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Koenigsegg signs deal to buy all of Saab

By Tim Pollard Motor Industry 18 August 2009 10:17 Supercar maker and industrial group Koenigsegg today announced it had signed the deal to buy every one of GM's shares in Saab. The news clears the way for Saab's rebirth as an independent car maker freed from the shackles of General Motors and follows an earlier memorandum of understanding. Koenigsegg has signed the stock purchase agreement to buy 100% of Saab – but there are still numerous hurdles before the deal completes 'in the next few months.' Exactly.

Ferrari World Record at Silverstone Racing Days

Ferrari F1 driver Felipe Massa led a parade of 964 Ferraris to claim a new world record at Ferrari’s 2012 Racing Days at Silverstone. Ferrari Racing Days have been back at Silverstone this weekend, for the first time in 5 years, and to celebrate the occasion Ferrari has managed to claim a new world record for the number of Ferraris on track at any one time. When the last Ferrari Racing Days outing was at Silverstone, in 2007, Ferrari managed to garner 385 of Maranello’s finest to parade round Silverstone’s track for a new world record, but that record was broken later that year by Ferrari in Japan with 485 cars.

Ferrari 612 Shooting Brake NOT the new 612

Ferrari 612 Shooting Brake Spy shot Last week we ran a story about the replacement for Ferrari’s four-seat supercar, the Ferrari 612 Scaglietti. The basic premise was that Ferrari would be bringing the replacement for the 612 Scaglietti to the Geneva Motor Show in March, and that it would feature a new, 650bhp V12 engine, and 4×4 platform and be a Shooting Brake. All of which was a cobbling together from bits of information we’ve received when we started to dig around for information after Ferrari chairman Luca di Montezemolo recently said there will be a “very different Ferrari” at Geneva.