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McLaren F1 debuted 20 years ago this week

It’s 20 years this week since the iconic McLaren F1 made its debut at The Sporting Club in Monte Carlo. There were many reasons why we thought McLaren would preview the new F1 to a select audience at last week’s Monaco Grand Prix, not least of which was that it’s 20 years since the first McLaren F1 was revealed to a select audience in the Principality. But it was not to be.

LA Motor Show: New Subaru WRX gets downsized engine

SUBARU has revealed a production-ready version of the WRX concept first seen earlier this year. The latest edition of the performance saloon may not be coming to the UK at all, but Subaru has finally given the 268bhp machine the go-ahead for Japan and North America. A new 2.0-litre ‘boxer’ engine carries on the brand’s tradition, bringing with it the same low centre of gravity as the old 2.5-litre unit but with greater environmental credentials.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.