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Saab bidding closed, buyer announced soon

We should know the buyer of Saab soon The Swedish press have been told that the bidding on Saab has now closed and that the successful buyer will be announced shortly. It’s amazing how much interest – and speculation - there is around the demised Saab; so much so we’ve probably reported as much on Saab after its demise as we did when it was in the throes of turmoil. Saab’s administrator, Hans Bergqvist, has revealed that the bidding process is now closed and that he will be talking to Saab stakeholders to discuss the bids and confirm which of the number of bidders is successful.

Shelby raffles off last 50th-anniversary Cobra

Shelby is celebrating its 50th anniversary in style, first at the Detroit auto show with a few black-and-gold Shelby Mustangs, and now at the Barrett-Jackson auction in Arizona with the last example of the 50th-anniversary Shelby Cobra. The car won't be sold to the highest bidder though; it will be raffled. Tickets cost $25 apiece or five for $100.

The amazing McLaren F1 replica made by a Top Gear fan for £20,000

Barcroft Media A Top Gear fan has completed the ultimate motor challenge - building a £5 million supercar using scrap and spare parts. Amateur mechanic Jacek Mazur, 48, made his own replica McLaren F1 for just £20,000 - 250 times cheaper than the real thing. He even paid tribute to his favourite TV show by building a tiny rear seat for Top Gear co-host Richard Hammond.