2012 - Porsche Panamera on 2040-cars

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The art of being teammates

Returning home from a successful event for our CJ Wilson Racing team I couldn't help to think about just how many people are involved to support the drivers that stand on the podium. Friends of 15 to 20 years are actively involved in my life in motorsports and it amazes me daily. I'd like to think that I possess the right blend of passion and humility to make racing for a living a successful career, and each year the ups and downs of motorsports takes a toll on even the savviest racer. Having been a race driver for the past several years, I had long ago stopped taking for granted just how important friendships & relationships are in life. In motorsports we have a large array of relationships we build, from the perspectives of business, crew, competitors, spectators and of course, teammates. For any young racer or driver that is struggling to stay an integral part of the racing community, I can't stress enough just how important relationship building is and in our world of multi-class & multi-driver line-ups, the "teammate" is a big one. Now in my fifth year with CJ Wilson Racing, I started the season with my 10th different teammate, most of which, came in the first season as we were developing into a program that could operate a two-car effort. These are people that I have coached, improved with and become, in a way, brothers. Most I consider friends, people I actively stay in touch with – not out of obligation, but because they are like family to me. They have been a teammate – and in this industry and our series in particular – there has to be something more cohesive than just sharing a car. Standing on the podium with all of your teammates like we did in this year in Monterey (our #33 ONE Capital / MotorOilMatters and #35 Safecraft Safety Equipment Porsche Caymans finished 2nd and 3rd) is one of those moments that you don't forget, in part, because you get to share it with ones you typically spend the most time. I watched both Danny Burkett and Till Bechtolsheimer go to the front after the green dropped and drive perfect opening stints. Sure, while cameras were rolling I played it cool, but as soon as they turned away I was a beacon of giddy pride like I was watching a little brother riding his bike without training wheels for the first time. When it came my turn to get behind the wheel, I knew that one of my closest friends, Tyler McQuarrie, would be in our sister car.

World Car Awards finalists snub American-branded vehicles — except for Bronco

The list of World Car Awards has been whittled down to 10 finalists, but only one American brand — Ford — appears among the remaining nine carmakers for this yearÂ’s top award. The Bronco is there, and it also is balloted as a finalist in the design category. The other categories are performance car, urban car, electric vehicle and luxury model. Each category has five finalists except World Car, which has 10. One brand conspicuous by its absence in any category: Tesla. The winner in each is scheduled to be crowned March 27 at the New York International Auto Show in Manhattan. This year marks the 20th year of the World Car Awards and the partnership with the New York show. The selection process involves 100-plus automotive journalists from 29 countries who vote, as they review and test-drive the eligible vehicles for the 2024 awards. Their journey is captured virtually on World Car TV. If youÂ’re counting, the brands that appear most on the six finals lists are Mercedes-Benz (four times), BMW (also four), Hyundai (three), and Volvo (three). HereÂ’s the full listing. A video clip showing all of them is here: World Car -BYD Seal / Atto 4 -Ford Bronco -Hyundai Kona / Kona Electric -Hyundai Santa Fe -Kia EV9 -Mazda CX-90 -Subaru Crosstrek -Toyota Prius -Volkswagen ID.7 -Volvo EX30 World Car Design of the Year Ford Bronco Ferrari Purosangue Toyota Prius Volvo EX30 Zeekr X 2024 World Electric Vehicle BMW i5 Kia EV9 Mercedes-Benz EQE SUV Volkswagen ID.7 Volvo EX30 2024 World Luxury Car - BMW 5 Series / i5 - Lexus LM - Mercedes-Benz CLE - Mercedes-Benz E-Class - Mercedes-Benz EQE SUV 2024 World Urban Car  - Abarth 500e - BYD Dolphin - Lexus LBX - Suzuki Fronx - Volvo EX30 2024 World Performance Car - BMW M2 - BMW XM - Ferrari Purosangue - Hyundai Ioniq 5 N - Porsche Cayenne Turbo E-Hybrid

German judge 'inclined to dismiss' hedge fund lawsuit against Porsche

Last year, around two dozen investors, including hedge funds, leveled a 1.4 billion euro ($1.95 billion at the time) lawsuit against Porsche in connection with the automaker's attempted takeover of Volkswagen in 2008. The Stuttgart Regional Court dismissed the case. Around 19 of those plaintiffs are heading back to court to appeal the ruling and still hope to get 1.2 billion euros ($1.4 billion). However, according to one German judge, the chances for success aren't any better this time around. "On balance it's our view that we consider the lawsuit, or the appeal, to be unpromising for several reasons," Gerhard Ruf, a judge in Stuttgart, said to Reuters. "We are inclined to dismiss the case." The court's ruling on the appeal will be announced on March 26. The investors' case hinges on Porsche's strategy surrounding the botched takeover. The sports car maker said that it wasn't trying to control VW, when in fact it was. These hedge funds had bet against Volkswagen stock, but the share price surged when Porsche's plan inevitably came to light. Investors have sued the sports car company multiple times since then in attempts to recoup billions of dollars. However, none of the lawsuits have been successful, whether attempted in the US or Germany. Former Porsche CEO Wendelin Wiedeking and and CFO Holger Haerter might still stand trial for the alleged stock manipulation, though. News Source: ReutersImage Credit: Matthias Rietschel / AP Photo Government/Legal Porsche Volkswagen lawsuit hedge funds porsche lawsuit