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Formula One: Ferrari's Montezemolo to run for Italian presidency?

Ferrari boss Luca di Montezemolo has stirred the pot in Italy with reports saying he will run for the Italian presidency in 2013, but Montezemolo himself has denied tales of his presidential ambitions. Montezemolo has made it known that he wants to see economic and structural reform in his homeland. The Italian also has repeatedly hinted at his political yearnings.

A4 'winner' of most congested road

TRAFFIC JAMS are getting worse, with London hold-ups increasing despite the congestion charge, according to new figures. UK drivers wasted a total of 30 hours in traffic congestion in 2013 - one hour more than in 2012 - statistics from traffic information company Inrix showed. The London commute zone had the biggest increase in hours wasted, rising from 72 hours in 2012 to 82 hours last year.

Lotus Group CEO Dany Bahar suspended, facing investigation

Lotus Group chief executive officer Dany Bahar has been suspended and is facing an investigation following an undisclosed conduct complaint. While there is no official word on the nature of the complaint against Bahar, the The Daily Telegraph reports that it might be related to expenses claimed by Bahar or a legal dispute surrounding renovations on one of two Norwich, England, rental homes paid for by Lotus. Bahar's suspension has heightened the uncertainty surrounding the future of the Lotus Group.