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Porsche threatens to pull Boxster production from Magna

Porsche is considering canceling an existing contract with Magna to build the next-generation Boxster and Cayman in Austria starting in 2013 and may instead move production to Karmann in Germany. The move would be aimed at protecting Porsche's closely guarded engineering and production cost secrets for its upcoming entry-level roadster and coupe. Porsche insiders say plans established under former boss Wendelin Weideking to build the Boxster and the Cayman at Magna's Graz factory in Austria are now being heavily reviewed following the Canadian/Austrian company's bid to take control of financially embattled Opel from General Motors.

Ford GT40 prototype sold for £4.2 million

One of four original Ford GT40 racer prototypes has sold at auction in the US for a staggering $7 million. That's £4.2 million. The Ford GT40 is famous for several things – being the product of Ford’s frustrated attempt to buy Ferrari, becoming an enormously successful Le Mans winning racing car and standing just 40 inches tall.

Button wins in Barcelona – another Brawn 1-2

Button wins for Brawn GP in Barcelona - with Barrichello in second place [ad#ad-1] Brawn’s fairytale season continues, with Jenson Button taking the win in Barcelona, with team mate Rubens Barrichello in second place. Button lost first place to team mate Barrichello off the line but, after a safety car on the first lap, strategy genius Ross Brawn moved Button on to a two-stop strategy, which proved a master stroke as Button cruised in to an 11 second lead by mid-point, and ended the day 13 seconds ahead of Barrichello at the finish. Ferrari had a better day than they’ve had of late, and Massa looked good for a strong finish, but an error at his last pit-stop left him short of fuel, and he had to back off and let Vettel in the Red Bull through in the dying laps of the race to have a chance of making it to the end.