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2012 European Grand Prix Qualifying: Vettel takes pole with Hamilton alongside

The 2012 European Grand Prix on the street circuit in Valencia sees Red Bull’s Sebastian Vettel on pole position with Lewis Hamilton’s  McLaren alongside. Slowly, but not yet completely, Red Bull and McLaren seem to be getting a handle on the topsy-turvy 2012 Grand Prix Circus. Despite serious challenges in final qualifying, it was Sebastian Vettel who set a blistering time to take pole, his third pole of the 2012 season, 33rd of his career and third at Valencia.

Lotus's glimmer of hope: Proton stands by Hethel

After another painful year of sales for Lotus in the UK – down 58% on 2011 - Norfolk's beleagured sports car brand has kicked off the New Year with the grand unveiling of its new flagship Malaysian showroom, and the thumbs-up from senior Proton company suits that Lotus isn't on its last legs. The announcement comes in the same week Lotus’s sales figures were released for 2012. Showing a substantial 58% decrease in sales and selling just 137 vehicles, Lotus Cars was the worst performer in the UK with a woeful 0.01% share of the market.  Are Lotus's Malaysian owners sticking by the company?

Barrett-Jackson followed auction practices, probe finds

Independent auditors found that Barrett-Jackson Auction Co. complied with proper auction practices during the 2008-2009 season, the company said on Thursday. The Arizona-based auction house opened its books in the wake of a 2007 legal action, which alleged improper activities.