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Volkswagen to buy Giorgetto Giugiaro’s Italdesign?

The Morris Ital - one of Morris Ital by Giorgetto Giugiaro's greatest (sort of) It’s probably a fair bet – or at least was and has been for some time – that Volkswagen would be in the frame to buy an motoring asset that comes on the market. Especially if that asset is in trouble and an iconic name can be grabbed for a song – or less. Which explains why the names of VW and Giugiaro’s Italdesign are being linked together as the Italian designer appears to seek a car maker to rescue it from the woes of being an independent in these rather troubled times.

Steve Earle out at Monterey Historics

Steve Earle, the founder of the famed Monterey Historics, is done as the organizer of the event after 36 races. Earle and track officials were unable to iron out a new deal, making this year's races--run last weekend--his final lap. The future of the must-attend event for classic racing fans is now in question.

Hey Craig Jackson, how did the auction go?

Plenty of people were surprised this week that the original Batmobile sold for $4.6 million* at Barrett-Jackson. And few were more surprised than Craig Jackson, the ringleader behind the mega-million-dollar auction in Scottsdale. The last time we spoke to him, he had estimated the original Batmobile to be worth somewhere around $2 million (later $3-4 million, as he now said).