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Ettore Bugatti’s own Type 57C up for auction

Ettore Bugatti's personal Type 57C Coupe is up for auction at Pebble Beach in August Not only are Classic Cars a decent long-term investment they do also offer the pleasure of playing with them – something no other work of art can manage. And with the rising wealth in emerging economies, something with as finite a supply as Classic Cars can hardly fail to appreciate in the long term. Which explains why real classics are still fetching record prices.

Irwindale, Kern County tracks coming back

Two paved circle tracks in Southern California should be up and racing by spring, good lord willing and the creek don't rise. The two facilities plan to cooperate in order to maximize the chances of success. Irwindale Speedway, now officially to be referred to as The Irwindale Event Center, had no races on its oval tracks in 2012 after the former track operators filed for Chapter 7 bankruptcy in February.

Upcoming Mercedes-Benz MLC-class spied testing

Just a few weeks after the debut of the Mercedes-Benz MLC in concept form, prototypes have been spotted testing in Colorado earlier this month. The MLC is meant to offer packaging similar to the BMW X6, combining the SUV shape of the ML with a more coupe-like exterior design. The MLC will make its public debut at the Moscow International Motor Show in August of this year, a location that is perhaps indicative of the target audience for this upcoming crossover.