Flowmaster 842518 Super 10 Muffler 2.5in Offset Inlet/offset Outlet on 2040-parts.com

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.

Win two signed Jenson Button mini crash helmets!

CAR has teamed up with McLaren sponsor Santander to bring you the chance to win one of these ace souvenirs – plus loads more prize opportunities including tickets to next year's British Grand Prix. To win one of the helmets simply answer this question: In which year was Jenson Button crowned F1 World Champion? Click here to enter For more great prizes – including signed merchandise from Lewis and Jenson, VIP tours of McLaren's HQ and 2012 weekend GP tickets  – click on the link below and check out the Competitions tab on Lewis and Jenson's Facebook page.

CAR interviews 'Mr GT3' Andreas Preuninger

The latest Porsche 911 GT3 boasts an all-new 469bhp 3.8-litre flat-six and is quicker than the legendary GT3 RS 4.0, but fans of this hardcore icon have voiced their concern over its new dual-clutch PDK gearbox and its steering (both the electric rack inherited from the 991-generation Carrera, and the new rear-axle steering).  Ahead of the 911 GT3's unveil at the 2013 Geneva show this week, CAR had exclusive access to the car, and to the man who headed the team that engineered it: Porsche's head of GT series production Andreas Preuninger. The controversial new Porsche 911 GT3 Preuninger built the first 996 GT3, and has been doing his  job for the past 12 years. We asked him all about the new GT3, including those controversial issues.