George Russell wrapped up Formula One's third and final day of pre-season testing in Bahrain with Mercedes on top after he went faster than reigning world champion Max Verstappen in the closing minutes on Friday.

Williams driver Carlos Sainz set the pace on the second day of preseason testing, beating the two Ferrari drivers to the fastest lap time by less than 0.1 seconds.

This month, as car enthusiasts converge on Florida for two weeks, they’ll find 14 Porsches with estimates straddling the $1 million mark—two more than the dozen Ferraris with the same distinction and far more than any other brand among the 405 total lots being offered across three auction houses.

Exor plans to sell a stake of about 4% in the Italian luxury sports-car maker, in a bid to pursue a sizeable acquisition and launch a share buyback.

Colton Herta raised eyebrows when the IndyCar driver said he would have to think about a move to Formula 1 with the new Cadillac team should he earn eligibility for the global series.

Formula One champions McLaren remain the team to beat with Ferrari looking like their closest rivals and Williams much improved, the read-out from pre-season testing in Bahrain suggests.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Exor NV is offering a 4% stake in luxury carmaker Ferrari NV.

TWG Motorsports owns various racing properties that include Cadillac F1, Andretti Global, Spire Motorsports, Wayne Taylor Racing and Walkinshaw Andretti United. TWG Motorsports will be run by CEO Dan Towriss.

Tim Neal acknowledges Italian car-maker Fiat has been referred to as "Fix it again, Tony." He still saw a beautiful car emerging from a decaying 1978 Spider.

There should be no debate about Angelo Ferrari wrestling in Iowa Hawkeyes' postseason. His win vs. Oklahoma State is a beacon of hope for the future.