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The California Mille 2011 will be held April 24-28 over 1,000 miles of Northern California’s finest back roads.

The 21st annual running of the California Mille will begin with a public preview atop San Francisco’s Nob Hill on Sunday, April 24, with some 70 historic race cars on display from 11 am to 6 pm. The following morning, the cars will depart at 8:30 AM for a four-day, 1000-mile adventure that will take them along little-known roads to time-capsule towns, challenging race tracks and a private auto collection.

The California Mille honors  …  Pictures & More

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If you turn the pages of recent history back just a bit, you may recall that in 2009 Porsche attempted – and later failed – to acquire Volkswagen, pouring roughly 14 billion into the effort. Following the sportscar maker’s botched attempt to buy up control of the more plebeian VW, the former target switched roles and purchased $4.12 billion in Porsche shares in December 2009, giving VW a 49.9 percent stake in Porsche.

Because of Porsche’s failed takeover attempt, the automaker has several billion dollars in debt that it needs to pay down, including a $3.5 billion bank loan that comes due in  …  Details

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World Rallycross Champion Marcus Gronholm adds another trophy to his collection after battling it out with Dave Mirra, Tanner Foust and the rest of the world’s best Rally drivers.

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General Motors Co.’s Cadillac luxury division will re-enter the fray of elite sports car racing this weekend after finishing its last round of track testing on two CTS-V coupe race cars at in Sebring, Fla.

The event in St. Petersburg, Fla. is the season opener of the Sports Car Club of America World Challenge GT series. Cadillac last competed in the racing series in 2007 with a  …  More

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