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Mercedes-Benz revives its classic Gullwing two-seater as the SLS

Mercedes-Benz's gorgeous 300SL--or Gullwing, as it is affectionately now known--has been reborn five decades after the iconic two-seater first sent the motoring world into a spin at the New York auto show in 1954. We were the first to report Mercedes' secret plans to resurrect the Gullwing following Dieter Zetsche's decision not to forge ahead with a second supercar in collaboration with its Formula One partner, McLaren. Now we can confirm the name--SLS--along with details of its state-of-the-art construction, unique driveline, performance and much more.

F1 Budget Cap row over

MAx Mosley announces the budget cap row is over between the FIA and FOTA - and he's resigning. After a meeting today in Paris, the FIA has announced that it has reached agreement with FOTA to scrap the budget cap it was insisting on implementing from 2010. Quelle surprise!

Nissan GT-R 4 Door Saloon

But Nissan admits that the GT-R is a loss-maker, which is hardly a surprise. So what can they do to capitalise on the kudos surrounding the GT-R? The route seems to be more models based on the GT-R’s platform, including a saloon and even an SUV.