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Video: Hagerty reviews Saturday news from Monterey auctions

Hagerty's Dave Kinney, Donald Osborne and Rob Sass discuss auction results for Russo and Steele, Mecum, Gooding & Co. and RM Auctions. The Monterey Week is packed with car shows, vintage racing and car auctions.

Maserati looking at LaFerrari for MC12 successor

Maserati is looking into building a successor to the MC12 Stradale supercar based on the Ferrari LaFerrari, according to a report from Autocar. Maserati boss Harald Wester didn't confirm it to the British magazine, but admitted there is an opportunity. The new car would use the chassis and suspension components from the LaFerrari, but not its electric motor and KERS system.

Sir Stirling Moss, 81, retires from racing

While participating in a live interview with Joe Bradley of RadioLeMans.com on Thursday, Sir Stirling Moss announced his retirement from the sport that he loves. "This afternoon I scared myself, and I have always said that if I felt I was not up to it or that I was getting in the way of fellow competitors, then I would retire," Moss said. Moss is one of the most recognizable figures in motorsports, with a career that has spanned more than 60 years.