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The MTA is largely relying on borrowing to pay for the rest of its capital program. But other revenues it is counting on may not materialize, forcing the debt load even higher.
The MTA capital budget is risky enough as advertised: It requires putting $7 billion of repairs and system expansions on transit riders’ credit card. [...]

Source: http://www.streetsblog.org/2011/08/04/funding-assumptions-in-mta-capital-program-already-look-like-fantasies/

Scott Russell Riggs Hiroshi Fushida Beppe Gabbiani Bertrand Gachot Patrick Gaillard Divina Galica

Fernando Alonso says he is not disappointed with his performance in qualifying for the Hungarian Grand Prix, despite failing to reach the first two rows of the grid.

Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/alonso-says-fifth-place-is-no-surprise/

Karl Kling Ernst Klodwig Kamui Kobayashi Helmuth Koinigg Heikki Kovalainen Kevin Harvick

Herald Square, summer 2010. Photo: Ed Yourdon/Flickr
Before Dan Biederman came to Bryant Park, there were no movable chairs, no free movies on summer evenings, no kiosks selling sandwiches and refreshments. No lunch time crowds and not much in the way of civic life or social activity, either. There was, basically, an open-air drug market in [...]

Source: http://www.streetsblog.org/2011/08/03/a-verbal-tour-of-midtown-with-public-space-maestro-dan-biederman/

Scott Russell Riggs Hiroshi Fushida Beppe Gabbiani Bertrand Gachot Patrick Gaillard Divina Galica

Paul di Resta admits that ending his eight-race point-less streak with seventh place in the Hungarian Grand Prix has relieved the pressure that was building on him. The Force India driver prevailed in a tight midfield battle with the Toro Rossos, Nico Rosberg and Kamui Kobayashi to claim the best result of his 11-race F1 career

Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/di-resta-relieved-to-end-point-less-run/

Floyd Anthony Raines Scott Russell Riggs Hiroshi Fushida Beppe Gabbiani Bertrand Gachot Patrick Gaillard

Superleague Formula's proposed season finale at Taupo has been cancelled because potential event sponsors have withdrawn their backing. The championship had been due to visit New Zealand on December 10-11, although at an unspecified circuit

Source: http://www.iracing.com/inracingnews/other-news/formula-cars/superleague/superleague-loses-new-zealand-race/

Kevin Harvick Armour Vienna Sausage Kroger Chevrolet Clint Bowyer Zaxby s Chevrolet Brad Keselowski Ruby Tuesday Dodge

Hey look, a Mini on the streets of Germany! That probably isn?t something to get excited about, but in this case, it’s enough to cause some mild titters. You see, while the company started showing off the new Mini Coupe back in June, all of the official pictures showed the top-of-Mini-mountain John Cooper Works model. [...]

Source: http://feedproxy.google.com/~r/caranddriver/blog/~3/A7w24VeLX3A/

Kevin Michael Harvick Virgil Ernest Irvan III Kenny Dale Irwin Jr Dale Arnold Jarrett Jimmie Kenneth Johnson Kasey Kenneth Kahne

Jenson Button is confident that he has the capability to win another world championship before he leaves Formula 1, having celebrated his 200th grand prix start in Hungary this weekend. The milestone achievement makes Button the eighth most experienced driver in F1 history, and the fourth among the current field, behind Rubens Barrichello, Michael Schumacher and Jarno Trulli. Having spent a long time in midfield equipment before his breakthrough world championship season with Brawn in 2009, Button's career path has been unusual compared to most title-winners

Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/button-i-still-have-more-titles-in-me/

Jo Gartner Tony Gaze Geki Olivier Gendebien Marc Gene Elmer George

The 2011 NASCAR iRacing.com Class A Series, Season 2 came to a close with the final checkered flag of the season at Richmond International Raceway. With many new names climbing the sim racing ladder, Season 2 provided a stepping stone for twelve of the best to move onto the 2011 NASCAR iRacing.com Pro Series. Robert Hall claimed the overall championship, edging-out fellow NASCAR iRacing.com Series World Championship driver Ray Alfalla. Hall raced only thirteen times in the twelve week season, but managed eleven top fives and three wins. The old saying “Consistency wins championships” is once again proven correct, this time by Mr. Hall. In order to qualify for the NiPS, you must finish among the top twelve Class A drivers in the overall season standings. Sounds easy enough? But [...]

Source: http://www.iracing.com/inracingnews/nascar-news/a-dozen-more-black-stripes/

James Christopher McMurray Casey James Mears Juan Pablo Montoya Joseph Francis Nemechek III Ryan Joseph Newman Kyle Eugene Petty

Series organiser Stephane Ratel says seven teams representing seven different car brands have so far committed to the GT World series that the FIA and his SRO group are launching for 2012. Next year the current GT1 World Championship will be superseded by a revised series in which current GT1, GT2 and GT3 cars will be performance balanced to allow them all to race equally for outright honours

Source: http://www.iracing.com/inracingnews/3rdparty/ratel-reveals-first-2012-gt-entries/

Denny Hulme James Hunt Jim Hurtubise Gus Hutchison Jacky Ickx Yuji Ide

Bristol Motor Speedway 50th AnniversaryBRISTOL, Tenn. (Wednesday, Aug. 3, 2011) ? The Bristol Chapter of Speedway Children?s Charities Board of Trustees today announced the establishment of the Jeff Byrd Grant, in honor of the long-time Bristol Motor Speedway president and general manager who passed away Oct. 17, 2010. The $50,000 grant, which will be awarded...more»

Source: http://www.catchfence.com/2011/sprintcup/08/03/bristol-chapter-of-speedway-childrens-charities-establishes-50000-jeff-byrd-grant-in-honor-of-former-bms-president/?utm_source=rss&utm_medium=rss&utm_campaign=bristol-chapter-of-speedway-childrens-charities-establishes-50000-jeff-byrd-grant-in-honor-of-former-bms-president

Bertrand Gachot Patrick Gaillard Divina Galica Nanni Galli Oscar Alfredo Galvez Fred Gamble

Choreographer and filmmaker Gabri Christa commutes to work on her trusty Dutch bike from her home in Staten Island to her office in Rockefeller Center, and to rehearsals and performances all over the city. On her morning commute, she catches the free Staten Island Ferry, meets up with friends, and then hops on the Hudson River [...]

Source: http://www.streetfilms.org/my-nyc-biking-story-gabri-christa/

Alan Jones Tom Jones Juan Jover Oswald Karch Narain Karthikeyan Ukyo Katayama

Yvan Muller captured his third pole position in four World Touring Car races with a storming effort at Oschersleben which left him more than half a second clear of the field. Having spent Q1 under the threat of elimination, Muller was on top throughout the Q2 shootout, topping the timesheets before and after the field pitted for new rubber

Source: http://www.iracing.com/inracingnews/other-news/touring-cars/wtcc/muller-blasts-to-oschersleben-pole/

Gregory Jack Biffle David Lee Blaney Michael Duane Bliss Kurt Thomas Busch Kyle Thomas Busch Jeffrey Tyler Burton

Bobby Labonte and the No. 47 Reese Towpower/JTG_Daugherty Racing Toyota CamryLONG POND, Pa. (August 2, 2011) – - Cequent Consumer Products brand Reese Towpower®, the leading manufacturer for towing products, announced today the company added another race as primary sponsor of JTG Daugherty Racing?s No. 47 Toyota Camry with driver Bobby Labonte in the season...more»

Source: http://www.catchfence.com/2011/sprintcup/08/02/reese-towpower-backs-labonte-at-pocono-and-recently-signs-on-to-sponsor-his-car-at-homestead-miami-speedway/?utm_source=rss&utm_medium=rss&utm_campaign=reese-towpower-backs-labonte-at-pocono-and-recently-signs-on-to-sponsor-his-car-at-homestead-miami-speedway

Terrence Lee Labonte Randy Joseph Lajoie Kevin Paul Lepage William Ashton Lewis Jr Sterling Burton Marlin Mark Anthony Martin

Fernando Alonso has tipped the McLarens as his favourites for victory in the Hungarian Grand Prix - although which of its two drivers succeeds will depend on the run to the first corner, he feels. Despite Sebastian Vettel maintaining Red Bull Racing's lock-out of pole positions this season at the Hungaroring, McLaren has looked to be a serious threat for victory, with Lewis Hamilton and Jenson Button qualifying second and third. And Alonso, who will start from fifth on the grid, thinks it is McLaren that is looking stronger overall than Red Bull Racing.

Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/alonso-mclaren-favourite-to-win/

Parker Kligerman Trevor Bayne Out! Pet Care Toyota Jason Leffler David Carl Allison Gregory Jack Biffle

Hyundai America’s CEO, John Krafcik, took command of the company’s Twitter account this week to tell the world that the next-gen Azera will debut at the 2011 Los Angeles auto show in November. We expect it to hit the market very soon after that and, as Sir Krafcik’s tweet says, it’ll arrive as a 2012 [...]

Source: http://feedproxy.google.com/~r/caranddriver/blog/~3/N5x7xhHL97Q/

Roberto Guerrero Maurício Gugelmin Dan Gurney Hubert Hahne Mike Hailwood Mika Hakkinen