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Penske said to be considering bid for GM's Saturn

Roger Penske is considering a bid for General Motors' Saturn brand, a source familiar with the auto entrepreneur's plans said today. Penske is studying the issue but has made no proposals, said the source, who spoke on condition of anonymity. Penske, whose Penske Automotive Group dealership chain distributes Daimler AG's Smart microcars in the United States, is the second entity known to have an interest in Saturn.

Ferrari World Record at Silverstone Racing Days

Ferrari F1 driver Felipe Massa led a parade of 964 Ferraris to claim a new world record at Ferrari’s 2012 Racing Days at Silverstone. Ferrari Racing Days have been back at Silverstone this weekend, for the first time in 5 years, and to celebrate the occasion Ferrari has managed to claim a new world record for the number of Ferraris on track at any one time. When the last Ferrari Racing Days outing was at Silverstone, in 2007, Ferrari managed to garner 385 of Maranello’s finest to parade round Silverstone’s track for a new world record, but that record was broken later that year by Ferrari in Japan with 485 cars.

Pagani Huayra sets Top Gear lap record and places marker for McLaren P1

The Pagani Huyra set a stunning record time on the Top Gear track last week and in the process laid down a marker for the new McLaren P1. The return of Top Gear at the weekend for Series 19 saw Richard Hammond get to grips with the Pagani Huayra – successor to his beloved Zonda – and after a thoroughly positive test drive Hammond handed over to the Stig to take the Huayra round the Top Gear track. In the hands of the Stig, the 6.0 litre V12 AMG engine with 730 horses powered the Huayra to a time of just 1:13.8, beating the previous record for a production car, held by the Ariel Atom V8, by a sizeable 1.3 seconds.