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Carroll Shelby tribute draws 1,200 people

At approximately 6:55 p.m. Pacific Standard Time on Wednesday, May 30, around the world, the engines of several thousand Shelby Mustangs, Cobras, GT40s and even a few Series 1s cranked to life and roared their terrible roars in tribute to their fallen maker, Carroll Shelby. “I've got friends in South Africa who are firing theirs up right now,” said a Shelby Mustang owner, standing amidst a sea of the barking beasts parked on the roof of the Petersen Automotive Museum in Los Angeles.

Diesel joins Porsche Panamera lineup

Porsche has put forward some eye-catching fuel-economy figures for the Panamera diesel--although we may never see the car in the United States. Set to go on sale across Europe in August, the four-door is claimed to return a combined city/highway driving fuel economy of 36.2 mpg in standard guise under European testing procedures. When fitted with optional low-rolling-resistance tires, the fuel economy climbs to 37.3 mpg on the European test--a figure that gives the Panamera diesel a theoretical range of 800 miles on its 21-gallon fuel tank.

Shelby GT500 durability car to be auctioned off at Barrett-Jackson

Carroll Shelby will have his name all over the Barrett-Jackson Collector Car Auction in Arizona this weekend. In addition to the anniversary edition Shelby Cobra being displayed for the first time, a 2013 Ford Shelby GT500 durability car will be auctioned. The sale will raise money for the Juvenile Diabetes Research Foundation.