Genesis is heading to Le Mans. The luxury brand is developing a new hypercar to compete in that legendary 24-hour race and other events that are part of the World Endurance Championship. With the Korean manufacturer also set to introduce its new Magma performance line-up, this is raising questions about whether Genesis might also bring a production version to market.
Will it or won’t it? That’s the big question in the racing world this week as Toyota reportedly prepares to announce plans to reenter Formula 1 racing. It would mark a return after a failed effort ended 15 years ago. But Toyota is said to be partnering up this time, likely with the American F1 Haas team.
Ferrari is preparing to enter the EV wars but its inaugural model will command a hefty price tag with a new report revealing that it will start at over $500,000.
The Ferrari 812’s replacement retains V-12 power without the aid of or turbocharging or hybrid technology. As expected, Ferrari revealed the Ferrari 12Cilindri Friday in Maranello. Offered as a Coupe or Spider, the 12Cilindri models replace the Ferrari 812, and is...