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Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.

New BMW 1-series bows with turbo four-cylinder power across the lineup

Meet the next-generation BMW 1-series. The upcoming baby Bimmer will sport all twin-scroll turbocharged four-cylinder engines burning either gasoline or diesel, hauling around a car that's grown in every dimension except height. BMW also is expanding its use of eight-speed automatic transmissions to the 1-series lineup and making the BMW EfficientDynamics technology package standard.

Fast New Ford Teased Ahead Of Goodwood Debut

IF YOU want to see the latest fast Focus, there’s only one place to see it: Goodwood’s Festival of Speed this weekend. Ford has chosen the motoring and motorsport festival to showcase its newest Focus ST, as the Blue Oval prepares to roll out the latest version of its family hatch in the coming months. Benefiting from the technology and quality improvements revealed earlier this year for the regular new Focus, the ST will be displayed on the car maker’s stand and piloted up the famous Goodwood hill over the course of the three-day event.