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Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.

Mitsubishi takes its Evo X racing

By Ben Whitworth First Official Pictures 16 September 2008 13:22 Mitsubishi is taking its Evo X racing. Working with ADR Motorsport - the team that already builds and runs the two-works Mitsubishis currently competing in the British Rally Championship – Mitsubishi will enter a race-prepped Evolution X into the Britcar Championship.Driven by BTCC regular James Kaye, the Mitsubishi works entry will wear the official red and chrome Ralliart livery and make its public debut at this weekend’s Britcar 24-hour race 'It is anticipated that the engine will develop around 400bhp which, together with the Evo’s four-wheel-drive system and inherently good chassis, should make it a highly-competitive package,' said Kaye. If all goes well, Kaye will contest a full season in the 2009 Britcar Championship series.

VW GT up!: It’s an Up GTI

VW GT Up - looks like it's on its way We got the reveal of Volkswagen’s new small city car – the VW up! – at Frankfurt in September, and we also got all the details for the UK VW Up last month. And now we get an odd bit of information coming in from Volkswagen on the VW GT up!