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Le Mans regulations for 2014 announced

The organisers of the Le Mans 24-hour have announced a raft of radical new rules on the eve of the 2012 race - including the less restricted use of hybrid power for the top-flight LMP1 racers from 2014. The governing ACO (Automobile Club de l'Ouest) unveiled the major changes due in two years' time as the teams start the 80th 24 Heures du Mans event which runs from Saturday 16 - Sunday 17 June 2012. In order to stay in tune with our environmentally-conscious, economically-chastened times, the focus of the alterations is to improve the efficiency of the elite LMP1 cars' technology and cement a link with roadgoing hybrids, as well as making the race cars safer.

California car dealer buys cache of Ferraris

A collection of 21 Ferraris has changed hands, and it's headed for the United States. Car collector Tom Price, owner of Price Family Dealerships in Marin County, Calif., bought 21 classic Ferraris. The collection hit the market last year as Dutch vehicle-distributor Kroymans entered into bankruptcy.

Porsche 918 Spyder crashes in Germany

Porsche is in hot water with German authorities following an accident involving a prototype version of the gasoline-electric hybrid-powered 918 Spyder on a public road last month, according to reports in the German media. The accident, which took place between the towns of Bietigheim-Bissingen and Ludwigsburg (close to Porsche's research-and-development center), saw the 875-hp 918 Spyder spin out of control and collide with a guard rail. Parts of the new $845,000 Porsche flagship are said to have broken loose in the collision before being collected by an oncoming car.