Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.

One Lap of the Web: Lambrecht cars, drifting red Italian cars, and lost east German cars

-- The Lambrecht Chevrolet sale is this weekend, and VanDerBrink auction house has posted some more walkaround videos of the lots. Check out this video which highlights some of the trucks and sedans, most of them with delivery mileage. -- Here's an interesting car that sold on eBay last week and attracted quite a bit of attention on Bringatrailer.com: a 1975 Peugeot 604 that was brought into the U.S.

First look: 2014 BMW M3 and M4

The BMW M3 is back, faster and more powerful than ever before -- but only as a four-door sedan. For its iconic 3-series-based performance model, BMW will dispense with a 26-year tradition of high-revving naturally aspirated engines in lieu of turbocharged six-cylinder power. Revealed here in production-car guise for the first time, the new 425-hp M3 sedan will be joined at the outset by its sister model, the M4 -- a mechanically identical but stylistically sleeker two-door coupe previewed in lightly veiled concept-car form at the Pebble Beach concours in California last August.