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Concours d'Elegance of America at St. John's to feature Slingshot dragsters

The 34th-annual Concours d'Elegance of America at St. John's, formerly known as the Meadow Brook Concours d'Elegance, will host a selection of Slingshot rail drag cars this year, in addition to the Duesenbergs, Pierce-Arrows and Cords. The cars get their name from the rearward positioning of the driver seat behind the rear axle.

New Range Rover Sport takes on Pikes Peak – and wins

The new Range Rover Sport takes on the Pikes Peak Hillclimb Pikes Peak is an unforgiving Hill Climb, spanning 12.42 miles and 156 corners, rising to 4,300 meters above sea level with oxygen levels at the top down to just 58 per cent of those at sea level, making it incredibly hard for both man and machinery to function. But despite the challenge, Land Rover has taken the new Range Rover Sport up Pikes Peak in a new record time for a production SUV, covering the 12.42 mile course of twists and turns in just 12m 35.61s at an average speed of 59.17mph. You won’t be surprised to learn that Land Rover choose to use the new RRS with the 5.0 litre Supercharged engine for the record run, but apart from fitting a roll cage and harness seatbelts, the Sport had no modifications at all.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.