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UPDATED: Aston Martin sold

By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m.   The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.

Infiniti-designed Santa's sleigh (2010)

Today's sleighs are courtesy of Infiniti. The design team in Japan have sketched out a couple of Infiniti sledges for Father Christmas to deliver his presents across the globe in imperious style. The first sleigh looks like an Essence supercar concept meets an FX crossover - from that long snout and high-mounted, wedgy headlamps to the complex, textured surfaces, sliced and diced by a laser-pointer's worth of sloping lines flying off at all sorts of angles.

Solar car built by Cambridge University crashes

The annual World Solar Challenge is taking place right now. 38 teams from all round the globe are racing 3,000km (1,864 miles) across Australia using energy from the sun alone. Unfortunately, the planned entry from the UK’s very own Cambridge University isn’t amongst them – because five days before the start the above happened.