Tag: McLaren

Mahindra Racing to power ABT Sportsline’s return to Formula E World Championship

After eight years of competing at the highest level, Mahindra Racing has announced its first customer racing programme. The Indian team, which has been net carbon zero since inception, has committed to providing the powertrain to FIA ABB Formula E World Championship-winning team ABT Sportsline for its return to the all-electric racing series. From 2023,… Continue reading Mahindra Racing to power ABT Sportsline’s return to Formula E World Championship

Luxury Cars Market Size to Grow by USD 78.32 billion, 37% of Market Growth to Originate from APAC – Technavio

NEW YORK, July 27, 2022 /PRNewswire/ — The luxury cars market is fragmented, and the vendors are deploying growth strategies such as increasing their production capacity by opening new manufacturing plants or expanding existing plants to compete in the market. The market size is expected to grow by USD 78.32 bn between 2021 and 2026.… Continue reading Luxury Cars Market Size to Grow by USD 78.32 billion, 37% of Market Growth to Originate from APAC – Technavio

Zoox robotaxi with supercar DNA rolls toward SF, Vegas, Seattle streets

The Zoox robotaxi has more in common with a supercar than you think. Look past the Zoox’s breadbox-shaped exterior and inside is the same carbon fiber cabin that can be found in a McLaren. “Yes, we know that supplier very well,” Andy Piper, Zoox’s VP of vehicle development, told TechCrunch, when it’s pointed out that… Continue reading Zoox robotaxi with supercar DNA rolls toward SF, Vegas, Seattle streets

Here’s Why We Can’t Wait For The Noble M500 – HotCars

The Brits are known for many things: tea and biscuits, beans on toast, the Royal family and the world’s most notorious spy, James Bond. But Gearheads also know that the United Kingdom is a leader in the automotive industry, designing and manufacturing some of the most spectacular and iconic luxury cars like Aston Martin, Range… Continue reading Here’s Why We Can’t Wait For The Noble M500 – HotCars

Michael Andretti Wants F1 to Make Room for a New Team

Formula 1’s popularity in the United States has accelerated in 2022, making it a vital market that the sport’s bosses are eager to grow. As of 2023, there will be three U.S. races, in Miami; Austin, Texas; and Las Vegas. But Formula 1 has only one American team, Haas, which is based in England, and… Continue reading Michael Andretti Wants F1 to Make Room for a New Team

Saudi wealth fund to become Aston Martin’s second-largest shareholder with 17% stake

Aston Martin‘s shares jumped 20% on Friday after the British luxury carmaker announced an capital raising that will see Saudi Arabia’s Public Investment Fund (PIF) become its second-largest shareholder with an almost 17% stake. PIF’s 78 million pound investment, together with a 575 million pound rights issue, will allow the 109-year-old company lower its debt and… Continue reading Saudi wealth fund to become Aston Martin’s second-largest shareholder with 17% stake

Aston Martin considers Mercedes, Lucid and Rimac EV platforms

This platform is expected to feature a cell-to-chassis design that integrates the battery pack into the structure itself to lower the centre of gravity, and accommodates motors developed by British firm YASA – based in Oxford, intriguingly just 35 miles from Aston’s Gaydon HQ. However, Mercedes’ stake in Aston now comes second to that of the Saudi… Continue reading Aston Martin considers Mercedes, Lucid and Rimac EV platforms

10 Coolest Upcoming Cars Every Gearhead Should Know About – HotCars

The last decade was incredible for the global auto industry. With competition at an all-time high, manufacturers built many incredible supercars in an attempt to outshine their competitors, resulting in icons like the Bugatti Chiron, McLaren Speedtail, and Ferrari LaFerrari, to name a few. RELATED: 10 Chinese Concept Cars That Could Change The GameThe rate… Continue reading 10 Coolest Upcoming Cars Every Gearhead Should Know About – HotCars