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Ford to reveal 2011 Shelby GT500 on Monday afternoon

It's the day after the Super Bowl, but it's still an informal holiday--the high feast of the Ford Shelby GT500. Ford will reveal the 2011 'Stang on steroids on Monday at 1:30 p.m. at the Ford SVT garage near Detroit.

Toyota FT-1 Concept revealed – it’s a new Toyota Supra (video)

Toyota FT-1Concept revealed – it’s a new Toyota Supra Toyota teased us with a concept photo back in December that looked like it was previewing a Supra for the 21st century, and it’s been revealed today at the Detroit Auto Show as the Toyota FT-1 Concept. The FT-1 Concept is the result of Toyota’s Calty design studio in California to create the ultimate sports car and, say Toyota, is a strikingly modern design that makes reference to past Toyotas like the  2000GT from the 1960s. Toyota aren’t making any claims for the FT-1′s powertrain yet (FT stands for ‘Future Toyota’ and the ’1′ the ultimate) and comes with a front engine/ rear wheel drive configuration, with a cockpit set back within the wheelbase and wraparound screen.

Lexus LFA Nurburgring (2010) first official pictures

Lexus hasn’t even started production of the LFA supercar yet, but it’s already unveiled a limited edition version – the Lexus LFA Nurburgring. Built to celebrate the LFA’s entry into the 2010 Nurburgring 24 Hours race, just 50 versions of this track-focussed supercar will be made. The tweaks and changes aren’t radical: the front-mounted 4.8-litre V10 has 10 bhp more (up to 562bhp) and the automated manual ‘box now shifts quicker (gear changes are down from 0.2 to 0.15 seconds) though the 3.7sec 0-62mph time and 202mph top speed remain the same.