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The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).

Volkswagen to buy Giorgetto Giugiaro’s Italdesign?

The Morris Ital - one of Morris Ital by Giorgetto Giugiaro's greatest (sort of) It’s probably a fair bet – or at least was and has been for some time – that Volkswagen would be in the frame to buy an motoring asset that comes on the market. Especially if that asset is in trouble and an iconic name can be grabbed for a song – or less. Which explains why the names of VW and Giugiaro’s Italdesign are being linked together as the Italian designer appears to seek a car maker to rescue it from the woes of being an independent in these rather troubled times.

2011 Chrysler 300C: Official

2011 Chrysler 300C - launches at the 2011 Detroit Motor Show The Chrysler 300C may not be the biggest seller in the UK – although it is loved by chauffeur companies looking for a cheap ‘Limo’ – but it is still a common enough occurrence on British roads for news of a 2011 Chrysler 300C to be of interest to UK as well as US readers. The facelift for the 2011 300C is not the most comprehensive ever seen, but the exterior does get a bit of a workover with a new grille, LEDs and a more rakish windscreen which makes the 300C look a bit less like a ‘box on a box’ in profile. Oh, and Chrysler has stuffed lumps of extra chrome wherever it can, although we doubt if they will make the Euro version.