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Jaguar Academy of Sport signs up athletes galore

Jaguar Academy of Sport held the first of many ceremonies in London this week – and signed up 35 young British athletes with cheques and certificates to help develop their sporting talent.The academy was launched in March 2010 and is designed to nurture young British sporting talent by offering a bursary to athletes between the ages of 14-24. Awards will take place annually. Winners at the 2010 awards include 15-year-old Leanne Stephens. She received her first GB vest when she beat the World No.

Detroit auto show: Ford Mustang Boss 302R breaks cover

Some 40 years after Parnelli Jones drove a Bud Moore-built Boss 302 Mustang to the Trans-Am championship, Ford Racing has unleashed a new Boss 302R. The new Boss is an off-road-only Mustang that comes from the factory race-ready. Each of the limited-to-50 cars will come fitted with a 5.0-liter four-valve V8 and six-speed manual transmission.

GM board will again delay decision on Opel's future, report says

General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.