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McLaren F1 to buy BMW F1 Engine ops

McLaren could be about to buy up BMW's F1 engine operations BMW are quitting F1 at the end of this season, and the Sauber team is up for sale. But the engine operations are not part of the deal. So it’s starting to look as if McLaren are looking to buy up the engine side from BMW and become a completely independent F1 car builder – just like Ferrari.

Ford puts Volvo up for sale

Having spent most of the last twenty years carefully building up a portfolio of Prestige European car makers, including Jaguar, Land Rover, Aston Martin and Volvo, the last of these, Volvo, has now been put up for sale by Ford. This hardly comes as a surprise when you see the precarious state of Ford. It’s busy going cap-in-hand to the US government looking for a bail out, and selling off Volvo could add several hundred million pounds to its decimated balance sheet.

ABT Sportsline introduces 700 hp Audi RS6 Avant

Hot on the heels of their appearance at SEMA and their announcement to open a location in the U.S., the German tuning firm ABT Sportsline has unveiled two new versions of the Audi RS6 Avant, dubbed the ABT Power S and ABT Power. Apparently, ABT Sportsline felt that the 560 hp output of the stock 4.0-liter TFSI-engined Audi RS6 Avant wasn't enough, and tuned the ABT Power S version to produce 700 hp. That's a 25 percent increase in power over the stock version.