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P1 reborn: the return of the P1 supercar club

There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.

Fifth Gear Tonight: Drifting, Mercedes SL, Ferrari World Record & Nitrogen in tyres

Fifth Gear tonight sees Jonny learning to drift, Vicki out at the Ferrari world record gathering, Jason with the new Mercedes SL and Tiff on Nitrogen in tyres. Our weekly preview of what’s on Fifth Gear continues with news of what Fifth Gear has on offer tonight, 11th March 2013. Jonny turns in to Tiff Needell tonight as he learns how to Drift cars – in this case a a specially modified BMW M5 – ahead of competing in the famous Gatebil show in Norway, with tuition from 2011 British drift Champion Mark Carter.

Honda Insight (2012): now cleaner and sub-100g/km

Honda will unveil the revised Insight hybrid car at the 2011 Frankfurt motor show – and CO2 emissions have finally been tickled under 100g/km. The five-door hatch now boasts a CO2 rating of 96g/km. So – under current tax regimes – you won't pay a penny in annual road tax or the London congestion charge.