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Victor Muller sells Spyker sports cars to CPP

Supercar maker Spyker is to be sold. Coventry-based coachbuilder CPP has announced a memorandum of understanding (MOU) to buy Spyker Cars from Spyker Cars N.V, the holding company which owns Spyker and Saab. No. Saab remains under the ownership of Dutch company Spyker Cars N.V. This sale is of Spyker, the manufacturer of flamboyantly detailed mid-engined supercars. CPP has been supplying chassis and body panels for Spyker since the brand was relaunched in 2000, and completed an agreement to handle full manufacturing of the current range in 2009 – the production of Spyker cars moved from the Netherlands to Coventry in 2010.   The MOU, valued at €32m, will mean that CPP Global Holdings Ltd will become manufacturer and owner of Spyker – €15m will be paid straight away, with the remaining €17m paid over a six year 'earn-out' period.

Corvette C7 makes its debut in Gran Turismo 5

An unusual one, this: from today, gamers playing Gran Turismo 5 will be able to test drive the new Corvette C7 - two months before it's revealed to the world at the 2013 Detroit auto show. The makers of GT5 on PlayStation have modelled a camouflaged 'Vette C7 with Chevrolet's approval. We can't remember a manufacturer letting the public 'loose' in a prototype quite so far ahead of a car's launch before.

Audi R8 LMX – the most powerful R8 yet – costs from £160,025

The Audi R8 LMX (pictured) is the first production car with laser lights The new Audi R8 LMX is actually the most powerful R8 road car Audi has produced, but they seem keener you know that it has laser beam headlights. But that’s because they’ve beaten BMW to the punch on the laser front. As a run-out version of the current R8, the R8 LMX has a lot to offer, with more power, more toys, a hefty price tag and a debut in the UK at the Goodwood Festival of Speed next month.