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Sir Stirling Moss, 81, retires from racing

While participating in a live interview with Joe Bradley of RadioLeMans.com on Thursday, Sir Stirling Moss announced his retirement from the sport that he loves. "This afternoon I scared myself, and I have always said that if I felt I was not up to it or that I was getting in the way of fellow competitors, then I would retire," Moss said. Moss is one of the most recognizable figures in motorsports, with a career that has spanned more than 60 years.

One Lap of the Web: The ABCs of Indy

-- Indy is full of tradition, and ABC is full of Indy. Having covered the Indy 500 for the past half-century, ABC is as "back home again" as Jim Nabors and milk and the forthright assumption that the Indianapolis 500 is the Greatest Spectacle in Racing -- a tagline announcer Charlie Brockman introduced to the world -- which it is. -- How do you design brakes that can stop a 1,000-mph car?

Volkswagen to buy 42 percent of Porsche, full merger planned

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.