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Volkswagen Buys 20 Percent Share in Suzuki

Months of rumors and a more credible report yesterday have culminated in the official news that Volkswagen will take a 20 percent share in Japanese automaker Suzuki, worth $2.5 billion. Volkswagen has its sights set on becoming the world’s largest automaker and with Suzuli’s small-car expertise, it hopes to make a large expansion into developing markets, like India. The news comes just a day after VW officially took a 49.9 percent stake in Porsche.

WSBK: 2012 Monza Results

It was supposed to be a weekend of celebration. The World Superbike Championship was celebrating its 25th anniversary of racing at Italy’s Monza circuit. Promoters Infront Motorsports brought out 30 landmark Superbikes from the series’ history, while greats such as Fred Merkel, Doug Polen and Carl Fogarty were in attendance for what was supposed to be a weekend to remember.

Land Speed Record Holder Bill Warner Dies Chasing 300 MPH Record

Land speed motorcycle racer Bill Warner succumbed to injuries suffered in a 285 mph crash at Loring Air Force Base in Maine. The 44-year-old from Wimauma, Fla., reportedly lost control of his modified turbocharged Suzuki Hayabusa while attempting to reach a speed of 300 mph. Warner reportedly began veering to his right during one high-speed run on the base’s runway after clocking 285 mph.