Hugo Chavez buys an F1 team

Yes, you read that correctly. After Williams F1 signed Venezuelan driver Pastor Maldonado, the team followed up with a long-term sponsorship deal with Venezuela's state-owned oil company PDVSA.

The Venezuelan company has pledged to give millions and millions of dollars to the cash-strapped F1 great, this giving the South-American dictator something to be proud of.

Williams was left in a sticky situation after the Royal Bank of Scotland decided to pull the plug on the team. After that, Williams looked to the worlds fifth largest oil exporter for help. PDVSA has been rumored to inject somewhere around $14 million dollars.

Source: ESPN F1

Cadillac CTS-V coupe really does look at home on the track

After the new Cadillac CTS-V coupe racer debuted at the Detroit Auto show, I was left stunned, then GM had to drop these purely pornographic picture on my face.

Just this last week the Cadillac's CTS-V Coupe SCCA World Challenge GT racecar was spotted as it was being given a good shaking by drivers Johnny O'Connell and Andy Pilgrim at Sebring International Raceway.


more pics after the break.

Whats this? A new Ferrari? and finally a new post too?!?

Finally, the moment we have all been waiting for, after all the spyshots, and speculation, the Maranello gang's got their newest prancing horse to add to the stable and boy do we have news for you; it's a hatch-back?

Detail, pics and video after the break.