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Nissan goes retro with Bathurst racing livery [w/video]

At the Bathurst 1000 next month, the #23 Nissan Altima V8 Supercar will wear this throwback red, white, and blue color scheme. And as you might have guessed, the team didn't pull it out of thin air. It's derived from the colors worn by the Skyline that Jim Richards drove in the 1990 Australian Touring Car Championship – the precursor of today's V8 Supercars series. In that historic season, four-time ATCC champ Richards won two rounds in the Skyline H31 GTS-R before switching to the newer R32 GT-R and winning one more. Those three checkered flags helped Richards score his third title, and the first of three that Nissan would go on to win in the series. Richards kept that H31 and still brings it to historic racing events with what he remembers as his favorite racing livery. If there's anything we love more than old racing liveries, it's when automakers and racing teams bring them back. Whether it's the Gulf livery sported by Aston Martin at Le Mans, the Martini stripes worn by Williams in F1, or the throwback liveries Toyota recently cooked up for the GT86 (aka Scion FR-S). Nissan's done some of its own retro racing liveries as well, like the one the GT-R LM Nismo wore recently, or this one done up Down Under. Watch and listen to Nissan's Michael Caruso talk to Richards about it in the video below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Nissan to celebrate 25 years since first Australian Touring Car championship title at 2015 Bathurst 1000 - #23 NISMO Nissan Altima V8 Supercar to race in colors of Jim Richards' 1990ATCC-winning Nissan Skyline HR31 at 2015 Bathurst 1000 on October 8 to 112015 MELBOURNE, Australia – Nissan will celebrate its first Australian Touring Car Championship (ATCC) title by running a spectacular retro livery on its #23 Nissan Altima V8 Supercar at this year's Bathurst 1000 at Mount Panorama from October 8 to 11 in Bathurst, Australia. The #23 NISMO Nissan Altima V8 of Michael Caruso and Dean Fiore will race in the same colors as the 1990 Nissan Skyline HR31, 25 years after Jim Richards used the Skyline to win the 1990 championship. Richards raced the Skyline in six of the eight rounds of the 1990 ATCC. Richards switched to the new Nissan GT-R R32 for the final two rounds of the1990 championship, but crucially, two of his three round wins that year were with the Skyline HR31.

Nissan puts Le Mans prototype program under review

Nissan had a challenging time developing its GT-R LM Nismo, then it faced enormous challenges at Le Mans, the race it designed the car for, and now the race outfit is dealing with challenges in the boardroom. While the outfit gets ready for a test at the Circuit of the Americas, Sportscar365 reports that Nissan executives in Japan are deciding how to proceed with their LMP1 program. The meetings were presaged last month by CEO Carlos Ghosn, who said at last month's Formula E race in London that "we must assess the strategy. We wanted to be different and competitive, we have only been different." Both Ghosn's wording and that of the Sportscar365 piece make it seem that company bosses are wrangling over continuing with "the current specification" of the GT-R LM Nismo, not the entire two-year race program. If that's the case and the decision goes against, we could see a more traditional Nissan racer in La Sarthe next year. While it's easy for us to say this, we think that would be a shame. Le Mans is hard enough to win with a massive budget and a traditional race car - just ask Peugeot and Toyota, and remember that Porsche didn't go home covered in laurels its first year back, either. Given just how different Nissan's car is, a year in the deep weeds at the world's biggest and least forgiving endurance race against veteran competition isn't an outrageous outcome. And remember, persistent issues prevented the team from using the car's hybrid system, robbing the GT-R LM Nismo of half its horsepower and rear-wheel drive. That was never going to go well. Can the engineers get the GT-R LM Nismo to work properly? We don't know. But we'd like to see them get a proper chance to get it right. Related Video:

Nissan to pull out of venture fund with Renault in cost-cutting drive, insiders say

TOKYO — Nissan is likely to pull out from a venture capital fund it runs with alliance partners Renault and Mitsubishi Motors, as part of the Japanese automaker's drive to cut costs and conserve cash, two sources said. Nissan will formally take a decision on whether to leave the fund, Alliance Ventures, by the end of this month, the two Nissan insiders told Reuters, declining to be identified because the information has not been made public. The likely move comes after Nissan's junior partner, Mitsubishi Motors Corp, told an alliance meeting last week that it would no longer continue to inject money into the fund, one of the sources said. The decision to leave the Amsterdam-based fund was all but a done deal, the other source said, adding: "Of course we're out. The house is on fire." A Nissan spokeswoman said it was speculation and declined to comment. A Mitsubishi spokesman said no decision had been made. The move comes as Nissan — which has seen its earnings slump — is now facing a downturn in China, its biggest market, due to the impact of the coronavirus outbreak. China sales plunged 80% last month. It also highlights the extent of the automaker's cost-cutting under new CEO Makoto Uchida, who is under pressure for a quick turnaround. Alliance Ventures is aimed at finding "learning opportunities" for the alliance through investing in startups, and is supposed get up to $200 million (153.3 million pounds) a year from the three alliance partners, although it never achieves that full amount, the first source said. It was set up under former alliance head Carlos Ghosn, whose dramatic arrest in Japan culminated in an escape to his childhood home of Lebanon in December. Ghosn faces multiple charges in Japan, including of under-reporting earnings and misappropriation of company funds, all of which he denies. According to its website, the fund was set up with a $200 million initial investment and aims for up to $1 billion by 2023. Portfolio companies include WeRide, a Chinese robo-taxi startup and Tekion Corp, a cloud-based retail platform for cars. "It wasn't established by Ghosn as a way to make money. It was for those learning opportunities we get from investing in smart startups," the first source said. "But given the tough financial situation we are facing, we are looking at investment return." Reporting by Norihiko Shirouzu; Editing by David Dolan/Louise Heavens/Susan Fenton.