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Russo and Steele auction remains closed

The Russo and Steele Collector Automobile Auction remained closed on Saturday as work crews continued to asses damage and clean up from high winds that destroyed two tents at the auction site in Scottsdale, Ariz., on Thursday night. In a message posted on the Russo and Steele Web site, CEO Drew Alcazar said he would meet with consignors of the cars at the auction on Saturday morning. He added that the auction would remain closed on Saturday but that Russo and Steele would work to hold auction sessions on Sunday and Monday.

Who's Where: Ken Ma resigns as Changan Design Vice President

Ken Ma has resigned as Vice President of Design for Chongqing Changan Automobile Co. after only a year. The former General Motors and SAIC designer's departure is a blow to the Chinese manufacturer's bid to design more distinctive cars to compete more effectively with foreign rivals in China and abroad.

Porsche 911 parade at Silverstone Classic hits record breaking 1,208

1,208 Porsche 911s hit the Silverstone track to celebrate Porsche-s 50th anniversary Last month, we reported that plans by Silverstone Classic to run a record-breaking parade of Porshe 911s to celebrate the 50th anniversary of Porsche had garnered so many applications that Silverstone has to stop accepting applications nearly two months ahead of the event. Now the 2013 Silverstone Classic 911 Parade has happened it seems Silverstone decided to go for broke, and instead of the originally planned parade of 911 911s, they actually managed to drive 1,208 911s round the Silverstone track at the same time – a new record. As well as 1208 911s, Porsche and the organisers of the Silverstone Classic managed to entice a number of names along too, including Mark Porsche – great grandson of Porsche founder, Ferdinand Porsche – former F1 and Le Mans driver Derek Bell and Le Mans drivers John Fitzpatrick and Richard Attwood.