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Italian firm buys stake in Aston Martin

The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.

One Lap of the Web: Scottsdale oddballs, a lost Morris and in-home car washes

A man in the UK purchased an old Morris Isis...then forgot about it in the back of his garage for 12 years. When he rediscovered the car and cleared all the trash off, he also learned it was one of the oldest of its kind in the world. While we have a few questions, not the least of which is "how does one forget a car parked in the garage," we're pleased to see that the owner has since restored the car and plans to strap a trailer on the back and take it to the beach later this summer.

Honda to field seven entries at Pike’s Peak

Honda will join the 2014 Broadmoor Pikes Peak International Hill Climb as a sponsor and a competitor, the company said on Thursday. The company will run five cars up the hill, in addition to a motorcycle and an ATV. "Pikes Peak presents us with a unique opportunity to showcase Honda's diverse product lineup as we work to further strengthen Honda's presence in racing at all levels," said Art St.