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Ferrari apologizes for employee filmed doing donuts in China

Ferrari issued an apology on Wednesday after one of its employees was filmed doing donuts in a 458 Italia 20th Anniversary Special Edition on the 600-year-old Ming Dynasty wall in the city of Nanjing. The online community has been up in arms, with users of Wiebo, China's version of Twitter, being allowed to complain the loudest. Much of the anger was directed at the Chinese government, which rented the wall for the occasion at a cost of $12,000.

Renault buys Caterham out of the joint Alpine sports car venture

Renault buys Caterham out of the joint Alpine sports car venture It’s more than eighteen months since Renault and Caterham joined forces to create a new breed of sports cars around the Alpine brand. Renault say the arrangement is a mutual one and officially brings to an end the joint venture, and that the business will be renamed Société des Automobiles Alpine this month, although Renault aren’t excluding further ventures with Caterham in the future. The split means that the Alpine project will now be a purely Renault one, and Renault are planning to get their Alpine to market by 2016.

Brumos Porsche to honor Hurley Haywood with special-edition Carrera GTS

Brumos Porsche in Jacksonville, Fla., parent of Brumos Racing, confirmed the production and imminent delivery of five factory-built 911 Carrera GTS B59 Edition coupes that pay homage to driver Hurley Haywood--five-time winner of the Daytona 24-hour race. The exclusive Porsches will carry a sticker price of $133,540. The 408-hp coupes, based on the GTS, will have the Brumos red-and-blue stripe design for the front hood and rear deck, Porsche door decals, 19-inch sport classic wheels, limitation badges and Carrera White accents and door-entry guards with HHaywood's engraved signature.