The National Corvette Museum announced the 2007 inductees to the Corvette Hall of Fame, the highest honor given to those people for their contributions for preserving the past, present and future of Corvette.

Bloomberg News is reporting that General Motors is now thinking about dropping several of its brands in order to increase its chances of getting government aid.

GM on Sunday has posted a You Tube video that shows what can happen if the U.S. auto industry would fall. The video indicates the industry is faced with an “imminent collapse” that could lead to the loss of 3 million jobs in 2009.

MotorTrend serves up a quick video of a straight line drag race between the Corvette ZR1 (638hp), Ferrari 599 GTB (612hp), Nissan GT-R (480hp), Porsche 911 GT2 (530hp).

Ferrari FXX Evoluzione #24. This was 1 of 8 Ferrari FXX Evoluzione that showed up to race at "Le Circuit" in Mont-Tremblant, QC. This is one of only 6 races in the world for 2008.

Great little clip of a Nissan GT-R R35 versus a Lamborghini Gallardo Superleggera on a landing strip! The sound of both engines are fucking spectacular and more amazing is the winner!

Lewis Hamilton spoke about Mercedes' Stars & Cars day: "In 2007, I was able to celebrate together with many thousands of spectators being runner-up after only one year in Formula 1. Today, one year later, and with 72,000 visitors, we celebrate the World Championship. It’s absolutely crazy how many people came today and I hope everybody had fun – I had it, that’s for sure.

Check out what the boys over at Jalopnik recently got their hands on: Transformers 2 - Corvette Centennial Concept Photos!!

These new Transformers 2 spy photos show the Corvette concept and the entire Autobot team!. There’s the Beat and Trax, and Optimus and Ironhide.

BMW presented the racing version of the new BMW E92 M3 at the 2008 Chicago Auto Show. Powered by a 485 bhp eight cylinder engine, this impressive race car has been designed to compete in the American Le Mans Series (ALMS) from 2009 onwards.

If I had a Porsche 911 GT3, I would do the same thing this guy did… I would line up a bunch of cold beers for the evening and slam them back one after another straight off the racing wing of my GT3.