Korres Project 4 is a Greek's Answer to a Super-Crossover Coupe [w/Videos]

Greece is not represented in the global supermarket for sports cars, but there are people trying to put the country on the map, in a meaningful way. One such man is architect/inventor Dimitris Korres, who is building a unique sports car that is intended for fast driving on surfaces other than tarmac.

Called the Korres Project 4, it uses a naturally-aspirated seven-liter V8 engine straight out of the old Corvette Z06, and since it is lighter than the American car, 62 mph (100 km/h) comes up in under 4 seconds, while top speed is a claimed 186 mph (300 km/h).

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Foolish Rally Fans Are a Split Second Away from Becoming Roadkill

Remember Group B-era rally footage when fans used to stand on the special stages and then clear the roads seconds before the cars arrived? It looks like this irresponsible behavior continues into 2013, as proven by this footage from the Acropolis Rally in Greece that ended on Sunday. Read more »

Greece's Far-Right Golden Dawn Party Opens Tolls for All During Easter…

Greek drivers received an unexpected "gift" on Friday when members of the far-right, many say, downright neo-Nazi, Golden Dawn party, occupied [sic] many toll booths around the Mediterranean country's road network allowing motorists to get a free ride for their Orthodox Easter weekend travel.

Of course, in reality, there's no such thing as a free ride as the citizens of debt-struck Greece will end up paying the losses in income from the tolls in another form, sooner rather than later…

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Only 1 New Ferrari Sold in Greece in 2012, Compared to 21 in 2007

That the economy of Greece is in shambles, is no secret, nor is the fact it will take years, if not decades, for the country to stand up on its feet again.

Even the rich seem to be affected from the cash flow crunch, as according to a Reuters report, only one new Ferrari sports car was registered in Greece for the whole of last year. Perhaps the Greeks turned to the used market, we hear you ask? Nope, as only one used Ferrari was sold in a country of more than 11 million in 2012.

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Debt-Stricken Greece Wants to Build a Formula 1 Racing Track in the Peloponnese

Greece is the country that’s been hit the hardest by the debt crisis that has brought a lot of unrest in Europe, threatening even the existence of the Eurozone itself. For the past three years, successive governments have imposed heavy taxes and pay cuts to reduce the country’s debt, an effort that has yielded questionable results.

Yet it looks like a long dream of Greek car and motorsport fans may come true, even amidst the crisis. The Ministry of Development and Transportation has given the green light to begin construction of a Formula 1 track; all it remains for the works to begin is the ratifying of the project by the Greek Parliament.

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