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1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ makes €9,856,000

It’s the annual  Concorso d’Eleganza Villa d’Este festival of supercars and classic cars this weekend, and poart of that is the RM Auctions sale at Vella Erba, on the banks of Lake Como, with a 1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ smashing the world auction record by fetching €9,865,000. The 375 MM is one of three works cars entered in the 1953 24 Hours of Le Mans and has a good history including 24 Hour of Spa, the Carrera Panamericana, and winning the 12 Hours of Pescara, has been driven by World Champions Hawthorn, Ascari, and Farina and won numerous awards at many events including Pebble Beach, Goodwood Revival and the Louis Vuitton Classic. But it wasn’t just the 375 MM that sold at a strong price, with other notable lots fetching good prices, such as a 1965 Ferrari 275 GTB, for €1,120,000,  a 1967 Lamborghini Miura P400 at €426,600, a 1962 Mercedes-Benz 300SL Roadster for €1,114,400 and a 1962 Ferrari 400 Superamerica SWB Coupé Aerodinamico for €2,184,000.

Range Rover Hybrids press ahead on Silk Trail route to Mumbai

A trio of Range Rover Hybrid prototypes is well on its way to India on a 9,950-mile endurance drive through 12 countries. Land Rover is following the old Silk Trail to the east, but while it took ancient merchants months to complete the route, the Land Rover Hybrid team will be doing it in just 53 days. The Silk Trail is a historical network of trade routes which connected Asia with Europe and the Mediterranean, and got its name from the Chinese silk which was a lucrative trade item well into the 14th century.

Audi A5 Sportback preview (w/ Video)

Audi has revealed a teaser image and sketch of the forthcoming A5 Sportback, which is scheduled to make its debut at the Frankfurt motor show in September. Though the core design of the production car is similar to the Sportback show car unveiled at the NAIAS in Detroit at the start of this year, it will be smaller in size. Coined a 'five-door coupe' by the Ignolstadt-based automaker, the Sportback features a spoiler lip and a diffuser insert integrated into its elongated rear end.