The 1958 Mercedes-Benz 300SL formerly owned by Grand Prix legend Juan Fangio is offered for sale by private bid through RM Sotheby’s. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Ford’s Lincoln division will introduce five new battery-electric SUVs by the end of 2026 to replace the current Corsair, Nautilus, Aviator, and Navigator, insiders say. More at Car and Driver.
+ An agreement between the Italian government and Stellantis for a battery plant in Termoli will be signed in days, according to Industry Minister Giancarlo Giorgetti. More at Reuters.
+ Toyota has filed a series of patent applications for a simulated manual transmission system that includes an H-pattern shifter and a clutch pedal for use in electric vehicles. More at The Drive.
+ Formula 1 needs a system to ensure that mistakes made by the FIA like those at the Abu Dhabi Grand Prix can be corrected more easily, says McLaren team boss Andreas Seidl. More at Motorsport.com.
+ Adam Driver, Penelope Cruz, and Shailene Woodley have been cast in Michael Mann’s upcoming Enzo Ferrari biopic, Ferrari, based on the biography by Brock Yates. More at ClassicCars.com Journal.
+ VW’s Lamborghini unit hopes to keep combustion engine vehicles alive beyond the end of the decade, CEO Stephan Winkelmann told the German weekly Welt am Sonntag. More at Autoblog.
+ The light blue 1958 Mercedes-Benz 300SL roadster once owned by Formula 1 legend Juan Manuel Fangio is now offered for sale via private auction by RM Sotheby’s. More at Motor1.com.
+ Following Tesla’s lead, Volvo is adopting a mega casting process for large aluminum parts, including floor structures, as part of a $1 billion investment in its Torslanda plant. More at Motor Authority.
+ Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian in the quarter ended Dec. 31, according to recent securities filings. More at Financial Post.
+ Jacques Villeneuve, 1995 Indy 500 winner and 1997 Formula 1 world champion, will attempt to make his first start in the Daytona 500 driving a Ford for Team Hezeberg. More at NBC Sports.
Photo courtesy and copyright RM Sotheby’s.
Review the previous Executive Briefing from February 11 here.