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2016 Formula 1 Chinese Grand Prix recap: another wild show on and off track

Normally we use this space to provide a lengthy recap of the weekend's Formula 1 race, but we're going to try something different since most folks reading this know what happened at the Shanghai International Circuit on Sunday. Instead, we'll alight on what we saw as the big issues in and around the race. Let us know what you think in Comments. Proper qualifying is back. Thank goodness. It only took a month of embarrassment to fix it. And so is passing! For the third race in a row, big performance improvements at the ten teams behind Mercedes-AMG Petronas and a wider tire selection at this race graced us with opening stints filled with dicing cars. Seeing the McLarens on screen doesn't make us cringe. Manor doesn't only make the global feed when it's being lapped. We've been complaining about parade races for so long that we forgot excitement was possible without rain or wholesale regulation changes. Yes, Mercedes is still the king of the jungle, but there are some other proper midfield beasts on the hunt, too. Malfunctions up and down the grid did help the show in Shanghai, like Lewis Hamilton suffering perpetual troubles, Nico Hulkenberg's runaway front wheel which red-flagged Q2, and Sebastian Vettel's and Kimi Raikkonen's flubbed hot laps in Q3 that let Daniel Ricciardo slip by into second on the grid. Come race day things went all Grand Theft Auto at Turn 1 on the opening lap, sending some of the best cars to the pits. Then came Ricciardo's puncture while leading, then came the Safety Car – all by Lap 5. Nico Rosberg got 38 seconds of airtime on the way to victory – at the start and the finish, and that happened to be his margin of victory, too – otherwise he was a ghost. Everyone else was struggling and juggling. Rosberg's win at the Bahrain Grand Prix put the German at five consecutive victories going back to last year's Mexican Grand Prix. The history books show that any driver who's won five straight contests has gone on to win the championship. With his triumph in China, the German has won the season's first three races, the history books again show that the other nine drivers who've pulled that off have gone on to win the championship. Rosberg, 36 points ahead of his teammate in the standings, is having none of it. He said of the other victors, "But they didn't have Lewis Hamilton as their team-mate." Perhaps Mercedes was right not to make an engine deal with Red Bull last season.

Fiat Chrysler begins Magneti Marelli spinoff

MILAN — Fiat Chrysler has kicked off its planned spinoff of parts maker Magneti Marelli, which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed. The spinoff is part of a plan by FCA Chief Executive Sergio Marchionne to "purify" the Italian-American carmaker's portfolio and to unlock value at Magneti Marelli similar to his earlier spinoff of Ferrari. Analysts say Magneti Marelli could be worth between 3.6 billion and 5 billion euros ($4.2 billion to $5.8 billion). It sits within FCA's components unit alongside robotics specialist Comau and castings firm Teksid. FCA has created a separate entity called MM Srl, the document showed, into which it will fold Magneti Marelli's electronics and electro-mechanical operations related to racing motorbikes and racing cars, as well as 14 other holdings in various companies around the world, including Germany, Slovakia, Mexico and South Africa. MM will be incorporated into a Dutch holding company via a cross-border merger, it added. FCA declined to comment. The move follows a similar procedure adopted by FCA for the spinoff and listing of Ferrari as well as of trucks and tractor maker CNH Industrial, both registered in the Netherlands and listed in Milan. The Dutch holding company would allow Marchionne, known for his success in extracting shareholder value through this strategy, to introduce a loyalty share scheme to reward long-term investors through multiple voting rights, as was the case with CNH and Ferrari. That would tighten the grip of FCA's controlling shareholder Exor, the Agnelli family's investment holding company, on the parts maker. Magneti Marelli, which employs around 43,000 people and operates in 19 countries, is a diversified components supplier specialized in lighting, powertrain and electronics. The Magneti Marelli separation is expected to be completed by the end of this year or early 2019, FCA has said. FCA's advisers initially looked at a possible initial public offering for the business to raise cash to cut FCA's debt, but the Agnelli family — FCA's main shareholder — was put off by low industry valuations and did not want its stake in Magneti Marelli to be diluted, three sources close to the matter told Reuters in March. Magneti Marelli has often been touted as a takeover target, and FCA has fielded interest from various rivals and private equity firms over the years.

2020 Fiat 124 Spider Abarth Review | Miata Arrabbiata

The Mazda MX-5 Miata is one of our favorite sports cars, and it’s hard to imagine how it could be improved – especially after Mazda added a revvier, more powerful engine for 2019. That presents a potential issue for its platform mate, the 2020 Fiat 124 Spider, which hasnÂ’t received a similar update. So we spent some time behind the wheel of an Abarth version on the road and on a track to see if thereÂ’s a reason to choose it over its new-and-improved twin. While itÂ’s unchanged for 2020, the 124 AbarthÂ’s engine does the lionÂ’s share of the work charming the driver. The 164-horsepower 1.4-liter turbocharged inline-four is no longer more powerful than the MiataÂ’s 181-hp 2.0-liter naturally aspirated engine, but the Abarth remains the torque king, packing 184 pound-feet to the MiataÂ’s 151 lb-ft. More importantly, the Abarth makes its power down low, feeling punchier at low rpm and taking far less work with the shifter to keep it in the power band. ThatÂ’s particularly nice around town when you might not want to push the car to redline repeatedly. The trade-off is that it feels much less exciting near redline, and the throttle response is lethargic compared with the snappy Mazda engine. And on a racetrack, that extra precision and power at the top end makes for a more rewarding experience. Besides user-friendly torque, what sets the 124 Spider Abarth from the Mazda is the sound. The Abarth is the only 124 available with the special Record Monza exhaust, and it makes the Fiat growl and snarl like only Italian cars can. And of course, itÂ’s all the better when you drop the top, expediting the sound to your ears. It makes the car feel more expensive and unusual than it is. Now, the Miata has its own more refined purr thatÂ’s lovely, too, but the FiatÂ’s soundtrack is giggle-inducing at every drop of the throttle. Capping off the powertrain is the FiatÂ’s transmission that I found to be just a bit better than the ND MiataÂ’s. It has heavier, more mechanical shifts that arenÂ’t as notchy as the MiataÂ’s. ThatÂ’s still a compliment to Mazda, though, as the FiatÂ’s transmission comes from the previous-generation NC Miata. It was chosen to handle the turbo engine's torque. The only complaint is the bizarrely shaped shift knob that never felt comfortable regardless of my grip. The AbarthÂ’s styling is another point of differentiation.