Category Archives: people

Trump Economics – Growth Slowing, Unemployment Rising

Posted on 11 September 2025 by Ken Zino

John C. Williams, President and Chief Executive Officer Federal Reserve Bank of New York spoke at the Economic Club of New York on 4 September 2025. The views expressed are his own. However, AutoInformed notes that, regrettably, the data when … Continue reading →

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Magna Names Philip D. Fracassa CFO

Posted on 11 September 2025 by Ken Zino

“I would like to extend my gratitude to Pat for his significant contributions and partnership, particularly during a dynamic period in the global economy and our industry,” said Swamy Kotagiri, Magna President and Chief Executive Officer. “On behalf of the entire Magna team, we wish him the very best in his future endeavors.”

“Phil is a seasoned financial leader with a strong track record of delivering results and driving transformation,” said Kotagiri. “His experience and perspective will be invaluable as we continue executing our strategy and advancing Magna’s financial position. I am looking forward to partnering with Phil on our continued journey,” said Kotagiri. Continue reading →

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A BMW Motorcycle for Pope Leo XIV?

Posted on 9 September 2025 by Ken Zino

BMW today said that on 3 September 2025, a specially modified BMW R 18 Transcontinental motorcycle was presented to Pope Leo XIV for his blessing and signature during a celebratory event at the Vatican. This R 18 Transcontinental bearing the Pope’s signature will be auctioned by Missio Austria via Sotheby’s in October 2025, with the proceeds going to children’s aid projects in Madagascar. Markus Flasch, the CEO of BMW Motorrad and Michael Sommer, head of BMW Motorrad Germany, presented the motorcycle to the Pope for blessing and signing, after the general audience at the Vatican.

“What initially sounded more like a crazy idea has developed into a great charity campaign. I am happy that we at BMW Motorrad can support aid projects for children in Madagascar with our R 18 Transcontinental. I would also like to thank Pope Leo XIV for taking the time to support this project,” said Flasch. Continue reading →

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Ford Performance Rebranded as Ford Racing

Posted on 4 September 2025 by Ken Zino

“This is not a marketing exercise. This is a promise. It signals a new, more focused mission to tear down the wall between our race teams and the engineering of the vehicles you drive every day on and off road. Under one global Ford Racing banner, our engineers and designers will develop our performance road cars right alongside our race cars. The technology that survives the Baja 1000 will be in the DNA of the next F-150 Raptor. The aerodynamic lessons we learn at Daytona and Le Mans will be sculpted into the body of the next Mustang,” said Will Ford.

The move comes during a period of intense change at the upper levels of Motorsport in Formula 1, endurance racing or the World Endurance Championship, and various international and national forms of sports car racing where Ford Motor in the past has had considerable success. This could be a rite pf passage for Will moving him out of the protective family environment into bare-knuckled competitive realms. Continue reading →

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Colton Herta joins Cadillac F1 Team

Posted on 3 September 2025 by Ken Zino

The Cadillac Formula 1 Team announced today that nine-time NTT IndyCar Series race winner Colton Herta will serve as a Test Driver as it prepares to join the F1 grid for the 2026 FIA Formula 1® World Championship season.

“We are delighted to welcome Colton Herta as a Test Driver,” said Graeme Lowdon, Team Principal, Cadillac Formula 1 Team. “Colton is an exceptionally talented racer with proven speed, race craft, and maturity well beyond his years. His experience in top-level American motorsport as part of the TWG Motorsport family makes him an ideal fit for this role, and he will bring valuable and fresh insight, perspective, and energy to our team as we continue to build for the future.” Continue reading →

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Trump Tarriff Chaos – GM EV Sales Set Record

Posted on 2 September 2025 by Ken Zino

General Motors (NYSE: GM) said today that U.S. electric vehicle sales likely set an all-time monthly record in August, as customers rushed to make purchases ahead of the expiration of Federal EV tax credits.*

“August was our best month ever for EV sales – and we expect that buying surge to pay long-term dividends, given our industry-leading manufacturer loyalty, and EV customers’ overwhelming commitment to the technology. I’m grateful to our team and our dealers for helping us outperform nearly every EV competitor,” said Duncan Aldred, GM Senior Vice President and President, North America. Continue reading →

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Oscar Piastri to Auction Race-Used Helmet For Charity

Posted on 28 August 2025 by Ken Zino

Oscar Piastri or Lando Norris, also at McLaren, are the top two and only contenders for the driver’s title this year. “It’s a pleasure to donate my 2024 Bahrain GP race helmet from my personal collection to raise funds for My Room, the children’s cancer charity in Australia, that I am a proud ambassador for. I hope that it will prove a popular item and a significant sum can be generated to go directly towards the tremendous work that My Room does, supporting children and their families in any way they can. My thanks go to F1 Authentics* for their support with all the organization and I can’t wait for the auction to go live on the 7th of October,” Oscar Piastri said. Continue reading →

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Ford Charge Launches at 320 Dealerships

Posted on 28 August 2025 by Ken Zino

Ford Motor (NYSE: F) said today in a confusingly muddled concoction of press release and social media post that “Ford Charge Launches at 320 Ford Dealerships Nationwide.

“When my great-grandparents Rocco and Emanuela Grappone opened their Gulf gas station in Concord, New Hampshire, in 1924 with just one gas pump, they saw an opportunity to support their family by becoming part of the leap forward sweeping the country and experiencing the freedom that comes with owning a car,” said Amanda Grappone Osmer the Dealer Principal of John Grappone Ford in Bow, New Hampshire. Continue reading →

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Formula One – Bottas and Perez to Drive for Cadillac

Posted on 26 August 2025 by Ken Zino

The Cadillac Formula 1® Team today announced the signing of two experienced drivers – 10-time Grand Prix winner Valtteri Bottas* and six-time Grand Prix winner Sergio “Checo” Perez** – to lead the team during its debut season in Formula 1® in 2026. Thus, a Finn and a Mexican will race for the American brand Cadillac next year. The nascent team will operate out of three places: Fishers, Indiana; Charlotte, North Carolina; and Silverstone, UK. Clearly experience is key here: Bottas with his Mercedes background as a driver during the Lewis Hamilton glory years; Perez was a driver at Red Bull team when Verstappen ruled.

“Signing two very experienced racers like Bottas and Checo is a bold signal of intent,” claimed Team Principal Graeme Lowdon. “They’ve seen it all and they know what it takes to succeed in Formula 1®. But more importantly, they understand what it means to help build a team. Their leadership, feedback, race-hardened instincts and of course their speed will be invaluable as we bring this team to life.” Continue reading →

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IndyCar – Rasmussen with Chevy Power Wins Milwaukee

Posted on 25 August 2025 by Ken Zino

Christian Rasmussen driving the No. 21 ECR Splenda Stevia Chevrolet for Ed Carpenter Racing during a late caution period drove past series champion Alex Palou with 16 laps to go to win the Snap-on Milwaukee Mile 250 on yesterday, his … Continue reading →

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Penske Drives His Porsche 963 RSP

Posted on 22 August 2025 by Ken Zino

Porsche AG said today that Roger Penske took the wheel of the Porsche 963 RSP,* a one-off creation bearing his initials, for the first time. The car was later showcased during Monterey Car Week in California before joining his private … Continue reading →

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Production of Ford GT Mk IV Track Day Cars Ending

Posted on 15 August 2025 by Ken Zino

Ford Performance (NYSE: F) said today that it is about release the third and final wave of production of the Ford GT Mk IV. After nearly a decade of hand assembling every Ford GT of this generation in the same facility, this run will mark the end of this line for the road and race cars.

“With the majority of the 67 total units produced already in the hands of customers, Ford Performance is now taking orders on the remaining cars. Created in conjunction with our GT racing partner Multimatic Motorsports, the Mk IV boasts technology that exceeds that of most GT race cars and on-track capabilities unimaginable for the street. The Ford GT Mk IV finds itself perfectly placed as a collector car that will be too thrilling to be kept in the garage,” said Mark Rushbrook global director of Ford Performance. Continue reading →

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BMW Art Car World Tour – Pebble Beach Next

Posted on 14 August 2025 by Ken Zino

The BMW Art Cars by American artists Andy Warhol and Julie Mehretu will be exhibited at this year’s Pebble Beach Concours d’Elegance, BMW said today. The display at the concours marks the beginning of the North America segment of the BMW Art Car World Tour which celebrates the collection in its 50th year globally.

“The display at the concours marks the beginning of the North America leg of the BMW Art Car World Tour, which celebrates the iconic collection in its jubilee year around the globe from Vienna to Hong Kong and Shanghai, from Dubai to Marrakech and Milan. The two BMW Art Cars will travel on to The Bridge and the Hirshhorn Museum in Washington D.C. respectively,” BMW said. Continue reading →

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Avoidable Contact – IndyCar Penalizes Kyffin Simpson

Posted on 8 August 2025 by Ken Zino

IndyCar today announced a six-position starting grid penalty for the No. 8 Chip Ganassi Racing entry for avoidable contact involving driver Kyffin Simpson during the Sunday 27 July 27 race at WeatherTech Raceway Laguna Seca during the Grand Prix of Monterey The penalty comes after a post-race review of the Lap 1, Turn 6 incident with the No. 60 entry of Meyer Shank Racing driven by Felix Rosenqvist. Continue reading →

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Corvette Claims Production Car Records at Nürburgring

Posted on 4 August 2025 by Ken Zino

A Chevrolet Corvette Z06, ZR1 and ZR1X recently ran the 12.9-mile Nürburgring Nordschleife circuit where it’s said, for the first time in the track’s history, an automaker brought three different cars with three non-race-car drivers to record three lap times in a single visit. Three of the Chevrolet engineers who helped develop these cars drove the so-called Green Hell. While amateurs of a sort, all have extensive experience and advanced driving credentials.

“No auto manufacturer has done a Nürburgring lap attempt like this before,” said GM President Mark Reuss. “From development through production, and now at the Nürburgring Nordschleife, the Green Hell, we have clearly shown there is no limit to what our GM engineers and vehicles can accomplish. These are the best Corvettes in history, period.” Continue reading →

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