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Goodwood Revival 2008 hosts £85m historic grid

By Ben Whitworth Motor Shows 15 September 2008 12:14 This weekend’s Goodwood Revival 2008 is set to be the most expensive yet – the grid for the Royal Automobile Club TT Celebration race has been independently valued by Bonhams automotive auction house at an eye-watering £85 million. The valuation for the one-hour, two-driver race closed-cockpit GT cars – which originally took place at Goodwood between 1960 and 1964 – makes it the most expensive grid of historic racing cars ever to appear together in one race. Goodwood Revival 2008: the drivers' list Derek Bell, Martin Brundle, Patrick Tambay, Jean-Marc Gounon, Christian Horner, Richard Attwood and Jackie Oliver will take to the fast and tight circuit in some of the finest and most valuable GT racers ever produced.The list of entrants reads like a Who's Who of schoolboy fantasy garages, including the Ferrari 250 GT SWB, GTO and 330 LMB, AC Cobra and two original Shelby American Cobra Daytonas, an Aston Martin DB4 GT Zagato and Project 214, plus the Lightweight Jaguar E-types.

UK car production tops 1.5 million

THE NUMBER of cars built in the UK topped 1.5 million last year, the highest for six years, amid what's being called "surging" demand at home and abroad. Production increased by 3.1% in 2013, with analysts predicting that output would reach record levels of around two million by 2017. The Society of Motor Manufacturers and Traders (SMMT) said the UK was set to become the third largest car manufacturer in Europe after Germany and Spain.

GM to shut down Saab

General Motors will shut down Saab after the automaker wasn't able to conclude a deal to sell the brand to Spyker Cars, GM said on Friday. “Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time," GM Europe president Nick Reilly said in a statement. "In order to maintain operations, Saab needed a quick resolution.