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Whiplash claim legal costs rising

GOVERNMENT attempts to reduce legal costs from whiplash injury claims seem to be failing. The average legal costs for small, whiplash-like third party injury (TPI) claims now stand at £2,500 per claimant, according to a report by the Institute and Faculty of Actuaries. The institute said this was a 15% increase since 2010 "when the Ministry of Justice introduced new measures which sought, in part, to contain legal costs".

Italian firm buys stake in Aston Martin

The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.

Alfa Romeo 4C to serve as official safety car at World Superbike Championship

The 2014 Alfa Romeo 4C will serve as the official safety car at the 2013 World Superbike Championship, which will be taking place at Silverstone this weekend. The last time Alfa Romeo fans got a glimpse of the 4C was just a couple weeks ago at the Goodwood Festival of Speed , but at Silverstone the car will be wearing a stylish white matte livery with red, white, and green colors from the Italian flag on its roof and hood. Alfa Romeo is no stranger to the world of bike racing, having sponsored a number of events in the past.