2x 1156 Cree Led Light Bulb Reverse Tail Parking Brake Backup Parking Lamp on 2040-parts.com

Volkswagen to buy 42 percent of Porsche, full merger planned

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.

One Lap of the Web: Cozy Coupes and '80s ATVs

-- Bill Simpson is a legend in the world of motorsports -- so much so that it might have taken you a moment to realize that there is a real Simpson behind those Simpson helmets. After 40 years spent saving the lives of drivers everywhere, a few years ago Simpson had a chance encounter with then-Indianapolis Colts offensive line coach Tom Moore. So he decided to tackle (heh, punny!) the world of youth football with carbon-fiber and Kevlar helmets that weigh less than 2 pounds and have already started reducing concussions in high school games.

McLaren P1 caught testing in Spain

We're still awaiting details about the McLaren P1—successor to the legendary McLaren F1—but we have a better idea what the supercar will look like courtesy of some new spy photos. McLaren officially unveiled the P1 at this year's Paris motor show. Its dramatic curves didn't disappoint.