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P1 reborn: the return of the P1 supercar club

There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.

Seat Announces Hot New Leon Pairing

SPANISH car maker Seat has announced details of two hot hatch versions of its popular new Leon model. The Leon Cupra and Cupra 280 variants boast 265 and 280 horsepower respectively, while the latter assumes the status of the most powerful Seat to date. Both are positioned above the current FR trim level.

Lexus CT200h F Sport (2010), faster hybrids planned

Lexus is desperate to portray its new CT200h as the sporty hybrid. Hence the new Lexus CT200h F Sport unveiled at the Australian motor show. There's a new styling pack, including an IS-F-alike snout, alloys and F Sport trims outside and a sportier interior.