Chevrolet Corvette ZR1 will be Indy 500 pace car

The 2013 Chevrolet Corvette ZR1 will be the pace car for this year's Indianapolis 500--a fitting victory lap as the current sixth-generation Corvette heads for the end of its production run and the end of this version of the ZR1. The Indy pace-car Corvette will wear the 60th-anniversary trim package--an arctic white exterior with silver stripes down the center of the car and a blue interior with suede leather coverings on the steering wheel, center console and in the seats. Changes for the pace car include only the addition of a light bar on the roof, some racing-safety equipment and race logos.

Noble plans to bring the Fenix supercar to the United States with Chevrolet power

A new 200-mph, Chevrolet-powered supercar from Briton Lee Noble is headed to the United States, possibly in 2011 or 2012. Powered by either a 638-hp supercharged LS9 V8 or a 480-hp LS3 V8, Noble's new Fenix supercar will aim for Ferrari 458 Italia performance at about half the price, a performance-price offer that served Nobel well at his previous company, Noble Automotive. "The Chevy engines have partly been chosen because they have global homologation and sales in the U.S.

BMW to supply engines to Saab, reports say

Saab and BMW AG have agreed on a deal that allows the Swedish carmaker to use engines made by BMW, according to a person with direct knowledge of the matter. Saab will initially purchase BMW engines for the 9-3 model that is scheduled for release in late 2012, said the person, who asked not to be identified before a contract is signed. The carmakers plan to sign and announce the pact in Trollhattan, Sweden, on Wednesday, the person said.