Ferrari boss Luca di Montezemolo has warned the FIA they face a mutiny from the car manufacturers in F1 if they do not resolve the row over rules and funding.
The FIA wants to bring in a £40 million budget cap, with hefty penalties for teams that do not operate within that limit, in time for the 2010 season.
Although Ferrari have been accepted unconditionally on the entry list for the 2010 season they could still leave F1.
The FIA claims to have a contract with the Italian team for them to be in F1 for another two seasons, while Ferrari claim …Â Details
Mike Rowand, facility manager at Saturn of Jackson, said if anyone can save the Saturn automobile brand, it’s Roger Penske.
On June 5, Penske entered into a memorandum of understanding with General Motors to purchase the Saturn name, its dealerships and certain assets from the bankrupt automaker. If finalized, the agreement will put the Saturn automobile line under one of the world’s most successful car dealers and parts suppliers in automotive history. Penske owns Detroit Diesel, and the largest car distributorship in the United Kingdom. He is also the same Penske that owns NASCAR and Indy car racing teams.
Still, Penske faces an uphill battle to save Saturn.
Saturn originally was developed as its own entity when it debuted in 1990…Â Details
People often ask me questions about the differences between Formula One and NASCAR and in reality comparing the two sports is almost pointless, as aside from the high speeds, there is little similarity. In simple terms though, let’s have a look at the differences and some similarities between the two codes.
Both sports have a long history: NASCAR’s being born from the exploits of bootleggers in the prohibition era, who modified their cars to … Details
