BUZZING
Apr 14

IndyCar announce changes to Indy 500 qualifying format

The 98th running of the Indianapolis 500 will take place on May 25, 2014 with Tony Kanaan as the defending champion. (Photo: Scott R LePage/LAT Photographic)

The 98th running of the Indianapolis 500 will take place on May 25, 2014 with Tony Kanaan as the defending champion. (Photo: Scott R LePage/LAT Photographic)

The new qualifying format for the Indianapolis 500 now allows any entry that has not made the field at the end of the first day a chance to make the last row of the grid on the second day.

The IndyCar Series announced the changes Monday.

Apr 14

Haas Automation to sponsor new US F1 team

Guenther Steiner (L), team principal of the new team, and Gene Haas (R), answer questions from the press. (Photo: Jared C. Tilton/Getty Images)

Guenther Steiner (L), team principal of the new team, and Gene Haas (R), answer questions from the press. (Photo: Jared C. Tilton/Getty Images)

Gene Haas has played down the importance of outside sponsorship in getting his F1 team off the ground – and says his machine tool company will finance the operation, at least at the start.

He also says he wants to make the team profitable.

Apr 14

Ford wins big at Barrett-Jackson celebrating 50th anniversary of Mustang

This 2015 Ford Mustang used in the 'Need For Speed' movie sold for $500K at last weekend's Barrett-Jackson auction. (Photo: Tom Jensen)

This 2013 Ford Mustang used in the new “Need For Speed” movie sold for $300K at last weekend’s Barrett-Jackson auction. (Photo: Tom Jensen)

Last weekend’s 12th annual Barrett-Jackson Palm Beach Collector Car Auction was a huge home run on several fronts for Ford Motor Co., which had a strong presence at the South Florida event.

One of the star cars of the show was a totally tricked out 2013 Ford Mustang, which was used in the actual making of the “Need For Speed” movie and is just like the one used in the video game of the same name. The high-performance custom Mustang sold for $300,000 to Dave Flynn of the Flynn Automotive Group in Youngstown, Ohio. All of the proceeds went to benefit the Henry Ford Health System.

Apr 14

Haas still unsure of F1 entry date and engine partner

Gene Haas discusses his plans to enter a team into Formula 1 at the Concord Convention Center in Concord, North Carolina. (Photo: Getty Images)

Gene Haas discusses his plans to enter a team into Formula 1 at the Concord Convention Center in Concord, North Carolina. (Photo: Getty Images)

Gene Haas has spoken at length about his F1 plans for the first time since the FIA granted him an entry.

Haas was accompanied at a press conference by Guenther Steiner, who will be team principal of the Haas Formula organization.

Apr 14

MotoGP: Lorenzo title hopes in meltdown

Jorge Lorenzo had to serve a penalty during the MotoGP Grand Prix of Americas after jumping the start. (Photo: Mirco Lazzari/Getty Images)

Jorge Lorenzo finished 10th after serving a ride-through penalty during the MotoGP Grand Prix of Americas for jumping the start. (Photo: Mirco Lazzari/Getty Images)

With his MotoGP championship bid in meltdown after just two races, Jorge Lorenzo has hit back at critics who claim that “mental disintegration” is central to his problems.

And that’s before he faces the question of whether he can regroup and match the flashy and increasingly fast form of his intense rival Marc Marquez.