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One Lap of the Web: a 12-year-old with three Ferraris, burning Porsches and old futuristic cars

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Meet a 12-year-old kid who owns three Ferraris.

No Porsche plan for model priced less than Boxster

Porsche has no plans to sell a car costing less than the Boxster, according to the automaker's head of sales and marketing. "To build a Porsche for 30,000 euros [$37,800 at current exchange rates] currently doesn't fit our brand," Bernhard Maier told the Automotive News Europe Congress in Monaco on Thursday. "The extraordinary purchase experience is not for free and the entry price is currently covered with the Boxster and in the future by the Macan." He said Porsche's plan to double sales won't compromise exclusivity.

Fiat Panda gets 2010 updates

Fiat has updated the Panda for 2010 Underrated though the Panda is, it’s actually a pretty good little car. Sure, it’s not exactly dynamic, but some of it’s iterations – particularly the go-anywhere Panda Cross 4×4 - are very good. So Fiat has decided it’s time for a bit of spit and polish and some new make-up, so it’s given the Panda a bit of an update for 2010.