Max Mosley has admitted that capping the budgets of formula one teams would be a tidy way to slash costs.
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Sir Jackie Stewart does not expect the beleaguered Honda team to be rescued ahead of the looming 2009 season.
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Martin Whitmarsh kicked off his new career as McLaren team principal by revealing it is not his first chance to lead a formula one team.
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Former grand prix winner Jean Alesi charged his way through the pack to win Saturday's Speedcar Series race at Dubai Autodrome, to add to his victory from the previous day.
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Former grand prix winner Jean Alesi charged his way through the pack to win Saturday's Speedcar Series race at Dubai Autodrome, to add to his victory from the previous day.
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Audi is readying to expand and enhance their A5 model lineup later this year. The sleek touring coupe will soon offer owners the ability to specify a supercharged 3.0-litre V6 in the high powered S5 variant of the A5, alongside the currently available two-litre turbocharged four-cylinder and 3.2-litre V6.
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BERLIN (Reuters) -- German Chancellor Angela Merkel said on Saturday a decision on state aid for Opel depended on the firm's long-term outlook and on the readiness of banks to help.
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Volkswagen will not renew the contracts of its 16,500 temporary workers this year because of the economic downturn, CEO Martin Winterkorn told a German magazine.
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The European Commission said on Saturday it was satisfied with guarantees set out by France that a state loan plan to its carmakers did not amount to protectionism.
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Meguiar’s NXT Generation Wash Kit
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SuperTooth Visor Go hands-free.
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FRANKFURT (Reuters) -- The Schaeffler family is being pressured to surrender control of their company to the banks that financed the ill-fated takeover of Continental, said sources with knowledge of the matter.
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Continental plans to close a French plant and cut some 1,500 jobs, the Europe 1 radio station reported on Saturday quoting labor union sources.
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The number of "going concern" warnings by corporate auditors could hit an all-time high this year, as the U.S. recession has put the survival of hundreds of companies in doubt, the CEO of accounting firm Grant Thornton predicted this week.
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Representatives of General Motors' bondholders expect to meet with the U.S. government task force overseeing the rescue and restructuring of the auto industry, a person familiar with the matter said on Friday.
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With the new Ford F150 now on sale, used truck shoppers are assured a plentiful selection of the last-generation F150 will wind up on dealer lots as lease returns and trade-ins. The 2004 Ford F150 hit the road intending to be the most advanced Ford pickup ever- a goal which could be both a blessing and a curse in the used vehicle market.
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For a second year now, yours truly has had the opportunity to attend the Cavallino Classic, an annual event organized by the American magazine of the same name and dedicated to the Maranello brand.
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Experienced former GP2 and Formula Renault 3.5 driver Milos Pavlović is the 24th and final entrant to be confirmed in the 2009 F2 line-up.
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Sunday's Shelby 427 Sprint Cup race at Las Vegas Motor Speedway is all about Matt Kenseth, and why shouldn't it be since the driver won the two first races of the season?
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Stefan Wilson has been announced as the driver of the #19 FIRST Motorsports entry in the 2009 Firestone Indy Lights Series.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up