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Ford salutes Carroll Shelby with 850-hp GT500 Cobra

The “friends of Carroll Shelby” are saluting the late automotive pioneer with a remarkable, one-off 850-hp GT500 Cobra that was revealed Friday at the Monterey Motorsports Reunion. Ford Motor Co., Shelby American, Ford Racing and others collaborated on the omnipotent machine, styled in the blue and white colors of the legendary Cobras of the 1960s. It gets a wide body kit, high-performance 13-inch-wide rear wheels and a 4.0-liter Ford Racing supercharger that lifts output from the GT500's usual level of 662 hp.

Lexus readies hybrid LS with V12 grunt, V6 economy

By Phil McNamara Motor Industry 03 June 2007 02:34 Lexus claims its new LS600h hybrid will return 29.7mpg – despite having 444bhp on tap. The company has announced new details of its flagship hybrid, which gets a European premiere at September's Paris motor show. Lexus claims that the petrol/electric hybrid drivetrain offers the performance of a V12, but with V6 fuel economy and emissions.

John Fitch's Phoenix up for auction

John Cooper Fitch -- World War II hero, racer par excellence, safety pioneer, and all-around nice guy -- used to show off his Phoenix at the annual Greenwich Concours d'Elegance in southwestern Connecticut, not terribly far from his 1700s estate in his beloved Lime Rock. The Phoenix was his vision of an American Porsche, a strange mashup of a De Tomaso Pantera with Corvette Stingray. Twin humps on the fenders hid dual spare tires, different sizes for the front and rear.