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Aston Martin will make a profit for the first time since 2010

LONDON — Aston Martin is on course to post its first annual pre-tax profit since 2010 as strong demand for the luxury automaker's DB11 sports car boosts its performance. Pre-tax profit reached 22 million pounds ($29 million) in the first nine months of 2017, reversing a loss of 124 million pounds in the same period in 2016, Aston said on Wednesday. "Our strong financial performance and continued profitability reflect the growing appeal of our high-performance sports cars, with the new DB11 Volante and a new Vantage expected to stimulate further demand in the coming year," Chief Executive Andy Palmer said. Asked on Monday whether the firm would be in the black this year, Palmer told Reuters: "It's our intention to be." Aston Martin, which is mainly owned by Kuwaiti and Italian private equity firms, last posted a profit in 2010. Its losses then grew, partly due to lack of new models, a high-profile recall and an extended period without a chief executive. Since Palmer's appointment in 2014, the firm has pursued a turnaround plan designed to boost its model lineup, quadruple volumes and produce its first SUV at a new plant in Wales, setting up a possible stock market flotation. Volumes rose 65 percent to 3,330 cars in the first nine months of the year, prompting the firm to raise its full-year guidance to expect core earnings of at least 180 million pounds on revenue of over 840 million pounds. Third-quarter profit stood at 0.8 million pounds, reflecting a quieter period across the car sector when demand falls as people take holidays and some customers prefer to wait until after the vacation period to have their cars delivered. On Tuesday, the firm launched its new Vantage model, which will take its output to 7,000 sports cars in 2019, its highest level in a decade. Related Video:

World's Fastest Gamer prize: Racing Aston Martins around the world IRL

LONDON — Two-time Indianapolis 500 winner Juan Pablo Montoya is to lead the judging panel for season two of World's Fastest Gamer, a competition aiming to take a virtual racer to the real track for a season with an Aston Martin sports car team. Season one winner Rudy Van Buren, previously a sales manager in the Netherlands, won a year as simulator driver with the McLaren Formula One team. Competition founder Darren Cox said the message coming through from the esports world was that gamers wanted more. "These gamers at the end of the day want to go racing," he said on Wednesday. "So we thought, let's not go against what everyone wants, let's push it and have the real racing as the prize." Cox has plenty of experience of that, having created the GT Academy program that took 23 people from gaming to racetrack with Nissan: "The big prize for the gamers in GT Academy was one race ... this time we're saying we're confident we'll find someone who's good enough and who will do a full season in Aston Martins at the biggest tracks in the world." The winner from 10 finalists — eight of them champions from top motor racing esports series and two separate qualifiers — will become a professional racing driver with Swiss-based R Motorsport, who work closely with Aston Martin. Van Buren will also be racing a full season as teammate to the winner. Cox said the prize of a full season was worth more than $1 million. The circuits will include Monza, Le Castellet, Brands Hatch, Nurburgring, as well as 24-Hour endurance races at Spa-Francorchamps and Daytona. Montoya, who won seven Formula One grands prix with Williams and McLaren, is also a keen online racer and still practices on simulators. Cox said he had started talking to the outspoken Colombian about gaming when they met at Daytona a year ago and he was "fully up for it." "I know the skills between real and virtual are completely transferable, so my job on WFG is to make sure these gamers are hungry and perform under the pressure I intend to put them under," Montoya said.

1965 Aston Martin James Bond DB5 nets record $6.4 million at auction

Remember we told you how an original James Bond-spec Aston Martin DB5, used as a promotional vehicle for the 1965 Bond film “Thunderball,” was headed to auction? The one equipped with gadgets including a bulletproof rear glass shield, smoke screen and so forth? Well, the car just sold at RM SothebyÂ’s “Evening with Aston Martin” sale at Monterey for a final, record-shattering price of $6.385 million. ThatÂ’s after receiving an initial estimate of $4 million to $6 million. 1965 Aston Martin DB5 'Goldfinger'-spec View 30 Photos Also at Monterey, a DB5 Shooting Brake from the same model year, though not equipped with James Bond gadgetry, auctioned for a cool $1.765 million. It was one of just 12 ever built, and among only four built with a left-hand drive. It was expected to fetch $1 million to $1.4 million, so it was a good week for Aston, old chap. The Bond car was one of two 1965 DB5s commissioned by Eon Productions, the British film company, and used as promotions for “Thunderball.” Neither were used on screen, but they received all the gadgets from the film, installed by Aston Martin and built to actually be used and be reliable. In addition to the gadgets mentioned above, there are bumper overriders, front guns (!) and an oil slick dispenser, plus toggle switches, weapon drawer and tracking screen. 1965 Aston Martin DB5 Shooting Brake View 20 Photos RM SothebyÂ’s had previously sold the car in 2006 for $2.09 milling, but it then went through a complete restoration, including the gadgets, that was completed in 2012. Aston Martin last year announced it would be building continuation versions of the Bond 1965 DB5.