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DeLorean is Only Selling the Alpha5 Through NFT Build Slots
Andrew Evans
May 27, 2025
Hello, SpeedBiters! Here's what's on the menu today:
PepsiCo partners with Formula 1
Nacon to publish official WRC games through 2032
Hyundai reveals Obsidian design concept
Alonso named Circuit de Barcelona-Catalunya ambassador
Audi gaming/office seats revealed
...and more!
Join the discussion: click here to chat about today's issue!
INDUSTRY NEWS
The Hyundai Obsidian electric sedan concept, developed in partnership with design students from Munich University of Applied Sciences, presents a strikingly bold aesthetic that draws inspiration from various automotive influences. While the design may echo elements from existing models, it reflects Hyundai's evolving identity and commitment to innovative automotive design, as evidenced by the enthusiasm from company executives.
To secure a build slot for the DeLorean Alpha5, prospective buyers must pay a non-refundable fee of $2,500 and create a digital wallet for a “Build Slot NFT” bought with cryptocurrency, despite not knowing the final price or even production timeline for the vehicle that was first revealed in 2022. The car is one of two similar, but unconnected, vehicles in development from different DeLorean brands, with John Z. DeLorean’s daughter also behind a gullwinged EV as a tribute to her father.
Toyota is contemplating the establishment of a new production line for the GR Corolla at its Burnaston facility in the UK, aiming to meet the growing demand in the US market. This initiative, which could involve an investment of £41 million, would enable the factory to manufacture approximately 10,000 units annually, potentially facilitating the model's introduction in Europe as well.
Nissan is set to introduce its e-Power hybrid technology to the North American market, although the pricing will exceed earlier expectations due to rising material costs. This innovative system, which uses a gasoline engine solely as a generator to charge the battery that powers the wheels, will debut in the upcoming Rogue model, but customers will have to wait until at least 2027 to experience it.
Peugeot is set to unveil a performance-oriented GTi version of the electric e-208 supermini on June 13, coinciding with the Le Mans 24 Hour race. This marks the return of the GTi designation for the brand, with the new model aimed at enhancing the driving experience and linking Peugeot's road cars to its motorsport heritage.
The availability of manual transmissions in new vehicles is rapidly decreasing, with only 96 models currently offered compared to 404 that are exclusively automatic, reflecting a significant decline in consumer interest. This trend is further emphasized by a report indicating that only 22 percent of new cars sold in 2024 featured manual gearboxes, as automatic options continue to dominate the market.
Volvo and Porsche are set to reduce their global workforces by approximately 6,900 positions due to ongoing challenges in the automotive sector, including slow electric vehicle adoption and economic pressures. Porsche plans to implement a strategic realignment that will lead to around 3,900 job cuts by 2029, while Volvo's restructuring will eliminate about 3,000 roles, primarily affecting office staff in Sweden.
Aston Martin has introduced the Mex’Uk Series, featuring six custom Vantage coupes that draw inspiration from Wixárika culture, each representing a unique power animal through intricate designs and hand-painted details. This limited edition celebrates a decade of the brand's presence in Mexico and includes distinctive features such as bespoke interiors and exclusive badges, with all units already sold and set for delivery in the upcoming months.
MOTORSPORT
Fernando Alonso has been appointed as an ambassador for the Circuit de Barcelona-Catalunya, advocating for the venue's future as it faces challenges in maintaining its Formula 1 status. While the circuit is contracted until 2026, the upcoming Spanish Grand Prix may mark its last event under the current name, as a new street circuit in Madrid is set to be introduced next season.
PepsiCo has secured a multi-year partnership with Formula 1, designating its Gatorade brand as the official partner for sprint races, while also introducing Doritos as the official savory snack and Sting Energy as the official energy drink. This collaboration aims to enhance fan engagement through various initiatives, including on-site experiences and digital promotions.
Marcus Ericsson, along with two other drivers, has been disqualified from this year's Indy 500 due to violations found during technical inspections. The Andretti cars were penalized for unauthorized modifications to their energy management systems, while another entry failed to comply with front wing specifications, resulting in fines and suspensions for the respective teams.
Pierre Gasly attributed his exit from the Monaco Grand Prix to a collision with Yuki Tsunoda, asserting that Tsunoda changed his braking line unexpectedly. In response, Tsunoda defended his actions, expressing confidence in his driving and denying any wrongdoing during the incident.
Sauber's team principal, Jonathan Wheatley, has expressed concern regarding the repercussions of George Russell's penalty for bypassing the chicane during the Monaco Grand Prix. Russell, who admitted to cutting the corner out of frustration while trying to overtake Alexander Albon, received a drive-through penalty, which he accepted.
Alex Wurz, chairman of the Grand Prix Drivers' Association, has proposed three modifications to the Monaco Formula 1 circuit aimed at enhancing overtaking opportunities. These suggestions, which include adjustments to the Nouvelle chicane, Rascasse corner, and Fairmont hairpin, seek to maintain the circuit's character while facilitating more competitive racing dynamics.
Carlos Sainz has expressed concerns that the slow driving tactics employed during the Monaco Grand Prix amount to race manipulation, urging the FIA to implement measures to prevent such strategies in the future. He highlighted that while these tactics have been a recurring issue in Monaco, they detract from the competitive spirit of the sport, as drivers are forced to compromise their pace to adapt to the situation.
Carlos Sainz has expressed confidence that there would be no conflict of interest should his father pursue the FIA presidency, emphasizing their commitment to maintaining integrity in their respective roles. He indicated that if his father's campaign succeeds, they would sever their professional relationship to avoid any potential issues.
FUN STUFF
The World Rally Championship gaming series will revert to Nacon as its publisher starting in 2027, following the decision to end the sport’s relationship with EA after just one game. This partnership aims to create a fresh approach to the franchise, with plans for new titles and esports events spanning six seasons, although fans will have to wait until 2027 for the first release.
Audi has partnered with Vertagear to introduce a line of high-performance gaming chairs designed for comfort and support, catering to both gamers and Audi enthusiasts. The collection features three models, each with unique materials and ergonomic enhancements, priced between $499.99 and $699.99, and is set to ship from July 15.
A recent exploration video, shot at an undisclosed location in the UK, has revealed a collection of severely deteriorated cars at a seemingly abandoned property. The vehicles include rare models like a Morris Minor van and several Renaults, but the nature of their decay and the widespread return to nature means they are unlikely to be salvaged.
Recent advancements in technology have proven crucial for driver safety, as illustrated by a recent incident in Spain where a 22-year-old was saved after losing control of his vehicle. Following the crash, his iPhone automatically contacted emergency services using its crash detection feature, enabling responders to locate and assist him despite his unconscious state.
A Tesla Cybertruck collided with a stationary vehicle while operating in full self-driving mode, as its owner was demonstrating the technology to a friend who was behind the wheel, resulting in mostly superficial damage. This incident highlights the limitations of the technology, intended for use only when the driver is prepared to take over, with the owner acknowledging the need for attentiveness when using such features.
At the Concorso d’Eleganza Villa d’Este, the Alfa Romeo P3 received top honors, yet it was the 1957 BMW 507 Roadster that captured the audience's admiration, earning the "Coppa d’Oro Villa d’Este" for its popularity. With only 251 units produced, this luxury grand tourer, which faced high production costs that limited its market success, remains highly sought after by collectors, with recent auction prices reflecting its enduring value.
Despite being a relatively modern vehicle and unpopular in sales terms, a 2022 Acura NSX has sold at auction for 17% more than its original list price. The vehicle in question is a limited model Type S, which features more power, less weight, and reworked aerodynamics to reduce lift and aid cooling, with the low odometer reading of 1,700 miles likely contributing to a successful sale at almost $220,000.
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