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Saab: China’s Youngman submits new $2 billion offer

Youngman is committed to acquiring Saab The founder of China’s Youngman - Pang Qingnian – has revealed Youngman submitted a $2 billion offer to buy Saab from the administrators on 14th February. We’ve all seemingly written-off Saab as dead and buried; a once proud marque consigned to the scrap heap of history after the debacle of GM ownership and Victor Muller’s ill-fated battle to make Saab an in dependent marque. But there’s one man who hasn’t given up hope of securing a future for Saab, and that man is the Chinese billionaire founder of Youngman, the company which has already spent significant sums trying to acquire Saab, but has so far been thwarted by GM’s golden bullet.

Groups form coalition in effort to replenish the Bonneville Salt Flats

An effort to save the historic Bonneville Salt Flats in Utah is under way with a salt replenishment program to permanently preserve the land. The national landmark is an essential piece of American motorsports heritage, as scores of world land-speed records have been set on the unique formation. The densely packed expanse of land is the dried remnants of a huge prehistoric lake.

15 must-sees at the 2014 Goodwood Festival of Speed

There aren't many places in the world where you can get up close to the Audi R18 e-tron Quattro that won this year's 24 Hours of Le Mans, but you can at the Goodwood Festival of Speed. If you’re lucky, you might even get to talk to a team member and take a peek inside the cockpit of these incredibly advanced LMP1 prototype endurance racers. As a bonus, look out for its rivals: the hybrid Toyota TS040 and Porsche 919.