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UPDATED: Aston Martin sold

By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m.   The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.

New BMW M3 and M4 revealed for 2014

This is it, folks – this is your early petrolheaded Christmas present: BMW has released full details of the new BMW M3 Saloon and M4 Coupe. And we do mean full details. Output of 431 turbocharged horsepower is the headline, but really it’s the extent of the engineering overhaul carried out by BMW’s M division that really stuns the senses here.

Enzo Ferrari: Twin turbo & 1000 hp

1,000 hp twin turbo Salt Flats racing Enzo There’s an argument that messing with a limited edition hypercar is sacrilege. And, to a degree, we sympathise with those who consider the pimping of an Enzo Ferrari by the likes of Uwe Gemballa to be akin to letting Damian Hirst paint a new set of clothes on the Mona Lisa. But there are times when the reasons make a whole lot of sense.