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Ferrari online earthquake auction starts today – 599XX Evo up for grabs

To raise funds for the victims of the recent earthquake in the Emilia Romagna region of Italy, Ferrari is holding an online auction. The recent earthquake in the Emilia Romagna region of Italy is where Ferrari is based and their production was disrupted by the second of the earthquakes – measuring 5.8 on the Richter scale and claiming 17 deaths in the region – at the end of May. To help with funding for victims of the earthquake Ferrari has organised an online auction of Ferrari ‘stuff’ which kicks off this afternoon, and includes not just stuff like racing suits and helmets but a specifically built Ferrari 599XX Evo.

Tesla repays government loans – a first, say Tesla. Chrysler disagree.

2013 is turning in to a very good year for Tesla. The Tesla Model S has had more praise heaped on it than almost any car ever has, they are making an operating profit and their shares are going through the roof. So with the stars aligning for Tesla they’ve taken the opportunity to pay back $465 million of US Department of Energy loans, nine years early.

Formula 1 2012: The Cars [w/video]

Nine of the 12 Formula 1 teams have released images and details of their cars for the 2012 World Championship as the first day of pre-season testing draws to a close at the Jerez circuit in Spain. Motor sport may fall slightly outside of Car Design News' usual remit, but the big story this year is the new 'stepped nose', which all teams bar McLaren have introduced to comply with new safety regulations, much to the chagrin of aestheticists. And with designers such as Daniel Simon (he produced the livery for HRT last season) and Peter Stevens (most notable for the Brabham cars of the 1980s) involved with the sport over the years, it's always interesting to check out the season's new machines.