Caterham R500 wins the Top Gear 2008 Car of the Year (COTY) award, as announced at the popular BBC show. Powered by a 2.0 Ford Duratec engine, Caterham R500 may develops 263bhp and gets 0 to 60 mph acceleration time in 2.88 seconds.
Caterham R500 managed a time of 1.17.9 which is better than the Bugatti Veyron, Pagani Zonda F and the Ferrari Enzo.
Caterham R500 was featured in the TV show December when it was put against the BMW powered Veritas RS III.
Caterham R500 was also driven by The Stig on the shows track and managed quite a respectable time taking the 5th place on their chart.

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Ferrari Scuderia Spider 16M special edition has been unveiled by the Prancing Horse at World Finals in Mugello to celebrate its 16th title as an F1 Constructor.
Ferrari Scuderia Spider 16M can go up to 315 km/h and needs only 3.7 seconds to reach 100 km/h. Powered by the 4.3 liter V8 engine, Ferrari Scuderia Spider 16M may develops 510 hp at 8500 rpm and 470 Nm of torque at 5250 rpm.
Ferrari Scuderia Spider 16M will only go to the most passionate Ferrari fans with only 499 units will be built.
Available in black with grey trim colors, Ferrari Scuderia Spider 16M also has a tricolour livery as part of the Carrozzeria Scaglietti Personalisation Programme.
Unfortunately, the price of Ferrari Scuderia Spider 16M has not been announced yet.

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There’s a new world record past week-end at the Ferrari Leggenda e Passione auction which managed by RM Auctions and Sotheby. The car is a 1961 Ferrari 250 GT SWB California Spyder that break the record bid with 7,040,000 Euros.
This 7 Million Euro 1961 Ferrari 250 GT SWB California Spyder is now property of Radio 2 DJ Chris Evans and his wife golf pro and writer Natasha Shishmanian.

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