1 year ago

Bahrain: Burnout Nights Set For Penultimate Round On Friday

Bahrain International Circuit (BIC), will host the penultimate round of this Ramadan’s Burnout Nights. It is a widely popular activity at BIC, offering participants the chance to put on an incredible show of rising white smoke. Each event attracts a large group of participants and scores of spectators to Sakhir to enjoy the high-octane action at BIC’s drift park. Friday’s Burnout Nights is scheduled to take place from 8pm to 12midnight. Those interested in participating can register on site. The cost to take part is BD8 per participant, with a fee of BD5.5 each for an accompanying passenger and/or crew member. All entrants’ vehicles must meet specific eligibility criteria before being permitted to take part. BIC is set to welcome the public, with its Spectator Grandstand, Crew Grandstand, and VIP Grandstand holding a capacity of nearly 3,000 seats. They are all overlooking the drift park, part of the circuit’s vast vehicle dynamics area—offering a fantastic vantage point for all those in attendance to watch the captivating displays. Tickets for spectators are BD2 apiece and BD3 for VIP seating, while VIP parking is available at BD5 each. Friday’s Burnout Nights will be the third of this year’s Ramadan programme at BIC. […]

1 year ago

Biden Admin May Force Americans To Drive EVs

The Biden administration has just required that the majority of automotive vehicles manufactured be electric by 2032, inflicting upon the American people troublesome cars whose price is an exorbitant $53,500 on average and that cost a fortune to repair. House Speaker Mike Johnson warned that the move would “devastate auto manufacturers.” While electric vehicles (EVs) totaled less than 8 percent of sales of new cars last year, the Biden rule demands they reach as much as 56 percent in less than a decade, and as much as 36 percent for plug-in hybrid vehicles. The regulatory method to be employed is mandating that automakers cut carbon dioxide emissions by more than half by eight years from now. Far sooner than that, and as a result, just several years down the road, Americans may no longer be able to afford an ordinary gasoline-powered vehicle. Click here to read more.

1 year ago

Bahrain: Kanoo Motors Rolling Drag Night to Bring Fun Yet Competitive Activity for Motorsport Fans This Thursday

Motorsport enthusiasts can invite their family or friends for an exciting head-to-head challenge at Bahrain International Circuit (BIC) this Thursday, in the Kanoo Motors Rolling Drag Night. This unique event offers participants the opportunity to bring their very own car or motorbike and go one-on-one down the circuit’s quarter-mile drag strip against an opponent. This fun yet competitive activity gives wannabe-drag racers the incredible experience of powering down BIC’s world-class strip which is a part of the prestigious NHRA Worldwide Network of the U.S.-based National Hot Rod Association (NHRA) and enjoy the thrill with a fellow-racing lover. Kanoo Motors Rolling Drag Night is similar to BIC’s Ebrahim K Kanoo Drag and Drift Nights, with the only difference being at the start, which is done at a rolling speed of 80kph. Thursday’s activity is scheduled to be held from 8:30pm to 1:30am. It continues the busy and exciting programme of events this holy month of Ramadan at “The Home of motorsport in the Middle East”. The cost to participate is BD22 for each driver or rider. Spectators can watch from the stands for a nominal fee of BD2. Just as in all activities at BIC, safety is paramount for all taking […]

1 year ago

Oman To Debut Electric Car In 2024

Oman’s electric cars maker Mays will debut the first locally manufactured model, the Alive 1, by the end of this year. The five-seater will cost USD38,964 (Dh143,000) and can last 510km on a single charge, with the option of 30-minute turbo charge, according to May’s website. Mays has plans to produce several parts locally to reduce manufacturing costs. Omani minister for transport, Hamood Al Maawali, said that Gulf countries plan to have 22,000 electric cars by 2030 as part of their decarbonisation strategy. The country’s EV charging infrastructure will expand to include i350 public chargers across main public roads by 2026, the minister said.

1 year ago

Lucid Signs Deal to Raise $1 Billion From Saudi PIF’s Affiliate

Electric automaker Lucid said on Monday that it had signed a deal to raise $1 billion in funding from an affiliate of the Saudi state-owned Public Investment Fund (PIF). Ayar Third Investment Company, a subsidiary of the sovereign wealth fund, will buy $1 billion in convertible preferred stock and will be able to convert the preferred stock into about 280 million shares. The California-based company EV giant said it intends to use the proceeds for corporate purposes and capital expenditure among other things. Lucid shares rose about four percent during trading outside of main business hours. Lucid’s move led to sending the shares of the luxury electric carmaker up nearly 20 percent. The latest investment by PIF underscores a key advantage Lucid has in the race for survival among struggling EV startups. The Saudi government, which has a 60 percent stake, has invested billions in Lucid’s success as part of a strategy to diversify the Kingdom’s economy beyond oil. It is noteworthy that Lucid opened its first-ever car manufacturing facility in Saudi Arabia in September 2023. As Lucid’s second Advanced Manufacturing Plant and first international plant, the facility will produce Lucid’s ground-breaking electric vehicles for Saudi Arabia and export to […]

1 year ago

US: The Hertz Meltdown Reveals Scale Of The EV Debacle

The Biden administration’s Environmental Protection Agency (EPA) has revealed its ambition: to phase out gas-powered cars in favour of electric vehicles (EVs). Incredibly, this announcement comes as we are flooded with overwhelming evidence that EVs are a market loser. Indeed, the artificial boom and then meltdown of the EV market is a modern industrial calamity. It was created by government, social media, wild disease frenzy, far-flung thinking, and the irrational chasing of utopia, followed by a rude awakening by facts and reality. CEO Stephen Scherr of Hertz has been booted out due to a vast purchase of an EV fleet that consumers didn’t even want to rent. The company has now been forced to sell them at a deep discount in a market where consumers are not particularly interested. Looking back, however, Scherr’s decision to bet everything on an EV boom was a disaster that was highly praised at the time. Only last year, the company bragged: “This morning, [Hertz] was recognised by The White House for our efforts to expand access to electric vehicles across the country. Demand for EV rentals is growing and we’re here to help our customers electrify their travels.” Pleasing the Biden administration is not the […]

1 year ago

Dubai To Auction 10 Premium Number Plates For Charity

Dubai will auction premium vehicle number plates to raise funds for charity at an exclusive sale this weekend. The Dubai Roads and Transport Authority (RTA) announced its support of the Most Noble Number charity auction, organised by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) at the Four Seasons Resort Dubai at Jumeirah Beach on March 24 in support of the Mothers’ Endowment campaign, which honours mothers by establishing a AED1bn ($272m) endowment fund to support the education of millions of individuals. RTA has dedicated a set of 10 special vehicle plate numbers to be auctioned at the event, with proceeds going towards the Mothers’ Endowment campaign, which gives contributors a chance to make donations in honour of their mothers. Dubai number plate auction These donations help support those in need through education and training, giving them a chance to improve their quality of life and prepare for the job market. The set of special plate numbers includes: The Most Noble Number charity auction in Dubai is expected to welcome notable businessmen and philanthropists from various circles, keen to support a noble cause. Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors, RTA, said the initiative by Sheikh […]

1 year ago

Bahrain State Fund Takes Full Ownership Of Supercar-maker Mclaren

Bahrain’s sovereign wealth fund has completed a deal to take full ownership of McLaren Group, one of the most revered names in British manufacturing, after years of negotiations to put the company on a stable long-term footing. The deal will pave the way for McLaren to pursue a technology partnership with a global automotive giant that could also involve Mumtalakat offloading a minority stake in the Woking-based company. Paul Walsh, McLaren’s executive chairman, said the deal would strengthen the company’s governance and ownership structure. “This will further enable us to focus on delivering our long-term business plan, including investment in new products and technologies, whilst continuing to explore potential technical partnerships with industry partners,” said Mr Walsh, the former Diageo chief executive. Mumtalakat said the completion of the transaction “crystallizes the next phase of the company’s trajectory of growing its leadership position in the luxury super car and motorsports industries”. “This reorganisation and new simplified structure positions McLaren for success and opens up strategic avenues, which include exploring new partnerships to enhance the company’s growth over the coming years.” McLaren, whose road car models include the Artura Spider, P1 and Senna, announced on Friday morning that Zak Brown, the boss […]

1 year ago

Porsche Carrera GT, Ferrari 575 Have Been Locked in This Chinese Dealership for 12 Years

The story of a trio of supercars that had been sitting for years in an abandoned Chinese dealership. Four years have passed, and the exotic vehicles are still locked in the derelict building that once was a Ferrari-Maserati dealership in the city of Guangzhou. Shut down in 2012, shortly after President Xi Jinping passed the anti-corruption laws meant to discourage the consumption of high-end products, the dealership closed its door with three supercars inside. And according to recent footage by YouTube’s “effspot,” the vehicles are still there as of March 2024. That’s right, they’ve been sitting in the same spot for 12 years now. The supercars appear to be in pristine condition at first glance, but the thick layer of dust covering them and the flat tires are strong hints that they’re not getting any kind of maintenance. That’s bad news for any type of vehicle, let alone a supercars worth six-figure sums. The Porsche Carrera GT is arguably the most iconic of the trio. One of only 1,270 units built from 2004 to 2006, this Carrera GT is a rare gem due to its Zanzibar Red Metallic paint. That’s because only three were finished in this spectacular color. But the 2005 Ferrari 575 […]

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