Following a failed takeover of Volkswagen, Porsche has fired CEO Wendelin Wiedeking and CFO Holger Härter. Wiedeking orchestrated the failed takeover of VW, leaving Porsche with a debt of $12 billion and a cash shortfall somewhere in the neighborhood of $3.5 billion.
Rumors of Wiedeking’s dismissal have been circling the internet rumor mill for several days now, but Porsche made the announcement official on Thursday. Wiedeking took over as Porsche CEO in 1993, taking the company from … Details
Like I needed another reason to visit the Nürburgring, it turns out that Ferrari, marque of all marques, has decided to open a retail outlet at the famed track. This is the first such store located at a track (unless you count the flagship store, which is next to Fiorano), so checking it out while at a GP or the next 24 Hours of The Nürburgring seems like a no brainer.
First, what else needs to be said about the Nürburgring? Well a lot, if you ask me. I can’t sing the praises of this place enough. Sure, the new circuit is interesting enough, but I’m talking about… Details & pictures
Using a turbo kit is a great way to add performance and sound to any vehicle. The most drastic improvements occur when using a higher CFM turbo on vehicles that come with turbo engines installed from factory. A turbo engine is much different than a naturally aspirated engine because it is built to withstand the pressures and heat generated by using forced induction. Additional bearings, better quality metal, higher pressure fuel injection system, and other various improvements can be found stock on a OEM turbo engine. Adding a turbo kit to a vehicle that is naturally aspirated is okay but please consider the following…Â Details
ford xr6 turbo going nuts! – reaching 1153hp just the engine…imagine it in real life on the highway….woooaaahhhh lol
Lewis Hamilton has said he would contest the famous Le Mans endurance sports car race with Mercedes-Benz.
Mercedes Le Mans history is littered with success and failure: after the 1955 Le Mans disaster the German marque withdrew for decades, returning with some success with Sauber in the late 80s.
Another return in the late 90s culminated in another withdrawal after Mercedes’ cars, one of them driven by new Grand Prix winner Mark Webber, repeatedly flipped at the 1999 Le Mans 24 hours…Â Details