Source: Jalopnik (No link due to foul language)

American Media has given mph the axe. Their circ was growing while others’ were falling. They’d really started to hit their stride. They were one of the strongest magazine crews the auto publishing world’s seen on this side of the pond in quite a while. When we saw that AMI had cherry-picked Alterman, Pund and Austin to fire the pub up, we knew they’d done it right; they’d nabbed three of the best young minds in the business, and they were handing them the reins.