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Group 20 supercar club wound up by court
Fri, 05 Jun 2009By Peter Adams (third photograph by Medway Messenger) Motor Industry 05 June 2009 14:54 Another supercar club has reached the end of the road, joining a growing list of top-end supercar rental businesses that have collapsed in the recession. Group 20 has been wound up by the courts, along with sister car finance companies Vehicle Options Ltd and Vehicle Options Fleet Ltd.All three companies were investigated by the Insolvency Service after complaints, CAR can reveal.Group 20 supercar club: what went wrong?The supercar club started trading in 2006 and used a network of franchisees to sell membership to the club. Over time, Group 20 expanded to boast a rental list of exotica worth around £2 million; local newspaper reports in the Medway Messenger reveal Group 20 boasted a Lamborghini Gallardo, Porsche 911, Bentley Continental GTC and, most impressively, a Zonda F Roadster on its books.However, the Companies Investigation Branch of the Insolvency Service found that Group 20 and its parent company had numerous ‘misleading business practices’.
McLaren introduces 50th anniversary MP4-12C
Thu, 23 May 2013McLaren will produce a limited run of MP4-12Cs and MP4-12C Spiders for its 50th anniversary. The cars will get a few upgrades, but no changes will be made to the twin-turbocharged 3.8-liter V8. It stays at 616 hp and 442 lb-ft of torque.
VIDEO: Ford test-drives the 2011 Mustang GT500 at Virginia International Raceway
Tue, 18 May 2010What's it like to drive the 2011 Ford Mustang GT500? Watch this video and get a taste. Ford's Special Vehicle Team engineers recently put this new pony car though its paces at Virginia International Raceway.