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Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.

Goodwood Revival

By Ben Whitworth Motor Shows 19 July 2007 02:30 The tenth Goodwood Revival, held this year from 31 August to 2 September, looks set to once again establish itself as the world’s finest historic motor racing event. The world’s only sporting event set entirely to a period theme – no vehicles produced after 1966 are allowed on the circuit and its environs throughout the weekend – this year’s Revival will be bigger and better than before, according to Lord March. “The Revival is arguably the most popular historic motor racing event in the world,” Lord March told CAR Online.

BMW M3 coupe gets stripped down to go club racing

BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS. The lightweight coupe, set to go on sale in early 2010 at a yet-undisclosed price, was conceived as a limited-edition model primarily for club-based racing in much the same way that Porsche builds the 911 GT3 Clubsport. But in a clear effort to link its track-based activities with the production-car side of its business, BMW's M division is offering the new car with a homologation package that will allow customers to register the M3 GTS for street use.