Motor Sports

The Indy Autonomous Challenge Returns to the Indianapolis Motor Speedway on September 6, 2024

Retrieved on: 
Thursday, May 2, 2024

“The Indianapolis Motor Speedway was originally built as a test bed for early automobiles,” said J. Douglas Boles, President of IMS.

Key Points: 
  • “The Indianapolis Motor Speedway was originally built as a test bed for early automobiles,” said J. Douglas Boles, President of IMS.
  • “For many Hoosiers, your first trip to the Indianapolis Motor Speedway is a rite of passage,” said Indiana Secretary of Education Katie Jenner.
  • Companies, governments, universities, and non-profits interested in participating in the Indy Autonomous Challenge at IMS can contact [email protected] .
  • General attendees who would like to attend the race event can purchase tickets on the Indianapolis Motor Speedway website starting May 2nd, 2024.

MVMT, a Movado Group, Inc. Brand, Ramps Up Partnership with World Champion Motocross Racer Jett Lawrence

Retrieved on: 
Wednesday, May 1, 2024

MVMT , the Venice Beach watch brand owned by Movado Group, Inc. (NYSE: MOV) who just celebrated their ten year anniversary of modern, unexpected watchmaking, is going full speed ahead with its partnership with World Champion Motocross Racer, Jett Lawrence.

Key Points: 
  • MVMT , the Venice Beach watch brand owned by Movado Group, Inc. (NYSE: MOV) who just celebrated their ten year anniversary of modern, unexpected watchmaking, is going full speed ahead with its partnership with World Champion Motocross Racer, Jett Lawrence.
  • Brand, Ramps Up Partnership with World Champion Motocross Racer Jett Lawrence.
  • At 20 years old, the Australian racer has been on a record-breaking winning streak over the last couple years.
  • In partnership since mid-2022, Lawrence and MVMT are ready to announce more collaborations later this year.

Advance Auto Parts Offers Race Fans Once-in-a-Lifetime Trip to Attend Indianapolis 500, Coca-Cola 600

Retrieved on: 
Wednesday, May 1, 2024

Race fans can enter up to three times per day during the program.

Key Points: 
  • Race fans can enter up to three times per day during the program.
  • For race car drivers, doing the double involves competing in both the Indianapolis 500 and Coca-Cola 600 in the same day.
  • He finished on the lead lap in sixth at the Indianapolis 500 before jetting off to Charlotte for the Coca-Cola 600.
  • Advance is thrilled to work alongside our partners at NASCAR, INDYCAR and Indianapolis Motor Speedway to give two race fans the memory of a lifetime.”

Sonic Automotive Announces Retirement of Rachel Richards and Promotion of Dino Bernacchi to Chief Marketing Officer

Retrieved on: 
Tuesday, April 30, 2024

Sonic Automotive, Inc. (“Sonic’’ or the “Company”) ( NYSE:SAH ), a Fortune 500 Company and one of the nation’s largest automotive and powersports retailers, today announced the retirement of Rachel Richards as the company’s Chief Marketing Officer (CMO).

Key Points: 
  • Sonic Automotive, Inc. (“Sonic’’ or the “Company”) ( NYSE:SAH ), a Fortune 500 Company and one of the nation’s largest automotive and powersports retailers, today announced the retirement of Rachel Richards as the company’s Chief Marketing Officer (CMO).
  • Dino Bernacchi will be promoted to Chief Marketing Officer of the company effective May 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240430693488/en/
    Rachel Richards joined Sonic Automotive in 2006 as the company’s Vice President of Retail Strategy and became the company’s first Chief Marketing Officer in 2014.
  • Upon this promotion, Bernacchi assumes responsibility for Sonic Automotive’s franchise dealership marketing and retains marketing responsibility for EchoPark Automotive and Sonic Powersports.

The Empire State Building Partners with WhatsApp and Mercedes-AMG PETRONAS F1 Team to Produce Dynamic Light Show, Fifth Avenue Demo Run, Exclusive Pop-Ups, and More

Retrieved on: 
Wednesday, May 1, 2024

The chance for F1 fans to participate continues this week with an exclusive opportunity to see firsthand iconic Mercedes-AMG PETRONAS F1 Team cars and an immersive emoji experience.

Key Points: 
  • The chance for F1 fans to participate continues this week with an exclusive opportunity to see firsthand iconic Mercedes-AMG PETRONAS F1 Team cars and an immersive emoji experience.
  • “It is great to welcome Lewis Hamilton and Toto Wolff to this WhatsApp partnership, only at the Empire State Building Observatory Experience,” he continued.
  • On April 29, ESB debuted a dynamic WhatsApp x Mercedes-AMG F1 race in lights that featured the brand-new emoji race car.
  • Visitors to the Empire State Building Observatory can view a life-size emoji car and pit stop on the building’s 80th floor.

RTL Luxembourg Deploys Verimatrix Streamkeeper to Protect Premier Auto Racing from Piracy

Retrieved on: 
Tuesday, April 30, 2024

As one of the region’s top media outlets, RTL looks to provide high levels of trust for its content owners while also maintaining protections for its associated revenue streams.

Key Points: 
  • As one of the region’s top media outlets, RTL looks to provide high levels of trust for its content owners while also maintaining protections for its associated revenue streams.
  • Verimatrix Streamkeeper Multi-DRM ensures the operator remains in control of its valuable digital assets and reduces costs and complexities that are all too common in other DRM schemes.
  • “From the first contact with Verimatrix to the go-live moment, very few interactions were needed,” said Tom Weber, CTO at RTL Luxembourg.
  • “Streamkeeper helps premier media organizations such as RTL gain the needed assurance that their foremost content is secure and protected against revenue loss.

TUM Races to Victory at ASPIRE’s Inaugural Abu Dhabi Autonomous Racing League at Yas Marina Circuit

Retrieved on: 
Sunday, April 28, 2024

TUM (Technical University of Munich) from Germany, claimed victory at the inaugural Abu Dhabi Autonomous Racing League (A2RL) , at Yas Marina Circuit on Saturday (April 27).

Key Points: 
  • TUM (Technical University of Munich) from Germany, claimed victory at the inaugural Abu Dhabi Autonomous Racing League (A2RL) , at Yas Marina Circuit on Saturday (April 27).
  • View the full release here: https://www.businesswire.com/news/home/20240428292385/en/
    TUM Races to Victory at ASPIRE’s Inaugural Abu Dhabi Autonomous Racing League at Yas Marina Circuit - (Photo: AETOSWire)
    Bringing a science experiment to the racetrack, the inaugural race pushed the boundaries of autonomous technology while adding entertainment value to extreme sports at an unprecedented scale.
  • Al Bannai, said: “Through the Abu Dhabi Autonomous Racing League, we've sparked a race revolution.
  • The inaugural event concluded with a spectacular display of fireworks and drones, illuminating the iconic Yas Marina Circuit.

Peugeot Sport Aims for the Endurance Racing Finish Line With Simulation From Dassault Systèmes

Retrieved on: 
Friday, April 26, 2024

Through a seamless connection of its design and simulation data in the cloud, Peugeot Sport was able to evaluate and optimize design ideas.

Key Points: 
  • Through a seamless connection of its design and simulation data in the cloud, Peugeot Sport was able to evaluate and optimize design ideas.
  • “Dassault Systèmes and its technology and expertise are at the center of our design and simulation.
  • It requires teams to have speed and precision,” said Laurence Montanari, Vice President, Transportation & Mobility Industry, Dassault Systèmes.
  • Peugeot Sport succeeded in developing a competitive hypercar with high endurance.”
    Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

Sonic Automotive Reports First Quarter Financial Results

Retrieved on: 
Thursday, April 25, 2024

Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") ( NYSE:SAH ), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") ( NYSE:SAH ), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2024.
  • During the quarter, our EchoPark Segment results exceeded our previously communicated target for breakeven adjusted EBITDA*, and we are excited to report all-time record quarterly EchoPark Segment adjusted EBITDA* for the first quarter.
  • We believe we remain well-positioned to adapt to evolving market conditions and position the Company for success in 2024 and beyond.”
    The financial measures discussed below are results for the first quarter of 2024 with comparisons made to the first quarter of 2023, unless otherwise noted.
  • For telephone access to this conference call, please dial (877) 407-8289 (domestic) or +1 (201) 689-8341 (international) and ask to be connected to the Sonic Automotive First Quarter 2024 Earnings Conference Call.

Making History: ASPIRE to Launch Inaugural ‘Abu Dhabi Autonomous Racing League’ Redefining Future of Extreme Sport on April 27

Retrieved on: 
Tuesday, April 23, 2024

This brand-new autonomous racing competition marks a significant milestone in motorsport history, billed as the largest league of its kind globally.

Key Points: 
  • This brand-new autonomous racing competition marks a significant milestone in motorsport history, billed as the largest league of its kind globally.
  • These cars will be autonomized with autonomous racing stacks developed and integrated by the Technology Innovation Institute (TII).
  • ADNOC has come on board as title sponsor, providing crucial support, underscoring the widespread enthusiasm for advancing autonomous racing technology.
  • The inaugural A2RL event is part of Abu Dhabi Mobility Week, running from April 24 to May 1.