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Andretti Autosport switches to Honda power

The IndyCar grid was split pretty evenly this season between Honda and Chevy power. Thing is, most of the front-running teams have been running Chevrolet engines. Except for Chip Ganassi Racing, the team that fields the likes of Ryan Briscoe, Scott Fixon and Dario Franchitti - but earlier this month Chip Ganassi announced it was switching to Chevy engines too, just like most of the other pack-leading teams.
Honda insisted it didn't need a flagship team to replace Ganassi, but that's exactly what it announced this weekend with the signing of Andetti Autosport. The team run by Michael Andretti won a few IndyCar Series titles under Honda power (in 2004, 2005 and 2007), and two Indy 500 wins (in 2005 and 2007), but switched to the Bowtie two seasons ago, winning the championship last season. But the vast majority of the team's victories - 39 out of 48 race wins - have been powered by Honda, and the two outfits undoubtedly hope they'll return to the winner's circle again with their new multi-year partnership that takes effect next season.

Honda fielding 11 entrants at Pikes Peak, including 532-hp Odyssey

Is it possible for a minivan to be more exciting than an Acura NSX? Well, Honda is trying to find out by entering a 532-horsepower Odyssey into the 2013 Pikes Peak International Hill Climb with IndyCar racer Simon Pagenaud behind the wheel.
Starting with a stock Odyssey, Honda dropped in a turbocharged 3.5-liter V6 producing an estimated 532 hp and 460 pound-feet of torque as well as racing suspension, tires and brakes and one of the biggest roll cages you're likely to ever see. If this van looks familiar to you, you aren't alone - it's a veteran of the Tire Rack One Lap of America.
In addition to this super minivan, Honda will also be entering a first-gen NSX, CR-Z hybrid, Fit EV and Acura TL into the competition as well as five motorcycles and an all-terrain vehicle. Scroll down for the full details on Honda's comprehensive assault on Pikes Peak.

Toyota raises Japanese base wages for first time since 2008

Toyota is on track for record profits, and in return, its Japanese workers are receiving their first increase in base wages since 2008, plus higher pay based on seniority and a larger bonus for 2014. The Japanese automaker predicts the average laborer will net a 2.9 percent income gain.
The average Toyota employee will earn 2,700 yen ($26.28) more each month, a 0.8 percent increase from last year. Workers will also receive about 7,300 yen ($71.09) more monthly based on seniority and promotions. Finally, the company's union pushed through a median bonus of 2.44 million yen ($23,768) for 2014, the highest in 6 years.
The pay boost comes as Toyota forecasts a record 1.9-trillion yen ($18.5 billion) profit for the fiscal year ending on March 31, according to Bloomberg. It has been helped by the Japanese government's efforts to weaken the yen on international markets and expand inflation. Prime Minister Shinzo Abe has been asking businesses to increase compensation to end years of deflation and offset upcoming higher sales taxes. Honda and Nissan have also raised their wages there in recent months.