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Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.

LX-rated love-in: Web forum members make their virtual passion real

The Dodge Charger, the Challenger and the Chrysler 300C share more than what Chrysler calls its LX platform. They also share an enthusiastic owner base at the www.lxforums.com Web site, where for the last six years more than 33,000 enthusiastic owners have met virtually to share information, photos and love for their cars. Event founder and 2005 300C owner John Fortuno calls it a "modern-day version of the car club." Five years ago he decided to "bring the virtual to reality" by staging a Spring Festival car show in Southern California where members could meet in person.

Preview: Fisker Surf

Fisker has released the first image of its new Surf vehicle, set to debut at the 2011 Frankfurt motor show. Focusing on continuing with the company's philosophy, 'Pure Driving Passion' - the electric vehicle with extender range is said to be akin to the Fisker Karma sedan, but Fisker has intriguingly promised a new twist. Other than this and the sole image of the Surf, details of the car have been kept secret in the build-up to this year's Frankfurt motor show. CDN will be bringing you all the details and pictures from the show next week.