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MICHAEL SCHUMACHER JOINS MERCEDES GP PETRONAS – Press Release

Michael Schumacher joins Mercedes - Press Release Below With seven Drivers’ World Championships, 248 Grand Prix starts, 91 victories, 154 podium finishes and 68 pole positions, the 40-year old German needs no introduction following an illustrious and record-breaking Formula One career from 1991 to 2006 at the Jordan, Benetton and Ferrari teams. Michael’s return to racing with MERCEDES GP PETRONAS sees his return to Mercedes-Benz Motorsport where he began his racing apprenticeship as part of the Junior Programme in 1990, racing in Group C sports cars and DTM, and sees Michael renew his partnership with Ross Brawn with whom he won all seven of his World Championships. Today’s announcement confirms the MERCEDES GP PETRONAS driver line-up for the 2010 season with Michael partnering his compatriot, 24 year old Nico Rosberg, in the Silver Arrows cars.

Europe’s economic problems sees UK become biggest Ferrari market in Europe

The Ferrari F12 (pictured) helped Ferrari to strong profits in the first half of 2013 The economic crisis in the Eurozone has seen Ferrari’s sales in countries like Italy and Spain plummet, and Greece managed just one sale in 2012 (and even that came to the UK). But Ferrari have a plan to keep profitability by limiting supply and achieving stronger revenues for the sale they do make – with stuff like Ferrari’s bespoke Atelier and Tailor Made services and Classiche work adding more revenue – to keep them powering forward, and it seems to be working despite poor sales in many European countries. In fact, despite an increase of just 2.8 per cent in volume, Ferrari has managed to increase their profits in the first six months of 2013 by an impressive 20 per cent, with total sales of 3,767 and net profits of €1.22 million.

Land Rover Range-e plug-in diesel hybrid grabs SMMT Award

Land Rover Range-e wins SMMT Award Just like every other car maker in the world, Jaguar Land Rover are flirting with and developing hybrid powerplants to keep the government-targeted economy and CO2 levels in check, even though neither Jaguar or Land Rover are close to actually launching a hybrid. In fact, Jaguar recently said that 4WD was the next ambition for their cars – not hybrids – and we won’t see a hybrid from Land Rover until the next wave of Land Rover models start to hit the road in 2013. And even then, any hybrid powerplant is likely to be well after initial launch.