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Win a Lotus Exige Driving Experience at Silverstone

By Ben Pulman Competitions 24 February 2009 09:00 CAR Magazine has teamed up with Silverstone, the home of British Motor Racing, to give one lucky reader the chance to win a sensational Lotus Exige Driving Experience at the famous Northamptonshire circuit. Click here to enter our competition. With its rich history and heritage, Silverstone was the ideal location to gather 13 hot hatch icons (including the new Focus RS) for the cover story of the new redesigned April 2009 issue of CAR Magazine.

Ferrari salutes Sergio Pininfarina

Ferrari has a singular identity, but the look, the image and the attitude were crafted, elevated and carefully honed largely by another superlative Italian company—Pininfarina. Mindful of this, the Prancing Horse paid tribute to longtime Pininfarina chairman Sergio Pininfarina, who died on July 2 at the age of 85. “Calling his relation with Ferrari legendary is insufficient,” Ferrari chairman Luca di Montezemolo said in a statement.

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.