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Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.

McLaren celebrates 20th anniversary of the legendary McLaren F1

McLaren Automotive celebrated the 20th anniversary of the start of the F1 program by inviting F1 owners past and present to a celebration dinner at the McLaren Technology Centre in Woking, England. The owners were treated to a display of 21 McLaren F1 road and race cars, the largest number of F1 cars ever assembled in one place. It all started in 1988, when McLaren made the decision to expand from Formula One and design and build what it called "the finest sports car the world had ever seen." In March 1990, the team created to build that car came together for the first time.

Bentley sales returned to pre-recession levels in 2011

The new Continental GTC helped Bentley sales hit highs in 2011 Bentley has seen sales in 2011 return to the levels of 2007, with sales up by 37 percent over 2010. China is now Bentley’s second biggest market. It doesn’t seem five minutes since Bentley were getting their highly skilled workforce to make furniture to keep them busy, so slow were sales as the recession started to bite.