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Porsche will return to Le Mans LMP1 class in 2014

Porsche have announced their intention to return to top-level sports prototype racing in 2014, with a car to compete in the LMP1 class at the Le Mans 24 Hour race. Porsche: Most successful manufacturer at Le Mans The Zuffenhausen-based carmaker has plenty of heritage to draw upon as it enters its LMP1 car development programme. Porsche have won the Le Mans 24hr race 16 times since 1970 with racing models including the 917, 956, 962 and 911GT1.

Fiat to build crossover on 500 platform

Fiat plans to start production of a crossover variant of its 500 minicar next year. The new model will be called the 500X, with the letter X standing for cross, company sources told Automotive News Europe. The car will replace the Sedici in Fiat's Europe lineup.

Lamborghini Gallardo pays homage to longtime test driver

Lamborghini is paying tribute to its longtime test driver, Valentino Balboni, by putting his name on a limited run of rear-wheel-drive Gallardos. It's called the LP 550-2 Valentino Balboni, which denotes the 550-hp rating. It's the only current Lamborghini that channels power to just the rear wheels.