Renault could sell 40% of its F1 team to Russian investors

A few weeks back, Toyota announced its departure from Formula One, and it looked like Renault could follow. The team had lost its drivers, its team leaders, its sponsors and its reputation. The French automaker's board convened in France to discuss the matter, but no announcement followed, leaving everyone scratching their heads. Well if the latest rumors hold any truth, we could have our reason.

While the decision may have seemed fairly black or white (should I stay or should I go?) there are plenty shades of gray for Renault to choose from. One option would have been to sell or shutter its team while continuing to supply engines, but now another possibility has emerged: for Renault to sell part of the team but keep the rest.

The reports stem from Turun Sanomat, one of Finland's largest daily papers, which suggests that the French automaker could sell as much as 40 percent of the team to an unnamed Russian company. The move would help Renault raise some much-needed capital to continue its involvement in the sport, but could come with strings attached, including placing GP2 runner-up Vitaly Petrov in a race seat beside Robert Kubica. Considering the hot water Renault's already in with the Russians and how poorly the country's last venture into F1 went, they could prove hesitant, but then Ghosn and company might not have any better options.

Chrysler pledges to be quality leader by 2012

A quick glance at recent Consumer Reports or JD Power data shows that the Pentastar has a big problem on its hands, but the new Chrysler says that will change in a big way by the end of 2012. Chrysler is planning to be a quality leader in only three years by dramatically increasing staffing levels in its quality team while working to dramatically clean up its engineering processes. Just one year ago, there were only 200 staff members on the quality team. Chrysler is now hiring 200 additional workers and shifting head count to beef up its quality team to over 1,700.

Quality boss Doug Betts, who was hired from Nissan during the Cerberus acquistion, tried to address quality before the automaker descended into bankruptcy, but Chrysler's woeful money situation led to the postponement of the Pentastar's long overdue quality renaissance. With bankruptcy in the rearview mirror and Fiat's full blessing to dig deep to fix Chrysler's competitive disadvantages, Betts now has the tools needed to make drastic changes. And some progress has already been made.

For starters, Chrysler has cut per-vehicle spending by $240 million, and warranty spending is down 30 percent to an all-time low. In 2008, 75 percent of all quality problems were design issues, and that number has reportedly dropped to 50 percent this year though better engineering. The factory floor is also receiving attention, as Chrysler is adopting Fiat's "world class" manufacturing system.

Chrysler has also made several departmental shifts to give workers more autonomy to make changes faster. In the past, problems were shifted from one department to another, resulting in an average delay of 71 days to fix a problem. Now cross-departmental teams are organized by 14 vehicle groups, like brakes or transmissions instead of by model alone. Many of the quality fixes will occur as Chrysler unveils new or heavily updated products between now and 2013. The Detroit News reports that 75 percent of all models will receive heavy duty attention within the next 14 months, and all vehicles will be updated by 2013.

Valentino Rossi drives the BMW M3 GTS

Valentino Rossi drives the BMW M3 GTS – Click above for high-res image gallery

After securing his record ninth MotoGP title, there's little doubt that Valentino Rossi is the fastest man on two wheels. And BMW has acknowledged the Italian rider's speed by awarding him a brand-spankin'-new M3 sedan.

The German automaker is a sponsor of the motorbike racing series, providing organizers with safety cars and other vehicles, and even using it to debut the new X6 M crossover earlier this year. And every year BMW gifts a car to the rider who proved the fastest in qualifying over the course of the season. Rossi's won the "M Award" five times now, but before he drove off in his new V8 sports sedan, BMW gave him a rare opportunity to sample the new hardcore M3 GTS.

So what did the fastest man on two wheels think of the fastest Bimmer on four? Quite a lot, apparently, as the multiple world champion said he wants to be first on the list when the M3 GTS goes on sale next year. That's quite a glowing endorsement, and all it cost them was a test drive. Click on the thumbnails below for a high-res image gallery.

Gallery: Valentino Rossi drives the BMW M3 GTS

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Audi will pull the sheets off the all-new 2011 Audi A8

Audi pavilion at Design Miami - Click above for high res image gallery

Audi's centennial celebration is winding down, but the German brand isn't quite ready to switch off the lights. There's at least one more big model debut planned for its 100th anniversary, and in just over a week Audi will pull the sheets off the all-new 2011 Audi A8. Although the uber-sedan will take the stage at the LA Auto Show in two weeks, the world will get its first official look on the opposite coast at Design Miami.

Audi has erected a special temporary art museum for the design show, providing a backdrop for the unveiling of the brand's new flagship. According to Audi, the sedan will be surrounded by an exhibit from the Rubell Family collection called "Beg Borrow and Steal." There will also be an installation called the "Light Light" made of LEDs and aluminum -- a fitting tribute to the new A8's aluminum structure and LED lighting. So far, all we have is images of the Audi pavilion and a few teasers of the sedan, so stay tuned for more next week.

Ford Mustang captures Grand-Am Koni Challenge

2009 SPEED World Challenge GT at Mazda Raceway Laguna Seca - Click above for a high-res image gallery

With various racing series coming to a close this month, the Mustang has proven its worth on track by bringing home two major road racing championships. This past weekend Brandon Davis secured the 2009 SCCA SPEED World Challenge GT title in only his second season with a fourth place finish at Mazda Raceway Laguna Seca. Davis, who was racing in the new 2010 ACS Mustang that debuted a few weeks earlier at Road Atlanta, only needed to finish in eighth place to guarantee the championship and beat out Porsche driver James Sofronas.

In the Grand-Am Koni Challenge series, the Mustang FR500C also captured not only the driver title, but also the team and manufacturers' championships for the second straight year. Rehagen Racing sat atop the driver and team points lead with a sixth place finish at Virginia International Raceway, and the win by JBS Motorsports helped put Ford just one point ahead of BMW in the manufacturers' standings. Mustangs won five races during the 2009 season and finished on the podium eight out of eleven races.

We didn't make it out to VIR for the Koni Challenge race, but we were on hand at Mazda Raceway Laguna Seca to watch the SPEED World Challenge race with cameras at the ready. Check out the high-res gallery below, or tune into SPEED TV on November 3 at 2:00 pm EST to watch the race yourself.

Gallery: 2009 SPEED World Challenge GT at Laguna Seca

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China says Hummer paperwork not submitted yet

2009 Hummer HX concept – Click above for high-res gallery

Last week, it was reported that General Motors had signed a definitive agreement to sell Hummer to Chinese machinery manufacturer Tengzhong. The Chinese company and its partner in the deal, Lumena Resources Corp., would pay $150 million and receive Hummer and its intellectual property, ownership of U.S. franchise agreements, and manufacturing, business, and component assistance during a four- or five-year transition period.

The questions being raised now concern what is happening on the other side of the Pacific. The Chinese Commerce Ministry reportedly hasn't received Tengzhong's application to officially bring Hummer home, which has led observers to wonder if there will be a holdup or reversal of the deal. According to a Hummer representative, however, Tengzhong had to finalize the deal with GM before it could present it for approval to the Chinese authorities:

The closing of the transaction is subject to customary closing conditions and regulatory approvals and/or review by agencies in China and the U.S. Tengzhong has started communicating with the relevant regulatory bodies and will continue to support the application process in accordance with the requirements. Formal engagement was only able to begin with the signing of the definitive agreement.

If all goes well, Tengzhong hopes to have the deal closed by early 2010.

yells Tanner Foust in the general direction of the gathered

Autoblog goes drifting with Tanner Foust – Click above for high-res image gallery

"It feels like I'm down on power!" yells Tanner Foust in the general direction of the gathered throngs containing both his crew and assorted media. Tanner and myself are currently five-point bolted into his new stock car-engined Formula D Scion tC. We've just exited an aborted lap around the Toyota Speedway at Irwindale because something – so says Foust – is amiss with the car.

Rockstar Energy Drink Drift captain Stephan Papadakis comes charging towards the Scion and begins earnestly, if not frantically, checking the car's vitals through the steering wheel's digital readout. Steph floors the motor a few times, checks the numbers and exasperatedly tells Foust that everything looks fine. "Oh," says Tanner, patting me on my beer belly. "Must be him." Very funny, jerk.

Gallery: Autoblog Goes Drifting with Tanner Foust

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