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Roush unveils new versions of high-performance Mustangs

Roush is synonymous with go-fast Mustangs, and on Wednesday, the company unveiled its latest--and potentially greatest--steeds, based on the 2010 Ford Mustang. Roush will offer three versions at launch, topped by the 435-hp 427R Mustang. Prices will range from $34,847 for the Stage 1 model to a starting price of $43,051 for the 427R.

Classic car prices on the up: Jaguar D-type sells for £3 million

Classic car prices seem to be ever-rising, with historic models becoming an investment to rival buying property or gambling on the stock market. The inaugural RM Auctions Paris sale this week was a case in point, and resulted in nearly £15 million’s worth of the world’s rarest and most exotic cars going under the hammer. Four cars alone went for in excess of £1 million, and a Jaguar D-type sold for three times that amount.

Steve Earle out at Monterey Historics

Steve Earle, the founder of the famed Monterey Historics, is done as the organizer of the event after 36 races. Earle and track officials were unable to iron out a new deal, making this year's races--run last weekend--his final lap. The future of the must-attend event for classic racing fans is now in question.