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How well is Ferrari really doing? Results analysed

Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.

McLaren P1 supercar (2012) first official pictures

Forget the abstract fluorescent light show teaser released earlier this month, because we’ve got official pictures of McLaren's latest supercar challenger. It's called the P1 and it certainly gives food for thought to those who were disappointed by the MP4-12C's styling. The F1 successor was formally codenamed the P12 ahead of its official release, but it seems McLaren is confident the P1 will put it in pole position among the super sports cars on the way from Ferrari and Porsche.

The King and his court at Amelia Island

NASCAR legend Richard Petty was joined by celebrated racers Carroll Shelby and Don Garlits on Saturday at a seminar at the Amelia Island Concours in Amelia Island, Fla. Shelby was filling in for Sir Stiling Moss OBE, who was injured a week ago after falling into an elevator shaft at his home. The three racers regaled a packed house with stories of their careers.