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Honda to leave F1

The rumour mill is working overtime on everything cars at the moment. But this story seems to be for real. Honda is set to announce that its Formula 1 Team is to be put up for sale with immediate effect, and if no buyer materialises then it intends pulling out of the new Formula 1 season due to start in March 2009.

SMS Supercars releases illustrations, pricing for go-fast Mustangs

SMS Supercars released illustrations this week of its new performance Mustang, which will start at $64,990 for the coupe. SMS is Steve Saleen's new venture, and it is planning two main versions based on the 2010 'Stang. A 470-hp model, the SMS 460, is the “base” car, and a convertible version is $69,990.

Michael Schumacher’s Ferrari Enzo and Ferrari FXX both up for sale

Michael Schumacher’s Ferrari Enzo Pictures) is up for sale Michael Schumacher may have made his mark in motor racing history thanks to Ferrari, but now he’a a Mercedes man he seems to be divesting himself of his Ferrari cars. A dealer in Switzerland – no doubt not too far from Michael’s home – has two of his Ferraris up for sale at the moment, both at slightly ‘Premium’ prices. The first Schumacher Ferrari on the lot at Zenith in Lausanne is Michaels very own Enzo, finished in Ferrari Red) as you would expect) with a tan leather interior (which you wouldn’t).