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First Sight: Fenomenon Stratos

The Geneva Show sees a surprising newcomer to its stands in the shape of Fenomemon Ltd and their concept Stratos project. This new London-based vehicle design agency is led by a current student on the Royal College of Art's Vehicle Design course, Chris Hrabalek, who has masterminded a complete full-size mockup of a reborn Lancia Stratos concept for this year's Geneva Show. In a world where multinational companies spend several million dollars on a concept car and stand, that's a phenomenal achievement.

Arizona auctions: Plenty of bidders are willing to buy

Friday's auction results from the four major auction houses continue on a strong streak, with sales reports topping even optimistic pre-event estimates. RM Auctions completed its second and final day of sales in Phoenix, posting results totaling an estimated $30.6 million, a record-high amount for this event. The Canadian-based company also garnered the most talked about sale of the day, a 1955 Mercedes-Benz 300SL steel-bodied "Gullwing" that sold for $1.375 million.

Formula Drift readies for 10th anniversary

Just two weeks after selling more tickets than ever at its 2012 season-ending event at Irwindale Speedway in Southern California, Formula Drift announced special 10th anniversary plans for the coming 2013 season. “It's crazy,” Formula Drift co-founder Jim Liaw said of the series' and sanctioning body's first 10 years. “It's kind of gone by in a blur.” That would be because it went by sideways.