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New Lotus Esprit cancelled? Not according to Lotus

The Interwebs are rife with rumours that the new Lotus Esprit has been cancelled. But Lotus say it’s not and the claims are made up. Dany Bahar was finally ousted from Lotus after the new owners of Lotus managed to remove the flamboyant former Ferrari man from his role at Lotus and ditch his fantasy plans to turn Lotus in to a cross between Aston Martin and Ferrari.

Brit GP moves to Donington Park

By Ben Pulman Motor Shows 04 July 2008 12:44 The FIA has announced that from 2010 the British GP will move to Donington Park. It’s a return to the East Midlands circuit after 17 years, which last hosted the Grand Prix of Europe in 1993. To bring the circuit up to scratch for the Formula One crowd Donington Park has announced it will commence a 5-year, £100m investment programme.

Auctioneer Dean Kruse's money woes continue

Auburn, Ind., auctioneer Dean Kruse has been ordered by a local court to pay more than $1.3 million to an Indiana bank, and a leasing company has asked a federal judge to repossess Kruse's 1985 Cessna jet, which had been insured at $3.5 million. These two recent events are on top of several months' worth of financial woes for one of the classic-car world's best-known auctioneers. AutoWeek reported in August that people from across the country were complaining that they had not been paid for cars sold at various Kruse International auctions.