Video: Tanner Foust completes record-setting Team Hot Wheels jump at Indy 500

Team Hot Wheels
Team Hot Wheels’ “Fearless at the 500” record jump attempt – Click above for high-res image gallery

Prior to the start of today’s Indy 500, fans finally got to see the long-awaited Team Hot Wheels world-record jump attempt. The mystery “Yellow Driver” piloted specially-prepared truck down the 90-foot ramp that had been under construction in the Indianapolis Motor Speedway’s infield over the last several weeks. The neat gimmick behind Hot Wheels’ “Fearless at the 500” event was that the launch ramp itself was built to simulate that orange track we all grew up with, hung from a giant 10-story door. Talk about pandering to a guy’s inner child…

Anyhow, the stunt itself was a success, and fans at the Brickyard watched the truck sail, ramp-to-ramp, 332 feet through the air, setting a world record for four-wheeled vehicles in the process. Upon landing, the mystery driver doffed his helmet to reveal himself as American Top Gear host Tanner Foust. If you want to see the jump yourselves, be advised that ABC will air the stunt at 3:30 PM Eastern time today, following the conclusion of its Indy 500 race coverage. Check out the first few photos from the event below, and follow the jump for the press release.

UPDATE: Video of the jump now added after the break as well.

Gallery: Team Hot Wheels “Fearless at the 500” Jump

Continue reading Tanner Foust completes record-setting Team Hot Wheels jump at Indy 500

Tanner Foust completes record-setting Team Hot Wheels jump at Indy 500 originally appeared on Autoblog on Sun, 29 May 2011 14:55:00 EST. Please see our terms for use of feeds.

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GM completes buy of AmeriCredit, to be called GM Financial

Filed under: Etc., GM, Earnings/Financials, By the Numbers

GM logoGeneral Motors is just about ready to start offering in-house financing once again. Its acquisition of AmeriCredit is complete, pending approval by AmeriCredit’s shareholders. The merger is officially effective as of October 1st, 2010 and is an all-cash transaction valued at $3.5 billion.

The company will be renamed GM Financial. Having a captive finance arm allows GM and its dealers to expand finance and lease options, which is good news for both The General and its customers. GM Financial has targeted first quarter of 2011 to begin its initial leasing program.

You can read the full press release after the jump.

[Source: General Motors]

Continue reading GM completes buy of AmeriCredit, to be called GM Financial

GM completes buy of AmeriCredit, to be called GM Financial originally appeared on Autoblog on Sun, 03 Oct 2010 13:08:00 EST. Please see our terms for use of feeds.

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BMW Classic Center completes ’72 3.0 CSi restoration for lucky owner

Filed under: Classics, Coupe, BMW

1972 BMW 3.0 CSi

1972 BMW 3.0 CSi – Click above for high-res image gallery

An increasing portion of BMW’s revenue in recent years has come from dealing in older cars. The Munich brand’s certified pre-owned program that reconditions and sells warranted used cars has reportedly been very profitable. Now BMW is taking that idea to a whole new level by opening the Classic Center workshop. The Classic Center offers a variety of services from parts re-manufacturing to full vehicle restorations.

The facility recently finished its first complete restoration of a 1972 BMW 3.0 CSi coupe. In addition to bringing the CSi back to pristine condition, the owner had BMW convert the coupe’s transmission, originally a manual, to an automatic. The owner took possession of his restored beauty at the BMW Welt in Munich, which until now has only been used for new car deliveries.

Gallery: BMW 3.0 CSi restoration

[Source: BMW]

Continue reading BMW Classic Center completes ’72 3.0 CSi restoration for lucky owner

BMW Classic Center completes ’72 3.0 CSi restoration for lucky owner originally appeared on Autoblog on Sun, 25 Jul 2010 11:07:00 EST. Please see our terms for use of feeds.

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