Racing

Ferrari has become the first team to officially launch its 2009 F1 race car, revealing it at a low-key event at the company’s Maranello headquarters. The car’s ‘F60’ title is in celebration of the fact the Italian marque is the only to have contested all sixty seasons in the...

The popularity of street-legal trackday cars has waxed over the past decade, bringing such favorites as the Ariel Atom, KTM X-Bow and any number of Lotus Seven-inspired cars. Now the legendary Reynard Racing is applying its chassis-building talents to produce the Inverter, a street-legal track star...

While U.S. carmakers prepare for the 2009 Detroit Auto Show, Honda is readying a range of concepts to show off at the 2009 Tokyo Auto Salon, which celebrates Japan's modified vehicles. The headline concepts are a pair of Sports Modulo cars based on the S2000 and Fit (Jazz). Modulo is Honda's...

Japanese tuning house Matchless Crowd Racing (MCR) has revealed some early shots of its customized 2009 Nissan 370Z – less than a week before the car is due to be unveiled at the Tokyo Auto Salon. The images reveal the new 370Z with handsome aerodynamic modifications and fitted with a MCR...

Earlier this week reports emerged that Mexican billionaire and second-richest man in the world Carlos Slim had all but purchased Honda's F1 team as the Japanese carmaker exits the sport, but Slim has since denied any such interest. That leaves the door open for another possible buyer in the form of...

German racing and engineering firm Reiter Engineering has unveiled a road-going variant of its Lamborghini Gallardo racing car called the GT3 Strada. Reiter Engineering is the factory-backed entry for the Lamborghini team in the FIA GT Championships, and is well known for its development of...

Honda has reportedly found a buyer for its F1 team in the form of Mexican billionaire, and the world's second richest man, Carlos Slim Helu. Earlier this month, Honda announced its withdrawal from F1 following the effects of the current global economic crisis and the need to drastically reduce...

Just when you think there’s nothing more to see or read about Nissan’s GT-R supercar, images of a mysterious prototype start to crop up on the internet. The latest shot depicts a car with several features you would normally find on a GT style race car, leading to speculation that Nissan...

The global economic crisis is taking its toll on many carmakers, including industry juggernaut Toyota, which has forecasted a $1.7 billion loss for the financial year ending March 2009. This will be the carmaker’s first loss in 71 years and to counter it there will be significant cost cutting...

Carmakers are scrambling to slash costs, and the first things to usually go are unnecessary sponsorships as well as motorsport commitments, as Honda demonstrated with its recent withdrawal from F1. Now, Land Rover has confirmed that it will cancel its G4 Challenge in order to focus more on product...

As their name suggests, the tuners at Imola Racing specialize in Ferrari modification, and their latest creation demonstrates their art in a particularly dramatic manner. Building on the base of the already excellent Ferrari 612 Scaglietti, Imola adds a widebody kit and a range of performance...

Despite the global financial crisis, Ferrari has inked a new sponsorship deal with a car manufacturer. The famous Italian formula one team will add Tata, an Indian multinational, to its roster of backers in 2009, president Luca di Montezemolo told Italian media on Wednesday. "For the first time an...

Following Honda’s surprise announcement earlier this month that it was pulling out of Formula One, we now have news that both Subaru and Suzuki will be withdrawing from competing in the World Rally Championship (WRC) next year. Once again, the global economic crisis is being blamed for the...

Five-time World Rally Championship (WRC) winner Sebastien Loeb won today’s 'Race of Champions', held in London's Wembley Stadium. Loeb managed to beat out a veritable who's who of motorsport drivers to come away with the trophy, including seven-time F1 champion Michael Schumacher. While...

German racing and engineering firm Reiter Engineering has unveiled a road-going variant of its Lamborghini Murcielago R-GT racing car. Reiter Engineering is the factory-backed entry for the Lamborghini team in the FIA GT Championships, and is well known for its development of lightweight racing...

Honda has announced that the 2008 season will be its last in Formula One, and that it is looking to sell the team by the end of the year. If no buyer can be found the outfit may simply be shut down. Honda CEO Takeo Fukui broke the news in a statement today in Japan. Fukui's reasons for the decision...

As U.S. and European car sales plummet, developing brand recognition and loyalty in the so-called developing markets of China, South America and Russia is becoming more and more important. To that end, Volkswagen is planning a six-event spec race series in China for 2009, and the company has now...

The youngest Formula 1 World Champion in history, Lewis Hamilton has no shortage of talent behind the wheel. Now that the 'silly season' has arrived, however, he's taken to a more conceptual field, and designed his own personal take on the ultimate F1 circuit. Though the track is thus far nothing...

Australian racing legend Sir Jack Brabham has revealed that he is disappointed that a company in Germany, which he has no association with, is using his name to promote a range of aftermarket performance parts and accessories. The tuning firm is Germany’s Brabham Racing, which plans to...

Volkswagen showcased the breadth of its diesel powered technology today, with the unveiling of two different vehicles both carrying the Touareg nameplate. One is a new clean-diesel version, which meets the most stringent emission requirements of California and will be available in all 50 U.S...