Valterra T1020-vp Termination Cap - Carded on 2040-parts.com

One Lap of the Web: a 12-year-old with three Ferraris, burning Porsches and old futuristic cars

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Meet a 12-year-old kid who owns three Ferraris.

GM tipped to buy Tesla in 2014 - report

Tesla Motors Tesla has made a real splash in the electric-car scene, so it should come as no surprise that its success is generating renewed interest in the fledgling start-up. New media reports in the US suggest that one of America's biggest car makers, General Motors, is considering buying Tesla in 2014. Veteran auto industry analyst Yra Harris, of Praxis Trading, told CNBC that GM may make a bid for Elon Musk's electric vehicle (EV) specialist in the coming months.

SEAT Ibiza ST (Sport Tourer) Prices & Models +video

The SEAT Ibiza ST 2011 Back in February in the run up to the Geneva Motor Show SEAT sent us details of their diminutive estate, the SEAT Ibiza Sport Tourer (ST) which bowed in at Geneva shortly after. It’s taken six months to get to this point, but the Ibiza ST is now going on sale in the UK with a starting point of £12,075.00. For that you get the Ibiza ST 1.4 litre S which, despite being the starting point for the ST, comes equipped with AirCon, MP3 compatible CD with aux and steering wheel mounted controls. Top of the tree for now at least is the Ibiza ST 1.2 TDI CR Ecomotive SE which will set you back £14,910.