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The Petersen Museum isn't going belly up

I hate writing columns like this, the kind where one media outlet calls out another's mistakes. There but for the grace of God go I and all that… But the shrieking and hysteria over the Petersen Museum in Los Angeles going to hell in a handbasket -- that's what the LA Times reported -- is over the top, and it's turned into a fiasco. Here's the background.

BMW M3 GTS (2010) unveiled: a new M3 CSL first official pictures

BMW might not be producing an M3 CSL, but this is something much better. Called the M3 GTS it’s a stripped-out 450bhp road-racer designed to take on the Porsche 911 GT3 RS. It’s a response to those that thought M Division might have lost its way: 'The BMW M3 GTS which we are currently preparing in our BMW M production workshop is a response to frequently expressed customer wishes', said M Division’s CEO Dr Kay Segler at the unveiling.

Porsche 918 Spyder laps the 'Ring in 6:57

The stunning Porsche 918 Spyder was revealed at the Frankfurt motor show on Tuesday. The near million-dollar car has a price that's four and a half times higher than the Porsche 911 Turbo S. It was built to battle the new crop of supercars including the Ferrari LaFerrari and McLaren P1.