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McLaren Automotive officially launches as the MP4-12C speeds toward production

McLaren Automotive laid out its ambitious plans to become a competitive player in the high-performance car market on Thursday and wants to build up to 4,000 top-shelf sports car annually by the middle of the decade. The company held a grand opening at its base in Woking, England, to celebrate the progress and officially unveil the MP4-12C as it moves toward production. The estimated 592-hp supercar is expected to be exceptionally light and aerodynamic as the company takes aim at the best of Ferrari and Lamborghini.

Solar car built by Cambridge University crashes

The annual World Solar Challenge is taking place right now. 38 teams from all round the globe are racing 3,000km (1,864 miles) across Australia using energy from the sun alone. Unfortunately, the planned entry from the UK’s very own Cambridge University isn’t amongst them – because five days before the start the above happened.

Jaguar at Goodwood Festival of Speed. Will we see the Jaguar F-Type R?

Will Jaguar show off the Jaguar F-Type R (pictured) at Goodwood? With the 2013 Goodwood Festival of Speed arriving at the end of the week, car makers are revealing what they’ll be taking to the petrolhead party, and it looks like Jaguar are taking something new too. As well as a chunk of the quickest Jaguars in existence, there’s going to be a new Jaguar F-Type Roadster Design Study.