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Gibbs Sports Amphibians launches the Quadski

Gibbs Sports Amphibians has unveiled the Quadski, an amphibious all-terrain vehicle that, according to company founder Alan Gibbs, obliterates the distinction between land and water transportation. The 1,300-pound, 10.5-foot-long Quadski looks a bit like a jet-powered personal watercraft sitting on top of a single-seat ATV, but it's what's underneath the vehicle's molded composite body that separates the high-speed Quadski from larger, slower amphibious predecessors. The Quadski draws power from a BMW K 1300 Motorrad motorcycle engine capable of producing 175 hp.

Porsche will return to Le Mans LMP1 class in 2014

Porsche have announced their intention to return to top-level sports prototype racing in 2014, with a car to compete in the LMP1 class at the Le Mans 24 Hour race. Porsche: Most successful manufacturer at Le Mans The Zuffenhausen-based carmaker has plenty of heritage to draw upon as it enters its LMP1 car development programme. Porsche have won the Le Mans 24hr race 16 times since 1970 with racing models including the 917, 956, 962 and 911GT1.

Ferrari chief Montezemolo balances growth, exclusivity

On the morning of the day he celebrated 20 years as head of Ferrari, Luca Cordero di Montezemolo says his first thought was about the future, not the past. He pondered what the world's most famous sports-car maker would look like in 2020. "I have not come up with a comprehensive idea yet," said Montezemolo in an interview at his office in Maranello, 11 miles south of Modena in central Italy.