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Victor Muller sells Spyker sports cars to CPP

Supercar maker Spyker is to be sold. Coventry-based coachbuilder CPP has announced a memorandum of understanding (MOU) to buy Spyker Cars from Spyker Cars N.V, the holding company which owns Spyker and Saab. No. Saab remains under the ownership of Dutch company Spyker Cars N.V. This sale is of Spyker, the manufacturer of flamboyantly detailed mid-engined supercars. CPP has been supplying chassis and body panels for Spyker since the brand was relaunched in 2000, and completed an agreement to handle full manufacturing of the current range in 2009 – the production of Spyker cars moved from the Netherlands to Coventry in 2010.   The MOU, valued at €32m, will mean that CPP Global Holdings Ltd will become manufacturer and owner of Spyker – €15m will be paid straight away, with the remaining €17m paid over a six year 'earn-out' period.

Tease of 2013 Lexus LS sedan now on Facebook

Lexus is joining the social teasing party by uploading a darkened, smoky image of the redesigned 2013 Lexus LS sedan. We can't see much, but we do get a sense of the general shape of the car, which looks to be a bit more streamlined than the model it replaces. An earlier teaser shot showed the front end of the new LS.

Pruett marks Indy 500's anniversary with a limited-edition wine

Race-car driver Scott Pruett is also a winemaker, and his vineyard is releasing a limited-edition Napa Cabernet to celebrate the 100th anniversary of the Indianapolis 500. Pruett and his wife, Judy, opened their vineyard in 2006 in Auburn, Calif., on the eastern slope of the northern Sierra Mountains. They create small-lot, hand-crafted premium wines.