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Legendary designer Chip Foose teams up with Oakley for hot-rod shoes

Chip Foose has designed hot rods, concept and production cars for the Detroit Three and has a room full of America's Most Beautiful Roadster and Ridler awards--the pinnacle for a hot-rodder. He's even designed a casino, the Motor City Casino in Detroit. And now, he has penned a shoe.

GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

BMW bobsled carries Team USA to Winter Olympics victory

At the Sochi Winter Olympics, Team USA took home its first medal in two-man bobsledding since 1952. Steven Holcomb, a former Alpine skier and National Guard soldier, and partner Steven Langton raced to a third-place finish in the event -- despite Holcomb's sprained left calf that doctors had to treat long into the night before the race. The margin of victory for the bronze medal was just 0.03 second.