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Ferrari Myth exhibition opens in Shanghai

Spreading the gospel of Enzo, Ferrari opened its Myth exhibition at the Italian Center in the Shanghai Expo Park on May 18. To help develop the second-largest market for Ferrari, the three-year exhibit is the Italian manufacturer's way of showing the Chinese public the history, cars and technology of Ferrari. The exhibit has five areas: Ferrari in China, Green, Product, Design and Racing.

Mazda MX-5 with 270hp launched by BBR

The MX-5 has always lacked one thing: power. But now, British tuner BBR is launching a turbocharged MX-5 that produces 270hp and is capable of reaching 60mph in less than 5 seconds. Based on a 2013 Mazda MX-5 2.0-litre Sport Tech Roadster Coupe, the BBR GT270 will reach 60mph in 4.9 seconds and hit an electronically limited top speed of 150mph.

Official: Renault & Caterham to build Alpine sports cars

Renault has confirmed it is to partner with Caterham to build a range of Alpine sports cars in Dieppe from 2015. The partnership between Renault and Caterham is a logical extension of their F1 partnership but now, with the joint venture to produce their own sports cars, goes much deeper than the almost badge-engineering Williams Renaults. A new company - Société des Automobiles Alpine Caterham – will be jointly owned by Caterham and Renault and will develop models in small and large volumes to be marketed as both Renault Alpine and Caterham, and will be built in Renault’s Dieppe factory that currently churns out Renaultsport models for the road and track, and is the historical home of Alpine.