Welcome to The Grid, R&T's quick roundup of the auto industry and motorsports news you should know this morning.
Liberty Media has said that it has big plans for the future of F1. Thing is, nobody knows the full scope of them; Liberty hasn't announced a full plan. Why? Because it's not done. But also because they don't want
Liberty's Sean Bratches has said that the organization won't make announcements until it has concrete announcements to make. It doesn't want to make promises that it isn't ready to keep, and it doesn't want to make promises it isn't ready to implement. Apparently, Liberty has given preliminary proposals for the sport to the teams in the last few weeks.
Geely Buys Another Volvo
Chinese automaker Geely has been on an acquisition spree the lat few years. The company has snapped up the London Taxi Company, Volvo Cars, flying car maker Terrafugia, and Lotus Cars in a short period. Now, .
Geely bought 8.2 percent of AB Volvo, the truck maker, from Cervian Capital, making it the second largest shareholder in the company. It cost Geely about $3.4 billion. We wouldn't be shocked if Geely bought more of the company in the future.
The annual Roar Before the 24 , and there are 50 cars slated to appear at the test before the 24 Hours of Daytona. That includes 20 prototypes, nine GTLM cars, and a whopping 21 cars in GT Daytona.
The Roar will take place January 5 - 7.
Elon's Tweeting Again
As Elon Musk has been tweeting future product plans again, and now it seems the billionaire Tesla head is going to introduce. But don't expect it anytime soon.
The company, which is still ramping up Model 3 production, wouldn't introduce a pickup until after the Model Y, which could be a small crossover based on the Model 3. So don't hold you breath for it.