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New MG: Is this the MG2?

Is this a new mini MG - the MG2? Despite it looking at one point last year as if MG – certainly in the UK – was close to biting the dust, we now know that the SAIC Roewe 550 will be made in the UK and sold throughout Europe as the MG6 in hatchback form and the MG5 as a saloon. But now we’re getting news from China that there is a mini MG in the pipeline – the MG2 – and that this car will be turning up as soon as the Beijing Motor Show as an MG and not – as is usual for SAIC – as a Roewe which then spawns an MG.

The most expensive Ferrari ever sold at auction

A new record price was set at Pebble Beach this weekend when the 1967 Ferrari 275 GTB/4*S NART Spider pictured here became the most expensive Ferrari ever sold at auction. That isn’t the same as saying it’s the most expensive Ferrari ever, but the NART Spider is an extraordinarily special piece of Prancing Horse history. Join us as we explore what makes this particular car so important, and take a closer look at one of the most valuable cars in the world.

BMW M3 coupe gets stripped down to go club racing

BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS. The lightweight coupe, set to go on sale in early 2010 at a yet-undisclosed price, was conceived as a limited-edition model primarily for club-based racing in much the same way that Porsche builds the 911 GT3 Clubsport. But in a clear effort to link its track-based activities with the production-car side of its business, BMW's M division is offering the new car with a homologation package that will allow customers to register the M3 GTS for street use.