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McLaren reportedly at work on its next big thing

While we're getting ready for the soon-to-be-released McLaren MP4-12C, the British sports-car maker is at work on its next project. McLaren is aiming for a 2014 launch for a sports car that is larger than the MP4-12C, according to the Web site of the U.K.'s Autocar magazine. The magazine says McLaren is working with engineering firm Ricardo to develop a 5.0-liter engine that cranks out nearly 800 hp.

Video: Jay Leno thrashes a Mercedes-Benz SLS AMG roadster in Affalterbach

Car guy and all-around funnyman Jay Leno got his crack at the Mercedes-Benz SLS AMG roadster in Affalterbach, Germany, and the results are up for viewing on Mercedes’ YouTube channel. Leno flogs the 563-hp convertible around the Mercedes-Benz test track at the factory and on the roads nearby. In tow is Mercedes AMG chairman Ola K

Bernie Ecclestone's daughter buys pricey house in Los Angeles

After nearly three years, Candy Spelling has finally found a buyer for her Los Angeles mansion (which some would call a castle)--the daughter of Formula One commercial boss Bernie Ecclestone. Petra Ecclestone, 22, will be the new owner of the 57,000-square-foot home in Holmby Hills, according to the Wall Street Journal. Spelling was asking $150 million for the joint, which puts it among the most expensive homes in the country, according to the newspaper.