Henry Ford’s sole surviving grandchild died last Sunday from pneumonia.
William Clay Ford Sr. worked for the company his grandfather founded for 57 years, joining the board of directors in 1948 before he even finished college.
Ford spent most of his career setting the tone for the design team, helping create many of the brand’s iconic vehicles, including the Continental Mark II.
He was also active within the community, from charitable organizations to his ownership of the Detroit Lions football team.
The family legacy continues within the company, as William (Bill) Clay Ford Jr. remains active as executive chairman of Ford Motor Company.
Famed Nurburgring track sells for €100 million
Nicknamed The Green Hell by Grand Prix racing icon Jackie Stewart, the Nurburgring has been suffering financial woes of late, despite its use by auto manufacturers to test sports cars.
Located in Germany’s Black Forest, lap times (especially lap records) of the famed circuit are highly sought after by manufacturers, who use them as bragging rights in their marketing.
The facility went bankrupt in 2012 and the rumour mill has been in overdrive ever since as enthusiasts wonder what fate would befall the property.
As recently as Monday, the most likely bidder was expected to be Miami-based HIG Capital, but on Tuesday evening, it was sold to German automotive firm Capricorn Group, for a price in excess of €100 million.
Although details are not yet available, Capricorn has said it would remain focused on motorsport and the track will remain open to the public.
The company is rumoured to be keen on creating a motorsports technology community, similar to what has developed around the Silverstone track in England.
Returning exec named president and CEO of Kia Canada
Min Kun (M.K.) Kim is returning to Kia Canada for the second time in his career, this time as president and CEO. The last time he was here, he held the post of deputy general manager at Hyundai Motor Canada, beginning in 1995.
In recent years, he has served as president of Hyundai in the Middle East, Africa and Australia.
Motorcycle Springshow helps riders shake off winter
It is a pretty safe bet that most of us are fed up with winter, but none more so than those who ride motorcycles.
Even though next Thursday is the first day of spring, most riders haven’t come close to dusting off the saddle, thanks to the continued cold weather.
That doesn’t mean they aren’t itching to ride. Celebrating its 25th year, the Motorcycle Springshow takes place this weekend at the International Centre.
For Saturday night only, entry will be half price. Adult tickets are $9, while kids 6 to 12 get in for $2.50. For more info, go to motorcyclespringshow.com.
Celebration of Speed event helps fund motorsports hall
The Canadian Motorsports Hall of Fame is hosting a fundraiser on April 21 at Canadian Tire Motorsport Park. Raising money for the hall, the day will give lap-driving enthusiasts a chance to blow off the cobwebs early in the season.
Race fans will also have a chance to take rides around the legendary Mosport Grand Prix circuit with a variety of Canadian race drivers.
Some of the Wheels team will also be on hand, including yours truly. Go to cmhf.ca for details.