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Ford announces new Silicon Valley research laboratory
Fri, 06 Jan 2012Ford has announced plans to open a new R&D center in California's Silicon Valley with a view to creating a hub for collaborative technology projects. With neighbors including Google, Microsoft, facebook, Apple and Stanford University, it's certainly setting up shop in the right part of town. Its location also connects Ford's Advanced Design Studio in Irvine, CA and Ford employees working with connectivity platform partner Microsoft Corp.
Mark Webber quits Red Bull F1 for Porsche (2013)
Thu, 27 Jun 2013Porsche has confirmed it’s poached Formula One driver Mark Webber from Red Bull Racing to race for it at the 2014 Le Mans 24hrs. The 36 year-old Australian has signed a multiple-year contract to drive Porsche’s new LMP1 challenger, which is aiming to give Audi a bloody nose in the world’s most famous endurance event next year. What does Mark Webber know about driving a Porsche endurance prototype at Le Mans?
Ferrari 250 GTO sets new world record with £32 million sale
Fri, 04 Oct 2013The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.

