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New Audi S1: 231hp, sub-£25k price

Pictures and full details of the Audi S1 have been released ahead of the car’s public debut at the Geneva Motor Show next month. If the bright yellow colour of the car pictured doesn’t grab you, the stats probably will – this pocket rocket has four-wheel drive, a 0-62mph time of just 5.8 seconds and prices starting from less than £25,000 (just). Audi Audi S1: what's new?

Hyundai future products: New entries seek upscale niches

Hyundai will continue to enter new product segments, including upscale niches, while keeping lower-priced models fresh over the next three years. The Veloster sporty coupe will join the lineup this fall, and a turbocharged version comes next summer. A redesigned Azera sedan debuts in the final weeks of this year, and a two-door Elantra will go on sale next spring.

Formula One: Ferrari's Montezemolo to run for Italian presidency?

Ferrari boss Luca di Montezemolo has stirred the pot in Italy with reports saying he will run for the Italian presidency in 2013, but Montezemolo himself has denied tales of his presidential ambitions. Montezemolo has made it known that he wants to see economic and structural reform in his homeland. The Italian also has repeatedly hinted at his political yearnings.