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UK gamer turned racer signed by Red Bull

When Nissan and PlayStation got together to develop the GT Academy, and started offering Gran Tursimo gamers the chance to become real-life racers, surely no-one expected the programme to be so incredibly successful. GT Academy graduates have raced all over the world, competing in all kinds of cars and succeeding in many famous events – including at Le Mans. Now 2011 GT Academy winner Jann Mardenborough could well be on his way to Formula One.

Maserati GranTurismo convertible price set

Need a reason to think spring? Try this: Deliveries of the four-seat Maserati GranTurismo convertible begin this spring and the car carries a base sticker price of $139,700. The figure includes the base price of the car, $135,800; dealer prep, $300; shipping charges, $1,500, and gas-guzzler tax, $2,100.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.