1991 Ski-doo Brake Rotor Disc on 2040-parts.com

Big Spenders Flock To Bohnams Festival Of Speed Auction

GOODWOOD’S Festival of Speed might be famous for the action on its famous hill, but there’s more to the self proclaimed ‘world's largest motoring garden’ than just the racing. And just to prove the point, this year the annual Bonhams sale earned a staggering £22.6 million on the Friday of the event. The star attraction was a 1954 Ferrari 375-Plus, as used in iconic road races such as the Mille Miglia, Targa Florio and Carrera Panamericana, which sold for £10.7 million following a fierce battle between bidders.

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

Mitsubishi tease new model ahead of Geneva. New Outlander based on PX-MiEV II, perhaps?

Mitsubishi Tease a new car ahead of Geneva 2012 Mitsubishi are teasing a new model for the Geneva Motor Show in March. Could it a be new Outlander based on the recent PX-MiEV II Concepts? We’ve only just got over the Detroit Motor Show reveals, and car makers are already queuing up to tease us with offerings for the Geneva in March.