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UPDATED: Aston Martin sold

By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m.   The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.

Meet the Autoweek Best of the Best winners

Another year and another few hundred new cars and trucks have driven through the Autoweek garage for editorial evaluation. To what end? Well, other than giving you our unvarnished opinions, it really comes down to this—when we present the annual Autoweek Best of the Best/Car and Best of the Best/Truck awards.

A new batch of Ford Mustang Cobra Jets is on the way to racers

The 40th Anniversary 2008 Mustang Cobra Jet, announced about a year ago, has been such a huge success for Ford Racing that the company will build a 2010 model, available later this year. Like the '08 CJ, just 50 examples of the turnkey race car will be built, the minimum number to homologate the car for competition in National Hot Rod Association events. An '08 Cobra Jet won its inaugural event in the Stock Eliminator Class in February at the NHRA Winternationals in Pomona, Calif., just as the original 1968 Cobra Jet did.