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Ferrari 430 Scuderia (2007): first official pictures

By George Barrow First Official Pictures 19 July 2007 05:10 Supercar High-performance track focused Ferraris are back on the menu in Maranello. Ferrari announced its return to the rich blokes' track day market today with this road legal F430. Due to be unveiled at the Frankfurt Motor Show by Ferrari golden boy Michael Schumacher, the most hardcore F430 yet, named the Scuderia, or 'team' (a reference to the company's racing heritage), is likely to cost around £175,000, £45k more than the standard car.

Record expected for Auto Union sale

By James Mullan Motor Industry 07 February 2007 09:21 A rare 1939 Auto Union Type D grand prix car is tipped to tear up the record books this month when it goes under the hammer – for an estimated price of up to £7.8 million. Auto Union developed the Type D racing car with a mid-mounted 3.0-litre 12-cylinder engine; in 1939, it was modified with the addition of a twin supercharger, increasing power 420bhp to 460bhp – enough for a top speed of 205mph. This particular car won the French and Yugoslavian Grand Prix in 1939, but at the end of the Second World War it was transported from East Germany to the former Soviet Union by Russian occupation forces as spoils of war.

Fiat taking 35% stake in Chrysler

Fiat S.p.A. and Chrysler LLC confirmed today that the Italian company intends to acquire an initial 35 percent stake in the U.S. carmaker.