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Still saving for a McLaren F1? You’ll need to try harder as they’ve hit £6.2 million

This McLaren F1 sold for $10 million The price of the McLaren F1 keeps on rising, and just last year F1 chassis #66 was sold by Gooding and Co in the US for a then record-breaking £5.42 million. But that record seems to have been broken. Ferrari specialists DK Engineering in Hertfordshire have just spent six months tracking down an F1 for a British buyer, culminating in chassis #28 being sold for a reported £6.2 million ($10 million).

Toyota prices RAV4 EV at $50,610 before tax incentives

Toyota Motor Corp. unveiled the production version of its RAV4 electric vehicle, which carries a battery pack and electric motor system developed in collaboration with Tesla Motors. The crossover will carry a sticker price of $50,610 including an $810 destination charge but before available tax incentives of $2,500 in California and $7,500 at the federal level.

LA Design Challenge 2013: The Entries

The LA Auto Show Design Challenge entries have been revealed, featuring designs from nine of the world's top design studios. JAC, Mazda, SAIC, Qoros, Subaru, Changfeng, Toyota and two groups from BMW DesignworksUSA have submitted designs for the challenge, themed ‘Biomimicry & Mobility 2025: Nature's Answer to Human Challenges'. This year's brief asked for designs for a vehicle experience that identify issues like congestion, pollution, sustainability, flexibility and safety in designing a mobility solution that mimics nature to solve them.