Professional Bobby Rahal Launches New E-Racing Series with Jaguar
Bobby Rahal, who became one of an elite group of race car drivers by winning the Indy500 in 1986, has remained a huge part of the racing world. He caught up with Alyssa Julya Smith at the Los Angeles Auto Show preview to talk about his partnership with Jaguar Land Rover, and Jaguar's I-PACE eTrophy Series.
Rahal talks about being the first to partner with the luxury automaker to launch a new electric racing league solely for Jaguar I-Pace electric vehicles. Rahal will lead the Rahal Letterman Lanigan team in the new series, set to launch in 2018.
He explains that since they are electric cars, each race series will be 30 minutes long, and will run solely on electric power. The Jaguar series will coincide with the Formula E schedule during the 2018-19 season that begins next December.
Amazon is being sued by U.S. regulators and and 17 states over allegations that the company abuses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.
President Joe Biden grabbed a bullhorn on the picket line Tuesday and urged striking auto workers to “stick with it” in an unparalleled show of support for organized labor by a modern president.
The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period.
JPMorgan Chase agreed Tuesday to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.