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Chevrolet Camaro ZL1 gets $54,995 base price

The high-performance Chevrolet Camaro ZL1 will carry a base sticker price of $54,995 including shipping charges when it goes on sale next spring as a 2012 model. That's more than double the sticker price of a base 2012 Camaro coupe, which starts at $24,100 including shipping charges, and more than a base 2012 Chevrolet Corvette coupe, which starts at $50,500. The 2012 Camaro ZL1 packs a supercharged 6.2-liter V8 rated at 580 hp and 556 lb-ft of torque.

Porsche celebrates 50 years of the 911 at Pebble Beach

Seven generations across 50 years; nobody has ever matched what Porsche has done with the 911. What started out as the Porsche 901 quickly became the 911 – and wouldn’t take long to become a legend. As one of the most accomplished road-going supercars ever created, it's easy to see why the 911 is also a consummate champion in the motorsport arena – and to celebrate that fact, at Pebble Beach 2013 there was a huge array of road and race 911s, courtesy of Porsche itself along with a stack of private owners.Click through the gallery to see our pick of these great cars...

Formula One: Ferrari's Montezemolo to run for Italian presidency?

Ferrari boss Luca di Montezemolo has stirred the pot in Italy with reports saying he will run for the Italian presidency in 2013, but Montezemolo himself has denied tales of his presidential ambitions. Montezemolo has made it known that he wants to see economic and structural reform in his homeland. The Italian also has repeatedly hinted at his political yearnings.