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Video shows race car flip from driver's view

Doug Peterson brought a new race car to the SCCA Chicago Region's June Sprints at Road America in Elkhart Lake, Wis., June 15-17. But the car's status moved from new to trashed in a few blinks of an eye. Video from a camera mounted on the car shows Peterson making a move to the right as the field moves toward the start/finish line.

Mercedes signs joint venture to build carbonfibre parts

Not to be outdone by BMW’s joint venture with the SGL Group to manufacturer commercially viable carbonfibre-reinforced plastic (CFRP) for the electric Megacity Vehicle, Mercedes has announced a joint venture with Japanese company Toray Industries to manufacturer and market its on CFRP automotive parts. The deal was signed in Germany today, with Toray taking a 50.1% stake, Daimler holding 44.9% and the remaining 5% being taken by other shareholders. The two companies started working together in March 2010, and while Toray has been working on the materials and moulding processes, Merc has designed the automotive parts and the technologies to join the parts together.

One Lap of the Web: Loewy, Knieval and an evil Capri

-- If you've been on Google today, you may have noticed the tribute to famed industrial designer Raymond Loewy who penned, among countless other icons, the Studebaker Avanti. Loewy was born on November 5, 1893 -- read more about his life and designs here, and about his Studebaker Avanti here. -- Courtesy of an English auto body shop, this series of photos is a must-see for anyone contemplating the purchase of an old car.