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China's Pang Da, Youngman agree to buy Saab

Chinese firms Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co. have agreed to buy Saab for $142 million (100 million euros).

Sell-Out Goodwood Revival Wows The Crowds

A SELL-OUT crowd of 148,000 enjoyed the 17th Goodwood Revival Meeting on the weekend of September 12-14 at the Goodwood Motor Circuit. The on-track highlights included the annual RAC TT Celebration race for early-1960s GT cars, comprising a £150 million field that included Jaguar E-types, Aston Martin Project cars and even a Bizzarini. The 60th anniversary of the Jaguar D-Type was marked with a 30-car parade plus the Lavant Cup race exclusively for examples of the Le Mans-winning British sportscar, while the Maserati 250F also turned 60 with variants of the Italian grand prix car making up two thirds of the Richmond Trophy field for front-engined F1 machinery of the late 1950s.

Video tour: Concorso Ferrari in Old Town Pasadena

Every spring, the Ferrari Club of America's Southwest Region puts on one of the best free shows you'll see all year. Concorso Ferrari is a gathering of prancing horses held right down the middle of the busiest street in the coolest part of Old Town Pasadena, Calif. West Coast editor Mark Vaughn leads us on a tour.