Auto News 5

The Formula 1 circus will return to America in Austin, Texas, on a purpose-built road circuit says the official web site of F1. Full story...

Results of qualifying Sunday for the 2010 Indianapolis 500 IZOD IndyCar Series event on the 2.5-mile Indianapolis Motor Speedway. Full story...

Monticello Motor Club, located about a 90 minute drive from New York City, has been given a 20 per cent chance of hosting the United States grand prix starting in 2012 or 2013. Full story...

Bonhams, Britain's oldest auction house, held its most successful auction of Aston Martin motor cars and related automobilia this past week-end at Newport Pagnell, home of the brand. Organized for the Aston Martin Works Service, this one-brand auction generated a record 7.3 million Canadian dollars (£4.7 million) with bids taken from enthusiasts from around the world including Hong Kong, Czech Republic, Poland, Argentina, Australia and the United States. Full story...

The final day of Mosport's Victoria Day SpeedFest saw non-stop action and memorable returns to Mosport for two Canadian drivers, Ron Fellows in the World Challenge and Ken Wilden in the SCCA Trans-Am Series. Full story...

Yamaha's Jorge Lorenzo won the MotoGP round in France, on the Bugatti circuit at Le Mans, consolidating his Championship lead over team-mate Valentino Rossi. Vale had some news of his own, after confirming that he will remain at Yamaha for the 2011 MotoGP season. This in turn opens the door at Ducati for Lorenzo to replace Casey Stoner, who has signed with Honda for next year. Full story...

The prospects for a grand prix in Rome in the near future looked clouded on Monday. Full story...

Ford Motor Company - moving to create a center of excellence in Michigan for vehicle electrification - today announced it is investing $135 million to design, engineer and produce key components for the company's next-generation hybrid-electric vehicles. Full story...

Sebastian Vettel insists he is happy that his "main opponent" at present is his own teammate Mark Webber. Full story...

Two-time DTM Champion, 31-year-old Audi driver Mattias Ekstrom, has received an invitation from the Red Bull Racing team to test a Sprint Cup NASCAR racer at the Virginia International Raceway in Virginia (USA). Full story...

Nissan's been building two-door sportscars for decades. The 240SX, 300ZX and GT-R are all examples of how the automaker has earned a loyal following of performance enthusiasts in both the new and used markets. Full story...

Canadian Andrew Ranger had a difficult first weekend in the NASCAR K&N East series at the Iowa Speedway but he still believes that with further preparation he would be able to run at the front of the pack. Full story...

Some enthusiasts have caught a glimpse of what might just be the new Ferrari 458 Challenge inside a garage in Vallelunga, Italy. Full story...

Driving is an art, especially when you're driving a super-mighty automobile like a Lamborghini and your margin of error is just a few centimetres. Full story...

The Volkswagen Group and Italdesign Giugiaro S.p.A. (IDG), Turin, are to intensify their successful cooperation, putting it on a new footing. This was announced by both companies at a joint press conference in Turin on Tuesday. The Volkswagen Group will take a 90.1 percent stake in IDG, including the brand name rights and patents. Full story...

Red Bull's rivals cannot catch up with the dominant RB6 car simply by copying its technical features, Fernando Alonso insists. Full story...

Dealer groups prevailed today in a U.S. Senate vote on whether to exempt dealers from oversight by a proposed consumer finance agency. Full story...

Visteon Corp. shareholders won a victory today when the U.S. bankruptcy judge overseeing the supplier's Chapter 11 case again delayed a decision that could have given company bondholders the green light to buy 95 percent of Visteon's new equity. U.S. Full story...

Bob Lutz, former vice chairman of General Motors Co., has joined fuel-injection systems startup Transonic Combustion Inc.'s board of directors. Lutz retired this month after nine years at GM. Full story...

San Francisco advertising agency Goodby, Silverstein and Partners plans to open an office in the Detroit area to handle the $600 million Chevrolet advertising account it picked up in a surprise move last week. Full story...