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Mercedes B-class (2012) first official pictures

This is the new 2012 Mercedes B-class, the first in a new family of small Mercs. It presages the new A-class – due later in 2012 – and a suite of new compact models, including a coupe and an off-roader. So take note of the new B-class.

McLaren P1 back at the Nurburgring in attack mode

The McLaren P1 is back at the Nurburgring looking to set a new record It was brave of Ron Dennis to declare – before the McLaren P1 was anywhere close to finished – that the it would be able to lap the Nurburgring in under 7 minutes. He was obviously very confident his new baby was up to the task but, just like McLaren’s current Formula One car, the P1 seems to be just a bit off the pace. Last month we reported that it seemed the best the McLaren P1 could do at the Nurburgring was a 7:04s – a time McLaren didn’t make official – so we knew McLaren would be back with their laptops and engineers as soon as they’d figured a way to trim those last few seconds.

Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.