At $237,500, this choice 1969 Mustang Boss 429 was one of the top 10 sellers at the annual Mecum Spring auction in Indianapolis. Get all the latest auto industry news in the Executive Briefing.
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+ The first 100 prototypes for Google’s self-driving automobile are being built by Roush Industries in the Detroit suburb of Allen Park. More at Jalopnik Detroit.
+ Joel Piaskowski has been named director of design at Ford of Europe, replacing Martin Smith, who retires at year’s end. More at The Wall Street Journal.
+ Thirteen counties in Southeastern Michigan are getting a slice of a $1.3 billion federal project to boost American manufacturing. More at Crain’s Detroit Business.
+ Citing lack of time for adequate preparation, the Haas Formula team of American Gene Haas will delay its entry into Formula One one year until 2016. More at Motorsport.com.
+ Automotive magazine publisher Source Interlink Media has eliminated a dozen titles, terminated staff, and reorganized as TEN, The Enthusiast Group. More at Jalopnik.
+ Noted mega-collector Ron Pratte will sell off his entire car collection at the Barrett-Jackson Scottsdale auction next January. More at Classic Cars.com.
+ Dover Motorsports, Inc. has agreed to sell Nashville Speedway to NeXovation, Inc. in a deal worth nearly $46 million. More at ESPN.
+ The 2014 Mecum Auctions Original Spring Classic auction in Indianapolis produced $40,360,815 in sales and a 64 percent sell-through rate. More at Sports Car Digest.
+ Consumer Portfolio Services, a major subprime auto lender, will pay $5.5 million to settle Federal Trade Commission charges that it harassed and overcharged consumers. More at Cleveland.com.
+ Andretti Autosports veteran Franck Montagny has been named one of two drivers for the team’s entry in the battery-powered FIA Formula E series. More at NBC Sports.
For the previous Executive Briefing from May 26, click here.