Ford is returning to Formula One after more than two decades as a partner to reigning champions Red Bull Powertrains. The automaker will reenter F1 in 2026, when new regulations will require teams to use fully sustainable ethanol as fuel and increase electrical power by as much as 50 percent. Audi also plans to join then,
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4:53 AM ET F1 boss Stefano Domenicali’s bizarre no-show on stage at Red Bull’s season launch was due to a last minute decision not to steal the limelight from the confirmation of the Ford partnership. Domenicali created the viral moment of Red Bull’s car launch at Manhattan’s Classic Car Club on Friday, as he failed
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Despite many lidar companies going public in recent years, via the special purpose acquisition company process, the industry has taken a hit with some companies shutting down or being acquired over the past year. Lidar technology, which stands for “light detection and ranging,” uses lasers to map the environment. The reliability and cost of the
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A pair of Automotive News Europe Rising Stars have had a successful start to 2023. Onto CEO Rob Jolly’s electric car subscription service has raised 100 million pounds ($121 million) to help it expanding its EV fleet in the UK. The credit funding line comes from global investment group CDPQ and independent asset manager Pollen
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2:11 PM ET NEW YORK — On Friday, Ford announced its return to Formula One as a partner of Red Bull’s nascent powertrains division. The deal will see the famous Blue Oval back on the F1 grid from 2026 onwards, although its involvement in F1 will remain a step short of the likes of Mercedes,
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