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Rebuilding a Once-great Racing Name: the Return of Lola Cars

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Enlarge / A Lola Mk1 in the foreground and a Lola B12/60 from 2012 in the background. (credit: Lola Cars)

When I first heard of the plan to revive Lola Cars, I had some trepidation. In these days of SPAC-powered exuberance and blockchain hype, it would be pretty easy for a company to take the cynical approach: Design (if not necessarily ever build) a ludicrously expensive electric hypercar and maybe some NFTs and wait for the hype to roll in. Thankfully, those ideas couldn’t be further from the new owner’s plans.

“Simply put, our plan is to bring Lola back to a former version of itself. To me, that means being a design and engineering force in modern motorsport,” explained Till Bechtolsheimer, an investor and amateur racing driver who bought the company’s assets in June.

Older racing fans will know the Lola name. The company was founded in the UK in 1958 by Eric Broadley, and by 1962, it had entered Formula 1 as a constructor, though never with much success. A pair of second-place finishes for John Surtees that year were the best results Lola-built F1 cars could muster, and the company’s planned return to the sport in 1997 with the backing of MasterCard was a complete fiasco that ended when neither of the company’s cars qualified for that year’s opening race in Australia.

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Original Article: arstechnica.com

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The Flight Tracker That Powered @ElonJet Has Taken a Left Turn

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Enlarge (credit: SeongJoon Cho/Bloomberg/Getty Images)

A major independent flight tracking platform, which has made enemies of the Saudi royal family and Elon Musk, has been sold to a subsidiary of a private equity firm. And its users are furious.

ADS-B Exchange has made headlines in recent months for, as AFP put it, irking “billionaires and baddies.” But in a Wednesday morning press release, aviation intelligence firm Jetnet announced it had acquired the scrappy open source operation for an undisclosed sum.

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Original Source: arstechnica.com

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BREAKDOWN: Is 2023 the Year the US Gets Serious About Protecting Privacy?

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A discussion of the Bank Secrecy Act and new privacy priorities in Congress.

On this week’s “Long Reads Sunday,” it’s all about privacy. NLW reads:

Sweeping Crypto Regulation? First Update the Bank Secrecy Act” – Mark Lurie

Privacy Is a Human Right – and the 118th Congress Must Defend It” – Lia Holland, Eseohe Ojo

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26–28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Swoon” by Falls. Image credit: Matt Anderson Photography/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Source: content.production.cdn.art19.com

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General Motors Is Investigating Small EV “party” Trucks

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Enlarge (credit: Aurich Lawson | Getty Images)

General Motors provided flights from San Francisco to Detroit and back, plus a night in a hotel, so we could visit the GM design center. Ars does not accept paid editorial content.

After years of insisting that truck buyers are demanding larger and larger vehicles, automakers have seen the light and understand that many people want smaller, more efficient pickups. Maybe.

Hot on the heels of the explosive sales of the Ford Maverick and the relatively good sales of the Hyundai Santa Cruz, GM seems to have caught “small trucks with efficient powertrains” fever. Well, at least the designers have come down with that rare—and hopefully incurable—condition.

During a tour of GM’s design center in Warren, Michigan, the automaker gave Ars Technica a peek into its thoughts about future EVs.

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Original Article: arstechnica.com

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