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Saab parent company to sell Spyker luxury brand to U.S. firm

Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.

Sir Stirling Moss gives up racing

Stirling Moss hangs up his helmet It had to come eventually – Sir Stirling Moss retiring from motor racing – but it felt like the best driver England has ever produced could go on for ever. Stirling Moss won sixteen Grands Prix in his career and became synonymous with the Mille Miglia, but his career ended in 1962 after a crash at Goodwood put him in a coma for a month. Many said Stirling could have come back after he recovered from his injuries, he just tried to do it too soon.

MINI Paceman Coooper S hits the Nurburgring (video)

The next MINI to hit showrooms – the MINI Paceman – has been caught testing at the Nurburgring ahead of a Paris Motor Show. We did think that the MINI Paceman – which arrived at the Detroit Auto Show last year as a concept – would make it to market as a Countryman Coupe. But just last month MINI let it be known that they’re actually going with the funkier Paceman rather than the descriptive, though predictable, MINI Countryman Coupe for the production version of the Paceman which will debut in production guise at the Paris Motor Show in September.