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Councils make £594m from parking

RECORD SURPLUSES from parking revenues have been achieved by councils, according to the RAC Foundation. In 2012/13 councils in England generated a combined "profit" of £594 million from their on and off-street parking operations, the foundation said. This was a 5% increase on the figure of £565 million for 2011/12, and just 52 of the 353 parking authorities in England reported a deficit in 2012/13.

Porsche Steps Up Vintage Motorsports Activities

With the famed Monterey Motorsports Reunion as backdrop, Porsche Motorsport North America (PMNA) announced Saturday it will expand from serving teams and owners of contemporary 911 race cars to providing a similar service to the large number of collectors of vintage Porsche race cars in the United States and Canada. PMNA has established a partnership with a new historic motorsports department that is now being established within Porsche AG's Motorsport Division in Weissach, Germany. The new department will provide expert restoration services to the Porsche Museum for many of the vintage competition cars the company owns well beyond the ones displayed in its riveting exhibition center.

Mystery Porsche prototype destroyed in fire near Stuttgart

According to the Porsche-lovers at flatsixes.com, an unknown Porsche prototype caught fire after being taken home by an employee earlier this week. It reportedly took 19 firefighters to extinguish the blaze, which occurred in a home garage in Ludwigsburg, Germany (a city located near Porsche's home in Stuttgart). Fortunately, the employee and his wife suffered only minor injuries, but we assume the prototype is a complete loss.