BUZZING
Jan 16

F1: Bernie Steps Down From F1 Board, Keeps Day Job

As F1 chief executive, Bernie Ecclestone will continue to have his day-to-day responsibilities, but will be subject to closer monitoring than previously. (Photo: Getty Images)

As F1 chief executive, Bernie Ecclestone will continue to have his day-to-day responsibilities, but will be subject to closer monitoring than previously. (Photo: Getty Images)

Bernie Ecclestone has relinquished his role as a director of the F1 Group and thus left the board of the organization.

He will continue to have his day-to-day responsibilities, but will be subject to closer monitoring than previously.

Jan 16

Cars: Thursday Barrett-Jackson Car To Watch — 1969 Dodge Super Bee

Introduced in 1968, the Super Bee was Dodge’s attempt to make an inexpensive and fast performance car out of its otherwise humdrum Dodge Coronet. (Photo: Tom Jensen)

Introduced in 1968, the Super Bee was Dodge’s attempt to make an inexpensive and fast performance car out of its otherwise humdrum Dodge Coronet. (Photo: Tom Jensen)

Mopar muscle cars are red hot at the 43rd annual Barrett-Jackson Collector Car Auction.

On Wednesday, a beautiful 1970 Dodge Challenger crossed the auction block at a hammer price of $92,000, which ranked it as the No. 4 top seller out of the 429 cars sold in the first two days. Not far behind in the No. 6 slot was a 1968 Plymouth Satellite custom convertible that fetched an eye-popping $80,000.

So today, when the quality of cars continues to build and prices continue to rise, we’ll be keeping a special eye out for Mopars.

Jan 16

Cars: Barrett-Jackson Salon Collection — Chevy Corvette Race Car

 The No. 57 Rebel Corvette has been displayed at the National Corvette Museum, Bloomington Gold Special Collection and Corvettes at Carlisle. (Photo: Tom Jensen)

The No. 57 Rebel Corvette has been displayed at the National Corvette Museum, Bloomington Gold Special Collection and Corvettes at Carlisle. (Photo: Tom Jensen)

By Kevin Mackay, Walt Thurn and Matt Stone

An amateur Corvette L88 team beat the world’s best GT cars in this world record holding No. 57 “Rebel” L88 Corvette. The story about how this amazing Corvette became a world- beater begins with two Tampa, Fla., businessmen, Dave Heinz and Or Costanzo. Heinz owned Dave Heinz Imports, a Tampa dealership that sold new Jaguars. Costanzo was the new car sales manager for Ferman Chevrolet.

On weekends both shared a common passion — racing Corvettes. Zora Arkus-Duntov, the famous General Motors engineer turned high-performance department director, was always on the lookout for ways to support successful Corvette teams, including the Heinz and Costanzo Corvette. The fact that Costanzo worked at Ferman Chevrolet helped, giving him open communication to GM.

Jan 16

F1: Ecclestone To Stand Trial On Bribery Charges

Bernie Ecclestone's legal troubles continue. (Photo: Getty Images)

Bernie Ecclestone’s legal troubles continue. (Photo: Getty Images)

Bernie Ecclestone is to face bribery charges, the Munich state prosecutor has confirmed.

The charges relate to the now infamous $44m payment Ecclestone made in 2005 to former banker Gerhard Gribkowksy, who is currently serving an 8 1/2 year jail sentence. Gribkowsky, who was chief risk officer at BayernLB, was found guilty of tax evasion and bribery.