AD #2711 – Penske Buys IndyCar, Infiniti Will Offer Extended Range EVs, Ford Turns New Bronco Into Baja Racer

November 5th, 2019 at 11:48am

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Listen to “AD #2711 – Penske Buys IndyCar and Indy, Infiniti Will Offer Extended Range EVs, Ford Turns New Bronco Into Baja Racer” on Spreaker.

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Runtime: 9:05

0:07 Roger Penske Buys IndyCar & Indy MS
1:25 Germany to Boost EV Incentives
2:13 Infiniti Will Offer Extended Range EVs in U.S.
3:32 NYC Approves Tesla Model 3 Taxis
4:47 Ford Turns New Bronco Into Baja Racer
6:12 Magna Helps Semis Improve Aero
7:11 Wild Kia Concept Hints at Future
8:03 Toyota Reveals the Raize for Japan

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37 Comments to “AD #2711 – Penske Buys IndyCar, Infiniti Will Offer Extended Range EVs, Ford Turns New Bronco Into Baja Racer”

  1. Kit Gerhart Says:

    Tony Hulman bought the Indianapolis Speedway a few months before I was born. I’m not crazy about Penske having it, but he should have the resources to keep things going.

  2. ChuckGrenci Says:

    I wonder how Roger with segregate himself from the series that he/his teams compete in. Certainly no conflicts of interest can be inferred (or tolerated).

  3. Buzzerd Says:

    I think it’s fairly good news Penske bought the track. Having the resources to buy such a thing is one thing, it’s having the passion for the sport is what can lead to better things. When you have a corporation or investment fund of some sort purchase things like this I think is something to be scared of.

  4. Kit Gerhart Says:

    2 Penske owns, or has owned other tracks, including Michigan. I think he has generally avoided conflicts of interest between his racing teams, and other businesses.

  5. Kit Gerhart Says:

    3 Living 50 miles from IMS, I have seen its ups and downs, but it has mostly done well during my lifetime. It was in shambles when Tony Hulman bought it in 1945, a few months before I was born, because it was completely abandoned during WW II. He, and his family have generally kept the track, and facilities in decent repair, and have made many updates over the years. I have no idea what Penske will want to do, but as far as I’m concerned, not much is needed. It would be cool, though, if he could bring an F1 race back to Indy. That’s probably not likely, though, because the drivers didn’t like the track very well, and the international visitors weren’t that crazy about the city of Indianapolis.

  6. Buzzerd Says:

    @5 it may need nothing but when non enthusiasts purchase such things you see profits being the primary focus. Beer, food, ticket prices tend to slowly but steadily creep up and track maintenance slow down.
    I saw that happen at BIR.

  7. Lambo2015 Says:

    Penske did some great things with MIS. In 1998 I was in the Motorsports garage where all 9 Indy cars were being maintained. 3 for each driver Unser jr, Fittipaldi and Tracy. They also had Rusty Wallace’s NASCAR in there as he was racing for Penske at the time too. A very cool visit as I knew someone that worked there. I’m sure Indy will benefit from his ownership.

    Its surprising to see the EV semi’s designs favor COE (Cab over Engine) Something that has pretty much gone obsolete in the US since overall length was changed to 75 feet. I think in 1976.
    Many people also would think the flat nose semi’s would be less aero-dynamic than ones with noses but the flat nose are actually better. which is probably why the EV’s favor that design and also because they are still very popular in Europe and Australia.

  8. Sunrack Says:

    The racing Bronco “R” looks like it is based on a 4-door unless the 2-door also has a long (~118″) wheelbase. It would be nice if the 2-door version has longer front doors (or rear-hinged half doors) for good rear egress. Since the top will be removable the doors should have frameless roll-down glass.
    I’m also excited to for the 7-speed manual and hope it gets at least a 20% take rate.

  9. ChuckGrenci Says:

    With COTA in Texas fairly well received, and slated to be repaved over the winter, it should remain a premier stop for Formula 1. COTA also is used as a racing facility for other venues which Indy failed to do for the longest time and suffered because of it. There has been some rumblings of a second F1 race in the future but Miami has been on the forefront for that. That, along with the less than universal like of Indy by F1 leaves me to believe Indy has its work cut out for them although if anyone could lead the way, it would be Penske.

  10. Kit Gerhart Says:

    9 Yeah, I doubt if there will be F1 at Indy again any time soon, if ever. From what I hear, the drivers like the COTA much better.

    For about 85 years, the only race held at the Indy track was the 500, I don’t know if that was to avoid “diluting” the 500, or if there were other reasons. The Nascar race started in 1994. There is a great museum on the property, and groups can arrange to drive their cars around the oval, at about 20 mpg.

    I’d think the road course might be ok for club “track days,” using the configuration they used by Moto GP for a few years. I suspect the F1 configuration would be too risky, with amateurs heading for walls at 150 mph, but as I remember, the bike configuration would be safer. We’ll see if Roger might want to do something like that, which hasn’t been done in the past.

  11. Lambo2015 Says:

    For the regulars: Last week we were discussing the UAW workers salary which brought up global competition on pay and how we are moving toward a global economy with internet sales from sites like Amazon and E-bay and how this makes the US compete with the world. That somehow got on the topic of paying sales tax which most states have not kept up with technology.
    Just happen to see this today and found it interesting.

  12. Buzzerd Says:

    A repave at COTA, that can’t be cheap. And what happens when the bumps return? Cause it sounds like they will.

  13. Kit Gerhart Says:

    12 Maybe they should have used bricks for COTA. The ones on the front straight of IMS were

  14. Kit Gerhart Says:

    13 …the racing surface on the front straight until 1961, while COTA ‘s pavement lasted only, what, 7 years?

  15. Kit Gerhart Says:

    That’s 52 years of use for the bricks.

  16. Buzzerd Says:

    I read an article about COTA a while back. It sounds like they were warned about the clay that is in the area, bad bad clay. Anyhoo, when they built the track I believe they excavated about 8 feet down and back filled with gravel, BOOM! job done….. And the bumps came anyway.

  17. Kit Gerhart Says:

    I just read that erosion, caused by the floods 4 years ago, was responsible for the bumps.

  18. Larry D. Says:

    Apparently youtube does not work well or at all here, so I will not see the video of the show, just the transcript which is immediately visible.

    And for today’s show, I did not missed much.

    About 9 of the 10 items taken together, are not as important as the one item I reported yesterday, which is not the German subsidies to BEVs, but their plan to increase the charging stations from a pittance today ( 20,000) to a MILLION in 10 years.

    Also, it is NOT 100% true that when incentives run out, BEV sales plummet. IT may be true for the LOSERS (Leaf, Bolt, assorted Jag, German or… VOlvo BEV if any), but NOT for any Tesla, not even for the mass market Model 3, which I see continues its triumphs every day (this is why you did not hear from the usual suspects today)

    In other news, Penske, BIG yawn, Infiniti nonsense (another 100% guaranteed loser from cheap junkmaker Nissan), next AAH – Major Yawn, Bronco-Magna-Kia: Super Yawn.

    Tesla Taxis: THey are already a huge success in Europe, now after a long time, even third world USA catches up… But the Model 3 is not the ideal Tesla Taxi. They used the S in Amsterdam before the 3 became available, but the X and the Y will make far better ones.

  19. Kit Gerhart Says:

    18 Model 3 is not an ideal taxi, but costs about half as much as an S. Yeah, the Y should make a good taxi, more room than a 3, and maybe not a lot more expensive. Of course, if the bodies and suspension hold up so they can remain in taxi service 15 years, the initial cost doesn’t matter much.

  20. Kit Gerhart Says:

    Audi and Jaguar killing Model X in Norway.

  21. Larry D. Says:

    GM woes to continue in NOV

    20 Not for long.

  22. Larry D. Says:

    19 also in NY the biggest by fart cost to own a taxi is to get the license or “medallion” which should be in the half million $ range.

  23. cwolf Says:

    I know many prior co-workers were unhappy with the UAW. Now that the contracts are near complete, I guess many workers have voiced their distain. I guess the new leader got the message:

    This is for you, Larry. And don’t be bashful; look at yesterdays comments that correct your misconceptions.

  24. Larry D. Says:

    20 I now looked at the link. I am amazed they bought as many Jags, also Audis. Comparing with just the model X may make sense because they are the same type, but the X is a 5 year old model and the two others are new. Once the initial excitement recedes, both the Audi and esp the Jag should drop. They are not impressive. They must be heavily subsidized to do so well.

    esp when the Y is on sale there, they will disappear.

    I remember Musk on 60 min being interviewed by great-granma Leslie Stahl (what a car person!) and he claimed that if another maker produced a better BEV than Tesla, he would be very happy.

  25. Larry D. Says:

    23 You seriously think I am going to read anything you write or link? From an apologist of the CORRUPT UAW Leadership again and again? Don’t count on it.

    I’d rather go devour my buffet breakfast, 40% western, 60% chinese, and my big meal of the day here. (it’s 6:55 AM Now here)

  26. Kit Gerhart Says:

    21 The Y will probably become the top selling Tesla in Norway, and probably many places, when it becomes available. For now, the e-tron and i-pace cost less than the X, and may have better build quality. Most versions of the X have more range, but I get the impression that Norway has chargers everywhere, so range doesn’t matter much.

  27. cwolf Says:

    25) I guess if you are unwilling to get a taste of honest facts, instead of the false claims you made yesterday, reading these links will make you puke!

    Like I said; We are very lucky to have you share your prima donna wisdom with the Chinese.
    Can’t think of a better way to really FU$K’em Up! You might even cause more damage than the worse computer virus.

  28. cwolf Says:

    Larry, I did a blog on you since your China visit. There was only one word, probably due to kindness or restrictions.
    It is; “ZIFU DE.”
    In translation it means “POMPOUS”
    I tell you what, the Chinese are just as wise as we are!

  29. Ctech Says:

    Unless I am mistaken, didn’t Penske try to buy Indycar and the Speedway back in the 70′s before CART was formed?

  30. Bobby T Says:

    23,25,27: Here we go again.

  31. Ctech Says:

    The Jaguar I-Pace is very nice. Looking forward to seeing how it holds its value over the next few years.

  32. cwolf Says:

    30) Bobby T, I sincerely apologize.
    Though warranted, I should have exercised more restraint.

  33. Larry D. Says:

    This is a great time to be in Shanghai, sunny and warm every day, warmer than usual this time of year, still short sleeves for me every day.

    Today I had some interesting meetings, my assistant took me to lunch drove me back to the hotel, he bought a Chinese-made Plug-in Crossover last May 2018, it has 80 km range on pure electric, and it also paid zero license fee in Shanghai, while ICE cars have to pay 100,000 Yuan (=$15,000 US!). It was a great vehicle, substantial in size and very good interior quality, fit and finish, impressive.

    Each University or COllege in China has two chairs, the academic one and the Communist party one. I was invited here by the Dean of the College, who I know since before 2016, and Today at lunch we ran into the Communist Party Chair of the same College (2,000 students or so). He was around 40-50, balding, fit, and seemed happy to meet me, but did not speak a word of english. I later heard he studied Medicine (Surgery). Comes in handy when you got some unrepentant Chinese UAW heads to chop off! (but wait, there are no unions in Communist Paradise!)

  34. Larry D. Says:

    23 You know I read the Automotive News stories every day, I get them by email daily, so I already have seen your link. So what? It is just PROMISES. The proof is if THIS TIME they will be KEPT.

  35. Kit Gerhart Says:

    31 The iPace gets mostly pretty good reviews. It’s quick, 0-60 in 4.3 seconds in CR’s test, the same as they got with a manual C7 Corvette, and quicker than any other EV they have tested. They have not tested the “performance” versions of Tesla S or 3, which would be quicker. In areas of comfort, it was generally pretty good. EPA range of 235 miles is better than e-tron, but not as good as Model X.

    33 It looks like there must be a lot of available charging in Shanghai, since they are selling plug-in vehicles with only 80 km range. Actually, cars like that would work for a lot of people in the US, who can charge at home, and the cars would be cheap to make with the small batteries.

    I’m surprised the party guy over there didn’t know English. It’s the primary international language of business and aviation, but I guess not communist politics.

  36. Lambo2015 Says:

    23 Seems almost ridiculous that Rory would even have to make a statement that he expects, what should have been expected from the beginning. Holding the UAW to the highest standards of conduct when really all that was needed was some proper ethics. Of course he will expect the highest standards with the DOJ in their shorts and a magnifying glass on them for the unforeseeable future. I find it difficult to believe that Gary Jones was able to take close to 1 Million and the Vice not know. Hopefully he is a stand up guy and gets the UAW back on track.

  37. Larry D. Says:

    Commuting distances are apparently much smaller than in MI in the Shanghai area. My pickup with he Caddy XT5 told me they don’t live on campus so they can’t walk to work but have to commute 6 km. I thought I misheard so I asked her “6 or 60?”

    The College CP Chief has his office a floor above mine, I may drop by to check his proficiency in English, but I bet I have first to go past his secretary.