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Porsche plans to shift U.S. headquarters to Atlanta airport site

Porsche is reportedly set to move its North American headquarters from a suburb north of Atlanta to the site of a demolished Ford Motor Co. assembly plant that once built the Ford Taurus and the Mercury Sable next to the Atlanta airport. A formal announcement is expected on Thursday, according to a report in the Atlanta Journal-Constitution.

Codemasters reveals more game details about upcoming F1 2010 in video

Video-game developer Codemasters has revealed more details and footage of its highly anticipated Formula One game, scheduled to be released in September. F1 2010 promises to include all of the teams, drivers and circuits featured in the real-life 2010 championship. And if the latest video is anything to go by, fans of the sport and of racing games in general have much to look forward to.

Watch: Ford Fiesta Rallycross car showcased in Detroit

The Ford Fiesta ST and the streets of Detroit and Belle Isle are the stars of this promotional video released on June 26 by Ford Racing to help promote the ongoing bid of organizers who are hoping to lure the X Games to the Motor City in 2014. Detroit is one of four finalists for the 2014 X Games, along with Austin, Texas; Charlotte, N.C., and Chicago. An announcement is expected late this summer as to which of the three cities will be awarded the three-year run of Summer X Games.