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Sir Stirling Moss, 81, retires from racing

While participating in a live interview with Joe Bradley of RadioLeMans.com on Thursday, Sir Stirling Moss announced his retirement from the sport that he loves. "This afternoon I scared myself, and I have always said that if I felt I was not up to it or that I was getting in the way of fellow competitors, then I would retire," Moss said. Moss is one of the most recognizable figures in motorsports, with a career that has spanned more than 60 years.

Petersen Museum gets new chair

Peter Mullin, a car guy with excellent taste and the means to do something about it, has become chairman of the board of the Petersen Automotive Museum in Los Angeles. Lucky place, the Petersen. Mullin's vice-chairs, who will help lead the museum into the 21st century, are uber car guys Bruce Meyer and David Sydorick, both longtime supporters of the institution.

Chrysler beefs up holiday incentives

Chrysler, seeking to boost sales after a dismal October, launched a major new incentive campaign Friday. Chrysler timed the announcement so dealers could place ads in their local media outlets over the weekend and ahead of the Thanksgiving holiday period. The incentives take effect today and run through Jan.