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Schumacher's old F1 car sells for a bargain £195k

When can you ever call a £195,000 classic Formula One car a bargain? When it was driven by the most successful F1 driver ever, Michael Schumacher. This Benetton-Ford B191 was due to go up for auction with Coys this Saturday 10 August at the Nurburgring, but the car has now been sold ahead of going under the hammer for just £195,000.

New Audi S8 (2012) gets 520hp V8

New Audi S8 (2012) The fourth and final Audi ‘S’ to be revealed this morning – after the S6, S6 Avant and S7 – is the range-topping 2012 Audi S8. And as befits the top-of-the-range it gets the wick turned up on its new V8 to at least 9 – that’s 520hp. We’re expecting the full ’11′ will only be available on the Bentley version.

BMW i3 EV revealed. It’s clever, but it’s not exactly pretty

The BMW i3 electric city car (pictured) has been officially revealed The BMW i3 – the first of BMW’s production ‘i’ electric cars – has finally been revealed at events in London, New York and Beijing as BMW plots its course to bring a premium electric city car to the world. Looking much like the original Mega City Concept, the i3 debuts a number of innovations from BMW – which are very clever – but it also debuts perhaps the worst looking BMW we’ve ever seen, with its incongruous lines, bulging bonnet, odd shapes on the flanks and slab-backed rear view. But what underpins the i3 is clever indeed, with a lightweight inner body made from carbon fibre and carbon fibre reinforced body panels providing the skin, all conspiring to make the i3 light – 1195kg, despite 25 per cent or so of that being batteries – and very rigid.