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Ferrari F40: 60 F40s parade at Silverstone Classic (+video)

A total of 60 Ferrari F40s took to the Silverstone track at last weekend’s Silverstone Classic to celebrate 25 years of the F40 – a world record. Perhaps, just perhaps, the Ferrari F40 is Ferrari’s finest hypercar and stands as Enzo Ferrari’s last automotive statement before his death a year after the F40 launched in 1987. To celebrate the F40′s 25th birthday the Silverstone Classic gathered together as many F40s as they could muster for a parade lap at Silverstone at the weekend.

GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.

Vintech P550 Tribute – Porsche 550 reborn (2012)

French company Vintech will show this classy P550 Tribute coupe at the 2012 Pebble Beach concours this week. No prizes for guessing that it's inspired by Porsche's pert 550. The P550 Tribute is a carbon-bodied two-seater due to be shown at the The Quail: A Motorsports Gathering on 17 August 2012.