Guangzhou Auto Plans IPO estimate US$2 billion
Jun. 15, 2007 (China Knowledge) 鈥揋uangzhou Automobile Group Co. one of China's 10 largest car makers plans an initial public offering (IPO) early next year, the estimate will be between US $900 million and US$2 billion. Shanghai listing could be added to the Hong Kong listing said a source Guangzhou Auto hired investment banks China International Capital Corp., J.P. Morgan Chase & Co., Lehma..... .
Motorsport: Masons's three for three
Masterton driver Richard Mason made it a hat-trick of Rally Wairarapa wins yesterday in the third round of the New Zealand Rally Championship. Mason wiped any hint of competition with a clean-sweep of stage victories - pushing his overnight leading margin to a total of two minutes 05 seconds.
The Ford Fiesta of Auckland's Mark Tapper finished seventh overall, overtaking the previous leading two-wheel drive car of Kapiti's Aaron Cook (Honda Jazz), who finished eighth.
With 24 cars finishing the day, the major retirement was the Subaru Impreza of Emma Gilmour, who had gearbox problems.
The fourth round moves to Hawkes Bay on August 3-4.
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Szoke Fastest In Parts Canada Superbike Practice Friday At Mont ...
MONT-TREMBLANT, QC 鈥?The new Parts Canada Superbike Championship season started with a familiar name at the top of the timesheets Friday, as defending series champion Jordan Szoke led practice at Le Circuit Mont-Tremblant. The Brantford, Ont. racer rode his Canadian Kawasaki Motors Kawasaki ZX-10R to a time of one minute, 40.409 seconds around the 4.275km (2.65-mile) circuit. Cochrane, Alta.'s Clint McBain was second fastest with a time of 1:41.170 on his Suzuki acceleration Racing Suzuki GSX-R1000 and Steve Crevier of Maple Ridge, B.C. was third on the Team Toyota Yamaha / Fast Company Yamaha YZF-R1 with a lap at 1:41.503. 鈥淚 can't complain. I'm very determined and I'm very eager to defend the number one plate," said Szoke, who won five of seven races last season, including the round at Mont-Tremblant.
More From The WERA National At Miller Motorsports Park
The Millnic Media Honda Team of Melissa Paris, Greg White and Steven Breckenridge has accomplished a season long goal in only their third time on the track. On Saturday June 16th in the WERA/AMA National Endurance Series Millnic Media Honda notched its first win of their freshman season. Competing in the Mediumweight Superstock class the 2007 Honda CBR600RR mounted team completed 157 laps around the 3.02 mile Miller Motorsports Park Circuit. Not only did the Millnic Media Honda Team win their class, but were able to complete enough laps to finish 5th overall. Millnic Media Honda's weekend did not start the way they had hoped when team rider Greg White had an unfortunate incident with another rider during Miller Motorsports Park open track day on Thursday before the race. Greg was transported to the University of Utah's Trauma center and was out of racing competition for the weekend.