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Aston Martin Racing to sell V8 Vantage and DBR 1-2

Aston Martin Racing is offering for sale two pedigreed race cars for display -- both sporting the legendary Gulf Oil livery -- for the low, low price of $379,300 each, converted today from British pounds. The V8 Vantage GTE chassis No. X2 competed at the 24 Hours of Le Mans in 2012.

Lexus launches 'Design Matters' campaign

Lexus has hosted an event called ‘Design Matters' in New York City, as part of a new strategy to showcase the brand's commitment to design. Toyota's global president Akio Toyoda attended the event along with Mark Templin, executive vice president of Lexus International, who said, "Lexus is expanding as a global company and we need to speak to a broad global audience. There's no better way to do that than through design." Templin used the event to announce its other design-related campaigns.

McLaren denies Ron Dennis demotion rumors

McLaren has denied reports that boss Ron Dennis is being demoted in the wake of the automotive division he heads losing money. Germany's Auto Motor und Sport broke the news this week that Dennis could be demoted. He is known for shaping McLaren into a motorsports powerhouse, and has spearheaded its automotive division since 2009.