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Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.

New Jaguar XJ – best photo yet

The best picture yet of the new Jaguar XJ - due to be revealed in July Due to be shown officially in July, before a full presentation at Frankfurt in September, the new Jaguar XJ is designed to take the fight to BMW, Audi and Mercedes. And if how it looks is anything to go by Jaguar will have another big success on its hands, to go along with the XF. Although based on the existing XJ’s lightweight chassis (nothing wrong with that) but with a back end which is very much derived from the XF,  the car is totally re-skinned, and looks finally how a modern Jaguar luxury saloon should.

One Lap of the Web: 1980s collectibles, McLaren F1 video and snow tires for all

-- It may not be the newest supercar, but few would argue the McLaren F1's place near the top of the all-time greats list. Now you can relive the car's 241-mph top speed run from 1998 in this full-length video. -- Hagerty's Jonathan Stein considers now-classic cars and the joys of using them as they were intended: In the white stuff with a set of snow tires.