Roger Penske, known for his successful racing teams, in addition to being the nation’s second-largest auto dealer, has struck a tentative deal to buy the Saturn brand from General Motors. USA TODAY spoke with Penske on Sunday at Pocono Raceway in Long Pond, Pa.
Q: What’s the next step in your acquisition of Saturn?
A: The next step is to close the transaction, which we hope to do at the end of the third quarter. We’ll be dealing with GM on future product. Then we have the opportunity to source product from around the world as we go into future years. First, we’re putting an organization together and closing the transaction. The great news is that we have 350 dealerships that will be alive and well and will not have to be shut down. I think that’s a real by-product of this. For me personally…Â Details
For only the second time in his Formula One career, Lewis Hamilton failed to graduate from the first session of qualifying yesterday. That the only other time was in the previous race at Monaco underlines the depressing competitive trend the reigning world champion faces. “The car just got slower and slower throughout the weekend,†he said, after qualifying 16th in Turkey.
“We just don’t have any grip in the high-speed corners with this car,†Hamilton explained, “and this is a circuit with a lot of high-speed corners, so it’s hard to compete here.†He could only stand and watch as … Details
Rolex, a name that conjures feelings of intense drive, unrelenting ambition, perfection and trust has been sponsoring sporting events that aim to develop talent and enable individuals to attain the greatest of human triumphs. The Rolex Sports Car Series presented by Rolex is the resurrection of the fading United States Road racing Championship. Rolex took over as the title sponsor back in 2002 and has from then on constantly supported this racing event. The Rolex Sports Car Series has grown both in popularity as well as scope and has a large number of celebrities taking part in the racing tournament. The exponential growth in appeal has led to increase in media coverage and the number of spectators.
Patrick Dempsey the American born actor who rose to fame as a guest actor in the ‘Will and Grace’ series will be participating in the 2009 edition of the Rolex Sports Car Series. Patrick Dempsey who took over the American sitcom industry with his portrayal of Dr. Derek Shepherd in the immensely popular drama series called ‘Grey’s Anatomy’ has a penchant for… Details