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Garagisti GP1 Revealed: 780hp Manual V12
Hello, SpeedBiters! Here's what's on the menu today:
$2m Lamborghini was stored in someone’s living room
Vowles surprised at the return of the Monaco two-stop rule
Dodge unlocks personalization on Durango SRT with Jailbreak model
Porsche reveals Evo model of 991 GT3 R race car for 20266
Forza Motorsport support to continue, but future still unclear
...and more!
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INDUSTRY NEWS

A new UK-based brand named Garagisti is introducing the GP1, a hypercar that draws inspiration from classic Italian designs while featuring a 6.6-liter V12 engine developed by Italtecnica. With a focus on simplicity and an analogue driving experience that includes a six-speed manual, the company plans to produce only 25 units, priced at £2.45 million each, as it aims to revive the essence of iconic supercars from past decades.

Dodge has announced that the Durango SRT Hellcat will return for the 2026 model year, featuring a new Jailbreak variant that removes restrictions on specifications to enhance customization options for buyers. Orders for this updated model will commence on August 13, with deliveries anticipated in the last quarter of the year.
Acura has offered a sneak peek at the new RSX electric SUV prototype, which will be unveiled at Monterey Car Week and feature a design inspired by the Performance EV Concept. Set to launch in late 2026, this model will introduce Acura's new electric platform and advanced ASIMO OS technology, marking a significant step in the brand's EV evolution.
Genesis, Hyundai's luxury division, has expanded its presence in the US by adding seven new dealerships, bringing the total to 75 locations since its inception in 2015. The brand also recently introduced the Prestige Black trim for select models in North America, featuring a distinctive monochrome aesthetic and enhanced interior finishes, with pricing starting at $79,350 for the G80.
A recent trademark application by Ford indicates the potential revival of the Ranchero name for an upcoming electric pickup, aligning with the company's strategy to introduce innovative EVs in the US. This midsize truck, which is being developed on a new dedicated platform, aims to offer a distinct identity separate from the F-150 Lightning while targeting a more affordable segment of the market.
Jeep is set to unveil a refreshed version of the Grand Wagoneer luxury SUV for 2026, featuring a redesigned front with narrower headlights and a new grille design. While further details are anticipated in the coming months, updates to the interior and potential changes for the standard Wagoneer variant are also expected.
The tariffs imposed by the current White House administration have already inflicted significant financial strain on the automotive sector, with losses nearing $12 billion in just a few months. Automakers face tough choices between increasing prices or relocating production domestically, a process that is complex and time-consuming, while the ongoing impact of these tariffs continues to threaten their profitability.
Xiaomi has enhanced its electric vehicle design team by bringing on board Kai Langer, a former BMW design leader known for his extensive experience in creating innovative automotive models. Although his specific responsibilities at Xiaomi are not detailed, his background suggests he will play a role in advancing the company's electric vehicle initiatives, particularly as it expands its European research and development presence.
MOTORSPORT

Porsche has unveiled the Evo variant of the Type-992 911 GT3 R, set to enter customer racing in 2026, following a successful run of the current model that includes notable victories in prestigious events. This updated version features enhancements aimed at improving handling and aerodynamics, incorporating various technical modifications to support competitive performance for amateur drivers.

Williams team principal James Vowles has expressed his astonishment at the FIA's decision to reintroduce mandatory two-stop strategies for the Monaco Grand Prix in 2026, following a contentious trial this year. The team was one of several to exploit the rule with unorthodox tactics that made Vowles uncomfortable, though FIA single-seater director Nikolas Tombazis noted the final decision on the rule is still open for discussion.
McLaren's CEO Zak Brown has taken responsibility for the company's withdrawal from Formula E after completing three seasons in the electric racing series. Team principal Ian James faced the challenge of finding a new owner to sustain operations for the upcoming season, but ultimately, the effort to secure a buyer was unsuccessful, resulting in the return of the team's license.
Max Verstappen expressed his approval of the early efforts of Laurent Mekies, the new team principal at Red Bull, who succeeded Christian Horner after the British Grand Prix. While Verstappen acknowledged that it may take time to see the impact of Mekies' leadership, he appreciates his proactive approach and engagement.
Carlos Sainz highlighted the need for a significant redesign of the Williams car in preparation for the 2026 Formula 1 season, citing the team's struggles at the Hungaroring as indicative of ongoing aerodynamic challenges. While the FW47 has shown versatility on various tracks, Sainz emphasized the importance of addressing its performance issues in longer corners to enhance competitiveness in future races.
McLaren's Andrea Stella acknowledges that rivals will continue to compete for victories in the latter part of the 2025 Formula 1 season, despite the Woking squad’s dominance thus far. Citing recent performance improvements and results, Stella notes that Ferrari, Mercedes, and Max Verstappen from Red Bull can all challenge the McLarens on track.
Toto Wolff emphasized the significant role Lewis Hamilton continues to play for Mercedes, even after his recent transition to Ferrari. Despite Hamilton's departure, Wolff maintains a strong friendship with him and acknowledges the lasting impact he has had on the team, while also recognizing Hamilton's ongoing support for his successor, Kimi Antonelli.
CURIOSITIES

Detailing expert Larry Kosilla was called by his friend Barrett to evaluate a rare Lamborghini Miura S that had been stored in a Long Island living room for 40 years without being driven. After inspecting the car, which remains in remarkable condition with matching numbers, they faced the challenge of dismantling a wall to retrieve it, ultimately leading to its sale for over $2 million at auction in 2024.

Forza Motorsport's developer, Turn 10, has reassured fans that support for the game will continue in the coming months, although details about future content and sequel titles remain unclear. Recent staffing reductions at Microsoft, including the departure of key personnel from Turn 10, raise questions about the long-term direction of the series, with the announcement of a new Forza title slated for 2026 likely to refer to a Horizon game.
Recent enforcement of a long-standing law requiring truck drivers to communicate in English has led to citations for two drivers in DeKalb County, Alabama. The Alabama Trucking Association's leader supported this action, emphasizing the importance of language proficiency for safety and compliance, despite the historical context of the regulation and its previous leniency under the Obama administration.
A Lotus prototype developed in the 1980s and rescued by a collector after GM shelved the project is coming up for auction during the Monterey Car Week. The Lotus Etna was initially overseen by Colin Chapman himself, with a Giugiaro-designed body and in-house developed V8, but after his death the vehicle was mothballed by the new owners with the functional prototype stored at Hethel until purchased by Olav Glasius and is expected to sell for up to $400,000 following restoration.
The latest report from the Insurance Institute for Highway Safety and Highway Loss Data Institute reveals that the Chevrolet Camaro ZL1 has emerged as the vehicle most frequently stolen in the United States, with theft rates significantly higher than average. The analysis highlights a notable increase in theft claims for sixth-generation Camaros, particularly following the introduction of keyless ignition systems in the 2016 model year.
A pastor in Erie, Pennsylvania, is under investigation for allegedly manipulating a charity raffle to claim a C8 Corvette Convertible, as well as falsifying the names of other prize winners. Rev. Ross R. Miceli reportedly confessed to transferring funds from the raffle account to a different church account, which he claimed generated interest, and admitted to selecting family friends as winners of smaller cash prizes.
For those looking to impress a Honda racing enthusiast, a meticulously crafted scale model of the historic Honda RA272 Formula 1 car could be the perfect gift. Limited to just 300 units in 1:18 scale and 30 in 1:8 scale, these models are priced at $1,735 and $28,995 respectively, surpassing the cost of many actual Honda vehicles.
Monterey Car Week encompasses a wide range of automotive events beyond the prestigious Pebble Beach Concours d'Elegance, attracting a mix of classic and modern high-end vehicles. In response to past issues with unruly behavior during the festivities, Carmel's newly appointed interim police chief has implemented enhanced safety measures, including increased patrols and traffic modifications.
A YouTuber known as The Bearded Explorer recently uncovered an abandoned dealership in the Netherlands filled primarily with Alfa Romeo vehicles from the 1990s and early 2000s, revealing a range of models in various states of disrepair. Among the notable finds are the Alfa Romeo 166, featuring the revered Busso engine, and the well-preserved 155, alongside other classic models like the 156 GTA and a uniquely modified 33.
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