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Porsche 918 Spyder debuts with new N"urburgring lap record [w/video]

It's been a long time in the making, but Porsche has finally revealed the final production version of its long-awaited 918 Spyder here at the Frankfurt Motor Show. And yet that's not even the big news surrounding the hybrid hypercar.
No, the big news is that, while Porsche was preparing taking the wraps off the car here in Frankfurt, elsewhere in Germany a team was setting a blistering lap time at the Nürburgring. And not just any blistering lap time, but a new world record.
Porsche claims that, on the morning of September 4, a team of three drivers (including former rally champ Walter Röhrl and Porsche test drivers Timo Kluck and Marc Lieb) broke the Nordschleife lap record, Lieb finally setting the best time at 6:57 at an average of 111 miles per hour.

CEO says Volkswagen's buying spree is over

After adding Italian motorcycle icon Ducati to its stable and spending $5.6 billion on the rest of Porsche, Volkswagen CEO Martin Winterkorn says he's done shopping for a while.
"We have enough to do at the moment in taking our twelve brands to where we want to be," Winterkorn tells German newspaper Handelsblatt.

Motor Trend holds World's Greatest Drag Race for the third time

As part of Motor Trend's Best Driver's Car competition, the buff book has held its third iteration of the World's Greatest Drag Race. With an airfield and a dozen of the world's finest performance cars at its disposal (oh, and a helicopter), the MT team did what any good group of enthusiasts would do, and tried to figure what car could cover a quarter mile the quickest. World's greatest drag race, indeed.
The contestants, as MT points out, cover a huge variety of engine types, drivelines, aspiration types and body styles, making for a genuinely varied and interesting field of competitors. Here's the full list of cars taking part.
Aston Martin Vanquish