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McLaren Automotive officially launches as the MP4-12C speeds toward production

McLaren Automotive laid out its ambitious plans to become a competitive player in the high-performance car market on Thursday and wants to build up to 4,000 top-shelf sports car annually by the middle of the decade. The company held a grand opening at its base in Woking, England, to celebrate the progress and officially unveil the MP4-12C as it moves toward production. The estimated 592-hp supercar is expected to be exceptionally light and aerodynamic as the company takes aim at the best of Ferrari and Lamborghini.

Top Gear: Clarkson, Hammond & May sign for another 3 years

It’s been revealed that Jeremy Clarkson, Richard Hammond and James May have signed up for another 3 years of Top Gear. There may not be a new series of Top Gear on its way until 2013, but we now know that Top Gear as we know it – with Jeremy, Richard and James – is safe for another three years after the trio signed a new deal with the BBC, tying them in to Top Gear until 2016. So, despite the naysayers claiming Top Gear has had its day and will end soon, we can guarantee another three years of the nation’s (and the world’s) favourite car entertainment programme.

Japan's Toyota Prius Cup showcases hybrid car

With steely stares and clenched hands, the drivers peer from their crash helmets as the race marshal slowly raises the green flag. Then the flag drops. And they're off!