News

2:41 PM ET SPIELBERG, Austria — Lewis Hamilton has questioned why fans at the Austrian Grand Prix cheered after he crashed out of qualifying on Friday evening. Hamilton lost control of his Mercedes in Turn 7 and crashed into the barriers lining the outside of the track. The impact was severe enough to damage his
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North America’s auto industry is already weary from two years of supply chain troubles and pipeline interruptions on parts and vehicles. But things could now get a bit worse. The labor contract between the Pacific Maritime Association and the International Longshore and Warehouse Union expired July 1, and that could squeeze inbound inventories even tighter.
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2:45 PM ET Associated Press Matt Kenseth wasn’t sure he was ready to retire from NASCAR competition the first time in 2017, when his seat was given to a younger driver. Kenseth was still winning race when he stepped away as a two-time Daytona 500 winner and the 2003 Cup champion. In fact, he won
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North America’s auto industry is already weary from two years of supply chain troubles and pipeline interruptions on parts and vehicles. But things could now get a bit worse. The labor contract between the Pacific Maritime Association and the International Longshore and Warehouse Union expired July 1, and that could squeeze inbound inventories even tighter.
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4:28 PM ET Max Verstappen responded to Lewis Hamilton’s dig about not being a sensible driver by saying it is reassuring that even a 37 year old can learn how to take a corner properly. Hamilton battled cleanly with Charles Leclerc at the British Grand Prix and praised the Ferrari driver for being “sensible”, saying
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Self-driving tech company Argo AI said it laid off about 150 employees on Thursday. In a written statement, an Argo spokesperson said the layoffs were part of “prudent adjustments to our business plan” as the company plotted for future growth. Former Argo employees who worked in the company’s human resources, recruiting, technical sourcing and communications
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7:40 AM ET Red Bull has clarified that Juri Vips has lost his test and reserve driver roles with its Formula One team but remains part of the driver programme despite using a racial slur on a livestream last month. Vips’ contract for those roles was terminated on June 28 after a week-long investigation into
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Volkswagen Group has added a slew of additional underwriters as it pushes ahead with the planned initial public offering of its Porsche sports car unit, people with knowledge of the matter said. BNP Paribas, Deutsche Bank and Morgan Stanley were selected as senior joint bookrunners, the people said. Barclays, Banco Santander, Societe Generale and UniCredit
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4:09 PM ET Associated Press NASCAR on Wednesday penalized Noah Gragson for a deliberate and dangerous crash he caused in the Xfinity Series race at Road America. Gragson, who turns 24 later this month, was docked 30 points and fined $35,000 by NASCAR for intentionally crashing into Sage Karam on Saturday at the road course
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