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Singapore billionaire Peter Lim invests in McLaren Automotive
Fri, 19 Aug 2011Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.
Land Rover reaches coldest inhabited place on Earth
Wed, 22 Jan 2014Despite the second snowpocalypse of the year and the reappearance of the polar vortex, the American Midwest and Northeast are not the coldest places in the world right now, contrary to what you might have felt this morning during your commute. So the Petsmart parking lot in Schenectady, New York is going to have have to have to get a few degrees colder if it wants to make it in the Guinness Book of Records. The title holder of the coldest inhabited place in the world happens to be the district of Oymyakon in Russia, though it's a bit further south from the Arctic Ocean than you'd expect.
Holden Hurricane returned to glory
Wed, 19 Oct 2011Holden, the Australian arm of General Motors famous for its thumping V8-powered super-saloons, has lovingly restored its first-ever concept car from the late 1960s. Debuting at the 1969 Melbourne Motor Show, the sleek Hurricane concept was a mid-engine, rear-drive, two-seat sports car that embodied a variety of conceptual technologies that were years – decades even – ahead of its time. The Hurricane featured a digital instrument display, station-seeking radio and automatic temperature control air conditioning.