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Vettel F1 helmet sold for £72,000

A HELMET belonging to four times World Formula 1 champion Sebastian Vettel has been sold for a world record £72,000 in a charity auction. The safety gear, signed by Vettel himself, was a Red Bull-sponsored helmet by Arai designed around Germany's national colours. It was worn during the Nurburgring Grand Prix race weekend in Germany this year - where Vettel celebrated his first home victory.

Porsche nearing 900 orders for its 918 Spyder hybrid concept

When Porsche AG showed the 918 Spyder at the Geneva show in March, we said it was a car to “make anyone a believer in hybrid supercar tech.” Well, maybe not anyone, but Porsche now says it has almost 900 potential buyers for the two-seater hybrid prototype as the German automaker gets closer to approving production. Porsche development chief Wolfgang Duerheimer said he is confident the company will soon reach the threshold of 1,000 orders, which is how many the company needs to “make a sound business case.” The 918 has 680 hp and, according to Porsche, will get 78 mpg and run from 0 to 60 mph in 3 seconds. Porsche said it wants to double its overall vehicle sales to 150,000 in the next five years or so.

2012 Buick Verano compact teased

Buick is teasing its future compact sedan called the Verano. A picture of the small car was released on Thursday along with the news that General Motors would spend $145 million to upgrade a factory in Lake Orion, Mich., to build the Buick and a Chevrolet small car. The Verano would be a 2012 model.