Ferrari A1GP car completes wind tunnel testing

By Tom Richards Motor Industry 04 August 2008 18:35 Ferrari likes to win, and so, not content with having to fight McLaren for the Formula 1 championship, it is venturing into the A1GP series. From the start of the 2008/09 season all A1GP cars will be Ferrari powered, thus guaranteeing the Prancing Horse victory. With a driver, but without fuel, the new A1GP car weighs 695kg, while the 4.5-litre V8 engine kicks out 600bhp and 406lb ft.

More drivers opt for speed awareness course

Drivers caught speeding are now more likely to take a driver education course than accept points on their licence, according to the latest government statistics. 953,428 motorists took a speed awareness course last year – a hefty increase over the 500,000 that took part in 2010. New so-called ‘stealth’ speed cameras: don’t panic “Black box” drivers hit by speeding fines from insurers This is partly down to the rise in speeding fines from £60 to £100 – taking a speeding awareness course usually costs around £85 (depending on the area), which means it’s now less rather than more than the cost of a fine.

GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.