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Group 20 supercar club wound up by court

By Peter Adams (third photograph by Medway Messenger) Motor Industry 05 June 2009 14:54 Another supercar club has reached the end of the road, joining a growing list of top-end supercar rental businesses that have collapsed in the recession. Group 20 has been wound up by the courts, along with sister car finance companies Vehicle Options Ltd and Vehicle Options Fleet Ltd.All three companies were investigated by the Insolvency Service after complaints, CAR can reveal.Group 20 supercar club: what went wrong?The supercar club started trading in 2006 and used a network of franchisees to sell membership to the club. Over time, Group 20 expanded to boast a rental list of exotica worth around £2 million; local newspaper reports in the Medway Messenger reveal Group 20 boasted a Lamborghini Gallardo, Porsche 911, Bentley Continental GTC and, most impressively, a Zonda F Roadster on its books.However, the Companies Investigation Branch of the Insolvency Service found that Group 20 and its parent company had numerous ‘misleading business practices’.

Porsche 911 GT3 R Hybrid – by Williams F1 +video

Porsche has developed the 911 GT3 R Hybrid with Williams F1 KERS Technology Read the headline carefully before you judge. This isn’t a Porsche 911 for the road, but a track 911 – the Porsche 911 GT3 R Hybrid. And yes, you read that right.

Silverstone To Celebrate Hosting 50 F1 Races In Style

THE famous Silverstone Circuit is gearing up to celebrate its 50th Grand Prix race this weekend, and it’s a milestone that will be celebrated not once, but twice during July. First, the golden anniversary will be marked by a parade of F1 cars over this coming British Grand Prix weekend. Then, three weeks later, the birthday party revs up when the Northamptonshire venue stages the annual Silverstone Classic (25-27 July).