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Road funding must increase, say MPs

THERE needs to be a big increase in Government funding and a change of approach for England's major road network if predicted traffic increases are correct, according to MPs. But any move towards using road charging to pay for the extra funding couldn't be achieved without broad agreement among politicians and motorists, said the House of Commons Transport Committee. In a report the committee added that it was "not convinced" by the case for establishing the Highways Agency, the body responsible for England's motorways and major A-roads, as a Government-owned company.

Sir Stirling Moss, 81, retires from racing

While participating in a live interview with Joe Bradley of RadioLeMans.com on Thursday, Sir Stirling Moss announced his retirement from the sport that he loves. "This afternoon I scared myself, and I have always said that if I felt I was not up to it or that I was getting in the way of fellow competitors, then I would retire," Moss said. Moss is one of the most recognizable figures in motorsports, with a career that has spanned more than 60 years.

1912 Oldsmobile fetches $3.3 million, sets record at auction

A 1912 Oldsmobile—believed to be the only one of its kind still in existence—fetched $3.3 million last weekend, spurring total sales of $38.3 million at an auction in Florida. The vintage car, an Olds Limited five-passenger touring, is thought to be one-of-a-kind, as none of its now century-old contemporaries are known to have survived in that trim. It wears chassis No.