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Earle stays with Monterey Historics for another year

Maybe the 2010 Historics won't be so different after all. Last week, the day after the Monterey Historics concluded, founder and producer Steve Earle announced that he and his company, General Racing, would no longer be producing that well-loved event. But on Thursday, in an interesting change, Mazda Raceway Laguna Seca announced that Earle will be one of five selection-committee members planning next year's Monterey Historics race.

Porsche 918 Spyder: The first ride in the future game changer

Faster than the iconic Carrera GT yet more economical than parent company Volkswagen's frugal new Up supermini, Porsche's next supercar, the 762-hp gasoline-electric powered 918 Spyder, promises to offer the best of both worlds—scorching performance and ultralow consumption. Autoweek joins Porsche's engineering team for the very first test of the car that is already causing headaches in Maranello and Sant'Agata. For all of its intense promise and awesome potential, the very first running prototype of the upcoming Porsche 918 Spyder looks suspiciously like a refugee from a shadowy postapocalyptic movie set as it glides silently into view across the vast expanse of bitumen at the Nardo test track in southern Italy.

Investor group wants to buy Saturn, sell overseas brands

An investor group called Telesto Ventures says it wants to acquire Saturn's retail operations and provide dealers with vehicles from General Motors through 2011 and mostly overseas manufacturers thereafter. A GM spokesman said today the group's proposal is legitimate and "very interesting." "I can tell you this is one of the interested parties with Saturn, and we have been working with them throughout this process," said spokesman Steve Janisse. "There are other interested parties as well who we're working with.