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McLaren MP4-12C to cost £168,500

McLaren will charge £168,500 for the MP4-12C supercar in the UK. That's the new 2011 price, including the rise in VAT from 17.5% to 20% from 1 January. Today's news means that the MP4-12C will cost £1000 less than a Ferrari 458 Italia, its arch rival, at existing tax rates.

Lexus offers IS 350C F-Sport Special Edition

Lexus is livening up its IS 350C with the introduction of the F-Sport Special Edition model. With accessories taken from the Lexus F-Sport parts catalog, the limited-edition offers open-air driving enthusiasts a better-handling and more aggressive-looking IS C right off the showroom floor. Building off the 306-hp IS 350C, Lexus installs Bilstein-developed shocks, shorter springs, thicker antiroll bars and newly styled 19-inch wheels wrapped in Michelin Pilot Sport tires.

Lamborghini Veneno: Official

The Lamborghini Veneno, a limited run Aventador LP700-4, has been officially revealed by Lamborghini with dramatic styling and 740bhp. Lamborghini tell us that all three Venenos have already been sold – at a hefty £3.12 million, no less – and the Veneno is more a street-legal track car than just a titivated Aventador. The body of the Veneno – which is named after a particularly ’Venomous’ fighting bull – is crafted from carbon fibre and is designed to achieve optimal aerodynamics with the front splitter, rear diffuser, huge rear wing and a big fin running down the middle of the roof all conspiring to make the Veneno more aerodynamic than its Aventador sibling.