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Record-setting Ferrari hydroplane heads for RM's Monaco auction

A record-setting Ferrari-powered 1953 hydroplane, ARNO XI, will cross the block in May at the RM Auctions event in Monaco. The hydroplane set the speed record for a boat of its size on Lake Iseo in northern Italy, running up to 150.19 mph. Designed and built by Achille Castoldi—a friend of Ferrari Grand Prix drivers Alberto Ascari and Luigi Villoresi—convinced Enzo Ferrari to provide knowledge and technical assistance to help develop the world-record-holding boat.

Car in Paul Walker crash going more than 100 mph before deadly crash

While "Fast and Furious" star Paul Walker and business partner and Pirelli World Challege racer Roger Rodas did not have drugs or alcohol in their systems when they died in a fiery car crash on Nov. 30, speed was a factor in the crash according to a published report issued by the Los Angeles County coroner's office on Friday. According to a detailed report in the Los Angeles Times, the car Rodas was driving -- a 2005 Porsche Carrera GT -- was traveling at more than 100 mph before the crash.

MG SV returns, TF founders

By Keith Adams (additional reporting by Russell Gowers) Motor Industry 15 April 2008 10:14 In the latest twist of the MG Rover saga, and three years after the original MG XPower SV supercar went out of production, the controversial coupe has made a surprise re-appearance. However, the likelihood of us ever seeing the reborn TF roadster seems to be receding by the week.Now known as the XPower WR, the Qvale Mangusta-based supercar has been eased back into production by William Riley – a descendant of the creators of the historic car company bearing the same name.His company, known as MG Sports and Racing Europe Limited, produces the supercharged WR, selling it for between £75,000 and £90,000 depending in specification. The rights to the car – and its badge – were bought from MG Rover administrators PricewaterhouseCoopers in 2005.