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Chevy, Michigan Tech unveil a different kind of racer

At the 113th Army-Navy Game on Dec. 8, Chevrolet and students from Michigan Technological University unveiled a new hand cycle designed to make it easier for wounded vets to compete in racing events, including marathons. General Motors CEO Dan Akerson said GM will build 10 prototypes for use by the Achilles Freedom Team of Wounded Veterans in marathons across the country.

Jaguar Land Rover made £1 billion last year

The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.

Underground Racing Lamborghini cracks 250 mph--watch the video here

Earlier this year, we told you about Underground Racing, a shop in Charlotte, N.C., that makes a business out of upgrading Lamborghinis with twin turbochargers to boost engine output to more than 1,000 hp. Now, a Lamborghini Gallardo Superleggera upfitted by Underground Racing cracked the 250-mph mark at the Texas Mile event. Car owner Richard Holt made the 250.1-mph run in late March, but video was posted just this week.