Ford's 'racer in chief' Jim Farley bets big on Red Bull F1, enthusiast Mustang and Bronco products [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
The company, along with partner Oracle Red Bull Racing and sister team Visa Cash App Racing Bulls, is set to reveal its latest F1 cars at Ford's Season Launch event in Detroit on Thursday night. Ford and Red Bull are partnering on engine development, a complicated affair in F1 where the power unit, as it is called, combines a turbocharged six-cylinder engine with hybrid battery power, plus all the software and tuning that go along with it. Ford isn't the only US automaker at the highest end of motorsport. General Motors' ( GM ) entry into F1, Cadillac F1 Racing, hits the starting grid this year at the first race in March. For Ford, racing is a major part of the business, not just a marketing exercise, as some have said of other brands getting into motorsports. That's why the Dearborn, Mich.-based automaker unveiled two enthusiast products, the Mustang Dark Horse SC and Bronco RTR off-road SUV, at this year's auto show. "We're going in a different direction now. We really want
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- Ford's 'racer in chief' Jim Farley bets big on Red Bull F1, enthusiast Mustang and Bronco products [Yahoo! Finance Canada]Yahoo! Finance Canada
- Halper Sadeh LLC Encourages General Motors Company Shareholders to Contact the Firm to Discuss Their RightsBusiness Wire
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