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Natural Balance Pet Foods, Ford to break parade-float record

While most of us are home on Jan. 2, working off a two-day sports hangover, the 123rd Tournament of Roses Parade will take place in Pasadena, Calif., with the world's heaviest and longest parade float--powered by a 6.8-liter Ford V10. The Natural Balance Pet Foods float will measure 116 feet at its longest point and weigh in at 100,000 pounds, all of which is certified by the book of Guinness World Records.

Panoz confirms new Abruzzi road car

The recurring rumor is now put to rest. Don Panoz, founder of Panoz Auto Development and the American Le Mans Series, said on Monday that the latest Panoz sports car--the Abruzzi “Spirit of Le Mans”--will be formally unveiled in June in France, in the lead-up to the 24 Hours of Le Mans. “We wanted to wait until Le Mans to release official photos of the car, but today we are providing a ‘teaser’ image of the Abruzzi ‘Spirit of Le Mans’ that hints at what the final car will be like,” Panoz said.

Ford to open Silicon Valley lab

Ford Motor Co., aiming to keep ahead of technology trends, will establish a research lab in the heart of California's Silicon Valley. The automaker said Friday the lab will open near Stanford University in Palo Alto, Calif., in the first few months of this year. Ford wants the lab to take on a start-up feel and expand beyond the traditional automaker mindset to encourage innovation and improve mobility and safety.