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Ferrari 599 GTB 60F1 Edition celebrates 60 years of Ferrari F1

Ferrari 599 GTB 60F1 Edition Ferrari is to launch a limited edition version of the 599 GTB – the 599 GTB 60F1 – to celebrate 60 years in Formula One. Ferrari has been there since the beginning of F1, which makes Silverstone 2011 the 60th anniversary of Formula One, and to celebrate Ferrari is to release a limited edition model – the Ferrari 599 GTB 60F1. Based on the HGTE package available for the regular Ferrari 599 – which means stiffer springs and dampers, a bigger stabilizer bar at the back, bigger rubber and lowered suspension – the 599 GTB 60F1 is part of Ferrari’s Tailor Made programme (which does what it says on the tin).

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced onSunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.

Production Porsche 918 Spyder – first photo from Pebble Beach

The Porsche 918 Spyder arrives at Pebble Beach The Porsche 918 Spyder has been on its way for quite some time, and we’ve seen it in umpteen guises from 918 Concept to 918 in disguise to 918 in Martini colours. And now we get the real deal – the production version of the 918 Spyder. But rather than a fanfare and a gazillion photos, Porsche has simply posted a single photo on Twitter to announce that the production 918 is at Montery Motor Week.