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Lotus secures more funding, but five-year plan is dead

The five-car, five-year plan for Lotus developed under Dany Bahar is dead, according to an Autocar report. But rumor has it that the sexy Esprit concept could be revived at a low cost. Tan Sri Mohd Khamil Jamil, managing director of the company that owns Lotus parent company Proton, DRB, confirmed that the company sold 70 cars in the U.K.

Jaguar XKR Speed Pack (2010) first pictures

Jaguar will launch two new styling and performance packs for the 2011 model year XKR coupe at the Geneva motor show. The new XKR Speed Pack and Black Pack lets customers spec up styling accoutrements and raise the top speed from a limited 155mph to 174mph. This Jag XKR does what it says on the tin, unleashing the potential of the 503bhp/461lb ft supercharged V8 for a £3500 supplement.

Sonoma Historic Motorsports Festival is full

Steve Earle, the granddaddy of vintage racing in America, has picked 375 historic race cars to fill the field at his Sonoma Historic Motorsports Festival, June 5-6 at Infineon Raceway in California's wine country. "The cars are the stars," said Earle. "And when they aren't racing, they are easily accessible in this area for the fans for that up-close and personal experience of inspecting engines, talking with owners or otherwise learning more about the sport and the restoration and maintenance of vintage cars." Earle said the event will continue the tradition of the Monterey Historic Automobile Races, which he founded 37 years ago.