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Lotus Elise Club Racer (2011) at 2011 Geneva motor show

The Lotus Elise Club Racer is the latest variation on the long-serving Elise, which will debut at the 2011 Geneva motor show. Disciples of the 'Lotus=lightweight' mantra will be pleased to know the Elise Club Racer does without the German tuner bling, additional luxury features or merchandising that have appeared during CEO Dany Bahar's bold reinvention of the Hethel sports car maker. The Elise Club Racer marks a return to old-school values for Lotus, with some 24kg of extraneous weight removed from the 15-year-old Elise; and added hardware tweaks to ensure the well-regarded roadster retains its performance edge.

Spyker slaps GM with $3 billion lawsuit

Spyker, the Dutch supercar firm and owner of Saab, hit General Motors with a $3 billion lawsuit Monday, claiming GM forced Saab into bankruptcy and interfered with a potential deal with Chinese investors that could have saved the company. Spyker is suing on behalf of Saab, assuming legal costs in exchange for a significant proportion of any potential award. Saab went into bankruptcy in December 2011.

Jaguar brings one-off XKR, Gentilozzi rocket to Goodwood

Jaguar will have an auspicious presence at the Goodwood Festival of Speed this weekend: it's bringing a one-off, lime green XKR and the record-breaking XFR driven by Paul Gentilozzi at the Bonneville Salt Flats. The one-off XKR is called the Goodwood Special and is based on a 2010 model-year car. It has 21-inch wheels, a lowered ride height and a louder exhaust system.