Saturday night's all right at Barrett-Jackson auction

Auction company Barrett-Jackson has a long-standing tradition of selling cars with no reserve--meaning the car is sold to the highest bidder regardless of price--but a change in that policy saw several million-dollar sales Saturday night at the annual extravaganza in Scottsdale, Ariz. While most of the cars crossing the Barrett-Jackson auction block continue to be sold at no reserve, the auction giant offered up several classics with a reserve and the results were impressive. The top five sellers all eclipsed the magical million-dollar figure with the auction broadcast live on Speed TV.

McLaren shows off its MP4-12C GT3 racer

McLaren GT, comprised of a partnership between the British company and CRS Racing, has unveiled its new GT3 race car based on the forthcoming MP4-12C sports car. This is the first McLaren built for FIA GT racing since the F1 GTR took to the track before production ended in 1997. "McLaren has racing in its blood, and it was a natural step to take our MP4-12C road car and turn it into the most reliable, efficient and easy-to-drive GT3 car," said Martin Whitmarsh, the McLaren Group's chief executive officer.

Lotus Evora GTE, Elise S (2012) at Frankfurt motor show

Having staid the executioner's blade from above the Evora and delayed its Elan replacement until at least 2016, Lotus is now pushing ahead with a new range of Evoras. Unveiled at the 2011 Frankfurt motor show was the most powerful Evora (and road-going Lotus) ever, the GTE, and a revised Evora and Evora S. So how much power does the Lotus Evora GTE have?