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Schumacher's old F1 car sells for a bargain £195k

When can you ever call a £195,000 classic Formula One car a bargain? When it was driven by the most successful F1 driver ever, Michael Schumacher. This Benetton-Ford B191 was due to go up for auction with Coys this Saturday 10 August at the Nurburgring, but the car has now been sold ahead of going under the hammer for just £195,000.

McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren

The McLaren P1 (pictured) boosts McLaren’s profits We’re starting to see the McLaren P1 – McLaren’s modern replacement for the iconic McLaren P1 – rolling out to lucky owners, and that will continue apace during 2014. Which means McLaren will see a big rise in its turnover and an even bigger rise in profits – up four-fold – as the £866,000 P1 replenishes McLaren’s bank account. But, although it will take a while to build, deliver and get paid for all 375 P1s, the P1 won’t be a long-term cash cow for McLaren, just a nice little booster as it starts to plan to up production to 4,500 cars a year over the next few years.

Jaguar F-Type & 2013 Range Rover LIVE at Paris 2012

Jaguar Land Rover will officially debut the Jaguar F-Type and 2013 Range Rover at Paris 2012 on Thursday – LIVE on Cars UK. We’ve already had the official reveal of the 2013 Range Rover, and the new Jaguar F-Type slipped out last week too, quickly followed by a single official photo from Jaguar. But the public debut for the two new Jaguar Land Rover models is the upcoming 2012 Paris Motor Show which opens to the public this weekend.