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Ferrari 599 GTO

The Ferrari 599 GTO is the third in an illustrious line of Gran Turismo Omologato models from Maranello. It may look like a lightly modified GTB Fiorano, but is, in fact, almost entirely new. The hood's prominent center bulge and aerodynamic wheel disks are a hat-tip to Ferrari's F1 cars, while the contrasting matte black roof and flying buttresses visually lower the center of gravity and break up the 599's mass.

General Motors to offer talking cars by 2016

GENERAL MOTORS has said that in two years it will offer cars that talk to each other and can almost drive themselves at highway speeds. The company said the semi-autonomous freeway system called Super Cruise will be an option on a new Cadillac that goes on sale in the summer of 2016. The company also plans to put vehicle-to-vehicle transmitters and receivers on all Cadillac CTS models during the same time-frame.

F1 Budget Cap row over

MAx Mosley announces the budget cap row is over between the FIA and FOTA - and he's resigning. After a meeting today in Paris, the FIA has announced that it has reached agreement with FOTA to scrap the budget cap it was insisting on implementing from 2010. Quelle surprise!