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Italian Grand Prix (2012) RESULT

With McLaren locking out the front row of the grid in Monza, will the 2012 Italian Grand Prix see the Woking team dominate? Spa saw Jenson Button drive brilliantly for a lights to flag win, and here at Monza Button is riding shotgun for Hamilton’s pole as the 2012 Italian Grand Prix looks set to see the resurgence of McLaren continue. This time it was Lewis Hamilton who dominated from the lights – only briefly losing the lead during a pit stop – after a clean start saw him put clear air between the McLaren and a fired-up Massa who managed to wedge his Ferrari between Hamilton and Button before the first corner.

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.

Volvo V40 teased again ahead of Geneva [w/video]

Volvo has released an unusual cartoon teaser video for its new five-door V40, together with an additional image. The animated video features a flock of birds perching on power lines before all but one fly off. Being left on its own to dance on the lines, before fading to black with the words 'Be One of a Kind' appearing before advertising the car's imminent arrival.  Meanwhile the image (left), showing the car in silhouette, gives little away about the design, unlike Volvo's first sneak peek (right), released in December last year.