Color Palette:
1. Color Name: Midnight Blue
   Hex Code: 
                            
                            #003366
                        
   Description: Represents the sleek and modern design of a motorsport news application.
   
2. Color Name: Racing Red
   Hex Code: 
                            
                            #FF0000
                        
   Description: Symbolizes speed, excitement, and passion associated with motorsports.

3. Color Name: Carbon Black
   Hex Code: 
                            
                            #333333
                        
   Description: Reflects the sophistication and elegance of a motorsport news platform.

4. Color Name: Speed Silver
   Hex Code: 
                            
                            #C0C0C0
                        
   Description: Evokes a sense of technology and innovation in the world of motorsports.

5. Color Name: Victory Green
   Hex Code: 
                            
                            #009933
                        
   Description: Signifies growth, success, and achievement in the motorsport industry.

6. Color Name: Checkered Flag White
   Hex Code: 
                            
                            #FFFFFF
                        
   Description: Represents purity, clarity, and the competitive spirit of motorsport racing.