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Who's Where: Sangyup Lee to join VW Advanced Design

Sangyup Lee, designer of the acclaimed Chevrolet Camaro, has recently resigned from General Motors to accept a position as Chief Designer of Exterior at the Volkswagen/Audi Advanced studio in California. Lee is scheduled to begin work mid-January 2010, reporting to Jens Manske who was appointed  Executive Director earlier this year. His role is to inspire a newly merged Volkswagen and Audi design staff in the Santa Monica studio.  Mr.

Bernie Ecclestone's daughter buys pricey house in Los Angeles

After nearly three years, Candy Spelling has finally found a buyer for her Los Angeles mansion (which some would call a castle)--the daughter of Formula One commercial boss Bernie Ecclestone. Petra Ecclestone, 22, will be the new owner of the 57,000-square-foot home in Holmby Hills, according to the Wall Street Journal. Spelling was asking $150 million for the joint, which puts it among the most expensive homes in the country, according to the newspaper.

Shelby American celebrates the GT350's anniversary with a modern Mustang

Shelby American is marking the 45th anniversary of the legendary Shelby GT350 Mustang with a new version, designed for Ford's new 5.0-liter V8 in the 2011 Mustang. For those willing to plunk down $33,995--plus the cost of a new Mustang--the team at Shelby American in Las Vegas will crank out a modernized GT350. On the outside, that calls for white paint with the blue racing stripes down the center of the hood, roof and deck.