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Video shows Chevrolet Camaro ZL1 lapping the N

General Motors has been in Germany, testing the most powerful Chevrolet Camaro ever produced. On Wednesday, the company said the Camaro ZL1 posted a lap time of 7 minutes, 41.27 seconds. The 2012 Camaro ZL1 ran around the 13-mile course a tick faster than the 2005 Porsche 911 GT3 and a tick slower than 911 Turbo S.

Video: Allan McNish HUGE Le Mans Accident in Audi R18 TDi

Allan McNish's Audi R18 TDI shatters Motor Racing is a dangerous game. Not as dangerous as it should be according to Stirling Moss, but dangerous enough by any sane standards. But safety has improved enormously in recent years, particularly with the adoption of carbon fibre tubs, something Allan McNish will be thanking his lucky stars for this afternoon.

Wiedeking to be offered $140 million to quit Porsche, report says

Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday. The newspaper said Wiedeking has been visited by Porsche Chairman Wolfgang Porsche in the past few days, who “made it clear” that the embattled CEO should step down. Wiedeking has come under fire for allowing Porsche's holding company to amass debts of more than $12.7 billion (9 billion euros) during a failed attempt to take over VW.