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First Ferrari F12 in U.S. goes for $1.125 million

The first Ferrari F12 Berlinetta in the United States was sold on Saturday at the Formula 1 U.S. Grand Prix in Austin, Texas for $1.125 million. The auction benefited Hurricane Sandy victims.

Toyota studies a rear-drive entry for Scion

Scion vice president Jack Hollis is a former Stanford and AAA baseball player who, but for an injury, coulda been a contender, coulda played in the show. He's not one to boast--he didn't tell us of his baseball days, we got it from someone else. Nonetheless, you'd imagine the 6-foot-2-inch auto exec would have a pretty good self-image.

CAR tech: Audi's miracle e-fuel (2013)

Global warming; sky-high oil prices as reserves peak; spiralling crop prices and intense pressure to find fertile land – society faces immense challenges, as it strives to protect the planet and keep our cars on the move. Audi is working on a miracle fuel that could help mitigate these problems, in a facility under construction in the uncompromising, scorching environment of New Mexico, USA.  Not content with having a range more diverse than London’s World Pride parade, Audi is moving into the fuels business, in partnership with US biotech firm Joule Unlimited. The pair are developing carbon-neutral synthetic fuels, called e-fuels in keeping with Audi’s E-tron eco brand.