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Race classes set for 2010 Monterey Historics

Mazda Raceway Laguna Seca announced Monday the classes for the 2010 Monterey Historic Automobile Races. The event will be Aug. 12-15.

MG Rover – Serious Fraud Office (SFO) to investigate

The Rover 75 Coupe - one of MG Rover's last big ideas before its collapse in 2005 MG Rover was bought from BMW for the princely sum of £10 after BMW had had enough of trying to make a viable company out of a business that was still undermined by the woes – and attitudes – of the British Leyland years. That £10 purchase price also came with £425 million in loans from BMW, so MG Rover had a chance. But the collapse, and the subsequent sale of the rights to the MG trademark to SAIC (Shanghai Automotive Industry Corporation), brought accusations that the ‘Phoenix Four’ – Directors and owners of MG Rover – has acted fraudulently when it was revealed they had acquired more than £40 million in pension rights, salary and assets in the intervening five years between purchase from BMW and collapse.

Skoda Rapid launches in India. Is this the Skoda MissionL for Europe?

Is the Skoda Rapide for India the MissionL Concept from Frankfurt? Skoda revealed the MissionL Concept at Frankfurt last month, a Skoda aiming to plug the gap between the Fabia and Octavia. At the time we commented that the MissionL could turn up in India before it did in Europe, and it looks like it has – as the new Skoda Rapid.