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Chip Ganassi Racing switches to the Ford EcoBoost-powered Riley Daytona Prototype

Chip Ganassi Racing with Felix Sabates (CGRFS) announced yesterday at Ford's SEMA press conference that it will field a Ford-Riley Daytona Prototype with the 3.5-liter EcoBoost V6 in the 2014 United SportsCar Championship (USCC). CGRFS is the second team to commit to the new Ford-Riley car, behind Michael Shank Racing (which has already used the racecar to break a 26-year-old top-speed record at Daytona International Speedway).
"Over the last 10 seasons we have been able to experience a great deal of success in Grand-Am," Chip Ganassi says, "and now with the dawn of the new United SportsCar Championship we feel that Ford power will be a key ingredient to writing the next chapter of our sports car program."
In the last Grand-Am season, CGRFS raced a BMW-Riley Daytona Prototype. The team has won seven Daytona Prototype championships, all in the past ten years. Scott Pruett and Memo Rojas return as the team's prototype co-drivers, and will attend their maiden race in the Ford-Riley at the Rolex 24 at Daytona in January.

Ford Q3 pretax profits drop to $1.18B

Following positive third quarter financial results recently from General Motors, rival Ford took a tumble in Q3. The automaker posted pre-tax profits of $1.18 billion, compared to about $2.59 billion in Q3 2013, a drop of around 54 percent. Net income also suffered with $835 million made in the quarter, versus $1.272 billion last year, a decline of about 34 percent. The Blue Oval blamed the gloomy figures on three reasons in its release: "lower volume, higher warranty costs and adverse balance sheet exchange effects."
There were problems of one kind or another in practically every region. North America experienced higher warranty costs than expected, partially due to recalls. The sales volume for the quarter was 665,000 units, versus 725,000 in Q3 2013, and pre-tax results amounted to $1.41 billion versus $2.296 billion last year.
South America and Europe both posted worse pre-tax results than last year. On the bright side, European volume was up slightly to 321,000 vehicles, from 303,000 in Q3 2013. The Middle East and Africa also lost $15 million, but that was an improvement compared to the $25 million loss previously experienced in this region.

Ford Fiesta banned from SCCA autocrossing because of rollover risk

Autocross can be a great way to break into motorsports, especially at SCCA events that allow run-of-the-mill, street-legal vehicles to be run through the cones in parking lots across the country. But while a wide array of vehicles are eligible, not every one is. And now the Ford Fiesta has been removed from the list of qualifying vehicles in the Sports Car Club of America's Street category for solo events. The removal of the Fiesta was publicized in the latest issue of the SCCA's Fastrack News bulletin, which stated that, due to roll-over risk, Fiestas "do not meet the requirements and are to be removed" from the HS category of eligible vehicles. H Stock (or HS for short) is the lowest category of vehicles certified by the SCCA for use in sanctioned events. The disqualification applies to Fiestas from the 2011 model year onwards, and does not apply to the Fiesta ST, which remains eligible. Of course the Fiesta isn't the only model deemed ineligible for SCCA autocross events. According to Jalopnik, other small hatchbacks and crossovers including the Dodge Caliber, Fiat 500, Scion xB and iQ, Nissan Juke and Mini Countryman are also prohibited from competition. We've reached out to both Ford and the SCCA for clarification on the issue, and will issue an update if and when we receive any substantial information.