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Top Gear: Clarkson, Hammond & May sign for another 3 years

It’s been revealed that Jeremy Clarkson, Richard Hammond and James May have signed up for another 3 years of Top Gear. There may not be a new series of Top Gear on its way until 2013, but we now know that Top Gear as we know it – with Jeremy, Richard and James – is safe for another three years after the trio signed a new deal with the BBC, tying them in to Top Gear until 2016. So, despite the naysayers claiming Top Gear has had its day and will end soon, we can guarantee another three years of the nation’s (and the world’s) favourite car entertainment programme.

Ferrari exec to take over top post for Lotus

A top executive is trading in his Ferrari red for the green of Lotus. Dany Bahar will take over as the CEO of the British sports-car maker on Oct. 1.

VW Design Vision GTI gets 500bhp: Worthersee

The Design Vision GTI is built to show what a Golf built for racing would look like – and perhaps point to future evolutions of VW’s most successful car – and is built on the same MQB platform as the regular GTI. It’s a bit shorter (15mm) than a regular Golf, a chunk wider (71mm) and a lot lower (57mm) which conspires to make the Design Vision GTI much more aggressive looking than its mainstream sibling. Power comes from a 3.0 litre V6 with two turbos – good for 500bhp and 413lb/ft of torque – which is driven to all four wheels through a DSG ‘box and can scoot to 62mph in a supercar-like 3.9 seconds on its way to 186mph.