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Ferrari 250 Testa Rossa set for Monterey auction

A 1958 Ferrari 250 “Pontoon Fender” Testa Rossa will be featured in August at RM Auctions' 25th Sports & Classics of Monterey event. The Scaglietti-designed race car, serial number 0738 TR, is expected be one of the most valuable cars ever offered during Monterey's auction week. “RM set the current world-record price for a car sold at auction with another pontoon-fender TR selling for $12.4 million,” said Rob Myers, chairman and CEO of RM Auctions.

Los Angeles auto show 2009 photo gallery

By Ben Pulman Motor Shows 02 December 2009 20:40 Browse through the photos at the 2009 Los Angeles auto show on this page. We've got the latest pictures of all the important debuts at LA's motor show – and we'll be adding more photos in the next few hours.CAR's reporting team in Los Angeles is filing pictures back as soon as the covers are whisked off the important new cars – from the VW Up! Lite to the Honda P-Nut, Porsche's new Boxster Spyder to the Cadillac CTS Coupé.Don't forget to read the exclusive CAR Live Blog filed live from the 2009 Los Angeles auto show.

One Lap of the Web: XKR-S GT, Honda bikes and a new Bugatti

Journalist Chris Harris got a chance to take the Jaguar XKR-S GT for a spin on the track in the latest Drive video. The GT gets Jag's 5.0-liter V8 making 550 hp and 501 lb-ft, which is the same as XKR-S. However, plenty of improvements are made in the chassis.