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Report: Cosworth is Up For Sale

Report: Cosworth is Up For Sale

For many years, Cosworth has been providing Formula One teams with high-performance engines and rumors have been floating around that it may pull out when the new F1 engine standards take hold in 2014. When Williams chose to drop Cosworth as its engine supplier in 2011 and switch to Renault, it looked like the nail had been firmly driven into Cosworth’s F1-racing coffin. Cosworth continued on with only two teams using its engines – Marussia and HRT – and its current owners have reportedly seen enough.

A report out of the UK-based newspaper, The Times, is stating that the famed engine builder’s owners have chosen to sell the company. According to the same report, Rolls-Royce is being tossed around as a potential suitor for the high-performance engine builder. The reason Rolls-Royce comes up is because Rolls is also one of Cosworth’s key customers in the aerospace side of its business. That would immediately give Rolls-Royce a leg up in the aerospace industry and net it a leg up in auto racing as a byproduct.

There are several other names floating around, like British aerospace company, GKN, but Rolls is certainly the front runner at this point. The fact that it can also benefit from the automotive engine technology could really push Rolls to up the ante and give Cosworth’s owners a fair bid. Whoever chooses to buy the automotive and aerospace company needs to work fast, as it will need to have an engine build and tested in time for the 2014 F1 season, if it hopes to compete.

We’ll keep an eye on how things shape up and let you know if any other bidders arise. Hopefully this doesn’t turn into a Saab-like situation.

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World's biggest James Bond auto collection scheduled for 2012 exhibit

World’s biggest James Bond auto collection scheduled for 2012 exhibit

James Bond may be a fictional character to all of us, but the dashing debonair / awesome secret agent is still an inspiration to all of us. Who wouldn’t want to be in his shoes? He’s got a killer job, he scores the hottest women, and best of all - at least in our case - he drives the fanciest cars.

That last part is such an integral part of the Bond legend that an exhibition is actually being planned to showcase the largest collection of James Bond vehicle to ever be displayed. The whole event is being prepared through the collaborative efforts of the UK’s National Motor Museum, Beaulieu and EON Productions, which is doing the groundwork for the event in preparation for the 50th anniversary of Ian Fleming’s Bond franchise.

Around 50 cars are expected to be included in the exhibit highlighted by the 2008 Aston Martin DBS from Quantum of Solace, the 2002 Jaguar XKR with SFX weapons from Die Another Day, the 1964 Aston Martin DB5 from Goldeneye, and the 1937 Phantom lll Rolls-Royce from Goldfinger.

The exhibit will be held at the National Motor Museum in Beaulieu, United Kingdom and will run the entire length of the 2012 calendar year.

“Following the success of the first Bond cars exhibition staged at Beaulieu in 2001, we are delighted to be working with EON again on this new display, bringing together the world’s largest collection of Bond vehicles, Beaulieu’s Commercial Director, Stephen Munn said.

The exhibit won’t open for another few months, but it’s safe to say that we’ll be dropping by to check it out if we find ourselves in the area next year.

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