Hennessey Shows us Just How Fast the 1,244hp Venom GT is with New Videos

Shoehorning a 638hp Corvette ZR1-sourced, 6.2-liter supercharged LS9 V8 into a lightweight Lotus Elise is in itself, insane, but choosing to swap the stock supercharger for twin ball bearing turbochargers that push output to 1,244 horsepower takes craziness to a completely different level.

The car featuring this mind-blowing setup is Hennessey Performance's Venom GT and it's as fast as its specifications suggest.

Read more »

DRB-Hicom Declines Offer for Lotus, VW Reportedly Interested in Parent Company Proton

Last week, Reuters reported that the ever-expanding Volkswagen Group is considering to place a new bid for Proton, which owns the Lotus brand, some five years after the Germans failed to form a tie up with the Malaysian carmaker as it seeks to extend its reach in the southeast Asian markets.

Today, DRB-Hicom, which acquired a 42.7 percent stake in Proton earlier this year, said that it had received an offer from an unnamed foreign company to buy Lotus for £1 (US$1.6 / €1.3) and take over the British company's debts that amount to more than £200 million (US$311 million / €257 million).

Read more »