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One Lap of the Web: Peugeot climbs, an extremist sinks and a proposed $1,500 race car

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Peugeot has prepped a Pikes Peak 208, and the folks at Gizmag take an in-depth look at the car.

Renault designers on their interpretation of luxury [w/Video]

Renault's design chief Laurens van den Acker and his design team have stressed how the Initiale Paris concept previews how Renault design's tactics will help steer clear of its rivals within the premium segment.  The concept – the sixth to be developed in the design strategy inspired by the cycle of life, now in the Wisdom stage – heralds Renault's return to the high-end market after a number of years. It was, therefore, important that the design be a positive rejection of traditional ideas of luxury, design director of concept cars Axel Breun believes. Designer Choung Sun Oh goes to great pains to stress how the design team worked towards developing a highly original design to set them apart from rivaling brands upon re-entry.

Lamborghini Aventador LP700-4 (2011) at 2011 Geneva motor show

This is the Lamborghini Aventador LP700-4, the new V12 supercar from Sant’Agata. After months of speculation, leaks and drip-feeding, the Lamborghini Aventador LP700-4 has finally been unveiled on the eve of the 2011 Geneva motor show at the VW’s Group pre-show party. It features an all-new 6.5-litre engine, a carbonfibre chassis and stunning looks.