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Design Contest: Ferrari 'New Concepts of the Myth'

Automotive design students from all over the world gathered in Maranello this week for the award ceremony of the 'Ferrari - New Concepts of the Myth' design competition. The winners were announced and awarded their prizes at Galleria Ferrari, within walking distance of Ferrari headquarters and Ferrari's Fiorano test track. The coveted prizes are six months of exciting and very demanding work at Ferrari and Pininfarina creative centres, under the leadership of Ferrari's Donato Coco (in Maranello) and Pininfarina's Ken Okuyama (in Torino).

German Grand Prix Qualifying (2014): Rosberg on pole for Mercedes – Hamilton crashes out

Rosberg takes pole in the 2014 German Grand Prix Lewis Hamilton managed to close the gap to Mercedes teammate Nico Rosberg at the British Grand Prix two weeks ago after Rosberg’s car fell foul to mechanical failure, but it was Lewis’s turn to catch the Mercedes mechanical gremlins today as brake failure in qualifying saw him crash out. Hamilton suffered brake failure ten minutes after qualifying began and crashed heavily at speed in to the stadium section, going out of qualifying and causing a red flag for the session. Lewis was checked over after the heavy crash and is fine, but the pole position subsequently gathered in by team mate Rosberg won’t have been any consolation, Just fou7r points behind Rosberg in the driver’s championship battle after the British Grand Prix, Hamilton now faces a big uphill struggle to minimize Rosberg’s advantage in tomorrow’s race, but at least Hamilton’s first flying lap before the crash has sealed him 15th spot for the race.

Alfa again delays U.S. return as European debt crisis deepens

Alfa Romeo has delayed the U.S. introduction of several key models by at least another year and has canceled plans to build a mid-sized SUV at Chrysler Group's factory in Toledo, Ohio. Alfa Romeo CEO Harald Wester, in a presentation to financial analysts in Frankfurt on Wednesday in connection with the Frankfurt auto show, said Alfa Romeo was scaling back its global expansion plans.