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.
First- and second-generation Ford Escorts are some of the most popular vintage rally cars in Europe. They're eligible for import via the 25-year rule, which means people are starting to rally them on this side of the pond too. If you're looking for a good time on dirt, the Escort is the car for you. Here's an unrestored Mk1 model up for bidding now.
The Texas Region of the Sports Car Club of America invites you to a fun drive in the country in Collin County, Texas. We give you a map and a list of questions to be answered by visiting specific locations on the map. With this year’s theme, locations to be visited are churches, farms and ranches. You determine your route, go to each location, and answer a question that verifies you have been there. The team who visits all the required landmarks in the shortest distance will win, and the winners will receive awards. Speed is not a factor.
However, if you are heading for a spin around your favourite backcountry twister, then there are few cars better suited. Independent suspension all-round, a turbocharged 230hp 2.0-litre engine and all-wheel drive, mixed with the early signs of Ford’s newfound commitment to handling, meant the Cosworth would devour pretty much any flavour of road in its path.
A "Celebration of Life" service took place at St Nicholas Church in Lanark on Sunday 30 September at 4 pm. Images from McRae's career and personal life were displayed on large video screens outside the church. Around 700 mourners filled the church, with crowds of up to 15,000 outside. Shortly before 4 pm, Martin Hewins, McRae's personal bagpiper for many years, played "Flower of Scotland" as the family arrived at the church. The service was conducted by the Rev Alison Meikle, who said "Two weeks ago Lanark was struck by silence. A terrible silence bought at an enormous price. However, in our tears love is stronger than death." Later, the Kenny Rogers and Dolly Parton song "Islands in the Stream", a favourite of Johnny's, was played. Friends of the pair shared poems and anecdotes from the McRaes' lives. After the service, Colin McRae's widow, brother and father bowed and applauded the crowds who had gathered outside to pay tribute to the McRaes.[31]
These events were road races in all but name, but in Italy such races were still allowed, and the Mille Miglia continued until a serious accident in 1957 caused it to be banned.[43] Meanwhile, in 1981, the Tour de France was revived by the Automobile-Club de Nice as a different kind of rally, based primarily on a series of races at circuits and hillclimbs around the country.[44] It was successful for a while and continued until 1986. It spawned similar events in a few other countries, but none survive.
In Africa, 1950 saw the first French-run Méditerranée-le Cap, a 10,000-mile (16,000 km) rally from the Mediterranean to South Africa; it was run on and off until 1961, when the new political situation hastened its demise.[51] In 1953 East Africa saw the demanding Coronation Safari, which went on to become the Safari Rally and a World Championship round,[52] to be followed in due course by the Rallye du Maroc and the Rallye Côte d'Ivoire. Australia's Redex Round Australia Trial also dates from 1953, although this remained isolated from the rest of the rallying world.[53]
McRae was married to Alison,[4] and had two children, Hollie and Johnny.[5] McRae moved to the principality of Monaco in 1995, partly through his friendship with David Coulthard.[6] However, as his young family grew up, he spent more time back at his home in Lanarkshire—accepting the higher tax liability of living in Scotland.[7] The couple bought the 17th century Jerviswood House.
We take rally cars based off front-wheel-drive subcompacts for granted now, but the Mini Cooper was the first of the breed. The humble Mini was originally designed to be an affordable city car, but others saw different possibilities. Race car engineer John Cooper took a 997cc engine out of one of his Formula Junior racers and fitted disc brakes to the Mini to create the Mini Cooper. In hotter Cooper S form, the Mini won the Monte Carlo Rally in 1964, 1965 and 1967, setting the template for so many rally cars to come.
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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