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Glickenhaus's SCG 003 to pack twin-turbo Honda V6?

Scuderia Cameron Glickenhaus has made (or commissioned) two vehicles to date - the P4/5 and the P4/5 Competizione - and is now hard at work on its third. The first was based on the Ferrari Enzo and the second on a Ferrari F430, but the third is being developed independently from the ground up. The question, then, is what engine will it use?
Well now we may have our answer as Jalopnik reports that the SCG 003 (as it's known at the moment) will be powered by a 3.5-liter V6 sourced from Honda, fitted with twin turbochargers and producing in excess of 500 horsepower.
Honda's J35Y engine produces 278 horsepower in the Accord, 290 hp in the Acura MDX and 310 hp in the RLX. It also forms the basis for the HR35TT racing engine which Honda Performance Development puts in its Daytona Prototype, so if the rumors turn out to be true, chances are that's probably the engine in question - with the possible addition of a hybrid electric assist - but we'll have to sit tight to find out for sure.

Honda to power new Formula Lites open-wheel racing series

Open-wheel racing is almost always incredibly exciting to watch, whether it's the constant passing of the Indy 500 on an oval or the technological tour-de-force from Formula 1. However, both of those disciplines are essentially impossible for a normal person to enter. Of course, there are already cheaper, more amateur-friendly open-wheel competitions, like Formula Vee. A new SCCA Pro Racing series called Formula Lites aims to be a step in the ladder between those, offering a development opportunity to young drivers who want to be professionals.
The series already has some impressive backers. One of the biggest needs is now filled, as Honda has signed on as the engine supplier. All of the cars in Formula Lites will use the company's K24 2.4-liter four-cylinder engine. The automaker didn't specify power output for the competition engine, but in production models the K24 has made in the neighborhood of 190-200 horsepower in many applications. That should make the racers plenty potent.
All of the cars are using the new carbon fiber FL15 chassis from Crawford Composites, and Pirelli is the series' tire supplier. The organizers' goal for the cars is to keep racing costs down, while offering a reliable platform. Formula Lites plans to start racing with a few events later in 2014, and the full calendar begins in 2015. Scroll down to read the full announcement about Honda's involvement.

Honda Insight finally, officially dead

Earlier this week, we told you that the Honda Insight was scheduled to get the axe - something that had been rumored for a long time. Now, Honda has officially confirmed that the Insight is being put out of our its misery. That's right, America's most affordable mass-produced hybrid will officially die after the 2014 model year, with production scheduled to end this summer. Honda says that, moving forward, it will focus its efforts on expanding its newer two-motor hybrid system found in the Accord. Of course, this news doesn't exactly give us much hope for the CR-Z hatchback's longevity, either. Scroll down for the official release.