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Honda to field seven entries at Pike’s Peak

Honda will join the 2014 Broadmoor Pikes Peak International Hill Climb as a sponsor and a competitor, the company said on Thursday. The company will run five cars up the hill, in addition to a motorcycle and an ATV. "Pikes Peak presents us with a unique opportunity to showcase Honda's diverse product lineup as we work to further strengthen Honda's presence in racing at all levels," said Art St.

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.

Porsche introduces Panamera Platinum Edition

The Porsche Panamera is already one of the top executive sedans on the road today. But in case there's any doubt, the company has added a Platinum trim to the lineup, moving the vehicle even further upscale. It will be offered for both rear- or all-wheel drive versions.