#Indy

The Chinese have something to learn about watching car racing, and maybe beer drinking too in light of the fact that the race was cancelled for a beer festival.

The 2012 Indy 500 race will undoubtedly be an exhilarating one, airing on ABC with the flag dropping at 12:12 pm EST today.

Jacques Villeneuve, the Canadian Formula 1 world champion and Indianapolis 500 winner, is headed back to NASCAR for the famous Brickyard 400 in Indianapolis.

The IRL IndyCar Series is downsizing its engine formula from the current Honda-made 3.5L V8 to four and six cylinder engines displacing a maximum of 2.4L, a move being considered by other forms of motorsports, including Formula 1.