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Group 20 supercar club wound up by court
Fri, 05 Jun 2009By Peter Adams (third photograph by Medway Messenger) Motor Industry 05 June 2009 14:54 Another supercar club has reached the end of the road, joining a growing list of top-end supercar rental businesses that have collapsed in the recession. Group 20 has been wound up by the courts, along with sister car finance companies Vehicle Options Ltd and Vehicle Options Fleet Ltd.All three companies were investigated by the Insolvency Service after complaints, CAR can reveal.Group 20 supercar club: what went wrong?The supercar club started trading in 2006 and used a network of franchisees to sell membership to the club. Over time, Group 20 expanded to boast a rental list of exotica worth around £2 million; local newspaper reports in the Medway Messenger reveal Group 20 boasted a Lamborghini Gallardo, Porsche 911, Bentley Continental GTC and, most impressively, a Zonda F Roadster on its books.However, the Companies Investigation Branch of the Insolvency Service found that Group 20 and its parent company had numerous ‘misleading business practices’.
Crash injuries force Franchitti to retire
Fri, 15 Nov 2013SCOTTISH RACING STAR Dario Franchitti has been forced to retire after suffering a number of injuries in a high-speed crash during a race in the US last month. The four-time IndyCar series winner spent five days in hospital after suffering concussion, a fractured vertebrae and a broken ankle in the last-lap crash at the Grand Prix of Houston in Texas. Franchitti, originally from Bathgate, West Lothian, said he had taken the decision based on medical advice.
Porsche Panamera diesel owners can boost the fun with TechArt power upgrade
Fri, 06 Jul 2012The German Porsche tuning haus TechArt revealed a power-upgrade kit for the Porsche Panamera diesel. While the 30-hp bump from the stock 250 horses to 280 won't light the world on fire, the 37-lb-ft jump in torque, from 405 lb-ft to 442 lb-ft, is sure to be a kick in the pants. The 0-to-60-mph time drops by 0.1 second from stock to 6.6 seconds, but the top end is up 3 mph to 153 mph.