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Petersen museum celebrates the 50th anniversary of Phil Hill's world championship

It's been three years since the racing world lost one of its greatest heroes and nicest guys. Now, on the 50th anniversary of his world championship, the Petersen Automotive Museum in Los Angeles is celebrating the life and accomplishments of Phil Hill--the first American to hold that title--with a new exhibit of his cars and a gala celebration of his greatest races. First is the exhibit, assembled in collaboration with Phil's son Derek, himself a racer.

BMW-Toyota partnership may yield hybrid Z4, new Supra

The BMW-Toyota sports-car lash-up has been reported on for a couple of years now, but new information from a report in the U.K.'s Autocar sheds more light on the future of the BMW Z4 and what this year's Toyota FT-1 concept will ultimately herald. Like the current Z4, its predecessor and the Z3 before it, as well as every generation of Supra, the new platform will feature a front-mounted gasoline engine. From there, things look to be diverging wildly as technology marches forward.

Mitsubishi to make Outlander Sport at Illinois plant

Mitsubishi Motors Corp. said Friday it will invest $100 million to build the Outlander Sport crossover at its Normal, Ill., plant starting in summer 2012. Mitsubishi expects annual output of 50,000 units, with half dedicated to North America and the rest for export to Russia, Latin America and the Middle East.