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Aston Martin sells 38% stake to Italians to raise cash

Aston Martin today announced a deal with Italian private equity fund Investindustrial, securing a £150m investment to own a 37.5% stake in the business. Aston Martin hopes this should secure the long-term future of the beloved but hitherto financially wobbly sports car maker. Together with the new owners, it announced a £500m investment in future product.

Autoweek in review: Ferrari teases supercar, Mini flips out and the 2013 Porsche Panamera GTS

While many of us spent Monday honoring our favorite presidents (still Taft, Van Buren and R.B. Hayes), Ferrari teased us with shots of its Enzo successor and gave us some pricing details. By now you should have saved at least 20 bucks toward that $1.3 million.

Toyota GT 86 gets 320bhp from turbo & S/C upgrade

Gazoo GT 86 Sport FR Concept Toyota’s Gazoo Racing has taken the standard Toyota GT 86 and added a turbo and a supercharger to give the GT 86 320bhp. The Toyota GT86 has managed to deliver almost what we expected now it’s finally arrived, although many have been a bit disappointed at its peaky performance and lack of out and out grunt. There’s been much speculation that Toyota (and Subaru with the BRZ) would bite the bullet at some point and bolt on a turbo or supercharger to give the lightweight sports car a proper turn of speed.