Motor Authority - blog Category: Formula One

  • Entry-Level Porsche Roadster Rumors Hint At Reborn 356

    Entry-Level Porsche Roadster Rumors Hint At Reborn 356

    Talk of an entry-level Porsche, possibly based on a collaborative platform with Volkswagen's Bluesport roadster (pictured), has been circling the web for over a year now. With Porsche's renewed focus on making not just limited-volume, purist sports cars--see Cayenne, Panamera--the entry-level, sub-Boxster idea makes a lot of sense.

    In fact, such a car could tie Porsche's commercial necessities and its sports car heritage together in a way that no one except elitists would object to. An affordable, balanced, and fun-to-drive mid/rear engine sports car would satisfy the purists, while selling lots of them would satisfy the bottom line.

    The...

    Talk of an entry-level Porsche, possibly based on a collaborative platform with Volkswagen's Bluesport roadster (pictured), has been circling the web for over a year now. With Porsche's renewed focus on making not just limited-volume, purist sports cars--see Cayenne, Panamera--the entry-level, sub-Boxster idea makes a lot of sense. In fact, such a car could tie Porsche's commercial necessities and its sports car heritage together in a way that no one except elitists would object to. An affordable, balanced, and fun-to-drive mid/rear engine sports car would satisfy the purists, while selling lots of them would satisfy the bottom line. The latest report says the sub-Boxster model could be a "new 356"--a re-envisioning of the model that launched Porsche onto the global sportscar scene. The platform would be less related to the Volkswagen Bluesport and more to the Audi R4, though all three would share elements according to previous reports. Audi's R4 is actually expected to launch by summer of 2011, so the Porsche model could be along within a year of that date if development moves forward briskly. Power would be expected to come from a flat four-cylinder displacing about 1.9 liters with a possible mild turbocharging setup or a supercharger for around 250 horsepower. The reborn 356 would of course get its own unique Porsche-designed interior and exterior, so as to be easily distinguishable from its corporate platform mates. At the right weight such a car could rival the Lotus Exige in outright performance while costing somewhat less, at least in the U.S. Currently the Boxster and Boxster S are fairly close price rivals to the Lotus Elise and Exige, though their heavier weight and greater power output slot them into a different class. All of this discussion is far from official, however, and with Porsche's ongoing financial difficulties and new Volkswagen ownership interest, there's a lot that could yet change before the summer of 2012. [Autocar] Read More
  • Official: VW To Eye F1 Only If Costs Are Lower

    Official: VW To Eye F1 Only If Costs Are Lower

    An official from German luxury auto brand Audi has hinted that parent group Volkswagen might enter formula one if the costs continue to come down.

    Reinhold Carl, managing director of Audi Singapore, is quoted by the Straits Times newspaper as musing that while budgets are dropping, teams still need to fork out "well over a hundred million euros" for an annual F1 programme.

    "If the cost is lower, it will be more manageable," he told reporters.

    However, after car marques including Jaguar, Honda and BMW pulled out, amid rumours that Toyota and Renault might soon follow, Carl admitted that the gains from being on the grand prix grid remain...

    An official from German luxury auto brand Audi has hinted that parent group Volkswagen might enter formula one if the costs continue to come down. Reinhold Carl, managing director of Audi Singapore, is quoted by the Straits Times newspaper as musing that while budgets are dropping, teams still need to fork out "well over a hundred million euros" for an annual F1 programme. "If the cost is lower, it will be more manageable," he told reporters. However, after car marques including Jaguar, Honda and BMW pulled out, amid rumours that Toyota and Renault might soon follow, Carl admitted that the gains from being on the grand prix grid remain vague. He reckons that if VW was to decide to field a team, it would be branded either Porsche or Audi "or even Volkswagen". Read More
  • Official: Fernando Alonso Joins Ferrari For 2010

    Official: Fernando Alonso Joins Ferrari For 2010

    Ferrari on Wednesday announced that Fernando Alonso has signed a three year contract to race for the famous Italian team beginning in 2010. The 27-year-old Spaniard will replace Finn Kimi Raikkonen, who was contracted to stay with the Maranello squad for one more season.

    "With common consent, we have agreed to terminate the contract binding me to Ferrari to the end of 2010," Raikkonen, who is expected to move to McLaren, is quoted as saying in the Ferrari press statement.

    El Pais newspaper in Spain believes Raikkonen will receive €45 million for the split: substantially more than his agreed 2010 retainer.

    "I am very sad to be leaving...

    Ferrari on Wednesday announced that Fernando Alonso has signed a three year contract to race for the famous Italian team beginning in 2010. The 27-year-old Spaniard will replace Finn Kimi Raikkonen, who was contracted to stay with the Maranello squad for one more season. "With common consent, we have agreed to terminate the contract binding me to Ferrari to the end of 2010," Raikkonen, who is expected to move to McLaren, is quoted as saying in the Ferrari press statement. El Pais newspaper in Spain believes Raikkonen will receive €45 million for the split: substantially more than his agreed 2010 retainer. "I am very sad to be leaving a team with which I have spent three fantastic years," said the 29-year-old, who won the drivers' championship at the end of his first season with Ferrari in 2007. "I have always felt at home with everyone here and I will have many happy memories of my time with the team," Raikkonen added. Ferrari said Alonso's teammate will be Felipe Massa, with Giancarlo Fisichella the reserve driver. Read More
  • Lotus To Replace BMW-Sauber On 2010 F1 Grid

    Lotus To Replace BMW-Sauber On 2010 F1 Grid

    The garage currently occupied by BMW-Sauber will be replaced by a Malaysian-owned 'Lotus F1 Team' in 2010, F1's governing FIA announced on Tuesday morning. But the Paris federation also gave hope to the Hinwil based team, who had also applied for the thirteenth and final 2010 entry in the wake of BMW's decision to quit the sport.

    The FIA described Sauber's application as "impressive", but said Lotus had been selected for the definite 2010 entry because "there are still uncertainties" about the former team's future ownership. Sauber has instead been awarded the "14th place" in the 2010 pitlane, even though at present the sporting regulations...

    The garage currently occupied by BMW-Sauber will be replaced by a Malaysian-owned 'Lotus F1 Team' in 2010, F1's governing FIA announced on Tuesday morning. But the Paris federation also gave hope to the Hinwil based team, who had also applied for the thirteenth and final 2010 entry in the wake of BMW's decision to quit the sport. The FIA described Sauber's application as "impressive", but said Lotus had been selected for the definite 2010 entry because "there are still uncertainties" about the former team's future ownership. Sauber has instead been awarded the "14th place" in the 2010 pitlane, even though at present the sporting regulations and Concorde Agreement allow a maximum of 13 teams. But the 14th place entitles Sauber "to fill any vacancy that arises on the 2010 grid", and in the meantime the FIA will "urgently" commence talks with F1's existing teams about expanding the grid to 28 cars in time for next season. Regarding Lotus, the FIA said a company called 1Malaysia F1 Team has won the 13th entry for a Norfolk (UK)-based and Cosworth-powered team to be headed by Tony Fernandes and technical director Mike Gascoyne. Fernandes is currently chief executive of the Malaysian airline AirAsia, a sponsor of the Williams team. The FIA said that in future, Lotus F1 will be based at Sepang. As for the former BMW-Sauber F1 team, BMW has also announced that that the Hinwil based team will be sold to a Swiss-based foundation. A media statement described the buyer, Qadbak Investments, as representing "the interests of certain Middle East and European based families". "The contract was signed today," said BMW, also revealing that Swiss national Lionel Fischer will head Qadbak's interest. Read More
  • Report: McLaren Mercedes-Benz Collaboration To Continue

    Report: McLaren Mercedes-Benz Collaboration To Continue

    A spokesman for McLaren insists the team's relationship with engine and equity partner Mercedes-Benz is not set to end. It was reported today that Mercedes, already the supplier of customer engines to Brawn GP, is close to buying into the Brackley based team.

    "Both McLaren and Mercedes remain extremely satisfied with our F1 collaboration, which has netted two drivers' world championships and one constructors' world championship as well as dozens of grand prix victories," the spokesman is quoted as saying in a report by the.

    McLaren also said it is "supportive" of Mercedes' engine deals with other teams, amid speculation Red Bull is close to...

    A spokesman for McLaren insists the team's relationship with engine and equity partner Mercedes-Benz is not set to end. It was reported today that Mercedes, already the supplier of customer engines to Brawn GP, is close to buying into the Brackley based team. "Both McLaren and Mercedes remain extremely satisfied with our F1 collaboration, which has netted two drivers' world championships and one constructors' world championship as well as dozens of grand prix victories," the spokesman is quoted as saying in a report by the. McLaren also said it is "supportive" of Mercedes' engine deals with other teams, amid speculation Red Bull is close to signing a deal for German power in 2010. The spokesman added: "Mercedes’ engine supply contract with McLaren is a very long-standing one--it's in its 15th consecutive year, in fact--and it will continue to run for many years to come." However, the report cited 'sources' in suggesting that the Red Bull-Mercedes deal may not be completed if the Brawn reports are true. Sir Frank Williams is on the lookout for a new engine supplier for its Grove based team, and was believed to be first in line for the Renault deal currently in place for Red Bull. If Red Bull however stays with Renault, the fourth Mercedes engine deal would become available. It was reported that Williams was a guest of Mercedes at the Brands Hatch round of the DTM series last weekend. Read More
  • US F1 Confirms YouTube's Hurley As Key Investor

    US F1 Confirms YouTube's Hurley As Key Investor

    The new US F1 formula one team has confirmed that Chad Hurley, co-founder and CEO of YouTube, has signed up on a multi-year arrangement as its "primary investor".

    A press release said Hurley, 33, will "provide visionary guidance and corporate strategy expertise" to the new-in-2010 outfit headed by Ken Anderson and Peter Windsor.

    It was not explained if the deal involves sponsorship by the YouTube video-sharing website, whose relationship with Bernie Ecclestone's Formula One Management has been a difficult one.

    "Getting in on the ground floor of a project of this size and scope is a tremendous opportunity, and I look forward to helping shape...

    The new US F1 formula one team has confirmed that Chad Hurley, co-founder and CEO of YouTube, has signed up on a multi-year arrangement as its "primary investor". A press release said Hurley, 33, will "provide visionary guidance and corporate strategy expertise" to the new-in-2010 outfit headed by Ken Anderson and Peter Windsor. It was not explained if the deal involves sponsorship by the YouTube video-sharing website, whose relationship with Bernie Ecclestone's Formula One Management has been a difficult one. "Getting in on the ground floor of a project of this size and scope is a tremendous opportunity, and I look forward to helping shape the US F1 vision and corporate strategy for years to come," said Hurley. Team principal Anderson added: "Bringing in a businessman with his level of credentials, and experience in developing and fostering a vision for startup companies, is an honour, and we look forward to taking on the formula one challenge together in 2010 and beyond." Sporting director Windsor said: "Chad's commitment to this team is vital and his visionary expertise and leadership will help steer us into the future as we look to attract best-in-class sponsors, drivers, employees and fans in our quest to compete at the highest level of motor sports." Read More

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