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NASCAR has already aggressively trimmed expenses. Like many companies, teams have turned to layoffs: 600 to 800 workers from Sprint Cup teams have been let go since the end of last season. "It has served to cull the flock," says Steve Kalik, a team manager for Specialty Racing in NASCAR...
A good portion of the cutbacks can be attributed to the sport's success. "A couple or three years ago, you had so many new teams coming in," says team owner Rick Hendrick, who fields cars for Jimmie Johnson, Jeff Gordon and Dale Earnhardt Jr. "You had Toyota coming in...
American cars have $750 worth of steel in them, and they have $1,600 worth of health care. And if you look, all of our competitors have national health insurance. If we had that $1,600 go to the American manufacturers, you'd see us having the flushest automobile manufacturers...
Designed by Viennese architecture firm Delugan Meissl, the spaceship-like structure rests on only three pillars, making it appear as if the building is floating. At the museum's heart is a 60,280-sq.-ft. (5,600 sq m) exhibition hall housing around 80 cars - some of them are...
All of this history is on show in a historically significant location: the museum is in Stuttgart-Zuffenhausen, the otherwise obscure district where, in 1938, Ferdinand Porsche built the first VW Beetle, and, a year later, the 64 - the forefather of Porsche sports cars ever since. But you may prefer...