1982 Jaguar Xj6 With A Little Something Special.... A Gm 350 Engine W/ Turbo on 2040-cars

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Formula E is on track financially, with NYC race coming up

LONDON - Formula E could be breaking even already were it not investing for the future, chief executive Alejandro Agag said on Monday after the electric motor racing series reported continuing losses in its latest annual accounts. Accounts filed at Companies House showed Formula E Operations Ltd reduced its operating loss to 33.7 million euros ($38.32 million) at end-July 2016, a period covering its second season, from a previous 62.7 million. Net liabilities rose to 107.2 million euros from 72.1 million, while total revenues reached 56.6 million from a previous 19.7 million. "Everything is going according to plan," Agag, whose city-based series will be racing in New York for the first time on July 15 and 16, told Reuters in an interview at his London offices. "Actually we are doing incredibly well financially according to our plan. "We could have broken even this year but we decided to invest more in marketing and promotion. We decided to add races like the one in New York, which is in year one a race which is costing, we have significant capital expenditure." "It's really up to us when we want to go to break even or not. We could be in break-even now, we could be in break-even next season but we may decide to invest more in marketing and promotion." Agag said the shareholders, including John Malone's Liberty Global and Discovery Communications, were supportive of the strategy and the series had attracted more investors, sponsors and car manufacturers. The New York races will be held in Brooklyn's Red hook neighborhood, with lower Manhattan and the Statue of Liberty as a backdrop with technology partner Qualcomm securing the naming rights. MANUFACTURER INTEREST Agag, whose series plays down competition with Liberty Media-owned Formula One, said more carmakers were set to join a series increasingly aligned with their commercial focus. "I think Formula E has become the preferred destination for manufacturers and there are a few reasons for that," said the Spaniard. "Obviously, one is that it is electric and manufacturers are more and more focusing on electric cars...and we are the only platform really to help them promote that technology and those types of cars. "And second, because of the cost. The cost of the team in Formula E is very moderate." Whereas top Formula One teams can burn through $300 million a year, as can the likes of Toyota in the World Endurance Championship, the budgets of successful Formula E teams are between 10 and 15 million.

2022 Jaguar F-Pace SVR Road Test | Enjoy the hot-rod SUV while it lasts

BIRMINGHAM, Mich. -- Jaguar has been steering away from sedans, which makes good business sense. With the demise of the XJ and XE, the company’s lineup is as taut as itÂ’s been in recent memory. ThatÂ’s OK, the F-Pace plays a lot of roles. ItÂ’s the most practical and best-selling Jaguar, and in SVR trim, itÂ’s the embodiment of the modern muscle crossover. In fact, it's a legit hot rod. This is our first chance behind the wheel of the SVR since it was updated for the 2021 model year along with the rest of the F-Pace lineup. In short: the powertrain is slightly torquier, the brakes and suspension are bolstered, the cabin gets JaguarÂ’s Pivi Pro infotainment, and the front end is tweaked with new headlights and body work. ItÂ’s subtle. Driving the F-Pace SVR is anything but. The product of JaguarÂ’s Special Vehicle Operations (SVO), the SVR is a series of visceral experiences, some of them raw and adrenaline-inducing, some of them surprisingly calm. In Sport mode the Jaguar shifts quicker to accelerate harder and the full-throated roar of the exhaust is on display. In Eco or Comfort modes, things are chiller, but I still usually cued up the active exhaust system, which can be switched off and on with a button near the gear shifter.  The supercharged 5.0-liter V8 is old-school, fierce and one of the reasons you buy this Jaguar. With 550 horsepower and 516 pound-feet, itÂ’s firmly in the upper class among performance-oriented SUVs, and the 3.8-second sprint to 60 mph is impressive for a compact crossover thatÂ’s on the larger size for the segment. While the V8 is a quickly disappearing throwback, Jaguar hasnÂ’t used it as prolifically as American or German luxury brands throughout its 100-year history — often skipping from six to 12 cylinders — depending on the car and the time period. Driving the F-Pace SVR with its supercharged eight cylinders is to experience the apogee of JaguarÂ’s 2010s pivot to V8 muscle, before the brand transitions to electric vehicles by the end of the decade. It's best to live in the present in the F-Pace SVR. On a wide-open Saturday morning, I dial up Sport Mode, crack the windows to let in the exhaust note and set out for a day trip to visit family on the other side of town. With the snow disappearing on this warm late winter morning, I make the most of a fleeting opportunity to push the F-Pace a bit, with quick launches and enthusiastic acceleration into open gaps on the expressway.

Could Jaguar become an EV-only brand?

Just yesterday we wrote about the Heisenbergian uncertainty surrounding the future of the Jaguar F-Type. A new report in Autocar prompts us to consider extending that ambiguity to the entire Jaguar brand. The UK magazine reports the automaker's product planners have devised a ten-year plan to switch to a pure EV lineup of cars and crossovers. According to Autocar's sources this is a planning exercise and doesn't have the green light, but it's "fairly advanced" and has adherents inside the company. The first shot fired would be an all-electric XJ replacement. That sedan, a "no-holds-barred luxury car" to challenge the Tesla Model S and Porsche Taycan, would provide emissions-free motoring before the Mercedes-Benz S-Class and BMW 7 Series come with their EV propositions. Around 2023, an EV crossover a touch larger than the full-sized Audi E-tron would replace both the XF and XE sedans. Two years later, a new mid-sized I-Pace would debut as both the F-Pace and E-Pace fade out. And two years after that, around 2027, the J-Pace luxury crossover would sigh its last ICE gasp. And what about the F-Type? The report says "with no replacement for F-Type in the works," an electric sports car "is also a possibility." There's no mention of the XK revival. Right now, Jaguar sells seven models - four sedans and three crossovers. As the Autocar article's written, come 2027 Jaguar would have an electric XJ sedan, a full-sized EV crossover, the I-Pace, and perhaps an electric sports car. That's a brave new world - one we're not sure Jaguar dealers could survive in. Problem is that Jaguar and its dealers are having plenty of problems now. Chinese-market volatility, the cloud around diesels, and Brexit uncertainty have contributed to a sales slump so dire that Jaguar's Castle Bromwich plant is going to a three-day week for the rest of the year. The sales flu has spread to Land Rover, too, the brand's Solihull plant closing for two weeks to realign dealer inventory. Considering all that, and with no easy relief in sight, the product planners are apparently debating whether a new, traditional three-model sedan range is worth the investment. The upside of going all-electric is said to be higher sales, with internal estimates supposing 300,000 units annually. Last year Jaguar sold 178,500 units. The marque could rake in larger profit margins on those sales, too, thanks to premium buyers being ready to shell out big ducats for EVs.