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Has the McLaren P1 lapped the Nurburgring in a record 6 minutes 47 seconds?

Has the McLaren P1 lapped the Nurburgring in a record 6 minutes 47 seconds? We knew McLaren were back at the Nurburgring with the P1 in an attempt to make good on Ron Dennis’s promise that the P1 would lap the ‘Ring in under 7 minutes. It appears McLaren has already tried to set a sub-7 minute time with the P1 but could only manage 7:04s so, with the firts P1s now in customer hands – and full performance specs revealed – the final piece of the jigsaw (apart form a Top Gear lap record) is to set a great time at the Nurburgring.

2011 Jaguar XJ spied in the snow

Jaguars are fast and sleek, and few things in the animal kingdom--or the car world--can hang with them. But spy shooters apparently can. And today we have shots of what could be the new XJ.

Ferrari black: Prancing Horse turns a profit in first quarter

Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter. Making money amid the global economic crisis is no small feat--and Ferrari posted the gain despite a slip in sales and revenue.