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New McLaren F1 to get 1000 bhp – private reveal at Pebble Beach

The new McLaren F1 – McLaren P12 Project – will be revealed to private clients at Pebble Beach next month and gets 1,000bhp. McLaren’s successor to the iconic McLaren F1 is nearly upon us, and according to a McLaren owner we’ve spoken to it looks set to be revealed privately at Pebble Beach next month prior to a public debut at the Paris Motor Show in September. According to our source, McLaren already has at least two complete cars to show and has shown the new F1 – which may be the McLaren 799 – to a number of wealthy McLaren clients already.

BMW i Ventures buys in to ParkatmyHouse.com

BMW i-Ventures invest in ParkatmyHouse.com Earlier this year – when BMW launched their BMW-i Brand – there was also news of a new BMW company – BMW i Ventures – which BMW said they were setting up to invest in interesting stuff related to cars. BMW stated their goal as “…to expand the range of products and services offered by BMW i in the long term by taking stakes in highly innovative service providers”, and their first investment was in to an app business -  My City Way – which provides users with information on public transportation, parking availability, and local entertainment. BMW argue – very sensibly – that our fuel usage can be cut by using common sense and new technology.

Ferrari F70 takes test laps

It's a strange world we live in when, even in my short-to-medium lifespan, we've gone from the 1980 Ferrari 308 GTSi making either 205 or 214 hp—depending on who you're asking—to the Ferrari F70, which is rumored to make 950 hp with its V12 and KERS system. I would put an Excel graph here, but just imagine a line going up at a 45-degree angle to infinity. With all of that in mind, here's about five minutes of the camouflaged supercar flying around the test track with fantastic audio of the Italian stallion in action.