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Renault F1 – Briatore & Symonds resign

The Piquet accident at Singapore which probably wasn't an accident at all Oh, dear. But it was hard to get your head round the allegations being false, particularly as they were backed up by three-times world champion Piquet Snr. It’s one thing to indulge your offspring, but it’s hard to believe that Dad would back son unless he was convinced.

Saab: On the edge of oblivion

Saab go in to meltdown We’ve had a statement in from Saab this morning telling us that they are now unable to pay their staff until they manage to get a bit of funding in. Didn’t they just get a pile of Euros in from Panga Da for a boat full of Saabs? According to two previous statements from Saab they received €30 million Euros at the end of May for 1,300 Saabs ordered by Pang Da, and another €15 million for a further 650 cars a week later.

Video: Hagerty reviews Thursday action at Monterey Peninsula auctions

The Hagerty team--Rob Sass, Donald Osborne and Dave Kinney--review the Thursday action at auto auctions on the Monterey Peninsula, surrounding the Pebble Beach Concours d'Elegance: Mecum, Bonhams and Russo and Steele. The Monterey Week is packed with car shows, vintage racing and car auctions. Autoweek will be there providing streaming photo galleries and live coverage of the Pebble Beach Concours d’Elegance, historic racing at Laguna Seca, the Monterey car auctions and much more.