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News watch July 2011: 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: car news summaries are added from the top hour-by-hour Friday 29 July• The BBC and Sky have a agreed a TV deal for F1, which will see the Beeb only broadcast half of all Grand Prix races from the 2012 season (BBC) • Aston Martin Racing will revert to its older, V12-powered DBR1-2 LMP1 racer for the remainder of the Intercontinental Le Mans Cup (ILMC) while the new straight six-powered AMR-One 'continues to undergo review' (Aston Martin Racing)• Dr Heinz-Jakob Neußer is to take charge of drivetrain development at VW from Volkswagen 1 October 1 2011. His predecessor Dr Jens Hadler is leaving at his own request, and Dr Rüdiger Szengel is to become deputy head of VW's drivetrain development and retain his role as head of petrol engine development (Volkswagen) Thursday 28 July• Porsche today dug the first soil at its €150m extension of the Weissach R&D base.

New baby Jaguar name to be revealed LIVE at Geneva show

Jaguar will reveal the name of its new BMW 3 Series rival LIVE during its lunchtime Geneva Motor Show press conference, CEO Dr. Ralf Speth has confirmed. “We will also show you a first teaser image of the new car,” he added.

Retired driver Randy Lewis rolls out commemorative Indy 500 wine set

Scott Pruett isn’t the only race-car driver looking to dress up what racing fans are drinking. Randy Lewis is, too. The retired driver’s Lewis Cellars is putting out an Indy 500 six-pack to celebrate the 100th anniversary of the event.