Volvo, the last bastion of Swedenism in the automotive landscape, was holding the line in motorsports, with entries in the Swedish Touring Car Championship and Australian V8 Supercars. And now Volvo just said that they won't be continuing after the contracts run out, and they're pulling out of racing entirely.
Not 24 hours since the first rumblings of a surprising-but-unlikely Volvo V8 Supercar program surfaced publicly, it's become clear that a confirmation of such a program is imminent. In fact, it could happen as soon as later this month.
Those Swedish hippies are at it again. For 2008, Volvo is racing in the Swedish Touring Car Championship (STCC) with a C30 hatch that runs on bioethanol fuel. And to make sure everyone knows it, they've painted
psychedelic flowers "GREEN RACING" all over it. Allegedly, the car is based on a standard production C30,…