One Lap of the Web: Christmas edition

-- Ferrari is getting into the Christmas spirit by... towing Santa's sleigh with one of their F138 race cars. Spoiler alert: We don't know what visual-effects house Ferrari used, but we have a feeling the sleigh was towed slightly slower than the velocity shown in the video.

MG Rover – Serious Fraud Office (SFO) to investigate

The Rover 75 Coupe - one of MG Rover's last big ideas before its collapse in 2005 MG Rover was bought from BMW for the princely sum of £10 after BMW had had enough of trying to make a viable company out of a business that was still undermined by the woes – and attitudes – of the British Leyland years. That £10 purchase price also came with £425 million in loans from BMW, so MG Rover had a chance. But the collapse, and the subsequent sale of the rights to the MG trademark to SAIC (Shanghai Automotive Industry Corporation), brought accusations that the ‘Phoenix Four’ – Directors and owners of MG Rover – has acted fraudulently when it was revealed they had acquired more than £40 million in pension rights, salary and assets in the intervening five years between purchase from BMW and collapse.

Renault Twingo

By Ben Barry Motor Shows 28 September 2006 12:53 Renault Twingo: the lowdown This is Renault’s all-new Twingo city car, due in the UK in September 2007. We never got the Mk1, but Renault has this time engineered the Twingo for right-hand drive. And that’s a good job too, with a Renaultsport version – packing as much as 150bhp – in the pipeline.