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Koenigsegg One:1 officially revealed – it’s not a Supercar, it’s a MEGACAR

The Koenigsegg One: 1 (pictured) officially revealed ahead of Geneva Cars UK exclusively revealed the first details of the Koenigsegg One:1 back in November 2012, and now it’s heading for its public reveal at the Geneva Motor Show next week. So extreme is the One:1 that Christian von Koenigsegg has dubbed it ‘The world’s first MegaCar’, and looking at the specification he may have a point (it has 1 Megawatt of power). The Koenigsegg One: 1 produces a massive 1340 hp and over 1000lb/ft of torque an weighs 1340kg – the world’s first 1:1 power to curb weight ratio supercar – enough to deliver 2G cornering capability together with 610KG of downforce at 160mph thanks to active under and over body aerodynamics.

Ferrari 400 Superamerica sells for £2.3 million

The 1962 Ferrari 400 Superamerica Cabriolet Pininfarina SWB - record price The world’s in the depths of the worst recession in a generation (or three). Banks aren’t lending to anyone who needs it – just to those who don’t. The Greeks are up in arms at the prospect of actually paying any tax and the Euro is on the edge of collapse (actually, the Euro was always an accident waiting to happen).

New Bugatti Galibier tease video seems a bit…familiar

Bugatti Galibier 'New' video is anything but. The Interwebs are full of a ‘new’ video of the 4-door Bugatti Galibier. But Cars UK published the same video in 2009.