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Leonardo DiCaprio launches Formula E racing team

Formula E Star of the silver screen Leonardo DiCaprio has launched his own racing team. Called Venturi Automobiles, the new motorsport outfit will campaign a single-seater racing car in the first season of the Formula E all-electric championship next year. On Bing: see pictures of Leonardo DiCaprioOn Bing: see pictures of Formula EWhat is Formula E?

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.

Revealed: tech secrets of new 2014 BMW M3 and M4 Coupe

BMW has spent the past four years developing the new M4 Coupe and newly-announced M3 saloon from scratch – all with the intention of making its road-racer range more focused, more able and more relevant to modern motorists. They are faster, sharper and more dynamic, promises the firm, but also greener, smarter and more flexible than ever. The result, believe the engines, is a duo that’s without rival on the market – no other four-seat coupe or five-seat saloon offers this much high performance sports car ability for the money.