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Ferrari A1GP car completes wind tunnel testing

By Tom Richards Motor Industry 04 August 2008 18:35 Ferrari likes to win, and so, not content with having to fight McLaren for the Formula 1 championship, it is venturing into the A1GP series. From the start of the 2008/09 season all A1GP cars will be Ferrari powered, thus guaranteeing the Prancing Horse victory. With a driver, but without fuel, the new A1GP car weighs 695kg, while the 4.5-litre V8 engine kicks out 600bhp and 406lb ft.

Jaguar Land Rover raise £500 million to fund expansion

Jaguar Land Rover raise £500 million Jaguar Land Rover is raising £500 million on the bond market to fund its expansion, including new models and new facilities. Hot on the heels of the Jaguar Land Rover joint venture deal with Chery in China comes the news that Jaguar has dipped in to the private bond market to raise £500 million to help with its bold and bullish plans to make JLR a major world player in the premium vehicle sector. JLR plans to invest £1.5 billion a year on expansion and is making sure its coffers can cope by issuing £500 million of senior notes due in 2020, with the net proceeds of the bonds being used for general corporate purposes.

Porsche Macan makes UK debut in Harrods

The Porsche Macan has made its London and UK debut – in the window display of the world-famous Harrods department store. The new compact SUV will be on display in Harrods’ window until 5 February 2014, before formally arriving in UK Porsche dealerships two months later. On Bing: see pictures of the Porsche MacanPorsche Macan: 21 things we’ve learned Porsche says it chose Harrods not just because of the "cosmopolitan clientele" that frequent the Knightsbridge store, but also because the area is well known among enthusiasts hoping to spot some tasty supercars.