A quartet of historic Formula One cars spanning some of the most exciting years of the sport will be offered at RM Sotheby’s upcoming Monaco auction. Comprising two Ferraris, one Toleman, and a Fittipaldi, the Grand Prix cars are expected to sell for more than €10 million ($11.5 million).
Batic Investment and Logistics Company has announced that its wholly-owned unit Saudi Transport and Investment Company (Mubarrad) had reached an agreement to acquire 90 MAN truck heads from Haji Husein Alireza & Co. Ltd., as part of efforts to modernise its fleet.
Mazad, a leading digital auctions and marketplace platform in Bahrain, and a Mumtalakat portfolio company, has announced the launch of a special auction for a unique three‑digit vehicle license plate number, 994, in response to the growing demand for distinctive triple‑digit plates.
The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has announced the winners of the first UN Tourism Awards for Excellence in Sustainable Sports Tourism, powered by the FIA.
Royal Commission for Makkah City and Holy Sites plans to nearly double Makkah Taxi fleet capacity this year to around 1,600 vehicles, supported by the issuance of three new operating licences to taxi companies under its General Transport Center.
Lexus has announced the arrival of the new IS in the Middle East, marking the latest evolution of the compact front-engine, rear-wheel-drive (FR) sports sedan.
MotoGP has confirmed that the Qatar Grand Prix, originally scheduled for April, has been postponed to November 8 due to the ongoing geopolitical situation in the Middle East.
The Bahrain and Saudi Arabian Formula One Grands Prix will not take place in April as scheduled due to the ongoing situation in the Middle East region, the FIA said.
Abu Dhabi’s Integrated Transport Centre (ITC), an affiliate of the Department of Municipalities and Transport, has announced the expansion of the commercial operations of autonomous taxi services on Yas Island.
Lucid Group, the maker of advanced software-defined vehicles and technologies, has announced a comprehensive financial and product strategy designed to scale its business, accelerate its path to profitability and positive free cash flow.
