The FIA World Motor Sport Council has officially approved rule changes to the F1 2027 power units regulations. Having been provisionally agreed earlier in June, it is now official that there will be a ...

Volkswagen VOW30.40%increase; up pointing triangle agreed to sell a majority stake in its heavy-engine division, a step in its campaign to reorder an unwieldy automotive empire that is coming under ...

Ferrari will run an updated power unit at this weekend's Austrian Grand Prix after making use of an opportunity to upgrade its engine under Formula 1's performance catch-up mechanism, ADUO. Lewis ...

June 24 (Reuters) - Volkswagen has agreed to sell its diesel engine unit Everllence to Bain Capital in a deal generating proceeds of about €7.4 billion ($8.4 billion), beating out other private equity ...

Singapore GP is opening its garage doors again. Following last year’s debut, which pulled in more than 17,700 visitors, F1’s All Access 2.0 is returning to the F1 Pit Building from June 26 to July 26, ...

Volkswagen has agreed to sell its diesel engine unit Everllence to Bain Capital in a deal generating proceeds of about €7.4bn (R139.30bn), beating out other private equity firms, including one that ...

Volkswagen Group has agreed to sell Everllence – its heavy duty diesel engine unit – to private capital firm Bain Capital. Several private equity firms were also in the running (including Blackstone), ...

Google announced Wednesday that computer use — the ability for an AI agent to see a screen, click, type, and navigate software without a human at the keyboard — is now a built-in tool inside Gemini ...

Volkswagen is selling a 51% stake in engine subsidiary Everllence to Bain Capital, seeking to streamline its investment portfolio. The German automaker will retain a 49% stake in Everllence and stay ...