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Mazda RT24-P brings KODO style to the Rolex 24 at Daytona

In addition to its new CX-5 crossover, Mazda revealed its new racecar, the RT24-P, at the Los Angeles Auto Show. The car has been designed for the Daytona Prototype international (DPi) class in IMSA's WeatherTech SportsCar Championship and will make its racing debut at the Rolex 24 at Daytona. It was designed using Mazda's KODO design language, which the brand has so successfully applied to its road-going cars. The racer's relation to Mazda's production cars is made obvious by the small five-point grille at the tip of the RT24-P's nose. While plenty of credit needs to go to the stylists and aerodynamicists at Mazda and Multimatic, one of the companies Mazda partnered with on the car, some of the credit needs to go to IMSA's new DPi rules for 2017. The new DPi class is very similar to the LMP2 class that it competes with in the WeatherTech series, with some noteworthy differences. The DPi class allows manufacturers to create unique bodies and engine packages for one of the four chassis available. The LMP2 class requires competitors to use the chassis companies' bodies, and are restricted to one engine package. View 14 Photos As for the powertrain, the Mazda RT24-P uses a turbocharged 2.0-liter four-cylinder that puts out roughly 600 horsepower. Mazda used the same engine in its P2-class race car last season. Mazda's body and engine will ride atop a chassis developed by Riley Technologies and Multimatic. You may remember that latter company as the one that developed the awesome spool valve shocks on the Chevrolet Colorado ZR2. The RT24-P will be campaigned by Speedsource, a company that has been racing Mazdas in American endurance racing for years, including last year's P2 cars. Considering Mazda's success in making such a cool race car, we're excited to see what other manufacturers do with the extra design freedom of the DPi class. Both Chevrolet and Ford competed last year in the WeatherTech prototype class with Daytona Prototype-style cars, and Honda competed with an LMP-style racer. Depending on what other makes decide, this year's WeatherTech line-up could have some nifty designs. Related Video: Related Gallery 2017 Mazda RT24-P race car View 9 Photos News Source: Mazda, IMSAImage Credit: Live photos copyright 2016 Drew Phillips / Autoblog Motorsports LA Auto Show Mazda Racing Vehicles Videos Original Video 2016 LA Auto Show

4 automakers agree to $553M settlement of Takata airbag claims

WASHINGTON (Reuters) - Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million vehicles with potentially defective Takata airbag inflators, according to court documents filed on Thursday. Toyota's share of the settlement costs is $278.5 million, followed by BMW at $131 million, Mazda at $76 million and Subaru at $68 million. According to a press release from Plaintiffs' Committee for Takata Airbag Product Liability Litigation, the funds for the settlement are aimed at getting more cars with faulty airbags fixed. At the time of writing, Toyota had the greatest recall completion percentage of 31.89 percent followed by Subaru with 31.37 percent. Mazda has completed repairs on 18.16 percent of affected cars, and BMW brings up the rear with 16.48 percent completion. Some settlement funds will go to an outreach campaign to increase awareness, while other funds will be used to reimburse people for any costs accrued to get their cars fixed. These costs can include rental cars, child care, lost wages, or any other reasonable costs associated with bringing in a vehicle for repairs. Furthermore, a customer support program will be funded with settlement money to handle any additional repairs or adjustments that could become necessary in the 75,000 miles following the airbag replacement. Lawsuits against Honda, Ford and Nissan have not been settled, lawyers said. Takata inflators, which can explode with excessive force and unleash metal shrapnel inside cars and trucks, are blamed for at least 16 deaths and more than 180 injuries worldwide. The safety defect has prompted recalls worldwide of about 100 million inflators by more than a dozen major automakers. Reporting by David Shepardson, additional details by Autoblog's Joel StocksdaleRelated Video: Government/Legal BMW Mazda Subaru Toyota

Mazda MX-5 Miata Cup racecar priced at $53,000

The 2016 Global MX-5 Cup is one of very few internationally competitive racing series that the average person can imagine (or afford) getting into. The ready-to-race Miatas are available to order now for $53,000 and deliveries are set to begin later this year. The first one is actually already on track as a pace car at Mazda Raceway Laguna Seca. With competition planned in North America, Europe, and Asia, all of the cup cars are identically prepared to emphasize drivers' skill rather than their bank account. The full list of Cup components hasn't been announced yet, but the roll cage and stripped interior are obvious. The 2.0-liter SkyActiv four-cylinder is still under the hood, too. The Global MX-5 Cup will also offer competitors big rewards, including a $200,000 scholarship for the season champion to move another rung up the motorsports ladder. In addition, Mazda will bring together the top racers from across the world to Laguna Seca to crown a series world title holder in a finale event. That winner will get a test In Mazda's prototype from the IMSA Weathertech SportsCar Championship. For now, Mazda is giving first priority to buyers planning to compete in its series. In the future, buyers of MX-5 Cup cars have other competition options, being eligible for some classes in Sports Car Club of America and National Auto Sport Association racing. Related Video: Mazda Announces Global MX-5 Cup Race Car Pricing - Initial Orders Being Accepted for the $53,000 Ready-to-Race 2016 MX-5 Miata - Oct 1, 2015 IRVINE, Calif., Oct. 1, 2015 /PRNewswire/ -- The Mazda MX-5 Miata is the most road-raced production car in the world. The reason is simple - great performance at an affordable price. The new Global Mazda MX-5 Cup race car follows that formula, and will be Mazda Motorsports' first-ever ready-to-race MX-5 Miata. The new race car will be available at the special introductory price of $53,000. The race car ordering process begins on www.MazdaMotorsports.com with first deliveries scheduled to begin later this year. 2016 Global Mazda MX-5 Cup Race Cars Having a turnkey, ready-to-race car removes the effort of engineering and costs of fabrication, enabling the racer to focus on racing. All racers can purchase identically-built race cars so that driving talent will be the number one determining factor for on-track performance, rather than budget, engineering capability or fabrication skills.