Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

McLaren F1 designer signs on with Florida start-up

A small Florida company with hopes of making green performance cars has landed a big name. Rivian Automotive said this week that it has signed on Peter Stevens--the designer of the McLaren F1--as its director of design. It hopes to bring its first car to market in 2013 and launch more in 2014.

Detroit Electric delays SP:01 again

Detroit Electric, the new startup with an old name, said it is delaying production because it hasn't secured a lease or purchase agreement for its manufacturing facility in Plymouth, Mich. It is also talking to some new partners, though the company declined to name them. North American president Don Graunstadt told the Detroit News, “To further elaborate at this juncture is, unfortunately, not possible as Detroit Electric have entered into negotiations with other parties that have the potential to impact our business strategy and timing,” Graunstadt said.

Ferrari apologises for 458 burning rubber on Great Wall of China (video)

Ferrari 458 'damaging' the Great Wall of China Ferrari hired a section of the Great Wall of China for a publicity event, but an employee damaged the Great Wall by burning rubber in a 458 Italia. China is a very big deal for Ferrari, as evidenced not only by rising sales but by the special editions Ferrari sells in to the burgeoning luxury car market in China, like the 458 Italia China Special Edition. Sot it’s no surprise that Ferrari wanted to hire out a section of the Great Wall from local authorities in China for a bit of an ‘event’.