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IRANIAN PRESIDENT AUCTIONS PEUGEOT

IRANIAN President Mahmoud Ahmadinajad is auctioning his 1977 Peugeot 504 to raise money for charity. The often controversial leader is inviting bids through Iran’s Central Bank, with the money raised intended to be used to build homes for the poor and disabled of Iran. Interested parties can register through a website in order to place offers.

McLaren denies Ron Dennis demotion rumors

McLaren has denied reports that boss Ron Dennis is being demoted in the wake of the automotive division he heads losing money. Germany's Auto Motor und Sport broke the news this week that Dennis could be demoted. He is known for shaping McLaren into a motorsports powerhouse, and has spearheaded its automotive division since 2009.

Range Rover Sport sets desert crossing record

A RANGE Rover Sport has set a new record for the fastest crossing of one of the harshest desert environments on Earth. The new off-roader, which was standard apart from an additional protection plate under the chassis, crossed the Empty Quarter in the Middle East between Wadi Adda Wasir in Saudi Arabia and the border of the United Arab Emirates in 10 hours and 22 minutes at an average speed of 51.87mph. Covering 530 miles en route to the new record, the Range Rover Sport was driven by veteran Dakar rally expert Moi Torrallardona, a man who understands everything there is to know about driving large off-road vehicles in demanding desert conditions.