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Mexican Formula One driver Sergio Perez will miss Sunday's British Grand Prix after testing positive for COVID-19, his Racing Point team said on Thursday. With Britain extending the virus isolation period to 10 days from seven on Thursday, Perez also looks set to miss the 70th Anniversary Grand Prix -- race five -- at the same circuit on the following weekend. Racing Point share reserves with engine supplier Mercedes, who have Belgian Stoffel Vandoorne and Mexican Esteban Gutierrez in those ro
Excluding the windfall from the investment in Pittsburgh-based Argo, Ford posted a loss that was lower than Wall Street analysts had forecast. German automaker VW closed its $2.6 billion investment in Argo last month. Ford said it expects a pre-tax profit of between $500 million and $1.5 billion for the third quarter and a loss for the fourth quarter, which features three significant product launches delayed by the coronavirus shutdown earlier this year.
The trial of ex-Nissan Motor Co executive Greg Kelly, who is charged with conspiring to under-report the income of its former chairman Carlos Ghosn, has been scheduled to start on September 15, public broadcaster NHK said on Thursday. Former Nissan Chief Executive Hiroto Saikawa will be among those who will appear at the hearing at the Tokyo District Court in September, NHK said. Kelly denies wrongdoing.