MCG Executive Briefing for Feb. 18, 2013

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Driver Danica Patrick and car owner Tony Stewart celebrate her historic pole qualifying run for next Sunday’s 2013 Daytona 500. –NASCAR photo 

 

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 +   Mega-investor Warren Buffett of Berkshire Hathaway has raised his stake in General Motors another 10 million shares to 25 million shares. More here at the Detroit Free Press. 

+   Volkswagen AG CEO Martin Winterkorn will take a 20 percent pay cut for 2012, down to $18.7 Million. More here at Yahoo! Finance. 

+   Hyundai is building a 33,000 square-foot, $7.4 Million field engineering facility at the Nuerburgring in Germany. More here at Newsday. 

+  Danica Patrick made history at Daytona Sunday as the first woman to qualify on the pole for a NASCAR Sprint Cup race. More here at USA Today. 

+   Hybrid carmaker Fisker is fielding buy-in offers from multiple overseas investors, the company says. More here at Bloomberg.com. 

+   GM paid $119 Milllion to buy back a one percent stake in the company from Chinese partner SAIC Motor Corp. More here at The Baltimore Sun. 

+   The Department of Justice is expanding its investigation of price-fixing among OE automotive suppliers. More here at Reuters.

+   At the season-opening NHRA Winternationals in Pomona, the pro category winners were Shawn Langdon in Top Fuel, Courtney Force in Funny Car, and Vincent Nobile in Pro Stock. More here at the Inland Valley Daily Bulletin. 

 

For the previous Executive Briefing from Feb. 14, click here.

 

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5 thoughts on “MCG Executive Briefing for Feb. 18, 2013”

  1. I’am happy for Danica but as for Stewart, he’s another story. I do not care for this guy, he’s a hot head who appears to be on the edge all the time and some of the stunts he has pulled during and after some races if things didn’t go his way are not right.

    • I remember covering Stewart’s 2001 “Anger Management Tour.” He’s calmed down quite a bit since those days, but he still gets fired up now and then.

      • I remember last seasons headgear throwing incident when he flung it at Kenseth and then threatened to take him out hard at the next race. As I recall they started side by side and as usual his mouth overrode his threat and nothing came of it.

  2. how is that Courtney Force’s win at Pomona is like
    ( in other news that doesnt matter) and the media goes gaga over Patrick
    I’m growing tired of all NASCAR all the time
    thank GOD ESPN2 still covers the NHRA
    I would rather drive straight to teh finnish line than run around in circles looking for it!
    ok rant over……
    time to go back to worshiping all things that goes fast!

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