Clunkers claims hit $1.15 billion Monday, government says

Dealer claims for cash-for-clunkers rebates continued to climb late last week after it became clear that the program would get $2 billion in new funding. Dealers had submitted 273,077 applications totaling $1.15 billion as of Monday morning, the Department of Transportation said today. That's about $120 million above the figure of last Friday morning.

Chinese Grand Prix (2013) RESULT

Qualifying for the 2013 Chinese Grand Prix produced a fascinating grid, with three former world champions at the front on soft tyres, two more world champions lurking down the grid on mediums – hoping a different strategy would see them rise to the top – and Red Bull’s Mark Webber starting from the pit lane after running out of fuel in qualifying. And the three world champions who started at the front – Hamilton in the Mercedes, Raikkonen in the Lotus and Alonso in the Ferrari – did indeed make it to the podium, but not in the order they started. Alonso had a cracking start, overtaking Raikkonen for second place at the start and taking Hamilton for the lead by lap five, but stopped two laps later to change his softs for mediums and coming out behind Vettel and Button, who had started on mediums, and Hulkenberg.

Ferrari 458 Speciale with active aero debuts at Frankfurt

The only thing better than a 458 is, of course, a lighter, stronger and more aerodynamically efficient 458. Toward that end, Ferrari unveiled the 458 Speciale at Frankfurt, a successor of sorts to the Challenge Stradale and 430 Scuderia, previous specials that, as good as they were, wouldn't last a race on the same lap as this one. “This is the most powerful V8 Ferrari, never made before,” said Ferrari chairman Luca di Montezemolo, who still speaks much better English than we could ever hope to speak Italian.