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Saab China Deal: Chinese Government support ‘In Principal’

Saab gets encouragement from China Minister Yesterday we had the news that Pang Da and Youngman – the Chinese companies seeking to buy Saab – have outlined the investment they propose to make in Saab. But the deal to sell Saab is fraught with difficulties for Victor Muller. It’s one thing getting someone to say yes, but there are an enormous number of hoops to jump through before any deal can be finalised.

F1 boss denies 'corrupt bargain'

MOTORSPORT TYCOON Bernie Ecclestone has appeared at a High Court trial to defend himself against allegations that he made a "corrupt bargain" in a bid to stay at the top of Formula 1 racing. Mr Ecclestone has been accused of entering into a "corrupt agreement" with a banker to facilitate the sale of the Formula 1 group to a buyer "chosen" by him, A German media company says it lost out as a result of the deal and has taken legal action against Mr Ecclestone - chief executive of the Formula 1 group. Mr Ecclestone says Constantin Medien's claim "lacks any merit" and denies any "conspiracy".

Autoweek in review: We drive the Ferrari F12 Berlinetta, Olympian Kim Rhode builds a Shelby and a missing Corvette is found

Autoweek gets behind the wheel of the new Ferrari F12 Berlinetta. The impression? Brilliant.