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Jaguar F-type prototype (2013): the testing videos

As Jaguar confirmed its new F-type sports car at the 2012 New York auto show, it issued some teaser video footage of the new £55,000 roadster landing in showrooms in spring 2013. Jag ambassador and former racer Martin Brundle hitches a lift with the company's chief dynamics engineer Mike Cross for a few hot laps in the F-type prototype around its handling circuit at Gaydon. We can safely ignore the hyperbole poring forth ('It's responsive, it's a great car to drive') but it's a good chance to see the all-aluminium F-type in action.

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.

Rally Ace Beats Own Isle Of Man Lap Record

SUBARU’S WRX STI has once again broken the four-wheeled lap record around the famous Isle of Man TT circuit, with British rally champion Mark Higgins setting a new record of 19 minutes 26 seconds in a production version of the firm’s newly launched high-performance saloon. Higgins’s lap around the challenging 37.8-mile TT Mountain course saw him post an average speed of 116mph and a top speed of over 160mph. Manxman Higgins completed his timed run under closed road conditions as part of the TT schedule and beat his previous record, set in 2011, when he set a time of 19 minutes 56.7 seconds at the wheel of the previous-generation WRX STI, breaking a record that had stood for 21 years.