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Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.

Maserati GranCabrio is set for a Frankfurt debut, will go on sale this year

Maserati will debut the GranCabrio, its first four-seat convertible, at the Frankfurt motor show. The GranCabrio is a soft-top variant of the four-seat GranTurismo. It has a roof that opens or closes in 28 seconds and will go on sale by the end of this year.

2013 Ford Fiesta ST: Price from £16,995

The 2013 Ford Fiesta ST will cost from £16,995 when it arrives in Ford’s UK showrooms in March, with an extra £1,000 buying the Fiesta ST2. But now, with the Fiesta ST about to arrive as a three door in UK showrooms (the 5 door Fiesta ST will be sold in the US), Ford has come up with prices and specs for their hot Fiesta. The regular Fiesta ST will get some butch bumpers, a set of 17″ alloys, suspension lowered by 15mm, tinted glass, Recaro seats, DAB and AirCon, and if you want to spoil yourself you can opt for the Fiesta ST2 which adds in LED headlights, keyless start, part leather seats and climate.