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Ferrari-designed Santa's sleigh (2010)

Ferrari is used to building high-speed sports cars, but now it's undertaken a far more difficult design study: building the Ferrari sleigh for Father Christmas. Penned by the design team in Maranello led by Flavio Manzoni, the Ferrari supercar sleigh is said to use many of the design principles which underpin its roadgoing supercars such as the 458 Italia and California. It’s a lightweight sledge with the iconic Prancing Horse depicted on its flanks and racing numerals on the door panels.

NADA asks U.S. to suspend clunkers program

National Automobile Dealers Association officials asked the government to suspend the cash-for-clunkers program because a survey by the group found that the $3 billion fund has been exhausted, NADA Chairman John McEleney said. "We asked them to put a halt to the program--I think we said 'very soon'--but a suspension at midnight tonight would make sense," McEleney said in an interview Wednesday. "Our survey opened the eyes of the Transportation Department." A suspension would allow dealers to submit all pending claims and permit the government to process them so that a precise determination could be made of how much money, if any, is left in the program, he said.

Get a classic car restoration scholarship

Hagerty recently announced it has teamed-up with LeMay–America’s Car Museum to help develop a new program focusing on education on vehicle restoration. This hands-on learning program has been dubbed the “Hagerty Education Program at America’s Car Museum,” and will provide scholarships as well as educational grants to students who are eager and committed to the collector-vehicle industry. Hagerty wants to carry on the success of the former Collectors Foundation, originally introduced in 2005, to continue to educate young people between the ages of 14-25 on the inner workings of the automotive preservation and restoration process.