UBS AG agreed to sponsor Formula One car racing, backing a series that Credit Suisse AG and other banks abandoned amid the credit crunch.
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Wednesday, 25 August 2010
UBS Becomes Formula 1 Motor Racing Sponsor as RBS Prepares to Pull Backing
Porsche Carrera GT In Miami Beach
The development of Carrera GT can be traced back to its predecessors, the 911 GT1 and LMP1-98 racing cars. Due in part to the FIA and ACO rule changes in 1998, both designs had ended. Porsche at the time had planned on a new Le Mans prototype for 1999. The car was initially intended to use a turbocharged flat-6, but was later redesigned to use a new V10 engine, pushing the project back to planned completion in 2000. The V10 was a unit secretly built by Porsche for the Footwork Formula One team in 1992, but later shelved. The engine was resurrected for the Le Mans prototype and increased in size to 5.7 litres. Unfortunately the project was canceled after two days of testing for the first car, in mid-1999, mostly due to Porsche's wish to build the Cayenne SUV with involvement from Volkswagen and Audi, thus requiring engineering expertise to be pulled from the motorsports division. It was also speculated that VW-Audi chairman Ferdinand Piëch wanted Audi's new Le Mans Prototype, the Audi R8 not to face competition from Porsche in 2004. Porsche did keep part of the project alive by using the 5.5 L V10 from the prototype in a concept car shown at the 2000 Geneva Motor Show, mainly in an attempt to draw attention to their display. Surprising interest in the vehicle and an influx of revenue provided from the Cayenne helped Porsche decide to produce the car, and development started on a road-legal version that would be produced in small numbers at Porsche's new manufacturing <b>...</b>
Author: NiceCarzTVLink...
Wednesday, 18 August 2010
Pirelli begin Formula One tyre testing
Pirelli have started their first Formula One tyre development test, with former Mercedes GP reserve driver Nick Heidfeld at the wheel of a 2009 Toyota TF109. Heidfeld is to be Pirelli's official test driver as the Italian firm prepares to return to Formula One racing in 2011 as the sport’s sole supplier following an absence of 20 years.
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ItaliaspeedTV - Pirelli & Motorsports: Group Chairman Marco Tronchetti Provera
The chairman of the Pirelli Group, Marco Tronchetti Provera, and Pirelli Tyre's managing director, Francesco Gori have outlined the company's plans for supplying tyres to Formula One for the three-year period of the new contract that runs between 2011-2013. Pirelli came into the picture as the only serious candidate after F1's current sole tyre supplier, Japan's Bridgestone, announced it would pull out at the end of this season and the only other serious contender for the contract on offer, Michelin, declined to tender a bid after its demand for the cars to use bigger 18-inch wheels and lower profile tyres was rejected by F1's organisers. Michelin, which has a company philosophy of pitting itself on the racetracks directly up against its rivals, was also more enthusiastic about a non-exclusive deal that would bring back the "tyre wars" of the past. For Pirelli this contract adds to its exclusive deals with the World Rally Championship, Grand American Sports Car Series and World Superbike Championship. The Pirelli's programme includes the creation of a dedicated team for the development and production of Formula One tyres. The team of internal Pirelli human resources, will be made up of engineers and researchers who have accumulated experience at the highest levels of motorsport: creating winning products for rallying, Superbike, the Rolex Sports Car Series in North America and GT racing, as well as various one-make series. This Pirelli hopes will ensure that the other <b>...</b>
Author: ItaliaspeedTVLink...
Wednesday, 11 August 2010
Kahne to drive for Red Bull Racing next season
Kasey Kahne finally has a ride locked down for 2011, at Red Bull Racing, where he will spend one season before moving to Hendrick Motorsport ...
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Mclaren F1
BrianZuk spots an incredible light blue MCLAREN F1 in the flesh, first at rest, then on the road!
Author: BrianZukLink...
Wednesday, 4 August 2010
LG AND RED BULL RACING JOIN FORCES IN FORMULA 1
LG Electronics (LG), a global leader and technology innovator in consumer electronics, has become a Team and Technology Partner to Red Bull Racing in the FIA Formula One World Championship.
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