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Spyker in F1 bid
Tue, 29 Aug 2006By Angus Fitton Motor Industry 29 August 2006 11:01 Supercar maker Spyker could be set to join McLaren and Ferrari on the F1 grid in 2007. Talks are underway between Spyker's CEO Victor Muller and the Midland F1 team. The outfit, owned by Russian-born Canadian steel magnate Alex Shnaider, is struggling, having put zero points on the board this season.
Chrysler recalls Jeep Liberty for possible suspension problem
Wed, 07 Mar 2012Chrysler is recalling more than 200,000 Jeep Liberty SUVs from the 2004-05 model years for a potential problem with the rear lower control arm. In states that use salt to melt ice on the roads, corrosion can cause the arm to fracture, which may lead to a crash. The vehicles in question were built between July 3, 2003, and July 14, 2005.
Ferrari 250 GTO #3851 GT disappoints at $38 million
Fri, 15 Aug 2014The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).