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Ferrari P4/5 designer Castriota heads to Saab

Jason Castriota, the noted designer who created the Ferrari P4/5 and the Maserati GranTurismo, is taking his talents to Saab. He will be in charge of design for the Swedish automaker as it looks to develop a new image after being sold by former parent General Motors, Bloomberg News reports. Castriota will work on developing an upscale model of the 9-3 and will try to bolster Saab to better compete with BMW and Audi.

Ferrari 599XX raises €1.4 million in Ferrari earthquake auction

The auction by Ferrari to raise funds for victims of the earthquake in the Emilia Romagna region has raised €1.8 million. The Ferrari auction to raise money for victims of the earthquake in the Emilia Romagna region in Italy only kicked off two weeks ago, but has already ended with a total of over €1.8 million raised. The vast majority of the funds raised came from the sale of the Ferrari 599XX which sold to an American buyer for €1.4 million – almost a bargain.

Pensioner rescued from sinking car

A PENSIONER had a lucky escape when he was rescued from his car just before it sank under water after he was stranded on a tidal causeway. The man, in his 80s, was trapped inside the vehicle with the sea rising around him after he got stuck on the causeway between Overton and Sunderland Point, Lancashire, the RNLI said. Emergency services were called just before 3.30pm yesterday and the Morecambe RNLI's inshore lifeboat crew found the man inside the car and unable to open the doors because of the pressure of water.