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To thwart speculators, Lexus will lease, not sell, 500 LFAs

Lexus has a plan to head off speculators when its limited-edition LFA sports car goes on sale in January 2011. The company will offer only two-year leases for the $375,000 two-seater, said Brian Smith, vice president of sales and dealer development for Lexus division. Lexus will hang on to the vehicle's title.

Sonoma Historic Motorsports Festival is full

Steve Earle, the granddaddy of vintage racing in America, has picked 375 historic race cars to fill the field at his Sonoma Historic Motorsports Festival, June 5-6 at Infineon Raceway in California's wine country. "The cars are the stars," said Earle. "And when they aren't racing, they are easily accessible in this area for the fans for that up-close and personal experience of inspecting engines, talking with owners or otherwise learning more about the sport and the restoration and maintenance of vintage cars." Earle said the event will continue the tradition of the Monterey Historic Automobile Races, which he founded 37 years ago.

Morgan AeroMax For Sale: Hammond Morgan – just one prang

Richard Hammond's Morgan Aeromax is up for grabs at £100k As well as the joy of having a BBC budget to play with endless cars around the world, being a Top Gear presenter is also quite lucrative. Beyond the not inconsiderable salaries attached to presenting TG, the profile Top Gear affords has made stars out of the previously unknown Hammond and May, presented them with other lucrative presenting jobs and let their every uttering in print hit the best-seller lists. Captain slow may drive a Panda around town, but he has an F430 for play.