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The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Nov 26 2010, 12:51 PM

Formula 1 evil villain head honcho Bernie Ecclestone was injured after a mugging that took place outside his London home. Ecclestone suffered a head injury after being kicked and punched on Wednesday night. The muggers made off with jewelery and watches.

One police source said that he was confident that Ecclestone was specifically targeted due to his high profile and immense wealth. Ecclestone has previously had the wheels of his Mercedes-Benz stolen from outside his London home.

 |  Oct 15 2010, 11:55 AM

Russia has tried for some time to get a Formula 1 race, and with their hosting of the Winter Olympics in 2014 and the World Cup in 2018, it looks as if the country will finally get a race starting in 2014.

The plan calls for a race in Sochi, site of the 2014 Winter games, as Russia can make use of the tourist infrastructure being installed for the games. The fact that Sochi is a world renowned resort on the Black Sea doesn’t hurt either.

Russians are pretty big car fans to start with, and like to partake in certain, unsanctioned forms of motorsports. We think Formula 1 will be a big hit, and with Renault pilot Vitaly Petrov as Russia’s first Formula 1 driver, the business case gets stronger by the second.

[Source: Bloomberg]

 |  May 25 2010, 1:48 PM

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The “Live Music Capital” of America is set to become the new home of the United States Grand Prix, as a surprise announcement broke today, naming Austin, Texas as the site of Formula 1′s return to America.

The deal would see the Grand Prix remain in Austin from 2012 to 2021. Most interesting is that the race will apparently be run on an all-new track rather than just a temporary street circuit. In a press release on the official Formula 1 website, Bernie Ecclestone mentioned that the track would be built from “the group up” rather than a street course like previous U.S. Grands Prix.

“For the first time in the history of Formula One in the United States, a world-class facility will be purpose-built to host the event.’ Ecclestone said.  ”It was thirty years ago that the Formula 1 United States Grand Prix was last held on a purpose-built permanent road course circuit in Watkins Glen, NY (1961-1980), which enjoyed great success. Since then, Formula One has been hosted by Long Beach, Las Vegas, Detroit, Dallas and Phoenix all on temporary street circuits. Indianapolis joined the ranks of host cities in 2000 when they added a road course inside the famed oval. Lewis Hamilton won the last Formula 1 United States Grand Prix™ in 2007, signalling the end to eight years at Indianapolis Motor Speedway. This however, will be the first time a facility is constructed from the ground up specifically for Formula One in the US.”

[Source: Formula 1]

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 |  May 21 2010, 10:58 AM

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It’s been three years since Formula 1 last raced on American soil at Indianapolis Motor Speedway, but the owners of the exclusive Monticello Motor Club (essentially a country club with a race track rather than a golf course) are hoping that the sport will return to the United States at their venue.

According to a report in Autoweek, Ari Strauss, president of the Monticello Motor Club, has been sending overtures to F1 head honco Bernie Eccelstone, and has secured the blessing of F1 track architect Herman Tilke. Strauss, who is trying to obtain support from local, state and federal politicians, noted that “…securing F1 is like winning the Olympics; competition is fierce, and this is not a done deal.” Monticello is in a good position, since it’s 90 minutes from Manhattan and 10 minutes from a major airport. Hit the jump to read the full text of Strauss’ letter to club members regarding the race.

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 |  May 20 2010, 12:13 PM

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FIA President Jean Todt is looking at re-instating the 107% rule as a means of whipping chronically under-funded under-performing teams into shape. The 107% rule gets its name from the stipulation that in order for a driver to qualify for a race, he must obtain a qualifying time within 107% of the polesitter’s time.

The gulf between the “have’s” and “have not’s” is substantial, with many of the new-for-2010 entrants facing potential exclusion from competition. The 107% rule hasn’t been in place since 2002, and introducing it mid-way through the season would require unanimous approval from all teams, something that would have a snowball’s chance in hell of happening. Expect it to come next season, if it’s approved by 70% of the teams in an off-season vote.

[Source: Autoblog]