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1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ makes €9,856,000

It’s the annual  Concorso d’Eleganza Villa d’Este festival of supercars and classic cars this weekend, and poart of that is the RM Auctions sale at Vella Erba, on the banks of Lake Como, with a 1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ smashing the world auction record by fetching €9,865,000. The 375 MM is one of three works cars entered in the 1953 24 Hours of Le Mans and has a good history including 24 Hour of Spa, the Carrera Panamericana, and winning the 12 Hours of Pescara, has been driven by World Champions Hawthorn, Ascari, and Farina and won numerous awards at many events including Pebble Beach, Goodwood Revival and the Louis Vuitton Classic. But it wasn’t just the 375 MM that sold at a strong price, with other notable lots fetching good prices, such as a 1965 Ferrari 275 GTB, for €1,120,000,  a 1967 Lamborghini Miura P400 at €426,600, a 1962 Mercedes-Benz 300SL Roadster for €1,114,400 and a 1962 Ferrari 400 Superamerica SWB Coupé Aerodinamico for €2,184,000.

Cunningham Corvette battle heads to courts

UPDATED: The battle over ownership of one of the 1960 Chevrolet Corvettes raced at that year's 24 Hours of Le Mans by Briggs Cunningham has moved to the courts in Pennsylvania. The filings—in Cumberland County Court and U.S. District Court in Harrisburg—provide several details about the discovery and ownership of the long-lost car, including the sale price: $75,000.

2014 Chrysler 200 gets a short run

Chrysler Group will cut short the Chrysler 200 sedan's 2014 model year to launch a redesigned version in January. Internal Chrysler documents indicate that the 2014 Chrysler 200 will start production in July at Chrysler's Sterling Heights plant in suburban Detroit and end in the second week of January. Normally, production of the 2014 model would run well into 2014.