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The Latest Breaking News from AXR

Daytona 24h, H18: Cadillac leads Porsche amid penalty drama

Mathieu Jaminet had just jumped the #31 Action Express Racing Cadillac in the pits for the lead at the end of Hour 18 when the #6 Porsche Penske was penalised for exceeding the amount of energy allowed during a stint.

Motorsport

Daytona 24h Roar: AXR Cadillac edges JDC-Miller Porsche to lead third session

It didn’t take long for Derani, who ended Friday’s evening session fastest, to establish a similar presence at the top of the leaderboard. He pushed the No. 31 AXR Cadillac V-Series.R to a quick time of 1m35.372s around the 3.56-mile road course layout at Daytona International Speedway.

Motorsport

The winner takes all contenders for IMSA's first hybrid crown

Action Express heads to Road Atlanta with an excellent chance of a sixth IMSA SportsCar Championship title in 10 seasons. Its 2021 champion Pipo Derani and Alexander Sims lead both the regular points and the four-round Endurance Cup with third driver Jack Aitken, who rejoins the duo this weekend as…

Autosport

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Sims "surprised" to lead IMSA standings with one race to go

Together with Pipo Derani, the Action Express Racing Cadillac driver holds a slender three-point advantage over Wayne Taylor Racing with Andretti Acura drivers Ricky Taylor and Filipe Albuquerque ahead of the decisive 10-hour enduro at Road Atlanta later this month.

Motorsport

Sims "surprised" to be leading 2023 IMSA standings with one race to go

Autosport

Cadillac promotes Aitken to full-time IMSA role for 2024

Former Williams Formula 1 reserve Aitken will partner Pipo Derani for the entire 2024 campaign at the wheel of AXR’s Whelen Engineering-branded #31 Cadillac V-Series.R.

Autosport

IMSA CTMP: Braun’s Acura beats AXR Cadillac in first practice

Braun’s Acura topped the 90-minute session for the 34-car entry with a quickest time of 1m07.341s, over three quarters of a second clear of all rivals at the fabled sportscar track near Toronto.

Motorsport

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Should You Buy These 3 Real Estate Stocks?

Real estate services stocks are expected to benefit from the falling home prices and mortgage rates. Amid this backdrop, it could be wise to buy fundamentally strong real estate stocks Guild Holdings (GHLD), RMR Group (RMR), and AMREP Corporation (AXR). Read more.

StockNews.com

3 Real Estate Stocks to Buy in June

While the Fed’s rate hikes curbed appetite for real estate, the industry’s long-term prospects look impressive. So, investors could consider buying quality real estate stocks, Guild Holdings (GHLD), RMR Group (RMR), and AMREP (AXR). Read on.

StockNews.com

Real Estate Sector Sees Upswing as Commercial Properties Adapt to Remote Work: 3 Stocks to Consider

Remote working is here to stay, there is no doubt about that. While businesses adapt to the new norm, it poses an opportunity for the real estate service industry to evolve with new and innovative solutions. Given the upswing, fundamentally sound stocks FirstService Corp. (FSV), AMREP Corp. (AXR), and Comstock…

StockNews.com

Going Once, Twice, SOLD! 3 Stocks Investors Are Buying Right Now

As mortgage rates continue to fall, the demand for residential and industrial property is expected to increase. Amid this backdrop, it could be wise for investors to buy fundamentally strong real estate services stocks Hang Lung Properties (HLPPY), Guild Holdings (GHLD), and AMREP (AXR). Keep reading.

StockNews.com

Aitken: "Smart" driving helped AXR Cadillac win amid Sebring chaos

The #31 Cadillac V-Series.R shared by Aitken, Alexander Sims and Pipo Derani was the prime beneficiary when both Penske Porsche 963s and the Wayne Taylor Racing Acura ARX-06 were eliminated in a three-way crash inside the final 20 minutes of the race.

Motorsport

IMSA Sebring 12 Hours: AXR Cadillac wins after wild, late-race GTP pile-up

Apart from a pitlane speeding penalty, the #10 Wayne Taylor Racing Acura of Ricky Taylor, Filipe Albuquerque and Louis Deletraz had a seemingly comfortable race until a series of late restarts embroiled them in a battle with the #6 Porsche Penske Motorsport car of Mathieu Jaminet, Nick Tandy and Dane…

Autosport

Sebring 12 Hours: AXR Cadillac wins after wild, late-race GTP pile-up

Apart from a pitlane speeding penalty, the #10 Acura of Ricky Taylor, Filipe Albuquerque and Louis Deletraz had a seemingly comfortable race until a series of late restarts embroiled them in a battle with the #6 Porsche of Mathieu Jaminet, Nick Tandy and Dane Cameron.

Motorsport

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Motorsport

Sebring 12H Hr 9: WTR Acura leads, heartache for Ganassi Cadillac

The race’s fifth full-course caution was caused by the #24 BMW M Hybrid V8 of Augusto Farfus grinding to a halt, then proceeding slowly toward the pits – a destination it never made. Almost simultaneously, Kyffin Simpson had a sizeable off in his Tower Motorsport LMP2 car.

Motorsport

Derani: AXR Cadillac has needed only “very small” changes

Cadillac has won the past two 12-hour races at Sebring and in fact its DPi-V.R model took four of the six Sebring 12hrs run in the IMSA WeatherTech SportsCar Championship’s DPi era.

StockNews.com

2 Real Estate Stocks to Sell ASAP and 1 to Buy

Home buying sentiment has been improving lately. Moreover, declining mortgage rates should further support the real estate industry. Given the sound prospects of the real estate sector, investors could consider buying quality real estate stock, AMREP (AXR). However, WeWork (WE) and Opendoor Technologies (OPEN) might be best avoided considering their…

Autosport

Daytona 24, Hour 12: Acura leads Cadillac at half-distance

The Meyer Shank Racing Acura of Simon Pagenaud had reclaimed the lead of the Daytona 24 Hours as the race reached mid-distance, but its rivals were in hot pursuit.

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Motorsport

Rolex 24, Hour 12: MSR Acura leads AXR Cadillac at half-distance

Meyer Shank Racing’s Simon Pagenaud led the field as the clock ticked past the halfway mark in the 61st Rolex 24 Hours, with the AXR Cadillac of Alexander Sims, the WTR Acura and the #6 Porsche in hot pursuit.

Autosport

Aitken ends Williams F1 role to focus on sportscars

Jack Aitken has announced he and the Williams Formula 1 team have parted ways ahead of the 2023 season as he pursues a career in sportscar racing.

Motorsport

Aitken confirms split with Williams F1 to focus on sportscars

Jack Aitken has confirmed that he and the Williams Formula 1 team have parted ways ahead of the 2023 season as he pursues a career in sportscar racing.

Motorsport

Cadillac: Two-team GTP approach ‘advanced us a lot quicker’

Cadillac Racing’s multi-team approach to the inaugural season of hybridized GTP cars in IMSA has “advanced the technology a lot quicker”, according to Chip Ganassi Racing’s Mike O'Gara.

Autosport

Friday favourite: The underrated Portuguese ace who became IMSA's king

Sportscar stalwart Joao Barbosa formed a well-matched partnership with Christian Fittipaldi during the final years of the ex-Formula 1 racer’s long and varied career. Earning back-to-back titles IMSA titles and two landmark endurance victories at Daytona together, the Portuguese is Fittipaldi’s pick as his favourite team-mate in Autosport’s ongoing series

Motorsport

Aitken joins AXR for Rolex 24, Dixon confirmed at Ganassi

The last remaining seats in Cadillac’s roster for the Rolex 24 Hours at Daytona have been filled by Williams F1 reserve driver Jack Aitken and six-time IndyCar champion Scott Dixon.

Motorsport

Cadillac completes 24-hour test at Sebring

Chip Ganassi Racing’s Cadillac V-LMDh ran the equivalent of two 12 Hours of Sebring races on the full-length iteration of the track this week, with the AXR Cadillac also in action.

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