Full steam ahead! After a slew of false starts and technical difficulties, the British Steam Car just broke the world land speed record for a steam-driven vehicle by hitting a scorching average speed of 139.843mph! Dubbed the “fastest kettle in the world“, the 25-ft long car smashed the century old record of 127mph at 8:19 this morning at Edward’s Air Force Base in California… Details & Pictures
The Obama administration plans to end the popular $3 billion Cash for Clunkers program on Monday, giving car shoppers a few more days to take advantage of big government incentives.
The Transportation Department said Thursday the government will wind down the program on Monday at 8 p.m. EDT. Car buyers can receive rebates of $3,500 or $4,500 for trading in older vehicles for new, more fuel-efficient models.
“It’s been a thrill to be part of the best economic news story in America,” Secretary Ray LaHood said in a statement. “Now we are working toward an orderly wind down of this very popular program.”
Through Thursday, auto dealers have made deals worth …Â Details
FORTY-SEVEN TEAMS GEARING UP TO RACE DOWN GRAND AVENUE ONTO 5TH STREET
LOS ANGELES, Aug. 18 /PRNewswire/ — On September 26 there will be at least two streets in Los Angeles free from the usual gridlocked traffic. Grand Avenue and 5th Street in Downtown will be reconfigured into wide-open raceways as the Red Bull Soapbox Race screeches into town. The wacky event will feature a field of 47 hand-made soapbox racers, driven by men and women daring enough to brave steep drops, a 90 degree turn and scary speeds in pursuit of achieving glory. But this race is far from your stereotypical childhood derby, and these are no ordinary vehicles! Angelenos can keep their eyes peeled for a giant nose, a bunk bed, a time-traveling DeLorean, Pac-Man, an Aztec temple and more zooming down Grand Ave and taking a sharp turn onto 5th Street next to Pershing Square Park.
After reviewing around 200 applications, the 47 most creative teams were selected to race their human-powered vehicles down the course. While these teams definitely feel the need for speed – they can reach close to 40mph in their racers – they will need more than just velocity to win. Judging is based on three criteria: speed, creativity and showmanship, so expect to see a healthy slice of style added to soapboxes’ blur-inducing speed …Â Details
Bugatti Veyron $1,700,000 – most expensive, most powerful, and fastest car in the world.
The Bugatti Veyron EB 16.4 is a mid-engine grand tourer produced by Bugatti headquarters in Château St Jean in Molsheim (Alsace, France), and whose production and development is often credited to Ferdinand Karl Piech. It is named after French racing driver Pierre Veyron, who won the 24 hours of Le Mans in 1939 while racing for the original Bugatti company. Two hundred examples of the Veyron are known to have been built and delivered since production began. There will be a total of 300 built. All the Veyron editions contribute to the 200 being built (stopped built in late 2008). The editions that are contributing are the… Details & Pictures of all 7