Dorman 31025 Steering Speed Sensor on 2040-parts.com

New car looms from McLaren F1-creator

By Phil McNamara Motor Industry 13 June 2007 10:18 Gordon Murray is set to finally realise his dream of creating a highly efficient, radical car for mass production. The mastermind behind the F1 supercar left McLaren Cars a couple of years ago, and has now secured the funding to set up on his own. Gordon Murray Design Limited – a design, prototyping and development company – will be launched on 4 July.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

One Lap of the Web: Saucy spouses and salty roads

-- Not every race car driver was James Hunt. Legendary drag racer Don Garlits couldn't have been legendary without his wife Patricia, who recently passed at the age of 71; in a few more weeks, they would have celebrated their 61st wedding anniversary. She supported Don when he didn't think his racing would amount to anything, and she was instrumental in persuading Don to switch to rear-engined dragsters -- Don's eventual acceptance ended up changing the face of drag racing forever.