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Longer term rallies are typically the outcome of events with a longer-term impact such as changes in government tax or fiscal policy, business regulation or interest rates. Economic data announcements that signal positive changes in business and economic cycles also have a longer lasting impact that may cause shifts in investment capital from one sector to another. For example, a significant lowering of interest rates may cause investors to shift from fixed income instruments to equities. This would create a rally in the equities markets.
“Ask anyone to name a rally driver and the first name that comes to mind is invariably Colin McRae,” said Silverstone’s Adam Rutter. “He was always a favourite among rally fans but his incredible success also made him a household name.” The auction house expects this very Focus to sell for between £120,000 and £140,000, or about $170-200k when the gavel drops on February 23. 

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The French started their own Rallye des Alpes Françaises in 1932, which continued after World War II as the Rallye International des Alpes, the name often shortened to Coupe des Alpes.[29] Other important rallies started between the wars included Britain's RAC Rally (1932)[30] and Belgium's Liège-Rome-Liège or just Liège, officially called "Le Marathon de la Route" (1931),[31] two events of radically different character; the former a gentle tour between cities from various start points, "rallying" at a seaside resort with a series of manoeuvrability and car control tests; the latter a thinly disguised road race over some of Europe's toughest mountain roads.
Following his win at the Brands Hatch meeting of the 2007 World Touring Car Championship season, Andy Priaulx dedicated it to McRae, commenting that his death "shows how fragile life can be".[37] McRae's former rival, four-time World Rally Champion Tommi Mäkinen commented the helicopter accident as terrifying news, and described McRae as "a pleasant fellow and a tough rival".[38] Valentino Rossi, who was taught the basics of driving a rally car by McRae, said he was shocked and saddened by the sudden departure of the former World Rally Champion. Valentino dedicated his win at Estoril MotoGp in 2007 to Colin McRae saying to the media "I want to dedicate this to Colin McRae. He was one of my big idols when I was very young and it's because of him I have a big passion for rally".[39]
In 1986, driving a Talbot Sunbeam, McRae entered the Scottish Rally Championship and soon made a name for himself with his speed and exciting style of driving. His driving style drew many comparisons to Finnish ex-World Rally Champion Ari Vatanen, whom McRae had always idolised. In 1988 he performed a giant-killing act when he took the Scottish Rally Championship series crown in a humble Vauxhall Nova. Craving more power, his next car was a Ford Sierra XR 4x4.
On 27 September 2008 the Colin McRae Forest Stages Rally took place in Perth, Scotland. An enhanced entry list of several former big name rally drivers took part in memory of Colin.[41] The impressive entry list included ex-World Championship drivers Hannu Mikkola, Ari Vatanen (partnered by his 1981 WRC winning co-driver David Richards), Björn Waldegård, Stig Blomqvist, Malcolm Wilson, Russell Brookes, Jimmy McRae, Andrew Cowan and Louise Aitken-Walker, many competing in their original cars. A handful of current WRC drivers also took part including Matthew Wilson, Kris Meeke and Travis Pastrana. The event was deemed a great success, attracting record spectator numbers to the Perthshire forests. Outright winner was Stobart VK M-Sport Ford Rally Team driver Matthew Wilson in a Ford Focus WRC. Fittingly, Colin's brother Alister McRae won the classic category.
Longer term rallies are typically the outcome of events with a longer-term impact such as changes in government tax or fiscal policy, business regulation or interest rates. Economic data announcements that signal positive changes in business and economic cycles also have a longer lasting impact that may cause shifts in investment capital from one sector to another. For example, a significant lowering of interest rates may cause investors to shift from fixed income instruments to equities. This would create a rally in the equities markets.
Between 1997 and 2010, the regulations mandated that World Rally Cars must have been built upon a production car with a minimum production run of 2500 units. A number of modifications could be made including increasing the engine displacement up to 2.0L, forced induction (including an anti-lag system), addition of four wheel drive, fitment of a sequential gearbox, modified suspension layout and attachment points, aerodynamic body modifications, weight reduction to a minimum of 1230 kg and chassis strengthening for greater rigidity. The maximum width was set at 1770 mm while front and rear tracks shouldn't exceed 1550 mm.

His first WRC event was the 1987 Swedish Rally behind the wheel of his Nova, and again two years later, driving the Sierra and finishing 15th overall. Later that year, he finished 5th overall at Rally New Zealand in a rear wheel drive Sierra Cosworth. By 1990 McRae was driving a Sierra Cosworth 4x4 and achieved sixth place in that year's RAC Rally, despite several accidents. 1991 saw McRae turn professional as he was signed by Prodrive boss David Richards to his Subaru team in the British Rally Championship for an annual wage of approximately £10,000.[9] McRae was British Rally Champion in both 1991 and 1992, soon graduating to the Subaru factory team at World Rally Championship level.[10] 1992 also saw Colin McRae make his début in the British Touring Car Championship, with a one-off appearance for the Prodrive-run BMW factory team at the Knockhill round. In the second of the two races of the event, McRae collided with Matt Neal. Race officials found McRae to have caused an avoidable collision and subsequently disqualified him.[11]


Rising investor confidence also indicates a rally, and it is perhaps more powerful than any economic indicator because when investors believe something is going to happen (a rally, for example), they tend to take action (purchasing shares in order to profit from expected price increases) that actually turn expectations into reality. Although it is an objective concept, investor sentiment shows through in mathematical measurements such as the put/call ratio, the advance/decline line, IPO activity, and the amount of outstanding margin debt.
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