News

Associated Press Jun 18, 2024, 03:21 PM ET Open Extended Reactions Arrow McLaren made yet another driver change Tuesday when it signed 19-year-old Nolan Siegel to drive the remainder of the IndyCar season. He will be the third driver to race the No. 6 this year. Siegel will replace F2 champion Théo Pourchaire beginning this

In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd. April 6, 2005 in Haikou, Hainan Province, China. China Photos | Getty Images DETROIT – The traditional Detroit automakers

Jun 18, 2024, 02:35 AM ET Open Extended Reactions Brad Pitt is set to star as an F1 driver making a comeback. Lisa O’Connor/Variety via Getty Images Brad Pitt’s as-yet unnamed Formula One movie will be released globally on June 25 next year, with a North American debut two days later, F1 and Apple Original Films

In this article UBER NVDA Follow your favorite stocksCREATE FREE ACCOUNT Raquel Urtasun, Founder and CEO of Waabi. Courtesy: Waabi Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi’s latest funding round also includes Nvidia, a new investor

Laurence Edmondson, F1 EditorJun 17, 2024, 11:26 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Writing Formula One‘s rule book is a thankless task. On the one hand, you have the objectives of 10 warring teams, six image-conscious engine manufacturers and tens of millions of fans; and

Car payments have skyrocketed in recent years due to a combination of high prices and high interest rates. While some relief may come soon, industry insiders say prices may still remain high for quite some time. As of May, customers were paying, on average, $760 a month for an auto loan, according to Moody’s Analytics.

In this article F Follow your favorite stocksCREATE FREE ACCOUNT An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023. Nathan Howard | Getty Images Ford Motor is ending a controversial electric vehicle dealership program that initially asked store owners to invest upward of $1 million to

Jun 16, 2024, 12:02 PM ET Open Extended Reactions Ferrari won the 24 Hours of Le Mans for the second year in a row on Sunday after a battle with Toyota to the finish of the 92nd edition of the endurance race. Almost out of fuel and on a wet track, Denmark’s Nicklas Nielsen took

In this article F GM TSLA Follow your favorite stocksCREATE FREE ACCOUNT A used 2020 Tesla Model 3 is available for sale on a CarMax lot on March 10, 2022 in Burbank, California.  Mario Tama | Getty Images News | Getty Images Back in February, used electric vehicle prices dipped below used gasoline-powered vehicle prices

In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT  Jeep Wagoneer S Trailhawk EV concept Michael Wayland / CNBC AUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, as the automaker attempts to leverage the quintessential American SUV brand for increased profits. The

In this article STLA STLA Follow your favorite stocksCREATE FREE ACCOUNT Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company’s investor day at its North American headquarters in Auburn Hills, Mich. Michael Wayland / CNBC AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant”

Laurence Edmondson, F1 EditorJun 9, 2024, 09:58 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions MONTREAL — If Max Verstappen secures his fourth Formula One world championship with multiple races remaining at the end of this year, it might be easy to forget just how hard he

The Chinese auto sector is increasingly making global automakers and politicians hot under the collar. In the early 1980s, the Chinese auto industry barely existed. Today the country has the capacity to make about 40 million vehicles annually — enough to supply half the world. Only about 25 million cars sold in the country in

Laurence Edmondson, F1 EditorJun 14, 2024, 12:51 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Andrea Kimi Antonelli is the leading candidate for Mercedes’ vacant seat in 2025. Getty The minimum age at which a driver can compete in Formula One has been lowered from 18 to 17,

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. Tomohiro Ohsumi | Getty Images News | Getty Images Japan’s largest carmaker Toyota has

Associated Press Jun 13, 2024, 09:26 AM ET Open Extended Reactions Fox Sports has acquired the rights to broadcast IndyCar starting in 2025, a move that gives the network two of the biggest races in the world with the Indianapolis 500 and NASCAR’s Daytona 500. Fox Sports already broadcasts the first half of the NASCAR

In this article ZE594-CN Follow your favorite stocksCREATE FREE ACCOUNT New energy vehicles for export at Lianyungang Port, Jiangsu Province, China, on April 25, 2024.  Nurphoto | Nurphoto | Getty Images Automotive companies in China sold more cars than their U.S. counterparts for the first time last year, boosted by BYD and growth in emerging

Marshall Pruett, Racing columnistJun 13, 2024, 09:35 AM ET Open Extended Reactions The Penske Porsche Motorsport entry, fore, is made up of a team split between North Carolina and Germany. James Moy Photography/Getty Images If the FIFA World Cup has a sporting relative in motor racing, it’s the 24 Hours of Le Mans. The annual mid-June

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT This illustration image created on June 12, 2024 in Los Angeles, shows South African businessman Elon Musk’s campaign launched on X ahead of Tesla shareholders meeting in front of his picture on a screen. Electric vehicle company Tesla kept up the campaign to win last-minute

Associated Press Jun 9, 2024, 06:25 PM ET Open Extended Reactions ELKHART LAKE, Wis. — Will Power pondered retirement last year as his wife battled a near deadly staph infection that had the Australian wondering if he needed to focus on his family’s future. “She almost died,” Power said. “You start thinking, ‘Yeah, I’m going

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Tesla’s annual meeting on Thursday in Austin, Texas, will feature a final vote on a contentious proposal

Laurence Edmondson, F1 EditorJun 9, 2024, 06:37 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions MONTREAL, Canada — Max Verstappen revealed a groundhog nearly cost him victory at the Canadian Grand Prix when it crossed the track in front of his car on lap 32 of the

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds by claiming

Jun 10, 2024, 03:28 AM ET Open Extended Reactions Sergio Perez retired in the pits in Sunday’s Canadian GP in Montreal. Getty Sergio Perez will have a three-place grid penalty at the next Formula One race in Spain after the Mexican drove his car in an unsafe condition at Sunday’s Canadian Grand Prix. The offence also

A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | Getty Images Shares of European carmakers fell on Wednesday following a report that some of the world’s largest auto manufacturers face possible lawsuits in Britain

Jun 10, 2024, 11:14 AM ET Open Extended Reactions Fans made their way onto the track at the Canadian Grand Prix. Qian Jun/MB Media/Getty Images The Canadian Grand Prix promoter has said it will investigate and take action after spectators invaded the track before the end of Sunday’s Formula One race at Montreal’s Circuit Gilles Villeneuve.

General Motors approved yet another stock buyback — adding to our frustration that portfolio name Ford has yet to embark on a repurchase program of its own. GM on Tuesday announced a new $6 billion buyback — weeks before its November $10 billion repurchase authorization is set to be completed. “I’m very upset with Ford,”

Laurence Edmondson, F1 EditorJun 10, 2024, 11:42 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions MONTREAL, Canada — Esteban Ocon described Alpine’s team orders at the end of the Canadian Grand Prix as “unexplainable,” insisting he is the “nice guy” in an increasingly tense and difficult situation

TOPSHOT – People look at a BYD Seagull car by Chinese electric vehicle (EV) manufacturer BYD Auto at the Bangkok International Motor Show in Nonthaburi on March 27, 2024. (Photo by Lillian SUWANRUMPHA / AFP) (Photo by LILLIAN SUWANRUMPHA/AFP via Getty Images) Lillian Suwanrumpha | Afp | Getty Images The European Union is expected to

Ryan McGee, ESPN Senior WriterJun 10, 2024, 10:40 AM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions Tony Stewart’s Stewart-Haas Racing will cease operations at the end of the season. Jared C. Tilton/Getty Images Racers, start your valuations. After months