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11:09 AM ET The FIA will not release the findings of its audit into Formula One’s 2021 budget cap spending until Monday. Last year’s cap has become the biggest talking point in the sport, with rumours Red Bull and Aston Martin overspent the $140 million limit last year gaining traction in the build-up to the
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1:48 PM ET Associated Press Ex-Formula 1 boss Bernie Ecclestone faces trial in October next year accused of failing to declare more than £400 million in a trust in Singapore to the U.K. Government. Ecclestone, 91, appeared at Southwark Crown Court on Tuesday charged with a single count of fraud by false representation between July
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Car haulers are pushing the Biden administration and lawmakers to increase truck weight limits on U.S. highways so they can transport more heavy electric vehicles, a move fiercely opposed by the rail industry and safety advocates who say the heavier loads are significantly more dangerous. Even before a recent spike in EV sales, U.S. roads
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8:03 AM ET Red Bull boss Christian Horner is confident his team did not break Formula One’s budget cap last year. Horner was furious over accusations, ahead of Sunday’s Singapore Grand Prix, that Red Bull breached last year’s $145 million cap, which would lead to sanctions against his team if true. 1 Related On Wednesday,
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In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Electric vehicle maker Rivian Automotive said Monday that it
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4:34 AM ET Sergio Perez’s Singapore Grand Prix victory was “world class” and his best drive yet in Formula One, Red Bull team boss Christian Horner said on Sunday. The race ended with Perez subject to a stewards’ investigation for possible safety car infringements, but with the eventual five-second time penalty making no difference to
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DETROIT — Jeep provided a glimpse into its electrification plans during the Detroit auto show with previews of the Wrangler-inspired Recon off-roader and the sleek Wagoneer S that will expand its line of upscale utility options. These vehicles are part of an ambitious battery-electric vehicle launch schedule looming for Jeep parent Stellantis, the product of
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