Teams preparing to run in the World Endurance Championship’s planned hypercar class will be happy to learn the cost of entry could be lower than previously thought. The new budget reportedly sits at $23 million for a two-car entry, down from from a previous estimate of between $28.7 million and $34.4 million that was given when the FIA first…

Evidence is mounting that Ford and the Volkswagen Group could form deeper ties than once imagined. Both automaker’s announced a memorandum of understanding in June to research partnerships and joint-production of vehicles, but that might have just been the start. USA Today reported Tuesday that analysts believe both companies have begun to…