Results

IndyCar race results, points standings after Bommarito 500 at WWT Raceway

By Betty C. Morrow 5 months ago

Josef Newgarden is now firmly in the hunt for a third NTT IndyCar Series championship after winning Saturday night’s Bommarito Automotive Group 500 at World Wide Technology Raceway.

Newgarden led a race-high 138 of 260 laps in claiming his second win of 2021 (Mid-Ohio). He becomes the fourth driver to score multiple wins this season in IndyCar, joining Pato O’Ward, Alex Palou and Marcus Ericsson.

O’Ward finished second to earn his fifth podium of the season and his first since winning Race No. 2 at Detroit’s Belle Isle Park in June. He also now holds the points lead by 10 points over Palou with three races to go.

Will Power followed his win last week on the Indianapolis Motor Speedway road course with a third-place finish. Power also earned his 63rd career Indy-car pole earlier Saturday. He is now within four poles of tying Mario Andretti for the

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NXP Semiconductors reports solid Q2 with strong results in automotive

By Betty C. Morrow 6 months ago

NXP Semiconductors on Monday reported solid second quarter financial results driven by major year-over-year growth in its automotive segment. 

The company reported net income of $406 million, or $1.42 per diluted share. Total revenue came to $2.6 billion, an increase of 43 percent versus the year-ago period, and better than the mid-point of NXP’s guidance. 

Analysts were expecting earnings of $2.31 per share on revenue of $2.58 billion. 

“We continue to be very positive about the long-term demand trends across all our end markets, and while the supply environment will remain challenging in the near term we have taken actions to increase supply which underpin our confidence to drive very robust growth for the remainder of 2021, as well as into 2022,” CEO Kurt Sievers said in a statement. 

NXP’s automotive business brought in $1.26 billion in revenue, up 87 percent year-over-year and up 3 percent sequentially. Industrial & IoT

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Amelia Island Concours 2021 Results: Pre-War Cars Sales Beat Estimates

By Betty C. Morrow 8 months ago

After a year of online sales and virtual showings, car auctions are back for real—in a big way.

During the Amelia Island Concours d’Elegance May 20–23, collectors paid a premium for the world’s rare automotive classics in the largest live auction weekend event since the coronavirus pandemic began. Many lots went for well over their high estimates.

Together the two auction houses that sold during the annual car show off the coast of Florida amassed sales of $61.3 million, up from $57.2 million in March of 2020. (The event is traditionally held at the Golf Club of Amelia Island in early March every year; for 2021 organizers pushed it to May).  

The top seller was a 1929 Duesenberg Model J Murphy Torpedo Convertible Coupe that RM Sotheby’s sold for $5,725,000, more than $1 million over its $4 million high estimate. It was the third-highest auction price ever paid for

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