Tycoon pays £1m for Lotus F1 stake

Lotus’s lead driver, Kimi Räikkönen, was second to Ferrari’s Fernando Alonso in Sunday’s Spanish grand prix but the team has been less successful off-track. Its latest accounts for the year ending December 31 2011 show that the team made a £20.8m pre-tax loss, despite...

Lamborghini Egoista is a Car Without Compromises

Lamborghini has taken the automotive world by storm yet again this year, unveiling what it calls the Egoista in Sant’Agata Bolognese yesterday as it finished off its festivities to celebrate the brand’s 50th anniversary. Little more than rumors and poor iPhone photos...