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New McLaren F1 – rendered

A modern rendering of the McLaren F1 created by Matt Williams Many thought the 12C was a bit too generic. Almost a morphing of supercar styling from other makers. But in many ways that could be its long-term strength.

McLaren F1 creator Murray’s T25 ready to go

Gordon Murray's T25 - still under wraps Gordon Murray is the genius behind the legendary McLaren F1 supercar. So what he does needs to be taken seriously. That includes the Caparo T1, which is a super-light racer for the roads, but also includes the last thing you would think of – a super-small, lightweight and above all cheap car.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.