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Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.

Nissan and PlayStation to grow gamer-to-racer program for 2012

Nissan and PlayStation will hold their fourth GT Academy in 2012. The program trains gamers to race real cars competitively and will expand to include the United States, Russia, Germany and Europe. This year's contest will start on May 1 and remains open until June 24.

Skip Barber Racing School rolls back prices

Skip Barber Racing School is turning back the clock to 2001, when gasoline cost less than $2 a gallon and a three-day racing school cost just $3,000. All 12 locations will move to the new pricing scheme temporarily, to give more drivers a chance to get behind the wheel and do some performance driving. Skip Barber has been teaching people to race for more than 30 years.