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Porsche buys Nardo for high-speed tests
Wed, 11 Apr 2012Porsche has announced it is to take ownership of the famous Nardo Proving Ground in southern Italy. The company's engineering consultancy wing, the Porsche Engineering Group, will assume ownership as of May 2012. Nardo is currently owned by Italian firm Prototipo SpA. No fee has been disclosed by either party.
U.S. woman ready to take a crack at world land-speed record
Fri, 08 Jul 2011We talk power numbers at AutoWeek all day long. Three hundred horsepower used to be a lot, then 400, then 500. Now we expect our supercars to exceed even that.
FBI hunts £1.8m eBay car fraudster
Sun, 03 Nov 2013The Federal Bureau of Investigation (FBI) in the USA has issued a wanted poster for Nicolae Popescu, a Romanian man they suspect of leading a “sophisticated internet fraud scheme where criminal conspirators, posted advertisements on internet auction sites for merchandise for sale”. The scam – predominantly carried out using eBay Motors – convinced would-be buyers to part with money for cars that didn’t exist. On Bing: see pictures of car fraud 15 car-selling scams every car buyer should know about The conspirators posed as eBay sellers and then sent fraudulent invoices, that appeared to be from legitimate online payment services, with instructions for payment to bank accounts held in the United States.