurt Busch to renew with SHR for '18 and '19 (9th Update)
Kurt Busch ready to move on
Kurt Busch

UPDATE Kurt Busch's contract with Stewart-Haas Racing expires at the end of the 2018 season. And the team said Wednesday it "fully expects" Busch to return in 2019. The team issued the statement - a statement issued just six races into the 36-race season - to the Sports Business Journal on Wednesday evening.

12/13/17 This rumor is upgraded to 'fact' today. Kurt Busch has re-signed with Stewart-Haas Racing for 2018, putting him back in the No. 41 Ford for the 2018 Cup season.

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03/29/18
nasmon

Uncertain future for BK Racing (2nd Update)
Gray Gaulding raced the no. 23 at Daytona
Getty Images

UPDATE A U.S. Bankruptcy Judge assigned an administrator to take over BK Racing and replace car owner Ron Devine as the team’s financial decision maker Wednesday evening.

U.S. District Court Judge J. Craig Whitley appointed Matthew Smith of The Finley Group as the administrator.

“It’s a sad day for BK,” Devine said after leaving the federal courthouse.

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03/29/18
automotive

Are Tesla quality and production issues due to robots? (Update)
Tesla prides itself in putting Americans out of a job with its expensive robots, and it's falling flat on its face
Tesla prides itself in putting Americans out of a job with its expensive Kuba robots, and now it is biting them in the posterior

UPDATE This rumor from last November is upgraded to 'fact' today. In a rare win for humans over robots in the battle for labor efficiency, Wall Street analysts have laid down a compelling argument that over-automation is to blame for problems at the billionaire Elon Musk's electric-car company.

That is to say, the very innovation and competitive advantage that Musk says he's bringing to the car industry – his nearly fully automated plant in Fremont, California – is the reason Tesla is unable to scale quickly.

According to the Bernstein analysts Max Warburton and Toni Sacconaghi, it's the robots that can't pump out Tesla's highly anticipated Model 3s fast enough.

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03/29/18
f1

Haas team to keep ride-buyer youngsters (Update)
Arjun Maini
Arjun Maini. Like Ferrucci, his check is not large enough to allow him to do track cleaning laps on Friday mornings, but it does allow them to sip tea in the team's hospitality each race weekend

UPDATE This rumor is upgraded to 'fact' with both ride-buyers now confirmed.

Arjun Maini will continue as a Haas F1 Team development driver in 2018 while simultaneously competing in his first full season in the FIA Formula 2 Championship with Team Trident.

Maini, a 20-year-old from Bengaluru, India, is paired with 19-year-old American Santino Ferrucci. Both are Haas F1 Team development drivers and both compete for Team Trident. Each will be embedded with Haas F1 Team at every opportunity, attending races and tests throughout the year. 

“I’m extremely proud to be a part of Haas F1 Team,” Maini said. “Being involved with an F1 program has really accelerated my learning in terms of what I need to do on the racetrack and with my engineers. In fact, it’s already helped me transition from GP3 to F2. I’m one step closer to my goal of competing in Formula One thanks to Haas F1 Team’s support.”

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03/28/18
automotive

Tesla to go bankrupt soon
Will Tesla investors soon be wiped out?
Will Tesla investors soon be wiped out?
Unless Elon Musk “pulls a rabbit out of his hat,” Tesla will be bankrupt within four months, says John Thompson of Vilas Capital Management.

“Companies eventually have to make a profit, and I don’t ever see that happening here,” he told MarketWatch. “This is one of the worst income statements I’ve ever seen and between the story and the financials, the financials will win out in this case.”

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03/28/18
f1

Mercedes to ax Bottas
Bottas may not be smiling much longer
Bottas may not be smiling much longer
(GMM) Valtteri Bottas' sponsor thinks the Finnish driver will continue to race with a top team beyond 2018.

Bottas had a bad start to his season in Australia with a qualifying crash, with Lewis Hamilton saying he missed having his teammate's support in the race.

"Since last year it has become crucial to have two cars at the front, especially with Red Bull and Ferrari so strong now," Hamilton said.

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03/24/18
f1

F1 teams want new teams to fail
Grosjean in the 'white' Ferrari
Grosjean in the 'white' Ferrari
Teams like McLaren, Toro Rosso, Sauber, Force India and Williams are getting their ass kicked by new comer Haas and they are not happy about it. 

"How dare they beat."

"They must lose and go bankrupt."

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03/23/18
automotive

Ford to deep-six the Lincoln Continental
2018 Lincoln Continental
2018 Lincoln Continental
It’s not something a Lincoln aficionado, or even anyone with a general appreciation for history, wants to hear, but sources with knowledge of Ford Motor Company’s product plans claim the Lincoln Continental is headed for the grave.

Speaking to Ford Authority, the sources claim Lincoln’s full-size flagship sedan won’t see a second generation, with parent company Ford choosing to pull the plug and discontinue the slow-selling model instead.

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03/22/18
f1

Force India to change name for 2018 (4th Update)
It is still called Force India for now
It is still called Force India for now

UPDATE This rumor is downgraded to 'false' today. Force India will not change its name in 2018.

Earlier, amid rumors an energy drink company called Rich Energy would buy the team, it was reported the team could drop the word 'India' from its name.

But Auto Motor und Sport says any name change for Force India will now wait until at least 2019.

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03/21/18
irl

Ferrari gain 10 HP, Mercedes 50
Vettel will be sucking Mercedes' exhaust fumes all year long
Ferrari will be sucking Mercedes' exhaust fumes all year long
Ferrari have reportedly made performance gains with their engine just in time for the Australian Grand Prix this weekend.

According to Autosport, the Scuderia have unlocked an extra 10HP on the power unit, despite initially aiming to have at least the same power as they had at their disposal last year.

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03/19/18
irl

Pippa Mann lands Indy 500 ride
Pippa Mann in 2017
Pippa Mann in 2017

Race car driver Pippa Mann will reveal her 2018 plans for the 102nd Running of the Indianapolis 500 presented by PennGrade Motor Oil on Tuesday at the Indiana State Museum, in Indianapolis.

She will drive one of four Dale Coyne Hondas. She has driven in the 500 a number of times for Dale Coyne, the last few years sponsored by the Susan B. Kloman Cancer Foundation.

Comment
03/17/18
irl

ABC dumps IndyCar (7th Update)
UPDATE This rumor is going around Twitter, but the tweet has been removed: JimCoxWGXA: Statement from @ABC: “Please be advised 2018 will be the final year of IndyCar Series races broadcast on ABC, including the Indianapolis 500. We have enjoyed our long association with IndyCar and thank you for all of your support of these races over the years.”

Per @AndyHallESPN - ABC/ESPN is not commenting on the validity/non-validity of this tweet. Must have been an internal memo inside ABC that has been leaked, but rest assured Jim Cox would not have tweeted a false rumor.

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03/17/18
f1
nasmon

Monster Energy moving NASCAR money to F1? (Update)
Will Monster renew this weekend at Fontana?
Will Monster renew this weekend at Fontana?
UPDATE
 Adam Stern of SBD tweeted:

Optimism over @MonsterEnergy's chances of renewing with @NASCAR has crept back into some industry execs close to the deal in recent days.

— Unclear if renewal on the table is for one or two years.

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03/17/18
nasmon

The fix is in for Ford this year (5th Update)
Johnson's car failed inspection 3 times in Las Vegas and again in Fontana. NASCAR inspectors will nitpick the Chevys to ensure they remain at the back of the grid.
Johnson's car failed inspection 3 times in Las Vegas and again in Fontana. NASCAR inspectors will nitpick the Chevys to ensure they remain at the back of the grid.
UPDATE
 As we told you, the fix is in for Ford this year and Chevy teams will win nothing. NASCAR inspections will not cut any Chevy teams any slack. 13 Cup teams did not make a qualifying attempt for the Auto Club 400 after they failed to pass inspection Friday - almost all Chevys.

Those teams include all four Hendrick Motorsports cars (Jimmie Johnson, William Byron, Chase Elliott and Alex Bowman), Denny Hamlin, Clint Bowyer, Aric Almirola, Kasey Kahne, Daniel Suarez, Timmy Hill, Cole Whitt, Ross Chastain and AJ Allmendinger. 

All 13 cars will start from the rear Sunday.

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03/15/18
f1
irl

Will Ferrari dump F1 for IndyCar? (3rd Update)
Can you see a Ferrari red all-Italian IndyCar team? Would be a drop in the bucket for Ferrari given their F1 budget
Can you see a Ferrari red all-Italian IndyCar team? Would be a drop in the bucket for Ferrari given their F1 budget

UPDATE In this Italian Newspaper article Marchionne says - At that time, speaking of the United States and the hypothesis of one day running the Indianapolis 500, his answer was: "Why not? We have the tradition to do it and we are thinking about it". 

An all-Italian IndyCar

All the IndyCar chassis' are built by Gian Paolo Dallara's Italian factory, of which Marchionne in Geneva said: "I consider him a great, the best Italian engineer". For the engine, Ferrari would have no difficulty building it on its own, being a traditional 2.2-liter V6 turbo, much simpler and cheaper than the hybrid power units used today in F1.

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03/15/18
nasmon

Lowe's quitting NASCAR (Update)
Lowe's has sponsored Johnson since his Cup Series debut in 2001
Pete McCole/AR1

UPDATE This rumor is upgraded to 'fact' today. Seven-time Monster Energy NASCAR Cup Series Champion Jimmie Johnson will be shopping for a new primary sponsor this season after Hendrick Motorsports announced today that Lowe's Improvement Warehouse will be parting with the organization at the end of the 2018 season.

Lowe's, one of the few remaining full-package sponsors left in NASCAR, has been Johnson's primary sponsor since his Cup Series debut back in October of 2001 – right in the heyday of NASCAR's popularity where full-time sponsors were the norm rather than the exception like they are today.

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03/13/18
automotive

Porsche to develop 2-door coupe based on the Mission E
Mission E
Mission E

Porsche followed up its hit Mission E electric sedan concept from last year with a 'sport' wagon version at last week’s Geneva Motor Show. While only the sedan is confirmed for production next year, it could lead to more variants including a coupe and convertible.

Porsche’s head of electric vehicle development, Stefan Weckbach, discussed the possibility of a two-door electric sports car based on the Mission E platform in a roundtable interview this week. The options on the table are a coupe, convertible and possibly rear-wheel drive models, according to Car And Driver.

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03/12/18
f1

'Tension' in Red Bull driver lineup
Alex Wurz
Alex Wurz
(GMM) Alex Wurz says he detects "tension" between Daniel Ricciardo and Max Verstappen.

Comparing Red Bull's lineup with those of the other two top teams, the former driver and GPDA boss said Ricciardo and Verstappen are the most explosive.

"At Ferrari there is a clear division of roles," the Austrian told Speed Week.

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03/12/18
f1

Adrian Newey stepping down as Red Bull F1 designer (Update)
Has Red Bull lost Adrian Newey?
Adrian Newey will no longer lead the design the the Red Bulls

UPDATE This rumor is upgraded to 'fact' today. Adrian Newey is staying at Red Bull, even though the former title-winning team has appointed a new technical director.

France's L'Equipe reported that Frenchman Pierre Wache has been appointed Red Bull's technical boss.

But Newey, one of F1's most famous and successful designers, is staying as chief technology officer - which means he will not be in charge of designing the car .

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