Valentino Rossi to race Ferrari at Vallelunga
Reigning seven time MotoGP world champion Valentino Rossi will drive a Ferrari 430 sporstcar in this weekend’s Vallelunga 6 Hours endurance race.
Donington Park Circuit Enters Administration
Donington Ventures Leisure Limited – the company that holds the lease to operate Donington Park – entered administration, it was announced on the Donington Park website today. The announcement came as the latest in the long saga of financial woes which started after DVLL was awarded a 17 year contract to host the British Formula One Grand Prix last year. That plan required raising a staggering 135 million pounds sterling, an ambitious prospect at the best of times, but nigh on impossible in the financial crisis which has engulfed the world since the contract was awarded. The failure of the debenture plan announced some three weeks ago, and the company’s future has been in doubt since them.
Yamaha President Resigns After Massive Profit Losses
In Tokyo on Monday, Takashi Kajikawa, Yamaha’s Motor President, announced his resignation following the news, in August, that Yamaha reported it’s net loss in 2009 would reach 182 billion Yen (£1.2 billion), that’s four times bigger than expected due to sluggish sales and a strong Yen.
Harley-Davidson closes Buell
On Friday afternoon Harley-Davidson dropped a bomb shell by announcing they would stop the production of Buell motorcycles and that no more Buells will ever be built again!
