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The company built a special racing buggy, the Red Wing, which it entered into the 1911 Indianapolis 500, designed by Frayer and Rickenbacker and driven by Frayer. Though the car didn't finish the race, it was credited with finishing 13th in the race. [25] They subsequently entered a car into the 1912 Indianapolis 500, this time driven by ...
Much of the reason Americans are paying nearly $50k for a car is that automakers decided to go all-in on expensive cars. The more they charge for a car, the more money they make off it.
According to Manheim’s latest used vehicle value index, used gas-powered car prices fell 3.5% in October, whereas pure EV prices fell by 11.1%. And the downward pressure on prices will continue.
With 100% of proceeds going directly to cancer research, the JEGS Foundation Racing for Cancer Research program has raised several million dollars. Team JEGS also sets up mobile cancer screening centers at NHRA weekend events to keep the topic front & center with thousands of drag racing fans.
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