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Mees Defeats Multiple Adversaries in Atlanta ST Stunner

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WOODSTOCK, GA – October 3, 2020 – (Motor Sports NewsWire) – Progressive American Flat Track legend Jared Mees (No. 9 Indian Motorcycle/Progressive Insurance FTR750) stood triumphant at the conclusion of an absolutely stunning Yamaha Atlanta […]

The post Mees Defeats Multiple Adversaries in Atlanta ST Stunner appeared first on Motor Sports NewsWire.

Espargaro “convinced” he can replicate KTM MotoGP success at Honda

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Pol Espargaro says he is “really convinced” he can replicate his KTM podium success on the Honda in 2021 amid questions asking if he is regretting his next MotoGP move

Donington GP BSB: Qualifying cancelled as Storm Alex rolls in

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Bennetts British Superbike bosses have cancelled today’s qualifying sessions as Storm Alex approaches

How used cars turned Rockingham Motorway Speedway from race track into a gigantic car storage site

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Rockingham Motor Speedway has been transformed from a famous race track into a storage facility for tens of thousands of cars.

When the BTCC racers and superbike riders moved out, the transporters moved in and now covering the huge banked oval race track are family hatchbacks and SUVs as far as the eye can see.

Car Dealer was invited for an exclusive tour of the site by one of its occupants – City Auction Group – who hold a sale there once a week.

The group’s CEO Michael Tomalin showed us around and explained how they had transformed the thrilling race track and its facilities into an automotive remarketing hub.




















City Auction Group was on the site before racing stopped for good, but when it was no longer viable they set about turning the site into an automotive logistics hub.

In our exclusive video above, you can see how the pits have been turned into workshops, where bumpers are swapped and cars painted for Vauxhall before they head back out into the dealer network.

The scrutineering building is now a two-lane auction hall running physical and online auctions of used cars from a variety of vendors.

And the corners and straights of both the national circuit infield and the famous banked oval are now mere car parks for used cars.

But although the site is covered with vehicles as far as the eye can see, much of the infrastructure that made Rockingham so special is still in place.

The totem pole leaderboard still towers over the infield, the condemned stands act as windbreaks for the staff working hard on the site, and even the start finish straight has the lights and winners podium in place.

In our video, Tomalin explains how Rockingham would have died without the remarketers moving in and he said many had ‘tried and failed’ to make the circuit work for motorsport.

‘Financially it wasn’t viable as a race circuit and something had to happen,’ explains Tomalin.

‘If we look at the basics economically, employment has risen times five in the facility, probably even more, and we expect that to develop and grow now as we are on 60-70 per cent utilisation of the territory currently.’

Currently, Rockingham has 15,000-20,000 cars stored on the site and that’s only set to increase.

We heard rumours the current owner – who bought it for a fraction of the £120m it cost to build – is a petrol head and enjoyed racing around the track before it was covered in cars.

Will Rockingham ever see competitive racing again? 

Tomalin says that’s a ‘romantic notion’ but unlikely to ever happen, but with the track and infrastructure still largely in place there’s nothing to stop it happening at some stage once again in the future.

The post How used cars turned Rockingham Motorway Speedway from race track into a gigantic car storage site appeared first on Car Dealer Magazine.

What is Rivian? What does it build and is the brand coming to the UK? Long Way Up support truck maker in detail

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Rivian. It’s a name you might have heard a little about but aren’t quite sure what is it or what it offers.

You might even have seen Rivian making an appearance on Long Way Up – the latest Ewan McGregor and Charley Boorman adventure series airing on Apple TV.

Or it might be a name that has passed you by.

Either way, we reckon you’re going to be hearing a lot more about Rivian over the next few years.

Why is Rivian big news?

It’s a new company that aims to disrupt the automotive scene with pure electric vehicles launched under a cool brand.

And where have you heard that before? That’s right – Tesla. But surely, you’re crying, there are plenty of start-ups that look to Tesla and think they can do something similar, what makes Rivian different?

What is Rivian?

Before we come onto why Rivian needs to be taken a little more seriously than other new brands, it’s worth telling the story of how it started.

It was founded by 37-year-old Robert ‘R.J’ Scaringe who dreamt of starting his own car company when he was a teenager. He began the firm more than 10 years ago with the idea to build an all-electric sports car (just like Tesla), but the company went quiet and that could have been it.

Then, in mid-2018, Rivian was back. This unheard of brand turned up at the LA Auto Show and announced plans to build an all electric pickup called the R1T and an all-electric SUV called the R1S.

A lot has happened since 2018, though.

What is Rivian working on now?

It’s readying the R1T (which appeared in Long Way Up) and the R1S, but it has quite a lot on its plate.

Scaringe has raised $1.7bn from Amazon and $500m from Ford. Amazon has placed a $5bn order for 100,000 fully electric delivery vans as part of its ‘Climate Pledge’, while Ford will build a new Lincoln SUV in partnership with Rivian.

Apart from those ‘small’ projects, Rivian has also said it plans to build a rally-car-style vehicle as its third model.

Rivian has also been on a hiring spree and pinched employees from Tesla, Ford, Faraday Future and McLaren Automotive.

Its workforce is around the 750 mark and its chief technology officer is Mike Bell – the man who played a key role in launching the iPhone.

Are the vehicles real?

They most certainly are. While Elon Musk is well known for blurting out ambitious sales targets, Rivian is a lot more subtle.

Scaringe has gone on record saying 2021 will be the first year of production for its vehicles and between 20,000 and 40,000 units will be made. That’s no small number. The challenges are great for the start-up especially with Ford and Amazon investing in the company, with the two firms expecting high quality products that will hit the ground running.

What are the Rivian R1T and R1S?

The R1T is designed to be a tough, very rugged and pure electric pick-up – and Rivian will probably beat Tesla to the spoils in being the first to build a pure EV pick-up.

The R1S is the more intriguing as this will take on not just Tesla, but the established names in the SUV world like Land Rover and Jeep.

It’s about the same size as a Tesla Model X or an Audi Q7 and has a few Range Rover design cues. It’s based on a new platform – naturally – and the batteries sit within the floor.

Three batteries will be offered – 105kWh for a 240-mile range, 130kWh for a 310-mile range and 180kWh to give a range of 420 miles. Charging will be quick, taking 40 minutes to get 200 miles.

It’s designed to be excellent off-road so the R1S gets four electric motors – one for each wheel, aiding off-road traction.

Combined power output will be well over 700bhp and Rivian says the Porsche Cayenne Turbo has been benchmarked for on-road performance and of course Land Rover products off-road.

Will Rivian be coming to the UK?

Short answer, yes.

Production will be in the US at an old Mitsubishi factory and will begin early in 2021. The US market will be prioritised first but a European launch is expected in 2022 along with UK, right-hand drive sales.

A guide price for the R1S SUV would be at least £70,000.

What about a UK dealer network?

This is one we don’t know the answer to, but we would guess Rivian would adopt a Tesla-style operation of online sales backed up by a network of physical service centres.

The post What is Rivian? What does it build and is the brand coming to the UK? Long Way Up support truck maker in detail appeared first on Car Dealer Magazine.

Oct 3 round-up: Brexit deal optimism; Mortgage help for youngsters; Tycoons buy Asda; Electric Volvo

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  • Here are the headlines on Saturday, October 3

PM ‘optimistic’ about Brexit trade deal 

Boris Johnson said he is ‘pretty optimistic’ about striking a trade deal with the European Union as he prepares to discuss progress in the talks with European Commission president Ursula von der Leyen.

The Prime Minister is due to take stock of the negotiations in a conference call with von der Leyen on Saturday following the final scheduled round of talks between Brussels and the UK this week.

Her remarks that talks need to ‘intensify’ have sparked speculation that an agreement could be reached before Johnson’s deadline of the EU Council meeting on October 15.

Citroen confirms pricing for e-Spacetourer

The new electric Citroen e-Spacetourer will be priced from £45,600 after the plug-in car grant and is available for orders now.

It’s available in two trims, with the less expensive called Business and being focused on fleet buyers. It gets seating for up to nine and has hard-wearing floors for better durability.

The other trim is called Feel and aimed at families, with prices starting at £46,250. This gets a child observation mirror, load restraint net, rail-mounted rear seats, and automatic dual-zone climate control. It can do 143 miles per charge.

PM wants to create ‘Generation Buy’ 

Boris Johnson has said he wants to create a ‘Generation Buy’ where young people are helped to purchase homes with mortgages requiring low deposits.

In an interview with The Telegraph, the Prime Minister said he believed a huge number of people felt excluded from home ownership in the UK.

But he said his government would fix the issue by helping people get onto the property market with low-deposit mortgages.

Petrol station tycoons to take control of Asda in £6.8bn deal

The billionaire brothers behind petrol forecourt firm EG Group and private equity firm TDR Capital have won the £6.8bn takeover battle for supermarket giant Asda.

Walmart, the supermarket chain’s US owner, has accepted a bid led by Lancashire brothers Mohsin and Zuber Issa following a lengthy auction process.

Walmart will retain a minority stake in Asda as part of the agreement. The new owners have committed to keeping the retailer’s headquarters in Leeds and said they will invest to grow its convenience and online operations.

More than 90,000 jobs at risk, events companies warn

The events sector has warned the government that 90,000 jobs will be lost in the coming weeks if it fails to provide further financial support.

In a letter to the Prime Minister, 334 companies in the events and exhibitions industry said they face an ‘existential threat’ after ministers decided to close events for another six months.

The group, including the NEC, ExCeL London and the O2, called for an urgent package of support measures.

Volvo begins production of its first electric vehicle

Volvo has announced that production of the XC40 Recharge P8, the firm’s first electric vehicle, has begun at its factory in Ghent, Belgium.

The Swedish car maker says it has sold out of this year’s allocation of cars and is now taking orders for deliveries in 2021.

The XC40 Recharge is built on the same Compact Modular Architecture (CMA) as the regular petrol-powered models, adapted for an electric powertrain. It has a claimed range of 249 miles and makes 403bhp.

Tui mulls capital raise after trading hammered by pandemic

Travel giant Tui has said it is mulling a capital raise after the holiday sector was hammered by the pandemic.

However, the company said it would be ‘significantly lower’ than the £910m to £1.35bn mentioned in press reports.

It comes shortly after the business received a £1.1bn injection of state aid from the German government to see it through the tough winter period.

FTSE outperforms rivals as global markets sunk by Trump illness

After trading in the doldrums all day after the news that US President Donald Trump has tested positive for Covid-19, the FTSE 100 rallied in the afternoon as markets opened across the pond.

The UK’s top index ended the day up 22.67 points to 5902.12, a rise of 0.4 per cent. Frankfurt’s Dax closed down by 0.3 per cent and the Cac in Paris ended the day flat.

Digital euro considered by bank

The European Central Bank has taken a step closer to issuing a digital version of the euro, saying it has to be ready to launch digital money if a changing world requires it.

A digital euro would be different from current cashless payment systems run by the private sector because it would be official central bank money.

A central bank digital currency could also be used offline, for instance, to transfer small amounts between individuals using digital wallets on their phones. The bank said no decision has been made and that any digital euro would complement cash, not replace it. 

Heavy rain warnings

The BBC says much of the UK will have a cloudy and very wet day with prolonged and heavy rain. The far-west, including Northern Ireland, will stay drier. The far southeast may become brighter later on.

Much of England, Wales and Scotland will remain unsettled tonight with further heavy rain at times. Wales and southwest England will be windy. Northern Ireland will also become wet and windy.

Much of the UK will have further rain at times tomorrow, heavy in places. Southern England will feel chilly with fresh to strong winds. Southern Scotland will have the best of any brighter weather.

The post Oct 3 round-up: Brexit deal optimism; Mortgage help for youngsters; Tycoons buy Asda; Electric Volvo appeared first on Car Dealer Magazine.

Rea only has his mind set on winning this weekend in France

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“I still have to talk to the team, but I don’t want to know where Redding is in the race. With these conditions you have to stay more focused, but I’m fast. Good that young riders like Gerloff and Rinaldi are emerging.”

Quartararo: “Valentino Rossi is my role model, I’d like to be like him”

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“I learned a lot from him but also from Marc Marquez, who is very strong mentally and the best rider at the moment”

Day 1 leader Gerloff happy in Yamaha GRT, but would love to move to the factory team

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“I don’t know what will happen, at the moment I have to stay focused on the races. The track is really nice, it wasn’t complicated to learn, I did some research before coming here”

Bautista (Honda) struggling with rear grip problems and the cold conditions at Magny-Cours

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“In the afternoon we made some small steps forward to improve in this sense, but the low temperature is not helping. The team and Honda are doing a great job, I’m confident for the next races.”
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