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F1 Korean Grand Prix: Red Bull CGI Video

Red Bull treat us to a CGI of the new F1 track in South Korea The F1 Circus gets bigger and bigger every year as Bernie Ecclestone continues his aim to host a Grand Prix in every country that can scrape together a few hundred million to add to the bank of Ecclestone. And one of the newest to succumb to the charms of Bernie and F1 is South Korea. There have been doubts that South Korea would get their act together and have their shiny new F1 facility ready to roll for 24th October (next Sunday), but it looks like the track has been signed off for next week’s race.

Ford design chief J Mays retires, replaced by Moray Callum

J Mays, Ford Motor Co.'s global design chief and one of the last senior executives remaining from the Jacques Nasser era, is retiring from the company along with two other veteran senior executives. Moray Callum, 58, design director for Ford in North America, will replace Mays, 59, the automaker said in a statement today. Also retiring after long Ford careers are Jim Tetreault, 57, vice president of North American manufacturing, and Martin Mulloy, vice president of labor relations.

News watch October 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 29 October 2010• Spyker has announced third-quarter losses have increased since its takeover of Saab. Spyker lost £35 million in 2010, compared to £3.6 million last year (BBC News)• GM will repay $2.1 billion of the Obama government's preferred stocks.