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Ferrari teases next California

Ferrari is set to reveal a new, or possibly improved, vehicle on Feb. 12. It will be the world premiere of the “149M Project”, which Internet rumors have pegged as a (M)odified version of the current California drop-top.

McLaren P1 Track confirmed as McLaren Automotive goes in to profit

McLaren are building a track version of the P1 (pictured) for P1 customers only It’s only three years since McLaren Automotive entered the hugely competitive market for high-end supercars (well, it’s four years, but only three since the first 12C went to a customer), but it’s already in profit. McLaren made an operating profit in 2013 of £12.4 million (and a pre-tax of £4.4 million) on sales of £284.4 million and did so – as predicted – by hitting their sales targets – McLaren sold 1359 12Cs and 36 of the McLaren P1 hypercar. And that looks to be just the start.

Ten days and counting, China traffic jam extends 60 miles

Tuesday marked the 10th day of a traffic jam extending more than 60 miles on China's Beijing-Tibet Expressway. The congestion is a result of road construction that is expected to continue until mid-September, the Associated Press reported. At one point, vehicles were moving little more than a half-mile a day.