Latest news with #Chassis


Time of India
07-05-2025
- Automotive
- Time of India
Brawn GP's 2009 title-winning F1 car sold for a staggering $3.8 million at Miami Grand Prix
The Brawn GP 2009 F1 car sold for $3.8 million at the Miami Grand Prix, marking an iconic auction moment. (Credit: Bonhams) Brawn GP's 2009 F1 fairy tale comes full circle with $3.8M auction at Miami Grand Prix One of Formula 1's most iconic underdog machines – the Brawn BGP 001 chassis 001/01 – went under the hammer for a staggering $3.8 million during the 2025 Miami Grand Prix . Sold by Bonhams|Cars in collaboration with South Florida Motorsports, this rare machine was displayed and auctioned right at the heart of the action: the Miami podium at Hard Rock during Brawn GP's single, unforgettable 2009 season, Chassis 001/01 is one of just three ever built, and notably, the only one to have been made available for public sale. It embodies the essence of one of F1's most improbable triumphs — a story born out of Honda's sudden withdrawal from the sport in 2008. Ross Brawn and Nick Fry bought the team for a symbolic £1, forged a new partnership with Mercedes-Benz, and turned the ashes of a crisis into a world championship double.'This car represents the ultimate Formula 1 fairy tale – a revolutionary design that redefined what was possible,' said Louis Frankel, Miami's head of sales for Bonhams|Cars, ahead of the auction. 'Chassis 001/01 is a piece of motorsport history, and its offering at auction is sure to captivate collectors worldwide. We are honoured to present this unrepeatable opportunity over the Miami Grand Prix, a stage befitting its legendary status.'Driven by Rubens Barrichello in most races during the 2009 season, the car was later handed to Jenson Button as a championship-winning token. Initially offered a replica, Button pushed back, and after legal wrangling, was rightfully awarded the original Chassis 001/01. While Button drove chassis 002 in races, this particular car holds deep sentimental and historic value — especially as the first and only Brawn GP car publicly the car retains its 2.4-liter Mercedes-Benz FO108W V8 power unit capable of delivering a ferocious 750bhp at 18,000rpm, though the lack of gearbox internals prevents it from being track-ready. Fitted with Bridgestone slicks, it looks every bit the beast that dominated the 2009 the impressive $3.8 million sale, the final bid did fall short of its projected estimate of $4.5–6.5 million.'We are excited to continue our partnership with Bonhams|Cars and bring even more success to this year's event,' said Tyler Epp, president of the Miami Grand Prix. 'There is a strong car culture in South Florida… to own one of the items in this special lot will add further appeal to a busy weekend of on-track action at this year's race.'Indeed, few machines represent such a perfect fusion of racing excellence and emotional Read: Oliver Oakes resigns as Alpine F1 team boss, Flavio Briatore to take charge


Cision Canada
30-04-2025
- Automotive
- Cision Canada
U POWER Tech Unveils All-Electric Vehicle Solution at ACT Expo
SHANGHAI, April 30, 2025 /CNW/ -- U POWER Tech, a global innovator in smart electric vehicle solutions, today showcased its complete lineup of urban logistics and specialty EV platforms at ACT Expo, North America's largest commercial vehicle event. This showcase marks a significant milestone for U POWER Tech's strategic expansion into North America, highlighting its groundbreaking skateboard chassis technology designed to transform the commercial vehicle sector. At ACT Expo, U POWER Tech introduced three purpose-built products: UP VAN: Engineered specifically for last-mile delivery, the UP VAN is the world's most energy-efficient commercial Delivery Van, offering unmatched operational efficiency through longer range, reduced energy consumption, and optimized cargo space. It empowers logistics providers to drastically reduce operational costs and improve productivity in urban environments. UP Chassis Cab: UP Chassis Cab allows for easy upfitting. It meets rigorous European crash standards, ensuring safety and compliance, while providing a smart, flexible solution to businesses seeking rapid electrification of their fleets. UP Chassis: A highly versatile platform designed for multiple duty cycles and applications. UP Chassis meets the needs of many commercial and fleet customers, enabling fully electric, purpose-built solutions for demanding end users. All products presented by U POWER Tech feature comprehensive electric and intelligent capabilities, offering commercial vehicle operators the industry's most advanced and customizable electrification solutions—catering precisely to their individual requirements. Leveraging innovation from Silicon Valley and supply-chain strength from China, U POWER Tech has built a robust global value chain covering key EV components such as batteries, motors, and controls. The company is already delivering products in North America, Europe and Africa, and the launch in ACT will further deepen its global expansion. U POWER Tech has secured substantial funding from investors including Matrix Partners, ZhenFund, and Bosch's Boyuan Capital, affirming the commercial viability and growth potential of its technology. "ACT Expo marks a key milestone for us," said Yao, General Manager of U POWER Tech North America. "We're committed to delivering exceptional products while working together to build a zero-carbon logistics ecosystem that makes electric mobility both accessible and efficient." As an industry disruptor, U POWER Tech is transforming electric vehicle development with its skateboard chassis technology. Leading the shift from traditional single-model to a shared-platform development, U POWER is redefining how commercial vehicles are built, scaled, and electrified. Established in 2021 in Shanghai and Silicon Valley, U POWER Tech specializes in smart EV solutions built on skateboard chassis technology, driving the automotive industry's transition toward standardized, platform-based electric vehicles globally.