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Ford Mustang Shelby GT500 Super Snake, for the times when 540 hp just isn’t enough

There was little doubt that Shelby would not call it a day following the completion of the 2010 Ford Shelby Mustang GT500. After all, 540 hp just might not cut it for some Shelby faithful. So to take the 2010 GT500 to the next level, Shelby revealed the Super Snake package at the Mid America Ford and Team Shelby Nationals in Tulsa, Okla.

Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.

Auction of Jay Leno tractor to benefit veterans

Bidders at the Barrett-Jackson auction in Scottsdale, Ariz., this week have a chance to buy a vehicle being retired from entertainer Jay Leno's garage and support a charity that serves military families. The vehicle is a New Holland Boomer tractor. For the past five years, the staff at Leno's garage has used the "Lil Tug" to move the TV host's large collection of classic and unique cars around the facility.