Meet the world’s first Arab hypercar. It’s called the LykanHypersport, looks like a fighter jet and costs $3.4 million. Oh and you can only drive it on a full moon.

Okay, so the last bit isn’t true, but once a month is about as often as this super-exclusive car will be driven. Built by W Motors, the Lykan is the Arab world’s first home-grown hypercar and will be unveiled at next week’s Qatar Motor Show.

As you’d expect, the Lykan is full of over-the-top touches, including diamond encrusted LED headlights, gold stitching in the interior and a 3D hologram display. Underneath though, the Lykan is all business.

560 kW rockets it from 0-100km/h in 2.8 seconds, all on the way to its top speed of 390km/h. Still, don’t expect to see a Lykan in the metal. Only seven are being built.

P-Platers in New South Wales could soon be back behind the wheel of turbo powered cars, if plans to scrap the controversial ban are upheld.

Currently P-Platers are restricted from driving any car with eight or more cylinders or any car with forced induction. But a new national system, which judges a car based on its power-to-weight ratio and is currently being used in Victoria, could soon be ushered in.

Already approved by Austroads – the national transport authority for Australia and New Zealand – this new system would allow youngsters to pilot turbo engines designed for efficiency, like the four-cylinder engine used in the Ford Falcon Ecoboost. Performance cars, like the Subaru WRX or VW Golf GTI, would remain banned.

Drivers aged 17-25 have the highest rate of road fatalities according to the Bureau of Infrastructure, Transport and Regional Economics. If approved, the new regulations are aimed to begin from January 2014.

Ferrari’s all-new flagship supercar, the F70, has been spotted testing in Maranello Italy.

Seen here in heavy camouflage, the F70 will replace the aging Enzo hypercar and will undoubtedly be the most powerful production Ferrari ever built.

Details of the new car are scarce, but media reports suggest it will be powered by hybrid system – a first for Ferrari – using a 600kW petrol engine and an additional 75kW of electric power. If these numbers are true, the F70 will be the fastest road-going Ferrari built to date.

It’s not all about raw power, though. The F70 will use Ferrari’s all-new carbon fibre shell, which is designed to keep weight to around 1000kg and increase rigidity by 27 percent.

No, that headline isn’t a typo. This new creation from French giant Peugeot really does run on…air. And it’s coming soon.

Peugeot reckons this air-powered car will be on the road by 2016, with men in white coats predicting it will knock 45 percent off the fuel bill of the average motorist. Oh, and it’ll be cheaper than a Prius.

So how does it work? A conventional combustion engine works alongside special hydraulics and compressed air cylinders that store and release energy. This allows the car to run solely on air or petrol power, or a combination of the two. The air cylinders re-use the energy normally lost when braking, supplying a never-ending source of power.

It’s a revolutionary system and one that, should it work, could render the expensive batteries used in other hybrid cars useless. As an added bonus, Peugeot says the system can be fitted to any normal family car, without changing the external shape or boot size.

So the message is clear. Want to save the environment? Forget batteries, use air. It’s free.

Apple fans rejoice. You can now, legally, play with your phone while you’re driving. But only if you’re in a Honda. In America.

Honda today announced plans to introduce Siri connectivity into its 2013 Accord, as well as two models from its luxury arm Acura.

The system will be rolled out later this year and means Siri can read text messages, respond to emails, give sports scores, set meetings and make calls on the go.

It’s part of Apple’s new ‘Eyes Free’ mode, which works while your phone’s screen stays dark.

No word on pricing yet, or if it will be available in Australia, but Honda isn’t the only car marker investing in this technology. Audi, BMW, Chrysler, Mercedes, GM and Jaguar are all understood to be working on similar systems.

It’s official. Lamborghinis are faster than planes. On the ground anyway.

Lamborghini became the first brand ever to travel down a runway faster than a plane overnight, belting its new 522kW Aventador Roadster at Miami airport.

The roofless Lambo hit 338km/h on the runway, nearly 100km/h faster than the take-off speed of an average passenger jet.

The stunt is part of Lamborghini’s 50th birthday celebrations, with the brand celebrating in typical flamboyant style. It also marked the official launch of the Aventador Roadster in America, which included a 50-vehicle parade down South Beach.

This sketch might look harmless, but what you’re looking at could be the death of the mighty Mazda MX-5.

The car penned is a convertible Toyota 86 and if it’s made, will pose a very big problem for the world’s most successful roadster.

It will be $15,000 cheaper for a start, with the hardtop 86 already landing heavy blows to sales of the MX-5 world-wide. Chop the top off and Toyota could be poised to land a proverbial knock out.

But happily for Mazda, there’s no guarantee Toyota will build the 86 convertible. Yes a convertible 86 concept will be unveiled at the Geneva Motor Show, but Toyota says it will only build it if there is sufficient interest.

And what are the chances of no one wanting one?

Zero.

Yes it looks like something out of The Jetsons, but this flying car could soon be a reality.

American firm Moller International has received $80 million in funding to build a SkyCar, which won’t just be available to the rich and famous, but to the masses.

The SkyCar is designed to fit four passengers, can travel at speeds over 480km/h and fly as high as 36,000 feet.

Should it be built, the SkyCar will utilise Moller International’s ‘vertical take off and landing (VTOL)’ system, with a fully operational test vehicle to be built by the end of 2013. But don’t start shopping for a pilot’s hat just yet. Production models won’t start until 2014 with the company projecting it needs another $480 million to build it on mass. Still, it’s a step in the right direction. Up, up and away!

The Aston Martin Vanquish has been voted the ‘Most Beautiful Supercar of the Year’ in Paris overnight.

A world-renowned voting panel bestowed the prestigious title, which was announced at The Festival Automobile International in Paris.

It marks the second successive time Aston has picked up the award, after the Rapide took out the sought after prize in 2011.

But while Aston took out the top spot, there’s no word on which supercars came in second and third for 2012.

To fill the void Wheels has chosen two other jaw-dropping supercars to complete the podium.

Click the gallery to see if you agree with our choices.

BMW is planning a new mid-engined supercar to take on the might of Ferrari.

Previously known as the M1, the all-new 450kW supercar is now called the M8 internally, with BMW tipping it to be the brand’s new performance flagship.

Expected to be significantly lighter than rivals from Ferrari, Audi and Lamborghini, the M8 is being built to celebrate BMW’s 100th anniversary in 2016.

Details remain sketchy, but BMW’s M division has revealed the M8 will use a 450kW twin-turbo V8 and utilise technology from the i8 plug-in hybrid due in 2014.

That means exotic materials like carbonfibre and aluminium, with the M8 tipped to charge from 0-100km/h in around 3.0 seconds and sail to a top speed of 320km/h.