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New 2014 VW Golf R gets 296bhp – first photos

The 2014 Volkswagen Golf R (pictured) revealed ahead of its Frankfurt debut We had expected the new Volkswagen Golf R to debut at Geneva this year, but that debut turned out to be the rather disappointing Mk 6 VW Golf R Cabrio, that not only sacrificed 4WD but came at a silly price (which VW subsequently dropped by more than £5k). But this time there’s no mistake, and the 2014 version of the VW Golf R – complete with 4WD, we’re pleased to say -will arrive next month at the Frankfurt Motor Show before going on sale in early 2014. Under the bonnet the 2.0 litre petrol turbo delivers a healthy 296bhp (300PS) and 280lb/ft of torque which is sent to all four wheels through VW’s latest Haldex 4Motion 4WD, with the ability to decouple the back axle drive under low load conditions and send almost all the power to the back wheels too when demanded.

Jaguar Land Rover raise £500 million to fund expansion

Jaguar Land Rover raise £500 million Jaguar Land Rover is raising £500 million on the bond market to fund its expansion, including new models and new facilities. Hot on the heels of the Jaguar Land Rover joint venture deal with Chery in China comes the news that Jaguar has dipped in to the private bond market to raise £500 million to help with its bold and bullish plans to make JLR a major world player in the premium vehicle sector. JLR plans to invest £1.5 billion a year on expansion and is making sure its coffers can cope by issuing £500 million of senior notes due in 2020, with the net proceeds of the bonds being used for general corporate purposes.

Design Vettel's helmet, win fabulous prizes

Some helmet schemes are iconic. Jackie Stewart famously emblazoned his Bell helmet with his house tartan. Over on the motorcycle side of things, Valentino Rossi's screaming helmet has become a kitsch icon.