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Formula One: Ferrari's Montezemolo to run for Italian presidency?

Ferrari boss Luca di Montezemolo has stirred the pot in Italy with reports saying he will run for the Italian presidency in 2013, but Montezemolo himself has denied tales of his presidential ambitions. Montezemolo has made it known that he wants to see economic and structural reform in his homeland. The Italian also has repeatedly hinted at his political yearnings.

Audi R8 V12 Diesel canned – but it’s old news

The Audi R8 V12 Diesel - Audi confirm it won't be built [ad#ad-1] The interweb is full of stories today revealing that Audi has dropped plans to produce a diesel version of the fabulous R8. The Audi R8 V12 diesel was first shown to a pretty astonished motoring press (and it takes a lot to astonish us) at the Detroit Motor show early last year. So keen were Audi to get the press on-side with the car and the whole concept of a diesel supercar, that they made the R8 diesel available for motoring journalists to have a play.

Electric car lease deals are better than ever

This may be the beginning of a golden age of affordable electric cars: There are now or will soon be three electric cars available in California leasing at $199 a month, one for $249 and one for $259 a month. They are all perfectly wonderful subcompact four and five-seaters, any one of which could fit nicely into your urban or suburban lifestyle. Where else are you going to find a car for $199 a month?