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Ron Dennis steps down from F1 to focus on supercars

Ron Dennis hands over the baton to Martin Whitmarsh. He'll now be focusing on McLaren Automotive's new P11 and other road cars By Tim Pollard Motor Industry 16 January 2009 15:43 McLaren Mercedes team principal Ron Dennis is to step down as boss of the F1 team to concentrate on McLaren's other interests – including McLaren Automotive, which is planning a range of new top-end sports cars. CAR Online has led the world with its scoops on the new McLaren P11, a British alternative to the Ferrari 430 Scuderia.

Electric Lightning GT

By Dimitri Pesin Motor Industry 10 June 2008 10:30 Specialist manufacturer Lightning Car Company is set to build a 700bhp electric sports car. The Lightning GT will be powered by batteries and capable of delivering a range of 250 miles on a single charge by distributing power through electric wheel motors. All of the power will be available from zero rpm and a 0-60 time of under four seconds is predicted.

Money flows at Monterey Auctions

Buyers of classic vehicles have dug deep into their pockets at auctions on the Monterey Peninsula, easily topping the sales totals from last year with one auction still remaining. More than $203 million has been spent on 704 vehicles, for an average sale price of $288,360. In 2011, the auction houses set a record for total sales during Pebble Beach week at $197,732,538 having been spent on 881 vehicles for an average sale price of $224,441.