7 Articles
Oct 17, 2020 Motorsports
Vietnamese Grand Prix F1 race canceled due to COVID-19 pandemic

Hanoi city authorities had hoped to hold the race in November

Vietnam's first Formula One grand prix has been officially cancelled due to the COVID-19 pandemic, organisers said on Friday. The Vietnamese Grand Prix was originally scheduled to take place in April on the streets of Hanoi as the third race of the season, but sources told Reuters in March that it was under threat. "This has been an extremely difficult but necessary decision to reach in view of the continued uncertainty caused by the global coronavirus pandemic," Vietnam Grand Prix Corp said i

Reuters
Oct 17, 2020 Report
VW raises Navistar bid to $44.50 per share to clinch trucks deal

Traton would pay about $3.7 billion for the shares in Navistar it doesn't already own

A successful merger would combine the MAN, Scania and Volkswagen trucks brands with Navistar to create a global manufacturer, at a time when the industry is seeking ways to share the costs of developing low emissions technology. At $44.50 per share, Traton would pay about $3.7 billion for the shares in Navistar it doesn't already own, valuing the U.S. business as a whole at around $4.4 billion. "Traton SE and the U.S.-American truck manufacturer Navistar International Corporation, in which Tra

Reuters
Oct 17, 2020 ETC
Pirelli shares how it designs tires in the midst of a pandemic

High-tech simulations replace lots of on-road testing

When the coronavirus pandemic forced Italian tyremaker Pirelli to temporarily shut its factories in March, R&D chief Pierangelo Misani needed a rapid rethink. With a new range of products due to be launched by early next year at the latest, Misani scrambled technicians and IT teams to get more research and development shifted online so locked down engineers could test materials and tyres virtually. The pandemic has disrupted production and sales for tyremakers worldwide - Pirelli's r

Reuters
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