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Jaguar likely moving HQ to Britain's most iconic racetrack

Jaguar Land Rover looks increasingly likely to make Britain's iconic Silverstone race track the automaker's new headquarters. There isn't a final deal in place yet, but the British Racing Drivers' Club, which owns the circuit, plans to have the membership vote on whether the negotiations should move forward, according to Autosport. BRDC leaders already presented the plan to members, and they were open to the idea. "The response was favorable so we will now set up an EGM for the members to vote and give the board a mandate to proceed with the deal and continue with the negotiations with JLR," BRDC president Derek Warwick told Autosport. There's no guarantee yet that JLR actually completes the deal. "There's still a lot of work to do to get the deal to where both sides are happy and more importantly what's right for the BRDC and its members." Warwick said. Rumors in early December suggested JLR was among the firms submitting bids to purchase the track, and the automaker allegedly offered 22.7 million pounds ($34.1 million at the time) for it. The company would also reportedly invest nearly $80 million to renovate the site, including adding a museum, experience center, hotel, and offices. The track would still be open for motorsport, too. Silverstone has hosted the Formula One British Grand Prix many times over the decades, and organizers signed a 17-year deal in 2009 to keep things that way well into the future. Series like the FIA World Endurance Championship, MotoGP, and British Touring Car Championship also compete there. Related Video:

Jaguar Land Rover CEO: Wrong Brexit deal will cost thousands of UK jobs

BIRMINGHAM, England — The wrong Brexit deal could cost tens of thousands of jobs, the boss of Britain's biggest carmaker Jaguar Land Rover warned on Tuesday, saying he had no idea whether his plants would be able to operate after Britain leaves the European Union next year. Ralf Speth also said that the company would not be able to build cars if customs checks meant that the motorway to and from the southern English port of Dover, which is used to transport components, becomes a "car park" due to snarl-ups of people no longer able to move freely among EU countries. Speth made the warning at a conference in Birmingham, central England, speaking shortly before Prime Minister Theresa May, who is battling to have her so-called Chequers Brexit plan accepted by many in her Conservative Party as well as the EU ahead of Britain's departure from the bloc on March 29. "A thousand (jobs were) lost as a result of diesel policy, and those numbers will be counted in the tens of thousands if we do not get the right Brexit deal," warned Speth, referring to redundancies made earlier this year at the firm. "Currently I do not even know if any of our manufacturing facilities in the UK will be able to function on the 30th," he said. The boss of JLR, which built nearly a third of Britain's cars last year, also said long-standing issues around low productivity in Britain could be compounded by a Brexit agreement which made the country less competitive. "It is thousands of pounds cheaper to produce vehicles for instance in Eastern Europe than in Solihull, and what decisions will I be forced to make if Brexit means not merely that costs go up but that we cannot physically build cars on time and on budget in the UK?" he said.Reporting by Costas Pitas

David Brown Speedback GT marks US debut at The Quail

The British invasion has officially deployed another expeditionary force to these American shores with the arrival of the David Brown Speedback GT. The classically styled English grand tourer debuted nearly a year and a half ago, and has been racking up orders from discerning customers in the UK and across continental Europe. As promised, it has now made its American debut at the swanky Monterey event known as The Quail, A Motorsports Gathering. The Speedback GT is a coachbuilt grand touring coupe made by British startup David Brown Automotive. It's based on a Jaguar XKR, but reskinned inside and out to give it the look and feel of a classic Aston Martin – little wonder given the name it shares with the former Aston chief whose initials still adorn the DB model line. Underneath the retro bodywork lies Jaguar's celebrated 5.0-titer supercharged V8, giving the Speedback thoroughly modern levels of muscle with 510 horsepower and 461 pound-feet of torque. The resulting 0-60 time of 4.6 seconds and top speed of 155 miles per hour are suitably quick – not quite time-warping, but the performance is certainly nowhere near as old-school as the design would lead you to believe. Call it the best of both worlds, then, if you dig the styling. But don't expect everyone to be jumping on this particular gentlemanly bandwagon. At nearly half a million pounds sterling – over $750k at current exchange rates – it's sure to keep out the riffraff of which "the rest of us" are most certainly part. Featured Gallery David Brown Speedback GT: Monterey 2015 View 14 Photos Image Credit: Copyright 2015 Drew Phillips / AOL Misc. Auto Shows Jaguar Coupe Luxury Pebble Beach david brown automotive