Magnaflow Exhaust Systems - 16944 on 2040-parts.com

Earle stays with Monterey Historics for another year

Maybe the 2010 Historics won't be so different after all. Last week, the day after the Monterey Historics concluded, founder and producer Steve Earle announced that he and his company, General Racing, would no longer be producing that well-loved event. But on Thursday, in an interesting change, Mazda Raceway Laguna Seca announced that Earle will be one of five selection-committee members planning next year's Monterey Historics race.

Mercedes confirms electric AMG SLS

By Richard Webber First Official Pictures 17 July 2009 09:46 Mercedes’ new AMG SLS – the gullwinged  GT supercar due to appear at the 2009 Frankfurt motor show – is going electric as engineers develop an emissions-free battery powered SLS as an alternative to the 563bhp V8. The eco SLS will have an electric motor powering each wheel, producing a total of 526bhp. Needless to say, for now it remains an engineering prototype – but a spokeswoman told CAR that Mercedes was intent on putting it into production.

Wiedeking to be offered $140 million to quit Porsche, report says

Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday. The newspaper said Wiedeking has been visited by Porsche Chairman Wolfgang Porsche in the past few days, who “made it clear” that the embattled CEO should step down. Wiedeking has come under fire for allowing Porsche's holding company to amass debts of more than $12.7 billion (9 billion euros) during a failed attempt to take over VW.