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Spanish street named after car racing video game creator

THE SPANISH town of Ronda has named a street after the creator of car racing phenomenon Gran Turismo. Kazunori Yamauchi, the man behind all six Gran Turismo games and their respective PlayStation spin-offs, was honoured in an on-street ceremony by the Mayor and Deputy Mayor of Ronda, where the new street sign was unveiled. Paseo de Kazunori Yamauchi runs along the edge of the stunning ravine that makes Ronda a popular tourist destination.

Lotus lusts after Lutz?

Lotus seem to be pursuing Bob Lutz The Lotus five year plan calls for the track day cars to make way for much more substantial and upmarket cars to become the force at Lotus; a move to become the Aston Martin East Anglia. Probably the first obvious move in this plan was to grab Dany Bahar from Ferrari last year (and Ferrari designer Donato Coco) and now Lotus are casting their net again to snare some big names to drive them forward. Top of the list is almost-octogenarian Bob Lutz who retired from GM – but certainly not from business – last year.

Porsche to take majority stake in VW for £7bn

By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.