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Ferrari Scuderia Spider 16M (2008) first official photos

By Ben Pulman First Official Pictures 09 November 2008 12:36 These are the first pictures of the new Ferrari Scuderia Spider 16M, essentially a drop-top version of the sublime 430 Scuderia. Unveiled this past weekend at Ferrari’s World Finals end-of-season gig at Mugello, just 499 Scuderia Spider 16Ms will be built, each costing over £180,000. Ferrari says its latest model has been built to celebrate the Prancing Horse’s 16th F1 Constructor’s title, hence the ‘16M’.

Lotus Exige S (2011) at Frankfurt motor show

This is the new Lotus Exige S, just unveiled by CEO Dany Bahar at the 2011 Frankfurt motor show. And it might not be the sort of Lotus Exige you were expecting: this new S model now runs the supercharged 3.5-litre V6 from the Evora S, meaning it not only boasts 35% more power than before, but it is also 191kg heavier. Lotus Exige S: the spec Lotus’s long-held mantra has been ‘add lightness’, but Bahar’s future plans call for models to rival the 458, the California and the Rapide, essentially bigger cars with bigger engines.

Bertone looking for buyers as bankruptcy nears

Italian design house Bertone has confirmed it entered bankruptcy proceedings in Italy, The Telegraph reports, amid recent reports that it laid off a significant percentage of its workforce. A spokesperson for the struggling company told The Telegraph that the company is searching for a buyer. "The problem is many debts and very high costs.