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Daytona decision reversed, Level 5 Motorsports reinstated as class winners [w/video]

After its first ever race at the Rolex 24 at Daytona, we can already tell that there should be plenty of excitement in the newly formed United SportsCar Racing series. Of the four competing classes, three of the winners came down to close last-lap performances, but perhaps none were as close - or controversial - as the GT Daytona (GTD) winner. Spoiler alert.
Midway through the infield portion of the Daytona International Speedway, the Level 5 Motorsports No. 555 Ferrari 458 Italia was trying to hold onto its first-place position over the Flying Lizard Motorsports No. 45 Audi R8. The R8 took an aggressive line trying to pass the Ferrari, and it ended up running out of track and driving off the course momentarily. International Motor Sports Association (IMSA) officials originally thought there was avoidable contact on the Ferrari's part and penalized the team accordingly, which meant Flying Lizard was the class winner. After watching the video replay, though, it was clear that there was no contact between the two cars. Officials overturned the ruling, rightfully giving the Level 5 Motorsports team the Rolex win.
A brief statement from IMSA is posted below regarding the matter, and we've also included a full video recap of the race from FOX Sports where you can see this GTD incident starting at the 2:30 mark.

Ferrari posts record profits on restricted volume

Most automakers are after one thing and one thing only: selling more cars. Because, after all, selling more cars means making more money. Right? Well that's usually the case, but Ferrari has taken a different approach. Rather than try and sell more cars, Ferrari intentionally sold fewer models in 2013, yet it made more money.
The move was implemented after 2012 emerged as the strongest year in the company's history. Instead of pushing to sell even more cars, it opted to maintain a level of exclusivity by selling fewer - 5.4 percent fewer than the year before, to be specific - thereby ensuring that those it did sell were worth more. As a result, in 2013, Ferrari logged record turnover, profits and finances: on 2.3-billion euros of revenue (up 5 percent from the previous year), Ferrari recorded 363.5 million euros in profit last year - that's roughly $500M USD.
Before you go jumping to conclusions, though, bear a few factors in mind. For one, Ferrari's stakeholders aren't pocketing all that cash - they're reinvesting it into the company: over the course of the same year, Ferrari invested some 337 million euros - 464 million dollars - in research and development. And while the company's extensive merchandizing efforts continue to bring in more cash, at 54 million euros ($74M) raised last year, the branding operation still doesn't account for a sixth of overall revenues. Still, it's little wonder that the experts at Brand Finance have named Ferrari the world's most powerful brand for the second year running.

Race Recap: 2014 German Grand Prix is relapse and recovery

The 2014 German Formula 1 Grand Prix is the hump-day race in the season and the penultimate chance for drivers and teams to rack up points before the summer break. Trying to stay on top after his first DNF of the year at the British Grand Prix, Mercedes AMG Petronas driver Nico Rosberg didn't have to wait until the race for misfortune to find Lewis Hamilton; his British teammate crashed out of the Q2 qualifying session due to a brake failure, then had to change his gearbox due of the crash, a calamity that left him starting 20th on the grid.
Rosberg took pole ahead of the Williams duo of Valtteri Bottas and Felipe Massa, with Kevin Magnussen surprising everyone with a fourth place in his McLaren. Daniel Ricciardo put the first Infiniti Red Bull Racing in fifth, ahead of teammate Sebastian Vettel, Ferrari pilot Fernando Alonso, Toro Rosso driver Daniil Kvyat, the Force India pair of Nico Hülkenberg and Sergio Perez finishing the top ten.
In a replay of events in Britain but with a German accent, a first-lap incident brought out the Safety Car and the same Brazilian was taken out of the race.