1990 Ferrari Testarossa on 2040-cars

Auto blog

Giancarlo Fisichella joins fellow former F1 drivers in United SportsCar Championship

In business or in politics, those driven by their careers typically aim for the highest position they can get to, and after they're done there, they typically retire. But not in motor racing. With an expiration date hovering in their mid-30s at best, Formula One drivers typically seek out other racing series to compete in once they've outlived their career on the grand prix circuit. And there is no lack of racing disciplines that are glad to welcome them in with open arms as motor racing royalty. With the calendar announced and the teams lined up, the roster of drivers is taking shape for the inaugural United SportsCar Championship. And while there hasn't been a large number of former F1 drivers – much less grand prix winners – lining up for the series, there have been some. Risi Competizione, the team that typically fields Ferrari entrants in American GT racing, has just announced that Giancarlo Fisichella will be driving for them in the United SportsCar Championship this season. The veteran of 231 grands prix has driven for Minardi, Jordan, Benetton, Sauber, Renault, Force India and Ferrari. In the case of the latter, he filled in for an injured Felipe Massa, and remains a Ferrari factory driver. Over the course of his fourteen years on the grid, he won three grands prix and landed on the podium 19 times. That makes Fisichella, who just turned 41 on Tuesday, the most accomplished former F1 driver to sign on for the American series, but he's not the only one. Other drivers already lined up include David Brabham, Max Papis and Christian Fittipaldi – each of whom contested a handful of grands prix in the 1990s – as well as Sebastian Bourdais, who drove for Scuderia Toro Rosso after dominating in Champ Cars for four years and left F1 in 2009 along with Fisichella, who currently looks to be the only driver lined up for this year's Rolex 24 at Daytona who's won a grand prix or even scored a podium finish. While Brabham, Papis, Fittipaldi and Bourdais will all be driving in the top-tier Prototype class, Fisichella will be trying to make his mark in the GTLM class. We'll be watching to see whether he can add that trophy to the class titles he's already accrued in the Le Mans Series, the World Endurance Championship and the 24 Hours of Le Mans itself in the five years since leaving F1.

Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says

  MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.

NHTSA fines Ferrari $3.5 million for missing reports

Ferrari will pay a $3.5 million penalty for family to comply with oversight requirements set forth by the National Highway Traffic Safety Administration.
The federal agency that oversees road safety in the United States announced Friday morning that Ferrari had not submitted early warning reports for the past three years. These reports help the agency identify potential or existing safety threats.
In the wake of the rolling recalls for defective General Motors ignition switches, there has been considerable scrutiny of NHTSA's handling - or mishandling - of these early warning reports. Friday's fine is an indication the agency is taking its enforcement mandates more seriously, albeit against a manufacturer that has no large-scale presence on American roads.