TTAC News Round-Up: Mazda's Crossover Mania, Hyundai Lands a Lambo Man, Toyota is Just The Tops

Newly promoted, high-priced executives at Mazda seem to think there’s something to this crossover fad.

That, Hyundai’s landed a Benjamin Button to lead Genesis and I wish I would have known how cheap I could have purchased an F1 team … after the break.

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COTA Chairman: 'I Think We're Screwed.'

Just weeks following the conclusion of a rain-soaked United States Grand Prix at the Circuit of the Americas in Austin, Texas, certain details are coming to light that threaten the continuation of the event — and quite possibly operation of the facility as a whole.

One of the many pieces that keeps the event in Austin is the state’s Major Events Trust Fund, which has provided $25 million a year to race promoters since COTA began hosting Formula 1 in 2012.

It was believed the annual $25 million payment was assured for at least 10 years, for a total commitment of $250 million, to be paid by the State of Texas. However, a change in government and an audit of how the fund calculates major events payments has meant race organizers received just $19.5 million for 2015, or $5.5 million less than what was expected.

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Jenson Button, Wife, Gassed and Robbed in France

Jenson Button and his new wife were the target of apparent Bond villains last weekend after robbers allegedly knocked the couple and their guests out with gas pumped in through the vents and made away with $465,000 in jewelry, the BBC reported.

The Formula One driver, his wife and their guests, who were all staying in St. Tropez, weren’t injured in the robbery. A spokesman for Button muddled things further (emphasis ours):

“The police have indicated that this has become a growing problem in the region with perpetrators going so far as to gas their proposed victims through the air conditioning units before breaking in.”

So you’re saying this happens a lot? That doesn’t sound right.

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Jules Bianchi, Marussia F1 Driver, Passes Away at 25

Jules Bianchi, a Marussia F1 driver, succumbed to his injuries yesterday after colliding with a tractor at the 2014 Japanese Grand Prix over nine months ago.

The Bianchi family released the following statement:

It is with deep sadness that the parents of Jules Bianchi, Philippe and Christine, his brother Tom and sister Mélanie, wish to make it known that Jules passed away last night at the Centre Hospitalier Universitaire (CHU) in Nice, (France) where he was admitted following the accident of 5th October 2014 at Suzuka Circuit during the Japanese Formula 1 Grand Prix.

“Jules fought right to the very end, as he always did, but today his battle came to an end,” said the Bianchi family. “The pain we feel is immense and indescribable. We wish to thank the medical staff at Nice’s CHU who looked after him with love and dedication. We also thank the staff of the General Medical Center in the Mie Prefecture (Japan) who looked after Jules immediately after the accident, as well as all the other doctors who have been involved with his care over the past months.

“Furthermore, we thank Jules’ colleagues, friends, fans and everyone who has demonstrated their affection for him over these past months, which gave us great strength and helped us deal with such difficult times. Listening to and reading the many messages made us realise just how much Jules had touched the hearts and minds of so many people all over the world.

“We would like to ask that our privacy is respected during this difficult time, while we try to come to terms with the loss of Jules.”

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2016 F1 Calendar Brings Back Germany, Adds Azerbaijan

Next year’s Formula 1 season may have 21 races, including the first in Azerbaijan and a race in Germany after this year’s planned event was cancelled.

The provisional calendar for F1 was released Friday with 21 races scheduled, the same number of races on last year’s provisional calendar. The race on the streets in Baku, Azerbaijan this year would be dubbed the European Grand Prix and could be held in July.

The 2016 season would begin in Australia in April and end in Abu Dhabi in November.

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F1 Fan Study: Everything Is The Same/Different

A Formula 1 study released yesterday shows that in just 5 years fans have gone from describing the sport as “Exciting” to “Boring” and that the more things change, the more things stay the same.

The 17-page report, which polled more than 200,000 fans of the sport, also revealed that fans are growing older and many fondly remember an era that didn’t go over so well in its time.

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Weekend Roundup: Top Gear Show, F1 Show and New Subaru Blue is All Show

As Richard Hammond and James May wrap up the “lost episodes” of Top Gear sans Jeremy Clarkson, the three are rumored to be heading to Netflix with the unsuspended pair turning down deals worth 4 million GBP.

Here’s what caught our eyes over the weekend.

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While You Were Sleeping: Phaeton Axed in UK, Porsche 911 GT With A Stick and GM Is Down in China

The Volkswagen Phaeton, the pride of former chairman Piëch, has been discontinued in the UK. Don’t worry, though, if you’re one of those people who enjoy such understated luxury. Volkswagen is still planning a next-generation version of the car.

Here’s what happened overnight.

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While You Were Sleeping: Cadillac Minuses V8 ATS-V+, Volkswagen Picks Boring Font and Ford Releases Patents Into the Wild

The ATS-V+ rumored by Motor Trend is definitely not happening according to Cadillac spokesperson David Caldwell. The proposed new model would encroach too much into CTS-V territory for comfort.

Here’s what happened overnight.

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This Six-Wheeled Williams FW07D Never Turned A Single F1 Lap in Anger

The Tyrrell P34 wasn’t Formula 1’s only car to sport six wheels. This six-wheeled Williams-Cosworth FW07D was developed by the team in Grove as a bit of aerodynamic trickery, but sported its extra axle behind the driver instead of in front.

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While You Were Sleeping: Cheap Chevy Volt, Tesla and Fisker Do Things Online and Iran Wants F1

Even though the first-generation Chevrolet Volt has had its price slashed every year since its debut, the next-generation range-extended electric vehicle will be priced even lower. This aims GM’s offering squarely at a number of more traditional hybrids.

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Mental At The Money Circus – Race Day

Leave me here

Race Day.

The day prior, we had traded Chad for Susan, today we traded Susan for Joe. Clearly we are trading down; hopefully Sian would be there and brighten the day. The gates don’t open until 11, and after the last three late nights and (relatively) early mornings, we can use the rest.

The opening event is the 2nd GP2 Race. It’s the same as the last three days, the sights the sounds and the smells are getting routine.

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Mental at The Money Circus – Day Three

By day 3, we have gotten wise. After 2 days of going to get the truck and re-park before dinner and the after race concerts this time we try to just park in the final lot across from our grandstands. It works; the truck is in a closer spot in a nightclub just across from our grandstands.

Hopefully the truck is still there this evening.

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New From Caterham: A SUV, And A Subcompact

We may have one of those really rare cases where Formula 1 racing leads to honest, provable new car sales. The UK boutique builder Caterham “is developing a crossover SUV and a subcompact car with Renault, Chairman Tony Fernandes” told Reuters. The cars should be launched “soon after the first sports cars due in 2016 under the Caterham and Renault Alpine brands,” the wire says.

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F1 Report: A Trio of Champions, A Threesome For The Champion

My rant about colorless F1 drivers of the 21st century may have been honored more in the breach than the observance this past weekend; while Lewis Hamilton was doing the interview with David Coulthard at the end of the race, champagne drinker Raikkonen was having a convo with race winner Alonso. When Coulthard asked the two men to share their conversation with the crowd, both of them declined, Kimi snarking a bit a bout “tires”, but the local camera director for the race coverage made sure you could see that Alonso’s stunning girlfriend had a friend with her. Or a sister. Or who the hell knows.

Anybody who watched it happen and still thinks the winner of China had a lot of extra room in his king-size bed last night is being willfully naive. To the winners go the spoils, and our trio of podium finishers each demonstrated why their teammates weren’t standing next to them when it was time to hand out the trophies.

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  • Plaincraig I am in the lower end of ladder of income ($50,000 a year with OT) I do have a house I bought just before the spike and I stayed within my budget. I was going to buy a new car as my 07 PT Cruiser with 240K is on its last legs. But the home insurance and taxes has doubled my house payment in seven years. Now I am looking for a used car. I could afford a new car in 07. I make more money, not much more after inflation adjustement, but darn I really was looking forward to a new car. I guess better to sleep in house at night then a car
  • The Oracle Won’t be in the market for a good bit myself, but I am liking the turbo I6 offerings lately. The 3.0 T6 in my long-retired company 2012 XC60R finally burnt a valve at 280K and I have a 100K motor/trans going back in for $1300 and a lot of sporadic self performed labor. Been a good vehicle, worth a service life extension.
  • MaintenanceCosts Frustrated seller hit his limit with Italian mechanical tomfoolery, lowballed himself. Hopefully he rethinks, because even with all those miles this is worth a lot more than $3k.
  • Fred If real, this car is probably sold or soon will be. Clean out the fuel, diagnosis the electrical, fix what you want and enjoy or flip onto BAT for $30,000.
  • Zerofoo Europe destroys itself every 100 years or so. The next time they do - we should not save them.