An American investment consortium led by HIG Capital has reportedly moved to acquire Germany’s famed Nurburgring race complex.
The firm is said to have submitted an acquisition proposal to the German competition regulator, the Federal Cartel Office, for a significant portion of the Nurburgring’s assets, according to Reuters.
The group is allegedly preparing to pay no more than 60-70 million euros (~$83.4-$97.3 million USD) for the complex, representing approximately half of the initial asking price of 125 million euros (~$174 million USD) in March of last year.
The buyout reportedly includes … More
Gasoline engines have gotten incredibly good at squeezing all the energy they can out of gas. The problem is that “incredibly good” still means about 37% efficiency. If my high school transcript is any measure, 37% still kind of sucks. The rest of that energy is lost as heat, but there are ways to reclaim it. Ask Porsche.
Porsche’s 919 Hybrid racer is using a pretty novel drivetrain: a 500HP 2L V4 engine (a first, if you don’t count their flat-fours as a 180°V) and an electric KERS system with an electric motor active on the front wheels. But what makes it interesting is … Pictures and more
Ian “Skip” Wilson, a retired Lake County mechanic, has been reunited with his beloved 1957 Chevrolet Bel Air 30-years after it was stolen from his home in Clearlake Oaks, California.
The story of Wilson and his ’57 Bel Air dates back to 1975, when he bough the dilapidated classic for just $375. Wilson spent countless hours getting the Bel Air back into shape, only to have it stolen in 1983. The cops eventually found the Bel Air, but with the engine and transmission removed. Even without those key parts the Bel Air proved too much for crooks to resist, and the car was stolen again in 1984. This time the Bel Air was gone for good, or so Wilson though.
But almost 30-years after … More
In the last six or seven years, I have managed to be a very good boy and have gotten no traffic tickets, none. And by bragging about that to a few people instead of clamming up, I knew I was asking for it. Last April I got it, riding up the 110 freeway in L.A. on my way to Corsa Motoclassica on a shiny new FJR1300.
I’ve always thought the best defense in traffic is a strong offense, and usually travel slightly faster than most of the automobiles, which are of course always travelling faster than the speed limit whenever they’re able to. That’s what I was doing in … More