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Texas F1 Promoter Meets The Press
Saturday, 19 Nov, 2011 – 8:50 | Comments Off
Texas F1 Promoter Meets The Press

RacinToday.com
AUSTIN, Texas – Embattled promoter Tavo Hellmund has admitted that organizers of the Formula One United States Grand Prix in Austin, Texas, are in breach of contract over “multiple issues,” specifically a $25-million sanctioning fee due for the inaugural event scheduled for Nov. 18, 2012.
Hellmund addressed a number of issues surrounding the status of Circuit [...]

F1 To Texas Promoters: Show Us The Money
Thursday, 17 Nov, 2011 – 22:36 | Comments Off
F1 To Texas Promoters: Show Us The Money

By John Sturbin | Senior Writer
RacinToday.com
Formula One boss Bernie Ecclestone has given organizers of Circuit of The Americas in Austin, Texas, one week to agree on a contract and produce a letter of credit guaranteeing payment of a $25-million sanctioning fee to stage the U.S. Grand Prix on Nov. 18, 2012.
Without a guarantee or letter [...]

Corvette Prototype Headed To GRAND-AM Series
Tuesday, 15 Nov, 2011 – 16:58 | Comments Off
Corvette Prototype Headed To GRAND-AM Series

RacinToday.com
Chevrolet announced Tuesday that will field a Corvette Daytona Prototype in the GRAND-AM Road Racing Series in 2012.
The Corvette will debut at the Rolex 24 in January at Daytona International Speedway.
Four teams will campaign the new Corvette in 2012: No. 90 Spirit of Daytona Racing; No. 10 SunTrust Racing; No. 99 GAINSCO/Bob Stallings Racing; and [...]

Updated: Austin F1 Track Suspends Construction
Tuesday, 15 Nov, 2011 – 16:48 | Comments Off
Updated: Austin F1 Track Suspends Construction

By John Sturbin | Senior Writer
RacinToday.com
(Editor’s note: The following story has been updated today by its author.)
Organizers of Circuit of The Americas, a $300-million motorsports/entertainment venue being developed in Austin, Texas, abruptly suspended construction Tuesday in a contract dispute involving promoter Full Throttle Productions LP and circuit officials.
Full Throttle Productions, headed by Austin businessman Tavo [...]

F1 Headed To New Jersey
Tuesday, 25 Oct, 2011 – 13:09 | Comments Off
F1 Headed To New Jersey

RacinToday.com
Rumors that a Formula 1 race will be held in New Jersey in 2013 were confirmed during a press conference held on Tuesday.
The New Jersey event will be a street race. It will be held in Hudson County and bordered by the Hudson River. Its backdrop will be the Manhattan skyline, located across the river. [...]

Winterbottom, Lyons Win Gold Coast 600
Sunday, 23 Oct, 2011 – 7:55 | Comments Off
Winterbottom, Lyons Win Gold Coast 600

RacinToday.com
Mark Winterbottom and Richard Lyons gave Ford Performance Racing its first win of the 2011 Australian V8 Supercars Championship at Surfers Paradise Sunday via a late-race pass in the Armor All Gold Coast 600.
Winterbottom, co-driver of the No. 5 Orrcon Steel FPR Falcon, out-braked the race-leading No. 88 TeamVodafone Holden Commodore of Jamie Whincup and [...]

Toyota Prototypes Returning To Le Mans
Friday, 14 Oct, 2011 – 14:50 | Comments Off
Toyota Prototypes Returning To Le Mans

RacinToday.com
Racin’ Notes for Friday:
Toyota Motor Corporation announced its return to major sports car racing on Friday.
Toyota’s return to the Le Mans 24 Hours, 13 years after its last official participation, follows Porsche’s announcement that it is entering in the top category in 2014. Toyota and Porsche will join factory efforts by Audi and Peugeot at [...]

Peugeot Scores Controversial Win At Petit Le Mans
Sunday, 2 Oct, 2011 – 1:00 | Comments Off
Peugeot Scores Controversial Win At Petit Le Mans

FLOWERY BRANCH, Ga. – The Petit Le Mans ended early and in controversy when a battle for the lead left Romain Dumas and his Audi R18 TDI crashed against the barrier on the back straight of Road Atlanta.
The incident, which occurred with 255 miles remaining in the 1,000-mile race, paved the way for a Peugeot [...]

O’Connell Gives Cadillac A Victory
Saturday, 1 Oct, 2011 – 7:21 | Comments Off
O’Connell Gives Cadillac A Victory

By John Sturbin | Senior Writer
RacinToday.com
Hometown star Johnny O’Connell scored a pole-to-checkered flag victory in Friday’s Cadillac Road Atlanta Grand Prix in Flowery Branch, Ga., capping Team Cadillac’s successful road-racing return to the 2011 Pirelli World Challenge series.
O’Connell, driver of the No. 3 Cadillac CTS-V Coupe, led all 29 laps/73.66 miles from pole in the [...]

Peugeot Draws First Blood From Audi At Petit
Friday, 30 Sep, 2011 – 17:36 | Comments Off
Peugeot Draws First Blood From Audi At Petit

FLOWERY BRANCH, Ga. – Anthony Davidson drove the Peugeot 908 to the pole for Saturday’s Petit Le Mans at Road Atlanta, where two of the French factory cars will share the first two rows with the cars of Audi Sport Team Joest.
Qualifying on the the front row with Davidson was Timo Bernhard, who posted the [...]