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Glickenhaus may enter LMP1 class at Le Mans

James Glickenhaus, the man who brought you the Ferrari P4/5, is working on a new car to be used in top-level endurance racing such as the 24 Hours of Le Mans, possibly as early as 2014. Recently, sketches of the car—currently called the P4/5 Competizione LMP—have made their way to the Internet. Glickenhaus made his money in the stock market and film industry, but he became a household name among car guys when he commissioned the one-of-one Ferrari P4/5 Pininfarina.

GM begins clearance sale for Hummer

General Motors is shutting down the Hummer brand for good, taking the last of its four discarded U.S. brands off the market. GM had said it would consider offers to buy Hummer after a deal to sell the brand to Sichuan Tengzhong Heavy Industrial Machinery failed to receive Chinese government approval in February.

Jaguar's E-Type sculpture unveiled at Goodwood

As is tradition at the Goodwood Festival of Speed, organizer, Lord March has commissioned a dazzling art piece to dominate the skyline above this year's event. Two years ago, Audi showcased a 1937 Auto Union Streamliner and a R8 V10 as part of its display, whilst last year Alfa Romeo displayed an 8C honouring the brand's centenary. This year it's Jaguar's turn to that take pride of place in front of Goodwood house.