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Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.

New Volkswagon Golf GTI- Virtual Scalextric

Try the virtual VW GTi Scalextric game online [ad#ad-1] The new VW Golf GTI is launching in the UK (22nd May) and in a pretty cool ‘interest gatherer’ VW has created a virtual Scalextric game to keep the interest bubble growing for the new GTI. The game is based on a complex Scalextric setup created for VW by a team of 60 Scalextric modellers. The 30′ x 25′ layout features over 200 scale buildings and a challenging variety of twists and turns.

Top Gear in Icelandic Volcano

Top Gear tackle a live Volcano in a Toyota in Iceland Top Gear is off air at the moment – if you don’t count the endless repeats on BBC2, BBC3 and Dave – and that usually means that the boys are off somewhere exotic. And so they are – this time to an active volcano in Iceland. It looks as if the boys have take the same Toyota they used in the trip to the North Pole – with May and Clarkson in the Toyota and Hamster on a sled – and done a modification or three to suit the heat instead of the cold.