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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.

Range Rover designers talk tactics [w/Video]

Range Rover designers and engineers have come together in a short video to discuss the reasons and influences behind their decisions when it came to designing the brand's fourth-generation flagship SUV. Developing a new Range Rover is always going to a difficult job, given its status as the world's best 4x4 and its avid fan base, and in this video we get a chance to hear from the people who influenced this latest model. Gerry McGovern, Land Rover Design Director and Chief Creative Officer, explains: "Great design is the gateway to customer desirability, it's about making that personal connection.

BMW displays Calder art car, racers and classics at Amelia Island

The first BMW art car -- a 1975 3.0 CSL wearing a paint job designed by Alexander Calder -- headlined a class of significant cars from the German automaker at the 2014 Amelia Island Concours d'Elegance. It was joined by a BMW M-powered McLaren F1 GTR, a first-generation 320i, winners of the 1975 12 Hours of Sebring, a BMW 320 Turbo race car, and the first BMW convertible. The Calder art car is the first in a series that has spanned more than 40 years of Roundel history.