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Who's Where: Frank Stephenson to move to Fiat

Frank Stephenson, Director of Ferrari-Maserati Concept Design and Development, is to move to Fiat to become Head of the Fiat, Lancia and Commercial Vehicle Styling Centre, based in Turin. Fiat Auto has seen a number of senior management changes within the last week, as part of an overall restructuring of the group. These include the appointment of Karl Heinz Kalbfell, Chief Operating Officer of Alfa Romeo, who is to become Chief Executive Officer of Maserati and replace Martin Leach who is now leaving the Company.

Formula Drift readies for 10th anniversary

Just two weeks after selling more tickets than ever at its 2012 season-ending event at Irwindale Speedway in Southern California, Formula Drift announced special 10th anniversary plans for the coming 2013 season. “It's crazy,” Formula Drift co-founder Jim Liaw said of the series' and sanctioning body's first 10 years. “It's kind of gone by in a blur.” That would be because it went by sideways.

Nissan slashes 370Z price and adds hot Nismo model for 2013

Nissan has given the 370Z a shot in the arm for its fourth year on sale, cutting the price of the entry-level model by £3,005, and adding a new range-topper: the upgraded 370Z Nismo. So just how cheap is a new 370Z now? You can get a base-spec coupe for £26,995, which comes with the facelifted front end (new bumper and LED running lights) plus new 18in alloys.