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Hennessey Venom GT hits new, unofficial, speed record (video)

The Hennessey Venom GT (pictured) hist 270.49mph on a NASA runway Top speed records for production cars is starting to seem pretty irrelevant as there’s almost nowhere an owner can ever hope to hit those record speeds. And the performance of cars like the new McLaren P1 – where  performance and handling are much more the focus than outright top speed – has added the the irrelevance. But that doesn’t stop some car makers aiming for the bragging rights of the world’s fastest production car, and John Hennessey and his Hennessey Venom GT are back with another claim on the title.

Volkswagen wants Alfa Romeo, but Fiat doesn't want to sell

Fiat S.p.A. is refusing a new round of Volkswagen AG overtures to buy its troubled sporty Alfa Romeo brand, company sources told Automotive News Europe. VW is on an acquisition spree to help its bid to topple Toyota Motor Corp.

Bernie keeps Williams F1 afloat

These are troubled times for Formula 1. Honda, rich as it is, has bailed out of F1 and is still looking for a buyer. Other teams are struggling to make a budget that adds up, despite the backing of billionaires and car manufacturers.