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McLaren turns the corner, posts first profits

By Tim Pollard Motor Industry 04 June 2014 10:48 McLaren Automotive today announced it had broken even for the first time in its brief three-year history, posting a £4.5 million pre-tax profit in 2013. It's great news for the young supercar brand, which until now has lost money every year. McLaren's turnover was £285m, up from £267 in 2012, as it increased production towards its long-term goal of 4000 cars a year.

Ferrari 458 Italia Revealed

The first pictures of the new Ferrari 458 Italia These are the first pictures of Ferrari’s 458 Italia, released this morning ahead of the official reveal at the Frankfurt Motor Show in September. Clearly showing influences from the Enzo and the Mille Chille Concept car, the F430 replacement will undoubtedly go upmarket in terms of price to differentiate it from Ferrari’s entry-level car, the Ferrari California. Featuring a new, 4.5 litre V8 (hence the name – 458) , Ferrari claim the new engine has the highest specific output of any normally aspirated road-car engine, which is a hard claim to dispute as it produces 127bhp per litre.  It produces 562bhp at 9000 rpm, making it the highest revving Ferrari engine to date.

Monaco Grand Prix (2011) RESULT

Monaco Grand Prix 2011 - it even had overtaking Far from being a long line of very expensive F1 cars following each other round the streets of the Grimaldi Empire, the 2011 Monaco Grand Prix was full of incident, accident and overtaking. Oh, and a dose of petulance too. Let’s cut to the chase: Vettel won yet again – from pole – and extended his lead to the point where many will say he’s un-catchable.