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Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.

Goodwood Revival 2011

The middle week of September was a crowded one for the CDN team with coverage of the Frankfurt motor show but we still found time to get our period tweeds out and head down to Sussex to cover the Revival weekend. This historic motor racing festival runs over three days, with Friday set aside for qualifying and practice, and races on Saturday and Sunday, with aggregated times to decide the final winner. Special themes this year included 50 years of the E-Type and this years' Fordwater Trophy grid was composed exclusively of this classic front-engined GT, including Lightweight and Low Drag versions that took on the Ferraris and Cobras of the period.

Lotus Evora S revealed UPDATE: Evora S uses a supercharger

The Lotus Evora S gets unveiled ahead of Paris Update: We’ve had emails and Tweets suggesting that the Evora S may not use a Supercharger to gain its extra horses. TBH, the press release makes no mention of a S/C and the power increase is less than we’d expected. So we checked with Lotus and we can confirm that the Evora S does have a supercharger.