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Barcelona’s Ferrari Land to open in 2016

Ferrari and PortAventura Entertainment -- a subsidiary of industrial solutions and capital company Investindustrial -- have inked a deal to build a new Ferrari Land amusement park inside the PortAventura resort near Barcelona, Spain. The theme park will cover 807,000 square feet, including attractions like Europe’s highest and fastest roller coaster, five-star accommodations, 250 hotel rooms and a driving simulator. The project involves an investment of 100 million euro ($139 million).

Toyota iQ and Urban Cruiser (2008): first official pictures

By Tim Pollard First Official Pictures 13 February 2008 12:28 Toyota hasn’t bottled it, thank goodness. This first photograph of the iQ shows that the production version of this fascinating mini has kept all the cheeky charm of last year’s show car, which won CAR’s concept car of the year gong. The iQ at 2007’s Frankfurt Motor Show wowed us for its fresh design, its simplicity and its back-to-basics overhaul of how a small car could be engineered.

Chevrolet Mi-ray concept

Making its debut at the Seoul Motor Show is the Chevrolet Mi-ray. The Mi-ray, which takes its name from the Korean for future, is a hybrid sports car that is the first concept car from the Korean arm of GM. Which, considering its name, aptly represents the future of the brand as well as the ‘future of muscle cars.' Said to take influence from past Detroit legends such as the 1963 Monza SS and Corvair Super Spyder, the Mi-ray features a pleathora of sporting influences, making its intentions clear.