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Wiedeking to be offered $140 million to quit Porsche, report says

Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday. The newspaper said Wiedeking has been visited by Porsche Chairman Wolfgang Porsche in the past few days, who “made it clear” that the embattled CEO should step down. Wiedeking has come under fire for allowing Porsche's holding company to amass debts of more than $12.7 billion (9 billion euros) during a failed attempt to take over VW.

Crackdown on 'distracted' drivers

A CRACKDOWN on distracted drivers caught one motorist having a shave using a razor and a water bottle and a woman doing her make-up in the rear view mirror while on a motorway. The five-day police operation across the motorways of Hampshire and the Thames Valley resulted in 198 motorists being prosecuted for driving offences - most of them driving whilst distracted. Other offences spotted were a lorry driver brushing his teeth, two van drivers reading newspapers while they drove, one person reading a map on the steering wheel and two drivers using iPads (one on the steering wheel) as they travelled along.

Enzo Ferrari died 25 years ago today

The word “Ferrari” is evocative enough as it is, but add “Enzo-era” to the mix and we imagine a very specific type of machine -- a vehicle that is raw, passionate, perhaps a bit prickly, but above all, utterly unique and irreplaceable. There's a reason Enzo-era Ferraris are magical: Enzo Ferrari himself. Born in 1898, Ferrari joined the Alfa Romeo racing team in 1920, established Scuderia Ferrari in 1929 and put his name on a V12-powered race car in 1947.