1 Used 225/40r18 General Altimax Hp 8/32nds Of Tread. on 2040-parts.com

Ferrari 250 GTO hitting Bonhams in August – but how much will it sell for?

Will the Violati Ferrari 250 GTO (pictured) break the $60 million barrier? The last Ferrari 250 GTO Series 1 to hit auction rooms in 2012, fetched a remarkable $35 million, and last year another 250 GTO – chassis #5111 – was sold in a private deal thought to be worth $52 million. And now another Series 1 250 GTO is about to hit the sale room.

European Car of The Year 2012 to be announced at Geneva

The European Car of the Year 2012 will be revealed at next month's Geneva motor show, drawn from a shortlist of seven cars. In the first stage of voting judges selected their seven favorite cars from a list of 35 candidates that were put on sale in Europe in 2011, with January seeing the declaration of the seven finalists. The second stage of voting will find the European Car of the Year 2012, with the winning car announced on 5 March at the Geneva motor show.

BMW 1 Series dead in US after 2013

With its successor set to bow at the Detroit Auto Show in a couple of months' time, word's come down from BMW that 2013 will indeed be the end of the line for the BMW 1 Series — at least in the US. It will remain available elsewhere in the world as a three-door and five-door hatch. The coupe and convertible, meanwhile, are being replaced by the 2 Series, in convention with BMW's new naming scheme.