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Aston Martin sale imminent

Despite denying they were in talks to sell a stake, Aston Martin has confirmed it is in talks for a ‘Capital Increase’ with a deal announcement seemingly imminent. We’ve been banging on for more than a year that Aston Martin needs a new investor if it has any chance of remaining credible and viable. And now it looks like that ‘Big Brother’ for Aston Martin is imminent.

Vettel and Webber make it a 1-2 for Red Bull in China

Red Bull's Vettel and Webber celebrate their 1-2 in Shanghai [ad#ad-1] This is the most topsy-turvy start to a Grand Prix season in many a year. First we have a rookie team – Brawn GP, which didn’t even exist a few weeks ago – taking the lead and winning the first two races of the season. And now, in Shanghai at the Chinese Grand Prix, Red Bull has achieved its first ever F1 win with a stunning 1-2 by drivers Sebastian Vettel and Mark Webber After two days of high temperatures and sunshine the Shanghai Grand Prix set off in a procession behind the safety car in torrential rain, and stayed that way for the first eight laps.

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.