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KTM X-Bow race car unveiled

By Chris Clarke First Official Pictures 29 October 2008 13:30 Less than year after the release of the X-Bow onto the scene, KTM has launched its €83,000 (£66,000) fully homologated GT4 race car. It's aptly called the KTM Race, and the official pictures show this exciting model in all its madcap glory. The inspiration of this new model comes from KTM's experiences drawn from a first season in motorsport.

Dany Bahar wants £6.7 million compensation from Lotus

The Dany Bahar saga at Lotus continues with Bahar claiming £6.7 million compensation for his firing as Lotus CEO. Back in May, ex-Ferrari man Dany Bahar was ousted as CEO of Lotus, confirmed a month later by Lotus parent DBR-Hicom who appointed Aslam Farikullah – an engineer, not a marketing man – to oversee a way forward for Lotus, and just last week Lotus put Bahar’s custom Esprit up for sale. But that appears not to be the end of dealings between DBR-Hicom and Bahar as Bahar has issued proceedings against his former employers seeking compensation of £6.7 million for wrongful dismissal.

Jeff Koons creates 17th BMW Art Car

Jeff Koons has unveiled his latest creation the 17th BMW Art Car, a M3 GT2 racecar painted in a vibrant explosion of colors that will race at Le Mans on 12 June. "I wanted to make visual the raw dynamism, the power and the vitality of this car," he told CDN at the Centre Pompidou in Paris last week. "The car's biological narrative is to perform.