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Victor Muller sells Spyker sports cars to CPP

Supercar maker Spyker is to be sold. Coventry-based coachbuilder CPP has announced a memorandum of understanding (MOU) to buy Spyker Cars from Spyker Cars N.V, the holding company which owns Spyker and Saab. No. Saab remains under the ownership of Dutch company Spyker Cars N.V. This sale is of Spyker, the manufacturer of flamboyantly detailed mid-engined supercars. CPP has been supplying chassis and body panels for Spyker since the brand was relaunched in 2000, and completed an agreement to handle full manufacturing of the current range in 2009 – the production of Spyker cars moved from the Netherlands to Coventry in 2010.   The MOU, valued at €32m, will mean that CPP Global Holdings Ltd will become manufacturer and owner of Spyker – €15m will be paid straight away, with the remaining €17m paid over a six year 'earn-out' period.

Porsche 991 GT3 Cup (2013): the new racer revealed

The first 991-generation to bear the GT3 name isn't a hardcore road car: it's the latest version of the world's most successful racing car. This is the Porsche 911 GT3 Cup car, a stripped-out racer that'll compete in a one-make racing series from 2013. It'll also spawn other racing versions of the rear-engined icon, and eventually track-day versions of the 991 too.

Ferrari F150 / New Enzo teased. But which bit? UPDATED

Ahead of a reveal in a few days time, Ferrari are teasing the new F150 / Enzo. But what exactly is the teaser photo showing? Update: Ferrari are making up for lost ‘tease-time’ with yet another tease photo for the F150 (in the picture gallery above).