eBay Find of the Day: Turbine-powered 1982 Porsche 928 spits flames, takes names

Turbine Porsche

1982 Porsche 928 with a Boeing T50 turbine engine – Click above for image gallery, watch video after the jump

How often are you going to see the phrase “Flame Shooter” in an eBay Motors description? And of those instances, how often will the seller be referring to flames that emerge a Boeing T50 turbine shoved under the hood? This is one of those instances, wherein a fellow has installed a 350-horsepower turbine from a Vietnam-War-era QH50 helicopter drone in the engine bay of a 1982 Porsche 928.

In addition to the coupe retaining its conveniences like heating and air conditioning, the car is supposedly used as a daily driver. You might be able to do the same, but since the Porsche generates 130 dB at idle and the temperature around the exhaust is 517 degrees – before you turn on the afterburners – it might only be meant for daily driving in places with very kind neighbors. Or another planet. It does, however, get 17 mpg… of jet fuel.

You’ll find a gallery of images below, and be sure to check out the start-up videos after the jump. The seller wants $20,000 for it, and while that might sound a little steep, it’s a Porsche with a frickin’ turbine, and professionally done at that. FYI, it doesn’t come with a warranty. But you probably suspected that anyway.

Gallery: Turbine-powered 1982 Porsche 928

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[Source: eBay, YouTube]

Continue reading eBay Find of the Day: Turbine-powered 1982 Porsche 928 spits flames, takes names

eBay Find of the Day: Turbine-powered 1982 Porsche 928 spits flames, takes names

      



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    Autoblog Podcast #184 – IPOs, Manly Minivans, City Cars and Hemi horsepower

    a8522 autoblog podcast 3 Autoblog Podcast #184   IPOs, Manly Minivans, City Cars and Hemi horsepower

    Click above for the Autoblog Podcast in iTunes, RSS or listen now!

    Chris Shunk rejoins Sam, Alex and Dan for Episode #184 of the Autoblog Podcast. Topics we mull are Tesla’s actual IPO and General Motors‘ apparently impending public offering. Gordon Murray’s T.25 city car makes the cut before we do a 180 and talk about the possibility of a 480-horsepower Dodge Challenger SRT8 and a manlier minivan. It ends with your feedback, a tidy hour and ten minutes. See you next week!

    Autoblog Podcast #184 – IPOs, Manly Minivans, City Cars and Hemi Horsepower


    In the Autoblog Garage:

    Infiniti G37x Coupe
    Honda CR-Z
    Nissan Altima V6

    News:


    Hosts:
    Dan Roth, Sam Abuelsamid, Alex Nunez, Chris Shunk

    Runtime: 71:22



    Get the podcast:
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    Feedback:

    Email: Podcast at Autoblog dot com
    Voicemail: 734-288-8POD (734-288-8763)

    Review the show in iTunes
    and take our survey

    Autoblog Podcast #184 – IPOs, Manly Minivans, City Cars and Hemi horsepower

          



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      Submit your questions for Autoblog Podcast #184

      1c52e autoblog podcast 3 1275933205 Submit your questions for Autoblog Podcast #184

      Click above to subscribe to The Autoblog Podcast in iTunes

      Got a question for our intrepid team of podcasters? Now’s the time to ask away. Don’t forget to vote on which questions deserve our attention the most, though we’ll try to get to as many as we can. Discussion topics for Autoblog Podcast #183, which we’ll record tonight, can be found below. Finally, subscribe to the Autoblog Podcast in iTunes if you haven’t already to hear your question answered.

      Discussion Topics for Autoblog Podcast Episode #184


      Subscribe to
      the Autoblog Podacast and hear your questions asked:
      [iTunes] Subscribe to the Autoblog Podcast in iTunes
      [RSS] Add the Autoblog Podcast feed to your RSS aggregator

      Submit your questions for Autoblog Podcast #184

          



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        Officially Official: Aston Martin refreshes the DB9

        af80e amdb90044f21e47c d3ad 4d3f 80c8 eebd76b8a241 copy Officially Official: Aston Martin refreshes the DB9

        2011 Aston Martin DB9 – Click above for high-res image gallery

        Despite the fact that few people would actually argue that the Aston Martin DB9 really needed a nip and tuck, that’s exactly what it’s getting for 2011. Given how well the DB9 has held up over the last seven years, the changes have been kept pretty discreet. The lower front grille has been reshaped and new mesh inserts have been added, while the rocker panel crease now sweeps up into the rear wheel arches.

        Mechanically, the DB9’s 6.0-liter V12 powertrain has been carried over, as has its 470 horsepower and 442 pound-feet of torque. The most significant upgrade for 2011 is the adoption of an adaptive damping system similar to the one already available on the DBS and Rapide. Thanks to the improved handling offered by the damping system, Aston has decided to drop the Sport Pack previously available on the DB9. Production of the upgraded models has already started and customers should be getting the new cars in the coming weeks.

        Gallery: 2011 Aston Martin DB9

        af80e amdb900202225d2f 8fbc 4731 92ec bc04c99ce472 thumbnail Officially Official: Aston Martin refreshes the DB9af80e amdb902330b960ff 5a5f 49ef ac4e 99998fa50f1e thumbnail Officially Official: Aston Martin refreshes the DB9af80e amdb9051472a08e3 56b3 455d b7fa eaa13c9ff617 thumbnail Officially Official: Aston Martin refreshes the DB9af80e amdb90044f21e47c d3ad 4d3f 80c8 eebd76b8a241 thumbnail Officially Official: Aston Martin refreshes the DB9af80e amdb9052c2b250ec d209 47a4 894b 72249c7014fe thumbnail Officially Official: Aston Martin refreshes the DB9

        [Source: Aston Martin]

        Continue reading Officially Official: Aston Martin refreshes the DB9

        Officially Official: Aston Martin refreshes the DB9

            



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          Report: Kia may lose names, use numbers for future models

          d0878 kia logo 250 Report: Kia may lose names, use numbers for future modelsWould a Kia Forte by any other name smell as sweet, if the name were K3 and those judging the smell were American buyers? That’s the question Kia executive are mulling as they decide whether to switch to alphanumeric model designations in the U.S. Some of the company’s cars that go by names in other markets wear letter-number identifiers in South Korea, such as the Optima, known in South Korea as the K5. Others, such as the Soul and Sportage, retain their proper names in South Korea.

          According to Automotive News, Kia’s vice chairman, Chung Eui-sun, believes that alphanumeric names can strengthen a brand as long as buyers don’t get confused, but he also notes that Americans may prefer proper names. Kia would probably do well to study Acura’s long road from “Legend” and “Integra” to its current system, and Infiniti’s period of trial-and-error with its alphanumeric concoctions.

          From where we sit, we think that Kia should think long and hard about the equity continuing to build in solid offerings like its Soul and new Sorento, and if they’re going to go alphanumeric, they ought to do it sooner rather than later to avoid adding to the confusion. If it were us, we’d leave well enough alone – the automotive landscape is rapidly devolving into an alphanumeric soup and we’re not in favor of another automaker reaching into the Scrabble tilebag. How about you? Have your say in ‘Comments.’

          [Source: Automotive News - sub. req'd.]

          Report: Kia may lose names, use numbers for future models

                



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            Bentley to shorten product cycles, focus on performance

            19b2e 01 bentley continental ss conv press Bentley to shorten product cycles, focus on performance

            Bentley Continental SuperSports Convertible – Click above for high-res image gallery

            Nobody actually needs image and fashion statements like Bentleys,and Rolls-Royces, but those who choose to buy them anyway naturally want to have the latest and greatest. And we don’t blame them. As such, Bentley reportedly wants to get on a schedule of introducing a new model at least every 18 months, if not sooner. Expect to see further variations on existing models like the Continental SuperSports coupe and convertible in lieu of completely new platforms.

            The rapid turnover of model variants goes hand-in-hand with Bentley’s ongoing migration back to performance-oriented luxury and away from the more staid approach that took precedence under Rolls-Royce ownership. Ever since Bentley and Rolls were split up and sold to Volkswagen and BMW respectively, the two brands have developed distinctly different character traits, and you can expect that pattern to continue.

            Gallery: 2011 Bentley Continental Supersports Convertible

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            [Source: Auto Observer]

            Bentley to shorten product cycles, focus on performance

                



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              AutoblogGreen for 06.25.10

              60f54 abg logo grab for ab AutoblogGreen for 06.25.10

              60f54 screen shot 2010 06 24 at 8.16.27 pm AutoblogGreen for 06.25.10 Study: Fuel cell vehicles to reach 670,000 in annual sales by 2020
              It’s a very specific prediction: the U.S. will lead the way with 134,049 FCVs.
              60f54 screen shot 2010 06 24 at 8.18.44 pm AutoblogGreen for 06.25.10 Spy Shots: next-gen Aveo RS unmasked
              Looks much better. How could it not?
              60f54 usps1 thumbnail AutoblogGreen for 06.25.10 Chrysler lobbies Congress to the tune of $591K for EVs, emissions
              It’s like a money circle.
              Other news:

              AutoblogGreen for 06.25.10

                    



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                Report: Bentley considering five-door fastback to rival Porsche Panamera?

                b22ea superleggera Report: Bentley considering five door fastback to rival Porsche Panamera?

                Touring Superleggera Flying Spur – click above for high-res image gallery

                Those wacky Germans. They’re always on the hunt for the next new niche and the second one of them discovers the next big thing in automotive packaging, the others dog pile on. The most obvious example is the Mercedes-Benz CLS – the so-called four-door coupe. Mercedes beat everyone to market with their swoopy, low-slung sedan. Then BMW did the CS Concept, Volkswagen launched the CC, Audi is readying the A7 and BMW will most likely put the four-door Gran Coupe Concept into production. Still not convinced? How about X3/Q5/GLK?

                Now it looks as if Bentley is now looking to muscle in on Porsche’s new niche, the five-door sport-luxury yacht, the Panamera. What’s that you say, Bentley’s British? Sure, in execution, but peel back the skin a bit and the Continental rides on a Volkswagen/Audi chassis – the Phaeton and last-gen A8 if you must know. Let’s not forget that Bentley’s president is named Franz-Josef Pfaegen and that he considers the Continental to be Bentley’s, “911.” That’s 911 as in Porsche 911, not emergency/national tragedy. So yes, Bentley is as German as schweinebraten und hefeweizen.

                In a conversation with the actually-British Autocar about the next generation Continental, a source within Bentley admitted that they’re looking at adding a five-door Panamera-type hatchback to the super coupe, sedan and convertible line up. They feel there’s growth potential in that particular body style. Bentley has been in rapid growth mode since Volkswagen rebooted the brand in 2003 by launching the Continental GT. Adding a five-door would only further expand the brand’s appeal to the world’s wealthier citizens.

                Should Bentley build it? Why not? That said, it should also be building a three-door shooting brake version like Touring Superleggera’s doing with the Flying Star. However, a five-door probably has a slightly larger audience. Additionally, if the new Bentley hatch is anywhere near as useful as the Porsche Panamera, owners will love the car. Besides, a Panamera-like Continental will be as close as we’ll ever get to a twin-turbo W12, AWD Bentley station wagon. Bring it.

                Gallery: Geneva 2010: Touring Superleggera Flying Star

                b22ea 01 flying star thumbnail Report: Bentley considering five door fastback to rival Porsche Panamera?b22ea 02 flying star thumbnail Report: Bentley considering five door fastback to rival Porsche Panamera?b22ea 03 flying star thumbnail Report: Bentley considering five door fastback to rival Porsche Panamera?b22ea 04 flying star thumbnail Report: Bentley considering five door fastback to rival Porsche Panamera?9b816 05 flying star thumbnail Report: Bentley considering five door fastback to rival Porsche Panamera?

                [Source: Autocar]

                Report: Bentley considering five-door fastback to rival Porsche Panamera?

                    



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                  Report: General Motors may file for IPO as soon as next week

                  c21b7 wall street walkers low 630 getty Report: General Motors may file for IPO as soon as next week

                  It looks like General Motors could file its first paperwork for an initial public stock offering as soon as next week. The IPO registration is the first step in the process of getting approval from the Securities and Exchange Commission to become a publicly traded company again. A stock sale could come as soon as November and probably no later than early 2011.

                  At this point it appears that most of the shares to be sold will come from the block held by the United States Treasury, which accounts for 60.8 percent of the automaker. The Treasury would like to start unloading its stake as soon as possible and preferably before this year’s election. Roughly one third of the government’s holdings are expected to be sold in what may well be the biggest IPO of all time. Depending on the IPO price, the sale could bring in anywhere from $10-20 billion for what would be about 20 percent of the company. At the time of its bankruptcy last year, GM’s market capitalization was barely $700 million.

                  [Source: The Detroit News Image: Stan Honda/Getty]

                  Report: General Motors may file for IPO as soon as next week

                      



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                    Kawasaki teases 2011 ZX-10R [w/video]

                    69303 2011 zx10r tease Kawasaki teases 2011 ZX 10R [w/video]

                    2011 Kawasaki ZX-10R teaser – Click above to enlarge

                    In case you hadn’t noticed, there’s a new crop of superbikes terrorizing the roadways and racetracks of the United States. And more than any other point in recent history, the Big Four Japanese brands aren’t leading the way. Instead, it’s the European brands – Specifically Aprilia, BMW, KTM and MV Agusta – that are encroaching on Honda, Kawasaki, Suzuki and Yamaha’s territory.

                    Team Green isn’t likely to let the newest challengers turn its flagship Ninja into an also-ran, and the latest evidence of such can be seen in a new teaser of the 2011 Kawasaki ZX-10R. Expect a completely new motorcycle for next year, including a new engine, frame and suspension package. In order to compete with the latest from Europe, we’d also imagine the literbike to get an upgraded electronics package.

                    While we don’t have any details on those hard bits, we do have one rendering that shows an aggressive new look with a gaping ram air scoop front and center. Want more? Check out an enlarged version of the teaser image above and be sure to click past the break for the accompanying video.

                    [Source: Kawasaki Challenge via Asphalt & Rubber]

                    Continue reading Kawasaki teases 2011 ZX-10R [w/video]

                    Kawasaki teases 2011 ZX-10R [w/video]

                        



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                      First Drive: 2011 Jeep Grand Cherokee redefines the Tipping Point

                      c4672 lead1jeepgrandcherokeefd2011 First Drive: 2011 Jeep Grand Cherokee redefines the Tipping Point

                      2011 Jeep Grand Cherokee – click above for high-res image gallery

                      In the span of three years, Chrysler has been bought and sold more times than Duke Cunningham. Its warped “merger of equals” with Daimler ended in 2007 and the disastrous reign of incompetence extended into its relationship with Cerberus Capital Management – now a “bad word” within the hallowed halls of Chrysler, according to one exec.

                      After filing for bankruptcy in April of 2009, the reformed Chrysler Group partnered with the Italian automaking juggernauts at Fiat and have since rolled out a five-year business plan that’s nothing if not unambitious.

                      But you didn’t come here for an abbreviated history lesson on Chrysler and its failed suitors. You want to find out how your $6.6 billion in federal funding is being spent and if the company’s products are finally up to snuff. Well, here’s the short version: The 2011 Jeep Grand Cherokee is the first Chrysler product since the 300 that deserves your attention. Follow the jump to find out why.

                      Gallery: First Drive: 2011 Jeep Grand Cherokee

                      c4672 01jeepgrandcherokeefd2011 thumbnail First Drive: 2011 Jeep Grand Cherokee redefines the Tipping Pointc4672 02jeepgrandcherokeefd2011 thumbnail First Drive: 2011 Jeep Grand Cherokee redefines the Tipping Pointc4672 03jeepgrandcherokeefd2011 thumbnail First Drive: 2011 Jeep Grand Cherokee redefines the Tipping Pointc4672 04jeepgrandcherokeefd2011 thumbnail First Drive: 2011 Jeep Grand Cherokee redefines the Tipping Pointaba9b 05jeepgrandcherokeefd2011 thumbnail First Drive: 2011 Jeep Grand Cherokee redefines the Tipping Point

                      Photos by Damon Lavrinc / Copyright (C)2010 Weblogs, Inc.

                      Continue reading First Drive: 2011 Jeep Grand Cherokee redefines the Tipping Point

                      First Drive: 2011 Jeep Grand Cherokee redefines the Tipping Point

                          



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                        Rumormill: Toyota, Tesla to jointly develop electric prototype by year’s end

                        a73ff lexusqs01 Rumormill: Toyota, Tesla to jointly develop electric prototype by years end

                        Just a few days back, we glanced over Tesla’s amended IPO statement and discovered some well-buried words that suggested Tesla and Toyota may never work together on the development of an electric vehicles. The words from Tesla actually read, “We have not entered into any agreements with Toyota for any such arrangements, including any purchase orders, and we may never do so.”

                        Tesla snuck that word “may” in there, leaving the possibility open that some sort of jointly-developed vehicle may come in the future. If a report surfacing from the Nikkei newspaper in Japan is accurate, Tesla and Toyota may have already struck a deal to develop an electric prototype by the end of the year.

                        The Nikkei doesn’t provide much to go on, nor does it give many specifics. Without detailed info or confirmed sources, we’ll have to call this one nothing more than a rumor, but we certainly hope that it pans out to be true. Here’s what the Nikkei reported:

                        Upon forming capital and business ties last month, Toyota and Tesla said that they will jointly develop electric vehicles and share expertise, such as Tesla’s electric-vehicle technologies and Toyota’s production know-how. As the first step, the two firms aim to develop a prototype based on a current Toyota model using Tesla’s lithium-ion-battery-based system. Actively utilizing Tesla’s technologies will likely enable Toyota to lower the cost of its future electric vehicles, a Toyota executive said.

                        Like we said, we can’t confirm any of this yet and it may just be a well-placed rumor, but it piques our interest and we’ll certainly keep a close eye on it.

                        [Source: Nikkei via Green Car Congress Image: Speculative rendering by reader Joona Kallio]

                        Rumormill: Toyota, Tesla to jointly develop electric prototype by year’s end

                              



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                          Le Mans-winning 1959 Ferrari 250 GT TdF on the block at Mecum Monterey

                          1959 Ferrari 250 GT TdF

                          1959 Ferrari 250 GT LWB Tour de France (chassis #1321) – Click above for high-res image gallery

                          With this year’s enduro at Le Mans in the books, when better to break the news of a past winner going up for grabs? The racer in question is a 1959 Ferrari 250 GT LWB Tour de France – class winner and third overall at the ‘59 24 Hours of Le Mans and winner of the 1000km of Nurburgring the same year.

                          The pristine example still sports its original race-winning red-and-orange livery bearing the number 11. Since 1959, it’s only changed hands a few times, and has been held by the same owner for decades.

                          Following a showcase on the Del Monte Golf Course, its first public showing since the early ’90s, chassis number 1321 will cross Mecum’s auction block at the Hyatt Regency Monterey Resort & Spa on August 13-14 during the Pebble Beach concours weekend, which is already shaping up to be one for the books. Details are in the press release after the jump.

                          Gallery: 1959 Ferrari 250 GT LWB Tour de France (chassis #1321)

                          966fc mecum250tdf 1 thumbnail Le Mans winning 1959 Ferrari 250 GT TdF on the block at Mecum Monterey966fc mecum250tdf 3 thumbnail Le Mans winning 1959 Ferrari 250 GT TdF on the block at Mecum Monterey966fc mecum250tdf 2 thumbnail Le Mans winning 1959 Ferrari 250 GT TdF on the block at Mecum Monterey966fc mecum250tdf 4 thumbnail Le Mans winning 1959 Ferrari 250 GT TdF on the block at Mecum Monterey966fc mecum250tdf 5 thumbnail Le Mans winning 1959 Ferrari 250 GT TdF on the block at Mecum Monterey

                          [Source: Mecum]

                          Continue reading Le Mans-winning 1959 Ferrari 250 GT TdF on the block at Mecum Monterey

                          Le Mans-winning 1959 Ferrari 250 GT TdF on the block at Mecum Monterey

                              



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                            Le Mans 2010: Peugeot grabs first four grid spots, Corvette on GT2 pole

                            5b989 090610 c peuopt Le Mans 2010: Peugeot grabs first four grid spots, Corvette on GT2 pole

                            Peugeot 908 HDi qualifying for Le Mans 2010 – Click above for high-res image gallery

                            Qualifying for the 24 Hours of Le Mans is getting quite predictable, with the big question being which of the Peugeot 908s will come out on top. After three timed sessions over two days, the No. 3 Peugeot of Pedro Lamy, Sebastien Bourdais and Simon Pagenaud came was quickest as the four French diesels filled the first two rows on the grid. Right behind them are the three factory Audi R15+ TDIs and then the two Aston Martin-Lolas.

                            Down the field in the LMP2 ranks, the Honda powered ARX-01c campaigned by UK-based Strakka racing lapped the eight-mile circuit 1.46 seconds faster than a similar car being run by defending American Le Mans Series champs Highcroft Racing. 2010 is the final year of eligibility for the GT1 class at Le Mans and Aston Martin hopes to go out in style. The DBR9 driven by Tomas Enge, Christoph Nygaard and Peter Kox edged out a pair of Ford GTs and the ex-factory GT1 Corvettes.

                            In GT2, ALMS regulars ruled the roost. The No.82 Risi Ferrari ran fastest but its time was disallowed because of an unknown technical infraction. As a result, the two Corvette C6.Rs will lead the GT2 field to the green flag with Oliver Gavin, Olivier Beretta and Emmanuel Collard on the pole. Unfortunately for the JaguarRSR team, the cool green-and-black leaping cat livery has not translated into much speed with the XKR finishing dead last in qualifying, nearly 13 seconds slower per lap than the lead Vette. The green flag falls at 3PM CET on Saturday, so stay tuned.

                            Gallery: Le Mans 2010: Qualifying and practice

                            3af9d 090610 c peu thumbnail Le Mans 2010: Peugeot grabs first four grid spots, Corvette on GT2 pole3af9d 2prn5895 thumbnail Le Mans 2010: Peugeot grabs first four grid spots, Corvette on GT2 pole3af9d audimotorsport 100609 1885 thumbnail Le Mans 2010: Peugeot grabs first four grid spots, Corvette on GT2 poleee07b 100609lemansrl51r4951 thumbnail Le Mans 2010: Peugeot grabs first four grid spots, Corvette on GT2 poleee07b 1prn4971 thumbnail Le Mans 2010: Peugeot grabs first four grid spots, Corvette on GT2 pole

                            [Sources: Le Mans, Corvette Racing, Audi, Peugeot]

                            Continue reading Le Mans 2010: Peugeot grabs first four grid spots, Corvette on GT2 pole

                            Le Mans 2010: Peugeot grabs first four grid spots, Corvette on GT2 pole

                                



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                              Report: Aston Martin to debut revised DB9, Vantage in 2013/14

                              85838 aston wheel Report: Aston Martin to debut revised DB9, Vantage in 2013/14

                              Following the introduction of the Rapide and One-77, and with the miniaturized Cygnet on its way, Aston Martin is turning its attention to its two core model lines. But rather than replace the existing DB9 and Vantage with all-new, ground-up redesigns, word from the UK is that Gaydon is planning thorough revisions of the existing models, including to their chassis and engines.

                              Both the DB9 and the Vantage are based on Aston’s flexible VH platform, which will reportedly carry on for another generation. However Aston’s aiming to cut weight by around 10 percent. Although the VH is made of aluminum, the vehicles based on the platform are heavier than they should be. A comprehensive re-engineering of the platform components, as well as the possible use of lightweight composite body panels, should help Aston trim the weight off the next-gen mode – expected to arrive around 2013/14 – thereby helping the company reach EU emissions targets.

                              The current DB9’s V12 engine is also expected to carry on for another generation, although significant revisions are expected there as well. Technologies developed for the brand’s racing program will be brought to bear for the road car, although it remains to be seen whether the potential benefits of incorporating direct injection will outweigh the costs involved.

                              Stylistically, both the DB9 and Vantage are expected to take their cues from the One-77, with a low, wide grille and strong character line running from the signature front-fender vent to the rear, albeit somewhat toned down for the volume models.

                              [Source: Autocar]

                              Report: Aston Martin to debut revised DB9, Vantage in 2013/14

                                    



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                                Ferrari signs 11-year-old to development program, renews Massa contract

                                96802 driver ac Ferrari signs 11 year old to development program, renews Massa contract

                                We don’t know about you, but when we were 11 years old, most of us here at Autoblog were dreaming about one day driving a Ferrari. Never in our wildest dreams could never have imagined being signed to a contract with the Scuderia. Not at that age, anyway. But that’s exactly what’s happened for Lance Stroll.

                                An eleven-year-old racing prodigy from Montreal, Stroll has already been kickin’ butt and taking names in pro karting series at home and around the world. He’s won several karting races and titles, and was named Rookie of the Year and then Driver of the Year by the Fedération Sport Automobile du Quebec. Not bad for a kid who hasn’t even reached his Bar Mitzvah yet.

                                As part of the Ferrari Driver Academy, Stroll will be joining a rapidly growing roster of older drivers – including several European feeder formula champs – being supported by Maranello in their budding careers. Stroll’s contract was announced in the ramp-up to the Canadian Grand Prix which returns to his home town of Montreal this weekend.

                                Against the backdrop of aspiring drivers being recruited by Formula One teams at decreasing ages, Ferrari’s program was launched after Felipe Massa was sidelined last season and the team struggled to find a suitable replacement. Massa’s contract, incidentally, was also officially renewed for another couple of seasons, confirming earlier reports. Both announcements can be found after the jump.

                                [Source: Ferrari]

                                Continue reading Ferrari signs 11-year-old to development program, renews Massa contract

                                Ferrari signs 11-year-old to development program, renews Massa contract

                                    



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                                  Brawn warns Mercedes not to supply more teams with engines

                                  bc5f1 rossbrawn merc Brawn warns Mercedes not to supply more teams with engines

                                  With a rapidly expanding grid and only four engine suppliers left in the series, the burden on each is getting mighty heavy. Renault only supplies its own team and Red Bull, but four teams are running under Cosworth power, three under Ferrari and another three run Mercedes engines. Those parameters are expected to change next season as Red Bull looks for alternatives to Renault engines, which have proven an unreliable liability so far this season, and have been known to be keen on Mercedes power. But at least one team principal thinks having the same engine as his main rivals would be a big mistake.

                                  That one team principal is Ross Brawn, mastermind of numerous world championships. Thing is, Brawn’s not the head of just any customer team. He runs Mercedes’ own F1 effort, which runs the same engines as those that the German manufacturer supplies to both McLaren and Force India. Hardly amenable to offsetting his employers’ considerable costs, Brawn has said that Mercedes should think “long and hard” before even considering supplying engines to a fourth team. And there’s little doubt as to who he’s referring to.

                                  [Source: Autosport]

                                  Brawn warns Mercedes not to supply more teams with engines

                                        



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                                    Latest GM management shuffle puts Whitacre in charge of product planning

                                    a1c08 ed whitacre ceo gm caddy blur Latest GM management shuffle puts Whitacre in charge of product planning

                                    A year after entering bankruptcy protection, the executive shuffling is still ongoing down at General Motors. The latest moves come in the wake of the creation of GM’s new venture capital unit which will be headed up by Jon Laukner, whose previous job was vice president in charge of product planning and program management.

                                    Product planning responsibility will now fall to Steve Carlisle, formerly VP of U.S. sales. One of the main goals of the changes made by CEO Ed Whitacre since taking over has been flattening the organization and removing layers of management. To that end, Carlisle will now be a direct report to Whitacre, who will henceforth have the final say in future product planning at GM. Previously, Laukner reported to vice chairman Tom Stephens, who retains control over all product development activities.

                                    Many executives we’ve spoken to at GM in recent months say that while more people are increasingly reporting to Whitacre, the ex AT&T man is not micromanaging. Instead, they argue, Whitacre is trying to put the right people into place and then relying on them to do the job. Still, the move to put someone with no previous auto industry experience in charge of product planning at GM has some pundits deeply concerned.

                                    Is this a good move or a bad one? Check out the full slate of executive changes in the links below, then have your say in ‘Comments’

                                    [Sources: AutoWeek, Inside Line Image: Bill Pugliano/Getty]

                                    Latest GM management shuffle puts Whitacre in charge of product planning

                                        



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                                      GM going after tech with new venture capital subsidiary

                                      ea7c5 volt tech GM going after tech with new venture capital subsidiary

                                      General Motors has announced a new project aimed at sourcing and encouraging new automotive technologies. The company has set up a venture capital subsidiary under the General Motors Ventures, LLC banner, and it plans to use its new arm to bring a slew of new tech to market. What kind of goodies are we talking about? We honestly have no idea, but it’s clear the General is interested in everything from fuel-saving engineering to new infotainment gear.

                                      GM says that the new organization will be headed up by Vice President Jon J. Lauckner. The guy will still retain his standard VP duties, but will also be responsible for directing exactly where the new $100 million venture capital firm goes over the next few years. Hit the jump for the short press release.

                                      [Source: GM]

                                      Continue reading GM going after tech with new venture capital subsidiary

                                      GM going after tech with new venture capital subsidiary

                                          



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                                        How much will the United States Grand Prix cost Texan taxpayers?

                                        5bd94 717px texasstatecapitolbuilding closeobliqueview How much will the United States Grand Prix cost Texan taxpayers?

                                        Love it or hate it, the Formula One circus is heading to Austin, Texas. The reinstated United States Grand Prix is set to take place in the Lone Star capital city starting in 2012 and the annual event will surely infuse an added boost of tourism revenue into the Austin area. But just how much will the initiative cost Texas taxpayers?

                                        The first indication could be the licensing fee which Formula One Management chief Bernie Ecclestone charges race organizers for the right to hold the event and its inclusion in the championship. The fee varies for each venue, and nearly every grand prix is financially supported in some capacity by local governments eager to put their locations on the map. Austin’s bill reportedly comes to $25 million for the first year, and will be passed on to local government for the first year at least. After that, the revenues from the previous year’s race will go towards Ecclestone’s fee for the following season.

                                        Assuming Bernie applies the same 7% annual increase as he does to other venues, that means the race will need to generate $26.75 million in its first year to cover just the licensing fee for the following year. Considering that – with advertising, concessions and just about everything else going straight to Bernie’s pockets and some to the teams – ticket sales remain as one of the few ways for race organizers to recuperate the costs.

                                        [Source: Austin American-Statesman via F1 Fanatic Image: Daniel Mayer CC2.0]

                                        How much will the United States Grand Prix cost Texan taxpayers?

                                              



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