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Chinese Grand Prix qualifying: Hamilton takes pole for Mercedes

Lewis Hamilton has grabbed his first pole position for Mercedes for tomorrow’s Chinese Grand Prix, with team mate Nico Rosberg in fourth putting second place Kimi Raikkonen in the Lotus and third place Fernando Alonso in the Ferrari in a Mercedes sandwich. Felipe Massa takes fifth in the second Ferrari and Grosjean sixth in the second Lotus with the Toro Rosso of Ricciardo in seventh, but it’s behind that the things get more interesting, especially in a race context. Behind the leading seven are Jenson Button in the McLaren and Sebastian Vettel in the Red Bull, but both are on different strategies to the rest of the leaders and will start tomorrow’s race on the medium tyres they used for final qualifying instead of the soft tyres.

Ferrari 250 GTO – the ‘Budget’ version

The 250 GTO Evocazione - a replica Ferrari 250 GTO The last time we had a Ferrari 250 GTO in the news was when we broke the story that Chris Evans had acquired a Ferrari 250 GTO for an undiclosed price (thought to be £12 million +). And, much though it pains us to suggest it, the Ferrari 250 GTO Chris bought was not actually the most desirable of 250 GTOs. For that you’d be looking much closer to £20 million.

Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.