1932 Chevrolet Oil Pan 138 on 2040-parts.com

Arizona auctions: Plenty of bidders are willing to buy

Friday's auction results from the four major auction houses continue on a strong streak, with sales reports topping even optimistic pre-event estimates. RM Auctions completed its second and final day of sales in Phoenix, posting results totaling an estimated $30.6 million, a record-high amount for this event. The Canadian-based company also garnered the most talked about sale of the day, a 1955 Mercedes-Benz 300SL steel-bodied "Gullwing" that sold for $1.375 million.

Local Motors announces winners of Terra Prix 2085 design competition

Local Motors has announced the 10 winners of its Terra Prix 2085 Concept Design competition. The competition brief asked entrants to design a two-person race vehicle that could navigate every terrain imaginable on every continent, as well as a support craft for any maintenance needed throughout the race. The support craft had to be able to carry tools, extra parts, any potential module changes for different terrain as well as enough 'fuel' for both vehicles to move between three major checkpoints.

Discovery Velocity TV channel to launch Oct. 4

The Discovery Network is launching a new channel--Discovery Velocity--aimed at upscale car guys and girls. It will replace HD Theater on your cable or satellite system. The initial lineup features more than 140 hours of original shows.