Report: Chevy to yank all 11 Indycar engines after testing failure, controversy ensues

James Hinchcliffe's GoDaddy.com-liveried 2012 IndyCar

The Associated Press reports General Motors has pulled all 11 Chevrolet IndyCar engines from testing after racer James Hinchcliffe blew one during testing at Sonoma. GM evidently was concerned enough about the 10 other engines having similar problems that it decided to swap them all and face the resulting sanctions.

Under IndyCar’s current rules, Hinchcliffe, driver of the GoDaddy.com will be penalized for the failure despite the fact that it had nothing to do with the driver. IndyCar prohibits engine changes until the units have reached a minimum of 1,200 miles, a figure that is set to jump to 1,850 miles after this weekend. IndyCar CEO Randy Bernard, meanwhile, maintains that the rule is meant to reduce costs for teams. He also pointed out that both Honda and Lotus have received similar penalties this season. But that hasn’t stopped some from grumbling about the rules.

Until this point, Chevrolet has done exceedingly well this season, nabbing the first two poles and taking a victory at the season-opening race. The company currently holds the lead in the manufacturer’s title with 18 points – six points ahead of Honda.

Hinchcliffe, meanwhile, says he’s excited about the challenge that the engine swap presents. He, along with a smattering of other racers, will now start at the back of the pack, and Indycar’s rulemakers have themselves a new controversy to contend with.

Chevy to yank all 11 Indycar engines after testing failure, controversy ensues

    



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    Video: EVO takes a closer look at Harry Metcalfe’s 1972 Lotus Elan Sprint

    Evo Diaries' Lotus Elan Sprint

    Everyone has their ultimate vehicle wish list, and ours is littered with a smattering of models both obscure and asinine. One of the more mainstream sweethearts is the original Lotus Elan. Collin Chapman’s wonderchild remains an impressive performer even today, thanks to its feathery curb weight and the impressive performance on hand. As you may recall, EVO Magazine pitted editorial director Harry Metcalfe’s 1972 Elan Sprint against vehicles like the Toyota MR-2 and Mazda Miata back in the early 2000s. Metcalfe still has his tiny yellow convertible and was kind enough to bring a camera along for the roadster’s first run of the spring season.

    Weighing in at around 1,500 pounds and packing a surprising 126 horsepower, Metcalfe says the car is still good for sprints to 60 mph in a tick past six seconds. Unburdened by pesky life-saving hardware like crumple zones, steel reinforcements, airbags or any electronic nannies, the plucky little fiberglass creation is also a pretty smart handler even though the model is now officially 50 years old. Hit the jump to check out the video for yourself.

    Continue reading EVO takes a closer look at Harry Metcalfe’s 1972 Lotus Elan Sprint

    EVO takes a closer look at Harry Metcalfe’s 1972 Lotus Elan Sprint

        



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      Freddie Ford predates Asimo by 34 years

      Freddie Ford robot from the 1960s - black and white image

      So how’s this for a way to celebrate National Robotics Week? Ford has dug up some photos and press releases from the late 1960s featuring “Freddie Ford,” a quasi-robot made out of auto parts that entertained crowds on the auto show circuit.

      To our modern sensibilities, Freddie barely qualifies as an appliance, let alone an actual robot like Asimo from Honda, MABEL from the University of Michigan, or Robonaut from General Motors and NASA. From reading the press releases, we gather that Freddie mainly responded to questions from the audience with corny answers that touted Ford’s products.

      Question: “Are those oil pans really your feet?” Answer: “Yes, sir, these are 390 V-8 oil pans from the biggest V-8 that uses only regular gas.”

      While Freddie is amusing enough, the real treasure here are the press releases from an era in which Ford could do no wrong. To read the casual mentions of the company’s victory at Le Mans with the GT40 and the launch of the original Mercury Cougar is a real treat.

      Scroll down for the vintage press releases and check out both the Freddie Ford photos in our gallery.

      Continue reading Freddie Ford predates Asimo by 34 years

      Freddie Ford predates Asimo by 34 years

          



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        Report: Maserati gearing up to produce Alfa 4C, new sedan in Italy

        Alfa Romeo 4C Concept

        Production of the upcoming Maserati Kubang may be set for the Jefferson North plant where Chrysler builds the Jeep Grand Cherokee on which the high-riding Maserati will be based, but that doesn’t mean that the Trident marque is giving up on production in its home country of Italy anytime soon.

        According to statements made by union officials, Maserati is gearing up to produce a new four-door sedan at a facility on the outskirts of Turin – although whether that is the larger replacement for the Quattroporte or its upcoming baby brother remains unclear – but that’s not all. Maserati, according to reports, has also been tasked with building the 4C sportscar for sister-brand Alfa Romeo, much like it had with the higher-end 8C Competizione that came before.

        Between the two new sedans, the SUV, the ongoing production of the GranTurismo line and the Alfa 4C, Maserati sure seems to have its hands full – with a little game of musical factories – for a brand currently represented by two model lines.

        Maserati gearing up to produce Alfa 4C, new sedan in Italy

            



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          Official: Ford, Dow Chemical partner on carbon fiber composites, hope to shed up to 750 pounds

          Vaughn Gittin Jr.'s carbon fiber RTR-C Mustang from SEMA 2009

          Ford is getting religion when it comes to light-weighting its vehicles. The company has entered into a new partnership with Dow Chemical to develop carbon fiber that can be manufactured at affordable prices for high-volume applications. That, of course, is the holy grail of weight reduction, which is why other manufacturers like General Motors are also partnering with suppliers to try and achieve the same ends.

          Now before you get too excited about the carbon-fiber Mustang in the photos, understand that it was just a limited-production car shown at SEMA in 2009, and it carried a price tag of $135,000. That’s the problem with carbon fiber parts – they are expensive because they are much more difficult to manufacture in volume than steel.

          But if Ford and other carmakers are going to achieve the sorts of fuel economy improvements required by new regulations, they’re going to have to either scale carbon fiber or dramatically shrink the size of most vehicles. Ford says it’s targeting a 750-pound weight reduction per vehicle by the end of the decade.

          Scroll down to read the full press release.

          Continue reading Ford, Dow Chemical partner on carbon fiber composites, hope to shed up to 750 pounds

          Ford, Dow Chemical partner on carbon fiber composites, hope to shed up to 750 pounds

              



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            Official: Williams signs female test driver Susie Wolff

            Susie WolffIn as male-dominated a sport as motor racing, women drivers are still a rarity – but not without their exceptions. Danica Patrick has become a household name in IndyCar and NASCAR, Vanina Ickx (daughter of legendary F1 driver Jacky) has contested Le Mans seven times, Sabine Schmitz is rightly known as the Queen of the Ring, and Natacha Gachnang has made a name for herself in Formula 3 and GT racing. But the latest announcement revolves around one Susie Wolff.

            Driving for Mercedes-Benz in the DTM touring car series for the past several years, Susie has now been hired as a development driver for the Williams F1 team. In her new capacity, she’ll be helping the team work out kinks in their simulator, the aerodynamics of the FW34 chassis and even undertake a full track test at an upcoming grand prix.

            Now if you’re thinking “Wolff and Williams – why do those names sound familiar together,” you’ve got a keen memory. Toto Wolff is a board member and part owner of the team – and just also happens to be her husband. Follow the jump for the official announcement.

            Continue reading Williams signs female test driver Susie Wolff

            Williams signs female test driver Susie Wolff

                



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              Report: Next Ford Mustang going global

              Ford Mustang Emblem

              It was only a matter of time before Ford pushed the Mustang out of the American nest and into the global market. According to PopularHotRodding.com and Auto-Motor-Und-Sport.de, that time has come. The German site quotes Barb Samardzich, head of development for Ford Europe, as saying the next-generation Mustang is being designed to meet European Union pedestrian safety regulations, despite the fact that no formal decision has been made on whether or not buyers in the EU will be able to get their hands on the Pony.

              Then there’s Popular Hot Rodding, which has gathered news from far and wide into a lengthy composite of what the future may bring for the Mustang. Tucked among sourceless whispers of a hybrid drivetrain, an independent rear suspension and a whole new design language is the indication that the performance coupe is being prepped for sale in the UK, Australia and even Japan.

              That’s good news for buyers who have been forced to content themselves with grey-market imports until now. Popular Hot Rodding also indicates the new model may shave as much as 300 pounds to increase performance while maintaining today’s power levels. How much of this is true? We’ll find out when the 2015 Ford Mustang debuts in 2014.

              Next Ford Mustang going global

                  



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                Thou Shalt Not Clone: Fraudster convicted over fake 1965 Chevelle Z16

                Bobby Patton's Chevelle Z16 Clone

                No matter how hard you try, you can’t out run the Internet. Just ask Bobby Patton. The man thought he could pull a quick one by representing a 1965 Chevrolet Chevelle as an incredibly rare, incredibly valuable Z16.

                For those of us who aren’t soaked in obscure General Motors model history, Z16 models featured brakes lifted from full-size sedans of the day, a unique rear axle, a stiffer boxed frame borrowed from a convertible and a uniquely trimmed L37 396 V8. Other details like special trim work, badges, VINs and various engine and axle stampings help identify the hopped up Malibu models from their kin.

                Patton missed the memo on those details, apparently, opting instead to slap some 396 badges on the fender and call it a day. While that may have been enough to fool a local car show judge, it became an issue when he listed the coupe on an auction site for $100,000. Jeff Helms, the owner of a site dedicated to nothing but Z16 models, quickly pointed out that the Chevelle boasted a fake VIN copied from a photo on his website. Patton then attempted to defend himself, saying he bought the car that way.

                Patton closed the auction after four days, but not before the Ohio State Patrol got wind of the suspicious ‘65. Officers contacted the previous owner, who proved the car had been sold with 327 emblems. It didn’t take long for Patton to face charges of Tampering with Records, Possessing Criminal Tools, Telecommunications Fraud and Attempted Simulation. He pleaded guilty to the first charge and received two years of probation. Head over to Hemmings for the full tale, and remember, the Internet is watching.

                Thou Shalt Not Clone: Fraudster convicted over fake 1965 Chevelle Z16

                    



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                  Study: IIHS says most LATCH systems are too difficult to use [w/video]

                  IIHS says most LATCH systems are too difficult to use

                  If you’ve ever tried installing an infant car seat in say, a Jaguar XKR, you understand that just because a car has LATCH anchors doesn’t mean your car seat is going to fit. Those anchors are supposed to make child restraint installation a breeze, but according to a new study by the Insurance Institute for Highway Safety and the University of Michigan Transportation Research Institute, many automakers aren’t following the spirit of the law requiring them.

                  The study looked at the 98 top-selling vehicles from 2010-2011 and found just 21 that met its criteria for having “easy-to-use” LATCH hardware. Making the list were the Audi A4; Cadillac Escalade; Chevrolet Equinox, Silverado, Suburban and Tahoe; Chrysler Town & Country; Dodge Caliber, Grand Caravan and Ram; Ford Escape and F-150; GMC Sierra; Honda Pilot; Kia Sedona; Land Rover Range Rover Sport; Mercedes-Benz C-Class and E-Class; Mitsubishi Eclipse and Lancer; and Toyota Tacoma.

                  The researchers used a test fixture that adhered to guidelines developed by the Society of Automotive Engineers to develop three criteria for evaluation. The first was having anchors that were easy to see and not buried beneath rear seat cushions. The second was having the LATCH attachment points unobstructed by seatbelts, foam or other parts of the seat. The third was that adults could correctly install the seats using less than 40 pounds of force.

                  While the study found that the majority of models didn’t nail all three criteria, the list of vehicles that didn’t meet any of them was much shorter: Buick Enclave; Chevrolet Impala; Dodge Avenger; Ford Flex and Taurus; Hyundai Sonata; and Toyota Sienna.

                  Scroll down to see a video about LATCH and read the full release from IIHS.

                  Continue reading IIHS says most LATCH systems are too difficult to use [w/video]

                  IIHS says most LATCH systems are too difficult to use [w/video]

                      



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                    Review: 2012 Toyota Yaris SE

                    Plenty Improved But Facing Stiffer Competition Than Ever

                    2012 Toyota Yaris SE

                    Toyota lost much of its credibility with enthusiasts after killing off what few performance cars it offered years ago, and yet the average car buyer still seems drawn to most anything wearing one of its badges. Even so, there has been one vehicle in the Toyota lineup that enthusiasts and cars-as-appliance shoppers have seemingly agreed upon for all the wrong reasons: the Yaris.

                    The subcompact Yaris has never taken hold here in the U.S. like its larger Corolla and Camry stablemates – its awkward shape and unmemorable driving characteristics combined to keep this little Toyota from the top of the sales charts. The Yaris has always remained far behind the monthly sales talliess of the more engaging Honda Fit and practical Nissan Versa.

                    Toyota has gone back to the drawing board for the 2012 model year, combating the dullness of the old Yaris with a combination of more expressive styling and the promise of improved driving dynamics. It has even tuned the Yaris SE with a stiffer suspension and bigger tires as an olive branch of sorts to budget-minded enthusiasts, so we couldn’t resist taking the reins of a five-door SE for a week-long test to see if Toyota’s new, greener branch is worth taking.

                    Continue reading 2012 Toyota Yaris SE

                    2012 Toyota Yaris SE

                        



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                      Followup: Five people hurt in GM lab explosion, A123 battery reportedly responsible

                      GM Warren Tech Center explosion aftermath

                      More details are filtering in about yesterday’s explosion at the General Motors Technical Center battery research lab in Warren, Michigan.

                      First, the number of people injured has climbed to five, with one taken to the hospital and four treated at the scene. The local deputy fire chief said none of the injuries were life-threatening. The fire department also told the local mayor that it was fumes from hydrogen sulfide that caused the explosion, but GM declined to comment on that aspect. We learned yesterday that a battery under “extreme testing” caused the explosion.

                      According to The Detroit News‘ David Shepardson on Twitter, “Chemical gases from the battery cells were released and ignited in the enclosed chamber. The battery itself was intact” and, “All areas of the Alternative Energy Center except for the battery lab and adjacent offices will operate normally on Thursday.”

                      Unnamed sources have told the media that it was a prototype battery pack made by A123 that caused the fire. Fox News says that pack was being tested for use in the Chevy Spark EV and other all-electric vehicles. Batteries made by A123 were recently involved in a $55 million replacement effort in the Fisker Karma.

                      Five people hurt in GM lab explosion, A123 battery reportedly responsible

                          



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                        Video: 2013 Scion FR-S gets first dyno run

                        fr-s dyno test

                        The 2013 Scion FR-S doesn’t have the kind of power that results in jaw-dropping dyno numbers, but any naturally aspirated 2.0-liter four cylinder that promises 200 horsepower and 151 pound-feet of torque needs to be vetted out.

                        The good people at Edmunds did the vetting, and the hotly anticipated Scion model performed, well, predictably. The FR-S delivered what Edmunds called “the most repeatable runs on the dyno of any car in recent memory,” with peak wheel power measuring 173 horsepower at 7,000 RPM and 143 pound-feet of torque at 2,500 revolutions. Keep in mind that these numbers are at the wheels, not at the crankshaft where factory numbers are recorded.

                        One interesting stat that showed up on the line graph was a 14-percent drop in torque between 3,200 and 4,500 RPM. This was reportedly done by engineers on purpose to increase driving pleasure lower in the rev range, which sounds like a solid compromise to us. Hit the jump to watch the video, and make sure to turn up your speakers for optimal boxer four enjoyment.

                        Continue reading 2013 Scion FR-S gets first dyno run

                        2013 Scion FR-S gets first dyno run

                            



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                          Report: Auto industry pays $135 billion in taxes annually

                          54af1 money Report: Auto industry pays $135 billion in taxes annually

                          How important is the auto industry to state and federal governments? According to the Center for Automotive Research, the industry accounts for $135 billion in annual taxes. In fact, a reported 13 percent of all state taxes comes from the automobile, or $91.5 billion in total.

                          Just as impressive is the overall money that Americans pour into their four-wheeled transportation. CAR estimates that auto sales come in at $564 billion, and parts, repairs and other services add in another $173 billion. And those are the staggering numbers generated in an auto market of only 12 million units per year. So far, 2012 auto sales appear to be moving closer to 14 million units, which should help push the $735 billion total closer to the $1 trillion mark.

                          The income generated by cars and trucks is certainly significant, but a good portion of that income goes toward new roads. Of the $43 billion that ends up in federal coffers, $29 billion comes from fuel taxes. On the state level, two-thirds of the $91.5 billion comes from taxes on fuel. Still, that amounts to 10 percent of California’s overall revenue and a knee-wobbling 23 percent of revenue in Oklahoma.

                          Auto jobs also contribute serious coin to Uncle Sam, with Michigan leading the way. Uncle Sam took in $2.2 billion from The Mitten State, followed by Ohio and California. Hit the jump to read the CAR press release.

                          Continue reading Auto industry pays $135 billion in taxes annually

                          Auto industry pays $135 billion in taxes annually

                              



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                            Auctions: McLaren F1 GTR Longtail up for grabs at The Quail

                            1997 McLaren F1 GTR Longtail #028R

                            It may be a bit of stretch to call a McLaren F1 “priceless”, but finding an owner willing to part with his can be a challenge for even the most determined (and cash-rich) collector. But just such an opportunity is coming around the corner at Bonhams’ upcoming auction at the Quail Lodge in August. While every McLaren F1 is a rare bird indeed, this one is even more so.

                            Even more extreme than the road-going supercar on which it was based, the McLaren F1 GTR emerged as a dominant force in endurance racing in the late 1990s. The F1 GTR proved so successful, in fact, that despite being categorized in the GT classes of production-based racers, it eclipsed the purpose-built prototypes to claim overall victory at the 2005 24 Hours of Le Mans.

                            All told, McLaren only built 28 examples of the F1 GTR – of which only ten were the aerodynamically-optimized Longtail versions – and this was the very last of them. Built in 1997, chassis 028R contested the FIA GT Championship at the Nurburgring, the A1-Ring, Donington, Spa, Mugello, Sebring, Laguna Seca and Suzuka.

                            Decked out in Gulf and Davidoff race livery, it’ll go to the top bidder at The Quail, but we dare not venture a guess as to how much he or she will have to pay for the privilege – but the last time this car went up for sale, the asking price was nearly $4 million. Feel free to read more about the car in the press release below.

                            Continue reading McLaren F1 GTR Longtail up for grabs at The Quail

                            McLaren F1 GTR Longtail up for grabs at The Quail

                                



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                              Official: NADA, J.D. Power shack up

                              17e75 nadajdpower Official: NADA, J.D. Power shack upJ.D. Power and Associates created the Power Information Network (PIN) in 1993 to collect and analyze dealer transactions on new and used cars. Power uses the data from more than 10,000 dealerships to “improve business for automotive dealers, manufacturers, lenders, and other companies in the industry.” The wider use of consumer data captured at the point-of-sale is what concerns dealers, and it’s probably that reasoning which has led to the National Automobile Dealers Association (NADA) partnering with J.D. Power to codify how the information is used and to enhance its application.

                              It isn’t yet spelled out clearly how the tie-up will alter the relationship between dealers and J.D. Power, but it appears to give the NADA a better position in the food chain and flow of customer data, and more protection for dealers and for the data itself. Follow the jump for a press release about the announcement.

                              Continue reading NADA, J.D. Power shack up

                              NADA, J.D. Power shack up

                                  



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                                Official: Toyota pushes back TS030 race debut after test-session crash

                                Toyota TS030 Hybrid racecar - rear three-quarter view on track

                                “Mentsch tracht, Gott lacht,” goes the old Yiddish proverb. Man plans, God laughs. And that certainly applies to motor racing, where engineers, mechanics, strategists… entire teams spend day and night over the course of months preparing to campaign their new race car, only for it all to go horrible wrong at the last minute. And that’s what the folks at Toyota Motorsport GmbH in Cologne, Germany, are apparently facing now.

                                After having their Formula One program shut down a couple of years ago by corporate headquarters, Toyota Motorsport has been hunting for a new project ever since. That new project turned out to be the TS030 Hybrid, an advanced Le Mans prototype which they’ve been gearing up to campaign in the new FIA World Endurance Championship and its headline event, the 24 Hours of Le Mans. Only those plans were set back some – if not ground to a halt – last Wednesday when the only working example of the TS030 crashed while undergoing testing at the Paul Ricard circuit in the South of France.

                                In the statement after the jump, Toyota doesn’t specify exactly what happened or who was driving at the time, but you can be sure he’s feeling pretty morose right now, because the chassis was damaged so extensively that the team won’t be able to repair it in time for the Six Hours of Spa where the car was supposed to make its race debut on May 5. Toyota does, however, expect to be up and running again in time for Le Mans in June, although whether that will leave the team with enough time to build the two cars it was expecting to field there or have to revert to a single entrant remains to be seen.

                                Continue reading Toyota pushes back TS030 race debut after test-session crash

                                Toyota pushes back TS030 race debut after test-session crash

                                    



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                                  Official: Porsche acquires Nardo high-speed test track

                                  Porsche 918 prototype testing at Nardo

                                  If Porsche wants to test out a new vehicle at speed – and you can usually bet that at any given time Porsche will be testing a new vehicle at speed – it’s got miles and miles of Autobahn at which to do it. Not enough? There’s the Nürburgring and all of its myriad turns and changes in surface. It’s also got its own facilities at Weissach at its disposal. But considering the quantity (and, for fans of the company’s products, quality) of Porsche’s vehicles, even that’s not enough. So what’s a sportscar manufacturer to do? Get a track in Italy, of course. And that’s just what Porsche has done.

                                  Announced just today, Porsche has acquired the Nardo Technical Centre from Prototipo SpA, the Italian firm owned by Gian Mario Rossignolo (who has been hard at work reviving the De Tomaso marque). Now if the name Nardo rings a bell, that’s because it’s known for its 7.8-mile banked oval capable of handling high-speed runs in excess of 200 mph. But it also has a 3.8-mile handling circuit where a variety of automakers and tuners like to test out their prototypes.

                                  And starting next month, they’ll need to rent space from Porsche (whose 918 Spyder prototype is pictured above undergoing testing at Nardo) to do so, assuming Porsche is willing to rent out the space. Something tells us that sister brands under the Volkswagen umbrella like Lamborghini and Bugatti won’t have too much trouble getting some track time, though. Sroll down for the official announcement.

                                  Continue reading Porsche acquires Nardo high-speed test track

                                  Porsche acquires Nardo high-speed test track

                                      



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                                    Rumormill: Toyota working on even more exotic followup to Lexus LFA?

                                    2012 Lexus LFA

                                    Many countries have produced supercars with price tags that dip into the six figures, but that rare breed of exotic that fetches upwards of a quarter million is all but completely exclusive to Europe: Ferrari, Lamborghini and Pagani out of Italy, Bugatti from France, McLaren and higher-end Aston Martin models of Britain, top-of-the-line Porsche offerings from Germany, Koenigsegg of Sweden and so on. That’s what makes the Lexus LFA so exceptional. It extends beyond the Acura NSX and the Nissan GT-R that previously defined the top end of Japanese supercars and joins its European rivals at the very top of the market. But that, we’re reading, is only the beginning.

                                    According to a shadowy anonymous source cornered by AutoGuide, Toyota is already working on a successor to the LFA, and their mole says the car will be even more exotic, more powerful and more expensive. Just what that entails when the LFA is already limited to 500 examples, packs a 552-horsepower 4.8-liter V10 and costs $375,000 has us conjuring up images of an animé take on the Bugatti Veyron. AG suggests the car could nudge the million-dollar mark with production limited to just 100 examples.

                                    Could it be a production version of the LF-LC concept? It’s probably too early to tell. In fact, we’re going to go ahead and take this entire rumor with a few shakers-worth of salt and advise you to consider doing the same.

                                    Toyota working on even more exotic followup to Lexus LFA?

                                        



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                                      Video: Watch this mini-documentary about Viper’s domination of early ALMS

                                      2a8fa viper gts r alms 2 Video: Watch this mini documentary about Vipers domination of early ALMS

                                      If you were confused when we chose the 2013 SRT Viper GTS-R ALMS race car as the second-best debut (behind the 2013 SRT Viper production car itself) at the 2012 New York Auto Show, then maybe you’re not familiar with the Viper’s racing pedigree. Fortunately, the American Le Mans Series has produced this excellent mini documentary that helps explain why the Viper’s return to racing is a very big deal.

                                      While the Viper had been racing in various series both domestic and international before entering the inaugural season of ALMS in 1999, it began a streak in this fledgeling North American motorsport that was, in a word, dominant. During the 1999 season, Team Oreca won six ALMS races in a row in the GTS class with their Viper GTS-R racecar. The only reason the team didn’t sweep the eight-race season is because they missed the first two races. Team Oreca and the original Viper GTS-R came close to sweeping the 2000 season, though, winning eight of ten races, only falling twice to their arch rivals from Corvette Racing. Their winning streak spanned two seasons and 12 consecutive races. They also won their class at the 24 Hours of Le Mans in 1998, 1999 and 2000.

                                      Unfortunately, factory support for the program ended in 2001 and the Viper’s dominance quickly evaporated as private teams could not match Team Oreca’s OEM-backed success. Still, under the wing of Team Oreca and backed by Dodge, the Viper GTS-R amassed an impressive record of 16 race wins in 18 starts. And that’s why the car’s return to ALMS’ GT class is a very big deal. Check out the video after the jump.

                                      Continue reading Watch this mini-documentary about Viper’s domination of early ALMS

                                      Watch this mini-documentary about Viper’s domination of early ALMS

                                          



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                                        Report: Saab’s assets less than one-third of its debts

                                        Saab's Trollhatten headquarters

                                        The Detroit News reports the sum total of the remaining Saab assets is worth less than a third of the defunct automaker’s debts. All told, the company owes a hefty $1.9 billion at current conversion rates, though its total property value rings in at a comparatively paltry $532 million. The debt includes $89 million owed to former employees, $107 million to General Motors and $388 million to Sweden itself. With so many hands to feed and so few dollars to go around, Saab says only those who hold securities are likely to have their debts paid.

                                        That means those who were employed by Saab Automobile likely won’t see a dime. The horizon looks a bit more rosy for Saab Automobile Powertrain workers, however.

                                        Saab had said the company has six or seven investors interested in saving the manufacturer’s name from falling into obscurity, though it’s unclear how many of those remain dedicated to the prospect currently.

                                        Saab’s assets less than one-third of its debts

                                            



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