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Caterham reveals new SP/300R race car

British specialty-car maker Caterham unveiled its new SP/300R sports prototype race car and a plan for creating a one-make series in 2012 on Thursday at the Autosport International Show in Birmingham, England. The SP/300R is powered by a supercharged 2.0-liter Ford Duratec four-cylinder engine. It produces 299 hp and 213 lb-ft of torque.

Meguiar's condition improves to stable

Avid car collector and TV host Barry Meguiar is in stable condition and his health is improving, according to a statement from Meguiar's Inc., the car-care-products company that bears his family name. Meguiar, 67, was hospitalized in Monterey, Calif., last weekend while attending the Pebble Beach Concours d'Elegance, and on Wednesday, his condition was reported as serious. The company statement, released on Thursday afternoon, said Meguiar had contracted an undiagnosed virus recently while recording his TV show, "Car Crazy," outside the United States.

Bugatti Veyron 16.4 Super Sport hits 268 mph

Bugatti is claiming a new production-car top-speed record with a combined two-run average of 267.9 mph (431.072 kph) with a new Veyron 16.4 Super Sport model, smashing the 253.76-mph record set by a standard Veyron 16.4 in 2005. It also betters the existing world-record mark of 256.23 mph (412.28 kph) established by Shelby SuperCars with its Ultimate Aero on a 12-mile stretch of road in Nevada in 2007. Confirming details of the attempt run under tight security at parent company Volkswagen's 13-mile Ehra-Lessien test track in late June, Bugatti says the new Super Sport set the record in the hands of its test driver, Pierre-Henri Raphanel, and under the auspices of officials from the Guinness Book of Records.