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    Motorsports: $80M Ferrari deal would make Vettel world's highest-paid sportsman
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    Formula One is in for a big shakeup next season, as the only two multiple World Champions on the grid are kicking off a game of musical chairs. Just who will end up where has yet to be figured out, but the overwhelmingly prevailing wisdom has Sebastian Vettel, who has already announced his ...

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    Motorsports: Nico Rosberg signs new contract with Mercedes F1
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    When it comes to Formula One, you've got to admit that Mercedes has an eye for talent. When Honda pulled out of the sport, Mercedes swooped in and powered the Brawn GP team to the championship, then took it over and made two interesting hires to fill the race seats: an old talent in the form of ...

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    Motorsports: Canadian Grand Prix guaranteed for another ten years
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    Formula One racing comes and goes from the United States, meandering as it has between locations like Austin, Indianapolis, Phoenix and Watkins Glen. But the one stalwart of grand prix racing on this continent has been the Canadian Grand Prix. Held with only three exceptions (in 1975, 1987 and ...

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    Official: UAW ratifies new four-year Chrysler labor contract
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    Chrysler and the United Auto Workers have officially agreed to a new four-year labor contract as the rank and file have voted in favor of the new agreement. A total of 54.8 percent of all Chrysler UAW workers gave the agreement a 'yes' vote. The agreement helps keep wages in check for Chrysler, ...

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    Report: Details of Chrysler/UAW deal revealed
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    Details about the deal announced this morning between the Chrysler Group and United Auto Workers union have surfaced, and it's apparent that the smaller, less financially stable automaker has given away the least compared to similar deals already struck with the UAW by cross-town rivals General ...

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    Breaking: GM and UAW reach tentative labor agreement [UPDATED]
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    Contract negotiations between General Motors and the United Auto Workers have led to a tentative agreement on a new labor deal, pending ratification by membership. Specifics of the four-year contract, agreed upon last night at around 11:00 PM, have not been released, but in an official ...

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    Official: Ferrari renews Fernando Alonso's contract through 2016
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    Few things inspire as much rumor and conjecture as the hiring and firing of Formula 1 drivers. This one's going here, that one's staying there, one is hired and another is fired. But Fernando Alonso seems to have his seat secure for the foreseeable future. Scuderia Ferrari has announced that it ...

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    REPORT: BMW, Mini to let Mercedes-Benz inspect, prep its vehicles at port
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    The Mercedes-Benz Baltimore vehicle process center has secured a five-year contract to inspect, process, and repair pre-delivery BMW and Mini vehicles arriving in the United States. It's a deal that makes economic sense for both companies, say that automakers. BMW models currently arrive in ...

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    New contract between Ford and UAW voted down over weekend
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    What's good for the goose may be good for the gander, but what works for one country or automaker doesn't necessarily work for another. So while the Canadian Auto Workers union may have approved a new agreement with Ford, below the 49th parallel their compatriots apparently feel otherwise. Up ...

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    REPORT: UAW agrees to ban strikes?(!)
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    According to a post on The Detroit Bureau, a key stipulation in the tentative contract reached between the United Auto Workers and Chrysler is that the union's right to strike will be all but eliminated for at least the next few years.As quoted in the story, Harley Shaiken, a labor relations ...

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    Saab and Tata form joint venture to build... a fighter jet?!
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    The Swedish Airplane Company, or Saab AB, has been building aircraft since 1937. To diversify its business, the company started making cars in the late 1940s. Whether we cringe or not, Saab Automobile (the car division) has always reminded the public that its cars have fighter jet DNA (e.g., "Born ...

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    GM/UAW concession talks commence
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    To ensure long-term viability, General Motors has pledged an arm and a leg (and maybe an eye) to satisfy conditions imposed by the federal government after the automaker received billions in taxpayer-funded loans. In addition to reducing debt and condensing the number and type of vehicles it ...

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    The Finnish Line: Raikkonen says he'll end his career at Ferrari
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    Loyalty is not one of the qualities generally displayed in the Formula One circus. The market for grand prix drivers is as fluid as the Mediterranean, but Kimi Raikkonen says he's at home. The returning champion has two years left on his contract with Ferrari, and though he doesn't know what ...

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    Officially Official: Bridgestone signs exclusive deal with F1
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    Japanese tire-maker Bridgestone has been supplying every team on the Formula One grid since rival rubber company Michelin pulled out of the sport at the end of the 2006 season. But whereas Bridgestone had gone through 2007 as the exclusive tire supplier by default, the ink has now dried on the ...

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    BREAKING: Alonso signs with Renault
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    UPDATE: Official press release from Renault confirming Alonso's return can be read after the jump. var digg_url = 'http://digg.com/motorsport/F1_driver_Fernando_Alonso_returns_to_Renault'; Emerging reports confirm that Fernando Alonso has signed a two-year contract with the Renault F1 Team, ...

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    Canadian union calls Chrysler's actions "stupid"
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    Buzz Hargrove isn't mincing words about his opinion of Chrysler LLC's strategy. Calling the decision to send the Magnum and Pacifica models out to pasture and cut shifts and jobs at the Brampton, Ontario plant "stupid," Hargrove has said the Canadian Auto Workers aren't interested in the type of ...

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    Like father like sons: Mansell boys sign for Champ Car Atlantic series
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    History, they say, has a habit of repeating itself. That's certainly the way things have been looking in recent years as some of the greatest racing names in motorsport history have been making a comeback. But instead of the legends squeezing their aging selves into new racing equipment like so ...

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    Fast Move: Fernando Alonso leaves McLaren
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    It's official: Fernando Alonso won't be driving next year for McLaren. The double world champion just completed a tumultuous first season out of his contracted three years with the British team, but it was clear for all to see that the driver wasn't happy, and the team wasn't happy with its new ...

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    Breaking: Toyota F1 to sign Timo Glock for Ralf Schumacher's seat
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    It's that time of the year again, as the Formula One season winds to a close and drivers line up for new contracts. After Ralf Schumacher's departure from the over-funded but under-achieving Toyota F1 team, Felipe Massa was rumored to be heading over while Fernando Alonso assumed his seat at ...

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    Ferrari and A1GP sign six-year deal, announce new A2GP series
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    Following the news that Ferrari was in discussions with A1GP, the international racing series has announced that the two racing outfits have signed a six-year contract with Maranello. The terms of the agreement have Ferrari supplying the V8 engines for all the national teams competing in the ...

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