Luxury car division of General Motors
Gasly has had his Monaco Grand Prix penalties rescinded after a timekeeping error, restoring his third place on the track and reshuffling the final standings. Alpine had appealed; FIA confirmed the error and the penalties were withdrawn. The Barcelona weekend follows as teams await further clarity.
Automakers have announced strategic shifts as Chinese brands and US trade rules upend the sector. Volkswagen has proposed deep job cuts to cut costs, Jaguar Land Rover is adding hybrids and prioritising the US, and the Commerce Department has denied Polestar permission to sell new connected models in the US from 2027, pushing the brand to refocus on Europe.
Ford says it has turned a corner on recalls and quality, aiming to launch a fresh lineup across North America while reducing warranty costs. Yet analysts note ongoing headwinds as suppliers, electrified powertrains and software deployment complicate new vehicle launches.
Toyota has announced a major expansion of its San Antonio manufacturing campus, adding a second assembly line and a new axle plant, boosting capacity and jobs as part of a $10 billion U.S. investment through 2030. The move follows a decision to shift Tacoma production from Mexico to Texas, while continuing some Mexican operations.
Kimi Antonelli has claimed pole at Spa-Francorchamps, extending his title lead. Verstappen starts behind with a heavy grid penalty, Norris is third. The Hungarian GP is approaching, with teams looking to finalise setups before the break.
Lando Norris clinches pole at the Hungaroring, with Leclerc second and Piastri third. Kimi Antonelli starts further back due to a grid penalty; the race is set to unfold amid a tight championship battle and the final sprint before the summer break.
A bipartisan Senate bill would bar the sale of connected vehicles by automakers that are more than 15% owned by Chinese entities, potentially affecting Mercedes-Benz, which has substantial Chinese ownership. The proposal has emerged in an ongoing policy debate about national security and supply-chain resilience.
A roundup of recent Formula 1 coverage shows drivers pushing back on 2026 regulation changes, arguing the 50/50 power split and energy-management tech disrupts on-track racing. Editors stress the sport’s growth goals clash with drivers’ call for more direct control and traditional racing dynamics.
Lando Norris wins the Hungarian Grand Prix for McLaren, ahead of Max Verstappen and Kimi Antonelli. Oscar Piastri retires with gearbox trouble after leading for a stretch. Lewis Hamilton finishes fifth following a pit-lane speed penalty, while the championship gap widens to 50 points.
A wave of Chinese automakers is expanding into Europe and the UK, challenging traditional premium brands. Zeekr, BYD and others are pursuing UK launches while major players like Geely, Volvo and Lucid push into premium segments. European and US automakers are restructuring to cope with China’s rising export power and shifting supply chains.
Donald Trump has been touring Michigan, arguing tariffs are boosting US industry while acknowledging price pressures. The visit highlights a tension between pro-business rhetoric and the everyday costs felt by voters as Michigan buckles under inflation and higher import taxes.
Electric-vehicle prices have risen in July as automakers tighten incentives after the expiration of federal tax credits. Analysts say limited supply and luxury demand are keeping prices high, while cheaper, mass-market models could pressure the market later in 2026.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.
Cadillac has announced a leadership transition for its Formula 1 project, with Marcin Budkowski taking over as team principal. Graeme Lowdon has departed after guiding the American entrant through its debuts this season, which have featured reliability issues and no points after 11 races.
Mercedes are limiting upgrades under the 2026 cost cap while rivals press ahead, widening the performance gap at the front. Norris has won twice in a row for McLaren, with Antonelli leading the standings and Russell close behind. Monza looms as a crucial test for Ferrari, McLaren, and Mercedes.
Lando Norris has moved within striking distance in the title race after a strategic masterclass in Zandvoort. Norris has overtaken rivals to win the Dutch Grand Prix, with Antonelli still leading the standings and Russell closing in. Verstappen’s dramatic Lap 1 crash disrupted the race and reshaped the podium picture.
Lando Norris has won the Dutch Grand Prix in Zandvoort, keeping McLaren competitive as Kimi Antonelli extends his championship lead. Hamilton and Russell struggle with team orders and tyre strategy, while Mercedes respond to the pressure with strategic pit decisions.
TWG Global faces federal investigations into affiliated-party loans across its insurers, prompting questions about liquidity and potential impacts on its sports assets, including the Dodgers and Lakers. The company denies fraud and reiterates that its major franchises are not for sale, as regulators review financing and related transactions.