Kart Steering Shaft on 2040-parts.com

Wannabe racers invited to test their mettle

THE AMAZING scenes at the Bahrain Grand Prix have left an unfamiliar warm glow surrounding the pinnacle of motorsport, but at grass roots level would-be racers are being invited to show their potential. The Lets Race 2 Reality scheme, open for entries until the end of the month, will reward the best new racing driver in the country with an incredible Formula 3 race experience. The winner will receive a day’s testing in a Carlin Formula 3 car, complete with a dedicated team of mechanics, data engineer and race engineer.

MINI London 2012 Edition launches to celebrate Olympic Games

MINI London 2012 Edition - in patriotic red, white or blue The launch of the MINI London 2012 Edition to celebrate the Olympic Games neatly pulls together two of MINI’s marketing tactics; shove out as many limited edition models as you can and give them a London theme. True, this edition of the MINI uses the London moniker intact instead of using a badge from a London area, but it’s consistent with the current MINI special edition target. As is MINI’s aim to cash in on any bit of publicity it can – sometimes tenuously – get a hook on.

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.