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Bristol Cars collapses into administration (2011)

Bristol Cars has collapsed into administration, it emerged overnight. The curio car maker from Bristol just couldn't make ends meet as sales dried up and the company's directors were forced to call in the administrators when it couldn't afford to keep the business alive. Recovery specialists RSM Tenon are handling the administration and hope to find a buyer for Bristol as a going concern.

Red dream meets reality: Ferrari offers tours of Fiorano track

Pista di Fiorano--three words that in any language conjure images of romanticism and speed. And now the general public can get a bit closer to the daily reality of life inside Ferrari. The company is offering tours of its historic test track for visitors in a program that launched on Wednesday.

One lap of the Web: A drive with Magnus and drifting an Jag XJ220

Unkempt Porsche trend-maker Magnus Walker's brand of customized 911 has the world buzzing. If the magazine covers and documentaries aren't enough, consider that one of his builds just sold for $302,000 at Gooding's Monterey Sale -- against a high estimate of $150,000. Pretty steep for a customized 911.