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Mazda signs deal with Discovery Velocity to broadcast MX-5 Cup and other races

The Playboy MX-5 Cup is the best racing no one's watching, says Mazda, because it's not on television. The company changed that on Wednesday by inking a deal with the Discovery Velocity channel. Deep cable jokes aside, the MX-5 Cup does present some of the best parity in racing, as well as drivers racing for the love of the sport.

GM's Henderson says no decision yet on bankruptcy

General Motors CEO Fritz Henderson said today the company has not decided whether to file for bankruptcy protection, but that preparations continue in case such an action is necessary. "We have until June 1, and if we can't do it between now and June 1 then we do it in bankruptcy," Henderson said during a morning teleconference with journalists. Still in his first month at the helm after the March 30 departure of CEO Rick Wagoner, Henderson said he wasn't sure who would make the decision.

Fiat Launches Racy New Range Of Abarth 500s

NEW colours, more technology and a host of other changes feature in the latest range of Abarth 500 cars for 2014. The new range has just been launched as part of a tie-in with the infamous Gumball 3000 supercar event, which visited Edinburgh and London recently as part of an international tour. While the endurance road trip featured some of the world’s most exotic supercars, many of the loudest cheers were reserved for the fleet of Abarths – the new 695 biposto, a 595 Competizione, 595 Turismo and 595 50th Anniversario – taking part in the event.