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Lamborghini reveals 2011's new V12 supercar engine

Lamborghini today announced the first details of its new V12 engine and transmission, which Lamborghini president and CEO Stephan Winkelmann promises will be 'the strong heart of the Murcielago successor next year.' It's to be the first clean-sheet Lamborghini engine since the original V12 first appeared in the 350GT, nearly 50 years ago. Lamborghini is keen to promote the low weight yet high performance of the new V12, which produces 700bhp yet tips the scales at only 235kg. Sant'Agata has also announced a new transmission for the Murcielago successor.

BMW offers M Performance Parts for 3- and 5-series

BMW opened up its M Performance Parts catalog to the new 3- and 5-series, the company said on Friday. The German automaker will offer chassis, brakes, aero upgrades and exhaust improvements for the 2012 3-series and the 2011-12 5-series. BMW revealed the line for its diesel cars in Europe in January, but those cars won't be coming here.

New McLaren F1 to debut at Monaco 2012?

Render of the 2013 McLaren F1 It’s reported that the new McLaren F1 – know as the McLaren P12 – will debut as a concept at the Monaco Grand Prix weekend in May 2012. We first revealed that a new McLaren F1 was being developed in Woking almost three years ago, but at that time it looked like the new F1 – codenamed P12 by McLaren and perhaps destined to get the McLaren 799 moniker – would arrive after both the McLaren MP4-12C and a smaller, higher-volume McLaren aimed at cars like the 911 and R8. By 2011 reports were saying that McLaren had brought forward the new F1 to 2013 and that it would get a 5.0 V8 with something around 800bhp, a carbon fibre tub (just like the 12C) and lots of electronic handling aids like brake steer and brake force distribution, ceramic brakes and a very low weight.