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Silverstone To Celebrate Hosting 50 F1 Races In Style

THE famous Silverstone Circuit is gearing up to celebrate its 50th Grand Prix race this weekend, and it’s a milestone that will be celebrated not once, but twice during July. First, the golden anniversary will be marked by a parade of F1 cars over this coming British Grand Prix weekend. Then, three weeks later, the birthday party revs up when the Northamptonshire venue stages the annual Silverstone Classic (25-27 July).

William Clay Ford Sr.'s death: Leaders and sports world react

William Clay Ford Sr., who died on Sunday at the age of 88, served in numerous positions at the Ford Motor Company, including 32 years as chairman of the Design Committee, and became chairman of the Executive Committee in 1978. Comments on the death of Ford, the last surviving grandchild of automotive pioneer Henry Ford and owner of the NFL's Detroit Lions: "The Fords are among Michigan's iconic, founding families, and he was an innovator in the family tradition as well as a strong leader. Like his grandfather, he was passionate about automobiles and the auto industry, the city of Detroit and his family.

Saab says three new models are in the works

Saab says a new financial deal with Chinese companies Pang Da and Zhejiang Youngman Lotus gives it the cash to plan three new models. Saab's plan calls for: -- The 9-1, an entry-level car that has been known as the 9-2 until now. -- The 9-6 and the 9-7, which Saab says will be prestige vehicles.