Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.

McLaren MP4-12C Spider makes Detroit debut

The McLaren MP4-12C Spider made its Detroit debut on Thursday at Woodward's Vinsetta Garage. It was not the Volcano yellow drop-top seen at Pebble Beach, but a version slathered in what McLaren calls Volcano red. We already know the details.

Millions of Ford vehicles recalled for engine-fire risk are still unrepaired

About 8.4 million Ford vehicles that can possibly catch fire remain on the road because of lack of owner information even after the largest U.S. safety recall ever, regulators said Thursday. The National Highway Traffic Safety Administration urged owners of the 14 million vehicles recalled between 1999 and 2009 for leaky cruise-control switches to take their unrepaired vehicles in to dealers.