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Auctioneer Dean Kruse's money woes continue
Thu, 19 Nov 2009Auburn, Ind., auctioneer Dean Kruse has been ordered by a local court to pay more than $1.3 million to an Indiana bank, and a leasing company has asked a federal judge to repossess Kruse's 1985 Cessna jet, which had been insured at $3.5 million. These two recent events are on top of several months' worth of financial woes for one of the classic-car world's best-known auctioneers. AutoWeek reported in August that people from across the country were complaining that they had not been paid for cars sold at various Kruse International auctions.
Tunnels get F1 ace Räikkönen buzzing
Tue, 26 Aug 2014FERRARI's Formula One aces Fernando Alonso and Kimi Räikkönen put pleasure before business at the Belgian Grand Prix weekend, taking to a specially-made track in a hyper-exclusive 458 Speciale in a test of driving excitement. The stars travelled down the road from the famous Spa circuit to an event hosted by Shell, Ferrari's fuels and lubricants partner, where a 1.2km circuit built for excitement had been put together, featuring a tunnel full of laser lighting, a simulated winter corner with authentic whirling snow, and an F1-style starting grid. The tunnel flicked Kimi's switch more than any other part of the track, with the telemetry showing a spike in excitement levels as he hit the power through the multi-coloured lasers and smoke.
Mercedes-Benz teases Mercedes MLC in Alabama
Tue, 25 Oct 2011Mercedes MLC Teased As far back as June we reported that Mercedes was planning on building a rival to the BMW X6 – which we dubbed the Mercedes MLC. Which made us conclude – when Mercedes announced it was adding a fifth model to its production line at it Alabama plant in the U.S. – that the car they would be churning out would be the M-Class Coupe.